1、2018CONNECTIONS YOU CAN COUNT ON.OCC INNOVATIONFrom the development of our first cables through our current product offering,which ranks among the industrys most comprehensive,Optical Cable Corporation(OCC)is a company that provides uncompromising product quality and performance,with solutions for a
2、 multitude of markets and applications.NOT JUST PRODUCTSSOLUTIONSAs an industry leader,OCC delivers innovative solutions and products designed to be smarter than the most challenging situations and tougher than the harshest environments.Our customers count on us to ensure the highest transmission pe
3、rformance and for products tested beyond industry standards.Thats why some of the worlds top corporations,universities,hospitals,broadcasters,data centers,industrial facilities,and military operations worldwide choose OCC.For critical communication solutions,OCC provides connections you can count on
4、.OPTICAL CABLE CORPORATION Annual Report 2018 1 Optical Cable Corporation(OCC)TABLE OF CONTENTS 3 Selected Consolidated Financial Information 4 Letter from the CEO 7 Managements Discussion and Analysis of Financial Condition and Results of Operations 23 Consolidated Financial Statements 27 Notes to
5、Consolidated Financial Statements 45 Report of Independent Registered Public Accounting Firm 46 Corporate Information Optical Cable Corporation(OCC)2 Page intentionally left blank.3 Optical Cable Corporation(OCC)2018201720162015(1)2014Consolidated Statement of Operations Information:Net sales$87,828
6、$64,093$64,616$73,569$82,978Cost of goods sold59,95543,29544,89151,77354,506Gross profit27,87320,79819,72521,79628,472Selling,general and administrative expenses26,13121,96920,76124,04326,989Royalty(income)expense,net(33)120164124110Amortization of intangible assets3526171141Income(loss)from operati