Optical Cable Corporation (OCC) 2015年年度报告「NASDAQ」.pdf

1、annual reportSTRONG.INNOVATIVE.COMMUNICATIONS SOLUTIONS.2015ROANOKE,VACorporate Headquarters and Fiber Optic Cable Manufacturing FacilityISO 9001:2008 registered MIL-STD-790F certifiedASHEVILLE,NCEnterprise Connectivity Manufacturing FacilityISO 9001:2008 registeredDALLAS,TXMilitary&Harsh Environmen

2、t Connectivity Manufacturing FacilityISO 9001:2008 registered MIL-STD-790F certifiedOPTICAL CABLE CORPORATION Annual Report 2015 TABLE OF CONTENTS 3 Selected Consolidated Financial Information 4 Letter from the CEO 7 Managements Discussion and Analysis of Financial Condition and Results of Operation

3、s 25 Consolidated Financial Statements 29 Notes to Consolidated Financial Statements 47 Report of Independent Registered Public Accounting Firm 48 Corporate Information 1 1 Page intentionally left blank.Optical Cable Corporation(OCC)2(1)Fiscal year 2015 includes a$2.4 million non-cash charge related

4、 to the establishment of an allowance against OCCs net deferred tax assets.The deferred tax asset valuation allowance in fiscal year 2015 increased income tax expense,increased net loss,increased net loss attributable to OCC,reduced total assets attributable to OCC and reduced total shareholders equ

5、ity attributable to OCC,in each case by$2.4 million.The deferred tax asset valuation allowance also increased the net loss per share attributable to OCC by$0.39 per share in fiscal year 2015.See Income Tax Expense in the Management Discussion and Analysis section of this annual report and Note 12 to

6、 the Consolidated Financial Statements.2015(1)2014201320122011Consolidated Statement of Operations Information:Net sales$73,569$82,978$75,266$83,523$73,339Cost of goods sold 51,773 54,506 49,354 51,970 47,048 Gross profit 21,796 28,472 25,912 31,553 26,291Selling,general and administrative expenses