No non-recurring items which they failed to mention in earnings release (this has happened before). They say they gave 60k options in March, but I can't find any sign of this in insider trading or SEC sites. One thing that bothers me a bit is that options have been for 10 years, yet they assume a life of only 3-5 years.
They still have $6.2/shr in excess cash. That adjusts for a 2/1 current ratio. Even after the capex and acquisition the cash is higher than last year. Still very cheap. $2.20/shr of after tax cash flow. subtracting out excess cash, and adding back lt debt, the cash flow multiple is only 6.7x. Only 5.2x EBITDA!!