2014 Q4 Form 10-Q Financial Statement

#000119312514400000 Filed on November 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $94.22M $90.82M $89.10M
YoY Change 5.71% 1.93% 4.84%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.00M $11.70M $11.00M
YoY Change 7.14% 6.36% 8.91%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.304M $3.291M $3.551M
YoY Change 2.7% -7.32% -23.04%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $36.40M $48.35M $47.61M
YoY Change -22.72% 1.56% 31.22%
Income Tax $9.825M $12.72M $13.18M
% Of Pretax Income 26.99% 26.31% 27.67%
Net Earnings $26.94M $35.63M $34.43M
YoY Change -22.28% 3.48% 31.8%
Net Earnings / Revenue 28.59% 39.23% 38.65%
Basic Earnings Per Share $0.60 $0.79 $0.85
Diluted Earnings Per Share $0.59 $0.78 $0.83
COMMON SHARES
Basic Shares Outstanding 45.49M shares 44.89M shares 40.70M shares
Diluted Shares Outstanding 45.44M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.787B $1.220B $1.940B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $257.8M $257.3M $247.8M
YoY Change 3.26% 3.84% 3.59%
Goodwill $209.8M $209.8M $209.8M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $17.50B $16.28B $16.18B
YoY Change 3.48% 0.62% 21.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $180.0M $161.0M $130.0M
YoY Change 17.65% 23.85% -32.29%
Deferred Revenue
YoY Change
Short-Term Debt $2.025B $1.712B $211.0K
YoY Change 1892423.36% 811274.41% -99.98%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $180.0M $161.0M $130.0M
YoY Change 17.65% 23.85% -32.29%
LONG-TERM LIABILITIES
Long-Term Debt $9.000M $7.000M $5.000M
YoY Change 80.0% 40.0%
Other Long-Term Liabilities $26.00M $35.00M $16.00M
YoY Change 13.04% 118.75% -5.88%
Total Long-Term Liabilities $35.00M $42.00M $21.00M
YoY Change 25.0% 100.0% 23.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $180.0M $161.0M $130.0M
Total Long-Term Liabilities $35.00M $42.00M $21.00M
Total Liabilities $15.86B $14.67B $14.72B
YoY Change 2.93% -0.35% 22.76%
SHAREHOLDERS EQUITY
Retained Earnings $963.9M $947.7M $860.1M
YoY Change 8.96% 10.18% 11.04%
Common Stock $949.7M $55.06M $55.06M
YoY Change 1.3% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $280.8M $280.6M $298.0M
YoY Change -0.91% -5.86% -18.84%
Treasury Stock Shares $9.525M 9.571M shares 10.50M shares
Shareholders Equity $1.644B $1.615B $1.464B
YoY Change
Total Liabilities & Shareholders Equity $17.50B $16.28B $16.18B
YoY Change 3.48% 0.62% 21.82%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $26.94M $35.63M $34.43M
YoY Change -22.28% 3.48% 31.8%
Depreciation, Depletion And Amortization $12.00M $11.70M $11.00M
YoY Change 7.14% 6.36% 8.91%
Cash From Operating Activities $62.20M $91.00M $71.20M
YoY Change -39.08% 27.81% -13.17%
INVESTING ACTIVITIES
Capital Expenditures -$9.600M -$15.90M -$9.600M
YoY Change -15.04% 65.62% -14.29%
Acquisitions
YoY Change
Other Investing Activities -$654.4M -$314.3M $3.400M
YoY Change 562.35% -9344.12% -101.73%
Cash From Investing Activities -$664.0M -$330.3M -$6.200M
YoY Change 503.09% 5227.42% -97.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $201.2M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.169B 676.0M 876.0M
YoY Change 79.7% -22.83% 3218.18%
NET CHANGE
Cash From Operating Activities 62.20M 91.00M 71.20M
Cash From Investing Activities -664.0M -330.3M -6.200M
Cash From Financing Activities 1.169B 676.0M 876.0M
Net Change In Cash 567.0M 436.7M 941.0M
YoY Change -11.74% -53.59% -1041.94%
FREE CASH FLOW
Cash From Operating Activities $62.20M $91.00M $71.20M
Capital Expenditures -$9.600M -$15.90M -$9.600M
Free Cash Flow $71.80M $106.9M $80.80M
YoY Change -36.68% 32.3% -13.3%

Facts In Submission

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<div> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The Company is a financial holding company, which offers a wide range of banking and other financial services to its customers through its branches and offices in the states of Missouri, Kansas, Colorado, Illinois, Oklahoma, Texas, Arizona, Nebraska, Pennsylvania, South Dakota, Indiana, Utah, and Wisconsin. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. These estimates and assumptions also impact reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. A summary of the significant accounting policies to assist the reader in understanding the financial presentation is listed in the Notes to Consolidated Financial Statements in the Company&#x2019;s Annual Report on Form 10-K for the fiscal year ended December&#xA0;31, 2013.</p> </div>
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