2017 Q4 Form 10-Q Financial Statement

#000171036617000007 Filed on December 13, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $352.3M $335.3M $295.4M
YoY Change -6.89% 13.52%
Cost Of Revenue $21.80M $21.80M $9.400M
YoY Change 74.4% 131.91%
Gross Profit $325.2M $313.6M $285.6M
YoY Change -10.71% 9.8%
Gross Profit Margin 92.3% 93.52% 96.69%
Selling, General & Admin $25.01M $21.18M $12.16M
YoY Change 25.98% 74.22%
% of Gross Profit 7.69% 6.75% 4.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.09M $46.65M $49.85M
YoY Change -6.38% -6.41%
% of Gross Profit 14.48% 14.88% 17.45%
Operating Expenses $204.3M $229.5M $215.8M
YoY Change -19.54% 6.35%
Operating Profit $120.9M $84.07M $69.78M
YoY Change 9.61% 20.49%
Interest Expense $14.27M $3.862M $3.481M
YoY Change 250.18% 10.95%
% of Operating Profit 11.8% 4.59% 4.99%
Other Income/Expense, Net
YoY Change
Pretax Income $39.80M $12.29M $4.685M
YoY Change 5.47% 162.28%
Income Tax $64.44M $3.770M -$66.00K
% Of Pretax Income 161.91% 30.68% -1.41%
Net Earnings -$29.01M $7.728M $2.503M
YoY Change -256.82% 208.75%
Net Earnings / Revenue -8.23% 2.3% 0.85%
Basic Earnings Per Share -$1.04 $0.28 $0.09
Diluted Earnings Per Share -$1.04 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 27.97M shares 27.97M shares
Diluted Shares Outstanding 27.97M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $154.0M $3.700M
YoY Change
Cash & Equivalents $154.0M $3.697M $6.409M
Short-Term Investments
Other Short-Term Assets $23.70M $21.90M
YoY Change
Inventory $53.42M $52.00M
Prepaid Expenses $23.74M $21.86M
Receivables $131.5M $101.0M
Other Receivables $36.55M $13.31M
Total Short-Term Assets $399.2M $191.9M
YoY Change 99.49%
LONG-TERM ASSETS
Property, Plant & Equipment $2.122B $2.096B
YoY Change -2.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $185.6M $300.7M
YoY Change -39.56%
Total Long-Term Assets $2.308B $2.397B
YoY Change -7.21%
TOTAL ASSETS
Total Short-Term Assets $399.2M $191.9M
Total Long-Term Assets $2.308B $2.397B
Total Assets $2.707B $2.589B $2.770B
YoY Change 0.73% -6.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $109.1M $90.25M
YoY Change 31.61%
Accrued Expenses $290.6M $269.0M
YoY Change -0.51%
Deferred Revenue $6.807M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $19.32M $373.0K
YoY Change 5079.09%
Total Short-Term Liabilities $422.2M $362.8M
YoY Change 11.37%
LONG-TERM LIABILITIES
Long-Term Debt $856.7M $289.6M
YoY Change 183.82%
Other Long-Term Liabilities $24.04M $13.87M
YoY Change 60.85%
Total Long-Term Liabilities $880.7M $303.5M
YoY Change 178.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $422.2M $362.8M
Total Long-Term Liabilities $880.7M $303.5M
Total Liabilities $2.363B $1.792B
YoY Change 25.23%
SHAREHOLDERS EQUITY
Retained Earnings -$43.71M
YoY Change
Common Stock $280.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $204.3M $657.6M
YoY Change
Total Liabilities & Shareholders Equity $2.707B $2.589B
YoY Change 0.73%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$29.01M $7.728M $2.503M
YoY Change -256.82% 208.75%
Depreciation, Depletion And Amortization $47.09M $46.65M $49.85M
YoY Change -6.38% -6.41%
Cash From Operating Activities $76.40M $67.70M $75.30M
YoY Change -51.86% -10.09%
INVESTING ACTIVITIES
Capital Expenditures -$30.40M -$27.80M -$15.50M
YoY Change 178.9% 79.35%
Acquisitions
YoY Change
Other Investing Activities $6.700M $900.0K $400.0K
YoY Change 139.29% 125.0%
Cash From Investing Activities -$23.70M -$26.90M -$15.00M
YoY Change 189.02% 79.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 97.60M -43.80M -63.00M
YoY Change -167.92% -30.48%
NET CHANGE
Cash From Operating Activities 76.40M 67.70M 75.30M
Cash From Investing Activities -23.70M -26.90M -15.00M
Cash From Financing Activities 97.60M -43.80M -63.00M
Net Change In Cash 150.3M -3.000M -2.700M
YoY Change 2110.29% 11.11%
FREE CASH FLOW
Cash From Operating Activities $76.40M $67.70M $75.30M
Capital Expenditures -$30.40M -$27.80M -$15.50M
Free Cash Flow $106.8M $95.50M $90.80M
YoY Change -37.03% 5.18%

Facts In Submission

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9498000 USD
CY2016Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
42361000 USD
CY2017Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
42506000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1887310000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
1791563000 USD
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LiabilitiesAndStockholdersEquity
2687434000 USD
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LiabilitiesAndStockholdersEquity
2588529000 USD
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1194577000 USD
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3100000 USD
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302200000 USD
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313639000 USD
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LongTermDebtAndCapitalLeaseObligations
299029000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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4076000 USD
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3520000 USD
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LongTermDebtCurrent
373000 USD
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LongTermDebtCurrent
373000 USD
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LongTermDebtNoncurrent
301827000 USD
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LongTermDebtNoncurrent
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CY2016Q4 us-gaap Minority Interest
MinorityInterest
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MinorityInterest
139404000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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16403000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
170424000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
171651000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
2503000 USD
us-gaap Net Income Loss
NetIncomeLoss
22995000 USD
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4541000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
790000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10567000 USD
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OperatingCostsAndExpenses
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us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
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OperatingCostsAndExpenses
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OperatingCostsAndExpenses
682403000 USD
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CY2017Q3 us-gaap Other Accrued Liabilities Current
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CY2016Q4 us-gaap Other Assets Miscellaneous Noncurrent
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OtherAssetsMiscellaneousNoncurrent
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CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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1423000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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7707000 USD
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OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
3285000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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9855000 USD
CY2016Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
820000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
4441000 USD
CY2017Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1893000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
5679000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1423000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7707000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3285000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9855000 USD
CY2016Q3 us-gaap Other Income
OtherIncome
13569000 USD
us-gaap Other Income
OtherIncome
49702000 USD
CY2017Q3 us-gaap Other Income
OtherIncome
19713000 USD
us-gaap Other Income
OtherIncome
52508000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14947000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13873000 USD
CY2016Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
689000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1870000 USD
CY2017Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
775000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
8518000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
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us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-436000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1195000 USD
CY2016Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
659474000 USD
CY2017Q3 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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649565000 USD
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
23320000 USD
CY2017Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
13313000 USD
CY2016Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
4549000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
20316000 USD
CY2017Q3 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
15065000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
42806000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1009000 USD
CY2016Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15455000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
42661000 USD
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
27781000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
51010000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
16241000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
16403000 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
17601000 USD
CY2017Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
21859000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
23000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-13000000 USD
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-297000 USD
us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-2920000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5026000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
17921000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
4751000 USD
us-gaap Profit Loss
ProfitLoss
27536000 USD
us-gaap Profit Loss
ProfitLoss
107209000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4593395000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4604067000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2180270000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2095924000 USD
CY2016Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
8666000 USD
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
26289000 USD
CY2017Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
1589000 USD
us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
12722000 USD
CY2016Q3 us-gaap Revenue Coal Services
RevenueCoalServices
1908000 USD
us-gaap Revenue Coal Services
RevenueCoalServices
2512000 USD
CY2017Q3 us-gaap Revenue Coal Services
RevenueCoalServices
3569000 USD
us-gaap Revenue Coal Services
RevenueCoalServices
9667000 USD
CY2016Q3 us-gaap Royalty Revenue From Coal
RoyaltyRevenueFromCoal
1969000 USD
us-gaap Royalty Revenue From Coal
RoyaltyRevenueFromCoal
6402000 USD
CY2017Q3 us-gaap Royalty Revenue From Coal
RoyaltyRevenueFromCoal
3520000 USD
us-gaap Royalty Revenue From Coal
RoyaltyRevenueFromCoal
15713000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
295389000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
852477000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
335313000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1059585000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12157000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30177000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
21180000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
58597000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8341000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15074000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
657631000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
657562000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
800124000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
796966000 USD
CY2016Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
13596000 USD
CY2017Q3 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
12280000 USD
CY2016Q4 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
65932000 USD
CY2017Q3 us-gaap Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
64866000 USD

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