2012 Q1 Form 10-Q Financial Statement
#000110465912035792 Filed on May 10, 2012
Income Statement
| Concept | 2012 Q1 | 2011 Q1 |
|---|---|---|
| Revenue | $31.95M | $31.50M |
| YoY Change | 1.42% | 9.77% |
| Cost Of Revenue | $22.75M | $22.70M |
| YoY Change | 0.22% | 6.88% |
| Gross Profit | $9.201M | $8.802M |
| YoY Change | 4.54% | 17.98% |
| Gross Profit Margin | 28.8% | 27.94% |
| Selling, General & Admin | $5.519M | $5.726M |
| YoY Change | -3.62% | 14.28% |
| % of Gross Profit | 59.98% | 65.05% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $681.4K | $692.4K |
| YoY Change | -1.59% | -14.51% |
| % of Gross Profit | 7.41% | 7.87% |
| Operating Expenses | $5.519M | $5.726M |
| YoY Change | -3.62% | 14.05% |
| Operating Profit | $3.688M | $3.910M |
| YoY Change | -5.67% | 60.24% |
| Interest Expense | -$20.00K | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | -0.54% | 0.0% |
| Other Income/Expense, Net | -$2.058K | $0.00 |
| YoY Change | ||
| Pretax Income | $3.671M | $3.912M |
| YoY Change | -6.17% | 62.33% |
| Income Tax | $1.322M | $1.279M |
| % Of Pretax Income | 36.01% | 32.69% |
| Net Earnings | $2.349M | $2.633M |
| YoY Change | -10.8% | 74.38% |
| Net Earnings / Revenue | 7.35% | 8.36% |
| Basic Earnings Per Share | $0.36 | $0.34 |
| Diluted Earnings Per Share | $0.33 | $0.32 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 6.588M shares | |
| Diluted Shares Outstanding | 7.030M shares | 6.969M shares |
Balance Sheet
| Concept | 2012 Q1 | 2011 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $27.60M | $25.20M |
| YoY Change | 9.52% | 47.37% |
| Cash & Equivalents | $27.62M | $25.20M |
| Short-Term Investments | ||
| Other Short-Term Assets | $2.200M | $2.200M |
| YoY Change | 0.0% | -4.35% |
| Inventory | $10.10M | $9.100M |
| Prepaid Expenses | ||
| Receivables | $16.40M | $15.90M |
| Other Receivables | $400.0K | $1.100M |
| Total Short-Term Assets | $56.63M | $53.60M |
| YoY Change | 5.65% | 33.33% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $15.00M | $11.80M |
| YoY Change | 27.12% | 0.85% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.900M | $2.000M |
| YoY Change | -5.0% | -4.76% |
| Total Long-Term Assets | $23.72M | $20.30M |
| YoY Change | 16.84% | 0.5% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $56.63M | $53.60M |
| Total Long-Term Assets | $23.72M | $20.30M |
| Total Assets | $80.35M | $73.90M |
| YoY Change | 8.72% | 22.35% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $4.000M | $5.700M |
| YoY Change | -29.82% | 16.33% |
| Accrued Expenses | $4.400M | $5.800M |
| YoY Change | -24.14% | 23.4% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $600.0K | $600.0K |
| YoY Change | 0.0% | 0.0% |
| Total Short-Term Liabilities | $8.980M | $12.10M |
| YoY Change | -25.79% | 18.63% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.500M | $6.700M |
| YoY Change | -17.91% | -8.22% |
| Other Long-Term Liabilities | $1.500M | $1.400M |
| YoY Change | 7.14% | 7.69% |
| Total Long-Term Liabilities | $7.000M | $8.100M |
| YoY Change | -13.58% | -5.81% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $8.980M | $12.10M |
| Total Long-Term Liabilities | $7.000M | $8.100M |
| Total Liabilities | $17.20M | $22.00M |
| YoY Change | -21.8% | 10.55% |
| 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 | $63.10M | $51.90M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $80.30M | $73.90M |
| YoY Change | 8.66% | 22.35% |
Cashflow Statement
| Concept | 2012 Q1 | 2011 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.349M | $2.633M |
| YoY Change | -10.8% | 74.38% |
| Depreciation, Depletion And Amortization | $681.4K | $692.4K |
| YoY Change | -1.59% | -14.51% |
| Cash From Operating Activities | $1.660M | $630.0K |
| YoY Change | 163.49% | -74.18% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $2.309M | $252.7K |
| YoY Change | 813.83% | -220.34% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $140.0K | $1.220M |
| YoY Change | -88.52% | |
| Cash From Investing Activities | -$2.170M | $960.0K |
| YoY Change | -326.04% | -557.14% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | $145.2K | $156.4K |
| YoY Change | -7.19% | |
| Cash From Financing Activities | -1.720M | -570.0K |
| YoY Change | 201.75% | 470.0% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.660M | 630.0K |
| Cash From Investing Activities | -2.170M | 960.0K |
| Cash From Financing Activities | -1.720M | -570.0K |
| Net Change In Cash | -2.230M | 1.020M |
| YoY Change | -318.63% | -52.11% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.660M | $630.0K |
| Capital Expenditures | $2.309M | $252.7K |
| Free Cash Flow | -$649.3K | $377.3K |
| YoY Change | -272.09% | -85.76% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Assets
Assets
|
79721254 | USD |
| CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3344480 | USD |
| CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9465304 | USD |
| CY2012Q1 | us-gaap |
Assets
Assets
|
80345484 | USD |
| CY2012Q1 | us-gaap |
Assets Current
AssetsCurrent
|
56627113 | USD |
| CY2012Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
8979623 | USD |
| CY2012Q1 | us-gaap |
Liabilities
Liabilities
|
17204398 | USD |
| CY2011Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
15618717 | USD |
| CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
9758623 | USD |
| CY2011Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
558875 | USD |
| CY2011Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
1086632 | USD |
| CY2012Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2011Q4 | us-gaap |
Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
|
1340131 | USD |
| CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
17736471 | USD |
| CY2012Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2011Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2012Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2011Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2011Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2012Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2011Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
1168749 | USD |
| CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
58040394 | USD |
| CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13346457 | USD |
| CY2011Q4 | us-gaap |
Goodwill
Goodwill
|
6481037 | USD |
| CY2011Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
398499 | USD |
| CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1454867 | USD |
| CY2011Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
1292378 | USD |
| CY2012Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
6643778 | shares |
| CY2012Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6643778 | shares |
| CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
6554746 | shares |
| CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6554746 | shares |
| CY2011Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
31503588 | USD |
| CY2011Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
22702040 | USD |
| CY2011Q1 | us-gaap |
Gross Profit
GrossProfit
|
8801548 | USD |
| CY2011Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5725544 | USD |
| CY2011Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
833792 | USD |
| CY2011Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3909796 | USD |
| CY2011Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3912226 | USD |
| CY2011Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1279058 | USD |
| CY2011Q1 | us-gaap |
Profit Loss
ProfitLoss
|
2633168 | USD |
| CY2011Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
428285 | USD |
| CY2011Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2204883 | USD |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.32 | |
| CY2011Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6969361 | shares |
| CY2012Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2348734 | USD |
| CY2012Q1 | us-gaap |
Profit Loss
ProfitLoss
|
2348734 | USD |
| CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
3670734 | USD |
| CY2011Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
692438 | USD |
| CY2011Q1 | ufpt |
Issuance Of Stock In Lieu Of Cash Compensation
IssuanceOfStockInLieuOfCashCompensation
|
55000 | USD |
| CY2011Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
249335 | USD |
| CY2011Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
296658 | USD |
| CY2011Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2375 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1230111 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1056442 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-266622 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-3747 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
771753 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-631067 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
|
70156 | USD |
| CY2011Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
65735 | USD |
| CY2011Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
252704 | USD |
| CY2011Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1217694 | USD |
| CY2011Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
964990 | USD |
| CY2011Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
156414 | USD |
| CY2011Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
34215 | USD |
| CY2011Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
296658 | USD |
| CY2011Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
638882 | USD |
| CY2011Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
105000 | USD |
| CY2011Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-569423 | USD |
| CY2011Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
1021606 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-2232379 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1716497 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2172198 | USD |
| CY2012Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1656316 | USD |
