$UFPT
UFP TECHNOLOGIES INC

2018 Q2 Form 10-Q Financial Statement

#000117184318005912 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $49.02M $37.89M
YoY Change 29.39% -0.04%
Cost Of Revenue $36.03M $27.95M
YoY Change 28.94% 1.19%
Gross Profit $12.99M $9.941M
YoY Change 30.63% -3.44%
Gross Profit Margin 26.49% 26.24%
Selling, General & Admin $7.417M $6.061M
YoY Change 22.37% -6.32%
% of Gross Profit 57.12% 60.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.040M $1.400M
YoY Change 45.71% 1.45%
% of Gross Profit 15.71% 14.08%
Operating Expenses $7.417M $6.061M
YoY Change 22.37% -6.32%
Operating Profit $5.669M $3.930M
YoY Change 44.25% -6.27%
Interest Expense $404.0K $13.00K
YoY Change 3007.69% -23.53%
% of Operating Profit 7.13% 0.33%
Other Income/Expense, Net $3.000K
YoY Change
Pretax Income $5.275M $3.959M
YoY Change 33.24% -5.92%
Income Tax $1.285M $1.329M
% Of Pretax Income 24.36% 33.57%
Net Earnings $3.990M $2.630M
YoY Change 51.71% -3.84%
Net Earnings / Revenue 8.14% 6.94%
Basic Earnings Per Share $0.54 $0.36
Diluted Earnings Per Share $0.54 $0.36
COMMON SHARES
Basic Shares Outstanding 7.347M 7.239M
Diluted Shares Outstanding 7.413M 7.323M

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.900M $34.50M
YoY Change -82.9% 27.78%
Cash & Equivalents $5.915M $34.51M
Short-Term Investments
Other Short-Term Assets $2.100M $2.500M
YoY Change -16.0% -3.85%
Inventory $18.73M $14.10M
Prepaid Expenses $2.106M $2.455M
Receivables $30.20M $22.30M
Other Receivables $600.0K $0.00
Total Short-Term Assets $57.55M $73.38M
YoY Change -21.57% 9.52%
LONG-TERM ASSETS
Property, Plant & Equipment $58.69M $50.84M
YoY Change 15.45% 5.25%
Goodwill $51.84M $7.322M
YoY Change 607.98%
Intangibles $22.86M $159.0K
YoY Change 14277.36%
Long-Term Investments
YoY Change
Other Assets $191.0K $1.994M
YoY Change -90.42% 4.95%
Total Long-Term Assets $135.8M $60.31M
YoY Change 125.16% 3.98%
TOTAL ASSETS
Total Short-Term Assets $57.55M $73.38M
Total Long-Term Assets $135.8M $60.31M
Total Assets $193.3M $133.7M
YoY Change 44.62% 6.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.743M $4.394M
YoY Change 98.98% -20.11%
Accrued Expenses $5.407M $4.629M
YoY Change 16.81% -3.56%
Deferred Revenue $3.331M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.857M $342.0K
YoY Change 735.38% -65.8%
Total Short-Term Liabilities $20.34M $9.365M
YoY Change 117.17% -17.12%
LONG-TERM LIABILITIES
Long-Term Debt $36.71M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $52.00K $132.0K
YoY Change -60.61% -92.67%
Total Long-Term Liabilities $36.77M $132.0K
YoY Change 27753.03% -93.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.34M $9.365M
Total Long-Term Liabilities $36.77M $132.0K
Total Liabilities $62.26M $14.99M
YoY Change 315.26% -9.14%
SHAREHOLDERS EQUITY
Retained Earnings $103.3M $93.15M
YoY Change 10.85%
Common Stock $73.00K $73.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $587.0K $587.0K
YoY Change 0.0%
Treasury Stock Shares $29.56K $29.56K
Shareholders Equity $131.1M $118.7M
YoY Change
Total Liabilities & Shareholders Equity $193.3M $133.7M
YoY Change 44.62% 6.95%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $3.990M $2.630M
YoY Change 51.71% -3.84%
Depreciation, Depletion And Amortization $2.040M $1.400M
YoY Change 45.71% 1.45%
Cash From Operating Activities $9.440M $3.790M
YoY Change 149.08% -0.26%
INVESTING ACTIVITIES
Capital Expenditures -$1.500M -$3.010M
YoY Change -50.17% 16.67%
Acquisitions
YoY Change
Other Investing Activities $30.00K $0.00
YoY Change
Cash From Investing Activities -$1.470M -$3.010M
YoY Change -51.16% 16.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.120M -30.00K
YoY Change 30300.0% -109.38%
NET CHANGE
Cash From Operating Activities 9.440M 3.790M
Cash From Investing Activities -1.470M -3.010M
Cash From Financing Activities -9.120M -30.00K
Net Change In Cash -1.150M 750.0K
YoY Change -253.33% -51.3%
FREE CASH FLOW
Cash From Operating Activities $9.440M $3.790M
Capital Expenditures -$1.500M -$3.010M
Free Cash Flow $10.94M $6.800M
YoY Change 60.88% 6.58%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
ufpt Contract With Customer Liability Increase Due To Consideration Received From Customers
ContractWithCustomerLiabilityIncreaseDueToConsiderationReceivedFromCustomers
1855000
CY2009Q1 ufpt Preferred Stock Dividends Number Of Preferred Share Purchase Rights Distributed For Each Share Of Common Stock Outstanding
PreferredStockDividendsNumberOfPreferredSharePurchaseRightsDistributedForEachShareOfCommonStockOutstanding
1
ufpt Proceeds From Stock Options Exercised Net
ProceedsFromStockOptionsExercisedNet
964000
ufpt Proceeds From Stock Options Exercised Net
ProceedsFromStockOptionsExercisedNet
315000
CY2018Q2 ufpt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1
CY2017Q2 ufpt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1
ufpt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1
ufpt Revenue From Contract With Customer Including Assessed Tax Percentage
RevenueFromContractWithCustomerIncludingAssessedTaxPercentage
1
ufpt Shares Paid For Exercise Price And Tax Withholding For Share Based Compensation
SharesPaidForExercisePriceAndTaxWithholdingForShareBasedCompensation
0
ufpt Shares Paid For Exercise Price And Tax Withholding For Share Based Compensation
SharesPaidForExercisePriceAndTaxWithholdingForShareBasedCompensation
6511
ufpt Shares Paid For Exercise Price And Tax Withholding For Share Based Compensation Average Market Price
SharesPaidForExercisePriceAndTaxWithholdingForShareBasedCompensationAverageMarketPrice
26.45
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
8743000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
4180000
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5407000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5466000
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
52600000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53064000
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53612000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P19Y219D
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
28341000
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
73000
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
26664000
CY2018Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
761000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
652000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
314000
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
79000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
524000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
159000
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24280
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
25344
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12336
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27336
CY2018Q2 us-gaap Assets
Assets
193342000
CY2017Q4 us-gaap Assets
Assets
138207000
CY2018Q2 us-gaap Assets Current
AssetsCurrent
57548000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
75074000
CY2018Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
19000
CY2017Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1089000
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
331000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
495000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5915000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37978000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31359000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34514000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-32063000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3155000
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2009Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7389116
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7309909
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7359557
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7280350
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
73000
us-gaap Gross Profit
GrossProfit
19457000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5275000
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
871000
CY2018Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
3331000
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3331000
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
297000
CY2018Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
871000
us-gaap Contract With Customer Liability Increase Decrease For Contract Acquired In Business Combination
ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination
2175000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1570000
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
36033000
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
27945000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
68779000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
55482000
CY2018Q2 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2215000
CY2017Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
2030000
CY2018Q2 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
2216000
CY2017Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
2015000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
688000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
160000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
437000
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2937000
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2440000
CY2018Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2415000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3874000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2796000
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
36000000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
68000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
965000
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
CY2017Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.336
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.333
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1300000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y292D
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
155000
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
199000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
356000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
336000
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
524000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
17204000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
628000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1257000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1257000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1257000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1257000
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
23384000
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
22860000
CY2018Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
15000
CY2017Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-8000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
55000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000
CY2018Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
104000
CY2017Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
121000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
104000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
121000
CY2018Q2 us-gaap Goodwill
Goodwill
51838000
CY2017Q4 us-gaap Goodwill
Goodwill
7322000
CY2018Q2 us-gaap Gross Profit
GrossProfit
12986000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7640000
CY2017Q2 us-gaap Gross Profit
GrossProfit
9941000
us-gaap Gross Profit
GrossProfit
23170000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7193000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1285000
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1329000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3959000
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1873000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2392000
CY2018Q2 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-86000
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
184000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
784000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1434000
CY2018Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
616000
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1017000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2907000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-103000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1578000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-136000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
859000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
67000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-401000
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-798000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1451000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-56000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
248000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
63000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
155000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
142000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
149000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
174000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
4414000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1057000
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
66000
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
84000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
72000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
84000
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
22860000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
CY2018Q2 us-gaap Interest Expense
InterestExpense
404000
CY2017Q2 us-gaap Interest Expense
InterestExpense
13000
us-gaap Interest Expense
InterestExpense
677000
us-gaap Interest Expense
InterestExpense
27000
us-gaap Interest Paid Net
InterestPaidNet
668000
us-gaap Interest Paid Net
InterestPaidNet
6000
CY2018Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
5829000
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
4758000
CY2018Q2 us-gaap Inventory Net
InventoryNet
18732000
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2106000
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1835000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
20000000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
CY2017Q4 us-gaap Inventory Net
InventoryNet
12863000
CY2018Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
9193000
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
6898000
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3710000
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1207000
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
7000
CY2017Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
42000
us-gaap Investment Income Interest
InvestmentIncomeInterest
32000
us-gaap Investment Income Interest
InvestmentIncomeInterest
84000
CY2018Q2 us-gaap Liabilities
Liabilities
62256000
CY2017Q4 us-gaap Liabilities
Liabilities
14495000
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
193342000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
138207000
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
20338000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
9943000
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
39571000
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
2857000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
36714000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40391000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-306000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-79901000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4465000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7447000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7926000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
3990000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
2630000
us-gaap Net Income Loss
NetIncomeLoss
5767000
us-gaap Net Income Loss
NetIncomeLoss
4801000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5669000
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3930000
us-gaap Operating Income Loss
OperatingIncomeLoss
8232000
us-gaap Operating Income Loss
OperatingIncomeLoss
7136000
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
191000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
144000
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
52000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
82000
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
53000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
144000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
107000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
76978000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2991000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4471000
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
487000
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
111289000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
106716000
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
107743000
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58689000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
53652000
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54131000
CY2018Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
30179000
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
21381000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1429000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
514000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
15000000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
63000
us-gaap Restructuring Charges
RestructuringCharges
us-gaap Restructuring Charges
RestructuringCharges
63000
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
103259000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
97562000
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
97492000
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
49019000
CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
37886000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
91949000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
74939000
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7417000
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6061000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14008000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12376000
us-gaap Share Based Compensation
ShareBasedCompensation
691000
us-gaap Share Based Compensation
ShareBasedCompensation
636000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
391000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
10344
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.15
CY2018Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
31.20
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
131086000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
123712000
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
29559
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
29559
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
587000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
587000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7413000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7323000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7408000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7312000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7347000
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7239000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7336000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7228000

Files In Submission

Name View Source Status
0001171843-18-005912-index-headers.html Edgar Link pending
0001171843-18-005912-index.html Edgar Link pending
0001171843-18-005912.txt Edgar Link pending
0001171843-18-005912-xbrl.zip Edgar Link pending
exh_311.htm Edgar Link pending
exh_312.htm Edgar Link pending
exh_321.htm Edgar Link pending
f10q_080918p.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ufpt-20180630.xml Edgar Link completed
ufpt-20180630.xsd Edgar Link pending
ufpt-20180630_cal.xml Edgar Link unprocessable
ufpt-20180630_def.xml Edgar Link unprocessable
ufpt-20180630_lab.xml Edgar Link unprocessable
ufpt-20180630_pre.xml Edgar Link unprocessable