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performance A VERTICAL ANALYSIS AND EXPLAIN THE MOST SIGNIFICANT CHANGES Consilidated Statements of Operations 24-Sep-22 25-Sep-21 26-Sep-20 Net sales: Product $ 316,199.00 $ 297,392.00 $
performance A VERTICAL ANALYSIS AND EXPLAIN THE MOST SIGNIFICANT CHANGES
Consilidated Statements of Operations | ||||||
24-Sep-22 | 25-Sep-21 | 26-Sep-20 | ||||
Net sales: | ||||||
Product | $ 316,199.00 | $ 297,392.00 | $ 220,747.00 | |||
Service | $ 78,129.00 | $ 68,425.00 | $ 53,768.00 | |||
Total net sales | $ 394,328.00 | $ 365,817.00 | $ 274,515.00 | |||
Cost of sales | ||||||
Products | $ 201,471.00 | $ 192,266.00 | $ 151,286.00 | |||
Service | $ 22,075.00 | $ 20,715.00 | $ 18,273.00 | |||
Total cost of sales | $ 223,546.00 | $ 212,981.00 | $ 169,559.00 | |||
Gross margin | $ 170,782.00 | $ 152,836.00 | $ 104,956.00 | |||
Operating expenses | ||||||
Reserch and development | $ 26,251.00 | $ 21,914.00 | $ 18,752.00 | |||
Selling, general and administrative | $ 25,094.00 | $ 21,973.00 | $ 19,916.00 | |||
Total operating expenses | $ 51,345.00 | $ 43,887.00 | $ 38,668.00 | |||
Operating income | $ 119,437.00 | $ 108,949.00 | $ 66,288.00 | |||
Other income/(expenses), net | $ (334.00) | $ 258.00 | $ 803.00 | |||
Income before provision for income taxes | $ 119,103.00 | $ 109,207.00 | $ 67,091.00 | |||
Provision for income taxes | $ 19,300.00 | $ 14,257.00 | $ 9,680.00 | |||
Net income | $ 99,803.00 | $ 94,680.00 | $ 57,411.00 | |||
Earning per share | ||||||
Basic | $ 6.15 | $ 5.67 | $ 3.31 | |||
Diluted | $ 6.11 | $ 5.61 | $ 3.28 | |||
Shares used in coputing earning per share | ||||||
Basic | $ 16,215,963.00 | $ 16,701,272.00 | $ 17,352,119.00 | |||
Diluted | $ 16,325,819.00 | $ 16,864,919.00 | $ 17,528,214.00 | |||
CONSOLIDATED BALANCE SHEETS | ||||||
Assets: | ||||||
24-Sep-22 | 25-Sep-21 | 26-Sep-20 | ||||
Current assets | ||||||
Cash and cash equivalents | $ 23,646.00 | $ 34,940.00 | $ 38,016.00 | |||
Marketable securities | $ 24,658.00 | $ 27,699.00 | $ 52,927.00 | |||
Accounts recivables, net | $ 28,184.00 | $ 26,278.00 | $ 16,120.00 | |||
Inventories | $ 4,946.00 | $ 6,580.00 | $ 4,061.00 | |||
Vendor non-trade recivables | $ 32,748.00 | $ 25,228.00 | $ 21,325.00 | |||
Other current assests | $ 21,223.00 | $ 14,111.00 | $ 11,264.00 | |||
Total assets | $ 135,405.00 | $ 134,836.00 | $ 143,713.00 | |||
Non-current assets: | ||||||
Marketable secrities | $ 120,805.00 | $ 127,877.00 | $ 100,887.00 | |||
Property, plant and equipment, net | $ 42,117.00 | $ 39,440.00 | $ 36,766.00 | |||
Other non-current assets | $ 54,428.00 | $ 48,849.00 | $ 42,522.00 | |||
Total non_current assets | $ 217,350.00 | $ 216,166.00 | $ 180,175.00 | |||
Total assets | $ 352,755.00 | $ 351,002.00 | $ 323,888.00 | |||
liabilities ans shareholder's equity | ||||||
Current Liabilities | ||||||
Account payable | $ 64,115.00 | $ 54,763.00 | $ 42,296.00 | |||
Other current liabilities | $ 60,845.00 | $ 47,493.00 | $ 42,684.00 | |||
Deferred revenue | $ 7,912.00 | $ 7,612.00 | $ 6,643.00 | |||
cimmercial paper | $ 9,982.00 | $ 6,000.00 | $ 4,996.00 | |||
term debt | $ 11,128.00 | $ 9,613.00 | $ 8,773.00 | |||
Total current liabilities | $ 153,982.00 | $ 125,481.00 | $ 105,392.00 | |||
Non-current liabilities | ||||||
Term debt | $ 98,959.00 | $ 109,106.00 | $ 98,667.00 | |||
Other non-current liabilities | $ 49,142.00 | $ 53,325.00 | $ 54,490.00 | |||
Total non-current liabilities | $ 148,101.00 | $ 162,431.00 | $ 153,157.00 | |||
Total liabilities | $ 302,083.00 | $ 287,912.00 | $ 258,549.00 | |||
Commitment and contingencies | ||||||
Shareholdes' equity: | ||||||
Common stock and additional paid-in capital, $0.00001 par value: 50,400,000 shares authorized; 15,943,425 and 16,426,786 shares issued and outstanding, respectively | $ 64,849.00 | $ 57,365.00 | $ 50,779.00 | |||
Retained earnings/(Accumulated deficit) | $ (3,068.00) | $ 5,562.00 | $ 14,966.00 | |||
Accumulated other comprehensive income/(loss) | $ (11,109.00) | $ 163.00 | $ (406.00) | |||
Total shareholders' equity | $ 50,672.00 | $ 63,090.00 | $ 65,339.00 | |||
Total liabilities and shareholders' equity | $ 352,755.00 | $ 351,002.00 | $ 323,888.00 | |||
Dividends and dividend equivalents declared per share or RSU |
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