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10-Q Filing

PC CONNECTION INC CIK: 1050377 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-13-198214
Period End Date 20130331
Filing Date 20130503
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance pccc-20130331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $39.91M 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 $58.53M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $236.28M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $267.31M USD Point-in-time
Inventories InventoryNet $69.64M USD Point-in-time
Inventories InventoryNet $59.59M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $5.25M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $5.25M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $5.13M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $3.93M USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $204.00K USD Point-in-time
Income taxes receivable IncomeTaxesReceivable $434.00K USD Point-in-time
Total current assets AssetsCurrent $386.47M USD Point-in-time
Total current assets AssetsCurrent $364.99M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $26.10M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $26.55M USD Point-in-time
Goodwill Goodwill $51.28M USD Point-in-time
Goodwill Goodwill $51.28M USD Point-in-time
Other intangibles, net OtherIntangibleAssetsNet $3.76M USD Point-in-time
Other intangibles, net OtherIntangibleAssetsNet $3.53M USD Point-in-time
Other assets OtherAssetsNoncurrent $714.00K USD Point-in-time
Other assets OtherAssetsNoncurrent $703.00K USD Point-in-time
Total Assets Assets $447.05M USD Point-in-time
Total Assets Assets $468.32M USD Point-in-time
Current maturities of capital lease obligation to affiliate CapitalLeaseObligationsCurrent $729.00K USD Point-in-time
Current maturities of capital lease obligation to affiliate CapitalLeaseObligationsCurrent $989.00K USD Point-in-time
Accounts payable AccountsPayableCurrent $94.61M USD Point-in-time
Accounts payable AccountsPayableCurrent $126.11M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesAndOtherLiabilities $27.01M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesAndOtherLiabilities $22.56M USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $12.20M USD Point-in-time
Accrued payroll EmployeeRelatedLiabilitiesCurrent $13.82M USD Point-in-time
Total current liabilities LiabilitiesCurrent $163.49M USD Point-in-time
Total current liabilities LiabilitiesCurrent $134.55M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $10.51M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $10.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $3.02M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $3.01M USD Point-in-time
Total Liabilities Liabilities $177.02M USD Point-in-time
Total Liabilities Liabilities $147.97M USD Point-in-time
Common stock CommonStockValue $280.00K USD Point-in-time
Common stock CommonStockValue $278.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $103.42M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $101.73M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $205.27M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $211.37M USD Point-in-time
Treasury stock at cost TreasuryStockValue $15.98M USD Point-in-time
Treasury stock at cost TreasuryStockValue $15.98M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $291.30M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $299.08M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $447.05M USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $468.32M USD Point-in-time
Income Statement 27 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $505.42M USD 1 Quarter
Net sales SalesRevenueNet $498.76M USD 1 Quarter
Cost of sales CostOfRevenue $438.58M USD 1 Quarter
Cost of sales CostOfRevenue $432.15M USD 1 Quarter
Gross profit GrossProfit $66.84M 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 $56.71M USD 1 Quarter
Special charges OtherNonrecurringExpense $1.14M USD 1 Quarter
Income from operations OperatingIncomeLoss $9.03M USD 1 Quarter
Income from operations OperatingIncomeLoss $10.12M USD 1 Quarter
Interest expense and other, net NonoperatingIncomeExpense $46.00K USD 1 Quarter
Interest expense and other, net NonoperatingIncomeExpense $-50.00K USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $9.07M USD 1 Quarter
Income before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $10.07M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $3.98M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $3.60M USD 1 Quarter
Net income NetIncomeLoss $6.10M USD 1 Quarter
Net income NetIncomeLoss $5.47M USD 1 Quarter
Basic EarningsPerShareBasic $0.21 USD 1 Quarter
Basic EarningsPerShareBasic $0.23 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.23 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.21 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 26.44M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 26.00M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 26.59M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 26.27M shares 1 Quarter
Cash Flow Statement 57 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $6.10M USD 1 Quarter
Net income NetIncomeLoss $5.47M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $1.56M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $1.63M USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $99.00K USD 1 Quarter
Provision for doubtful accounts ProvisionForDoubtfulAccounts $202.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-111.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $1.89M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $148.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $1.05M USD 1 Quarter
Loss on disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment $-5.00K USD 1 Quarter
Loss on disposal of fixed assets GainLossOnSaleOfPropertyPlantEquipment $-71.00K USD 1 Quarter
Income tax benefit from stock-based compensation TaxBenefitFromStockOptionsExercised1 $6.00K USD 1 Quarter
Income tax benefit from stock-based compensation TaxBenefitFromStockOptionsExercised1 $155.00K USD 1 Quarter
Fair value adjustment to contingent consideration BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability $-10.00K USD 1 Quarter
Excess tax benefit from exercise of stock options ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $216.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-52.69M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-30.83M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-10.04M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-14.91M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $970.00K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $1.84M USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $68.00K USD 1 Quarter
Other non-current assets IncreaseDecreaseInOtherNoncurrentAssets $-11.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-19.04M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-31.61M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $2.82M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-1.65M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $55.16M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.03M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.75M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.82M USD 1 Quarter
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-2.82M USD 1 Quarter
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-1.75M 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
Exercise of stock options ProceedsFromStockOptionsExercised $1.38M USD 1 Quarter
Exercise of stock options ProceedsFromStockOptionsExercised $14.00K USD 1 Quarter
Repayment of capital lease obligation to affiliate RepaymentsOfLongTermCapitalLeaseObligations $233.00K USD 1 Quarter
Repayment of capital lease obligation to affiliate RepaymentsOfLongTermCapitalLeaseObligations $260.00K USD 1 Quarter
Excess tax benefit from exercise of stock options ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $216.00K USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $1.34M USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $-7.20M USD 1 Quarter
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $18.62M USD 1 Quarter
Increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $45.14M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $39.91M 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 $58.53M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $39.91M 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 $58.53M USD Point-in-time
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $356.00K USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $520.00K USD 1 Quarter
Issuance of nonvested stock from treasury StockIssued1 $740.00K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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