ndustry Balance sheet (000) 2014 2015 2016 Average Cash 1,512 6.81% 1,176 3.6% 1,097 2.3% 6% Accounts receivable 6,237 28.1% Inventories 4,536 20.4% 7,838 23.8% 12,570 26.4% 31% 16065 72.3% 24,425 74.2% 36 426 76.4% 62% Total current assets 6,300 28.4% 9,080 27.6% 12,918 27.1% 37% Gross fixed assets Less: Accumulated depreciation 2,050 9.2% 2958 9.0% 4,250 8.9% 9% 567 2.6% 588 1.8% 605 1.3% 4% Intangible assets 1.323 6.0% 1790 5.4% 1.985 4.2% 6% All other noncurrent assets 22,205 100.0 Liabilities and Stockholders Equity Current liabilities Notes payable Current maturities- L.TD 3,570 16.1% 5,958 18.1% 9,955 20.9% 16% Accounts payable 0.7% Income taxes payable 0.4% 336 1.0% 336 5,016 10.5% 8% Accruals 995 9.0% 50.1% 36% Total current liabilities 7,862 35.4% 23,876 2,940 13.2% 6,100 18.5% 9,350 19.6% 13x Long-term debt Total Liabilities 10,802 48.6% 20,457 62.1% 33,226 69.7% 61% Stockholder's equity Common 2.100 9.5% 2,100 6.4% 2,100 4.4% Paid-in capital 8,998 18. Retained earnings 14.458 30.3% 39% Total stockholders' equity Total liabilities & eguity f725 1771 18.43 Market price per common share 2014 2015 2016 Average Income Statement S of Sales S of Sales S of Sales 50,400 100% 65,100 100% 81,312 100% 100.0% Sales Revenue (All Sales are on account) Less Cost of Goods Sold Gross profit 14,969 29.7% 19228 29.5% 24,214 29.8% 28.5% Less Operating Expenses Gen & Admin and Selling Depreciation Expense 630 1.3% 908 1.4% 1.292 1.6% 3.4% Total Operating Expenses Operating Income (EBIT) 2,008 4.0% 3221 4,9% 5,626 6.9% 5.5% 335 0.7% 756 1.2% 1.343 1.7% 1.1% Less Interest Expense Earnings before taxes (EBT) 1,673 3.3% 2,465 3,8% 4,283 5.3% 4.4% Less Income Taxes (34%) 569 1.1% 838 1.3% 1 456 1.8% 1.8% 1.104 2.2% 1.627 2.5% 2.827 3.5% 6.9% Net Income 314 562 837 Common Stock Dividends (000) Number shares common stock (000) 1.120 1,120 1,120 Earnings per Common Share (EPS) 0.99 17.25 Market price per common share