2015 Q3 Form 10-Q Financial Statement

#000119312515260564 Filed on July 23, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q2
Revenue $74.70M $73.30M
YoY Change -2.48% 10.39%
Cost Of Revenue $34.70M $36.70M
YoY Change -6.97% 23.57%
Gross Profit $40.00M $36.60M
YoY Change 1.78% -0.27%
Gross Profit Margin 53.55% 49.93%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.40M $10.20M
YoY Change 5.56% 12.09%
% of Gross Profit 28.5% 27.87%
Operating Expenses $32.70M $29.50M
YoY Change 2.51% 18.95%
Operating Profit $7.300M $7.100M
YoY Change -1.35% 57.78%
Interest Expense -$5.500M -$5.300M
YoY Change 10.0% 15.22%
% of Operating Profit -75.34% -74.65%
Other Income/Expense, Net $0.00 -$100.0K
YoY Change -100.0% 0.0%
Pretax Income $1.800M $1.700M
YoY Change -21.74% -950.0%
Income Tax $100.0K $600.0K
% Of Pretax Income 5.56% 35.29%
Net Earnings $1.700M $1.100M
YoY Change 6.25% -1200.0%
Net Earnings / Revenue 2.28% 1.5%
Basic Earnings Per Share
Diluted Earnings Per Share $122.3K $79.71K
COMMON SHARES
Basic Shares Outstanding 13.98M shares 13.89M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.900M $12.00M
YoY Change -11.88% 69.01%
Cash & Equivalents $8.900M $12.00M
Short-Term Investments
Other Short-Term Assets $17.90M $8.400M
YoY Change 148.61% 50.0%
Inventory $7.400M $6.900M
Prepaid Expenses
Receivables $45.40M $44.90M
Other Receivables $10.60M $8.300M
Total Short-Term Assets $106.5M $113.9M
YoY Change -5.25% 7.86%
LONG-TERM ASSETS
Property, Plant & Equipment $782.4M $681.7M
YoY Change 10.82% 9.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.80M $16.90M
YoY Change -15.63% -2.31%
Total Long-Term Assets $113.6M $105.0M
YoY Change 15.8% -26.68%
TOTAL ASSETS
Total Short-Term Assets $106.5M $113.9M
Total Long-Term Assets $113.6M $105.0M
Total Assets $1.003B $900.6M
YoY Change 9.38% 3.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.20M $20.50M
YoY Change 9.84% -5.53%
Accrued Expenses $6.300M $3.100M
YoY Change 16.67% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $4.100M $35.00M
YoY Change 192.86% 42.86%
Long-Term Debt Due $3.800M $2.500M
YoY Change 52.0% 316.67%
Total Short-Term Liabilities $100.9M $102.6M
YoY Change 32.76% 13.25%
LONG-TERM LIABILITIES
Long-Term Debt $325.7M $284.6M
YoY Change -0.31% -0.84%
Other Long-Term Liabilities $3.500M $5.600M
YoY Change -14.63% 19.15%
Total Long-Term Liabilities $298.2M $242.6M
YoY Change 21.27% 1.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $100.9M $102.6M
Total Long-Term Liabilities $298.2M $242.6M
Total Liabilities $399.1M $345.2M
YoY Change 23.98% 4.86%
SHAREHOLDERS EQUITY
Retained Earnings $40.70M $37.00M
YoY Change 20.41% 38.06%
Common Stock $233.6M
YoY Change 1.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $277.7M $270.8M
YoY Change
Total Liabilities & Shareholders Equity $1.003B $900.6M
YoY Change 9.38% 3.02%

Cashflow Statement

Concept 2015 Q3 2014 Q2
OPERATING ACTIVITIES
Net Income $1.700M $1.100M
YoY Change 6.25% -1200.0%
Depreciation, Depletion And Amortization $11.40M $10.20M
YoY Change 5.56% 12.09%
Cash From Operating Activities $20.40M $34.90M
YoY Change 7.37% 18.31%
INVESTING ACTIVITIES
Capital Expenditures $32.10M $19.90M
YoY Change 1.58% -11.95%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$32.40M -$19.90M
YoY Change 2.53% -11.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.800M -17.30M
YoY Change -55.14% 136.99%
NET CHANGE
Cash From Operating Activities 20.40M 34.90M
Cash From Investing Activities -32.40M -19.90M
Cash From Financing Activities 4.800M -17.30M
Net Change In Cash -7.200M -2.300M
YoY Change 278.95% 475.0%
FREE CASH FLOW
Cash From Operating Activities $20.40M $34.90M
Capital Expenditures $32.10M $19.90M
Free Cash Flow -$11.70M $15.00M
YoY Change -7.14% 117.39%

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