2010 Q4 Form 10-K Financial Statement
#000119312512079901 Filed on February 27, 2012
Income Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| Revenue | $293.1M | $245.2M | $182.4M |
| YoY Change | 79.71% | 81.76% | 36.02% |
| Cost Of Revenue | $109.6M | $100.0M | $82.20M |
| YoY Change | 50.34% | 49.25% | 22.87% |
| Gross Profit | $183.5M | $145.3M | $100.2M |
| YoY Change | 103.66% | 113.99% | 49.11% |
| Gross Profit Margin | 62.61% | 59.26% | 54.93% |
| Selling, General & Admin | $52.10M | $61.90M | $33.90M |
| YoY Change | 125.54% | 147.6% | 43.64% |
| % of Gross Profit | 28.39% | 42.6% | 33.83% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $82.30M | $103.7M | $66.10M |
| YoY Change | 36.03% | 129.42% | 36.57% |
| % of Gross Profit | 44.85% | 71.37% | 65.97% |
| Operating Expenses | $143.7M | $165.5M | $100.0M |
| YoY Change | 71.68% | 135.75% | 38.89% |
| Operating Profit | $39.80M | -$20.20M | $200.0K |
| YoY Change | 521.88% | 778.26% | -104.17% |
| Interest Expense | -$223.0M | -$130.8M | $55.40M |
| YoY Change | 438.65% | 30.28% | -190.82% |
| % of Operating Profit | -560.3% | 27700.0% | |
| Other Income/Expense, Net | $500.0K | $1.400M | -$500.0K |
| YoY Change | -93.06% | -227.27% | -200.0% |
| Pretax Income | -$185.2M | -$149.6M | $54.80M |
| YoY Change | -56.99% | 43.98% | -159.89% |
| Income Tax | $10.40M | -$457.2M | $200.0K |
| % Of Pretax Income | 0.36% | ||
| Net Earnings | -$195.6M | $307.6M | $54.61M |
| YoY Change | -54.33% | -403.65% | -159.88% |
| Net Earnings / Revenue | -66.73% | 125.45% | 29.94% |
| Basic Earnings Per Share | -$0.53 | $0.82 | $0.21 |
| Diluted Earnings Per Share | -$0.53 | $0.73 | $0.20 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $5.900M | $2.600M | $2.100M |
| YoY Change | -25.32% | -82.19% | 250.0% |
| Cash & Equivalents | $5.863M | $2.600M | $2.100M |
| Short-Term Investments | |||
| Other Short-Term Assets | $19.70M | $31.80M | $116.3M |
| YoY Change | -85.82% | -80.35% | -52.34% |
| Inventory | $3.900M | $3.600M | $4.300M |
| Prepaid Expenses | |||
| Receivables | $146.1M | $120.2M | $103.4M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $175.6M | $158.2M | $226.1M |
| YoY Change | -31.41% | -39.25% | -29.67% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.734B | $4.608B | $2.784B |
| YoY Change | 94.52% | 134.58% | 44.92% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $4.800M | $3.100M | $6.700M |
| YoY Change | -23.81% | -66.3% | -11.84% |
| Other Assets | $82.80M | $85.40M | $112.1M |
| YoY Change | -2.01% | 10.77% | -2.01% |
| Total Long-Term Assets | $5.056B | $4.936B | $2.903B |
| YoY Change | 100.29% | 140.71% | 42.09% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $175.6M | $158.2M | $226.1M |
| Total Long-Term Assets | $5.056B | $4.936B | $2.903B |
| Total Assets | $5.231B | $5.094B | $3.129B |
| YoY Change | 88.16% | 120.43% | 32.33% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $800.0K | $395.1M | $315.9M |
| YoY Change | -11.11% | 71.26% | 70.2% |
| Accrued Expenses | |||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $7.300M | $8.600M | $9.600M |
| YoY Change | -39.17% | -38.13% | -37.66% |
| Total Short-Term Liabilities | $544.5M | $462.5M | $335.5M |
| YoY Change | 141.46% | 78.57% | 61.76% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $2.902B | $2.989B | $2.749B |
| YoY Change | 13.05% | 40.56% | 28.08% |
| Other Long-Term Liabilities | $237.7M | $205.5M | $162.2M |
| YoY Change | 29.4% | 76.24% | 58.86% |
| Total Long-Term Liabilities | $3.140B | $3.194B | $2.912B |
| YoY Change | 14.14% | 42.41% | 29.48% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $544.5M | $462.5M | $335.5M |
| Total Long-Term Liabilities | $3.140B | $3.194B | $2.912B |
| Total Liabilities | $3.695B | $3.667B | $3.258B |
| YoY Change | 23.74% | 46.57% | 32.65% |
| 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 | $1.536B | $1.427B | -$129.5M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.231B | $5.094B | $3.129B |
| YoY Change | 88.16% | 120.43% | 32.33% |
Cashflow Statement
| Concept | 2010 Q4 | 2010 Q3 | 2010 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$195.6M | $307.6M | $54.61M |
| YoY Change | -54.33% | -403.65% | -159.88% |
| Depreciation, Depletion And Amortization | $82.30M | $103.7M | $66.10M |
| YoY Change | 36.03% | 129.42% | 36.57% |
| Cash From Operating Activities | $41.70M | $80.70M | $110.9M |
| YoY Change | 20.87% | -39.32% | 61.19% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$341.0M | -$405.3M | -$236.7M |
| YoY Change | -61.34% | 290.09% | 35.96% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $101.5M | $107.4M | $400.0K |
| YoY Change | -25475.0% | 1018.75% | -99.84% |
| Cash From Investing Activities | -$239.4M | -$297.9M | -$236.3M |
| YoY Change | -72.88% | 216.24% | -396.86% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 201.0M | 217.6M | 125.0M |
| YoY Change | -76.11% | -980.97% | -184.52% |
| NET CHANGE | |||
| Cash From Operating Activities | 41.70M | 80.70M | 110.9M |
| Cash From Investing Activities | -239.4M | -297.9M | -236.3M |
| Cash From Financing Activities | 201.0M | 217.6M | 125.0M |
| Net Change In Cash | 3.300M | 400.0K | -400.0K |
| YoY Change | -148.53% | -97.16% | -180.0% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $41.70M | $80.70M | $110.9M |
| Capital Expenditures | -$341.0M | -$405.3M | -$236.7M |
| Free Cash Flow | $382.7M | $486.0M | $347.6M |
| YoY Change | -58.25% | 105.15% | 43.1% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2010Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
666233000 | |
| CY2010Q4 | us-gaap |
Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
|
4483736000 | |
| CY2010Q4 | sd |
Deferred Tax Liabilities Equity Investments
DeferredTaxLiabilitiesEquityInvestments
|
3540000 | |
| CY2011Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
668391000 | |
| CY2011Q4 | us-gaap |
Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
|
4791534000 | |
| CY2011Q4 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
|
5216337000 | |
| CY2011Q4 | sd |
Deferred Tax Liabilities Equity Investments
DeferredTaxLiabilitiesEquityInvestments
|
233819000 | |
| CY2009 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts
|
938272000 | |
| CY2009 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
407409000 | |
| CY2009 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
645142000 | |
| CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1605024000 | |
| CY2009 | us-gaap |
Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
|
7304000 | |
| CY2009 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
126345000 | |
| CY2009 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
18415000 | |
| CY2009 | sd |
Allowance For Doubtful Accounts Write Offs
AllowanceForDoubtfulAccountsWrite-Offs
|
498000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
18.28 | |
| CY2010 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts
|
3779761000 | |
| CY2010 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
1006232000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
6210000 | shares |
| CY2010 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
1129653000 | |
| CY2010 | us-gaap |
Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
|
-405413000 | |
| CY2011Q4 | sd |
Gain Loss On Commodity Derivative Instruments Net Pre Tax
GainLossOnCommodityDerivativeInstrumentsNetPreTax
|
445000000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
7.87 | |
| CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6786000 | |
| CY2010 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
1613000 | shares |
| CY2010 | us-gaap |
Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
|
15713000 | |
| CY2010 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
31717000 | |
| CY2010 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
10565000 | |
| CY2010 | sd |
Allowance For Doubtful Accounts Write Offs
AllowanceForDoubtfulAccountsWrite-Offs
|
2216000 | |
| CY2011 | us-gaap |
Exploration Costs
ExplorationCosts
|
71595000 | |
| CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts
|
2977993000 | |
| CY2011 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
1296903000 | |
| CY2011 | us-gaap |
Development Costs
DevelopmentCosts
|
166586000 | |
| CY2011 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
1833025000 | |
| CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
|
5216337000 | |
| CY2011 | us-gaap |
Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
|
-20134000 | |
| CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
429013000 | |
| CY2011 | us-gaap |
Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
|
21539000 | |
| CY2011 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
98849000 | |
| CY2011 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
-111231000 | |
| CY2011 | sd |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset And Liabilities Level3 Transfers Out Of
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAndLiabilitiesLevel3TransfersOutOf
|
-117268000 | |
| CY2011 | sd |
Allowance For Doubtful Accounts Write Offs
AllowanceForDoubtfulAccountsWrite-Offs
|
108000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
| CY2010Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
18605000 | |
| CY2010Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
| CY2010Q1 | us-gaap |
Profit Loss
ProfitLoss
|
28374000 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.79 | |
| CY2011Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-316284000 | |
| CY2011Q2 | us-gaap |
Profit Loss
ProfitLoss
|
223170000 | |
| CY2011Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.79 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.73 | |
| CY2011Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-302338000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.20 | |
| CY2010Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
44884000 | |
| CY2010Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.21 | |
| CY2010Q2 | us-gaap |
Profit Loss
ProfitLoss
|
54611000 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | |
| CY2011Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
196135000 | |
| CY2010Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
297657000 | |
| CY2010Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.82 | |
| CY2010Q3 | us-gaap |
Profit Loss
ProfitLoss
|
307602000 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.97 | |
| CY2011Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-388597000 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.97 | |
| CY2011Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-394448000 | |
| CY2011Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.49 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.16 | |
| CY2011Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
561228000 | |
| CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.41 | |
| CY2011Q3 | us-gaap |
Profit Loss
ProfitLoss
|
636004000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.53 | |
| CY2010Q4 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-208023000 | |
| CY2010Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.53 | |
| CY2010Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-195577000 |
