$USAP
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

2021 Q2 Form 10-Q Financial Statement

#000156459021037415 Filed on July 21, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $38.50M $52.48M
YoY Change -26.63% -26.08%
Cost Of Revenue $36.34M $50.54M
YoY Change -28.1% -18.34%
Gross Profit $2.164M $1.940M
YoY Change 11.55% -78.7%
Gross Profit Margin 5.62% 3.7%
Selling, General & Admin $5.151M $5.400M
YoY Change -4.61% -3.64%
% of Gross Profit 238.03% 278.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.809M $4.960M
YoY Change -3.04% 3.98%
% of Gross Profit 222.23% 255.67%
Operating Expenses $5.151M $5.400M
YoY Change -4.61% -3.64%
Operating Profit -$2.987M -$3.460M
YoY Change -13.67% -198.8%
Interest Expense $492.0K -$810.0K
YoY Change -160.74% -179.26%
% of Operating Profit
Other Income/Expense, Net -$7.000K $0.00
YoY Change -100.0%
Pretax Income -$3.486M -$4.270M
YoY Change -18.36% -272.87%
Income Tax -$993.0K -$940.0K
% Of Pretax Income
Net Earnings -$2.493M -$3.331M
YoY Change -25.16% -259.68%
Net Earnings / Revenue -6.47% -6.35%
Basic Earnings Per Share -$0.28 -$0.38
Diluted Earnings Per Share -$0.28 -$0.38
COMMON SHARES
Basic Shares Outstanding 8.900M 8.810M
Diluted Shares Outstanding 8.900M 8.810M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $158.0K $300.0K
YoY Change -47.33% 50.0%
Cash & Equivalents $158.0K $263.0K
Short-Term Investments
Other Short-Term Assets $6.119M $6.446M
YoY Change -5.07% 20.46%
Inventory $120.8M $135.1M
Prepaid Expenses
Receivables $21.31M $33.19M
Other Receivables $0.00 $0.00
Total Short-Term Assets $148.4M $175.0M
YoY Change -15.17% -6.28%
LONG-TERM ASSETS
Property, Plant & Equipment $161.8M $172.1M
YoY Change -5.96% -2.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $205.0K $752.0K
YoY Change -72.74% -46.51%
Total Long-Term Assets $162.0M $172.8M
YoY Change -6.25% -2.56%
TOTAL ASSETS
Total Short-Term Assets $148.4M $175.0M
Total Long-Term Assets $162.0M $172.8M
Total Assets $310.4M $347.8M
YoY Change -10.74% -4.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.20M $16.50M
YoY Change 52.67% -50.43%
Accrued Expenses $4.854M $5.700M
YoY Change -14.84% 16.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.432M $16.70M
YoY Change -85.44% 328.21%
Total Short-Term Liabilities $33.13M $39.41M
YoY Change -15.93% -8.03%
LONG-TERM LIABILITIES
Long-Term Debt $50.52M $55.80M
YoY Change -9.46% -13.08%
Other Long-Term Liabilities $4.191M $3.618M
YoY Change 15.84% 8.78%
Total Long-Term Liabilities $54.71M $3.618M
YoY Change 1412.22% 8.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.13M $39.41M
Total Long-Term Liabilities $54.71M $3.618M
Total Liabilities $91.07M $108.4M
YoY Change -15.97% -11.56%
SHAREHOLDERS EQUITY
Retained Earnings $145.7M
YoY Change -2.52%
Common Stock $95.91M
YoY Change 1.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.311M
YoY Change 0.0%
Treasury Stock Shares $294.3K
Shareholders Equity $219.4M $239.4M
YoY Change
Total Liabilities & Shareholders Equity $310.4M $347.8M
YoY Change -10.74% -4.46%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$2.493M -$3.331M
YoY Change -25.16% -259.68%
Depreciation, Depletion And Amortization $4.809M $4.960M
YoY Change -3.04% 3.98%
Cash From Operating Activities $83.00K $7.350M
YoY Change -98.87% 238.71%
INVESTING ACTIVITIES
Capital Expenditures -$1.803M -$3.180M
YoY Change -43.3% -17.19%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.803M -$3.180M
YoY Change -43.3% -17.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.444M -4.150M
YoY Change -134.8% -348.5%
NET CHANGE
Cash From Operating Activities 83.00K 7.350M
Cash From Investing Activities -1.803M -3.180M
Cash From Financing Activities 1.444M -4.150M
Net Change In Cash -276.0K 20.00K
YoY Change -1480.0% -660764199384746.1%
FREE CASH FLOW
Cash From Operating Activities $83.00K $7.350M
Capital Expenditures -$1.803M -$3.180M
Free Cash Flow $1.886M $10.53M
YoY Change -82.09% 75.21%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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