2015 Q1 Form 10-Q Financial Statement
#000138365015000031 Filed on April 30, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
Revenue | $67.53M | $67.22M |
YoY Change | 0.46% | 1.68% |
Cost Of Revenue | $693.0K | $13.70M |
YoY Change | -94.94% | -9.87% |
Gross Profit | $66.84M | $53.60M |
YoY Change | 24.7% | 5.3% |
Gross Profit Margin | 98.97% | 79.74% |
Selling, General & Admin | $25.10M | $30.50M |
YoY Change | -17.7% | 12.96% |
% of Gross Profit | 37.55% | 56.9% |
Research & Development | $1.151M | $3.496M |
YoY Change | -67.08% | 0.34% |
% of Gross Profit | 1.72% | 6.52% |
Depreciation & Amortization | $14.88M | $14.32M |
YoY Change | 3.92% | 0.1% |
% of Gross Profit | 22.26% | 26.71% |
Operating Expenses | $77.35M | $62.14M |
YoY Change | 24.49% | 2.81% |
Operating Profit | -$9.822M | $4.893M |
YoY Change | -300.74% | -13.7% |
Interest Expense | $42.85M | $40.27M |
YoY Change | 6.39% | 0.02% |
% of Operating Profit | 823.01% | |
Other Income/Expense, Net | -$168.9M | -$74.82M |
YoY Change | 125.68% | 30.34% |
Pretax Income | -$178.7M | -$69.70M |
YoY Change | 156.38% | 34.82% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$178.7M | -$69.73M |
YoY Change | 156.23% | 34.79% |
Net Earnings / Revenue | -264.59% | -103.74% |
Basic Earnings Per Share | -$0.61 | |
Diluted Earnings Per Share | -$0.61 | -$206.3K |
COMMON SHARES | ||
Basic Shares Outstanding | 0.000 shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $171.0M | $325.0M |
YoY Change | -47.38% | -28.88% |
Cash & Equivalents | $171.5M | $325.3M |
Short-Term Investments | ||
Other Short-Term Assets | $277.0M | $188.0M |
YoY Change | 47.34% | -27.69% |
Inventory | $16.28M | $4.072M |
Prepaid Expenses | ||
Receivables | $26.20M | $13.00M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $512.4M | $530.1M |
YoY Change | -3.33% | -27.67% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $9.535B | $7.028B |
YoY Change | 35.67% | 116.79% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $137.2M | $97.13M |
YoY Change | 41.25% | 336.56% |
Total Long-Term Assets | $11.74B | $7.843B |
YoY Change | 49.64% | 57.6% |
TOTAL ASSETS | ||
Total Short-Term Assets | $512.4M | $530.1M |
Total Long-Term Assets | $11.74B | $7.843B |
Total Assets | $12.25B | $8.373B |
YoY Change | 46.29% | 46.65% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $8.379M | $4.836M |
YoY Change | 73.26% | -75.76% |
Accrued Expenses | $204.5M | $123.0M |
YoY Change | 66.23% | -43.68% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $264.3M | $200.7M |
YoY Change | 31.7% | -29.48% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $10.99B | $6.578B |
YoY Change | 67.1% | 79.33% |
Other Long-Term Liabilities | $6.943M | $192.0K |
YoY Change | 3516.15% | -36.0% |
Total Long-Term Liabilities | $11.00B | $6.579B |
YoY Change | 67.2% | 79.32% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $264.3M | $200.7M |
Total Long-Term Liabilities | $11.00B | $6.579B |
Total Liabilities | $11.26B | $6.779B |
YoY Change | 66.15% | 71.49% |
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 | $927.0M | $1.545B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $12.25B | $8.373B |
YoY Change | 46.29% | 46.65% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$178.7M | -$69.73M |
YoY Change | 156.23% | 34.79% |
Depreciation, Depletion And Amortization | $14.88M | $14.32M |
YoY Change | 3.92% | 0.1% |
Cash From Operating Activities | -$52.42M | -$456.0K |
YoY Change | 11396.49% | -120.11% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $542.1M | $751.8M |
YoY Change | -27.89% | 61.66% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $30.51M | $10.05M |
YoY Change | 203.56% | 1172.15% |
Cash From Investing Activities | -$188.0K | -$480.0K |
YoY Change | -60.83% | -81.04% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $0.00 | |
YoY Change | ||
Cash From Financing Activities | -$24.75M | -$24.75M |
YoY Change | 0.0% | -165.44% |
NET CHANGE | ||
Cash From Operating Activities | -$52.42M | -$456.0K |
Cash From Investing Activities | -$188.0K | -$480.0K |
Cash From Financing Activities | -$24.75M | -$24.75M |
Net Change In Cash | -$77.37M | -$25.69M |
YoY Change | 201.15% | -168.4% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$52.42M | -$456.0K |
Capital Expenditures | $542.1M | $751.8M |
Free Cash Flow | -$594.5M | -$752.3M |
YoY Change | -20.97% | 62.55% |
Facts In Submission
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---|---|---|---|---|
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Amendment Flag
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|
false | |
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Q1 | |
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2015 | |
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2015-03-31 | |
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Document Type
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|
8991333000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
10992229000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-24754000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-24754000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-480000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-188000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-456000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-52424000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-69733000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-178676000 | USD |
CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-74819000 | USD |
CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-168100000 | USD |
CY2014Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
9219000 | USD |
CY2015Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
31987000 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
62135000 | USD |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
78106000 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5086000 | USD |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10576000 | USD |
CY2014Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
647000 | USD |
CY2015Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1229000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
124521000 | USD |
CY2015Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
137192000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2452000 | USD |
CY2015Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6943000 | USD |
CY2014Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2000 | USD |
CY2015Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
132000 | USD |
CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
121000 | USD |
CY2014Q4 | us-gaap |
Partners Capital
PartnersCapital
|
1130729000 | USD |
CY2015Q1 | us-gaap |
Partners Capital
PartnersCapital
|
927299000 | USD |
CY2015Q1 | us-gaap |
Partners Capital Account Distributions
PartnersCapitalAccountDistributions
|
24754000 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
10050000 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
30508000 | USD |
CY2014Q1 | us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
24754000 | USD |
CY2015Q1 | us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
24754000 | USD |
CY2014Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
13957000 | USD |
CY2015Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
50662000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
751808000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
542114000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6411000 | USD |
CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
10120000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
2000000000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
13957000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
-1949338000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8978356000 | USD |
CY2015Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
9534951000 | USD |
CY2014Q1 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
27153000 | USD |
CY2015Q1 | us-gaap |
Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
|
21597000 | USD |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3496000 | USD |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1151000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
195702000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
261371000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
544465000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
1849456000 | USD |
CY2014Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
772000 | USD |
CY2015Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
812000 | USD |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
67221000 | USD |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
67530000 | USD |
CY2014Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-94487000 | USD |
CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-203430000 | USD |
CY2014Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-34701000 | USD |
CY2015Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-36384000 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
57079000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
57080000 | shares |