Annual Income Statement (values in 000's $)

Period Ending: 12/31/2018 12/31/2017

Current Assets

Cash and Cash Equivalents 5,204,000 50,498,000

Short-Term Investments 0 0
Net Receivables 26,472,000 16,522,000
Inventory 0 0
Other Current Assets 19,751,000 12,126,000
Total Current Assets 51,427,000 79,146,000
Long-Term Assets

Long-Term Investments 6,245,000 1,560,000

Fixed Assets 139,186,000 125,222,000
Goodwill 146,370,000 105,449,000
Intangible Assets 146,758,000 114,276,000
Other Assets 41,878,000 18,444,000
Deferred Asset Charges 0 0
Total Assets 531,864,000 444,097,000
Current Liabilities

Accounts Payable 54,165,000 43,015,000

Short-Term Debt / Current Portion of Long-Term Debt 10,255,000 38,374,000
Other Current Liabilities 0 0
Total Current Liabilities 64,420,000 81,389,000
Long-Term Debt 166,250,000 125,972,000
Other Liabilities 49,451,000 51,522,000
Deferred Liability Charges 57,859,000 43,207,000
Misc. Stocks 0 0
Minority Interest 9,795,000 1,146,000
Total Liabilities 347,775,000 303,236,000
Stock Holders Equity

Common Stocks 7,621,000 6,495,000

Capital Surplus 125,525,000 89,563,000
Retained Earnings 58,753,000 50,500,000
Treasury Stock -12,059,000 -12,714,000
Other Equity 4,249,000 7,017,000
Total Equity 184,089,000 140,861,000
Total Liabilities & Equity 531,864,000 444,097,000

Annual Income Statement (values in 000's $)Get Quarterly Data

Period Ending: 12/31/2018 12/31/2017
Total Revenue 170,756,000 160,546,000
Cost of Revenue 79,419,000 77,810,000
Gross Profit 91,337,000 82,736,000
Operating Expenses

Research and Development 0 0

Sales, General and Admin. 36,811,000 38,379,000
Non-Recurring Items 0 0
Other Operating Items 28,430,000 24,387,000
26,096,000 19,970,000
Operating Income
6,782,000 1,597,000
Add'l income/expense items
Earnings Before Interest and Tax 32,830,000 21,439,000
7,957,000 6,300,000
Interest Expense
24,873,000 15,139,000
Earnings Before Tax
Income Tax 4,920,000 -14,708,000
-583,000 -397,000
Minority Interest
-48,000 -128,000
Equity Earnings/Loss Unconsolidated Subsidiary
Net Income-Cont. Operations 19,322,000 29,322,000
19,370,000 29,450,000
Net Income
19,370,000 29,450,000
Net Income Applicable to Common Shareholders

Key Profitability Ratios

Period Ending: 12/31/2018 12/31/2017
Liquidity Ratios

80% 97%
Current Ratio
Quick Ratio 80% 97%
8% 62%
Cash Ratio
Profitability Ratios

53% 52%
Gross Margin
15% 12%
Operating Margin
Pre-Tax Margin 15% 9%
11% 18%
Profit Margin
11% 21%
ROE
s $) Common Size Statements
12/31/2016 12/31/2015 Trend 12/31/2018 12/31/2017

5,788,000 5,121,000 3.05% 31.45%

0 0
16,794,000 16,532,000 15.50% 10.29%
0 0
15,787,000 14,339,000 11.57% 7.55%
38,369,000 35,992,000 30.12% 49.30%

1,674,000 1,606,000 3.66% 0.97%

124,899,000 124,450,000 81.51% 78.00%
105,207,000 104,568,000 85.72% 65.68%
116,860,000 120,710,000 85.95% 71.18%
16,812,000 15,346,000 24.53% 11.49%
0 0
403,821,000 402,672,000 311.48% 276.62%

40,744,000 40,180,000 31.72% 26.79%

9,832,000 7,636,000 6.01% 23.90%
0 0
50,576,000 47,816,000 37.73% 50.70%
113,681,000 118,515,000 97.36% 78.46%
55,326,000 56,520,000 28.96% 32.09%
60,128,000 56,181,000 33.88% 26.91%
0 0
975,000 969,000 5.74% 0.71%
280,686,000 280,001,000 203.67% 188.88%

6,495,000 6,495,000 4.46% 4.05%

89,604,000 89,763,000 73.51% 55.79%
34,734,000 33,671,000 34.41% 31.46%
-12,659,000 -12,592,000 -7.06% -7.92%
4,961,000 5,334,000 2.49% 4.37%
123,135,000 122,671,000 107.81% 87.74%
403,821,000 402,672,000 311.48% 276.62%

uarterly Data
12/31/2016 12/31/2015
163,786,000 146,801,000 100% 100%
77,190,000 67,046,000 46.51% 48.47%
86,596,000 79,755,000 53.49% 51.53%

0 0
37,206,000 32,954,000 21.56% 23.91%
 0 0
25,847,000 22,016,000 16.65% 15.19%
23,543,000 24,785,000
15.28% 12.44%
1,081,000 -52,000
3.97% 0.99%
24,722,000 24,812,000 19.23% 13.35%
4,910,000 4,120,000
4.66% 3.92%
19,812,000 20,692,000
14.57% 9.43%
6,479,000 7,005,000 2.88% -9.16%
-357,000 -342,000
-0.34% -0.25%
98,000 79,000
-0.03% -0.08%
13,074,000 13,424,000 11.32% 18.26%
12,976,000 13,345,000
11.34% 18.34%
12,976,000 13,345,000
11.34% 18.34%

12/31/2016 12/31/2015 Trends

76% 75%
76% 75%
11% 11%

53% 54%
14% 17%
12% 14%
8% 9%
11% 11%
ommon Size Statements CAGR
12/31/2016 12/31/2015

3.53% 3.49% 0.4%

10.25% 11.26% 12.5%

9.64% 9.77% 8.3%

23.43% 24.52% 9.3%

1.02% 1.09% 40.4%

76.26% 84.77% 2.8%
64.23% 71.23% 8.8%
71.35% 82.23% 5.0%
10.26% 10.45% 28.5%

246.55% 274.30% 7.2%

24.88% 27.37% 7.8%

6.00% 5.20% 7.7%

30.88% 32.57% 7.7%

69.41% 80.73% 8.8%
33.78% 38.50% -3.3%
36.71% 38.27% 0.7%

0.60% 0.66% 78.3%

171.37% 190.74% 5.6%

3.97% 4.42% 4.1%

54.71% 61.15% 8.7%
21.21% 22.94% 14.9%
-7.73% -8.58% -1.1%
3.03% 3.63% -5.5%
75.18% 83.56% 10.7%
246.55% 274.30% 7.2%

100% 100% 3.9%

47.13% 45.67% 4.3%
52.87% 54.33% 3.4%

22.72% 22.45% 2.8%

15.78% 15.00% 6.6%
14.37% 16.88% 1.3%
0.66% -0.04%
15.09% 16.90% 7.3%
3.00% 2.81% 17.9%
12.10% 14.10% 4.7%
3.96% 4.77% -8.5%
-0.22% -0.23% 14.3%
0.06% 0.05%
7.98% 9.14% 9.5%
7.92% 9.09% 9.8%
7.92% 9.09% 9.8%