$GLDD
Great Lakes Dredge & Dock CORP

2022 Q1 Form 10-Q Financial Statement

#000156459022017416 Filed on May 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $194.3M $177.6M
YoY Change 9.43% -18.42%
Cost Of Revenue $161.3M $144.6M
YoY Change 11.54% -3.08%
Gross Profit $33.06M $33.08M
YoY Change -0.06% -51.7%
Gross Profit Margin 17.01% 18.62%
Selling, General & Admin $14.60M $16.30M
YoY Change -10.4% 4.49%
% of Gross Profit 44.18% 49.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.32M $10.05M
YoY Change 12.56% 6.37%
% of Gross Profit 34.23% 30.39%
Operating Expenses $14.60M $16.30M
YoY Change -10.4% 5.16%
Operating Profit $18.45M $16.78M
YoY Change 9.98% -68.33%
Interest Expense -$4.025M -$6.600M
YoY Change -39.02% 0.0%
% of Operating Profit -21.81% -39.34%
Other Income/Expense, Net -$405.0K $141.0K
YoY Change -387.23% -112.82%
Pretax Income $14.34M $10.20M
YoY Change 40.57% -77.48%
Income Tax $3.285M $1.389M
% Of Pretax Income 22.9% 13.61%
Net Earnings $11.06M $8.814M
YoY Change 25.45% -74.07%
Net Earnings / Revenue 5.69% 4.96%
Basic Earnings Per Share $0.17 $0.14
Diluted Earnings Per Share $0.17 $0.13
COMMON SHARES
Basic Shares Outstanding 65.85M 65.27M
Diluted Shares Outstanding 66.44M 66.16M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $142.6M $177.7M
YoY Change -19.76% -14.36%
Cash & Equivalents $142.6M $177.7M
Short-Term Investments
Other Short-Term Assets $43.37M $43.60M
YoY Change -0.53% 34.98%
Inventory $30.39M $33.80M
Prepaid Expenses
Receivables $111.7M $94.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $328.0M $349.7M
YoY Change -6.19% -0.17%
LONG-TERM ASSETS
Property, Plant & Equipment $531.9M $458.4M
YoY Change 16.03% 1.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $82.32M $75.30M
YoY Change 9.32% -0.66%
Total Long-Term Assets $690.8M $610.3M
YoY Change 13.19% 0.78%
TOTAL ASSETS
Total Short-Term Assets $328.0M $349.7M
Total Long-Term Assets $690.8M $610.3M
Total Assets $1.019B $960.0M
YoY Change 6.13% 0.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $98.18M $70.80M
YoY Change 38.68% -11.39%
Accrued Expenses $33.95M $44.02M
YoY Change -22.87% -18.33%
Deferred Revenue $3.687M $38.66M
YoY Change -90.46% -36.96%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $151.9M $169.3M
YoY Change -10.3% -21.66%
LONG-TERM LIABILITIES
Long-Term Debt $321.1M $324.0M
YoY Change -0.89% 0.28%
Other Long-Term Liabilities $56.59M $51.60M
YoY Change 9.66% -21.1%
Total Long-Term Liabilities $377.7M $375.6M
YoY Change 0.56% -3.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $151.9M $169.3M
Total Long-Term Liabilities $377.7M $375.6M
Total Liabilities $603.4M $603.4M
YoY Change 0.01% -7.07%
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 $415.4M $356.6M
YoY Change
Total Liabilities & Shareholders Equity $1.019B $960.0M
YoY Change 6.13% 0.43%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $11.06M $8.814M
YoY Change 25.45% -74.07%
Depreciation, Depletion And Amortization $11.32M $10.05M
YoY Change 12.56% 6.37%
Cash From Operating Activities $26.32M -$9.240M
YoY Change -384.82% -130.73%
INVESTING ACTIVITIES
Capital Expenditures -$28.87M $27.04M
YoY Change -206.76% 209.61%
Acquisitions
YoY Change
Other Investing Activities $1.110M $0.00
YoY Change -100.0%
Cash From Investing Activities -$27.76M -$27.00M
YoY Change 2.8% 225.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.437M -2.524M
YoY Change -43.07% 93.26%
NET CHANGE
Cash From Operating Activities 26.32M -9.240M
Cash From Investing Activities -27.76M -27.00M
Cash From Financing Activities -1.437M -2.524M
Net Change In Cash -2.876M -38.80M
YoY Change -92.59% -289.47%
FREE CASH FLOW
Cash From Operating Activities $26.32M -$9.240M
Capital Expenditures -$28.87M $27.04M
Free Cash Flow $55.18M -$36.28M
YoY Change -252.11% -270.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 dei Trading Symbol
TradingSymbol
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