2014 Q2 Form 10-K Financial Statement
#000031035415000025 Filed on August 27, 2015
Income Statement
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
|---|---|---|---|
| Revenue | $181.6M | $174.2M | $166.5M |
| YoY Change | 16.86% | 4.94% | -1.25% |
| Cost Of Revenue | $118.6M | $116.6M | $110.6M |
| YoY Change | 12.63% | 2.82% | -1.51% |
| Gross Profit | $63.00M | $57.60M | $55.90M |
| YoY Change | 25.75% | 9.51% | -0.71% |
| Gross Profit Margin | 34.69% | 33.07% | 33.57% |
| Selling, General & Admin | $37.80M | $41.70M | $42.10M |
| YoY Change | 12.84% | 4.77% | 7.95% |
| % of Gross Profit | 60.0% | 72.4% | 75.31% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $3.560M | $3.640M | $3.620M |
| YoY Change | -9.18% | -5.7% | -8.12% |
| % of Gross Profit | 5.65% | 6.32% | 6.48% |
| Operating Expenses | $36.30M | $41.70M | $40.20M |
| YoY Change | 8.68% | 5.04% | 2.81% |
| Operating Profit | $26.70M | $15.90M | $15.70M |
| YoY Change | 59.88% | 23.26% | -8.72% |
| Interest Expense | -$500.0K | -$600.0K | -$600.0K |
| YoY Change | -16.67% | 0.0% | 0.0% |
| % of Operating Profit | -1.87% | -3.77% | -3.82% |
| Other Income/Expense, Net | $200.0K | $3.500M | $100.0K |
| YoY Change | -1850.0% | -50.0% | |
| Pretax Income | $22.10M | $17.30M | $14.60M |
| YoY Change | 41.67% | 58.72% | -8.18% |
| Income Tax | $6.300M | $4.100M | $4.100M |
| % Of Pretax Income | 28.51% | 23.7% | 28.08% |
| Net Earnings | $10.05M | $13.20M | $10.50M |
| YoY Change | -19.62% | 37.5% | -4.55% |
| Net Earnings / Revenue | 5.53% | 7.58% | 6.31% |
| Basic Earnings Per Share | $1.08 | $1.05 | $0.84 |
| Diluted Earnings Per Share | $1.07 | $1.04 | $0.83 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $74.30M | $57.50M | $48.10M |
| YoY Change | 45.4% | 90.4% | 45.32% |
| Cash & Equivalents | $74.26M | $57.50M | $48.10M |
| Short-Term Investments | |||
| Other Short-Term Assets | $20.00M | $23.40M | $25.20M |
| YoY Change | -27.01% | 9.86% | 15.6% |
| Inventory | $97.10M | $96.00M | $97.10M |
| Prepaid Expenses | |||
| Receivables | $107.7M | $100.8M | $90.00M |
| Other Receivables | $900.0K | $3.000M | $4.700M |
| Total Short-Term Assets | $299.9M | $280.7M | $265.0M |
| YoY Change | 16.11% | 11.97% | 8.43% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $96.70M | $98.70M | $93.90M |
| YoY Change | 4.54% | 1.96% | -2.8% |
| Goodwill | $126.0M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $24.10M | $23.60M | $21.70M |
| YoY Change | 3.88% | 5.83% | -12.15% |
| Total Long-Term Assets | $278.3M | $260.6M | $254.9M |
| YoY Change | 10.31% | 1.09% | -2.93% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $299.9M | $280.7M | $265.0M |
| Total Long-Term Assets | $278.3M | $260.6M | $254.9M |
| Total Assets | $578.2M | $541.3M | $519.9M |
| YoY Change | 13.24% | 6.45% | 2.54% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $85.20M | $65.80M | $56.70M |
| YoY Change | 26.04% | 17.29% | -0.7% |
| Accrued Expenses | $51.00M | $43.80M | $45.50M |
| YoY Change | 9.68% | 3.06% | -12.16% |
| 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 | $141.2M | $118.6M | $111.6M |
| YoY Change | 19.16% | 18.01% | 0.0% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $45.10M | $45.10M | $46.10M |
| YoY Change | -9.98% | -36.12% | -25.76% |
| Other Long-Term Liabilities | $40.40M | $48.60M | $47.90M |
| YoY Change | -6.48% | -24.53% | -29.04% |
| Total Long-Term Liabilities | $85.50M | $93.70M | $94.00M |
| YoY Change | -8.36% | -30.59% | -27.47% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $141.2M | $118.6M | $111.6M |
| Total Long-Term Liabilities | $85.50M | $93.70M | $94.00M |
| Total Liabilities | $237.4M | $212.2M | $205.6M |
| YoY Change | 8.11% | -9.89% | -14.72% |
| 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 | $340.7M | $329.1M | $314.3M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $578.2M | $541.3M | $519.9M |
| YoY Change | 13.24% | 6.45% | 2.54% |
Cashflow Statement
| Concept | 2014 Q2 | 2014 Q1 | 2013 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $10.05M | $13.20M | $10.50M |
| YoY Change | -19.62% | 37.5% | -4.55% |
| Depreciation, Depletion And Amortization | $3.560M | $3.640M | $3.620M |
| YoY Change | -9.18% | -5.7% | -8.12% |
| Cash From Operating Activities | $36.45M | $16.45M | $16.46M |
| YoY Change | -16.69% | -341.56% | 9.95% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$3.130M | -$4.820M | -$6.630M |
| YoY Change | 77.84% | 80.52% | 37.84% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$14.36M | $600.0K | -$580.0K |
| YoY Change | -1070.27% | -217.65% | -40.21% |
| Cash From Investing Activities | -$17.49M | -$4.220M | -$7.210M |
| YoY Change | 6146.43% | 32.7% | 24.53% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -2.610M | -2.420M | -7.300M |
| YoY Change | -88.17% | -131.84% | -8.41% |
| NET CHANGE | |||
| Cash From Operating Activities | 36.45M | 16.45M | 16.46M |
| Cash From Investing Activities | -17.49M | -4.220M | -7.210M |
| Cash From Financing Activities | -2.610M | -2.420M | -7.300M |
| Net Change In Cash | 16.35M | 9.810M | 1.950M |
| YoY Change | -23.63% | -510.46% | 61.16% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $36.45M | $16.45M | $16.46M |
| Capital Expenditures | -$3.130M | -$4.820M | -$6.630M |
| Free Cash Flow | $39.58M | $21.27M | $23.09M |
| YoY Change | -13.03% | -613.77% | 16.73% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10047000 | USD |
| CY2015 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
772142000 | USD |
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
716180000 | USD |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
673390000 | USD |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.18 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.89 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.01 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.29 | |
| 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 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.16 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.88 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.00 | |
| CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.27 | |
| 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 |
