Below is the
Income Statement
Period Ending: |
12/31/2018 |
12/31/2017 |
||
Total Revenue |
$76,512,000 |
$78,291,000 |
||
Cost of Revenue |
$54,884,000 |
$56,586,000 |
||
Gross Profit |
$21,628,000 |
$21,706,000 |
||
Operating Expenses |
||||
Research and Development |
$0 |
$0 |
||
Sales, General, and Admin. |
$13,886,000 |
$13,599,000 |
||
Non-Recurring Items |
$0 |
$0 |
||
Other Operating Items |
$0 |
$0 |
||
Operating Income |
$7,832,000 |
$8,079,000 |
||
Add'l income/expense items |
-$323,000 |
$1,173,000 |
||
Earnings Before Interest and Tax |
$7,508,000 |
$9,253,000 |
||
Interest Expense |
$103,000 |
$113,000 |
||
Earnings Before Tax |
$7,405,000 |
$9,140,000 |
||
Income Tax |
$1,641,000 |
$407,000 |
||
Minority Interest |
$89,000 |
-$27,000 |
||
Equity Earnings/Loss Unconsolidated Subsidiary |
-$371,000 |
-$454,000 |
||
Net Income-Cont. Operations |
$5,482,000 |
$8,251,000 |
||
Net Income |
$5,393,000 |
$8,278,000 |
||
Net Income Applicable to Common Shareholders |
$5,393,000 |
$8,278,000 |
Balance Sheet
Period Ending: |
12/31/2018 |
12/31/2017 |
||
Current Assets |
||||
Cash and Cash Equivalents |
$14,009,000 |
$13,281,000 |
||
Short-Term Investments |
$17,116,000 |
$11,967,000 |
||
Net Receivables |
$11,033,000 |
$11,649,000 |
||
Inventory |
$5,465,000 |
$5,902,000 |
||
Other Current Assets |
$5,502,000 |
$4,601,000 |
||
Total Current Assets |
$53,125,000 |
$47,401,000 |
||
Long-Term Assets |
||||
Long-Term Investments |
$117,958,000 |
$105,928,000 |
||
Fixed Assets |
$12,054,000 |
$7,020,000 |
||
|
$7,261,000 |
$6,944,000 |
||
Intangible Assets |
$8,396,000 |
$8,293,000 |
||
Other Assets |
$7,108,000 |
$6,767,000 |
||
Deferred Asset Charges |
$7,515,000 |
$7,207,000 |
||
Total Assets |
$213,416,000 |
$189,561,000 |
||
Current Liabilities |
||||
Accounts Payable |
$39,062,000 |
$37,319,000 |
||
Short-Term Debt / Current Portion of Long-Term Debt |
$11,309,000 |
$11,593,000 |
||
Other Current Liabilities |
$7,435,000 |
$6,017,000 |
||
Total Current Liabilities |
$57,806,000 |
$54,929,000 |
||
Long-Term Debt |
$5,882,000 |
$5,135,000 |
||
Other Liabilities |
$100,200,000 |
$84,532,000 |
||
Deferred Liability Charges |
$5,090,000 |
$4,801,000 |
||
Misc. Stocks |
$6,153,000 |
$6,237,000 |
||
Minority Interest |
$72,000 |
$80,000 |
||
Total Liabilities |
$175,131,000 |
$155,635,000 |
||
Stock Holders Equity |
||||
Common Stocks |
$8,154,000 |
$7,899,000 |
||
Capital Surplus |
$25,648,000 |
$20,966,000 |
||
|
-$2,154,000 |
-$946,000 |
||
|
$11,947,000 |
$11,446,000 |
||
Other Equity |
-$5,382,000 |
-$5,517,000 |
||
Total Equity |
$38,213,000 |
$33,847,000 |
||
Total Liabilities & Equity |
$213,416,000 |
$189,561,000 |
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