$LXU
LSB INDUSTRIES, INC.

2015 Q4 Form 10-Q Financial Statement

#000119312515371770 Filed on November 09, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $90.03M $88.57M $104.4M
YoY Change -24.02% -15.15% -41.15%
Cost Of Revenue $47.60M $144.4M $146.7M
YoY Change 3866.67% -1.54% 14.18%
Gross Profit -$1.569M -$11.80M -$912.0K
YoY Change -116.96% 1193.64% -101.86%
Gross Profit Margin -1.74% -13.32% -0.87%
Selling, General & Admin -$5.300M $29.38M $25.21M
YoY Change -86.2% 16.56% 0.55%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.150M $13.24M $9.060M
YoY Change -0.97% 46.14% 29.43%
% of Gross Profit
Operating Expenses -$2.300M $29.38M $25.21M
YoY Change -93.88% 16.56% 0.55%
Operating Profit $731.0K -$54.89M -$1.197M
YoY Change -98.44% 4485.38% -105.17%
Interest Expense -$900.0K $877.0K $5.079M
YoY Change -80.43% -82.73% -5.86%
% of Operating Profit -123.12%
Other Income/Expense, Net -$200.0K $23.00K $89.00K
YoY Change -140.0% -74.16% 161.76%
Pretax Income -$25.50M -$55.74M -$6.187M
YoY Change 15.91% 800.94% -137.53%
Income Tax -$11.80M -$21.98M -$2.415M
% Of Pretax Income
Net Earnings -$8.068M -$33.76M -$3.777M
YoY Change -1328.01% 793.91% -136.81%
Net Earnings / Revenue -8.96% -38.12% -3.62%
Basic Earnings Per Share -$0.48 -$1.48 -$0.17
Diluted Earnings Per Share -$0.48 -$1.48 -$0.17
COMMON SHARES
Basic Shares Outstanding 22.81M shares 22.80M shares 22.60M shares
Diluted Shares Outstanding 22.80M 22.60M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $127.2M $39.00M $184.3M
YoY Change -36.81% -78.84% 31.93%
Cash & Equivalents $127.2M $23.88M $169.8M
Short-Term Investments $15.00M $14.50M
Other Short-Term Assets $124.7M $58.80M $43.40M
YoY Change 90.09% 35.48% 16.67%
Inventory $24.46M $53.70M $57.66M
Prepaid Expenses
Receivables $49.60M $90.06M $88.25M
Other Receivables $6.800M $8.700M $7.300M
Total Short-Term Assets $332.7M $250.2M $379.4M
YoY Change -20.58% -34.05% 15.82%
LONG-TERM ASSETS
Property, Plant & Equipment $978.7M $874.6M $561.3M
YoY Change 66.41% 55.82% 45.24%
Goodwill $1.600M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $33.80M $0.00 $19.23M
YoY Change 20.93% -100.0% 62.59%
Total Long-Term Assets $1.029B $906.8M $714.2M
YoY Change 44.6% 26.96% 4.05%
TOTAL ASSETS
Total Short-Term Assets $332.7M $250.2M $379.4M
Total Long-Term Assets $1.029B $906.8M $714.2M
Total Assets $1.362B $1.157B $1.094B
YoY Change 20.45% 5.79% 7.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $88.00M $111.0M $75.57M
YoY Change 8.03% 46.82% 15.03%
Accrued Expenses $39.80M $46.30M $34.30M
YoY Change -22.27% 34.99% -4.99%
Deferred Revenue
YoY Change
Short-Term Debt $9.119M $1.204M $1.513M
YoY Change -23.72% -20.42% 67.55%
Long-Term Debt Due $22.50M $23.80M $10.60M
YoY Change 110.28% 124.53% -13.11%
Total Short-Term Liabilities $191.9M $182.3M $122.0M
YoY Change 23.61% 49.46% -13.07%
LONG-TERM LIABILITIES
Long-Term Debt $498.0M $472.6M $448.8M
YoY Change 13.13% 5.3% -1.45%
Other Long-Term Liabilities $8.786M $17.86M $17.64M
YoY Change -51.01% 1.29% 5.14%
Total Long-Term Liabilities $8.786M $17.86M $17.64M
YoY Change -51.01% 1.29% 5.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $191.9M $182.3M $122.0M
Total Long-Term Liabilities $8.786M $17.86M $17.64M
Total Liabilities $200.7M $200.2M $139.6M
YoY Change 15.89% 43.38% -11.13%
SHAREHOLDERS EQUITY
Retained Earnings $248.2M $259.2M $285.5M
YoY Change -13.29% -9.22% 24.41%
Common Stock $2.713M $2.713M $2.692M
YoY Change 0.59% 0.78% 0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.53M $28.37M $28.37M
YoY Change -13.54% 0.0% 0.0%
Treasury Stock Shares $3.736M 4.320M shares 4.320M shares
Shareholders Equity $421.6M $411.0M $432.4M
YoY Change
Total Liabilities & Shareholders Equity $1.362B $1.157B $1.094B
YoY Change 20.45% 5.79% 7.85%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$8.068M -$33.76M -$3.777M
YoY Change -1328.01% 793.91% -136.81%
Depreciation, Depletion And Amortization $9.150M $13.24M $9.060M
YoY Change -0.97% 46.14% 29.43%
Cash From Operating Activities -$9.190M $230.0K $980.0K
YoY Change -193.58% -76.53% -97.45%
INVESTING ACTIVITIES
Capital Expenditures -$138.2M -$143.8M -$71.22M
YoY Change 148.17% 101.88% 128.86%
Acquisitions
YoY Change
Other Investing Activities $15.85M $11.01M $70.14M
YoY Change -70.98% -84.3% -125.17%
Cash From Investing Activities -$122.3M -$132.8M -$1.080M
YoY Change 11331.78% 12193.52% -99.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 236.6M 22.03M -6.540M
YoY Change 2767.52% -436.85% -101.89%
NET CHANGE
Cash From Operating Activities -9.190M 230.0K 980.0K
Cash From Investing Activities -122.3M -132.8M -1.080M
Cash From Financing Activities 236.6M 22.03M -6.540M
Net Change In Cash 105.1M -110.5M -6.640M
YoY Change 518.0% 1564.31% -108.96%
FREE CASH FLOW
Cash From Operating Activities -$9.190M $230.0K $980.0K
Capital Expenditures -$138.2M -$143.8M -$71.22M
Free Cash Flow $129.0M $144.0M $72.20M
YoY Change 96.93% 99.46% 3.91%

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us-gaap Other Nonoperating Income Expense
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242000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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300000
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Prepaid Insurance
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us-gaap Increase In Restricted Cash
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165106000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
us-gaap Repayments Of Long Term Debt
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
us-gaap Payments To Acquire Short Term Investments
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
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1536000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1814000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
18977000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
23017000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1418000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19005000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2461000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
79000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31212000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12286000
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
300000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10825000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
717000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
26074000
us-gaap Interest Expense
InterestExpense
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-19740000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
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us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
169276000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11542000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
220000
us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1273000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
744000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
649000
us-gaap Proceeds From Insurance Settlement Investing Activities
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5147000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
1245000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5593000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-138000
us-gaap Increase Decrease In Accounts Payable
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5160000
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
209990000
us-gaap Depreciation
Depreciation
26421000
us-gaap Cost Of Revenue
CostOfRevenue
429256000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4749000
lxu Property Insurance Recoveries In Excess Of Losses Incurred
PropertyInsuranceRecoveriesInExcessOfLossesIncurred
5147000
lxu Product Warranty Accrual Charged To Selling General And Administration Expense
ProductWarrantyAccrualChargedToSellingGeneralAndAdministrationExpense
5621000
lxu Preferred Stock Dividends Dilutive Net Income Per Common Share
PreferredStockDividendsDilutiveNetIncomePerCommonShare
300000
lxu Noncash Capitalized Software Additions
NoncashCapitalizedSoftwareAdditions
4256000
lxu Gain On Property Insurance Recoveries Associated With Property Plant And Equipment
GainOnPropertyInsuranceRecoveriesAssociatedWithPropertyPlantAndEquipment
5147000
lxu Derivative Instruments Carbon Credits Gain Loss Recognized In Earnings
DerivativeInstrumentsCarbonCreditsGainLossRecognizedInEarnings
2145000
lxu Payments For Refunds From Income Taxes
PaymentsForRefundsFromIncomeTaxes
4864000
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.19
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
42503000
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Amendment Flag
AmendmentFlag
false
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPeriodIncreaseDecrease
177000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1814356 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>Concentration of Credit Risks for Cash, Cash Equivalents, and Investments at Financial Institutions -</b> Financial instruments relating to cash, cash equivalents, and investments (certificates of deposits) potentially subject us to concentrations of credit risk. At September&#xA0;30, 2015, the total balance of these financial instruments exceeded the FDIC-insured limits by approximately $14.8 million. All of these financial instruments were held by financial institutions within the U.S.</p> </div>
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000060714
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Registrant Name
EntityRegistrantName
LSB INDUSTRIES INC
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
-177000
dei Trading Symbol
TradingSymbol
LXU
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.19
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22741012 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22741012 shares
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>Use of Estimates -</b> The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> </div>
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-352000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.40 pure
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
300763000
us-gaap Net Income Loss
NetIncomeLoss
-26697000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-1334000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
10751000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1785000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26997000
us-gaap Sales Revenue Net
SalesRevenueNet
534202000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1443000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
430000
us-gaap Operating Income Loss
OperatingIncomeLoss
-38104000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1849000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3872000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-37000
us-gaap Gross Profit
GrossProfit
90520000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
107000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
300000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5156000
us-gaap Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
-11141000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
155000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
9064000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
596000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
25000000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
3926000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
121000
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FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1445000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
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0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
59566000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
996000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-26660000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3527000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-44502000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17842000
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
300000
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-11469000
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1658000
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
39670000
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FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
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0
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us-gaap Interest Expense
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0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
26493000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
20900000
us-gaap Decrease In Restricted Cash
DecreaseInRestrictedCash
45969000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3000
us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
857000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1785000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
31047000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15101000
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
3022000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1322000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-113000
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-4715000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
596000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
89598000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-8202000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5043000
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
25000000
us-gaap Depreciation
Depreciation
29951000
us-gaap Cost Of Revenue
CostOfRevenue
443682000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5580000
lxu Weighted Average Cost Per Mmbtu Of Future Or Forward Natural Gas Contract
WeightedAverageCostPerMmbtuOfFutureOrForwardNaturalGasContract
2.93
lxu Maturity Date Of Interest Rate Contract Held
MaturityDateOfInterestRateContractHeld
March 2016
lxu Commercial And Industrial Product Base Warranty Coverage For Manufactured Product
CommercialAndIndustrialProductBaseWarrantyCoverageForManufacturedProduct
Eighteen months from the date of shipment or twelve months from the date of start-up, whichever is shorter
lxu Weighted Average Market Value Per Mmbtu Of Future Or Forward Natural Gas Contract
WeightedAverageMarketValuePerMmbtuOfFutureOrForwardNaturalGasContract
2.65
lxu Contractual Weighted Average Pay Rate
ContractualWeightedAveragePayRate
0.0323 pure
lxu Product Liability Deductible Per Claim
ProductLiabilityDeductiblePerClaim
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lxu Residential Products Warranty Coverage For Labor Associated With Repair
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P5Y
lxu Product Warranty Accrual Charged To Selling General And Administration Expense
ProductWarrantyAccrualChargedToSellingGeneralAndAdministrationExpense
6892000
lxu Related Party Commitment Obligation Percentage
RelatedPartyCommitmentObligationPercentage
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lxu Interest Rate Contracts Fixed Rate Description
InterestRateContractsFixedRateDescription
Fixed three-month LIBOR rate of 3.23% on a declining balance
lxu Fair Value Measurement With Inputs Reconciliation Recurring Basis Asset Transfers In Out Of Level One And Level Two
FairValueMeasurementWithInputsReconciliationRecurringBasisAssetTransfersInOutOfLevelOneAndLevelTwo
0
lxu Warranty Coverage For Residential Products From Date Of Shipment
WarrantyCoverageForResidentialProductsFromDateOfShipment
P10Y
lxu Preferred Stock Dividends Dilutive Net Income Per Common Share
PreferredStockDividendsDilutiveNetIncomePerCommonShare
300000
lxu Derivative Future Or Forward Foreign Exchange Contract Period
DerivativeFutureOrForwardForeignExchangeContractPeriod
2017-02
lxu Estimated Market Weighted Average Receive Rate
EstimatedMarketWeightedAverageReceiveRate
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lxu Noncash Capitalized Software Additions
NoncashCapitalizedSoftwareAdditions
3082000
lxu Balance In Excess Of Fdic Insured Limits
BalanceInExcessOfFdicInsuredLimits
14800000
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lxu Commercial And Industrial Product Base Warranty Coverage For Spare Parts
CommercialAndIndustrialProductBaseWarrantyCoverageForSpareParts
P90D
lxu Month Future Or Forward Natural Gas Contract Period Ends
MonthFutureOrForwardNaturalGasContractPeriodEnds
2016-06
lxu Payments For Refunds From Income Taxes
PaymentsForRefundsFromIncomeTaxes
3648000
CY2015Q3 lxu Natural Gas Purchase Commitments Weighted Average Cost Per Unit
NaturalGasPurchaseCommitmentsWeightedAverageCostPerUnit
2.96
CY2015Q3 lxu Natural Gas Purchase Commitments Volume
NaturalGasPurchaseCommitmentsVolume
6100000 MMBTU
CY2015Q3 lxu Natural Gas Purchase Commitments Weighted Average Market Value Per Unit
NaturalGasPurchaseCommitmentsWeightedAverageMarketValuePerUnit
2.74
CY2015Q3 lxu Month Purchase Commitment Period Ends Natural Gas
MonthPurchaseCommitmentPeriodEndsNaturalGas
2016-12
CY2015Q3 lxu Natural Gas Purchase Commitments Weighted Average Market Value
NaturalGasPurchaseCommitmentsWeightedAverageMarketValue
16800000
CY2014 lxu Future Or Forward Copper Contract Period
FutureOrForwardCopperContractPeriod
2015-05
CY2014 lxu Weighted Average Cost Per Pound Of Future Or Forward Copper Contract
WeightedAverageCostPerPoundOfFutureOrForwardCopperContract
2.98
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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0
CY2014Q3 us-gaap Interest Expense
InterestExpense
5079000
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
0
CY2015Q3 lxu Natural Gas Purchase Commitments Weighted Average Cost
NaturalGasPurchaseCommitmentsWeightedAverageCost
18100000
CY2014 lxu Weighted Average Cost Per Mmbtu Of Future Or Forward Natural Gas Contract
WeightedAverageCostPerMmbtuOfFutureOrForwardNaturalGasContract
3.24
CY2014 lxu Weighted Average Cost Per Ounce Of Future Or Forward Platinum Contract
WeightedAverageCostPerOunceOfFutureOrForwardPlatinumContract
1224.26
CY2014 lxu Derivative Future Or Forward Foreign Exchange Contract Period
DerivativeFutureOrForwardForeignExchangeContractPeriod
2015-05
CY2014 lxu Derivative Future Or Forward Platinum Contract Period
DerivativeFutureOrForwardPlatinumContractPeriod
2015-04
CY2014 lxu Month Future Or Forward Natural Gas Contract Period Ends
MonthFutureOrForwardNaturalGasContractPeriodEnds
2016-06
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1590081 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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22595634 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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22595634 shares
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
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CY2014Q3 us-gaap Earnings Per Share Basic
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CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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171046000
CY2014Q3 us-gaap Operating Income Loss
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CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
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0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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-3777000
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-305000
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3772000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-6187000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2415000
CY2014Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2568000
CY2014Q3 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-538000
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
CY2014Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
3900000
CY2014Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3106000
CY2014Q3 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
31000
CY2014Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
660000
CY2014Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
691000
CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25208000
CY2014Q3 us-gaap Cost Of Revenue
CostOfRevenue
146660000
CY2014Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1458000
CY2014Q3 lxu Product Warranty Accrual Charged To Selling General And Administration Expense
ProductWarrantyAccrualChargedToSellingGeneralAndAdministrationExpense
1926000
CY2014Q3 lxu Derivative Instruments Carbon Credits Gain Loss Recognized In Earnings
DerivativeInstrumentsCarbonCreditsGainLossRecognizedInEarnings
-200000
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.48
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1821923 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22799007 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22799007 shares
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
161000
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.48
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-33763000
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-33763000
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
157685000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
-904000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-54887000
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-4000
CY2015Q3 us-gaap Gross Profit
GrossProfit
13279000
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
3862000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-33763000
CY2015Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
725000
CY2015Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-33759000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-55741000
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21982000
CY2015Q3 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-14592000
CY2015Q3 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2005000
CY2015Q3 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
39670000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
0
CY2015Q3 us-gaap Interest Expense
InterestExpense
877000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySales
0
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0
CY2015Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
8300000
CY2015Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16597000
CY2015Q3 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
197000
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
2958000
CY2015Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-5582000
CY2015Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-5385000
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29382000
CY2015Q3 us-gaap Cost Of Revenue
CostOfRevenue
144406000
CY2015Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1839000
CY2015Q3 lxu Product Warranty Accrual Charged To Selling General And Administration Expense
ProductWarrantyAccrualChargedToSellingGeneralAndAdministrationExpense
2372000
CY2015Q3 lxu Derivative Instruments Carbon Credits Gain Loss Recognized In Earnings
DerivativeInstrumentsCarbonCreditsGainLossRecognizedInEarnings
-630000

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