$AESI
Atlas Energy Solutions Inc.

2024 Q2 Form 10-Q Financial Statement

#000095017024055827 Filed on May 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q4
Revenue $287.5M $192.7M $141.1M
YoY Change 77.71% 25.58% -5.82%
Cost Of Revenue $78.19M
YoY Change 4.15%
Gross Profit $60.36M $68.75M $62.95M
YoY Change -32.07% -16.51% -15.84%
Gross Profit Margin 20.99% 35.68% 44.6%
Selling, General & Admin $27.27M $29.07M $13.65M
YoY Change 123.8% 241.83% 72.69%
% of Gross Profit 45.18% 42.28% 21.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.03M $17.18M $12.27M
YoY Change 155.01% 94.99% 51.64%
% of Gross Profit 41.47% 24.98% 19.49%
Operating Expenses $27.27M $29.07M $13.65M
YoY Change 123.8% 241.83% 72.69%
Operating Profit $28.22M $39.68M $49.30M
YoY Change -63.19% -46.27% -26.3%
Interest Expense $10.46M $4.978M -$2.230M
YoY Change -2107.29% -244.63% -44.11%
% of Operating Profit 37.05% 12.55% -4.52%
Other Income/Expense, Net $138.0K $23.00K -$8.000K
YoY Change 16.95% -87.5% -106.61%
Pretax Income $17.90M $34.72M $47.06M
YoY Change -76.53% -50.81% -25.32%
Income Tax $3.100M $7.900M $11.01M
% Of Pretax Income 17.32% 22.75% 23.4%
Net Earnings $14.84M $26.79M $35.74M
YoY Change -61.48% 1444.81% -42.9%
Net Earnings / Revenue 5.16% 13.9% 25.32%
Basic Earnings Per Share $0.13 $0.26
Diluted Earnings Per Share $0.13 $0.26 $0.36
COMMON SHARES
Basic Shares Outstanding 109.9M 100.0M 100.0M
Diluted Shares Outstanding 112.0M 103.8M

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $210.2M
YoY Change 156.28%
Cash & Equivalents $104.7M $187.1M $210.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $18.78M $13.91M $6.449M
Prepaid Expenses $15.40M
Receivables $197.1M $185.8M $71.17M
Other Receivables $0.00
Total Short-Term Assets $365.2M $425.5M $318.7M
YoY Change -19.62% -9.59% 78.3%
LONG-TERM ASSETS
Property, Plant & Equipment $1.403B $1.288B $934.7M
YoY Change 89.44% 104.0% 72.6%
Goodwill $75.22M $91.17M $0.00
YoY Change
Intangibles $112.4M $112.5M $1.767M
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.451M $3.686M $4.189M
YoY Change -2.43% 75.61% -44.31%
Total Long-Term Assets $1.617B $1.516B $943.0M
YoY Change 117.26% 139.44% 64.78%
TOTAL ASSETS
Total Short-Term Assets $365.2M $425.5M $318.7M
Total Long-Term Assets $1.617B $1.516B $943.0M
Total Assets $1.982B $1.942B $1.262B
YoY Change 65.38% 75.9% 68.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $103.8M $102.1M $60.88M
YoY Change 116.81% 195.76% 92.39%
Accrued Expenses $72.62M $43.43M $28.46M
YoY Change 38.09% 11.64% -7.09%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $30.55M $24.13M $0.00
YoY Change -16.52% -18.74% -100.0%
Total Short-Term Liabilities $239.3M $190.1M $92.59M
YoY Change 69.49% 82.41% 4.42%
LONG-TERM LIABILITIES
Long-Term Debt $447.5M $457.2M $172.8M
YoY Change 234.72% 235.06% 36.52%
Other Long-Term Liabilities $1.209M $28.53M $6.921M
YoY Change -78.15% 437.49% -69.2%
Total Long-Term Liabilities $448.7M $485.7M $179.7M
YoY Change 222.28% 242.64% 20.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $239.3M $190.1M $92.59M
Total Long-Term Liabilities $448.7M $485.7M $179.7M
Total Liabilities $920.4M $875.3M $393.9M
YoY Change -17.97% -16.44% 64.35%
SHAREHOLDERS EQUITY
Retained Earnings $369.0K -$14.47M -$41.26M
YoY Change
Common Stock $1.098M $1.098M $1.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.062B $1.066B $867.8M
YoY Change
Total Liabilities & Shareholders Equity $1.982B $1.942B $1.262B
YoY Change 65.38% 75.9% 68.0%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $14.84M $26.79M $35.74M
YoY Change -61.48% 1444.81% -42.9%
Depreciation, Depletion And Amortization $25.03M $17.18M $12.27M
YoY Change 155.01% 94.99% 51.64%
Cash From Operating Activities $39.56M $85.50M
YoY Change -27.05% 70.96%
INVESTING ACTIVITIES
Capital Expenditures $95.49M $119.8M
YoY Change 56.69% 238.13%
Acquisitions $142.2M
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$237.7M -$119.8M
YoY Change 290.09% 238.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.381M
YoY Change -83.21%
Cash From Financing Activities 175.1M -20.07M
YoY Change -36.87% -13.82%
NET CHANGE
Cash From Operating Activities 39.56M 85.50M
Cash From Investing Activities -237.7M -119.8M
Cash From Financing Activities 175.1M -20.07M
Net Change In Cash -23.05M -54.36M
YoY Change -108.52% 524.16%
FREE CASH FLOW
Cash From Operating Activities $39.56M $85.50M
Capital Expenditures $95.49M $119.8M
Free Cash Flow -$55.92M -$34.29M
YoY Change 734.06% -335.12%

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CY2024Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
0
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-868000
CY2024Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3230000
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1824000
CY2024Q1 aesi Spare Part Inventory
SparePartInventory
2467000
CY2023Q1 aesi Spare Part Inventory
SparePartInventory
1459000
CY2024Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
63000
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
953000
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
770000
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-42000
CY2024Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
3627000
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-3178000
CY2024Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-41000
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
45000
CY2024Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-558000
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0
CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
3197000
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2263000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39562000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54235000
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
95486000
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60940000
CY2024Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
142233000
CY2023Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-237719000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2024Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1381000
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8226000
CY2024Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
198500000
CY2023Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0
CY2024Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
730000
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
530000
CY2024Q1 aesi Payments Under Finance Leases
PaymentsUnderFinanceLeases
65000
CY2023Q1 aesi Payments Under Finance Leases
PaymentsUnderFinanceLeases
738000
CY2024Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
216000
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0
CY2024Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
21005000
CY2023Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Paid
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsPaid
0
CY2024Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0
CY2023Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
303426000
CY2024Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1581000
CY2024Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0
CY2023Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
15000000
CY2024Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
5800000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
175103000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
277351000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23054000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
270646000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
210174000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
82010000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
187120000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
352656000
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
6134000
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3622000
CY2024Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
41457000
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30648000
CY2024Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
4231000
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0
CY2024Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
189082000
CY2023Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0
CY2024Q1 aesi Deferred Cash Consideration Note
DeferredCashConsiderationNote
109253000
CY2023Q1 aesi Deferred Cash Consideration Note
DeferredCashConsiderationNote
0
CY2023Q1 aesi Proceeds From Issuance Initial Public Offering Net
ProceedsFromIssuanceInitialPublicOfferingNet
291200000
CY2023Q1 aesi Deferred Tax Liability Arising From The Initial Public Offering
DeferredTaxLiabilityArisingFromTheInitialPublicOffering
27500000
CY2023Q4 aesi Deferred Tax Liability Arising From Up C Simplification
DeferredTaxLiabilityArisingFromUpCSimplification
62700000
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure of contingent assets and liabilities at the date of the Financial Statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates used in the preparation of these Financial Statements include, but are not limited to: the proppant reserves and their impact on calculating the depletion expense under the units-of-production method; the depreciation and amortization associated with property, plant and equipment; stock-based and unit-based compensation; asset retirement obligations; business combinations; v</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">aluation of goodwill and acquired intangible assets; </span><span style="color:#231f20;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">and certain liabilities. The Company bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></p>
CY2024Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
1800000
CY2023Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
1800000
CY2024Q1 aesi Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
100000
CY2024Q1 aesi Intrafi Account Deposits
IntrafiAccountDeposits
113100000
CY2024Q1 us-gaap Us Government Securities At Carrying Value
USGovernmentSecuritiesAtCarryingValue
26900000
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
300000
CY2023Q1 aesi Allowance For Credit Losses
AllowanceForCreditLosses
de minimis
CY2024Q1 aesi Provision For Doubtful Account
ProvisionForDoubtfulAccount
de minimis
CY2023Q1 aesi Provision For Doubtful Account
ProvisionForDoubtfulAccount
de minimis
CY2023Q1 aesi Amortization Of Other Intangible Assets
AmortizationOfOtherIntangibleAssets
100000
CY2024Q1 us-gaap Accretion Expense
AccretionExpense
100000
CY2023Q1 us-gaap Accretion Expense
AccretionExpense
100000
CY2024Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
1200000
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2705000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1245000
CY2024Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
4231000
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0
CY2024Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
91000
CY2023Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
18000
CY2024Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
7027000
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1263000
CY2024Q1 us-gaap Deferred Income Addition
DeferredIncomeAddition
13200000
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
0
CY2023Q4 us-gaap Deferred Income
DeferredIncome
0
CY2024Q1 us-gaap Deferred Income Addition
DeferredIncomeAddition
13248000
CY2024Q1 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
558000
CY2024Q1 us-gaap Deferred Income
DeferredIncome
12690000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
2800000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt
9900000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
37736000
CY2024Q1 aesi Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccruedLiabilities
13162000
CY2024Q1 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
0
CY2023 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
0
CY2024Q1 aesi Equity Consideration Measured At Change In Fairvalue Of Shares
EquityConsiderationMeasuredAtChangeInFairvalueOfShares
9711432
CY2024Q1 aesi Equity Settlement Share Fair Value Per Share
EquitySettlementShareFairValuePerShare
19.47
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
6982000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
96393000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInventory
4235000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
2180000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
277584000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
111723000
CY2024Q1 aesi Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Finance Lease Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsFinanceLeaseRightOfUseAssets
7311000
CY2024Q1 aesi Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Operating Lease Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOperatingLeaseRightOfUseAssets
10868000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
92000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDebt
1914000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
14210000
CY2024Q1 aesi Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Non Current Liabilities Discount And Deferred Financing Costs
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNonCurrentLiabilitiesDiscountAndDeferredFinancingCosts
252000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
70378000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
21100000
CY2024Q1 us-gaap Goodwill
Goodwill
91171000
CY2024Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
452888000
CY2024Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
307982000
CY2023Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
297552000
CY2024Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
30848000
CY2023Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
64208000
CY2023Q4 us-gaap Goodwill
Goodwill
0
CY2024Q1 us-gaap Goodwill Acquired During Period
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91171000
CY2024Q1 us-gaap Goodwill
Goodwill
91171000
CY2023Q4 us-gaap Inventory Finished Goods
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1071000
CY2024Q1 us-gaap Inventory Net
InventoryNet
13914000
CY2023Q4 us-gaap Inventory Net
InventoryNet
6449000
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
111723000
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1061000
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
110662000
CY2024Q1 us-gaap Amortization Of Intangible Assets
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1100000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
10966000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
14621000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14621000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10568000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9694000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9694000
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
40498000
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
110662000
CY2024Q1 us-gaap Inventory Raw Materials
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1733000
CY2023Q4 us-gaap Inventory Raw Materials
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441000
CY2024Q1 us-gaap Inventory Work In Process
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8982000
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
4937000
CY2024Q1 us-gaap Inventory Finished Goods
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3199000
CY2024Q1 us-gaap Property Plant And Equipment Gross
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1439833000
CY2023Q4 us-gaap Property Plant And Equipment Gross
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1069479000
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
152328000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
134819000
CY2024Q1 us-gaap Property Plant And Equipment Net
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1287505000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
934660000
CY2024Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0
CY2023Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
305000
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1467000
CY2024Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
35000
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
575000
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
762000
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
262000
CY2024Q1 us-gaap Variable Lease Cost
VariableLeaseCost
157000
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
211000
CY2024Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11706000
CY2023Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5791000
CY2024Q1 us-gaap Lease Cost
LeaseCost
12965000
CY2023Q1 us-gaap Lease Cost
LeaseCost
8306000
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
294000
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
286000
CY2024Q1 us-gaap Finance Lease Interest Payment On Liability
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5000
CY2023Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
575000
CY2024Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
65000
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
738000
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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7311000
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
10868000
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
7602000
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.056
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.052
CY2024Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
2821000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5529000
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
3041000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6462000
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2008000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2753000
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
334000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
815000
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
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25000
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CY2024Q1 aesi Weighted Average Number Of Diluted Potential Performance Share Units
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CY2023Q1 aesi Weighted Average Number Of Diluted Potential Performance Share Units
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CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q1 aesi Effective Income Tax Rate Reconciliation State And Federal Percent
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CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
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