$VICR
VICOR CORP

2017 Q2 Form 10-Q Financial Statement

#000119312517241724 Filed on July 31, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $57.71M $52.94M
YoY Change 9.01% -5.66%
Cost Of Revenue $31.78M $28.47M
YoY Change 11.62% -3.85%
Gross Profit $25.93M $24.47M
YoY Change 5.96% -7.69%
Gross Profit Margin 44.93% 46.22%
Selling, General & Admin $14.54M $14.32M
YoY Change 1.54% -5.11%
% of Gross Profit 56.06% 58.5%
Research & Development $11.93M $10.76M
YoY Change 10.92% 1.19%
% of Gross Profit 46.02% 43.96%
Depreciation & Amortization $2.189M $2.116M
YoY Change 3.45% -8.79%
% of Gross Profit 8.44% 8.65%
Operating Expenses $26.47M $25.07M
YoY Change 5.57% -2.51%
Operating Profit -$538.0K -$601.0K
YoY Change -10.48% -175.79%
Interest Expense $170.0K $30.00K
YoY Change 466.67% -57.14%
% of Operating Profit
Other Income/Expense, Net $360.0K $64.00K
YoY Change 462.5% 64.1%
Pretax Income -$178.0K -$537.0K
YoY Change -66.85% -164.54%
Income Tax $267.0K $13.00K
% Of Pretax Income
Net Earnings -$459.0K -$544.0K
YoY Change -15.63% -167.58%
Net Earnings / Revenue -0.8% -1.03%
Basic Earnings Per Share -$0.01 -$0.01
Diluted Earnings Per Share -$0.01 -$0.01
COMMON SHARES
Basic Shares Outstanding 39.17M shares 38.80M shares
Diluted Shares Outstanding 39.17M shares 38.80M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $51.40M $54.20M
YoY Change -5.17% -16.74%
Cash & Equivalents $51.43M $54.15M
Short-Term Investments
Other Short-Term Assets $3.867M $3.288M
YoY Change 17.61% -1.73%
Inventory $30.51M $26.13M
Prepaid Expenses
Receivables $34.09M $28.01M
Other Receivables $0.00 $0.00
Total Short-Term Assets $119.9M $111.6M
YoY Change 7.46% -7.89%
LONG-TERM ASSETS
Property, Plant & Equipment $38.93M $37.85M
YoY Change 2.84% 5.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.600M $2.600M
YoY Change 0.0% -13.33%
Other Assets $2.204M $2.127M
YoY Change 3.62% 27.37%
Total Long-Term Assets $43.72M $42.57M
YoY Change 2.69% 4.71%
TOTAL ASSETS
Total Short-Term Assets $119.9M $111.6M
Total Long-Term Assets $43.72M $42.57M
Total Assets $163.6M $154.1M
YoY Change 6.14% -4.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.54M $8.858M
YoY Change 19.01% -5.74%
Accrued Expenses $2.475M $2.266M
YoY Change 9.22% 1.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.77M $22.73M
YoY Change 35.36% -3.74%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $87.00K $900.0K
YoY Change -90.33% -35.71%
Total Long-Term Liabilities $87.00K $900.0K
YoY Change -90.33% -35.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.77M $22.73M
Total Long-Term Liabilities $87.00K $900.0K
Total Liabilities $31.52M $23.65M
YoY Change 33.31% -6.71%
SHAREHOLDERS EQUITY
Retained Earnings $92.01M $93.79M
YoY Change -1.9% -5.2%
Common Stock $179.1M $175.5M
YoY Change 2.06% 0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost) $138.9M $138.9M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $131.8M $130.3M
YoY Change
Total Liabilities & Shareholders Equity $163.6M $154.1M
YoY Change 6.14% -4.72%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$459.0K -$544.0K
YoY Change -15.63% -167.58%
Depreciation, Depletion And Amortization $2.189M $2.116M
YoY Change 3.45% -8.79%
Cash From Operating Activities $650.0K -$3.180M
YoY Change -120.44% -144.11%
INVESTING ACTIVITIES
Capital Expenditures -$2.980M -$2.760M
YoY Change 7.97% 49.19%
Acquisitions
YoY Change
Other Investing Activities $0.00 $270.0K
YoY Change -100.0% 170.0%
Cash From Investing Activities -$2.980M -$2.490M
YoY Change 19.68% 41.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 940.0K 80.00K
YoY Change 1075.0% -78.95%
NET CHANGE
Cash From Operating Activities 650.0K -3.180M
Cash From Investing Activities -2.980M -2.490M
Cash From Financing Activities 940.0K 80.00K
Net Change In Cash -1.390M -5.590M
YoY Change -75.13% -195.88%
FREE CASH FLOW
Cash From Operating Activities $650.0K -$3.180M
Capital Expenditures -$2.980M -$2.760M
Free Cash Flow $3.630M -$420.0K
YoY Change -964.29% -104.64%

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