$DNOW
DNOW Inc.

2015 Q3 Form 10-Q Financial Statement

#000156459015009140 Filed on November 03, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $753.0M $1.070B
YoY Change -29.63% -3.86%
Cost Of Revenue $636.0M $857.0M
YoY Change -25.79% -5.51%
Gross Profit $117.0M $213.0M
YoY Change -45.07% 3.4%
Gross Profit Margin 15.54% 19.91%
Selling, General & Admin $153.0M $55.00M
YoY Change 178.18% 41.03%
% of Gross Profit 130.77% 25.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.00M $4.000M
YoY Change 150.0% -20.0%
% of Gross Profit 8.55% 1.88%
Operating Expenses $153.0M $55.00M
YoY Change 178.18% 41.03%
Operating Profit -$291.0M $50.00M
YoY Change -682.0% -20.63%
Interest Expense $0.00 -$1.000M
YoY Change -100.0% -75.0%
% of Operating Profit -2.0%
Other Income/Expense, Net
YoY Change
Pretax Income -$291.0M $49.00M
YoY Change -693.88% -16.95%
Income Tax -$67.00M $17.00M
% Of Pretax Income 34.69%
Net Earnings -$224.0M $32.00M
YoY Change -800.0% -17.95%
Net Earnings / Revenue -29.75% 2.99%
Basic Earnings Per Share -$2.09 $0.30
Diluted Earnings Per Share -$2.09 $0.30
COMMON SHARES
Basic Shares Outstanding 107.0M 107.0M
Diluted Shares Outstanding 107.0M 108.0M

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $126.0M $166.0M
YoY Change -24.1%
Cash & Equivalents $126.0M $166.0M
Short-Term Investments
Other Short-Term Assets $71.00M $55.00M
YoY Change 29.09%
Inventory $771.0M $905.0M
Prepaid Expenses
Receivables $564.0M $906.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.532B $2.032B
YoY Change -24.61%
LONG-TERM ASSETS
Property, Plant & Equipment $162.0M $124.0M
YoY Change 30.65%
Goodwill $328.0M
YoY Change
Intangibles $65.00M
YoY Change
Long-Term Investments
YoY Change
Other Assets $48.00M $9.000M
YoY Change 433.33%
Total Long-Term Assets $654.0M $526.0M
YoY Change 24.33%
TOTAL ASSETS
Total Short-Term Assets $1.532B $2.032B
Total Long-Term Assets $654.0M $526.0M
Total Assets $2.186B $2.558B
YoY Change -14.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $292.0M $454.0M
YoY Change -35.68%
Accrued Expenses $77.00M $120.0M
YoY Change -35.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $389.0M $578.0M
YoY Change -32.7%
LONG-TERM LIABILITIES
Long-Term Debt $120.0M $0.00
YoY Change
Other Long-Term Liabilities $4.000M $2.000M
YoY Change 100.0%
Total Long-Term Liabilities $120.0M $2.000M
YoY Change 5900.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $389.0M $578.0M
Total Long-Term Liabilities $120.0M $2.000M
Total Liabilities $509.0M $585.0M
YoY Change -12.99%
SHAREHOLDERS EQUITY
Retained Earnings $42.00M
YoY Change
Common Stock $1.952B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.658B $1.973B
YoY Change
Total Liabilities & Shareholders Equity $2.186B $2.558B
YoY Change -14.54%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$224.0M $32.00M
YoY Change -800.0% -17.95%
Depreciation, Depletion And Amortization $10.00M $4.000M
YoY Change 150.0% -20.0%
Cash From Operating Activities $163.0M -$40.00M
YoY Change -507.5% -150.63%
INVESTING ACTIVITIES
Capital Expenditures -$2.000M -$14.00M
YoY Change -85.71% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$171.0M $0.00
YoY Change
Cash From Investing Activities -$173.0M -$14.00M
YoY Change 1135.71% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 40.00M 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 163.0M -40.00M
Cash From Investing Activities -173.0M -14.00M
Cash From Financing Activities 40.00M 0.000
Net Change In Cash 30.00M -54.00M
YoY Change -155.56% 5.88%
FREE CASH FLOW
Cash From Operating Activities $163.0M -$40.00M
Capital Expenditures -$2.000M -$14.00M
Free Cash Flow $165.0M -$26.00M
YoY Change -734.62% -127.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Reclassification</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain amounts in the prior periods presented have been reclassified to conform to the current period financial statement presentation. These reclassifications have no effect on previously reported operating profit (loss), income (loss) before income taxes or net income (loss).</p></div>
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CY2013Q4 dnow Number Of Vendors
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