2020 Q4 Form 10-Q Financial Statement

#000159200020000021 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $1.064B $928.5M $1.156B
YoY Change -7.91% -34.06% -43.85%
Cost Of Revenue $686.0M $549.5M $729.5M
YoY Change -5.96% -45.02% -54.53%
Gross Profit $378.3M $284.7M $426.2M
YoY Change -11.24% -1.59% -6.12%
Gross Profit Margin 35.54% 30.66% 36.88%
Selling, General & Admin $23.70M $25.70M $32.70M
YoY Change -27.52% -33.25% -19.26%
% of Gross Profit 6.26% 9.03% 7.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $157.3M $160.3M $153.9M
YoY Change 2.21% 1.91% 4.55%
% of Gross Profit 41.58% 56.3% 36.11%
Operating Expenses $271.7M $25.70M $299.9M
YoY Change -9.4% -33.25% -1.28%
Operating Profit $92.30M $100.5M -$821.7M
YoY Change -111.23% 4.15% 332.25%
Interest Expense -$54.90M -$52.00M -$81.50M
YoY Change -32.64% 6.56% 71.22%
% of Operating Profit -59.48% -51.74%
Other Income/Expense, Net -$2.400M -$55.30M -$4.000M
YoY Change -40.0% 4.93% -366.67%
Pretax Income $35.00M $45.20M -$907.2M
YoY Change -103.86% 3.2% 284.08%
Income Tax $159.2M $6.000M $4.200M
% Of Pretax Income 454.86% 13.27%
Net Earnings -$151.4M $12.60M -$938.7M
YoY Change -83.87% 6.78% 1431.32%
Net Earnings / Revenue -14.23% 1.36% -81.22%
Basic Earnings Per Share -$0.31 $0.03 -$1.92
Diluted Earnings Per Share -$0.31 $0.03 -$1.92
COMMON SHARES
Basic Shares Outstanding 489.7M shares 489.7M shares 487.6M shares
Diluted Shares Outstanding 490.9M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.00M $79.00M $77.00M
YoY Change -48.05% -22.55% -23.0%
Cash & Equivalents $39.60M $78.90M $77.40M
Short-Term Investments
Other Short-Term Assets $58.70M $81.70M $57.80M
YoY Change 1.56% 19.27% -22.1%
Inventory $44.90M $63.90M $43.40M
Prepaid Expenses
Receivables $80.60M $58.30M $36.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $651.4M $581.4M $644.4M
YoY Change 1.09% -13.84% -37.81%
LONG-TERM ASSETS
Property, Plant & Equipment $6.652B $6.742B $7.081B
YoY Change -6.06% -4.83% 3.43%
Goodwill $0.00 $0.00 $184.6M
YoY Change -100.0% -100.0% -85.91%
Intangibles $1.125B $1.156B $1.250B
YoY Change -9.96% -9.73% -9.01%
Long-Term Investments $41.60M $41.90M $43.10M
YoY Change -3.48% -46.69% -46.19%
Other Assets $75.50M $140.3M $128.2M
YoY Change -41.11% 4.47% 196.07%
Total Long-Term Assets $7.900B $8.086B $8.691B
YoY Change -9.11% -16.72% -10.01%
TOTAL ASSETS
Total Short-Term Assets $651.4M $581.4M $644.4M
Total Long-Term Assets $7.900B $8.086B $8.691B
Total Assets $8.551B $8.667B $9.336B
YoY Change -8.41% -16.54% -12.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.50M $54.40M $70.60M
YoY Change -14.31% -40.81% -33.08%
Accrued Expenses $149.1M $198.8M $206.2M
YoY Change -27.69% -29.5% -16.92%
Deferred Revenue $8.400M $10.50M $10.80M
YoY Change -22.22% 14.13% 5.88%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $349.8M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $888.0M $502.0M $647.1M
YoY Change 37.23% -29.38% -49.45%
LONG-TERM LIABILITIES
Long-Term Debt $4.244B $4.650B $4.764B
YoY Change -10.92% -0.82% 18.19%
Other Long-Term Liabilities $94.80M $83.50M $90.80M
YoY Change 4.41% -8.04% 354.0%
Total Long-Term Liabilities $4.339B $4.734B $4.855B
YoY Change -10.63% -0.95% 19.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $888.0M $502.0M $647.1M
Total Long-Term Liabilities $4.339B $4.734B $4.855B
Total Liabilities $5.227B $5.236B $5.502B
YoY Change -5.01% -4.63% 3.21%
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 $1.494B $1.682B $2.125B
YoY Change
Total Liabilities & Shareholders Equity $8.551B $8.667B $9.336B
YoY Change -8.41% -16.54% -12.7%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income -$151.4M $12.60M -$938.7M
YoY Change -83.87% 6.78% 1431.32%
Depreciation, Depletion And Amortization $157.3M $160.3M $153.9M
YoY Change 2.21% 1.91% 4.55%
Cash From Operating Activities $170.1M $244.2M $214.4M
YoY Change -20.66% -4.61% -30.52%
INVESTING ACTIVITIES
Capital Expenditures -$47.80M -$50.80M -$160.4M
YoY Change -70.2% -69.42% -21.26%
Acquisitions
YoY Change
Other Investing Activities -$19.20M $2.100M $1.900M
YoY Change -1110.53% -79.0% -81.73%
Cash From Investing Activities -$67.00M -$48.70M -$158.5M
YoY Change -57.73% -68.8% -18.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -142.4M -168.6M -80.70M
YoY Change 76.46% 197.35% 1.25%
NET CHANGE
Cash From Operating Activities 170.1M 244.2M 214.4M
Cash From Investing Activities -67.00M -48.70M -158.5M
Cash From Financing Activities -142.4M -168.6M -80.70M
Net Change In Cash -39.30M 26.90M -24.80M
YoY Change 58.47% -37.73% -169.66%
FREE CASH FLOW
Cash From Operating Activities $170.1M $244.2M $214.4M
Capital Expenditures -$47.80M -$50.80M -$160.4M
Free Cash Flow $217.9M $295.0M $374.8M
YoY Change -41.86% -30.11% -26.84%

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3000000.0 USD
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14400000 USD
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CY2019Q4 enlc Accrued Ad Valorem Taxes
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12100000 USD
CY2019Q4 enlc Accrued Capital Expenditures
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42400000 USD
CY2020Q3 enlc Onerous Contract Obligation Current
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11800000 USD
CY2019Q4 enlc Onerous Contract Obligation Current
OnerousContractObligationCurrent
8700000 USD
CY2020Q3 enlc Finance Lease And Operating Lease Liability Current
FinanceLeaseAndOperatingLeaseLiabilityCurrent
17100000 USD
CY2019Q4 enlc Finance Lease And Operating Lease Liability Current
FinanceLeaseAndOperatingLeaseLiabilityCurrent
21100000 USD
CY2020Q3 enlc Accrued Suspense Producer Payments
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CY2019Q4 enlc Accrued Suspense Producer Payments
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CY2020Q3 us-gaap Contract With Customer Liability Current
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CY2019Q4 us-gaap Contract With Customer Liability Current
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CY2020Q3 us-gaap Other Sundry Liabilities Current
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CY2019Q4 us-gaap Other Sundry Liabilities Current
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12300000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
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198800000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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78900000 USD
CY2020Q3 us-gaap Interest Income Expense Net
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us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
32000000.0 USD

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