$SKY
Champion Homes, Inc.

2015 Q2 Form 10-K Financial Statement

#000119312516673582 Filed on August 05, 2016

View on sec.gov

Income Statement

Concept 2015 Q2 2015 2014 Q2
Revenue $49.61M $187.0M $46.04M
YoY Change 7.74% 22.15% -5.72%
Cost Of Revenue $44.00M $169.9M $43.20M
YoY Change 1.85% 19.63% -0.92%
Gross Profit $5.557M $17.09M $2.880M
YoY Change 92.95% 54.43% -45.24%
Gross Profit Margin 11.2% 9.14% 6.26%
Selling, General & Admin $5.800M $21.19M $4.800M
YoY Change 20.83% 10.9% -12.73%
% of Gross Profit 104.37% 123.99% 166.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $300.0K $1.320M $400.0K
YoY Change -25.0% -23.08% -20.0%
% of Gross Profit 5.4% 7.72% 13.89%
Operating Expenses $5.900M $21.19M $4.700M
YoY Change 25.53% 10.9% -12.96%
Operating Profit -$343.0K -$3.857M -$1.820M
YoY Change -81.15% -47.42% 1190.78%
Interest Expense -$100.0K $381.0K $0.00
YoY Change 436.62%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$100.0K -$4.188M -$1.700M
YoY Change -94.12% -42.69%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$200.0K -$10.41M -$2.560M
YoY Change -92.19% -12.22% -5788.89%
Net Earnings / Revenue -0.4% -5.57% -5.56%
Basic Earnings Per Share -$0.02 -$1.24 -$0.30
Diluted Earnings Per Share -$23.81K -$1.238M -$309.5K
COMMON SHARES
Basic Shares Outstanding 8.391M shares 8.391M shares 8.391M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2015 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.000M $5.000M $6.000M
YoY Change -16.67% -16.67% -62.03%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $447.0K $2.200M $542.0K
YoY Change -17.53% -79.44% 54.42%
Inventory $9.119M $9.100M $8.627M
Prepaid Expenses
Receivables $15.29M $15.30M $16.26M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $31.58M $31.60M $41.67M
YoY Change -24.21% -24.22% 0.08%
LONG-TERM ASSETS
Property, Plant & Equipment $11.57M $11.60M $14.04M
YoY Change -17.61% -17.14% -23.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.289M $7.300M $6.550M
YoY Change 11.28% -14.12% 3.69%
Total Long-Term Assets $18.86M $18.80M $24.08M
YoY Change -21.7% -21.99% -8.39%
TOTAL ASSETS
Total Short-Term Assets $31.58M $31.60M $41.67M
Total Long-Term Assets $18.86M $18.80M $24.08M
Total Assets $50.44M $50.40M $65.75M
YoY Change -23.29% -23.4% -3.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.000M $3.000M $3.100M
YoY Change -3.23% -3.23% -16.22%
Accrued Expenses $9.400M $9.400M $8.500M
YoY Change 10.59% 10.59% 2.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.12M $15.10M $18.25M
YoY Change -17.15% -17.03% 28.44%
LONG-TERM LIABILITIES
Long-Term Debt $4.300M $4.300M $6.300M
YoY Change -31.75% -31.75%
Other Long-Term Liabilities $7.600M $7.600M $7.400M
YoY Change 2.7% 2.7% -8.64%
Total Long-Term Liabilities $11.95M $11.90M $13.72M
YoY Change -12.91% -13.14% 70.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.12M $15.10M $18.25M
Total Long-Term Liabilities $11.95M $11.90M $13.72M
Total Liabilities $27.07M $27.10M $13.72M
YoY Change 97.27% -15.31% 70.03%
SHAREHOLDERS EQUITY
Retained Earnings $83.88M $94.29M
YoY Change -11.04% -11.18%
Common Stock $5.240M $5.240M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $65.74M $65.74M
YoY Change 0.0% 0.0%
Treasury Stock Shares 2.826M shares 2.826M shares
Shareholders Equity $23.37M $23.40M $33.79M
YoY Change
Total Liabilities & Shareholders Equity $50.44M $50.40M $65.75M
YoY Change -23.29% -23.4% -3.2%

Cashflow Statement

Concept 2015 Q2 2015 2014 Q2
OPERATING ACTIVITIES
Net Income -$200.0K -$10.41M -$2.560M
YoY Change -92.19% -12.22% -5788.89%
Depreciation, Depletion And Amortization $300.0K $1.320M $400.0K
YoY Change -25.0% -23.08% -20.0%
Cash From Operating Activities $700.0K -$4.335M -$8.500M
YoY Change -108.24% -75.36% 4150.0%
INVESTING ACTIVITIES
Capital Expenditures -$300.0K $473.0K -$200.0K
YoY Change 50.0% -37.18% 100.0%
Acquisitions
YoY Change
Other Investing Activities $1.900M -$125.0K $3.000M
YoY Change -36.67% -43.44% 25.0%
Cash From Investing Activities $1.700M $5.555M $2.900M
YoY Change -41.38% 1.83% 16.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.300M -2.256M 6.300M
YoY Change -136.51% -135.62%
NET CHANGE
Cash From Operating Activities 700.0K -4.335M -8.500M
Cash From Investing Activities 1.700M 5.555M 2.900M
Cash From Financing Activities -2.300M -2.256M 6.300M
Net Change In Cash 100.0K -1.036M 700.0K
YoY Change -85.71% -82.16% -69.57%
FREE CASH FLOW
Cash From Operating Activities $700.0K -$4.335M -$8.500M
Capital Expenditures -$300.0K $473.0K -$200.0K
Free Cash Flow $1.000M -$4.808M -$8.300M
YoY Change -112.05% -73.8% 8200.0%

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1570000
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0.34 pure
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237000
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CY2016 us-gaap Use Of Estimates
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199000

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