2019 Q1 Form 10-Q Financial Statement

#000076889919000075 Filed on April 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2018 Q2
Revenue $552.4M $650.1M $554.4M
YoY Change -2.91% -2.44%
Cost Of Revenue $405.7M $477.7M $411.1M
YoY Change -4.81% -4.13%
Gross Profit $146.7M $172.4M $143.3M
YoY Change 2.79% 2.75%
Gross Profit Margin 26.56% 26.52% 25.84%
Selling, General & Admin $128.0M $145.3M $125.8M
YoY Change 9.53% 3.22%
% of Gross Profit 87.24% 84.25% 87.78%
Research & Development $1.715M
YoY Change
% of Gross Profit 1.2%
Depreciation & Amortization $10.00M $10.20M $10.10M
YoY Change -8.93% -9.82%
% of Gross Profit 6.82% 5.92% 7.05%
Operating Expenses $128.0M $145.3M $127.5M
YoY Change 9.53% 4.62%
Operating Profit $8.763M $16.88M $7.415M
YoY Change -28.59% 15.66%
Interest Expense $722.0K $1.279M $890.0K
YoY Change -20.11% -27.76%
% of Operating Profit 8.24% 7.58% 12.0%
Other Income/Expense, Net $553.0K $848.0K $2.204M
YoY Change -3633.33% 2878.38%
Pretax Income $9.316M $17.73M $9.619M
YoY Change -24.93% 48.33%
Income Tax $1.040M $2.839M $864.0K
% Of Pretax Income 11.16% 16.02% 8.98%
Net Earnings $8.276M $14.89M $8.755M
YoY Change -9.37% 87.31%
Net Earnings / Revenue 1.5% 2.29% 1.58%
Basic Earnings Per Share $0.21 $0.38 $0.22
Diluted Earnings Per Share $0.21 $0.37 $0.22
COMMON SHARES
Basic Shares Outstanding 39.37M shares 40.49M shares 40.44M shares
Diluted Shares Outstanding 39.74M shares 40.69M shares

Balance Sheet

Concept 2019 Q1 2018 Q4 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.30M $47.00M $26.60M
YoY Change 33.9% 1.92%
Cash & Equivalents $26.33M $46.99M $26.64M
Short-Term Investments
Other Short-Term Assets $24.30M $22.10M $22.40M
YoY Change 16.93% 12.0%
Inventory
Prepaid Expenses
Receivables $327.0M $355.4M $322.4M
Other Receivables $8.400M $5.300M $7.400M
Total Short-Term Assets $386.0M $429.8M $378.8M
YoY Change 0.36% 5.97%
LONG-TERM ASSETS
Property, Plant & Equipment $57.90M $57.67M $57.14M
YoY Change -4.14% -10.88%
Goodwill $238.0M $237.3M $224.1M
YoY Change 4.67% -0.82%
Intangibles $86.54M $91.41M $99.37M
YoY Change -12.62% -17.58%
Long-Term Investments
YoY Change
Other Assets $16.25M $13.91M $49.33M
YoY Change 1041.63% 1.65%
Total Long-Term Assets $714.0M $685.0M $675.1M
YoY Change 0.63% -2.62%
TOTAL ASSETS
Total Short-Term Assets $386.0M $429.8M $378.8M
Total Long-Term Assets $714.0M $685.0M $675.1M
Total Assets $1.100B $1.115B $1.054B
YoY Change 0.52% 0.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.40M $69.80M $51.30M
YoY Change 3.56% -0.19%
Accrued Expenses $81.50M $77.10M $66.90M
YoY Change -3.14% 5.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $74.10M $76.40M $75.70M
YoY Change 226.19% 208.27%
Total Short-Term Liabilities $215.3M $225.5M $197.8M
YoY Change 6.17% -17.15%
LONG-TERM LIABILITIES
Long-Term Debt $42.20M $80.00M $69.62M
YoY Change -31.32% 26.26%
Other Long-Term Liabilities $4.469M $6.107M $6.131M
YoY Change -3.14% -73.67%
Total Long-Term Liabilities $46.67M $86.11M $75.75M
YoY Change -29.88% -3.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $215.3M $225.5M $197.8M
Total Long-Term Liabilities $46.67M $86.11M $75.75M
Total Liabilities $501.7M $523.4M $490.0M
YoY Change -5.55% -5.22%
SHAREHOLDERS EQUITY
Retained Earnings $611.6M $606.1M $573.6M
YoY Change 7.91% 5.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $598.3M $591.4M $563.9M
YoY Change
Total Liabilities & Shareholders Equity $1.100B $1.115B $1.054B
YoY Change 0.52% 0.3%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2018 Q2
OPERATING ACTIVITIES
Net Income $8.276M $14.89M $8.755M
YoY Change -9.37% 87.31%
Depreciation, Depletion And Amortization $10.00M $10.20M $10.10M
YoY Change -8.93% -9.82%
Cash From Operating Activities $21.51M $57.10M $44.84M
YoY Change 243.98% -17.15%
INVESTING ACTIVITIES
Capital Expenditures $5.862M -$6.800M $1.911M
YoY Change -5.56% -69.01%
Acquisitions
YoY Change
Other Investing Activities $7.300M $3.600M $11.60M
YoY Change -126.09% -209.43%
Cash From Investing Activities $1.405M -$3.100M $9.707M
YoY Change -85.24% -158.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.303M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$44.23M -37.90M -$48.56M
YoY Change -475.25% -18.86%
NET CHANGE
Cash From Operating Activities $21.51M 57.10M $44.84M
Cash From Investing Activities $1.405M -3.100M $9.707M
Cash From Financing Activities -$44.23M -37.90M -$48.56M
Net Change In Cash -$21.00M 16.10M $5.223M
YoY Change 182.46% -122.92%
FREE CASH FLOW
Cash From Operating Activities $21.51M $57.10M $44.84M
Capital Expenditures $5.862M -$6.800M $1.911M
Free Cash Flow $15.65M $63.90M $42.92M
YoY Change 168.49% -10.48%

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395000 USD
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CY2018Q4 us-gaap Workers Compensation Discount Amount
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187993000 USD

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