2013 Q2 Form 10-K Financial Statement
#000031035414000040 Filed on August 28, 2014
Income Statement
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|
| Revenue | $155.4M | $166.0M | $168.6M |
| YoY Change | 6.66% | 10.15% | 8.84% |
| Cost Of Revenue | $105.3M | $113.4M | $112.3M |
| YoY Change | 10.61% | 10.63% | 7.36% |
| Gross Profit | $50.10M | $52.60M | $56.30M |
| YoY Change | -0.99% | 9.13% | 11.93% |
| Gross Profit Margin | 32.24% | 31.69% | 33.39% |
| Selling, General & Admin | $33.50M | $39.80M | $39.00M |
| YoY Change | 1.52% | 7.28% | 10.8% |
| % of Gross Profit | 66.87% | 75.67% | 69.27% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $3.920M | $3.860M | $3.940M |
| YoY Change | 17.37% | 14.88% | 20.86% |
| % of Gross Profit | 7.82% | 7.34% | 7.0% |
| Operating Expenses | $33.40M | $39.70M | $39.10M |
| YoY Change | 1.21% | 7.01% | 11.08% |
| Operating Profit | $16.70M | $12.90M | $17.20M |
| YoY Change | -5.11% | 16.22% | 13.91% |
| Interest Expense | -$600.0K | -$600.0K | -$600.0K |
| YoY Change | -14.29% | 0.0% | 50.0% |
| % of Operating Profit | -3.59% | -4.65% | -3.49% |
| Other Income/Expense, Net | $0.00 | -$200.0K | $200.0K |
| YoY Change | -100.0% | 100.0% | |
| Pretax Income | $15.60M | $10.90M | $15.90M |
| YoY Change | -7.14% | -26.85% | 13.57% |
| Income Tax | $4.200M | $1.200M | $4.800M |
| % Of Pretax Income | 26.92% | 11.01% | 30.19% |
| Net Earnings | $12.50M | $9.600M | $11.00M |
| YoY Change | -10.07% | 5.49% | -368.29% |
| Net Earnings / Revenue | 8.04% | 5.78% | 6.52% |
| Basic Earnings Per Share | $0.98 | $0.75 | $0.84 |
| Diluted Earnings Per Share | $0.97 | $0.74 | $0.83 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 12.55M | 12.58M | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $51.10M | $30.20M | $33.10M |
| YoY Change | -6.58% | -6.21% | 23.97% |
| Cash & Equivalents | $51.06M | $30.20M | $33.10M |
| Short-Term Investments | |||
| Other Short-Term Assets | $27.40M | $21.30M | $21.80M |
| YoY Change | 48.11% | -25.26% | -48.1% |
| Inventory | $81.80M | $94.70M | $96.60M |
| Prepaid Expenses | |||
| Receivables | $98.00M | $99.80M | $90.40M |
| Other Receivables | $0.00 | $4.800M | $2.500M |
| Total Short-Term Assets | $258.3M | $250.7M | $244.4M |
| YoY Change | 3.61% | 10.44% | 2.39% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $92.50M | $96.80M | $96.60M |
| YoY Change | 11.99% | 15.24% | 14.73% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $23.20M | $22.30M | $24.70M |
| YoY Change | -15.64% | -1.33% | 5.56% |
| Total Long-Term Assets | $252.3M | $257.8M | $262.6M |
| YoY Change | 9.46% | 12.87% | 14.72% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $258.3M | $250.7M | $244.4M |
| Total Long-Term Assets | $252.3M | $257.8M | $262.6M |
| Total Assets | $510.6M | $508.5M | $507.0M |
| YoY Change | 6.42% | 11.66% | 8.43% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $67.60M | $56.10M | $57.10M |
| YoY Change | 8.86% | 9.36% | 6.93% |
| Accrued Expenses | $46.50M | $42.50M | $51.80M |
| YoY Change | -9.0% | -1.16% | 16.93% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $300.0K | ||
| YoY Change | -90.91% | ||
| Total Short-Term Liabilities | $118.5M | $100.5M | $111.6M |
| YoY Change | 1.46% | -0.79% | -1.76% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $50.10M | $70.60M | $62.10M |
| YoY Change | 0.2% | 41.2% | 1.8% |
| Other Long-Term Liabilities | $43.20M | $64.40M | $67.50M |
| YoY Change | -34.05% | 38.2% | 39.46% |
| Total Long-Term Liabilities | $93.30M | $135.0M | $129.6M |
| YoY Change | -19.22% | 39.75% | 18.46% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $118.5M | $100.5M | $111.6M |
| Total Long-Term Liabilities | $93.30M | $135.0M | $129.6M |
| Total Liabilities | $219.6M | $235.5M | $241.1M |
| YoY Change | -7.3% | 19.06% | 8.07% |
| 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 | $291.0M | $273.0M | $265.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $510.6M | $508.5M | $507.0M |
| YoY Change | 6.42% | 11.66% | 8.43% |
Cashflow Statement
| Concept | 2013 Q2 | 2013 Q1 | 2012 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $12.50M | $9.600M | $11.00M |
| YoY Change | -10.07% | 5.49% | -368.29% |
| Depreciation, Depletion And Amortization | $3.920M | $3.860M | $3.940M |
| YoY Change | 17.37% | 14.88% | 20.86% |
| Cash From Operating Activities | $43.75M | -$6.810M | $14.97M |
| YoY Change | 89.8% | -148.44% | 24.75% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$1.760M | -$2.670M | -$4.810M |
| YoY Change | 1.73% | -15.24% | 71.79% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $1.480M | -$510.0K | -$970.0K |
| YoY Change | -232.14% | -103.37% | -123.37% |
| Cash From Investing Activities | -$280.0K | -$3.180M | -$5.790M |
| YoY Change | -90.14% | -126.57% | -532.09% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -22.06M | 7.600M | -7.970M |
| YoY Change | -688.27% | -135.71% | -43.95% |
| NET CHANGE | |||
| Cash From Operating Activities | 43.75M | -6.810M | 14.97M |
| Cash From Investing Activities | -280.0K | -3.180M | -5.790M |
| Cash From Financing Activities | -22.06M | 7.600M | -7.970M |
| Net Change In Cash | 21.41M | -2.390M | 1.210M |
| YoY Change | -10.64% | -150.32% | -237.5% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $43.75M | -$6.810M | $14.97M |
| Capital Expenditures | -$1.760M | -$2.670M | -$4.810M |
| Free Cash Flow | $45.51M | -$4.140M | $19.78M |
| YoY Change | 83.66% | -124.06% | 33.65% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
716180000 | USD |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
673390000 | USD |
| CY2012 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
610586000 | USD |
| CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.97 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.05 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.08 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.75 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | |
| CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.96 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.04 | |
| CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.07 | |
| CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.91 | |
| CY2012Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
| CY2013Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.97 |
