2014 Q4 Form 10-K Financial Statement
#000143774916026549 Filed on March 02, 2016
Income Statement
| Concept | 2014 Q4 | 2014 Q3 | 2013 |
|---|---|---|---|
| Revenue | $272.1M | $252.2M | $960.0M |
| YoY Change | 0.0% | 0.0% | 3.0% |
| Cost Of Revenue | $180.7M | $168.6M | $618.9M |
| YoY Change | 13.08% | 3.62% | 0.66% |
| Gross Profit | $91.36M | $83.60M | $341.1M |
| YoY Change | 0.0% | 0.0% | 7.54% |
| Gross Profit Margin | 33.58% | 33.15% | 35.53% |
| Selling, General & Admin | $64.70M | $63.96M | $239.8M |
| YoY Change | -3.14% | 0.09% | 3.65% |
| % of Gross Profit | 70.82% | 76.51% | 70.3% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $10.60M | $6.800M | $24.70M |
| YoY Change | 73.77% | 21.43% | -4.57% |
| % of Gross Profit | 11.6% | 8.13% | 7.24% |
| Operating Expenses | $64.70M | $63.96M | $252.4M |
| YoY Change | -3.29% | 0.09% | 3.55% |
| Operating Profit | $26.66M | $7.251M | $88.70M |
| YoY Change | 8.99% | -63.18% | 37.2% |
| Interest Expense | -$4.300M | $5.614M | -$23.80M |
| YoY Change | -20.37% | -189.11% | -195.11% |
| % of Operating Profit | -16.13% | 77.42% | -26.83% |
| Other Income/Expense, Net | -$1.000M | -$900.0K | -$1.100M |
| YoY Change | 66.67% | 800.0% | -26.67% |
| Pretax Income | $9.400M | $706.0K | $69.00M |
| YoY Change | -61.32% | -96.7% | 81.09% |
| Income Tax | $1.300M | $1.082M | $20.70M |
| % Of Pretax Income | 13.83% | 153.26% | 30.0% |
| Net Earnings | $8.088M | -$376.0K | $48.30M |
| YoY Change | 0.0% | 0.0% | 712.72% |
| Net Earnings / Revenue | 2.97% | -0.15% | 5.03% |
| Basic Earnings Per Share | $0.12 | -$0.01 | |
| Diluted Earnings Per Share | $0.12 | -$0.01 | $728.5K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 66.47M | ||
| Diluted Shares Outstanding | 66.47M |
Balance Sheet
| Concept | 2014 Q4 | 2014 Q3 | 2013 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $54.90M | $68.50M | $72.90M |
| YoY Change | -24.69% | -23.38% | -19.45% |
| Cash & Equivalents | $54.90M | $68.46M | $72.90M |
| Short-Term Investments | |||
| Other Short-Term Assets | $30.50M | $33.40M | $33.60M |
| YoY Change | -9.23% | -15.23% | -45.54% |
| Inventory | $142.2M | $162.0M | $149.6M |
| Prepaid Expenses | |||
| Receivables | $157.1M | $140.2M | $131.9M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $384.7M | $404.0M | $388.1M |
| YoY Change | -0.88% | -6.63% | -9.89% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $236.4M | $230.8M | |
| YoY Change | 21.54% | 39.29% | |
| Goodwill | $70.51M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $59.25M | $95.50M | $99.40M |
| YoY Change | -40.39% | -16.23% | -15.26% |
| Total Long-Term Assets | -$384.7M | $405.3M | $408.2M |
| YoY Change | -194.24% | 5.08% | 13.8% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $384.7M | $404.0M | $388.1M |
| Total Long-Term Assets | -$384.7M | $405.3M | $408.2M |
| Total Assets | $809.3M | $796.3M | |
| YoY Change | -1.11% | 0.87% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $49.46M | $52.20M | $52.50M |
| YoY Change | -5.78% | -3.69% | -6.75% |
| Accrued Expenses | $94.32M | $92.10M | $77.70M |
| YoY Change | 21.39% | -12.45% | -5.82% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | ||
| YoY Change | |||
| Total Short-Term Liabilities | $143.8M | $144.3M | $130.2M |
| YoY Change | 10.44% | -13.85% | -17.28% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $263.3M | $275.5M | $273.8M |
| YoY Change | -3.82% | 0.18% | -0.44% |
| Other Long-Term Liabilities | $50.15M | $32.90M | $36.50M |
| YoY Change | 37.39% | -26.89% | -32.28% |
| Total Long-Term Liabilities | $313.5M | $308.4M | $310.3M |
| YoY Change | 1.03% | -3.63% | -5.66% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $143.8M | $144.3M | $130.2M |
| Total Long-Term Liabilities | $313.5M | $308.4M | $310.3M |
| Total Liabilities | $468.3M | $468.6M | $455.5M |
| YoY Change | 2.8% | -5.37% | -7.74% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $39.74M | ||
| YoY Change | |||
| Common Stock | $375.2M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $306.6M | $340.7M | $340.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $774.9M | $809.3M | $796.3M |
| YoY Change | -2.69% | -1.11% | 0.87% |
Cashflow Statement
| Concept | 2014 Q4 | 2014 Q3 | 2013 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $8.088M | -$376.0K | $48.30M |
| YoY Change | 0.0% | 0.0% | 712.72% |
| Depreciation, Depletion And Amortization | $10.60M | $6.800M | $24.70M |
| YoY Change | 73.77% | 21.43% | -4.57% |
| Cash From Operating Activities | $11.50M | $34.10M | $66.60M |
| YoY Change | -70.81% | -5.8% | 42.04% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$6.800M | -$10.10M | -$91.90M |
| YoY Change | -84.55% | -28.37% | -316.6% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $4.400M | -$300.0K | $26.10M |
| YoY Change | 266.67% | -104.48% | 892.77% |
| Cash From Investing Activities | -$2.400M | -$10.40M | -$65.80M |
| YoY Change | -94.39% | 40.54% | -939.82% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -21.50M | -4.500M | -16.00M |
| YoY Change | 80.67% | 125.0% | 0.59% |
| NET CHANGE | |||
| Cash From Operating Activities | 11.50M | 34.10M | 66.60M |
| Cash From Investing Activities | -2.400M | -10.40M | -65.80M |
| Cash From Financing Activities | -21.50M | -4.500M | -16.00M |
| Net Change In Cash | -12.40M | 19.20M | -15.20M |
| YoY Change | -18.95% | -28.36% | -139.16% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $11.50M | $34.10M | $66.60M |
| Capital Expenditures | -$6.800M | -$10.10M | -$91.90M |
| Free Cash Flow | $18.30M | $44.20M | $158.5M |
| YoY Change | -78.06% | -12.13% | 3453.81% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1001863000 | USD |
| CY2014 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1003903000 | USD |
| CY2013 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
959989000 | USD |
| CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
211489000 | USD |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
227347000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
87500 | shares |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
8.75 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
87500 | shares |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
8.75 | |
| CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
246636000 | USD |
| CY2014Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
252191000 | USD |
| CY2014Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
272096000 | USD |
| CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
98239000 | USD |
| CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
83595000 | USD |
| CY2014Q4 | us-gaap |
Gross Profit
GrossProfit
|
91361000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18247000 | USD |
| CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-376000 | USD |
| CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8088000 | USD |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.28 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.28 | |
| CY2014Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
| CY2014Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 |
