2012 Q4 Form 10-K Financial Statement
#000143774914003113 Filed on February 28, 2014
Income Statement
| Concept | 2012 Q4 | 2012 | 2011 Q4 |
|---|---|---|---|
| Revenue | $116.1M | $501.8M | $123.7M |
| YoY Change | -6.18% | 17.94% | 33.29% |
| Cost Of Revenue | $94.06M | $380.0M | $90.74M |
| YoY Change | 3.65% | 18.7% | 21.42% |
| Gross Profit | $22.03M | $134.4M | $32.99M |
| YoY Change | -33.23% | 14.99% | 82.3% |
| Gross Profit Margin | 18.98% | 26.79% | 26.66% |
| Selling, General & Admin | $11.04M | $44.39M | $14.01M |
| YoY Change | -21.2% | 0.67% | 18.03% |
| % of Gross Profit | 50.12% | 33.02% | 42.47% |
| Research & Development | $2.160M | $6.108M | $1.673M |
| YoY Change | 29.11% | -30.6% | -15.8% |
| % of Gross Profit | 9.81% | 4.54% | 5.07% |
| Depreciation & Amortization | $26.50M | $102.3M | $25.10M |
| YoY Change | 5.58% | 6.16% | 12.56% |
| % of Gross Profit | 120.31% | 76.13% | 76.08% |
| Operating Expenses | $13.20M | $50.50M | $15.69M |
| YoY Change | -15.84% | -4.53% | 13.18% |
| Operating Profit | -$221.0M | -$155.1M | $17.31M |
| YoY Change | -1377.05% | -342.29% | 308.35% |
| Interest Expense | $19.53M | $64.07M | $15.03M |
| YoY Change | 29.94% | -7.76% | 44.89% |
| % of Operating Profit | 86.84% | ||
| Other Income/Expense, Net | $246.0K | $590.0K | $206.0K |
| YoY Change | 19.42% | -12.07% | -34.39% |
| Pretax Income | -$236.0M | -$283.2M | $6.668M |
| YoY Change | -3639.49% | 763.62% | -353.83% |
| Income Tax | -$14.75M | -$3.500M | $49.26M |
| % Of Pretax Income | 738.77% | ||
| Net Earnings | -$222.4M | -$206.4M | -$43.08M |
| YoY Change | 416.21% | 379.45% | -1066.35% |
| Net Earnings / Revenue | -191.57% | -41.14% | -34.82% |
| Basic Earnings Per Share | -$4.54 | ||
| Diluted Earnings Per Share | -$5.044M | -$4.54 | -$949.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 45.43M shares | 45.43M shares | 45.43M shares |
| Diluted Shares Outstanding | 45.43M shares | 45.43M shares | 45.43M shares |
Balance Sheet
| Concept | 2012 Q4 | 2012 | 2011 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $69.60M | $69.60M | $118.4M |
| YoY Change | -41.22% | -41.22% | 43.0% |
| Cash & Equivalents | $66.63M | $66.60M | $99.89M |
| Short-Term Investments | $3.000M | $3.000M | $18.50M |
| Other Short-Term Assets | $111.3M | $111.3M | $96.10M |
| YoY Change | 15.82% | 15.82% | 140.85% |
| Inventory | $20.67M | $30.30M | $12.54M |
| Prepaid Expenses | |||
| Receivables | $55.68M | $56.10M | $51.27M |
| Other Receivables | $8.632M | $8.900M | $9.415M |
| Total Short-Term Assets | $276.2M | $276.2M | $292.2M |
| YoY Change | -5.46% | -5.48% | 42.74% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $1.227B | $1.649B | $1.519B |
| YoY Change | -19.21% | -12.71% | -10.47% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | $35.49M | $38.78M | |
| YoY Change | -8.48% | ||
| Long-Term Investments | $2.600M | $2.600M | $3.800M |
| YoY Change | -31.58% | -31.58% | -30.91% |
| Other Assets | $124.2M | $124.2M | $90.90M |
| YoY Change | 36.63% | 36.63% | -6.1% |
| Total Long-Term Assets | $1.811B | $1.811B | $2.023B |
| YoY Change | -10.44% | -10.44% | 10.0% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $276.2M | $276.2M | $292.2M |
| Total Long-Term Assets | $1.811B | $1.811B | $2.023B |
| Total Assets | $2.088B | $2.088B | $2.315B |
| YoY Change | -9.82% | -9.82% | 13.28% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $51.30M | $51.30M | $105.1M |
| YoY Change | -51.19% | -26.61% | 22.92% |
| Accrued Expenses | $35.60M | $35.60M | |
| YoY Change | 23.18% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $68.30M | $68.30M | $55.60M |
| YoY Change | 22.84% | 22.84% | 13.47% |
| Total Short-Term Liabilities | $212.1M | $212.1M | $193.8M |
| YoY Change | 9.48% | 9.44% | 40.72% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $962.6M | $962.6M | $969.5M |
| YoY Change | -0.71% | -0.71% | 30.91% |
| Other Long-Term Liabilities | $5.148M | $172.1M | $4.253M |
| YoY Change | 21.04% | -9.52% | -97.75% |
| Total Long-Term Liabilities | $5.148M | $1.135B | $4.253M |
| YoY Change | 21.04% | -2.16% | -99.54% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $212.1M | $212.1M | $193.8M |
| Total Long-Term Liabilities | $5.148M | $1.135B | $4.253M |
| Total Liabilities | $1.392B | $1.399B | $1.408B |
| YoY Change | -1.15% | -1.2% | 27.52% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$37.74M | $172.3M | |
| YoY Change | -121.9% | ||
| Common Stock | $732.2M | $725.8M | |
| YoY Change | 0.88% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $695.1M | $688.5M | $898.7M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $2.094B | $2.088B | $2.315B |
| YoY Change | -9.53% | -9.82% | 13.28% |
Cashflow Statement
| Concept | 2012 Q4 | 2012 | 2011 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$222.4M | -$206.4M | -$43.08M |
| YoY Change | 416.21% | 379.45% | -1066.35% |
| Depreciation, Depletion And Amortization | $26.50M | $102.3M | $25.10M |
| YoY Change | 5.58% | 6.16% | 12.56% |
| Cash From Operating Activities | $27.10M | $89.47M | $34.20M |
| YoY Change | -20.76% | -32.59% | 56.88% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$46.70M | -$233.0M | -$90.70M |
| YoY Change | -48.51% | -14.18% | 1.91% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$500.0K | -$119.2M | -$12.10M |
| YoY Change | -95.87% | 71.51% | -131.68% |
| Cash From Investing Activities | -$47.20M | -$100.8M | -$102.8M |
| YoY Change | -54.09% | -70.44% | 102.36% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | $74.50M | ||
| YoY Change | 48.62% | ||
| Cash From Financing Activities | 49.20M | -21.94M | 109.4M |
| YoY Change | -55.03% | -109.74% | 74.76% |
| NET CHANGE | |||
| Cash From Operating Activities | 27.10M | 89.47M | 34.20M |
| Cash From Investing Activities | -47.20M | -100.8M | -102.8M |
| Cash From Financing Activities | 49.20M | -21.94M | 109.4M |
| Net Change In Cash | 29.10M | -33.26M | 40.80M |
| YoY Change | -28.68% | -294.82% | 21.43% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $27.10M | $89.47M | $34.20M |
| Capital Expenditures | -$46.70M | -$233.0M | -$90.70M |
| Free Cash Flow | $73.80M | $322.5M | $124.9M |
| YoY Change | -40.91% | -20.23% | 12.73% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
USD | |
| CY2011 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
-16380000 | USD |
| CY2011Q4 | us-gaap |
Assets
Assets
|
2314718000 | USD |
| CY2013 | us-gaap |
Revenues
Revenues
|
533239000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
2159433000 | USD |
| CY2012Q4 | us-gaap |
Assets
Assets
|
2087523000 | USD |
| CY2013 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
1270 | shares |
| CY2013 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
23.08 | |
| CY2012 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
602 | shares |
| CY2012 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
20.13 | |
| CY2011 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriod
|
622 | shares |
| CY2011 | ora |
Share Based Compensation Arrangement By Share Based Payment Award Stock Appreciation Rights Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardStockAppreciationRightsGrantsInPeriodWeightedAverageExercisePrice
|
25.65 | |
| CY2013 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
USD | |
| CY2012 | us-gaap |
Revenues
Revenues
|
501773000 | USD |
| CY2011 | us-gaap |
Revenues
Revenues
|
425456000 | USD |
