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$1.78B
Revenue
$116.60M
Net Income
27.69%
Gross Margin
7.28%
Op. Margin
$204.20M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $1.78B $1.78B $1.85B $1.95B $1.96B $1.48B
Revenue Growth % 0.0% -3.7% -5.3% -0.8% 32.4% nan%
Cost of Revenue $1.29B $1.29B $1.30B $1.36B $1.38B $1.05B
+ Gross Profit $492.40M $492.40M $542.90M $591.10M $586.70M $434.90M
Gross Margin % 27.7% 27.7% 29.4% 30.3% 29.9% 29.3%
Operating Expenses $362.90M $362.90M $365.00M $429.50M $399.40M $302.80M
Research & Development $51.00M $51.00M $47.80M $41.70M $38.70M $37.40M
Selling General & Admin $285.10M $285.10M $314.00M $387.80M $360.70M $267.20M
+ Operating Income $129.50M $129.50M $177.90M $161.60M $187.30M $132.10M
Operating Margin % 7.3% 7.3% 9.6% 8.3% 9.5% 8.9%
Interest Expense - - - - - -
Other Income/Expense $-600.00K $-600.00K $9.60M $10.50M $-1.60M $3.80M
Income Before Tax $138.10M $138.10M $41.20M $174.40M $184.60M $134.40M
Income Tax Expense $21.50M $21.50M $5.60M $35.30M $51.60M $41.30M
+ Net Income $116.60M $116.60M $35.60M $139.10M $133.00M $93.10M
Net Margin % 6.6% 6.6% 1.9% 7.1% 6.8% 6.3%
Basic EPS 4.68 4.69 1.43 5.60 5.37 3.78
Diluted EPS 4.68 4.67 1.42 5.56 5.32 3.75
Basic Shares Outstanding - 24.9M 24.9M 24.9M 24.8M 24.6M
Diluted Shares Outstanding - 25.0M 25.1M 25.0M 25.0M 24.9M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $292.50M $289.20M $203.70M $147.10M $141.80M
Accounts Receivable $342.30M $341.70M $359.80M $334.60M $284.50M
Inventory $329.30M $301.00M $300.10M $373.10M $277.60M
Other Current Assets $7.30M $600.00K $600.00K $400.00K $400.00K
Total Current Assets $1.00B $956.60M $885.70M $872.60M $728.10M
Property Plant & Equipment $286.10M $269.70M $268.30M $220.90M $214.40M
Goodwill $399.00M $382.50M $399.30M $358.80M $364.30M
Intangible Assets $67.70M $65.40M $57.30M $45.00M $57.50M
Other Non-current Assets $8.70M $3.90M $6.20M $7.10M $5.00M
Total Assets $1.83B $1.73B $1.71B $1.60B $1.57B
Accounts Payable $174.70M $163.80M $163.60M $165.30M $148.70M
Accrued Liabilities $152.30M $169.10M $185.90M $202.90M $166.50M
Total Current Liabilities $360.10M $371.40M $371.50M $405.80M $336.60M
Deferred Tax Liabilities $19.10M $23.50M $33.50M $26.20M $60.80M
Other Non-current Liabilities $8.80M $4.20M $2.30M $1.40M $1.40M
Total Liabilities $499.50M $518.60M $557.80M $563.30M $537.90M
Common Stock $300.00K $300.00K $300.00K $300.00K $300.00K
Retained Earnings $1.10B $1.02B $1.03B $924.20M $822.90M
Treasury Stock $115.20M $93.00M $94.30M $95.40M $90.60M
Total Stockholders Equity $1.33B $1.21B $1.15B $1.04B $1.03B
Total Liabilities & Equity $1.83B $1.73B $1.71B $1.60B $1.57B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $116.60M $116.60M $35.60M $139.10M $133.00M $93.10M
Depreciation & Amortization $76.50M $43.60M $43.50M $39.30M $40.10M $42.70M
Stock-based Compensation $14.10M $8.10M $8.50M $8.00M $6.70M $4.40M
Deferred Income Tax - $-9.00M $-40.40M $4.10M - -
Change in Receivables $-57.10M $-21.60M $-4.30M $12.60M $55.50M $70.30M
Change in Inventory $26.50M $6.60M $11.80M $-83.00M $98.50M $62.00M
Operating Cash Flow $204.20M $138.30M $184.50M $207.30M $81.70M $93.20M
Acquisitions - $700.00K $200.00K $34.70M - -
Investing Cash Flow $-122.30M $-75.10M $-62.00M $-111.80M $-42.10M $-36.20M
Stock Repurchased $42.00M $23.90M $700.00K $1.10M $5.90M $800.00K
Dividends Paid - $42.40M $38.80M $35.10M $31.70M $28.80M
Financing Cash Flow $-100.20M $-63.90M $-35.30M $-39.00M $-33.70M $-20.00M
Net Change in Cash $-8.70M $3.30M $85.50M $56.60M $5.30M $36.50M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $441.90M $443.40M $1.32B $1.38B
Cost of Revenue $325.20M $319.30M $957.40M $971.90M
Gross Profit $116.70M $124.10M $365.00M $406.70M
Operating Expenses $110.80M $78.50M $282.30M $269.90M
Research & Development $13.70M $13.60M $40.00M $41.60M
Selling General & Admin $71.90M $64.30M $215.80M $226.40M
Operating Income $5.90M $45.60M $82.70M $136.80M
Other Income/Expense $3.40M $-3.50M $-2.20M $100.00K
Income Before Tax $11.50M $44.80M $87.80M $143.80M
Income Tax Expense $-1.40M $11.40M $18.60M $37.80M
Net Income $12.90M $33.40M $69.20M $106.00M
Basic EPS 0.52 1.34 2.78 4.25
Diluted EPS 0.52 1.33 2.76 4.22
Basic Shares Outstanding $24.83M $24.94M $24.91M $24.93M
Diluted Shares Outstanding $24.91M $25.10M $25.05M $25.10M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $270.80M $289.20M
Accounts Receivable $349.50M $341.70M
Inventory $345.20M $301.00M
Other Current Assets $4.10M $600.00K
Total Current Assets $988.80M $956.60M
Property Plant & Equipment $278.60M $269.70M
Goodwill $399.80M $382.50M
Intangible Assets $63.30M $65.40M
Other Non-current Assets $11.00M $3.90M
Total Assets $1.80B $1.73B
Accounts Payable $162.20M $163.80M
Accrued Liabilities $167.30M $169.10M
Total Current Liabilities $356.10M $371.40M
Deferred Tax Liabilities $14.10M $23.50M
Other Non-current Liabilities $8.10M $4.20M
Total Liabilities $496.50M $518.60M
Common Stock $300.00K $300.00K
Retained Earnings $1.07B $1.02B
Treasury Stock $115.30M $93.00M
Total Stockholders Equity $1.30B $1.21B
Total Liabilities & Equity $1.80B $1.73B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $12.90M $33.40M $69.20M $106.00M
Depreciation & Amortization - - $34.20M $32.60M
Stock-based Compensation - - $5.00M $6.40M
Change in Receivables - - $-14.70M $-33.50M
Change in Inventory - - $22.20M $17.60M
Operating Cash Flow - - $76.90M $158.80M
Acquisitions - - $2.00M $200.00K
Investing Cash Flow - - $-55.90M $-41.40M
Stock Repurchased - - $23.90M $700.00K
Dividends Paid - - $20.80M $19.00M
Financing Cash Flow - - $-43.30M $-17.50M
Net Change in Cash - - $-18.40M $100.10M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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