2016 Q3 Form 10-Q Financial Statement

#000148795217000033 Filed on August 08, 2017

View on sec.gov

Income Statement

Concept 2016 Q3
Revenue $58.00M
YoY Change 1.48%
Cost Of Revenue $36.50M
YoY Change 2.25%
Gross Profit $21.50M
YoY Change 0.21%
Gross Profit Margin 37.06%
Selling, General & Admin $18.44M
YoY Change 3.85%
% of Gross Profit 85.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.890M
YoY Change 10.31%
% of Gross Profit 13.44%
Operating Expenses $18.44M
YoY Change 3.85%
Operating Profit $1.688M
YoY Change -198.66%
Interest Expense $371.0K
YoY Change 134.81%
% of Operating Profit 21.98%
Other Income/Expense, Net -$401.0K
YoY Change -26.42%
Pretax Income $1.287M
YoY Change -157.05%
Income Tax -$562.0K
% Of Pretax Income -43.67%
Net Earnings $1.868M
YoY Change -196.14%
Net Earnings / Revenue 3.22%
Basic Earnings Per Share $0.14
Diluted Earnings Per Share $0.14
COMMON SHARES
Basic Shares Outstanding 13.18M shares
Diluted Shares Outstanding 13.41M shares

Balance Sheet

Concept 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.20M
YoY Change -17.41%
Cash & Equivalents $52.22M
Short-Term Investments
Other Short-Term Assets $10.70M
YoY Change -30.97%
Inventory $57.82M
Prepaid Expenses
Receivables $36.02M
Other Receivables $0.00
Total Short-Term Assets $156.8M
YoY Change -8.75%
LONG-TERM ASSETS
Property, Plant & Equipment $54.96M
YoY Change 9.94%
Goodwill $19.42M
YoY Change 201.12%
Intangibles $23.04M
YoY Change 66.94%
Long-Term Investments
YoY Change
Other Assets $14.61M
YoY Change -30.18%
Total Long-Term Assets $112.0M
YoY Change 22.88%
TOTAL ASSETS
Total Short-Term Assets $156.8M
Total Long-Term Assets $112.0M
Total Assets $268.8M
YoY Change 2.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.300M
YoY Change 2.47%
Accrued Expenses $15.07M
YoY Change -3.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $2.230M
YoY Change -62.01%
Total Short-Term Liabilities $37.70M
YoY Change -12.26%
LONG-TERM LIABILITIES
Long-Term Debt $35.02M
YoY Change 166.87%
Other Long-Term Liabilities $7.760M
YoY Change 7.33%
Total Long-Term Liabilities $42.78M
YoY Change 110.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.70M
Total Long-Term Liabilities $42.78M
Total Liabilities $92.58M
YoY Change 22.31%
SHAREHOLDERS EQUITY
Retained Earnings $24.68M
YoY Change -30.94%
Common Stock $192.2M
YoY Change 0.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.765M
YoY Change
Treasury Stock Shares
Shareholders Equity $176.1M
YoY Change
Total Liabilities & Shareholders Equity $268.8M
YoY Change 2.21%

Cashflow Statement

Concept 2016 Q3
OPERATING ACTIVITIES
Net Income $1.868M
YoY Change -196.14%
Depreciation, Depletion And Amortization $2.890M
YoY Change 10.31%
Cash From Operating Activities -$550.0K
YoY Change -110.28%
INVESTING ACTIVITIES
Capital Expenditures -$2.240M
YoY Change -9.31%
Acquisitions
YoY Change
Other Investing Activities -$10.51M
YoY Change -21120.0%
Cash From Investing Activities -$12.75M
YoY Change 426.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.550M
YoY Change -198.06%
NET CHANGE
Cash From Operating Activities -550.0K
Cash From Investing Activities -12.75M
Cash From Financing Activities 4.550M
Net Change In Cash -8.750M
YoY Change 411.7%
FREE CASH FLOW
Cash From Operating Activities -$550.0K
Capital Expenditures -$2.240M
Free Cash Flow $1.690M
YoY Change -78.39%

Facts In Submission

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CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2278000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3803000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-241000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-373000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
67000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
31000 USD
CY2016Q3 us-gaap Other Expenses
OtherExpenses
138000 USD
us-gaap Other Expenses
OtherExpenses
203000 USD
CY2017Q3 us-gaap Other Expenses
OtherExpenses
122000 USD
us-gaap Other Expenses
OtherExpenses
107000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13054000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13776000 USD
CY2016Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
509000 USD
CY2017Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
465000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
804000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
445000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-30000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
395000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-362000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-683000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
85000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
303000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
10727000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4434000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3146000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
14713000 USD
CY2017Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
14999000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6831000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8261000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-8000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-46000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
11000000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
16000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
1849000 USD
us-gaap Profit Loss
ProfitLoss
2345000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
3616000 USD
us-gaap Profit Loss
ProfitLoss
5619000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
55285000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54422000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1064000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1314000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
6000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
16000000 USD
CY2016Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
191000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
547000 USD
CY2017Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
248000 USD
us-gaap Restricted Stock Expense
RestrictedStockExpense
492000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
1000000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
1011000 USD
us-gaap Restructuring Charges
RestructuringCharges
1686000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
315000 USD
CY2017Q3 us-gaap Restructuring Charges
RestructuringCharges
300000 USD
us-gaap Restructuring Charges
RestructuringCharges
869000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
28731000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
34345000 USD
CY2016Q3 us-gaap Revenues
Revenues
57996000 USD
us-gaap Revenues
Revenues
114625000 USD
CY2017Q3 us-gaap Revenues
Revenues
62319000 USD
us-gaap Revenues
Revenues
122106000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18444000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36492000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18800000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
37026000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
547000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
492000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1000000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
261906 shares
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1303000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-261000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
171383000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
182334000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
171557000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
182467000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
8765000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
8765000 USD
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
221000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
221000 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
189000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
209000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13405000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13402000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13446000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13442000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13184000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13181000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13257000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13233000 shares

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