2013 Q3 Form 10-Q Financial Statement

#000144530513002839 Filed on November 07, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2012 Q3
Revenue $309.0M $270.7M
YoY Change 14.15% 9.21%
Cost Of Revenue $262.2M $235.7M
YoY Change 11.26% 13.17%
Gross Profit $46.79M $35.02M
YoY Change 33.63% -11.64%
Gross Profit Margin 15.14% 12.93%
Selling, General & Admin $14.51M $15.11M
YoY Change -3.96% 22.98%
% of Gross Profit 31.02% 43.16%
Research & Development $20.24M $18.22M
YoY Change 11.06% 31.81%
% of Gross Profit 43.25% 52.04%
Depreciation & Amortization $1.393M $1.955M
YoY Change -28.75% 27.36%
% of Gross Profit 2.98% 5.58%
Operating Expenses $34.75M $33.33M
YoY Change 4.25% 27.65%
Operating Profit $12.04M $1.682M
YoY Change 615.99% -87.55%
Interest Expense $195.0K $155.0K
YoY Change 25.81% -20.1%
% of Operating Profit 1.62% 9.22%
Other Income/Expense, Net $17.00K $15.00K
YoY Change 13.33% -11.76%
Pretax Income $11.87M $1.542M
YoY Change 669.46% -88.44%
Income Tax $4.166M $643.0K
% Of Pretax Income 35.11% 41.7%
Net Earnings $7.699M $899.0K
YoY Change 756.4% -89.41%
Net Earnings / Revenue 2.49% 0.33%
Basic Earnings Per Share $0.18 $0.02
Diluted Earnings Per Share $0.17 $0.02
COMMON SHARES
Basic Shares Outstanding 42.50M shares 41.67M shares
Diluted Shares Outstanding 44.60M shares 44.17M shares

Balance Sheet

Concept 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $111.5M $58.30M
YoY Change 91.25% -36.84%
Cash & Equivalents $111.5M $58.32M
Short-Term Investments
Other Short-Term Assets $19.90M $19.90M
YoY Change 0.0% 26.75%
Inventory $254.3M $263.2M
Prepaid Expenses
Receivables $134.1M $112.8M
Other Receivables $4.400M $3.900M
Total Short-Term Assets $524.2M $458.1M
YoY Change 14.45% 17.78%
LONG-TERM ASSETS
Property, Plant & Equipment $96.77M $97.12M
YoY Change -0.36% 19.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.400M $2.900M
YoY Change 17.24% -21.62%
Other Assets $4.185M $3.078M
YoY Change 35.96% -78.63%
Total Long-Term Assets $111.6M $108.5M
YoY Change 2.84% 9.26%
TOTAL ASSETS
Total Short-Term Assets $524.2M $458.1M
Total Long-Term Assets $111.6M $108.5M
Total Assets $635.8M $566.5M
YoY Change 12.22% 16.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $165.7M $140.1M
YoY Change 18.26% 13.34%
Accrued Expenses $31.65M $31.29M
YoY Change 1.15% 24.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $11.30M
YoY Change -100.0%
Long-Term Debt Due $13.70M $18.12M
YoY Change -24.41% 2920.67%
Total Short-Term Liabilities $218.3M $204.4M
YoY Change 6.78% 36.02%
LONG-TERM LIABILITIES
Long-Term Debt $21.05M $8.633M
YoY Change 143.83% -71.22%
Other Long-Term Liabilities $10.50M $11.01M
YoY Change -4.58% 18.34%
Total Long-Term Liabilities $31.55M $19.64M
YoY Change 60.66% -50.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $218.3M $204.4M
Total Long-Term Liabilities $31.55M $19.64M
Total Liabilities $249.8M $224.1M
YoY Change 11.5% 18.18%
SHAREHOLDERS EQUITY
Retained Earnings $225.6M $197.6M
YoY Change 14.21%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.030M $2.030M
YoY Change 0.0%
Treasury Stock Shares 445.0K shares 445.0K shares
Shareholders Equity $385.8M $342.3M
YoY Change
Total Liabilities & Shareholders Equity $635.8M $566.5M
YoY Change 12.22% 16.05%

Cashflow Statement

Concept 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $7.699M $899.0K
YoY Change 756.4% -89.41%
Depreciation, Depletion And Amortization $1.393M $1.955M
YoY Change -28.75% 27.36%
Cash From Operating Activities $18.31M -$26.55M
YoY Change -168.94% -205.64%
INVESTING ACTIVITIES
Capital Expenditures $1.948M $919.0K
YoY Change 111.97% -88.58%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$1.962M -$920.0K
YoY Change 113.26% -85.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.797M $4.749M
YoY Change -62.16% 30.68%
NET CHANGE
Cash From Operating Activities $18.31M -$26.55M
Cash From Investing Activities -$1.962M -$920.0K
Cash From Financing Activities $1.797M $4.749M
Net Change In Cash $18.14M -$22.73M
YoY Change -179.83% -201.37%
FREE CASH FLOW
Cash From Operating Activities $18.31M -$26.55M
Capital Expenditures $1.948M $919.0K
Free Cash Flow $16.36M -$27.47M
YoY Change -159.55% -260.74%

Facts In Submission

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CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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