2017 Form 10-K Financial Statement
#000114036118009555 Filed on February 22, 2018
Income Statement
| Concept | 2017 | 2016 | 2015 |
|---|---|---|---|
| Revenue | $1.116B | $1.058B | $972.0M |
| YoY Change | 5.45% | 8.9% | -0.86% |
| Cost Of Revenue | $789.5M | $736.0M | $691.0M |
| YoY Change | 7.27% | 6.51% | 0.03% |
| Gross Profit | $326.7M | $322.5M | $281.0M |
| YoY Change | 1.29% | 14.77% | -2.97% |
| Gross Profit Margin | 29.27% | 30.47% | 28.91% |
| Selling, General & Admin | $224.2M | $220.9M | $206.3M |
| YoY Change | 1.51% | 7.08% | 6.61% |
| % of Gross Profit | 68.65% | 68.5% | 73.42% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $23.92M | $20.50M | $17.60M |
| YoY Change | 16.66% | 16.48% | 1.73% |
| % of Gross Profit | 7.32% | 6.36% | 6.26% |
| Operating Expenses | $224.2M | $219.7M | $205.2M |
| YoY Change | 2.07% | 7.07% | 6.6% |
| Operating Profit | $97.52M | $102.8M | $75.80M |
| YoY Change | -5.14% | 35.62% | -21.94% |
| Interest Expense | $2.329M | $400.0K | -$1.100M |
| YoY Change | 482.25% | -136.36% | -70.27% |
| % of Operating Profit | 2.39% | 0.39% | -1.45% |
| Other Income/Expense, Net | $1.250M | $1.337M | -$600.0K |
| YoY Change | -6.51% | -322.83% | -700.0% |
| Pretax Income | $96.44M | $98.60M | $74.10M |
| YoY Change | -2.19% | 33.06% | -9.41% |
| Income Tax | $52.81M | $36.20M | $26.00M |
| % Of Pretax Income | 54.76% | 36.71% | 35.09% |
| Net Earnings | $37.98M | $60.40M | $46.00M |
| YoY Change | -37.13% | 31.3% | 6.98% |
| Net Earnings / Revenue | 3.4% | 5.71% | 4.73% |
| Basic Earnings Per Share | $1.67 | ||
| Diluted Earnings Per Share | $1.64 | $2.615M | $1.991M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 22.73M | ||
| Diluted Shares Outstanding | 23.20M |
Balance Sheet
| Concept | 2017 | 2016 | 2015 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $17.30M | $19.80M | $18.80M |
| YoY Change | -12.63% | 5.32% | 37.23% |
| Cash & Equivalents | $17.30M | $19.80M | $18.80M |
| Short-Term Investments | |||
| Other Short-Term Assets | $12.30M | $7.300M | $51.30M |
| YoY Change | 68.49% | -85.77% | 7.55% |
| Inventory | $326.4M | $312.5M | $285.8M |
| Prepaid Expenses | |||
| Receivables | $140.1M | $134.6M | $123.9M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $496.1M | $474.2M | $479.7M |
| YoY Change | 4.62% | -1.15% | 2.94% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $89.30M | $78.70M | $69.00M |
| YoY Change | 13.47% | 14.06% | 6.48% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $31.20M | $20.60M | |
| YoY Change | 3.0% | ||
| Other Assets | $47.50M | $84.70M | $23.30M |
| YoY Change | -43.92% | 263.52% | -13.7% |
| Total Long-Term Assets | $291.5M | $294.5M | $201.4M |
| YoY Change | -1.02% | 46.23% | -2.99% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $496.1M | $474.2M | $479.7M |
| Total Long-Term Assets | $291.5M | $294.5M | $201.4M |
| Total Assets | $787.6M | $768.7M | $681.1M |
| YoY Change | 2.46% | 12.86% | 1.11% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $78.00M | $83.90M | $72.70M |
| YoY Change | -7.03% | 15.41% | 2.83% |
| Accrued Expenses | $94.30M | $100.0M | $83.10M |
| YoY Change | -5.7% | 20.34% | 12.3% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $57.00M | $54.80M | $47.40M |
| YoY Change | 4.01% | 15.61% | -16.25% |
| Long-Term Debt Due | $4.700M | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Total Short-Term Liabilities | $285.9M | $283.8M | $243.9M |
| YoY Change | 0.74% | 16.36% | -2.75% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $100.0K | $100.0K | $100.0K |
| YoY Change | 0.0% | 0.0% | 0.0% |
| Other Long-Term Liabilities | $47.90M | $43.70M | $45.10M |
| YoY Change | 9.61% | -3.1% | -7.01% |
| Total Long-Term Liabilities | $48.00M | $43.80M | $45.20M |
| YoY Change | 9.59% | -3.1% | -7.0% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $285.9M | $283.8M | $243.9M |
| Total Long-Term Liabilities | $48.00M | $43.80M | $45.20M |
| Total Liabilities | $333.9M | $327.7M | $289.1M |
| YoY Change | 1.89% | 13.35% | -3.44% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $453.7M | $441.0M | $392.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $787.6M | $768.7M | $681.1M |
| YoY Change | 2.46% | 12.86% | 1.11% |
Cashflow Statement
| Concept | 2017 | 2016 | 2015 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $37.98M | $60.40M | $46.00M |
| YoY Change | -37.13% | 31.3% | 6.98% |
| Depreciation, Depletion And Amortization | $23.92M | $20.50M | $17.60M |
| YoY Change | 16.66% | 16.48% | 1.73% |
| Cash From Operating Activities | $64.62M | $97.80M | $65.20M |
| YoY Change | -33.93% | 50.0% | 38.72% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $24.44M | -$20.90M | -$18.00M |
| YoY Change | -216.95% | 16.11% | 29.5% |
| Acquisitions | $6.808M | ||
| YoY Change | |||
| Other Investing Activities | -$22.00K | -$67.10M | $0.00 |
| YoY Change | -99.97% | -100.0% | |
| Cash From Investing Activities | -$31.23M | -$88.00M | -$18.00M |
| YoY Change | -64.51% | 388.89% | -64.84% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $24.38M | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -35.90M | -7.800M | -41.20M |
| YoY Change | 360.26% | -81.07% | -369.28% |
| NET CHANGE | |||
| Cash From Operating Activities | 64.62M | 97.80M | 65.20M |
| Cash From Investing Activities | -31.23M | -88.00M | -18.00M |
| Cash From Financing Activities | -35.90M | -7.800M | -41.20M |
| Net Change In Cash | 33.39M | 2.000M | 6.000M |
| YoY Change | 1569.45% | -66.67% | -45.95% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $64.62M | $97.80M | $65.20M |
| Capital Expenditures | $24.44M | -$20.90M | -$18.00M |
| Free Cash Flow | $40.18M | $118.7M | $83.20M |
| YoY Change | -66.15% | 42.67% | 36.62% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q4 | smp |
Accrued Customer Returns
AccruedCustomerReturns
|
35916000 | |
| CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
35830000 | |
| CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
43853000 | |
| CY2015 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
976000 | |
| CY2016 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2029000 | |
| CY2017 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-602000 | |
| CY2016 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1058482000 | |
| CY2015 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
971975000 | |
| CY2017 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1116143000 | |
| CY2017Q4 | smp |
Other Debt
OtherDebt
|
4778000 | |
| CY2016Q4 | smp |
Other Debt
OtherDebt
|
163000 | |
| CY2016 | smp |
Reclassification To Ongoing Accrued Liabilities
ReclassificationToOngoingAccruedLiabilities
|
696000 |
