2018 Q2 Form 10-Q Financial Statement

#000161154718000043 Filed on August 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $102.0M $89.50M
YoY Change 13.93% 12.64%
Cost Of Revenue $38.80M $28.20M
YoY Change 37.59% 12.8%
Gross Profit $63.10M $61.30M
YoY Change 2.94% 12.68%
Gross Profit Margin 61.88% 68.49%
Selling, General & Admin $9.500M $8.600M
YoY Change 10.47% 7.5%
% of Gross Profit 15.06% 14.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.60M $23.20M
YoY Change 31.9% 68.12%
% of Gross Profit 48.49% 37.85%
Operating Expenses $78.82M $60.99M
YoY Change 29.24% 30.68%
Operating Profit $23.15M $28.52M
YoY Change -18.8% -13.04%
Interest Expense -$13.60M -$13.30M
YoY Change 2.26% 5.56%
% of Operating Profit -58.74% -46.64%
Other Income/Expense, Net
YoY Change
Pretax Income $59.97M $15.22M
YoY Change 293.89% -57.43%
Income Tax $192.0K $304.0K
% Of Pretax Income 0.32% 2.0%
Net Earnings $53.74M $13.58M
YoY Change 295.62% -59.89%
Net Earnings / Revenue 52.7% 15.18%
Basic Earnings Per Share $0.47 $0.13
Diluted Earnings Per Share $0.47 $0.13
COMMON SHARES
Basic Shares Outstanding 113.7M shares 104.1M shares
Diluted Shares Outstanding 113.9M shares 104.3M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $500.9M $248.4M
YoY Change 101.65% 58.52%
Cash & Equivalents $500.9M $248.4M
Short-Term Investments
Other Short-Term Assets $8.400M $6.900M
YoY Change 21.74% 15.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $593.7M $341.0M
YoY Change 74.11% 36.07%
LONG-TERM ASSETS
Property, Plant & Equipment $2.108B $2.074B
YoY Change 1.62% 31.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $36.10M $37.90M
YoY Change -4.75% 28.47%
Total Long-Term Assets $2.247B $2.223B
YoY Change 1.09% 34.81%
TOTAL ASSETS
Total Short-Term Assets $593.7M $341.0M
Total Long-Term Assets $2.247B $2.223B
Total Assets $2.841B $2.564B
YoY Change 10.8% 34.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $80.80M $63.40M
YoY Change 27.44% 58.9%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $80.80M $63.40M
YoY Change 27.44% 58.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.552B $1.412B
YoY Change 9.87% 17.18%
Other Long-Term Liabilities $183.0M $200.0M
YoY Change -8.5% 23.23%
Total Long-Term Liabilities $1.735B $1.612B
YoY Change 7.59% 17.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.80M $63.40M
Total Long-Term Liabilities $1.735B $1.612B
Total Liabilities $1.819B $1.680B
YoY Change 8.27% 19.03%
SHAREHOLDERS EQUITY
Retained Earnings -$33.31M -$10.48M
YoY Change 217.85% -59.09%
Common Stock $1.140M $1.075M
YoY Change 6.05% 8.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $918.8M $674.5M
YoY Change
Total Liabilities & Shareholders Equity $2.841B $2.564B
YoY Change 10.8% 34.98%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $53.74M $13.58M
YoY Change 295.62% -59.89%
Depreciation, Depletion And Amortization $30.60M $23.20M
YoY Change 31.9% 68.12%
Cash From Operating Activities $42.70M $46.10M
YoY Change -7.38% 34.4%
INVESTING ACTIVITIES
Capital Expenditures -$28.00M -$199.7M
YoY Change -85.98% 1472.44%
Acquisitions
YoY Change
Other Investing Activities $54.30M $4.800M
YoY Change 1031.25% -75.88%
Cash From Investing Activities $26.30M -$194.9M
YoY Change -113.49% -2806.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.60M 288.8M
YoY Change -109.9% -723.76%
NET CHANGE
Cash From Operating Activities 42.70M 46.10M
Cash From Investing Activities 26.30M -194.9M
Cash From Financing Activities -28.60M 288.8M
Net Change In Cash 40.40M 140.0M
YoY Change -71.14% -3016.67%
FREE CASH FLOW
Cash From Operating Activities $42.70M $46.10M
Capital Expenditures -$28.00M -$199.7M
Free Cash Flow $70.70M $245.8M
YoY Change -71.24% 422.98%

Facts In Submission

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us-gaap Weighted Average Number Of Shares Outstanding Basic
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113708000 shares

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