Question: Income Statement Get Income Statement for: View: Annual Data | Quarterly Data All numbers in thousands Period Ending Jan 3, 2016 Dec 28, 2014 Dec
Income Statement Get Income Statement for: View: Annual Data | Quarterly Data All numbers in thousands Period Ending Jan 3, 2016 Dec 28, 2014 Dec 31, 2013 Total Revenue 70,074,000 74,331,000 71,312,000 Cost of Revenue 21,536,000 22,746,000 22,342,000 Gross Profit 48,538,000 51,585,000 48,970,000 Operating Expenses Research Development 9,046,000 8,494,000 8,183,000 Selling General and Administrative 21,203,000 21,954,000 21,830,000 Non Recurring 733,000 178,000 580,000 Others - - - Total Operating Expenses - - - Operating Income or Loss 17,556,000 20,959,000 18,377,000 Income from Continuing Operations Total Other Income/Expenses Net 2,192,000 137,000 (2,424,000) Earnings Before Interest And Taxes 19,748,000 21,096,000 15,953,000 Interest Expense 552,000 533,000 482,000 Income Before Tax 19,196,000 20,563,000 15,471,000 Income Tax Expense 3,787,000 4,240,000 1,640,000 Minority Interest - - - Net Income From Continuing Ops 15,409,000 16,323,000 13,831,000 Non-recurring Events Discontinued Operations - - - Extraordinary Items - - - Effect Of Accounting Changes - - - Other Items - - - Net Income 15,409,000 16,323,000 13,831,000 Preferred Stock And Other Adjustments - - - Net Income Applicable To Common Shares 15,409,000 16,323,000 13,831,000 Balance Sheet Get Balance Sheet for: View: Annual Data | Quarterly Data All numbers in thousands Period Ending Jan 3, 2016 Dec 28, 2014 Dec 31, 2013 Assets Current Assets Cash And Cash Equivalents 13,732,000 14,523,000 20,927,000 Short Term Investments 24,644,000 18,566,000 8,279,000 Net Receivables 10,734,000 10,985,000 15,320,000 Inventory 8,053,000 8,184,000 7,878,000 Other Current Assets 3,047,000 3,486,000 4,003,000 Total Current Assets 60,210,000 55,744,000 56,407,000 Long Term Investments - - - Property Plant and Equipment 15,905,000 16,126,000 16,710,000 Goodwill 21,629,000 21,832,000 22,798,000 Intangible Assets 25,764,000 27,222,000 27,947,000 Accumulated Amortization - - - Other Assets 4,413,000 3,232,000 4,949,000 Deferred Long Term Asset Charges 5,490,000 6,202,000 3,872,000 Total Assets 133,411,000 130,358,000 132,683,000 Liabilities Current Liabilities Accounts Payable 20,743,000 21,393,000 20,823,000 Short/Current Long Term Debt 7,004,000 3,638,000 4,852,000 Other Current Liabilities - - - Total Current Liabilities 27,747,000 25,031,000 25,675,000 Long Term Debt 12,857,000 15,122,000 13,328,000 Other Liabilities 19,095,000 18,006,000 15,638,000 Deferred Long Term Liability Charges 2,562,000 2,447,000 3,989,000 Minority Interest - - - Negative Goodwill - - - Total Liabilities 62,261,000 60,606,000 58,630,000 Stockholders' Equity Misc Stocks Options Warrants - - - Redeemable Preferred Stock - - - Preferred Stock - - - Common Stock 3,120,000 3,120,000 3,120,000 Retained Earnings 103,879,000 97,245,000 89,493,000 Treasury Stock (22,684,000) (19,891,000) (15,700,000) Capital Surplus - - - Other Stockholder Equity (13,165,000) (10,722,000) (2,860,000) Total Stockholder Equity 71,150,000 69,752,000 74,053,000 Net Tangible Assets 23,757,000 20,698,000 23,308,000 Cash Flow Get Cash Flow for: View: Annual Data | Quarterly Data All numbers in thousands Period Ending Jan 3, 2016 Dec 28, 2014 Dec 31, 2013 Net Income 15,409,000 16,323,000 13,831,000 Operating Activities, Cash Flows Provided By or Used In Depreciation 3,746,000 3,895,000 4,104,000 Adjustments To Net Income (1,215,000) (681,000) 307,000 Changes In Accounts Receivables (433,000) (247,000) (632,000) Changes In Liabilities (3,000) 955,000 1,821,000 Changes In Inventories (449,000) (1,120,000) (622,000) Changes In Other Operating Activities 2,224,000 (654,000) (1,395,000) Total Cash Flow From Operating Activities 19,279,000 18,471,000 17,414,000 Investing Activities, Cash Flows Provided By or Used In Capital Expenditures (3,463,000) (3,714,000) (3,595,000) Investments (6,679,000) (10,794,000) (865,000) Other Cash flows from Investing Activities 2,407,000 2,203,000 (643,000) Total Cash Flows From Investing Activities (7,735,000) (12,305,000) (5,103,000) Financing Activities, Cash Flows Provided By or Used In Dividends Paid (8,173,000) (7,768,000) (7,286,000) Sale Purchase of Stock (3,995,000) (5,342,000) (889,000) Net Borrowings 1,379,000 850,000 2,028,000 Other Cash Flows from Financing Activities (57,000) - 56,000 Total Cash Flows From Financing Activities (10,846,000) (12,260,000) (6,091,000) Effect Of Exchange Rate Changes (1,489,000) (310,000) (204,000) Change In Cash and Cash Equivalents (791,000) (6,404,000) 6,016,000 Question: Give detailed analysis of this company using the above financial statement. Would you recommend the investors to invest in this company? What is the future of the company from your analysis?
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