Gross profit (Q1, 2017)78.2 M

Gross profit margin (Q1, 2017), %15%

Net income (Q1, 2017)4 M

EBIT (Q1, 2017)4.5 M

Cash, 31-Mar-20177.8 M

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Revenue | 1.4 b | 1.4 b | 1.7 b | 2.3 b |

## Revenue growth, % | (5%) | 23% | 35% | |

## Cost of goods sold | 1.2 b | 1.2 b | 1.4 b | 1.9 b |

## Gross profit | 253.7 m | 192.1 m | 224.3 m | 318.8 m |

## Gross profit Margin, % | 18% | 14% | 13% | 14% |

## General and administrative expense | 284 m | |||

## Operating expense total | 284 m | |||

## EBIT | 17.3 m | 15.7 m | (25.5 m) | 34.8 m |

## EBIT margin, % | 1% | 1% | (2%) | 2% |

## Interest expense | 3.3 m | 3.2 m | 3.9 m | 6.1 m |

## Pre tax profit | 14 m | 12.5 m | (29.3 m) | 28.7 m |

## Income tax expense | 6.2 m | 5.5 m | (11.4 m) | 11.1 m |

## Net Income | 8.1 m | 5.5 m | (18.3 m) | 17.6 m |

- Source: SEC Filings

USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 339.6 m | 339.1 m | 296 m | 478.9 m | 404.9 m | 498 m | 581 m | 584.9 m | 524.4 m |

## Cost of goods sold | 291 m | 293.6 m | 256.9 m | 416.9 m | 344.8 m | 427.7 m | 498 m | 502.3 m | 446.2 m |

## Gross profit | 48.6 m | 45.5 m | 39.1 m | 62 m | 60.1 m | 70.3 m | 83 m | 82.7 m | 78.2 m |

## Gross profit Margin, % | 14% | 13% | 13% | 13% | 15% | 14% | 14% | 14% | 15% |

## General and administrative expense | 44.8 m | 44.3 m | 44.3 m | 61.1 m | 59.2 m | 68.8 m | 69.6 m | 72 m | 73.7 m |

## Operating expense total | 44.8 m | 44.3 m | 44.3 m | 61.1 m | 59.2 m | 68.8 m | 69.6 m | 72 m | 73.7 m |

## EBIT | 3.9 m | 1.2 m | (5.2 m) | 850 k | 956 k | 1.5 m | 13.4 m | 10.7 m | 4.5 m |

## EBIT margin, % | 1% | 0% | (2%) | 0% | 0% | 0% | 2% | 2% | 1% |

## Interest expense | 750 k | 688 k | 771 k | 872 k | 1 m | 1.5 m | 1.5 m | 1.6 m | 1.7 m |

## Pre tax profit | 3.1 m | 481 k | (6 m) | (22 k) | (62 k) | 45 k | 11.9 m | 9.1 m | 3 m |

## Income tax expense | 1.3 m | 327 k | (2.5 m) | (197 k) | 421 k | (111 k) | 4.5 m | 3.8 m | 1.1 m |

## Net Income | 1.1 m | (140 k) | (3.6 m) | 249 k | (785 k) | 156 k | 7.4 m | 5.3 m | 4 m |

- Source: SEC Filings

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Cash | 10 m | 8.9 m | 11.2 m | 7.2 m |

## Inventories | 117 m | 50.7 m | 55.4 m | 80.9 m |

## Current Assets | 340.5 m | 279.1 m | 435.7 m | 472.6 m |

## PP&E | 56.6 m | 74.4 m | 56.8 m | 56.4 m |

## Goodwill | 25.5 m | 25.5 m | 80.6 m | 83.4 m |

## Total Assets | 434.8 m | 389.2 m | 600.2 m | 633 m |

## Accounts Payable | 131 m | 122.3 m | 201.5 m | 276.5 m |

## Short-term debt | 1.2 m | 22.4 m | 21.5 m | 18.8 m |

## Current Liabilities | 282.9 m | 215.6 m | 444.9 m | 474.7 m |

## Long-term debt | 110.5 m | 52.8 m | 21.5 m | 18.8 m |

## Total Debt | 111.7 m | 75.2 m | 42.9 m | 37.5 m |

## Total Liabilities | 504.5 m | |||

## Additional Paid-in Capital | 115.8 m | 120.9 m | 122.9 m | 127.8 m |

## Retained Earnings | 23.5 m | 28.9 m | 10.7 m | 28.3 m |

## Total Equity | 125.8 m | 133.3 m | 109.5 m | 128.5 m |

## Debt to Equity Ratio | 0.9 x | 0.6 x | 0.4 x | 0.3 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.1 x | 0.1 x |

## Financial Leverage | 3.5 x | 2.9 x | 5.5 x | 4.9 x |

USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 6.7 m | 5.5 m | 7.3 m | 6.9 m | 9 m | 9.1 m | 9.2 m | 9.9 m | 7.8 m |

## Inventories | 49.5 m | 45 m | 42.9 m | 48.9 m | 46.5 m | 56.7 m | 85.5 m | 79 m | 66.4 m |

## Current Assets | 262.5 m | 272.5 m | 253.1 m | 465.9 m | 388.7 m | 432 m | 528.6 m | 499.9 m | 446.6 m |

## PP&E | 70.1 m | 71.4 m | 86.1 m | 83.9 m | 78.2 m | 55.6 m | 54.9 m | 55.1 m | 60 m |

## Goodwill | 25.5 m | 25.5 m | 25.5 m | 66.1 m | 64.7 m | 81.3 m | 81.5 m | 81.4 m | 83.4 m |

## Total Assets | 367.4 m | 379 m | 375.7 m | 635.5 m | 548.6 m | 595.6 m | 688.5 m | 658.5 m | 611 m |

## Accounts Payable | 95.5 m | 112 m | 117.5 m | 294.2 m | 205 m | 233.1 m | 339.2 m | 280.9 m | 241.5 m |

## Short-term debt | 36.7 m | 30.8 m | 20.3 m | 19.8 m | 27.3 m | 21.3 m | |||

## Current Liabilities | 199.9 m | 211.3 m | 199.9 m | 435.9 m | 362.3 m | 444.6 m | 535.3 m | 494.5 m | 447 m |

## Long-term debt | 52.7 m | 55.5 m | 49.2 m | 36.7 m | 30.8 m | 20.3 m | 19.8 m | 27.3 m | 21.3 m |

## Additional Paid-in Capital | 119.7 m | 120.5 m | 121.3 m | 122.1 m | 122.6 m | 123.6 m | 124.4 m | 126.1 m | 132.6 m |

## Retained Earnings | 27.5 m | 27.3 m | 25.4 m | 25.6 m | 24.8 m | 10.8 m | 18.2 m | 23.5 m | 32.2 m |

## Total Equity | 133.2 m | 132.7 m | 128.6 m | 127.5 m | 124.1 m | 109.2 m | 115.6 m | 122.4 m | 137.3 m |

## Financial Leverage | 2.8 x | 2.9 x | 2.9 x | 5 x | 4.4 x | 5.5 x | 6 x | 5.4 x | 4.4 x |

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
---|---|---|---|---|

## Net Income | 8.1 m | 5.5 m | (18.3 m) | 17.6 m |

## Depreciation and Amortization | 11.8 m | 11.9 m | 12.2 m | 15.8 m |

## Accounts Receivable | (6 m) | (3.5 m) | (130 m) | (17.4 m) |

## Inventories | (48 m) | 66.3 m | 1.7 m | (25.6 m) |

## Accounts Payable | 31 m | (8.6 m) | 54.3 m | 87.7 m |

## Cash From Operating Activities | 922 k | 73.3 m | (52.4 m) | 95.6 m |

## Purchases of PP&E | (15.5 m) | (26.7 m) | (21.4 m) | (8.7 m) |

## Cash From Investing Activities | (15.5 m) | (26.7 m) | (66.2 m) | (10.8 m) |

## Cash From Financing Activities | 18.4 m | (47.2 m) | 122.2 m | (89.1 m) |

## Interest Paid | 3.2 m | 3.4 m | 3.6 m | 5.4 m |

## Income Taxes Paid | 3 m | 6.2 m | (5 m) | 7.3 m |

USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 1.1 m | (140 k) | (3.6 m) | 249 k | (785 k) | 156 k | 7.4 m | 5.3 m | 4 m |

## Depreciation and Amortization | 2.7 m | ||||||||

## Accounts Receivable | 11.6 m | ||||||||

## Inventories | 49.5 m | 45 m | 7.8 m | 48.9 m | 46.5 m | 56.7 m | 85.5 m | 79 m | 66.4 m |

## Accounts Payable | 95.5 m | 112 m | (5.6 m) | 294.2 m | 205 m | 233.1 m | 339.2 m | 280.9 m | 241.5 m |

## Cash From Operating Activities | 8.5 m | ||||||||

## Purchases of PP&E | (13.9 m) | ||||||||

## Cash From Investing Activities | (13.9 m) | ||||||||

## Cash From Financing Activities | 4.2 m | ||||||||

## Interest Paid | 788 k | ||||||||

## Income Taxes Paid | 215 k |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 143.1 k |

## Financial Leverage | 4.4 x |