2012 Q2 Form 10-Q Financial Statement

#000104277612000108 Filed on August 01, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $130.6M $134.1M
YoY Change -2.65% 2.26%
Cost Of Revenue $52.40M $52.70M
YoY Change -0.57% 20.05%
Gross Profit $77.90M $81.70M
YoY Change -4.65% 10.41%
Gross Profit Margin 59.67% 60.92%
Selling, General & Admin $4.900M $7.500M
YoY Change -34.67% -1.32%
% of Gross Profit 6.29% 9.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.90M $43.20M
YoY Change -9.95% 18.68%
% of Gross Profit 49.94% 52.88%
Operating Expenses $95.96M $100.0M
YoY Change -4.07% 166.05%
Operating Profit $34.99M $35.98M
YoY Change -2.75% -11.25%
Interest Expense $15.94M $17.76M
YoY Change -10.24% -225.97%
% of Operating Profit 45.56% 49.37%
Other Income/Expense, Net -$15.41M -$18.05M
YoY Change -14.61%
Pretax Income $19.40M $16.80M
YoY Change 15.48% -24.32%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $30.71M $21.03M
YoY Change 46.03% 7.09%
Net Earnings / Revenue 23.52% 15.68%
Basic Earnings Per Share $0.18 $0.12
Diluted Earnings Per Share $0.18 $0.12
COMMON SHARES
Basic Shares Outstanding 172.1M shares 172.8M shares
Diluted Shares Outstanding 172.2M shares 173.0M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.90M $21.40M
YoY Change 25.7% -73.61%
Cash & Equivalents $26.87M $21.40M
Short-Term Investments
Other Short-Term Assets $7.400M $14.60M
YoY Change -49.32% -41.37%
Inventory
Prepaid Expenses
Receivables $154.2M $139.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $188.5M $175.0M
YoY Change 7.71% -40.68%
LONG-TERM ASSETS
Property, Plant & Equipment $3.571B $3.792B
YoY Change -5.81% 6.32%
Goodwill $180.1M
YoY Change
Intangibles
YoY Change
Long-Term Investments $37.58M $41.30M
YoY Change -9.01% -3.95%
Other Assets $284.1M $263.8M
YoY Change 7.7% 44.47%
Total Long-Term Assets $4.140B $4.385B
YoY Change -5.6% 6.68%
TOTAL ASSETS
Total Short-Term Assets $188.5M $175.0M
Total Long-Term Assets $4.140B $4.385B
Total Assets $4.328B $4.560B
YoY Change -5.09% 3.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $126.2M $126.1M
YoY Change 0.08% 26.35%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $126.2M $126.1M
YoY Change 0.08% 26.35%
LONG-TERM LIABILITIES
Long-Term Debt $1.401B $1.637B
YoY Change -14.45% 16.73%
Other Long-Term Liabilities $74.80M $75.80M
YoY Change -1.32% -17.52%
Total Long-Term Liabilities $1.475B $1.713B
YoY Change -13.87% 14.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $126.2M $126.1M
Total Long-Term Liabilities $1.475B $1.713B
Total Liabilities $1.602B $1.845B
YoY Change -13.19% 15.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $3.667B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.725B $2.715B
YoY Change
Total Liabilities & Shareholders Equity $4.328B $4.560B
YoY Change -5.09% 3.51%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $30.71M $21.03M
YoY Change 46.03% 7.09%
Depreciation, Depletion And Amortization $38.90M $43.20M
YoY Change -9.95% 18.68%
Cash From Operating Activities $30.70M $53.70M
YoY Change -42.83% -24.79%
INVESTING ACTIVITIES
Capital Expenditures -$22.10M -$47.00M
YoY Change -52.98% 428.09%
Acquisitions
YoY Change
Other Investing Activities $15.00M -$7.500M
YoY Change -300.0% 127.27%
Cash From Investing Activities -$7.100M -$54.40M
YoY Change -86.95% 345.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.40M -20.00M
YoY Change 27.0% -63.7%
NET CHANGE
Cash From Operating Activities 30.70M 53.70M
Cash From Investing Activities -7.100M -54.40M
Cash From Financing Activities -25.40M -20.00M
Net Change In Cash -1.800M -20.70M
YoY Change -91.3% -604.88%
FREE CASH FLOW
Cash From Operating Activities $30.70M $53.70M
Capital Expenditures -$22.10M -$47.00M
Free Cash Flow $52.80M $100.7M
YoY Change -47.57% 25.4%

Facts In Submission

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dei Amendment Flag
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dei Document Fiscal Year Focus
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dei Document Period End Date
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dei Document Type
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dei Entity Central Index Key
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CY2012Q3 dei Entity Common Stock Shares Outstanding
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dei Entity Filer Category
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dei Entity Registrant Name
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Piedmont Office Realty Trust, Inc.

Files In Submission

Name View Source Status
0001042776-12-000108-index-headers.html Edgar Link pending
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