2017 Q3 Form 10-Q Financial Statement

#000156459017019667 Filed on October 20, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $45.14M $33.47M
YoY Change 34.85% 32.28%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $2.145M
YoY Change
% of Gross Profit
Depreciation & Amortization $1.900M $1.700M
YoY Change 11.76% 6.25%
% of Gross Profit
Operating Expenses $2.145M
YoY Change
Operating Profit
YoY Change
Interest Expense $5.625M $3.053M
YoY Change 84.25% 47.35%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $14.89M $7.906M
YoY Change 88.29% -10.35%
Income Tax $5.104M $3.099M
% Of Pretax Income 34.29% 39.2%
Net Earnings $9.782M $4.807M
YoY Change 103.49% -18.91%
Net Earnings / Revenue 21.67% 14.36%
Basic Earnings Per Share $0.48 $0.25
Diluted Earnings Per Share $0.47 $0.25
COMMON SHARES
Basic Shares Outstanding 19.81M 17.86M
Diluted Shares Outstanding 20.65M 18.10M

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $80.56M $104.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $43.70M $45.05M
YoY Change -3.0% 106.65%
Goodwill $28.60M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.10M $20.00M
YoY Change -29.5% 26.58%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.906B $2.576B
YoY Change 12.84% 62.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $19.90M $15.30M
YoY Change 30.07% -1.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.90M $15.30M
YoY Change 30.07% -1.92%
LONG-TERM LIABILITIES
Long-Term Debt $81.90M $81.30M
YoY Change 0.74% 230.49%
Other Long-Term Liabilities $20.80M $13.60M
YoY Change 52.94% -16.56%
Total Long-Term Liabilities $102.7M $94.90M
YoY Change 8.22% 132.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.90M $15.30M
Total Long-Term Liabilities $102.7M $94.90M
Total Liabilities $2.520B $2.291B
YoY Change 10.0% 73.89%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $91.17K $46.85K
Shareholders Equity $386.1M $284.5M
YoY Change
Total Liabilities & Shareholders Equity $2.906B $2.576B
YoY Change 12.84% 62.85%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $9.782M $4.807M
YoY Change 103.49% -18.91%
Depreciation, Depletion And Amortization $1.900M $1.700M
YoY Change 11.76% 6.25%
Cash From Operating Activities $12.60M $8.500M
YoY Change 48.24% 8.97%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$2.200M
YoY Change -68.18% 214.29%
Acquisitions
YoY Change
Other Investing Activities -$104.4M -$74.90M
YoY Change 39.39% 61.77%
Cash From Investing Activities -$105.1M -$77.10M
YoY Change 36.32% 64.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $65.51M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 55.60M 111.6M
YoY Change -50.18% 101.81%
NET CHANGE
Cash From Operating Activities 12.60M 8.500M
Cash From Investing Activities -105.1M -77.10M
Cash From Financing Activities 55.60M 111.6M
Net Change In Cash -36.90M 43.00M
YoY Change -185.81% 165.43%
FREE CASH FLOW
Cash From Operating Activities $12.60M $8.500M
Capital Expenditures -$700.0K -$2.200M
Free Cash Flow $13.30M $10.70M
YoY Change 24.3% 25.88%

Facts In Submission

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us-gaap Goodwill Acquired During Period
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tbk Finite Lived Intangible Assets Written Off Related To Sale Of Business Unit
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0
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340362000
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97186000
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103022000
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189177000
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CY2017Q3 us-gaap Time Deposit Maturities Rolling Year Two
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TimeDeposits
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CY2017Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
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CY2016Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
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CY2017Q3 us-gaap Liabilities Fair Value Disclosure Recurring
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0
CY2016Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
0
CY2017Q3 us-gaap Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
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CY2016Q4 us-gaap Liabilities Fair Value Disclosure Nonrecurring
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0
CY2017Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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80557000
CY2017Q3 tbk Accrued Interest Payable Fair Value Disclosure
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3815000
CY2016Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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114514000
CY2016Q4 us-gaap Loans Receivable Fair Value Disclosure
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2002487000
CY2016Q4 tbk Accrued Interest Receivable Fair Value Disclosure
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12663000
CY2016Q4 us-gaap Deposits Fair Value Disclosure
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2014922000
CY2016Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
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10490000
CY2016Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
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230000000
CY2016Q4 tbk Subordinated Debt Fair Value Disclosure
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32905000
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2682000
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0.00625
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0.00625
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0.025
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0.0125
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91168
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0.01
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2530000
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2022-12-12
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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195000
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580000
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4506000
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29915000
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13749000
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18101676
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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19488425
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18041897
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15798000

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