2015 Q2 Form 10-Q Financial Statement

#000119312515275992 Filed on August 04, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2
Revenue $101.9M $89.79M
YoY Change 13.47% 4.15%
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 $12.20M $11.40M
YoY Change 7.02% 3.64%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.524M $3.619M
YoY Change 25.01% -6.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $39.95M $48.97M
YoY Change -18.43% 20.61%
Income Tax $9.732M $14.30M
% Of Pretax Income 24.36% 29.2%
Net Earnings $30.21M $34.67M
YoY Change -12.86% 15.85%
Net Earnings / Revenue 29.66% 38.61%
Basic Earnings Per Share $0.65 $0.77
Diluted Earnings Per Share $0.65 $0.76
COMMON SHARES
Basic Shares Outstanding 46.24M shares 44.82M shares
Diluted Shares Outstanding 46.61M shares 45.42M shares

Balance Sheet

Concept 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.012B $783.5M
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 $280.0M $250.7M
YoY Change 11.71% 1.77%
Goodwill $228.2M $209.8M
YoY Change 8.8% 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 $18.42B $15.56B
YoY Change 18.35% 2.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $155.0M $132.0M
YoY Change 17.42% 11.86%
Deferred Revenue
YoY Change
Short-Term Debt $1.774B $1.607B
YoY Change 10.39% 312545.91%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $155.0M $132.0M
YoY Change 17.42% 11.86%
LONG-TERM LIABILITIES
Long-Term Debt $88.00M $6.000M
YoY Change 1366.67%
Other Long-Term Liabilities $47.00M $42.00M
YoY Change 11.9% 147.06%
Total Long-Term Liabilities $135.0M $48.00M
YoY Change 181.25% 182.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $155.0M $132.0M
Total Long-Term Liabilities $135.0M $48.00M
Total Liabilities $16.56B $13.96B
YoY Change 18.63% -0.47%
SHAREHOLDERS EQUITY
Retained Earnings $1.006B $922.3M
YoY Change 9.03% 10.52%
Common Stock $1.065B $55.06M
YoY Change 1834.4% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $211.4M $280.0M
YoY Change -24.5% -25.79%
Treasury Stock Shares 5.768M shares 9.582M shares
Shareholders Equity $1.857B $1.601B
YoY Change
Total Liabilities & Shareholders Equity $18.42B $15.56B
YoY Change 18.35% 2.03%

Cashflow Statement

Concept 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income $30.21M $34.67M
YoY Change -12.86% 15.85%
Depreciation, Depletion And Amortization $12.20M $11.40M
YoY Change 7.02% 3.64%
Cash From Operating Activities $83.40M $108.5M
YoY Change -23.13% 25.29%
INVESTING ACTIVITIES
Capital Expenditures -$14.60M -$12.40M
YoY Change 17.74% 31.91%
Acquisitions
YoY Change
Other Investing Activities -$412.5M -$137.9M
YoY Change 199.13% -79.04%
Cash From Investing Activities -$427.2M -$150.2M
YoY Change 184.42% -77.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 320.6M -453.7M
YoY Change -170.66% 30.37%
NET CHANGE
Cash From Operating Activities 83.40M 108.5M
Cash From Investing Activities -427.2M -150.2M
Cash From Financing Activities 320.6M -453.7M
Net Change In Cash -23.20M -495.4M
YoY Change -95.32% -46.66%
FREE CASH FLOW
Cash From Operating Activities $83.40M $108.5M
Capital Expenditures -$14.60M -$12.40M
Free Cash Flow $98.00M $120.9M
YoY Change -18.94% 25.94%

Facts In Submission

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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 8%"> 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, Minnesota, 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 provided 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, 2014.</p> </div>
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