2018 Q1 Form 8-K Financial Statement

#000138365018000028 Filed on June 15, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $1.593B $891.0M
YoY Change 78.79% 1229.85%
Cost Of Revenue $837.0M $513.0M
YoY Change 63.16% 12725.0%
Gross Profit $756.0M $378.0M
YoY Change 100.0% 500.0%
Gross Profit Margin 47.46% 42.42%
Selling, General & Admin $22.00M $25.00M
YoY Change -12.0% 0.81%
% of Gross Profit 2.91% 6.61%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $105.0M $66.00M
YoY Change 59.09% 247.37%
% of Gross Profit 13.89% 17.46%
Operating Expenses $1.085B $672.0M
YoY Change 61.46% 772.73%
Operating Profit $508.0M $219.0M
YoY Change 131.96% -2290.0%
Interest Expense $185.0M $130.0M
YoY Change 42.31% 202.33%
% of Operating Profit 36.42% 59.36%
Other Income/Expense, Net -$173.0M -$172.0M
YoY Change 0.58% 164.62%
Pretax Income $335.0M $47.00M
YoY Change 612.77% -162.75%
Income Tax
% Of Pretax Income
Net Earnings $335.0M $47.00M
YoY Change 612.77% -162.67%
Net Earnings / Revenue 21.03% 5.27%
Basic Earnings Per Share
Diluted Earnings Per Share $692.1K $139.1K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00
YoY Change -100.0%
Cash & Equivalents $0.00 $0.00
Short-Term Investments
Other Short-Term Assets $54.00M $30.00M
YoY Change 80.0% 66.8%
Inventory $83.00M $87.00M
Prepaid Expenses
Receivables $443.0M $245.0M
Other Receivables $8.000M $9.000M
Total Short-Term Assets $2.065B $1.127B
YoY Change 83.23% 124.41%
LONG-TERM ASSETS
Property, Plant & Equipment $15.15B $14.64B
YoY Change 3.48% 15.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $197.0M $205.0M
YoY Change -3.9% -7.08%
Total Long-Term Assets $15.40B $15.97B
YoY Change -3.54% 21.42%
TOTAL ASSETS
Total Short-Term Assets $2.065B $1.127B
Total Long-Term Assets $15.40B $15.97B
Total Assets $17.47B $17.09B
YoY Change 2.18% 25.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.00M $35.00M
YoY Change -68.57% 104.31%
Accrued Expenses $509.0M $426.0M
YoY Change 19.48% 28.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $649.0M $577.0M
YoY Change 12.48% -74.38%
LONG-TERM LIABILITIES
Long-Term Debt $16.05B $16.02B
YoY Change 0.2% 49.24%
Other Long-Term Liabilities $11.00M $30.00M
YoY Change -63.33% 17341.86%
Total Long-Term Liabilities $16.06B $16.02B
YoY Change 0.27% 49.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $649.0M $577.0M
Total Long-Term Liabilities $16.06B $16.02B
Total Liabilities $16.71B $16.60B
YoY Change 0.69% 27.8%
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 $725.0M $465.0M
YoY Change
Total Liabilities & Shareholders Equity $17.47B $17.09B
YoY Change 2.18% 25.21%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $335.0M $47.00M
YoY Change 612.77% -162.67%
Depreciation, Depletion And Amortization $105.0M $66.00M
YoY Change 59.09% 247.37%
Cash From Operating Activities $331.0M $115.0M
YoY Change 187.83% -2016.67%
INVESTING ACTIVITIES
Capital Expenditures $194.0M $524.0M
YoY Change -62.98% -26.71%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$194.0M -$524.0M
YoY Change -62.98% -30.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$249.0M $1.560B
YoY Change -115.96% 108.84%
NET CHANGE
Cash From Operating Activities $331.0M $115.0M
Cash From Investing Activities -$194.0M -$524.0M
Cash From Financing Activities -$249.0M $1.560B
Net Change In Cash -$112.0M $1.151B
YoY Change -109.73% -14487.5%
FREE CASH FLOW
Cash From Operating Activities $331.0M $115.0M
Capital Expenditures $194.0M $524.0M
Free Cash Flow $137.0M -$409.0M
YoY Change -133.5% -43.27%

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OtherNonoperatingIncomeExpense
0 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4000000 USD
CY2017Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
6000000 USD
CY2018Q1 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
8000000 USD
CY2017Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
2000000 USD
CY2018Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
10000000 USD
CY2017Q4 us-gaap Partners Capital
PartnersCapital
639000000 USD
CY2018Q1 us-gaap Partners Capital
PartnersCapital
725000000 USD
CY2018Q1 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
249000000 USD
CY2017Q1 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
0 USD
CY2018Q1 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
0 USD
CY2017Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
25000000 USD
CY2018Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
249000000 USD
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
26000000 USD
CY2018Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2017Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2018Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
524000000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
194000000 USD
CY2017Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2018Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2314000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15139000000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15145000000 USD
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
191000000 USD
CY2018Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
240000000 USD
CY2017Q1 us-gaap Related Party Costs
RelatedPartyCosts
0 USD
CY2018Q1 us-gaap Related Party Costs
RelatedPartyCosts
0 USD
CY2017Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
1000000 USD
CY2018Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
0 USD
CY2017Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
22000000 USD
CY2018Q1 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
18000000 USD
CY2017Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
703000000 USD
CY2018Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1589000000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1477000000 USD
CY2017Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
884000000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1574000000 USD
CY2017Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
331000000 USD
CY2018Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
503000000 USD
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
58000000000 USD
CY2017Q1 us-gaap Revenues
Revenues
891000000 USD
CY2018Q1 us-gaap Revenues
Revenues
1593000000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
65000000 USD
CY2018Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
65000000 USD
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
22000000 USD
CY2018Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
57000000 USD
CY2017Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
57100000 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
348600000 shares

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cqp-20180615.xml Edgar Link completed
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