2013 Q4 Form 10-K Financial Statement
#000143774915003389 Filed on February 25, 2015
Income Statement
| Concept | 2013 Q4 | 2013 Q3 | 2012 |
|---|---|---|---|
| Revenue | $272.1M | $252.2M | $932.0M |
| YoY Change | 9.02% | 3.84% | 8.08% |
| Cost Of Revenue | $159.8M | $162.7M | $614.8M |
| YoY Change | -2.86% | 1.69% | 11.96% |
| Gross Profit | $91.36M | $83.60M | $317.2M |
| YoY Change | 7.36% | 0.89% | 1.29% |
| Gross Profit Margin | 33.58% | 33.15% | 34.03% |
| Selling, General & Admin | $66.80M | $63.90M | $231.4M |
| YoY Change | 5.7% | 10.15% | 6.58% |
| % of Gross Profit | 73.12% | 76.44% | 72.94% |
| Research & Development | $12.40M | ||
| YoY Change | 11.71% | ||
| % of Gross Profit | 3.91% | ||
| Depreciation & Amortization | $6.100M | $5.600M | $25.88M |
| YoY Change | -8.96% | -13.85% | 3.32% |
| % of Gross Profit | 6.68% | 6.7% | 8.16% |
| Operating Expenses | $66.90M | $63.90M | $243.8M |
| YoY Change | 5.85% | 10.15% | 6.83% |
| Operating Profit | $24.46M | $19.69M | $64.65M |
| YoY Change | 11.7% | -14.73% | -30.57% |
| Interest Expense | -$5.400M | -$6.300M | $25.02M |
| YoY Change | -8.47% | -199.53% | -24.7% |
| % of Operating Profit | -22.08% | -31.99% | 38.71% |
| Other Income/Expense, Net | -$600.0K | -$100.0K | -$1.500M |
| YoY Change | -14.29% | -66.67% | 200.0% |
| Pretax Income | $24.30M | $21.40M | $38.10M |
| YoY Change | 99.18% | 28.68% | 155.5% |
| Income Tax | $8.900M | $6.500M | $6.040M |
| % Of Pretax Income | 36.63% | 30.37% | 15.85% |
| Net Earnings | $8.088M | -$376.0K | $5.943M |
| YoY Change | 9.42% | -93.49% | -28.25% |
| Net Earnings / Revenue | 2.97% | -0.15% | 0.64% |
| Basic Earnings Per Share | $0.12 | -$0.01 | $0.09 |
| Diluted Earnings Per Share | $0.12 | -$0.01 | $0.09 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 65.77M shares | ||
| Diluted Shares Outstanding | 65.90M shares |
Balance Sheet
| Concept | 2013 Q4 | 2013 Q3 | 2012 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $72.90M | $89.40M | $90.50M |
| YoY Change | -19.45% | 142.28% | 78.85% |
| Cash & Equivalents | $72.88M | $89.40M | $90.50M |
| Short-Term Investments | |||
| Other Short-Term Assets | $33.60M | $39.40M | $61.70M |
| YoY Change | -45.54% | 9.44% | -32.12% |
| Inventory | $149.6M | $162.8M | $141.2M |
| Prepaid Expenses | |||
| Receivables | $131.9M | $141.1M | $137.3M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $388.1M | $432.7M | $430.7M |
| YoY Change | -9.88% | 5.67% | 1.87% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $230.8M | $194.5M | $165.7M |
| YoY Change | 39.29% | 12.51% | -6.86% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $99.40M | $114.0M | $117.3M |
| YoY Change | 82.51% | 113.56% | 20.93% |
| Total Long-Term Assets | $408.2M | $385.7M | $358.7M |
| YoY Change | 13.79% | 9.59% | 2.63% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $388.1M | $432.7M | $430.7M |
| Total Long-Term Assets | $408.2M | $385.7M | $358.7M |
| Total Assets | $796.3M | $818.4M | $789.4M |
| YoY Change | 0.88% | 7.48% | 2.21% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $52.50M | $54.20M | $56.30M |
| YoY Change | -6.74% | -0.53% | 7.85% |
| Accrued Expenses | $77.70M | $105.2M | $82.50M |
| YoY Change | -20.25% | 8.53% | -4.95% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $8.100M | $8.100M | |
| YoY Change | |||
| Total Short-Term Liabilities | $130.2M | $167.5M | $157.4M |
| YoY Change | -19.54% | 10.62% | 4.1% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $273.8M | $275.0M | $275.0M |
| YoY Change | -0.44% | -2.86% | -6.62% |
| Other Long-Term Liabilities | $36.50M | $45.00M | $53.90M |
| YoY Change | -26.26% | 25.42% | 45.28% |
| Total Long-Term Liabilities | $310.3M | $320.0M | $328.9M |
| YoY Change | 526.87% | 791.89% | -0.81% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $130.2M | $167.5M | $157.4M |
| Total Long-Term Liabilities | $310.3M | $320.0M | $328.9M |
| Total Liabilities | $455.5M | $495.2M | $493.7M |
| YoY Change | -7.73% | 3.33% | 0.51% |
| 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 | $340.8M | $323.2M | $295.7M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $796.3M | $818.4M | $789.4M |
| YoY Change | 0.88% | 7.48% | 2.21% |
Cashflow Statement
| Concept | 2013 Q4 | 2013 Q3 | 2012 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $8.088M | -$376.0K | $5.943M |
| YoY Change | 9.42% | -93.49% | -28.25% |
| Depreciation, Depletion And Amortization | $6.100M | $5.600M | $25.88M |
| YoY Change | -8.96% | -13.85% | 3.32% |
| Cash From Operating Activities | $39.40M | $36.20M | $46.89M |
| YoY Change | 1213.33% | -4122.22% | -1.04% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$44.00M | -$14.10M | $42.43M |
| YoY Change | 223.53% | 24.78% | 33.78% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $1.200M | $6.700M | $2.629M |
| YoY Change | -87.63% | -6800.0% | -50.66% |
| Cash From Investing Activities | -$42.80M | -$7.400M | $7.835M |
| YoY Change | 970.0% | -35.65% | -121.15% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $1.496M | ||
| YoY Change | -51.79% | ||
| Debt Paid & Issued, Net | $11.48M | ||
| YoY Change | -95.9% | ||
| Cash From Financing Activities | -11.90M | -2.000M | -15.91M |
| YoY Change | 2875.0% | -84.38% | -72.75% |
| NET CHANGE | |||
| Cash From Operating Activities | 39.40M | 36.20M | 46.89M |
| Cash From Investing Activities | -42.80M | -7.400M | 7.835M |
| Cash From Financing Activities | -11.90M | -2.000M | -15.91M |
| Net Change In Cash | -15.30M | 26.80M | 38.82M |
| YoY Change | 992.86% | -206.35% | -180.8% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $39.40M | $36.20M | $46.89M |
| Capital Expenditures | -$44.00M | -$14.10M | $42.43M |
| Free Cash Flow | $83.40M | $50.30M | $4.460M |
| YoY Change | 402.41% | 383.65% | -71.53% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1003903000 | USD |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
959989000 | USD |
| CY2012 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
932020000 | USD |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
227347000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
230845000 | USD |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
126000 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
9.23 | |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
126000 | shares |
| CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
9.23 | |
| CY2013Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
252191000 | USD |
| CY2013Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
272096000 | USD |
| CY2014Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
251689000 | USD |
| CY2013Q3 | us-gaap |
Gross Profit
GrossProfit
|
83595000 | USD |
| CY2013Q4 | us-gaap |
Gross Profit
GrossProfit
|
91361000 | USD |
| CY2014Q4 | us-gaap |
Gross Profit
GrossProfit
|
91871000 | USD |
| CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-376000 | USD |
| CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8088000 | USD |
| CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15336000 | USD |
| CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.23 | |
| CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2013Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.23 |
