2024 Q4 Form 10-Q Financial Statement

#000107541524000031 Filed on November 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $373.6M $371.4M
YoY Change 4.8% 7.27%
Cost Of Revenue $309.7M $304.1M
YoY Change 3.77% 6.23%
Gross Profit $63.94M $67.33M
YoY Change 10.07% 12.23%
Gross Profit Margin 17.11% 18.13%
Selling, General & Admin $13.93M $6.262M
YoY Change 100.36% -14.03%
% of Gross Profit 21.79% 9.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.96M $68.36M
YoY Change 2.56% -0.05%
% of Gross Profit 107.84% 101.53%
Operating Expenses $82.89M $74.62M
YoY Change 11.73% -1.4%
Operating Profit -$18.95M -$7.292M
YoY Change 17.71% -53.52%
Interest Expense $59.44M $58.70M
YoY Change 24.47% -238.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$99.07M -$85.38M
YoY Change 51.38% 13.42%
Income Tax $148.0K $170.0K
% Of Pretax Income
Net Earnings -$98.69M -$97.86M
YoY Change 50.03% 34.85%
Net Earnings / Revenue -26.41% -26.35%
Basic Earnings Per Share -$0.41 -$0.41
Diluted Earnings Per Share -$0.41 -$0.41
COMMON SHARES
Basic Shares Outstanding 241.3M shares 240.6M shares 240.4M shares
Diluted Shares Outstanding 239.7M shares 239.3M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $256.5M $265.6M
YoY Change -7.76% -21.53%
Cash & Equivalents $256.5M $265.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $256.5M $265.6M
YoY Change -7.76% -21.53%
LONG-TERM ASSETS
Property, Plant & Equipment $4.583B $4.677B
YoY Change -5.02% -3.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $23.76M $24.91M
YoY Change -84.54% -83.94%
Other Assets $86.04M $48.49M
YoY Change 236.08% 19.22%
Total Long-Term Assets $5.029B $5.068B
YoY Change -4.26% -3.41%
TOTAL ASSETS
Total Short-Term Assets $256.5M $265.6M
Total Long-Term Assets $5.029B $5.068B
Total Assets $5.285B $5.333B
YoY Change -4.43% -4.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $43.84M $45.31M
YoY Change -22.54% -15.38%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.84M $45.31M
YoY Change -22.54% -15.38%
LONG-TERM LIABILITIES
Long-Term Debt $2.945B $2.920B
YoY Change 5.76% 4.86%
Other Long-Term Liabilities $247.7M $218.9M
YoY Change 0.19% -8.04%
Total Long-Term Liabilities $3.193B $3.139B
YoY Change 5.3% 3.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.84M $45.31M
Total Long-Term Liabilities $3.193B $3.139B
Total Liabilities $3.237B $3.184B
YoY Change 4.79% 3.51%
SHAREHOLDERS EQUITY
Retained Earnings $1.495B $1.594B
YoY Change -20.49% -18.11%
Common Stock $4.622B $4.622B
YoY Change 0.04% 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.048B $2.149B
YoY Change
Total Liabilities & Shareholders Equity $5.285B $5.333B
YoY Change -4.43% -4.51%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$98.69M -$97.86M
YoY Change 50.03% 34.85%
Depreciation, Depletion And Amortization $68.96M $68.36M
YoY Change 2.56% -0.05%
Cash From Operating Activities $21.13M $44.29M
YoY Change -250.62% 72.47%
INVESTING ACTIVITIES
Capital Expenditures $47.25M $41.00M
YoY Change -21.86% -13.95%
Acquisitions
YoY Change
Other Investing Activities $22.06M $4.145M
YoY Change -70.41%
Cash From Investing Activities -$25.19M -$36.85M
YoY Change -58.34% 9.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.628M 54.48M
YoY Change 32.95% -409.01%
NET CHANGE
Cash From Operating Activities 21.13M 44.29M
Cash From Investing Activities -25.19M -36.85M
Cash From Financing Activities -4.628M 54.48M
Net Change In Cash -8.685M 61.92M
YoY Change -88.86% -342.02%
FREE CASH FLOW
Cash From Operating Activities $21.13M $44.29M
Capital Expenditures $47.25M $41.00M
Free Cash Flow -$26.11M $3.295M
YoY Change -64.95% -115.0%

Facts In Submission

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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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ConstructionInProgressExpendituresIncurredButNotYetPaid
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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CashAndCashEquivalentsAtCarryingValue
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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NumberOfStates
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StraightLineRent
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StraightLineRent
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StraightLineRentExcludingPropertiesHeldforSale
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DividendsCommonStock
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DividendsCommonStock
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CommonStockDividendsPerShareDeclared
0.03
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DividendsCommonStock
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us-gaap Number Of Operating Segments
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373640000 usd
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OperatingCostsAndExpenses
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GeneralAndAdministrativeExpense
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BusinessCombinationAcquisitionRelatedCosts
331000 usd
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InterestAndOtherIncome
2575000 usd
CY2024Q3 us-gaap Interest Expense
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59443000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148000 usd
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527000 usd
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CY2024Q3 us-gaap Assets
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CY2023Q3 us-gaap Income Tax Expense Benefit
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NetIncomeLoss
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CY2023Q4 us-gaap Assets
Assets
5446136000 usd
CY2024Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
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CY2024Q3 dhc Property Management And Construction Supervision Fees
PropertyManagementAndConstructionSupervisionFees
1787000 usd
CY2023Q3 dhc Property Management And Construction Supervision Fees
PropertyManagementAndConstructionSupervisionFees
2209000 usd
dhc Property Management And Construction Supervision Fees
PropertyManagementAndConstructionSupervisionFees
5411000 usd
dhc Property Management And Construction Supervision Fees
PropertyManagementAndConstructionSupervisionFees
6403000 usd
CY2024Q3 dhc Property Management And Construction Supervision Fees Paid
PropertyManagementAndConstructionSupervisionFeesPaid
4007000 usd
CY2023Q3 dhc Property Management And Construction Supervision Fees Paid
PropertyManagementAndConstructionSupervisionFeesPaid
3671000 usd
dhc Property Management And Construction Supervision Fees Paid
PropertyManagementAndConstructionSupervisionFeesPaid
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dhc Property Management And Construction Supervision Fees Paid
PropertyManagementAndConstructionSupervisionFeesPaid
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CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
148000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
505000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
379000 usd

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