2018 Q4 Form 10-Q Financial Statement

#000161154718000059 Filed on October 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $100.9M $112.2M $94.10M
YoY Change 3.64% 19.25% 17.67%
Cost Of Revenue $34.00M $41.30M $30.20M
YoY Change 1.19% 36.75% 20.32%
Gross Profit $67.00M $70.90M $63.90M
YoY Change 5.18% 10.95% 16.61%
Gross Profit Margin 66.39% 63.18% 67.91%
Selling, General & Admin $11.00M $9.800M $7.500M
YoY Change 15.79% 30.67% 10.29%
% of Gross Profit 16.42% 13.82% 11.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.10M $22.00M $21.20M
YoY Change 19.18% 3.77% 44.22%
% of Gross Profit 38.96% 31.03% 33.18%
Operating Expenses $76.48M $73.02M $60.91M
YoY Change 144.34% 19.87% 30.83%
Operating Profit $24.45M $39.20M $33.19M
YoY Change -20.48% 18.1% -0.67%
Interest Expense -$14.40M -$14.40M -$13.90M
YoY Change 4.35% 3.6% 10.32%
% of Operating Profit -58.91% -36.74% -41.88%
Other Income/Expense, Net
YoY Change
Pretax Income $10.00M $27.01M $19.47M
YoY Change -158.48% 38.72% -6.48%
Income Tax $2.800M $115.0K $318.0K
% Of Pretax Income 28.0% 0.43% 1.63%
Net Earnings $6.513M $24.20M $17.18M
YoY Change -145.62% 40.88% -10.83%
Net Earnings / Revenue 6.45% 21.57% 18.25%
Basic Earnings Per Share $0.06 $0.21 $0.15
Diluted Earnings Per Share $0.06 $0.21 $0.15
COMMON SHARES
Basic Shares Outstanding 114.3M shares 113.9M shares 111.0M shares
Diluted Shares Outstanding 114.2M shares 111.3M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $440.4M $449.3M $380.4M
YoY Change -10.18% 18.11% 154.11%
Cash & Equivalents $440.4M $449.3M $380.4M
Short-Term Investments
Other Short-Term Assets $10.20M $13.40M $13.30M
YoY Change -31.08% 0.75% 23.15%
Inventory $0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $535.5M $547.5M $479.6M
YoY Change -9.38% 14.16% 93.08%
LONG-TERM ASSETS
Property, Plant & Equipment $2.123B $2.119B $2.075B
YoY Change 1.84% 2.14% 31.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $40.60M $39.80M $33.40M
YoY Change 19.06% 19.16% 16.38%
Total Long-Term Assets $2.263B $2.263B $2.227B
YoY Change 1.51% 1.64% 34.3%
TOTAL ASSETS
Total Short-Term Assets $535.5M $547.5M $479.6M
Total Long-Term Assets $2.263B $2.263B $2.227B
Total Assets $2.799B $2.811B $2.707B
YoY Change -0.77% 3.85% 41.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.20M $65.80M
YoY Change 6.69% 38.24%
Accrued Expenses $44.50M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $57.00M $70.20M $65.80M
YoY Change -18.1% 6.69% 38.24%
LONG-TERM LIABILITIES
Long-Term Debt $1.550B $1.551B $1.408B
YoY Change -0.91% 10.15% 17.2%
Other Long-Term Liabilities $180.3M $163.2M $196.7M
YoY Change -6.73% -17.03% 22.86%
Total Long-Term Liabilities $1.731B $1.714B $1.605B
YoY Change -1.55% 6.82% 17.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $57.00M $70.20M $65.80M
Total Long-Term Liabilities $1.731B $1.714B $1.605B
Total Liabilities $1.793B $1.788B $1.674B
YoY Change -2.04% 6.76% 18.52%
SHAREHOLDERS EQUITY
Retained Earnings -$52.86M -$34.22M -$18.32M
YoY Change -8.27% 86.78% -30.08%
Common Stock $1.143M $1.141M $1.138M
YoY Change 0.44% 0.26% 14.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $904.7M $918.9M $927.9M
YoY Change
Total Liabilities & Shareholders Equity $2.799B $2.811B $2.707B
YoY Change -0.77% 3.85% 41.96%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $6.513M $24.20M $17.18M
YoY Change -145.62% 40.88% -10.83%
Depreciation, Depletion And Amortization $26.10M $22.00M $21.20M
YoY Change 19.18% 3.77% 44.22%
Cash From Operating Activities $48.90M $11.40M $31.20M
YoY Change 12.67% -63.46% -4.0%
INVESTING ACTIVITIES
Capital Expenditures -$28.10M -$34.40M -$19.90M
YoY Change -15.87% 72.86% -1.49%
Acquisitions
YoY Change
Other Investing Activities $0.00 $3.600M $200.0K
YoY Change 1700.0%
Cash From Investing Activities -$28.10M -$30.80M -$19.70M
YoY Change -15.87% 56.35% -1.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.00M -29.00M 114.5M
YoY Change -128.4% -125.33% -655.83%
NET CHANGE
Cash From Operating Activities 48.90M 11.40M 31.20M
Cash From Investing Activities -28.10M -30.80M -19.70M
Cash From Financing Activities -29.00M -29.00M 114.5M
Net Change In Cash -8.200M -48.40M 126.0M
YoY Change -107.31% -138.41% -1636.59%
FREE CASH FLOW
Cash From Operating Activities $48.90M $11.40M $31.20M
Capital Expenditures -$28.10M -$34.40M -$19.90M
Free Cash Flow $77.00M $45.80M $51.10M
YoY Change 0.26% -10.37% -3.04%

Facts In Submission

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113769000 shares

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