2018 Form 10-K Financial Statement
#000120677418001839 Filed on June 08, 2018
Income Statement
| Concept | 2018 | 2017 Q4 | 2017 Q3 |
|---|---|---|---|
| Revenue | $155.1M | $40.48M | $35.93M |
| YoY Change | 7.81% | 7.06% | 4.18% |
| Cost Of Revenue | $117.7M | $30.78M | $27.77M |
| YoY Change | 8.08% | 6.51% | 4.95% |
| Gross Profit | $37.40M | $9.700M | $8.150M |
| YoY Change | 6.86% | 8.74% | 1.49% |
| Gross Profit Margin | 24.11% | 23.96% | 22.68% |
| Selling, General & Admin | $28.40M | $7.050M | $6.700M |
| YoY Change | 5.58% | 7.47% | 3.88% |
| % of Gross Profit | 75.94% | 72.68% | 82.21% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $5.991M | $1.550M | $1.490M |
| YoY Change | -3.06% | -0.64% | -4.49% |
| % of Gross Profit | 16.02% | 15.98% | 18.28% |
| Operating Expenses | $28.40M | $7.050M | $6.700M |
| YoY Change | 5.19% | 7.47% | 3.88% |
| Operating Profit | $9.000M | $2.650M | $1.450M |
| YoY Change | 12.5% | 12.29% | -8.23% |
| Interest Expense | -$1.000M | -$250.0K | -$280.0K |
| YoY Change | 42.86% | 38.89% | 55.56% |
| % of Operating Profit | -11.11% | -9.43% | -19.31% |
| Other Income/Expense, Net | -$100.0K | -$60.00K | $10.00K |
| YoY Change | 0.0% | -200.0% | |
| Pretax Income | $7.900M | $2.340M | $1.190M |
| YoY Change | 9.72% | 7.83% | -14.39% |
| Income Tax | $2.600M | $1.010M | $410.0K |
| % Of Pretax Income | 32.91% | 43.16% | 34.45% |
| Net Earnings | $5.900M | $1.830M | $780.0K |
| YoY Change | 31.11% | 44.09% | -15.22% |
| Net Earnings / Revenue | 3.8% | 4.52% | 2.17% |
| Basic Earnings Per Share | $0.26 | $0.11 | |
| Diluted Earnings Per Share | $808.2K | $0.25 | $0.11 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2018 | 2017 Q4 | 2017 Q3 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $600.0K | $500.0K | $600.0K |
| YoY Change | -25.0% | -16.67% | 0.0% |
| Cash & Equivalents | |||
| Short-Term Investments | |||
| Other Short-Term Assets | $1.200M | $1.000M | $1.200M |
| YoY Change | 0.0% | -16.67% | 0.0% |
| Inventory | $12.70M | $11.10M | $11.50M |
| Prepaid Expenses | |||
| Receivables | $24.70M | $22.70M | $21.10M |
| Other Receivables | $1.300M | $1.500M | $1.600M |
| Total Short-Term Assets | $40.50M | $36.90M | $36.10M |
| YoY Change | 13.76% | 7.58% | 25.35% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $17.10M | $17.50M | $17.40M |
| YoY Change | 9.62% | 13.64% | 18.37% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $1.000M | $1.100M | $1.000M |
| YoY Change | 11.11% | 10.0% | 0.0% |
| Total Long-Term Assets | $56.30M | $57.30M | $58.00M |
| YoY Change | -0.35% | 0.53% | 1.4% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $40.50M | $36.90M | $36.10M |
| Total Long-Term Assets | $56.30M | $57.30M | $58.00M |
| Total Assets | $96.80M | $94.20M | $94.10M |
| YoY Change | 5.1% | 3.18% | 9.42% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $13.50M | $11.50M | $9.900M |
| YoY Change | 16.38% | -3.36% | -4.81% |
| Accrued Expenses | $5.200M | $4.500M | $4.400M |
| YoY Change | -11.86% | -40.79% | -40.54% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $2.100M | $2.100M | $1.400M |
| YoY Change | 50.0% | 50.0% | 0.0% |
| Total Short-Term Liabilities | $21.20M | $18.60M | $16.10M |
| YoY Change | 7.07% | -11.0% | -17.86% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $20.70M | $24.10M | $28.30M |
| YoY Change | -20.08% | -2.82% | 26.34% |
| Other Long-Term Liabilities | $1.900M | $2.000M | $1.900M |
| YoY Change | 0.0% | 5.26% | 0.0% |
| Total Long-Term Liabilities | $22.60M | $26.10M | $30.20M |
| YoY Change | -18.71% | -2.25% | 24.28% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $21.20M | $18.60M | $16.10M |
| Total Long-Term Liabilities | $22.60M | $26.10M | $30.20M |
| Total Liabilities | $45.50M | $45.60M | $47.50M |
| YoY Change | -6.57% | -6.56% | 6.03% |
| 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 | $51.30M | $48.60M | $46.60M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $96.80M | $94.20M | $94.10M |
| YoY Change | 5.1% | 3.18% | 9.42% |
Cashflow Statement
| Concept | 2018 | 2017 Q4 | 2017 Q3 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $5.900M | $1.830M | $780.0K |
| YoY Change | 31.11% | 44.09% | -15.22% |
| Depreciation, Depletion And Amortization | $5.991M | $1.550M | $1.490M |
| YoY Change | -3.06% | -0.64% | -4.49% |
| Cash From Operating Activities | $9.870M | $4.160M | $4.540M |
| YoY Change | 30.9% | -461.74% | -12.02% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$5.880M | -$1.140M | -$1.810M |
| YoY Change | 12.0% | -28.75% | 18.3% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $10.00K | $0.00 | $10.00K |
| YoY Change | -100.14% | -100.0% | -116.67% |
| Cash From Investing Activities | -$5.870M | -$1.130M | -$1.810M |
| YoY Change | -51.77% | -28.48% | 14.56% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -3.980M | -3.400M | -2.110M |
| YoY Change | -183.44% | -238.78% | -45.48% |
| NET CHANGE | |||
| Cash From Operating Activities | 9.870M | 4.160M | 4.540M |
| Cash From Investing Activities | -5.870M | -1.130M | -1.810M |
| Cash From Financing Activities | -3.980M | -3.400M | -2.110M |
| Net Change In Cash | 20.00K | -370.0K | 620.0K |
| YoY Change | -85.71% | 32.14% | -313.79% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $9.870M | $4.160M | $4.540M |
| Capital Expenditures | -$5.880M | -$1.140M | -$1.810M |
| Free Cash Flow | $15.75M | $5.300M | $6.350M |
| YoY Change | 23.14% | 1077.78% | -5.08% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.18 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.13 | |
| CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
| CY2017Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
| CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
| CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | |
| CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.12 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.11 | |
| CY2017Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | ||
| CY2017 | us-gaap |
Revenues
Revenues
|
143898000 | USD |
| CY2018 | us-gaap |
Revenues
Revenues
|
155141000 | USD |
| CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.20 | |
| CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.13 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | ||
| CY2016Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.18 |
