2024 Q3 Form 10-Q Financial Statement

#000160466524000029 Filed on August 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $277.0M $284.2M
YoY Change -13.89% 7.57%
Cost Of Revenue $160.1M $182.9M
YoY Change -30.01% 3.67%
Gross Profit $116.9M $101.2M
YoY Change 25.77% 15.4%
Gross Profit Margin 42.22% 35.62%
Selling, General & Admin $7.254M $7.605M
YoY Change 7.61% 5.2%
% of Gross Profit 6.2% 7.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.63M $21.83M
YoY Change 1.62% -19.27%
% of Gross Profit 18.49% 21.56%
Operating Expenses $7.254M $7.605M
YoY Change 7.61% 5.2%
Operating Profit $109.7M $93.63M
YoY Change 27.19% 16.32%
Interest Expense -$6.698M -$6.651M
YoY Change 4.66% 8.73%
% of Operating Profit -6.11% -7.1%
Other Income/Expense, Net $1.325M $1.257M
YoY Change 4.17% 18.47%
Pretax Income $104.3M $88.23M
YoY Change 28.67% 16.96%
Income Tax $216.0K $207.0K
% Of Pretax Income 0.21% 0.23%
Net Earnings $18.14M $14.43M
YoY Change 37.33% 21.38%
Net Earnings / Revenue 6.55% 5.08%
Basic Earnings Per Share
Diluted Earnings Per Share $0.51 $0.41
COMMON SHARES
Basic Shares Outstanding 35.23M shares 35.23M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.21M $66.00M
YoY Change -8.64% 11.05%
Cash & Equivalents $60.21M $66.00M
Short-Term Investments
Other Short-Term Assets $667.0K $944.0K
YoY Change 11.17% 31.48%
Inventory $3.751M $4.487M
Prepaid Expenses
Receivables $170.5M $157.6M
Other Receivables $6.480M $3.135M
Total Short-Term Assets $241.6M $232.1M
YoY Change 4.36% 5.25%
LONG-TERM ASSETS
Property, Plant & Equipment $909.0M $912.8M
YoY Change -5.23% -5.27%
Goodwill $5.814M $5.814M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $138.3M $137.7M
YoY Change -4.67% -5.53%
Total Long-Term Assets $1.053B $1.056B
YoY Change -5.13% -5.27%
TOTAL ASSETS
Total Short-Term Assets $241.6M $232.1M
Total Long-Term Assets $1.053B $1.056B
Total Assets $1.295B $1.288B
YoY Change -3.49% -3.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.93M $27.77M
YoY Change -27.77% -29.46%
Accrued Expenses $21.36M $21.84M
YoY Change -31.86% -18.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $53.29M $49.61M
YoY Change -29.51% -25.2%
LONG-TERM LIABILITIES
Long-Term Debt $399.7M $399.7M
YoY Change -0.01% 0.0%
Other Long-Term Liabilities $2.347M $2.554M
YoY Change -29.05%
Total Long-Term Liabilities $2.347M $2.554M
YoY Change -29.05% -99.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.29M $49.61M
Total Long-Term Liabilities $2.347M $2.554M
Total Liabilities $456.9M $453.5M
YoY Change -4.86% -56.81%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $277.7M $276.0M
YoY Change
Total Liabilities & Shareholders Equity $1.295B $1.288B
YoY Change -3.49% -3.54%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $18.14M $14.43M
YoY Change 37.33% 21.38%
Depreciation, Depletion And Amortization $21.63M $21.83M
YoY Change 1.62% -19.27%
Cash From Operating Activities $126.1M $121.9M
YoY Change 24.95% 23.7%
INVESTING ACTIVITIES
Capital Expenditures $15.55M $10.18M
YoY Change -7.46% 125.53%
Acquisitions
YoY Change
Other Investing Activities -$15.00M $0.00
YoY Change -250.0% -100.0%
Cash From Investing Activities -$30.55M -$10.18M
YoY Change 349.21% -78.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -101.3M -101.5M
YoY Change 15.66% 4.42%
NET CHANGE
Cash From Operating Activities 126.1M 121.9M
Cash From Investing Activities -30.55M -10.18M
Cash From Financing Activities -101.3M -101.5M
Net Change In Cash -5.791M 10.24M
YoY Change -189.09% -122.68%
FREE CASH FLOW
Cash From Operating Activities $126.1M $121.9M
Capital Expenditures $15.55M $10.18M
Free Cash Flow $110.5M $111.7M
YoY Change 31.42% 18.81%

Facts In Submission

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