2013 Q1 Form 10-Q Financial Statement

#000110465913038950 Filed on May 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1 2011 Q4
Revenue $737.4M $960.2M $1.229B
YoY Change -23.2% 10.0% 47.09%
Cost Of Revenue $649.7M $850.9M $945.8M
YoY Change -23.64% 30.16% 51.98%
Gross Profit -$18.56M $37.72M $154.4M
YoY Change -149.21% -71.1% -27.52%
Gross Profit Margin -2.52% 3.93% 12.56%
Selling, General & Admin $33.21M $30.86M $26.30M
YoY Change 7.61% 1.52% -8.36%
% of Gross Profit 81.83% 17.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $118.9M $140.0M $146.3M
YoY Change -15.07% 67.62% 52.4%
% of Gross Profit 371.11% 94.76%
Operating Expenses $788.8M $985.6M $155.9M
YoY Change -19.96% 729.6% 20.29%
Operating Profit -$51.43M $27.80M $139.7M
YoY Change -285.02% -72.81% 67.54%
Interest Expense $95.07M $74.77M -$62.60M
YoY Change 27.15% -333.66% 103.91%
% of Operating Profit 268.99% -44.8%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$143.7M -$19.67M $63.20M
YoY Change 630.4% -128.76% 19.47%
Income Tax -$59.35M -$21.08M -$6.800M
% Of Pretax Income -10.76%
Net Earnings -$70.05M $1.206M $71.22M
YoY Change -5908.37% -97.84% 47.75%
Net Earnings / Revenue -9.5% 0.13% 5.8%
Basic Earnings Per Share -$0.33 $0.01 $0.34
Diluted Earnings Per Share -$0.33 $0.01 $0.33
COMMON SHARES
Basic Shares Outstanding 212.1M shares 211.7M shares
Diluted Shares Outstanding 212.1M shares 211.9M shares

Balance Sheet

Concept 2013 Q1 2012 Q1 2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $978.5M $118.0M $138.1M
YoY Change 729.27% 71.01% 46.97%
Cash & Equivalents $730.1M $117.8M $138.1M
Short-Term Investments $248.4M
Other Short-Term Assets $88.98M $211.0M $110.3M
YoY Change -57.83% 17.88% -27.91%
Inventory $368.2M $489.0M $377.5M
Prepaid Expenses
Receivables $263.3M $295.0M $380.6M
Other Receivables $82.00M $67.00M $88.00M
Total Short-Term Assets $1.884B $1.179B $1.183B
YoY Change 59.83% 47.56% 60.92%
LONG-TERM ASSETS
Property, Plant & Equipment $7.273B $7.893B $7.949B
YoY Change -7.86% 141.82% 140.23%
Goodwill $265.4M $596.1M
YoY Change 418.52%
Intangibles
YoY Change
Long-Term Investments $246.8M $231.0M $225.6M
YoY Change 6.84% 13.24% 27.14%
Other Assets $159.3M $267.0M $173.7M
YoY Change -40.34% -48.46% -68.13%
Total Long-Term Assets $763.2M $8.986B $1.082B
YoY Change -91.51% 119.12% -73.9%
TOTAL ASSETS
Total Short-Term Assets $1.884B $1.179B $1.183B
Total Long-Term Assets $763.2M $8.986B $1.082B
Total Assets $9.920B $10.17B $10.21B
YoY Change -2.41% 107.45% 109.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $229.3M $294.0M $383.8M
YoY Change -22.02% 59.78% 93.83%
Accrued Expenses $352.0M $357.0M $348.2M
YoY Change -1.39% 56.58% 42.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $28.00M $102.0M $281.0M
YoY Change -72.55% 45.71% 295.77%
Total Short-Term Liabilities $610.3M $763.0M $1.021B
YoY Change -20.02% 57.0% 93.68%
LONG-TERM LIABILITIES
Long-Term Debt $5.082B $3.968B $5.086B
YoY Change 28.08% 157.83% 230.47%
Other Long-Term Liabilities $227.4M $867.0M $255.4M
YoY Change -73.78% 51.31% -54.96%
Total Long-Term Liabilities $5.310B $4.835B $5.341B
YoY Change 9.82% 128.93% 153.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $610.3M $763.0M $1.021B
Total Long-Term Liabilities $5.310B $4.835B $5.341B
Total Liabilities $7.138B $6.593B $6.624B
YoY Change 8.26% 152.8% 150.64%
SHAREHOLDERS EQUITY
Retained Earnings -$180.5M $622.4M
YoY Change
Common Stock $3.032B $3.017B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $53.85M $53.85M
YoY Change
Treasury Stock Shares
Shareholders Equity $2.782B $3.578B $3.578B
YoY Change
Total Liabilities & Shareholders Equity $9.920B $10.17B $10.21B
YoY Change -2.41% 107.45% 109.26%

Cashflow Statement

Concept 2013 Q1 2012 Q1 2011 Q4
OPERATING ACTIVITIES
Net Income -$70.05M $1.206M $71.22M
YoY Change -5908.37% -97.84% 47.75%
Depreciation, Depletion And Amortization $118.9M $140.0M $146.3M
YoY Change -15.07% 67.62% 52.4%
Cash From Operating Activities $43.29M $54.99M $170.8M
YoY Change -21.27% -36.13% -28.95%
INVESTING ACTIVITIES
Capital Expenditures $54.52M $93.27M -$328.9M
YoY Change -41.54% -256.49% 240.12%
Acquisitions
YoY Change
Other Investing Activities -$17.70M $17.80M $6.000M
YoY Change -199.44% -152.51% -119.61%
Cash From Investing Activities -$81.34M -$83.75M -$322.9M
YoY Change -2.88% -10.43% 153.65%
FINANCING ACTIVITIES
Cash Dividend Paid $6.367M $23.33M
YoY Change -72.71%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$16.46M $8.381M 131.6M
YoY Change -296.35% -149.3% -257.98%
NET CHANGE
Cash From Operating Activities $43.29M $54.99M 170.8M
Cash From Investing Activities -$81.34M -$83.75M -322.9M
Cash From Financing Activities -$16.46M $8.381M 131.6M
Net Change In Cash -$54.50M -$20.38M -20.50M
YoY Change 167.45% -16.48% -168.79%
FREE CASH FLOW
Cash From Operating Activities $43.29M $54.99M $170.8M
Capital Expenditures $54.52M $93.27M -$328.9M
Free Cash Flow -$11.23M -$38.28M $499.7M
YoY Change -70.66% -126.27% 48.23%

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CY2013Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Policies</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There is no new accounting guidance that is expected to have a significant impact on the Company&#8217;s financial statements.</font></div></div>
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CY2013Q1 dei Amendment Flag
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CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
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CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
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CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001037676
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
212246799 shares
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
ARCH COAL INC

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