10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-11-302379 |
| Period End Date | 20110930 |
| Filing Date | 20111108 |
| Fiscal Year | 2011 |
| Fiscal Period | Q3 |
| XBRL Instance | pccc-20110930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$35.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$40.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$46.30M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$238.01M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$269.92M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$74.29M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$72.97M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$3.81M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$4.52M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$3.93M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.21M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$1.49M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$250.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$391.35M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$357.19M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$21.91M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$13.50M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$48.06M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$51.28M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.79M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.39M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$405.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$590.00K | USD | Point-in-time |
| Total Assets |
Assets
|
$420.94M | USD | Point-in-time |
| Total Assets |
Assets
|
$470.51M | USD | Point-in-time |
| Current maturities of capital lease obligation to affiliate |
CapitalLeaseObligationsCurrent
|
$870.00K | USD | Point-in-time |
| Current maturities of capital lease obligation to affiliate |
CapitalLeaseObligationsCurrent
|
$945.00K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$114.63M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$138.82M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$23.96M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$26.61M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$13.79M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$12.65M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$152.12M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$180.16M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$5.82M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$8.46M | USD | Point-in-time |
| Capital lease obligation to affiliate, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$1.24M | USD | Point-in-time |
| Capital lease obligation to affiliate, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$1.96M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$4.55M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$3.40M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$163.30M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$194.41M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$276.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$275.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$99.37M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$98.87M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$164.07M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$185.44M | USD | Point-in-time |
| Treasury stock at cost |
TreasuryStockValue
|
$5.58M | USD | Point-in-time |
| Treasury stock at cost |
TreasuryStockValue
|
$8.98M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$257.64M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$276.10M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$470.51M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$420.94M | USD | Point-in-time |
Income Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$1.55B | USD | 3 Qtrs |
| Net sales |
SalesRevenueNet
|
$532.83M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$575.65M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$1.42B | USD | 3 Qtrs |
| Cost of sales |
CostOfRevenue
|
$470.86M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$1.25B | USD | 3 Qtrs |
| Cost of sales |
CostOfRevenue
|
$1.35B | USD | 3 Qtrs |
| Cost of sales |
CostOfRevenue
|
$505.21M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$70.44M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$61.97M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$166.60M | USD | 3 Qtrs |
| Gross profit |
GrossProfit
|
$196.15M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$54.55M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$160.32M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$139.62M | USD | 3 Qtrs |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$47.64M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$15.88M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$35.83M | USD | 3 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$14.33M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$26.99M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$221.00K | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$111.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$93.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$305.00K | USD | 3 Qtrs |
| Other, net |
OtherNonoperatingIncomeExpense
|
$129.00K | USD | 3 Qtrs |
| Other, net |
OtherNonoperatingIncomeExpense
|
$159.00K | USD | 3 Qtrs |
| Other, net |
OtherNonoperatingIncomeExpense
|
$49.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$32.00K | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$15.82M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$35.74M | USD | 3 Qtrs |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$14.27M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$26.84M | USD | 3 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$10.76M | USD | 3 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$6.43M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$14.38M | USD | 3 Qtrs |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$5.64M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$21.36M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$8.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$9.39M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$16.08M | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$0.35 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.59 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.80 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$0.35 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.59 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$0.80 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.94M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.79M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
27.07M | shares | 3 Qtrs |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.61M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.86M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
27.11M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.98M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.69M | shares | 1 Quarter |
Cash Flow Statement
63 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$21.36M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$8.63M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$9.39M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$16.08M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.38M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$4.15M | USD | 3 Qtrs |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$1.76M | USD | 3 Qtrs |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$1.74M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.26M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.93M | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$698.00K | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.10M | USD | 3 Qtrs |
| Fair value adjustment to contingent consideration |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability
|
$20.00K | USD | 3 Qtrs |
| Income tax benefit (deficiency) from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$-68.00K | USD | 3 Qtrs |
| Income tax benefit (deficiency) from stock-based compensation |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$18.00K | USD | 3 Qtrs |
| Loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-13.00K | USD | 3 Qtrs |
| Loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-6.00K | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$40.35M | USD | 3 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$30.41M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.62M | USD | 3 Qtrs |
| Inventories |
IncreaseDecreaseInInventories
|
$14.04M | USD | 3 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.79M | USD | 3 Qtrs |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.47M | USD | 3 Qtrs |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-71.00K | USD | 3 Qtrs |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$157.00K | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$22.10M | USD | 3 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$24.68M | USD | 3 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$7.68M | USD | 3 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-2.76M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.37M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$890.00K | USD | 3 Qtrs |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.35M | USD | 3 Qtrs |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$8.48M | USD | 3 Qtrs |
| Acquisition of ValCom Technology, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$4.75M | USD | 3 Qtrs |
| Purchase of intangible asset |
PaymentsToAcquireIntangibleAssets
|
$450.00K | USD | 3 Qtrs |
| Purchase of intangible asset |
PaymentsToAcquireIntangibleAssets
|
$800.00K | USD | 3 Qtrs |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$6.00K | USD | 3 Qtrs |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-13.68M | USD | 3 Qtrs |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.14M | USD | 3 Qtrs |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$4.03M | USD | 3 Qtrs |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$3.07M | USD | 3 Qtrs |
| Repayment of capital lease obligation to affiliate |
RepaymentsOfLongTermCapitalLeaseObligations
|
$576.00K | USD | 3 Qtrs |
| Repayment of capital lease obligation to affiliate |
RepaymentsOfLongTermCapitalLeaseObligations
|
$643.00K | USD | 3 Qtrs |
| Issuance of stock under Employee Stock Purchase Plan |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
$183.00K | USD | 3 Qtrs |
| Issuance of stock under Employee Stock Purchase Plan |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
$135.00K | USD | 3 Qtrs |
| Exercise of stock options |
ProceedsFromStockOptionsExercised
|
$183.00K | USD | 3 Qtrs |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.31M | USD | 3 Qtrs |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-3.51M | USD | 3 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$4.39M | USD | 3 Qtrs |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-5.76M | USD | 3 Qtrs |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$39.76M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.37M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.53M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$46.30M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$39.76M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.37M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$40.53M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$46.30M | USD | Point-in-time |
| Contingent consideration included in accrued expenses and other liabilities |
ContingentConsiderationIncludedInAccruedExpensesAndOtherLiabilities
|
$1.90M | USD | 3 Qtrs |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$3.12M | USD | 3 Qtrs |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$746.00K | USD | 3 Qtrs |
| Issuance of nonvested stock from treasury |
IssuanceOfNonvestedStockFromTreasury
|
$633.00K | USD | 3 Qtrs |
| Issuance of nonvested stock from treasury |
IssuanceOfNonvestedStockFromTreasury
|
$820.00K | USD | 3 Qtrs |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, value |
StockholdersEquity
|
$257.64M | USD | Point-in-time |
| Balance, value |
StockholdersEquity
|
$276.10M | USD | Point-in-time |
| Stock-based compensation expense |
ShareBasedCompensation
|
$698.00K | USD | 3 Qtrs |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.10M | USD | 3 Qtrs |
| Issuance of common stock under Employee Stock Purchase Plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$183.00K | USD | 3 Qtrs |
| Tax benefit from stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$-68.00K | USD | 3 Qtrs |
| Repurchase of common stock for treasury |
TreasuryStockValueAcquiredCostMethod
|
$4.03M | USD | 3 Qtrs |
| Issuance of common stock under stock incentive plans |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$183.00K | USD | 3 Qtrs |
| Net income and comprehensive income |
NetIncomeLoss
|
$21.36M | USD | 3 Qtrs |
| Net income and comprehensive income |
NetIncomeLoss
|
$8.63M | USD | 1 Quarter |
| Net income and comprehensive income |
NetIncomeLoss
|
$9.39M | USD | 1 Quarter |
| Net income and comprehensive income |
NetIncomeLoss
|
$16.08M | USD | 3 Qtrs |
| Balance, value |
StockholdersEquity
|
$257.64M | USD | Point-in-time |
| Balance, value |
StockholdersEquity
|
$276.10M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.