2017 Q2 Form 10-Q Financial Statement

#000138905017000073 Filed on August 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q4
Revenue $198.0M $189.9M $193.8M
YoY Change -3.02% -10.98% -19.7%
Cost Of Revenue $101.9M $97.80M $95.60M
YoY Change 9.33% -0.71% -21.12%
Gross Profit $49.95M $42.42M $9.634M
YoY Change -8.65% -30.75% -144.72%
Gross Profit Margin 25.23% 22.34% 4.97%
Selling, General & Admin $25.16M $27.55M $25.90M
YoY Change -8.99% -20.48% 4216.67%
% of Gross Profit 50.38% 64.96% 268.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.25M $47.77M $51.10M
YoY Change -8.96% -11.41% -9.56%
% of Gross Profit 94.6% 112.62% 530.41%
Operating Expenses $25.16M $27.55M $73.00M
YoY Change -8.99% -20.48% 12066.67%
Operating Profit $24.78M $14.86M -$63.37M
YoY Change -8.3% -44.12% 186.19%
Interest Expense $22.50M $21.42M -$21.10M
YoY Change 6.27% 5.52% -14.92%
% of Operating Profit 90.8% 144.11%
Other Income/Expense, Net $962.0K $794.0K
YoY Change 431.49% -60.08%
Pretax Income -$5.616M -$13.69M -$57.60M
YoY Change -18.11% 36.08% -41.7%
Income Tax -$1.580M $323.0K -$11.90M
% Of Pretax Income
Net Earnings -$6.687M -$11.69M -$38.61M
YoY Change 49.36% 542.39% -70.18%
Net Earnings / Revenue -3.38% -6.15% -19.93%
Basic Earnings Per Share -$0.10 -$0.17 -$0.56
Diluted Earnings Per Share -$0.10 -$0.17 -$0.56
COMMON SHARES
Basic Shares Outstanding 69.59M shares 69.40M shares
Diluted Shares Outstanding 69.59M shares 69.40M shares

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.600M $10.80M $3.100M
YoY Change -90.65% 125.0% 93.75%
Cash & Equivalents $2.595M $10.81M $3.134M
Short-Term Investments
Other Short-Term Assets $6.290M $4.839M $6.081M
YoY Change 6.29% 16.86% -0.69%
Inventory $94.09M $95.06M $93.80M
Prepaid Expenses
Receivables $109.2M $101.3M $111.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $212.5M $212.2M $215.7M
YoY Change -21.15% -20.13% -24.4%
LONG-TERM ASSETS
Property, Plant & Equipment $2.083B $2.076B $2.079B
YoY Change -5.77% -8.29% -8.32%
Goodwill
YoY Change
Intangibles $77.72M $82.14M $86.70M
YoY Change -14.01%
Long-Term Investments
YoY Change
Other Assets $25.93M $26.42M $13.22M
YoY Change -80.29% -81.26% 19.8%
Total Long-Term Assets $2.206B $2.205B $2.199B
YoY Change -5.82% -8.34% -8.75%
TOTAL ASSETS
Total Short-Term Assets $212.5M $212.2M $215.7M
Total Long-Term Assets $2.206B $2.205B $2.199B
Total Assets $2.419B $2.417B $2.415B
YoY Change -7.41% -9.51% -10.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.65M $56.09M $32.53M
YoY Change 45.23% 36.14% -37.96%
Accrued Expenses $66.68M $65.65M $69.64M
YoY Change 3.29% -17.87% -13.01%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $118.6M $125.5M $106.5M
YoY Change 18.97% 1.89% -21.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.443B $1.436B $1.442B
YoY Change -7.67% -10.24% -8.57%
Other Long-Term Liabilities $20.14M $17.99M $7.910M
YoY Change 38.21% 11.86% -32.13%
Total Long-Term Liabilities $20.14M $17.99M $7.910M
YoY Change 38.21% 11.86% -32.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $118.6M $125.5M $106.5M
Total Long-Term Liabilities $20.14M $17.99M $7.910M
Total Liabilities $1.739B $1.741B $1.730B
YoY Change -6.31% -9.3% -9.33%
SHAREHOLDERS EQUITY
Retained Earnings -$2.261B -$2.246B -$2.227B
YoY Change 4.52% 4.35% 4.19%
Common Stock $768.0K $768.0K $762.0K
YoY Change 0.79% 0.79% 1.6%
Preferred Stock
YoY Change
Treasury Stock (at cost) $76.12M $76.12M $73.94M
YoY Change 4.03% 4.04% 2.09%
Treasury Stock Shares 5.852M shares 5.780M shares 5.626M shares
Shareholders Equity $733.1M $721.3M $719.0M
YoY Change
Total Liabilities & Shareholders Equity $2.419B $2.417B $2.415B
YoY Change -7.41% -9.51% -10.4%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q4
OPERATING ACTIVITIES
Net Income -$6.687M -$11.69M -$38.61M
YoY Change 49.36% 542.39% -70.18%
Depreciation, Depletion And Amortization $47.25M $47.77M $51.10M
YoY Change -8.96% -11.41% -9.56%
Cash From Operating Activities $46.50M $54.79M $54.20M
YoY Change -29.12% -23.2% -52.04%
INVESTING ACTIVITIES
Capital Expenditures -$68.50M -$30.90M -$20.60M
YoY Change 217.13% -38.93% -58.8%
Acquisitions
YoY Change
Other Investing Activities $3.100M $5.800M $14.80M
YoY Change -75.78% -160.42% -470.0%
Cash From Investing Activities -$65.40M -$25.15M -$5.800M
YoY Change 643.18% -58.23% -89.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.180M
YoY Change 194.99%
Debt Paid & Issued, Net $817.0M
YoY Change 908.64%
Cash From Financing Activities 10.70M -$21.97M -50.70M
YoY Change -131.75% 177.72% -1.36%
NET CHANGE
Cash From Operating Activities 46.50M $54.79M 54.20M
Cash From Investing Activities -65.40M -$25.15M -5.800M
Cash From Financing Activities 10.70M -$21.97M -50.70M
Net Change In Cash -8.200M $7.673M -2.300M
YoY Change -135.5% 137.7% -130.67%
FREE CASH FLOW
Cash From Operating Activities $46.50M $54.79M $54.20M
Capital Expenditures -$68.50M -$30.90M -$20.60M
Free Cash Flow $115.0M $85.69M $74.80M
YoY Change 31.88% -29.73% -54.11%

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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments To Acquire Businesses Gross
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us-gaap Payments To Acquire Productive Assets
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us-gaap Payments To Acquire Productive Assets
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CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Profit Loss
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CY2017Q2 us-gaap Profit Loss
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CY2016Q2 us-gaap Restructuring And Related Cost Incurred Cost
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us-gaap Restructuring And Related Cost Incurred Cost
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CY2016Q4 us-gaap Restructuring Reserve
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CY2017Q2 us-gaap Restructuring Reserve
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CY2016Q2 us-gaap Severance Costs1
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us-gaap Share Based Compensation
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CY2016Q4 us-gaap Stockholders Equity
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CY2017Q2 us-gaap Stockholders Equity
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CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2016Q4 us-gaap Treasury Stock Shares
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us-gaap Unrealized Gain Loss On Derivatives
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CY2016Q4 us-gaap Unrecognized Tax Benefits
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CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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69496000 shares

Files In Submission

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0001389050-17-000073-index-headers.html Edgar Link pending
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aroc-20170630.xml Edgar Link completed
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exhibit103formofamendmentt.htm Edgar Link pending
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