$CCOI
COGENT COMMUNICATIONS HOLDINGS, INC.

2011 Q3 Form 10-Q Financial Statement

#000110465911060412 Filed on November 03, 2011

View on sec.gov

Income Statement

Concept 2011 Q3 2010 Q4 2010 Q3
Revenue $77.37M $69.50M $66.78M
YoY Change 15.85% 11.2% 10.94%
Cost Of Revenue $33.62M $31.10M $30.64M
YoY Change 9.73% 12.68% 16.06%
Gross Profit $43.75M $38.40M $36.14M
YoY Change 21.04% 10.03% 6.93%
Gross Profit Margin 56.55% 55.25% 54.12%
Selling, General & Admin $18.98M $17.80M $17.66M
YoY Change 7.5% -4.81% -2.44%
% of Gross Profit 43.39% 46.35% 48.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.19M $56.50M $14.74M
YoY Change 3.07% 281.76% -3.69%
% of Gross Profit 34.72% 147.14% 40.77%
Operating Expenses $18.98M $32.60M $17.66M
YoY Change 7.5% -2.98% -47.13%
Operating Profit $9.576M $5.800M $3.749M
YoY Change 155.43% 346.15% 837.25%
Interest Expense $8.953M -$4.100M $4.100M
YoY Change 118.37% 0.0% -207.89%
% of Operating Profit 93.49% -70.69% 109.36%
Other Income/Expense, Net
YoY Change
Pretax Income $704.0K $1.700M -$375.0K
YoY Change -287.73% -168.0% -88.64%
Income Tax $423.0K -$900.0K $87.00K
% Of Pretax Income 60.09% -52.94%
Net Earnings $300.0K $2.600M -$500.0K
YoY Change -160.0% -300.0% -84.85%
Net Earnings / Revenue 0.39% 3.74% -0.75%
Basic Earnings Per Share
Diluted Earnings Per Share $6.579K $57.02K -$11.21K
COMMON SHARES
Basic Shares Outstanding 45.08M shares 44.59M shares
Diluted Shares Outstanding 45.56M shares 44.59M shares

Balance Sheet

Concept 2011 Q3 2010 Q4 2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $224.1M $56.30M $47.80M
YoY Change 368.83% 0.72% -6.46%
Cash & Equivalents $224.1M $56.28M $47.84M
Short-Term Investments
Other Short-Term Assets $9.900M $8.700M $10.30M
YoY Change -3.88% 8.75% 27.16%
Inventory
Prepaid Expenses
Receivables $24.77M $23.70M $24.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $258.7M $88.64M $82.60M
YoY Change 213.18% 2.0% -0.84%
LONG-TERM ASSETS
Property, Plant & Equipment $308.9M $280.5M $281.5M
YoY Change 9.75% 6.31% 5.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.50M $7.000M $5.500M
YoY Change 90.91% 59.09% 48.65%
Total Long-Term Assets $319.4M $287.5M $286.9M
YoY Change 11.33% 7.22% 5.87%
TOTAL ASSETS
Total Short-Term Assets $258.7M $88.64M $82.60M
Total Long-Term Assets $319.4M $287.5M $286.9M
Total Assets $578.1M $376.1M $369.5M
YoY Change 56.46% 5.94% 4.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.971M $15.98M $15.90M
YoY Change -37.29% 24.84% 5.3%
Accrued Expenses $19.22M $19.54M $19.90M
YoY Change -3.44% 11.01% 23.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.900M $6.100M $6.700M
YoY Change 47.76% 8.93% -37.96%
Total Short-Term Liabilities $39.10M $41.66M $42.50M
YoY Change -8.0% 15.72% 1.19%
LONG-TERM LIABILITIES
Long-Term Debt $374.3M $176.8M $174.5M
YoY Change 114.5% 3.82% 6.21%
Other Long-Term Liabilities $6.056M $5.860M $4.900M
YoY Change 23.59% 39.52% 40.0%
Total Long-Term Liabilities $6.056M $5.860M $179.4M
YoY Change -96.62% -96.64% 6.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.10M $41.66M $42.50M
Total Long-Term Liabilities $6.056M $5.860M $179.4M
Total Liabilities $419.5M $224.3M $221.9M
YoY Change 89.03% 6.56% 5.82%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $158.6M $151.8M $147.6M
YoY Change
Total Liabilities & Shareholders Equity $578.1M $376.1M $369.5M
YoY Change 56.46% 5.94% 4.29%

Cashflow Statement

Concept 2011 Q3 2010 Q4 2010 Q3
OPERATING ACTIVITIES
Net Income $300.0K $2.600M -$500.0K
YoY Change -160.0% -300.0% -84.85%
Depreciation, Depletion And Amortization $15.19M $56.50M $14.74M
YoY Change 3.07% 281.76% -3.69%
Cash From Operating Activities $15.90M $22.00M $19.00M
YoY Change -16.32% 34.97% 28.38%
INVESTING ACTIVITIES
Capital Expenditures -$9.400M -$11.80M -$16.50M
YoY Change -43.03% 53.25% -1.2%
Acquisitions
YoY Change
Other Investing Activities $0.00 $100.0K $200.0K
YoY Change -100.0% -66.67%
Cash From Investing Activities -$9.400M -$11.60M -$16.30M
YoY Change -42.33% 54.67% -2.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.700M -1.900M -8.600M
YoY Change 1.16% -51.28% 14.67%
NET CHANGE
Cash From Operating Activities 15.90M 22.00M 19.00M
Cash From Investing Activities -9.400M -11.60M -16.30M
Cash From Financing Activities -8.700M -1.900M -8.600M
Net Change In Cash -2.200M 8.500M -5.900M
YoY Change -62.71% 73.47% -37.23%
FREE CASH FLOW
Cash From Operating Activities $15.90M $22.00M $19.00M
Capital Expenditures -$9.400M -$11.80M -$16.50M
Free Cash Flow $25.30M $33.80M $35.50M
YoY Change -28.73% 40.83% 12.7%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CommonStockSharesOutstanding
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CY2011Q3 us-gaap Common Stock Shares Issued
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CY2011Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
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CY2011Q3 ccoi Deposits And Other Restricted Assets Noncurrent
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CY2011Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2011Q3 us-gaap Liabilities
Liabilities
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CY2010Q4 us-gaap Debt Instrument Unamortized Discount
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CY2010Q4 ccoi Deposits And Other Restricted Assets Noncurrent
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CY2010Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2011Q3 us-gaap Other Liabilities Noncurrent
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CY2011Q3 us-gaap Convertible Long Term Notes Payable
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CY2011Q3 us-gaap Capital Lease Obligations Noncurrent
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CY2011Q3 us-gaap Senior Long Term Notes
SeniorLongTermNotes
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CY2011Q3 us-gaap Liabilities Current
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CY2011Q3 us-gaap Capital Lease Obligations Current
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CY2011Q3 us-gaap Accrued Liabilities Current
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19215000 USD
CY2011Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
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CY2011Q3 us-gaap Assets
Assets
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CY2011Q3 ccoi Deposits And Other Assets Noncurrent
DepositsAndOtherAssetsNoncurrent
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CY2011Q3 us-gaap Property Plant And Equipment Net
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CY2011Q3 us-gaap Assets Current
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CY2011Q3 us-gaap Accounts Receivable Net Current
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CY2010Q4 us-gaap Liabilities Current
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CY2010Q4 us-gaap Capital Lease Obligations Current
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CY2010Q4 us-gaap Accrued Liabilities Current
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CY2010Q4 us-gaap Accounts Payable Current
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CY2010Q4 us-gaap Assets
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CY2010Q4 ccoi Deposits And Other Assets Noncurrent
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CY2010Q4 us-gaap Property Plant And Equipment Net
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CY2010Q4 us-gaap Assets Current
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CY2010Q4 us-gaap Accounts Receivable Net Current
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CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2010Q3 us-gaap Cost Of Services
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us-gaap Cost Of Services
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ccoi Selling General And Administrative Expenses Include Equity Based Compensation Expense
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ccoi Network Operations Include Equity Based Compensation Expense
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ccoi Selling General And Administrative Expenses Include Equity Based Compensation Expense
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ccoi Network Operations Include Equity Based Compensation Expense
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CY2010Q3 ccoi Selling General And Administrative Expenses Include Equity Based Compensation Expense
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CY2010Q3 ccoi Network Operations Include Equity Based Compensation Expense
NetworkOperationsIncludeEquityBasedCompensationExpense
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CY2011Q3 ccoi Selling General And Administrative Expenses Include Equity Based Compensation Expense
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CY2011Q3 ccoi Network Operations Include Equity Based Compensation Expense
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us-gaap Cost Of Services
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CY2010Q3 us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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CY2011Q3 us-gaap Depreciation Depletion And Amortization
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CY2010Q3 us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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us-gaap Depreciation Depletion And Amortization
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CY2011Q3 us-gaap Costs And Expenses
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CY2010Q3 us-gaap Costs And Expenses
CostsAndExpenses
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us-gaap Costs And Expenses
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us-gaap Costs And Expenses
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CY2011Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Investment Income Net
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us-gaap Investment Income Net
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us-gaap Gains Losses On Extinguishment Of Debt
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CY2011Q3 us-gaap Interest Expense
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CY2010Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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us-gaap Interest Expense
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CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2011Q3 us-gaap Income Tax Expense Benefit
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CY2010Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
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CY2011Q3 us-gaap Sales Revenue Services Net
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CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2010Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2010Q3 us-gaap Sales Revenue Services Net
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2010Q3 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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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Sales Revenue Services Net
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us-gaap Sales Revenue Services Net
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2011-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001158324
dei Entity Registrant Name
EntityRegistrantName
COGENT COMMUNICATIONS GROUP INC
CY2011Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
45839535 shares
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2010Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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47835000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
36102000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
19936000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2934000 USD

Files In Submission

Name View Source Status
0001104659-11-060412-index-headers.html Edgar Link pending
0001104659-11-060412-index.html Edgar Link pending
0001104659-11-060412.txt Edgar Link pending
0001104659-11-060412-xbrl.zip Edgar Link pending
a11-24680_110q.htm Edgar Link pending
a11-24680_1ex31d1.htm Edgar Link pending
a11-24680_1ex31d2.htm Edgar Link pending
a11-24680_1ex32d1.htm Edgar Link pending
a11-24680_1ex32d2.htm Edgar Link pending
ccoi-20110930.xml Edgar Link completed
ccoi-20110930.xsd Edgar Link pending
ccoi-20110930_cal.xml Edgar Link unprocessable
ccoi-20110930_def.xml Edgar Link unprocessable
ccoi-20110930_lab.xml Edgar Link unprocessable
ccoi-20110930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending