2016 Q1 Form 10-Q Financial Statement
#000143774916031425 Filed on May 10, 2016
Income Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| Revenue | $46.64M | $54.09M |
| YoY Change | -13.78% | -34.2% |
| Cost Of Revenue | $33.16M | $38.31M |
| YoY Change | -13.45% | -47.23% |
| Gross Profit | $11.05M | $13.31M |
| YoY Change | -16.98% | 38.69% |
| Gross Profit Margin | 23.7% | 24.62% |
| Selling, General & Admin | $1.800M | $1.800M |
| YoY Change | 0.0% | 28.57% |
| % of Gross Profit | 16.29% | 13.52% |
| Research & Development | $687.0K | $715.0K |
| YoY Change | -3.92% | 2.14% |
| % of Gross Profit | 6.22% | 5.37% |
| Depreciation & Amortization | $2.622M | $2.301M |
| YoY Change | 13.95% | -2.5% |
| % of Gross Profit | 23.72% | 17.28% |
| Operating Expenses | $2.524M | $2.537M |
| YoY Change | -0.51% | 20.81% |
| Operating Profit | $8.529M | $10.78M |
| YoY Change | -20.86% | 43.69% |
| Interest Expense | $43.00K | $6.000K |
| YoY Change | 616.67% | -99.74% |
| % of Operating Profit | 0.5% | 0.06% |
| Other Income/Expense, Net | $168.0K | $2.237M |
| YoY Change | -92.49% | 1018.5% |
| Pretax Income | $8.697M | $13.01M |
| YoY Change | -33.17% | 30.14% |
| Income Tax | -$1.872M | $4.883M |
| % Of Pretax Income | -21.52% | 37.52% |
| Net Earnings | $10.57M | $8.131M |
| YoY Change | 29.98% | 29.06% |
| Net Earnings / Revenue | 22.66% | 15.03% |
| Basic Earnings Per Share | $0.24 | $0.19 |
| Diluted Earnings Per Share | $0.24 | $0.19 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 43.48M | 43.37M |
| Diluted Shares Outstanding | 43.49M | 43.38M |
Balance Sheet
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $220.7M | $242.8M |
| YoY Change | -9.11% | 14.74% |
| Cash & Equivalents | $148.3M | $160.4M |
| Short-Term Investments | $72.36M | $82.40M |
| Other Short-Term Assets | $1.868M | $3.300M |
| YoY Change | -43.39% | 13.79% |
| Inventory | $69.91M | $64.40M |
| Prepaid Expenses | $1.536M | |
| Receivables | $54.47M | $16.50M |
| Other Receivables | $12.90M | $9.800M |
| Total Short-Term Assets | $367.7M | $336.9M |
| YoY Change | 9.13% | 16.98% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $122.5M | $127.6M |
| YoY Change | -4.0% | -1.09% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $1.408M | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $3.205M | $3.000M |
| YoY Change | 6.83% | 11.11% |
| Total Long-Term Assets | $127.5M | $130.6M |
| YoY Change | -2.35% | -0.76% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $367.7M | $336.9M |
| Total Long-Term Assets | $127.5M | $130.6M |
| Total Assets | $495.2M | $467.5M |
| YoY Change | 5.93% | 11.42% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $31.23M | $34.10M |
| YoY Change | -8.43% | 58.6% |
| Accrued Expenses | $4.412M | $7.800M |
| YoY Change | -43.44% | 8.33% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $44.72M | $52.60M |
| YoY Change | -14.97% | 15.6% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $1.234M | $20.00M |
| YoY Change | -93.83% | 19.05% |
| Total Long-Term Liabilities | $47.49M | $20.00M |
| YoY Change | 137.46% | 19.05% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $44.72M | $52.60M |
| Total Long-Term Liabilities | $47.49M | $20.00M |
| Total Liabilities | $92.22M | $103.1M |
| YoY Change | -10.56% | 13.67% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $121.0M | |
| YoY Change | ||
| Common Stock | $4.000K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $403.0M | $364.4M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $495.2M | $467.5M |
| YoY Change | 5.93% | 11.42% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $10.57M | $8.131M |
| YoY Change | 29.98% | 29.06% |
| Depreciation, Depletion And Amortization | $2.622M | $2.301M |
| YoY Change | 13.95% | -2.5% |
| Cash From Operating Activities | $1.197M | $41.10M |
| YoY Change | -97.09% | 30.65% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $897.0K | $2.539M |
| YoY Change | -64.67% | -194.74% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$3.230M | $450.0K |
| YoY Change | -817.78% | -105.16% |
| Cash From Investing Activities | -$4.122M | -$2.092M |
| YoY Change | 97.04% | -81.67% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $2.623M | $2.623M |
| YoY Change | 0.0% | |
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -2.812M | -2.645M |
| YoY Change | 6.31% | -49.23% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.197M | 41.10M |
| Cash From Investing Activities | -4.122M | -2.092M |
| Cash From Financing Activities | -2.812M | -2.645M |
| Net Change In Cash | -5.737M | 36.37M |
| YoY Change | -115.78% | 145.05% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.197M | $41.10M |
| Capital Expenditures | $897.0K | $2.539M |
| Free Cash Flow | $300.0K | $38.56M |
| YoY Change | -99.22% | 12.96% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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Blending Tax Credit
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Change In Fair Value Of Derivative Instruments And Marketable Securities
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Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px; width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">15</div><div style="display: inline; font-weight: bold;">)</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; font-weight: bold;"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> R<div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">C</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">N</div><div style="display: inline; font-weight: bold;">T</div><div style="display: inline; font-weight: bold;">L</div><div style="display: inline; font-weight: bold;">Y</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">I</div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;">U</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">D</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">AC</div><div style="display: inline; font-weight: bold;">C</div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">UNT</div><div style="display: inline; font-weight: bold;">I</div><div style="display: inline; font-weight: bold;">N</div><div style="display: inline; font-weight: bold;">G</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;">T</div><div style="display: inline; font-weight: bold;">A</div><div style="display: inline; font-weight: bold;">TE</div><div style="display: inline; font-weight: bold;">M</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">N</div><div style="display: inline; font-weight: bold;">T</div><div style="display: inline; font-weight: bold;">S </div></div></div></div></td> </tr> </table> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.55pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In May 2014, the FASB and International Accounting Standards Board jointly issued new principles-based accounting guidance for revenue recognition that will supersede virtually all existing revenue guidance. The core principle of this guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. To achieve the core principle, the guidance establishes the following five steps: 1) identify the contract(s) with a customer, 2) identify the performance obligation in the contract, 3) determine the transaction price, 4) allocate the transaction price to the performance obligations in the contract, and 5) recognize revenue when (or as) the entity satisfies a performance obligation. The guidance also details the accounting treatment for costs to obtain or fulfill a contract. Lastly, disclosure requirements have been enhanced to provide sufficient information to enable users of financial statements to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. This guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. However, in a July 2015 meeting, the FASB affirmed its proposal to defer the effective date by one year. The provisions of the Accounting Standards Update (ASU) are to be applied retrospectively; early adoption prior to the original effective date is not permitted. FutureFuel is currently evaluating the impact of this guidance on its financial position, results of operations, and related disclosures.</div></div> <div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.7pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In July 2015, the Financial Accounting Standards Board (the “FASB”) issued new guidance that requires inventory not measured using either the last in, first out (LIFO) or the retail inventory method to be measured at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable cost of completion, disposal, and transportation. The new standard will be effective for periods beginning on or after December 15, 2016 and will be applied prospectively. Early adoption is permitted. FutureFuel is currently evaluating the impact of this guidance on its financial position, results of operations, and related disclosures.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 40.5pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In November 2015, the FASB issued guidance under the simplification and productivity initiative for presentation of deferred income tax liabilities and assets. This guidance simplifies the presentation of deferred income taxes such that deferred tax liabilities and assets are to be classified as noncurrent in a classified balance sheet. The update does not amend the current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount. This guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early adoption is permitted as of the beginning of an interim or annual reporting period and may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company has elected not to early adopt the new guidance as of the balance sheet date due to the insignificance of the change. As of March 31, 2016 and December 31, 2015, the impact to the company would be a reclassification of $4,368 and $7,060, respectively, from current deferred tax liability to long-term deferred tax liability.</div><div style="display: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman, Times, serif"></div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 36pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 40.5pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In February 2016, the FASB issued guidance on lease accounting. The new guidance establishes two types of leases for lessees: finance or operating. The guidance for lessors is largely unchanged. Under the guidance, a lessee is to recognize a right-of-use asset and lease liability that arises from a lease. A lessee can make a policy election, by asset class, to not recognize lease assets or liabilities for leases with a term of 12 months or less. Both finance and operating leases will have associated right-of-use assets and liabilities initially measured at the present value of the lease payments. Current and noncurrent balance sheet classification will apply. Finance leases will have another reported element for interest associated with the principal lease liability. The component concept from the 2014 revenue recognition standard has been included in the new lease standard which will guide identification of individual assets and non-lease components. As with current GAAP, the guidance does not apply to the following leases: intangible assets to explore for or use minerals, oil, natural gas, and similar nonregenerative resources, biological assets (includes timber), inventory, or assets under construction. This guidance is effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period and early adoption is permitted. The new guidance is to be applied under a modified retrospective approach wherein practical expedients have been allowed that will not require reassessment of current leases at the effective date. The Company is currently evaluating the impact on the Company's financial position and results of operations and related disclosures.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt 0pt 0pt 40.5pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.65pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In March 2016, the FASB issued guidance in regards to stock compensation as a part of the simplification initiative that covers related tax accounting, cash flow presentation, and forfeitures. The two tax accounting related amendments are as follows: all excess tax benefits and tax deficiencies (including tax benefits of dividends on share-based payment awards) should be recognized as income tax expense or benefit in the income statement, the tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur, an entity also should recognize excess tax benefits regardless of whether the benefit reduces taxes payable in the current period; and the threshold to qualify for equity classification permits withholding up to the maximum statutory tax rates in the applicable jurisdictions. The cash flow presentation items sets forth that excess tax benefits should be classified along with other income tax cash flows as an operating activity and cash paid by an employer when directly withholding shares for tax withholding purposes should be classified as a financing activity. For forfeitures, an entity can make an entity-wide accounting policy election to either estimate the number of awards that are expected to vest (current GAAP) or account for forfeitures when they occur. This guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period and early adoption is permitted, including adoption in an interim period. The new guidance application is mixed among the various elements that include, retrospective, prospective, and modified retrospective transition methods. The Company is currently evaluating the impact on the Company's financial position and results of operations and related disclosures.</div></div></div> | |
| CY2016Q1 | us-gaap |
Distributed Earnings
DistributedEarnings
|
15000 | |
| CY2015Q1 | us-gaap |
Distributed Earnings
DistributedEarnings
|
21000 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.19 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.19 | |
| CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.215 | |
| CY2015Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.375 | |
| CY2016Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
2549000 | |
| CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1474000 | |
| CY2016Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
222000 | |
| CY2015Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1207000 | |
| CY2016Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-115000 | |
| CY2015Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-44000 | |
| CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
11053000 | |
| CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
13314000 | |
| CY2016Q1 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
1240000 | |
| CY2015Q1 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
186000 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
8697000 | |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
13014000 | |
| CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1872000 | |
| CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4883000 | |
| CY2016Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
906000 | |
| CY2015Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
827000 | |
| CY2016Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
12886000 | |
| CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
14114000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3217000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3757000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
49000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
-2907000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8153000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-33709000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
2293000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-1104000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
30000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
56000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1436000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2700000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
2720000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
2868000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-1228000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-9872000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4950000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
19087000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
||
| CY2015Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
369000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
8000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
330000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-106000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-350000 | |
| CY2016Q1 | us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
1349000 | |
| CY2015Q1 | us-gaap |
Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
|
4937000 | |
| CY2015Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
16000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
127000 | |
| CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
10918 | |
| CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
9895 | |
| CY2016Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1408000 | |
| CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1408000 | |
| CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
43000 | |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
6000 | |
| CY2016Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
7000 | |
| CY2015Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
6000 | |
| CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
||
| CY2015Q1 | us-gaap |
Interest Paid
InterestPaid
|
||
| CY2016Q1 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
3544000 | |
| CY2015Q1 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
704000 | |
| CY2016Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
38613000 | |
| CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
35517000 | |
| CY2016Q1 | us-gaap |
Inventory Gross
InventoryGross
|
67833000 | |
| CY2015Q4 | us-gaap |
Inventory Gross
InventoryGross
|
68459000 | |
| CY2016Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
-2074000 | |
| CY2015Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
3502000 | |
| CY2016Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
5576000 | |
| CY2015Q1 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
3669000 | |
| CY2016Q1 | us-gaap |
Inventory Net
InventoryNet
|
69907000 | |
| CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
64957000 | |
| CY2016Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
27221000 | |
| CY2015Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
31247000 | |
| CY2016Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1999000 | |
| CY2015Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
1695000 | |
| CY2016Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
1345000 | |
| CY2015Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
1267000 | |
| CY2016Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
1345000 | |
| CY2015Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
2287000 | |
| CY2016Q1 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
4880000 | |
| CY2015Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
15571000 | |
| CY2016Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1166000 | |
| CY2015Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1153000 | |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
92216000 | |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
94797000 | |
| CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
495202000 | |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
489109000 | |
| CY2016Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
44724000 | |
| CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
48553000 | |
| CY2016Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
47492000 | |
| CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
46244000 | |
| CY2016Q1 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
1151000 | |
| CY2015Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
1151000 | |
| CY2016Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
72361000 | |
| CY2015Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
71503000 | |
| CY2016Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
76203000 | |
| CY2015Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
74667000 | |
| CY2016Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
-1018000 | |
| CY2015Q1 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
1020000 | |
| CY2016Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px; width: 700px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 36pt; VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">1</div><div style="display: inline; font-weight: bold;">)</div></div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=""><div style="display: inline; font-weight: bold;"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">NATU<div style="display: inline; font-weight: bold;">R</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">F</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">P</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">R</div><div style="display: inline; font-weight: bold;">A</div><div style="display: inline; font-weight: bold;">TI</div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">N</div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">AND</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">B</div><div style="display: inline; font-weight: bold;">AS</div><div style="display: inline; font-weight: bold;">I</div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">F</div><div style="display: inline; font-weight: bold;"> </div><div style="display: inline; font-weight: bold;">P</div><div style="display: inline; font-weight: bold;">R</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">S</div><div style="display: inline; font-weight: bold;">E</div><div style="display: inline; font-weight: bold;">N</div><div style="display: inline; font-weight: bold;">T</div><div style="display: inline; font-weight: bold;">A</div><div style="display: inline; font-weight: bold;">T</div><div style="display: inline; font-weight: bold;">I</div><div style="display: inline; font-weight: bold;">O</div><div style="display: inline; font-weight: bold;">N</div></div></div></div></td> </tr> </table> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 79.7% 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-style: italic;">Org</div><div style="display: inline; font-style: italic;">an</div><div style="display: inline; font-style: italic;">i</div><div style="display: inline; font-style: italic;">z</div><div style="display: inline; font-style: italic;">a</div><div style="display: inline; font-style: italic;">ti</div><div style="display: inline; font-style: italic;">o</div><div style="display: inline; font-style: italic;">n</div></div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.75pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">FutureFuel Corp. (“FutureFuel”), through its wholly-owned subsidiary, FutureFuel Chemical Company (“FutureFuel Chemical”), owns and operates a chemical production facility located on approximately 2,200 acres of land six miles southeast of Batesville in north central Arkansas fronting the White River (the “Batesville Plant”). FutureFuel Chemical manufactures diversified chemical products, biobased products comprised of biofuels, and biobased specialty chemical products. FutureFuel Chemical’s operations are reported in two segments: chemicals and biofuels.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 3.15pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The chemicals segment manufactures a diversified listing of chemical products that are sold to third party customers. The majority of the revenues from the chemicals segment are derived from the custom manufacturing of specialty chemicals for specific customers.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.75pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The biofuels business segment primarily produces and sells biodiesel. FutureFuel Chemical also sells petrodiesel in blends with the company’s biodiesel and, from time to time, with no biodiesel added. Finally, FutureFuel is a shipper of refined petroleum products on common carrier pipelines and buys and sells petroleum products to maintain an active shipper status on these pipelines.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 73.7% 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-style: italic;">B</div><div style="display: inline; font-style: italic;">a</div><div style="display: inline; font-style: italic;">s</div><div style="display: inline; font-style: italic;">is</div><div style="display: inline; font-style: italic;"> </div><div style="display: inline; font-style: italic;">o</div><div style="display: inline; font-style: italic;">f</div><div style="display: inline; font-style: italic;"> </div><div style="display: inline; font-style: italic;">P</div><div style="display: inline; font-style: italic;">r</div><div style="display: inline; font-style: italic;">ese</div><div style="display: inline; font-style: italic;">n</div><div style="display: inline; font-style: italic;">t</div><div style="display: inline; font-style: italic;">a</div><div style="display: inline; font-style: italic;">ti</div><div style="display: inline; font-style: italic;">o</div><div style="display: inline; font-style: italic;">n</div></div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.5pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The accompanying consolidated financial statements have been prepared by FutureFuel in accordance and consistent with the accounting policies stated in FutureFuel’s 2015 audited consolidated financial statements and should be read in conjunction with the 2015 audited consolidated financial statements of FutureFuel.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt 2.7pt 0pt 41.4pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In the opinion of FutureFuel, all normal recurring adjustments necessary for a fair presentation have been included in the unaudited consolidated financial statements. The unaudited consolidated financial statements have been prepared in compliance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with instructions to Form 10-Q adopted by the Securities and Exchange Commission (“SEC”). Accordingly, the financial statements do not include all the information and footnotes required by GAAP for complete financial statements, and do include amounts that are based upon management estimates and judgments. Future actual results could differ from such current estimates. The unaudited consolidated financial statements include assets, liabilities, revenues, and expenses of FutureFuel and its wholly owned subsidiaries; namely, FutureFuel Chemical Company, FFC Grain, L.L.C., FutureFuel Warehouse Company, L.L.C., and Legacy Regional Transport, L.L.C. Intercompany transactions and balances have been eliminated in consolidation.</div></div></div> | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2812000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2645000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4122000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2092000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1197000 | |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
41102000 | |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10569000 | |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8131000 | |
| CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
168000 | |
| CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2237000 | |
| CY2016Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
| CY2016Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
| CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2524000 | |
| CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
2537000 | |
| CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8529000 | |
| CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10777000 | |
| CY2016Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
321000 | |
| CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
254000 | |
| CY2016Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1868000 | |
| CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3887000 | |
| CY2016Q1 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
76203000 | |
| CY2015Q4 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
74667000 | |
| CY2016Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3205000 | |
| CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3078000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-1018000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
|
1020000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-661000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
629000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
-357000 | |
| CY2015Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1642000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
|
391000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-221000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
28000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
440000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-601000 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
238000 | |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-375000 | |
| CY2016Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
623000 | |
| CY2015Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
609000 | |
| CY2016Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1234000 | |
| CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1219000 | |
| CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-116000 | |
| CY2015Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-44000 | |
| CY2016Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1177000 | |
| CY2015Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-50000 | |
| CY2016Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
10510000 | |
| CY2015Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
8066000 | |
| CY2016Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
10510000 | |
| CY2015Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
8066000 | |
| CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2623000 | |
| CY2015Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2623000 | |
| CY2016Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
53000 | |
| CY2015Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
22000 | |
| CY2015Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1408000 | |
| CY2016Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
11000000 | |
| CY2015Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
13324000 | |
| CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
897000 | |
| CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2539000 | |
| CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
| CY2016Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2015Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| CY2016Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
1536000 | |
| CY2016Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
9124000 | |
| CY2015Q1 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
18708000 | |
| CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
122490000 | |
| CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
124330000 | |
| CY2016Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-661000 | |
| CY2015Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
629000 | |
| CY2016Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
48000 | |
| CY2015Q1 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
60000 | |
| CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
687000 | |
| CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
715000 | |
| CY2016Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1573000 | |
| CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
225000 | |
| CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
120968000 | |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
113022000 | |
| CY2016Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
3431000 | |
| CY2015Q1 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
4272000 | |
| CY2016Q1 | us-gaap |
Revenues
Revenues
|
43204000 | |
| CY2015Q1 | us-gaap |
Revenues
Revenues
|
49815000 | |
| CY2016Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
46635000 | |
| CY2015Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
54087000 | |
| CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
477000 | |
| CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
477000 | |
| CY2016Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
797000 | |
| CY2015Q1 | us-gaap |
Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
|
648000 | |
| CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
402986000 | |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
394312000 | |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
44000 | |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
44000 | |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
44000 | |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
44000 | |
| CY2016Q1 | us-gaap |
Unrealized Gain On Securities
UnrealizedGainOnSecurities
|
4201000 | |
| CY2015 | us-gaap |
Unrealized Gain On Securities
UnrealizedGainOnSecurities
|
4063000 | |
| CY2016Q1 | us-gaap |
Unrealized Loss On Securities
UnrealizedLossOnSecurities
|
359000 | |
| CY2015 | us-gaap |
Unrealized Loss On Securities
UnrealizedLossOnSecurities
|
899000 | |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
5021000 | |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
4588000 | |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
69000 | |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
61000 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43486548 | |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43382283 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43475630 | |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43372388 |
