2018 Q1 Form 10-Q Financial Statement

#000162828018005094 Filed on April 26, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $575.3M $601.0M
YoY Change -4.27% 40.38%
Cost Of Revenue $454.8M $460.5M
YoY Change -1.23% 9.81%
Gross Profit $81.20M $86.71M
YoY Change -6.35% -154.74%
Gross Profit Margin 14.11% 14.43%
Selling, General & Admin $25.95M $20.76M
YoY Change 24.98% 4.72%
% of Gross Profit 31.96% 23.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.70M $31.92M
YoY Change -6.95% -49.89%
% of Gross Profit 36.58% 36.81%
Operating Expenses $510.1M $534.0M
YoY Change -4.47% -8.96%
Operating Profit $65.17M $66.99M
YoY Change -2.71% -133.21%
Interest Expense $5.395M $9.425M
YoY Change -42.76% -78.8%
% of Operating Profit 8.28% 14.07%
Other Income/Expense, Net -$1.604M -$5.579M
YoY Change -71.25% -8.36%
Pretax Income $59.44M $52.51M
YoY Change 13.2% -125.27%
Income Tax -$544.0K $840.0K
% Of Pretax Income -0.92% 1.6%
Net Earnings $59.99M $51.67M
YoY Change 16.1% -125.0%
Net Earnings / Revenue 10.43% 8.6%
Basic Earnings Per Share $2.87 $2.07
Diluted Earnings Per Share $2.74 $2.03
COMMON SHARES
Basic Shares Outstanding 20.90M shares 25.01M shares
Diluted Shares Outstanding 21.88M shares 25.41M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $433.0M $470.1M
YoY Change -7.89% -20.89%
Cash & Equivalents $288.3M $347.6M
Short-Term Investments $144.7M $122.5M
Other Short-Term Assets $68.46M $74.06M
YoY Change -7.57% 65.21%
Inventory $143.8M $125.2M
Prepaid Expenses
Receivables $208.1M $150.4M
Other Receivables $12.00M $23.00M
Total Short-Term Assets $867.7M $911.2M
YoY Change -4.77% -16.18%
LONG-TERM ASSETS
Property, Plant & Equipment $935.5M $1.027B
YoY Change -8.93% -70.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $104.8M $104.1M
YoY Change 0.62% -48.32%
Other Assets $68.68M $102.3M
YoY Change -32.85% 74.36%
Total Long-Term Assets $173.5M $206.4M
YoY Change -15.97% -26.59%
TOTAL ASSETS
Total Short-Term Assets $867.7M $911.2M
Total Long-Term Assets $173.5M $206.4M
Total Assets $1.977B $2.145B
YoY Change -7.84% -55.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.1M $103.1M
YoY Change 23.29% 45.62%
Accrued Expenses $158.9M $172.9M
YoY Change -8.11% 68.53%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $14.00M $8.000M
YoY Change 75.0%
Total Short-Term Liabilities $300.4M $283.9M
YoY Change 5.79% 63.73%
LONG-TERM LIABILITIES
Long-Term Debt $307.7M $318.0M
YoY Change -3.23%
Other Long-Term Liabilities $64.14M $77.30M
YoY Change -17.03% 328.9%
Total Long-Term Liabilities $371.9M $395.3M
YoY Change -5.93% 2093.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $300.4M $283.9M
Total Long-Term Liabilities $371.9M $395.3M
Total Liabilities $1.288B $1.343B
YoY Change -4.09% -78.69%
SHAREHOLDERS EQUITY
Retained Earnings $298.7M $85.12M
YoY Change 250.89% -101.91%
Common Stock $704.2M $692.5M
YoY Change 1.69% -77.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $340.7M
YoY Change
Treasury Stock Shares 4.384M shares
Shareholders Equity $688.5M $801.7M
YoY Change
Total Liabilities & Shareholders Equity $1.977B $2.145B
YoY Change -7.84% -55.82%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $59.99M $51.67M
YoY Change 16.1% -125.0%
Depreciation, Depletion And Amortization $29.70M $31.92M
YoY Change -6.95% -49.89%
Cash From Operating Activities $66.87M $125.5M
YoY Change -46.73% -1343.11%
INVESTING ACTIVITIES
Capital Expenditures $9.453M $5.950M
YoY Change 58.87% 0.4%
Acquisitions
YoY Change
Other Investing Activities $11.00M -$40.10M
YoY Change -127.43% 201.5%
Cash From Investing Activities $1.481M -$46.14M
YoY Change -103.21% 139.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $38.19M $0.00
YoY Change
Debt Paid & Issued, Net $0.00 $325.7M
YoY Change -100.0%
Cash From Financing Activities -$50.69M -$39.25M
YoY Change 29.15% 50.82%
NET CHANGE
Cash From Operating Activities $66.87M $125.5M
Cash From Investing Activities $1.481M -$46.14M
Cash From Financing Activities -$50.69M -$39.25M
Net Change In Cash $17.66M $40.14M
YoY Change -56.02% -172.48%
FREE CASH FLOW
Cash From Operating Activities $66.87M $125.5M
Capital Expenditures $9.453M $5.950M
Free Cash Flow $57.41M $119.6M
YoY Change -51.99% -846.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AdjustedEBITDA
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CY2018Q1 aci Adjusted Ebitda
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CY2018Q1 aci Coal Supply Agreement Obligation Net
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CY2017Q1 aci Depreciation Depletionand Amortization Productionand Nonproduction
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CY2017Q4 aci Finite Lived Intangible Liabilities Accumulated Amortization
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CY2017Q4 aci Net Total Of Acquired Sales Contracts Assets
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