2010 Q4 Form 10-K Financial Statement
#000119312512089532 Filed on February 29, 2012
Income Statement
| Concept | 2010 Q4 | 2010 Q2 | 2009 Q4 |
|---|---|---|---|
| Revenue | $92.83M | $96.27M | $94.20M |
| YoY Change | -1.45% | -3.25% | -1.36% |
| Cost Of Revenue | $74.74M | $77.61M | $71.80M |
| YoY Change | 4.09% | 7.8% | 1.99% |
| Gross Profit | $18.10M | $18.65M | $22.40M |
| YoY Change | -19.21% | -32.17% | -10.76% |
| Gross Profit Margin | 19.49% | 19.38% | 23.78% |
| Selling, General & Admin | $11.87M | $9.682M | $10.50M |
| YoY Change | 13.07% | 10.02% | 15.38% |
| % of Gross Profit | 65.6% | 51.91% | 46.88% |
| Research & Development | $1.987M | $3.614M | $3.400M |
| YoY Change | -41.56% | 44.56% | -69.09% |
| % of Gross Profit | 10.98% | 19.37% | 15.18% |
| Depreciation & Amortization | $22.30M | $19.90M | $15.60M |
| YoY Change | 42.95% | 31.79% | -1.27% |
| % of Gross Profit | 123.22% | 106.69% | 69.64% |
| Operating Expenses | $13.86M | $13.30M | $13.90M |
| YoY Change | -0.29% | 18.71% | -31.19% |
| Operating Profit | $4.238M | $2.307M | $8.500M |
| YoY Change | -50.14% | -85.85% | 73.47% |
| Interest Expense | $10.37M | $9.426M | -$4.500M |
| YoY Change | -330.49% | -404.06% | -36.62% |
| % of Operating Profit | 244.74% | 408.58% | -52.94% |
| Other Income/Expense, Net | $314.0K | $79.00K | $2.900M |
| YoY Change | -89.17% | -98.39% | -46.3% |
| Pretax Income | -$2.627M | -$5.908M | $20.00M |
| YoY Change | -113.14% | -132.64% | 1233.33% |
| Income Tax | -$7.107M | -$3.365M | $5.200M |
| % Of Pretax Income | 26.0% | ||
| Net Earnings | $4.458M | -$1.437M | $16.20M |
| YoY Change | -72.48% | -108.93% | 194.55% |
| Net Earnings / Revenue | 4.8% | -1.49% | 17.2% |
| Basic Earnings Per Share | $0.10 | -$0.03 | |
| Diluted Earnings Per Share | $0.10 | -$0.03 | $355.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 45.43M shares | 45.43M shares | |
| Diluted Shares Outstanding | 45.45M shares | 45.43M shares |
Balance Sheet
| Concept | 2010 Q4 | 2010 Q2 | 2009 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $82.80M | $54.20M | $46.30M |
| YoY Change | 78.83% | 17.83% | 34.59% |
| Cash & Equivalents | $82.82M | $54.20M | $46.30M |
| Short-Term Investments | $0.00 | ||
| Other Short-Term Assets | $39.90M | $48.90M | $56.70M |
| YoY Change | -29.63% | 2.95% | 30.05% |
| Inventory | $18.70M | $27.80M | $30.10M |
| Prepaid Expenses | |||
| Receivables | $54.80M | $47.60M | $53.90M |
| Other Receivables | $8.400M | $10.80M | $8.300M |
| Total Short-Term Assets | $204.7M | $189.3M | $195.3M |
| YoY Change | 4.81% | -3.02% | 17.86% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.696B | $1.610B | $1.517B |
| YoY Change | 11.78% | 11.67% | 13.66% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $5.500M | $31.20M | $35.80M |
| YoY Change | -84.64% | -12.11% | 9.82% |
| Other Assets | $96.80M | $70.20M | $73.80M |
| YoY Change | 31.17% | 22.51% | 39.25% |
| Total Long-Term Assets | $1.839B | $1.752B | $1.669B |
| YoY Change | 10.17% | 11.02% | 13.89% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $204.7M | $189.3M | $195.3M |
| Total Long-Term Assets | $1.839B | $1.752B | $1.669B |
| Total Assets | $2.043B | $1.941B | $1.864B |
| YoY Change | 9.61% | 9.48% | 14.3% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $85.50M | $90.30M | $74.00M |
| YoY Change | 15.54% | 13.73% | -28.36% |
| Accrued Expenses | |||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $49.00M | $49.00M | $62.30M |
| YoY Change | -21.35% | 2.51% | 43.55% |
| Total Short-Term Liabilities | $137.7M | $150.9M | $139.6M |
| YoY Change | -1.36% | 6.42% | -14.04% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $740.6M | $650.8M | $572.2M |
| YoY Change | 29.43% | 32.95% | 54.86% |
| Other Long-Term Liabilities | $188.9M | $184.6M | $187.0M |
| YoY Change | 1.02% | -15.28% | -15.88% |
| Total Long-Term Liabilities | $929.5M | $835.4M | $759.2M |
| YoY Change | 22.43% | 18.09% | 28.29% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $137.7M | $150.9M | $139.6M |
| Total Long-Term Liabilities | $929.5M | $835.4M | $759.2M |
| Total Liabilities | $1.104B | $1.038B | $957.2M |
| YoY Change | 15.36% | 15.69% | 21.04% |
| 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 | $939.1M | $902.5M | $907.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.043B | $1.941B | $1.864B |
| YoY Change | 9.61% | 9.48% | 14.3% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 Q2 | 2009 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $4.458M | -$1.437M | $16.20M |
| YoY Change | -72.48% | -108.93% | 194.55% |
| Depreciation, Depletion And Amortization | $22.30M | $19.90M | $15.60M |
| YoY Change | 42.95% | 31.79% | -1.27% |
| Cash From Operating Activities | $21.80M | $10.70M | $33.10M |
| YoY Change | -34.14% | -16.41% | 22.59% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$89.00M | -$62.70M | -$58.30M |
| YoY Change | 52.66% | -15.04% | -50.59% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $38.20M | $18.70M | $21.20M |
| YoY Change | 80.19% | 183.33% | -6.61% |
| Cash From Investing Activities | -$50.80M | -$44.00M | -$37.10M |
| YoY Change | 36.93% | -34.52% | -61.07% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 62.60M | 44.50M | 30.10M |
| YoY Change | 107.97% | -22.61% | -53.41% |
| NET CHANGE | |||
| Cash From Operating Activities | 21.80M | 10.70M | 33.10M |
| Cash From Investing Activities | -50.80M | -44.00M | -37.10M |
| Cash From Financing Activities | 62.60M | 44.50M | 30.10M |
| Net Change In Cash | 33.60M | 11.20M | 26.10M |
| YoY Change | 28.74% | 261.29% | -805.41% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $21.80M | $10.70M | $33.10M |
| Capital Expenditures | -$89.00M | -$62.70M | -$58.30M |
| Free Cash Flow | $110.8M | $73.40M | $91.40M |
| YoY Change | 21.23% | -15.24% | -36.97% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-43000000 | |
| CY2009Q4 | us-gaap |
Assets
Assets
|
1864193000 | |
| CY2009Q4 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
26.84 | |
| CY2010Q4 | us-gaap |
Assets
Assets
|
2043328000 | |
| CY2010Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
1030000 | |
| CY2010Q4 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
29.95 | |
| CY2010Q4 | ora |
Auction Rate Securities Fair Value Disclosure
AuctionRateSecuritiesFairValueDisclosure
|
3027000 | |
| CY2011Q4 | us-gaap |
Assets
Assets
|
2314718000 | |
| CY2011Q4 | us-gaap |
Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
|
890000 | |
| CY2011Q4 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
25.65 | |
| CY2009 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
412010000 | |
| CY2009 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
573000 | shares |
| CY2010 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
373230000 | |
| CY2010 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
592000 | shares |
| CY2011 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
437009000 | |
| CY2011 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
-16380000 | |
| CY2011 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
622000 | shares |
| CY2010Q2 | us-gaap |
Gross Profit
GrossProfit
|
18653000 | |
| CY2010Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-57000 | |
| CY2010Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2686000 | |
| CY2010Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
79000 | |
| CY2010Q2 | us-gaap |
Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
|
3050000 | |
| CY2010Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
14115000 | |
| CY2010Q2 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
2070000 | |
| CY2010Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.02 | |
| CY2010Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
77613000 | |
| CY2010Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-5908000 | |
| CY2010Q2 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-2064000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
| CY2010Q2 | us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
68807000 | |
| CY2010Q2 | us-gaap |
Interest Expense
InterestExpense
|
9426000 | |
| CY2010Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1437000 | |
| CY2010Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3614000 | |
| CY2010Q2 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.05 | |
| CY2010Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.05 | |
| CY2010Q2 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
570000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
| CY2010Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
||
| CY2010Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
96266000 | |
| CY2010Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2307000 | |
| CY2010Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1033000 | |
| CY2010Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
27459000 | |
| CY2010Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3365000 | |
| CY2010Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45431000 | shares |
| CY2010Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
479000 | |
| CY2010Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
95000 | |
| CY2010Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6996000 | |
| CY2010Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.02 | |
| CY2010Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45431000 | shares |
| CY2010Q2 | us-gaap |
Cost Of Goods Sold Electric
CostOfGoodsSoldElectric
|
63498000 | |
| CY2010Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1494000 | |
| CY2010Q4 | us-gaap |
Gross Profit
GrossProfit
|
18097000 | |
| CY2010Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
78000 | |
| CY2010Q4 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
4226000 | |
| CY2010Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
314000 | |
| CY2010Q4 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
11961000 | |
| CY2010Q4 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
2337000 | |
| CY2010Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
74736000 | |
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-2627000 | |
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
4536000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
| CY2010Q4 | us-gaap |
Electric Utility Revenue
ElectricUtilityRevenue
|
73551000 | |
| CY2010Q4 | us-gaap |
Interest Expense
InterestExpense
|
10372000 | |
| CY2010Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4458000 | |
| CY2010Q4 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1987000 | |
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.10 | |
| CY2010Q4 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.10 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.10 | |
| CY2010Q4 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
||
| CY2010Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
92833000 | |
| CY2010Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4238000 | |
| CY2010Q4 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1082000 | |
| CY2010Q4 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
19282000 | |
| CY2010Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-7107000 | |
| CY2010Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45431000 | shares |
| CY2010Q4 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
56000 | |
| CY2010Q4 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
-89000 | |
| CY2010Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7646000 | |
| CY2010Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
45450000 | shares |
| CY2010Q4 | us-gaap |
Cost Of Goods Sold Electric
CostOfGoodsSoldElectric
|
62775000 | |
| CY2010Q4 | us-gaap |
Profit Loss
ProfitLoss
|
4536000 | |
| CY2010Q4 | ora |
Impairment Of Auction Rate Securities
ImpairmentOfAuctionRateSecurities
|
137000 |
