10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-214861 |
| Period End Date | 20120331 |
| Filing Date | 20120507 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | pccc-20120331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$35.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.62M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$49.75M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$58.56M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$242.40M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$295.19M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$77.44M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$62.53M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$4.71M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$5.25M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$4.44M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$3.40M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$1.93M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$3.23M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$366.56M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$388.32M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$24.09M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$22.57M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$51.28M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$51.28M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$5.21M | USD | Point-in-time |
| Other intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$4.97M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$652.00K | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$720.00K | USD | Point-in-time |
| Total Assets |
Assets
|
$447.62M | USD | Point-in-time |
| Total Assets |
Assets
|
$468.02M | USD | Point-in-time |
| Current maturities of capital lease obligation to affiliate |
CapitalLeaseObligationsCurrent
|
$998.00K | USD | Point-in-time |
| Current maturities of capital lease obligation to affiliate |
CapitalLeaseObligationsCurrent
|
$971.00K | USD | Point-in-time |
| Borrowings under bank line of credit |
LinesOfCreditCurrent
|
$5.27M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$111.95M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$130.90M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$30.51M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$30.90M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$12.21M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$12.96M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$181.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$155.67M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$9.88M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$9.03M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$3.47M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$2.98M | USD | Point-in-time |
| Capital lease obligation to affiliate, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$989.00K | USD | Point-in-time |
| Capital lease obligation to affiliate, less current maturities |
CapitalLeaseObligationsNoncurrent
|
$729.00K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$194.49M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$169.26M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$276.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$276.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$100.28M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$99.96M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$187.75M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$182.27M | USD | Point-in-time |
| Treasury stock at cost |
TreasuryStockValue
|
$8.98M | USD | Point-in-time |
| Treasury stock at cost |
TreasuryStockValue
|
$9.95M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$278.36M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$273.53M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$447.62M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$468.02M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$461.93M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$498.76M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$432.15M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$403.11M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$58.82M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$66.61M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$56.45M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$51.29M | USD | 1 Quarter |
| Special charges |
PostemploymentBenefitsPeriodExpense
|
$1.14M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$9.03M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$7.53M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$41.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$46.00K | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$65.00K | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$7.55M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$9.07M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$3.06M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$3.60M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$5.47M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.49M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.17 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.17 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.21 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.44M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.90M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.59M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.99M | shares | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$5.47M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.49M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.34M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.56M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$99.00K | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$414.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$571.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$1.89M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.05M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$205.00K | USD | 1 Quarter |
| Loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-3.00K | USD | 1 Quarter |
| Loss on disposal of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$-71.00K | USD | 1 Quarter |
| Income tax benefit from stock-based compensation |
TaxBenefitFromStockOptionsExercised
|
$6.00K | USD | 1 Quarter |
| Fair value adjustment to contingent consideration |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability
|
$-10.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-23.07M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-52.69M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-6.89M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-14.91M | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$712.00K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.84M | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$104.00K | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$68.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-19.04M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-5.21M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.84M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.65M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$29.13M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$55.16M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.12M | USD | 1 Quarter |
| Purchases of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.82M | USD | 1 Quarter |
| Acquisition of ValCom Technology, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$3.75M | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.82M | USD | 1 Quarter |
| Net cash used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.87M | USD | 1 Quarter |
| Repayment of short-term borrowings |
RepaymentsOfShortTermDebt
|
$12.47M | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromShortTermDebt
|
$7.20M | USD | 1 Quarter |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$1.72M | USD | 1 Quarter |
| Repayment of capital lease obligation to affiliate |
RepaymentsOfLongTermCapitalLeaseObligations
|
$233.00K | USD | 1 Quarter |
| Repayment of capital lease obligation to affiliate |
RepaymentsOfLongTermCapitalLeaseObligations
|
$209.00K | USD | 1 Quarter |
| Exercise of stock options |
ProceedsFromStockOptionsExercised
|
$131.00K | USD | 1 Quarter |
| Exercise of stock options |
ProceedsFromStockOptionsExercised
|
$14.00K | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-7.20M | USD | 1 Quarter |
| Net cash used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-78.00K | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$45.14M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$23.19M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$35.37M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.62M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$49.75M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$58.56M | 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
|
$4.62M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$49.75M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$58.56M | USD | Point-in-time |
| Issuance of nonvested stock from treasury |
StockIssued1
|
$740.00K | USD | 1 Quarter |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$520.00K | USD | 1 Quarter |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$1.71M | USD | 1 Quarter |
| Contingent consideration included in accrued expenses and other liabilities |
LiabilitiesAssumed1
|
$2.88M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.