2011 Q3 Form 10-Q Financial Statement
#000104746911009221 Filed on November 08, 2011
Income Statement
Concept | 2011 Q3 | 2010 Q4 | 2010 Q3 |
---|---|---|---|
Revenue | $105.8M | $136.0M | $133.3M |
YoY Change | -20.6% | -19.1% | -25.2% |
Cost Of Revenue | $24.60M | $23.00M | $24.20M |
YoY Change | 1.65% | 19.17% | -17.69% |
Gross Profit | $69.70M | $113.0M | $107.9M |
YoY Change | -35.4% | -24.06% | -27.49% |
Gross Profit Margin | 65.85% | 83.09% | 80.95% |
Selling, General & Admin | $27.00M | $33.00M | $24.20M |
YoY Change | 11.57% | 25.48% | -15.09% |
% of Gross Profit | 38.74% | 29.2% | 22.43% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $15.00M | $15.80M | $15.90M |
YoY Change | -5.66% | -37.55% | -37.4% |
% of Gross Profit | 21.52% | 13.98% | 14.74% |
Operating Expenses | $54.20M | $105.3M | $121.7M |
YoY Change | -55.46% | -60.49% | -67.8% |
Operating Profit | $15.50M | $7.700M | -$13.80M |
YoY Change | -212.32% | -106.54% | -93.98% |
Interest Expense | $90.66M | -$48.50M | -$70.10M |
YoY Change | -229.33% | -35.68% | -21.85% |
% of Operating Profit | 584.9% | -629.87% | |
Other Income/Expense, Net | $3.974M | ||
YoY Change | |||
Pretax Income | -$77.42M | -$53.60M | -$78.23M |
YoY Change | -1.03% | -65.31% | -67.99% |
Income Tax | $1.354M | $4.500M | $700.0K |
% Of Pretax Income | |||
Net Earnings | -$53.66M | -$58.50M | -$75.49M |
YoY Change | -28.92% | -61.84% | -69.56% |
Net Earnings / Revenue | -50.7% | -43.01% | -56.63% |
Basic Earnings Per Share | -$0.71 | ||
Diluted Earnings Per Share | -$0.71 | -$633.8K | -$810.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 87.95M shares | 93.37M shares | |
Diluted Shares Outstanding | 87.95M shares | 93.37M shares |
Balance Sheet
Concept | 2011 Q3 | 2010 Q4 | 2010 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $217.0M | $505.0M | $1.120B |
YoY Change | -80.63% | 124.44% | 498.93% |
Cash & Equivalents | $217.0M | $504.9M | $1.120B |
Short-Term Investments | |||
Other Short-Term Assets | $9.000M | $5.000M | $9.000M |
YoY Change | 0.0% | -16.67% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $8.000M | ||
Other Receivables | $81.00M | ||
Total Short-Term Assets | $315.0M | $586.0M | $1.207B |
YoY Change | -73.9% | 58.81% | 228.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.739B | $1.796B | $1.786B |
YoY Change | -2.63% | -38.07% | -38.77% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $4.860B | $5.953B | $6.609B |
YoY Change | -26.46% | -29.71% | -28.86% |
Other Assets | $768.0M | $765.0M | $817.0M |
YoY Change | -6.0% | -18.44% | 17.22% |
Total Long-Term Assets | $7.439B | $8.589B | $9.258B |
YoY Change | -19.65% | -30.97% | -28.99% |
TOTAL ASSETS | |||
Total Short-Term Assets | $315.0M | $586.0M | $1.207B |
Total Long-Term Assets | $7.439B | $8.589B | $9.258B |
Total Assets | $7.754B | $9.175B | $10.47B |
YoY Change | -25.91% | -28.39% | -21.93% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $101.0M | $64.00M | $107.0M |
YoY Change | -5.61% | -30.43% | -18.32% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $101.0M | $64.00M | $112.0M |
YoY Change | -9.82% | -60.0% | -44.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.995B | $7.345B | $8.517B |
YoY Change | -29.61% | -32.58% | -24.7% |
Other Long-Term Liabilities | $34.00M | $71.00M | $74.00M |
YoY Change | -54.05% | -29.0% | -9.76% |
Total Long-Term Liabilities | $6.029B | $7.416B | $8.591B |
YoY Change | -29.82% | -32.55% | -24.59% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $101.0M | $64.00M | $112.0M |
Total Long-Term Liabilities | $6.029B | $7.416B | $8.591B |
Total Liabilities | $6.149B | $7.480B | $8.751B |
YoY Change | -29.73% | -33.25% | -24.75% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$2.014B | ||
YoY Change | |||
Common Stock | $138.0K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $158.5M | ||
YoY Change | |||
Treasury Stock Shares | 58.11M shares | 45.85M shares | |
Shareholders Equity | $1.558B | $1.648B | $1.713B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.754B | $9.175B | $10.47B |
YoY Change | -25.91% | -28.39% | -21.93% |
Cashflow Statement
Concept | 2011 Q3 | 2010 Q4 | 2010 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$53.66M | -$58.50M | -$75.49M |
YoY Change | -28.92% | -61.84% | -69.56% |
Depreciation, Depletion And Amortization | $15.00M | $15.80M | $15.90M |
YoY Change | -5.66% | -37.55% | -37.4% |
Cash From Operating Activities | $17.00M | -$54.80M | $18.50M |
YoY Change | -8.11% | 140.35% | -69.52% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$25.20M | -$23.20M | -$5.300M |
YoY Change | 375.47% | 8.41% | -198.15% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $327.4M | $631.0M | $714.7M |
YoY Change | -54.19% | 59.18% | 417.52% |
Cash From Investing Activities | $302.2M | $607.9M | $709.3M |
YoY Change | -57.39% | 62.06% | 394.63% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -491.0M | -1.168B | -139.7M |
YoY Change | 251.47% | 271.12% | -67.84% |
NET CHANGE | |||
Cash From Operating Activities | 17.00M | -54.80M | 18.50M |
Cash From Investing Activities | 302.2M | 607.9M | 709.3M |
Cash From Financing Activities | -491.0M | -1.168B | -139.7M |
Net Change In Cash | -171.8M | -614.8M | 588.1M |
YoY Change | -129.21% | -1735.11% | -355.36% |
FREE CASH FLOW | |||
Cash From Operating Activities | $17.00M | -$54.80M | $18.50M |
Capital Expenditures | -$25.20M | -$23.20M | -$5.300M |
Free Cash Flow | $42.20M | -$31.60M | $23.80M |
YoY Change | 77.31% | 2157.14% | -56.96% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2010Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1609000 | USD |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2014013000 | USD |
CY2010Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2011Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2010Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3809071000 | USD |
CY2010Q4 | sfi |
Treasury Stock Par Value Per Share
TreasuryStockParValuePerShare
|
0.001 | |
CY2011Q3 | sfi |
Treasury Stock Par Value Per Share
TreasuryStockParValuePerShare
|
0.001 | |
CY2010Q4 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2011Q3 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2010Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
45853000 | shares |
CY2011Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
81917894 | shares |
dei |
Document Fiscal Period Focus
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|
Q3 | ||
CY2011Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
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dei |
Document Fiscal Year Focus
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|
2011 | ||
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Common Stock Shares Issued
CommonStockSharesIssued
|
138616000 | shares |
CY2010Q4 | us-gaap |
Common Stock Value
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|
138000 | USD |
dei |
Entity Filer Category
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|
Accelerated Filer | ||
CY2010Q4 | us-gaap |
Common Stock Shares Authorized
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|
200000000 | shares |
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Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
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High Performance Units
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|
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Current Fiscal Year End Date
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|
--12-31 | ||
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Amendment Flag
AmendmentFlag
|
false | ||
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Document Period End Date
DocumentPeriodEndDate
|
2011-09-30 | ||
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Document Type
DocumentType
|
10-Q | ||
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Preferred Stock Value
PreferredStockValue
|
22000 | USD |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001095651 | ||
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Entity Registrant Name
EntityRegistrantName
|
ISTAR FINANCIAL INC | ||
CY2010Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
7479855000 | USD |
CY2010Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
7345433000 | USD |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
134422000 | USD |
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Assets
Assets
|
9174514000 | USD |
CY2010Q4 | sfi |
Deferred Expenses And Other Assets Net
DeferredExpensesAndOtherAssetsNet
|
85528000 | USD |
CY2010Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
62569000 | USD |
CY2010Q4 | sfi |
Accrued Interest And Operating Lease Income Receivable Net
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|
24408000 | USD |
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Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
13784000 | USD |
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Cash And Cash Equivalents At Carrying Value
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|
504865000 | USD |
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Other Investments
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|
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Other Real Estate Owned
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|
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Real Estate Held For Investment
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Property Subject To Or Available For Operating Lease Net
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|
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Minority Interest
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|
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Stockholders Equity
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Treasury Stock Value
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Cash And Cash Equivalents At Carrying Value
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|
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Net Income Loss
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|
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Income Loss From Continuing Operations
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Income Loss From Continuing Operations
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|
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|
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Costs And Expenses
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|
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|
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us-gaap |
Net Income Loss
NetIncomeLoss
|
3778000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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Costs And Expenses
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Profit Loss
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|
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Income Loss From Continuing Operations Before Income Loss From Equity Method Investments And Other Items
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Costs And Expenses
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|
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|
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|
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|
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|
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Revenues
|
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Revenues
|
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Net Income Loss Attributable To Redeemable Noncontrolling Interest
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|
16000 | USD | |
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Profit Loss Adjusted For Income Loss Attributable To Redeemable Noncontrolling Interest
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|
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|
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|
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|
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Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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|
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Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
|
2008000 | USD |
CY2010Q3 | sfi |
Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
|
2539000 | USD |
sfi |
Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
|
845000 | USD | |
sfi |
Net Income Loss Available To Hpu Holders And Participating Security Holders Basic
NetIncomeLossAvailableToHpuHoldersAndParticipatingSecurityHoldersBasic
|
-3145000 | USD | |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.96 | |
CY2010Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.94 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.55 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
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|
-1.91 | ||
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Earnings Per Share Basic And Diluted
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|
-0.71 | |
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Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.89 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.30 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
1.10 | ||
CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
87951000 | shares |
CY2010Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93370000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
91020000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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|
93556000 | shares | |
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Weighted Average Number Of Diluted Shares Outstanding
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|
87951000 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
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|
93370000 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
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|
91020000 | shares | |
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Weighted Average Number Of Diluted Shares Outstanding
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|
93556000 | shares | |
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Income Loss From Continuing Operations Per Basic And Diluted Hpu Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedHpuShare
|
-182.34 | |
CY2010Q3 | sfi |
Income Loss From Continuing Operations Per Basic And Diluted Hpu Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedHpuShare
|
-177.74 | |
sfi |
Income Loss From Continuing Operations Per Basic And Diluted Hpu Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedHpuShare
|
-102.06 | ||
sfi |
Income Loss From Continuing Operations Per Basic And Diluted Hpu Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedHpuShare
|
-361.26 | ||
CY2011Q3 | sfi |
Earnings Per Hpu Share Basic And Diluted
EarningsPerHpuShareBasicAndDiluted
|
-133.87 | |
CY2010Q3 | sfi |
Earnings Per Hpu Share Basic And Diluted
EarningsPerHpuShareBasicAndDiluted
|
-169.27 | |
sfi |
Earnings Per Hpu Share Basic And Diluted
EarningsPerHpuShareBasicAndDiluted
|
-56.33 | ||
sfi |
Earnings Per Hpu Share Basic And Diluted
EarningsPerHpuShareBasicAndDiluted
|
209.67 | ||
CY2011Q3 | sfi |
Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
|
15000 | shares |
CY2010Q3 | sfi |
Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
|
15000 | shares |
sfi |
Weighted Average Number Of Hpu Shares Outstanding Basic And Diluted
WeightedAverageNumberOfHpuSharesOutstandingBasicAndDiluted
|
15000 | shares |