10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-12-461957 |
| Period End Date | 20120930 |
| Filing Date | 20121109 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | tech-20120930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$455.00K | USD | Point-in-time |
| Trade accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$458.00K | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$116.67M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$79.23M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$130.81M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$77.61M | USD | Point-in-time |
| Short-term available-for-sale investments |
AvailableForSaleSecuritiesCurrent
|
$142.26M | USD | Point-in-time |
| Short-term available-for-sale investments |
AvailableForSaleSecuritiesCurrent
|
$152.31M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
36.83M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
36.83M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
36.83M | shares | Point-in-time |
| Trade accounts receivable, less allowance for doubtful accounts of $458 and $455, respectively |
AccountsReceivableNetCurrent
|
$35.12M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
36.83M | shares | Point-in-time |
| Trade accounts receivable, less allowance for doubtful accounts of $458 and $455, respectively |
AccountsReceivableNetCurrent
|
$35.67M | USD | Point-in-time |
| Other receivables |
OtherReceivablesNetCurrent
|
$2.07M | USD | Point-in-time |
| Other receivables |
OtherReceivablesNetCurrent
|
$1.79M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$38.40M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$38.28M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.77M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.50M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$346.51M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$350.14M | USD | Point-in-time |
| Available-for-sale investments |
AvailableForSaleSecuritiesNoncurrent
|
$143.97M | USD | Point-in-time |
| Available-for-sale investments |
AvailableForSaleSecuritiesNoncurrent
|
$131.71M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$94.92M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$93.79M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$85.68M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$86.94M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$46.07M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$46.48M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.84M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$2.90M | USD | Point-in-time |
| Assets, Total |
Assets
|
$719.32M | USD | Point-in-time |
| Assets, Total |
Assets
|
$712.63M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableCurrent
|
$6.54M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableCurrent
|
$6.29M | USD | Point-in-time |
| Salaries, wages and related accruals |
EmployeeRelatedLiabilitiesCurrent
|
$4.70M | USD | Point-in-time |
| Salaries, wages and related accruals |
EmployeeRelatedLiabilitiesCurrent
|
$4.54M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$7.28M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$3.10M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.25M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$2.55M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$14.23M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$6.17M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$35.75M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$22.90M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$9.12M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$9.13M | USD | Point-in-time |
| Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 36,828,834 and 36,826,364, respectively |
CommonStockValue
|
$368.00K | USD | Point-in-time |
| Common stock, par value $.01 per share; authorized 100,000,000; issued and outstanding 36,828,834 and 36,826,364, respectively |
CommonStockValue
|
$368.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$131.85M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$132.29M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$520.45M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$535.80M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$12.14M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$21.77M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$680.61M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$674.44M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$712.63M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$719.32M | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$75.03M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$77.60M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$19.21M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$19.44M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$58.39M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$55.58M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$10.33M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$10.77M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$7.45M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$6.67M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$17.44M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$17.78M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$40.95M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$37.80M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeNet
|
$728.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeNet
|
$661.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-478.00K | USD | 1 Quarter |
| Other non-operating expense, net |
OtherNonoperatingIncomeExpense
|
$-1.18M | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-447.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$183.00K | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$37.99M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$40.50M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$12.98M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$12.32M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$25.67M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$27.52M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$3.92M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-3.90M | USD | 1 Quarter |
| Unrealized gains (losses) on available-for-sale investments, net of tax of ($7,589) and ($18), respectively |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-28.00K | USD | 1 Quarter |
| Unrealized gains (losses) on available-for-sale investments, net of tax of ($7,589) and ($18), respectively |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-13.56M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-9.63M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.93M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$16.03M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$23.59M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.74 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.70 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.74 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.70 | USD | 1 Quarter |
| Cash dividends per common share: |
CommonStockDividendsPerShareCashPaid
|
$0.27 | USD | 1 Quarter |
| Cash dividends per common share: |
CommonStockDividendsPerShareCashPaid
|
$0.28 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
37.09M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.83M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
37.17M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
36.90M | shares | 1 Quarter |
Cash Flow Statement
66 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$25.67M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$27.52M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.13M | USD | 1 Quarter |
| Costs recognized on sale of acquired inventory |
FairValueWriteUpOfAcquiredInventory
|
$1.26M | USD | 1 Quarter |
| Costs recognized on sale of acquired inventory |
FairValueWriteUpOfAcquiredInventory
|
$2.15M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.07M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-777.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockOptionPlanExpense
|
$303.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockOptionPlanExpense
|
$290.00K | USD | 1 Quarter |
| Excess tax benefit from stock option exercises |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$7.00K | USD | 1 Quarter |
| Excess tax benefit from stock option exercises |
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
$1.00K | USD | 1 Quarter |
| Losses by equity method investees |
IncomeLossFromEquityMethodInvestments
|
$-198.00K | USD | 1 Quarter |
| Losses by equity method investees |
IncomeLossFromEquityMethodInvestments
|
$-41.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-107.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-19.00K | USD | 1 Quarter |
| Trade accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-1.59M | USD | 1 Quarter |
| Trade accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$-1.05M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$226.00K | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.08M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$145.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$252.00K | USD | 1 Quarter |
| Trade accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$218.00K | USD | 1 Quarter |
| Trade accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.60M | USD | 1 Quarter |
| Salaries, wages and related accruals |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$825.00K | USD | 1 Quarter |
| Salaries, wages and related accruals |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$400.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-782.00K | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-1.45M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$29.26M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$34.43M | USD | 1 Quarter |
| Purchase of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecurities
|
$44.31M | USD | 1 Quarter |
| Purchase of available-for-sale investments |
PaymentsToAcquireAvailableForSaleSecurities
|
$21.12M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$6.20M | USD | 1 Quarter |
| Proceeds from sales of available-for-sale investments |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$10.20M | USD | 1 Quarter |
| Proceeds from maturities of available-for-sale investments |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$11.60M | USD | 1 Quarter |
| Proceeds from maturities of available-for-sale investments |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$24.76M | USD | 1 Quarter |
| Increase in other long-term assets |
PaymentsForProceedsFromOtherInvestingActivities
|
$87.00K | USD | 1 Quarter |
| Increase in other long-term assets |
PaymentsForProceedsFromOtherInvestingActivities
|
- | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.52M | USD | 1 Quarter |
| Additions to property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.10M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-10.45M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.92M | USD | 1 Quarter |
| Cash dividends |
PaymentsOfDividendsCommonStock
|
$10.31M | USD | 1 Quarter |
| Cash dividends |
PaymentsOfDividendsCommonStock
|
$10.03M | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$136.00K | USD | 1 Quarter |
| Proceeds from stock option exercises |
ProceedsFromStockOptionsExercised
|
$45.00K | USD | 1 Quarter |
| Excess tax benefit from stock option exercises |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$1.00K | USD | 1 Quarter |
| Excess tax benefit from stock option exercises |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$7.00K | USD | 1 Quarter |
| Purchase of common stock for stock bonus plans |
PurchaseOfCommonStockForStockBonusPlans
|
$907.00K | USD | 1 Quarter |
| Purchase of common stock for stock bonus plans |
PurchaseOfCommonStockForStockBonusPlans
|
$573.00K | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$10.68M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-21.56M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-10.75M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.53M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-805.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$14.13M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.62M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$116.67M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$79.23M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$130.81M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$77.61M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$116.67M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$79.23M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$130.81M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$77.61M | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Unrealized gains (losses) on available-for-sale investments, tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-18.00K | USD | 1 Quarter |
| Unrealized gains (losses) on available-for-sale investments, tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-7.59M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.