$SGU
STAR GROUP, L.P.

2015 Q3 Form 10-Q Financial Statement

#000119312515274881 Filed on August 03, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $167.2M $245.6M $326.5M
YoY Change -24.82% -24.78% 24.37%
Cost Of Revenue $124.6M $52.79M $50.00M
YoY Change -32.61% 5.57% 13.38%
Gross Profit $42.52M $59.77M $60.68M
YoY Change 13.37% -1.51% 10.52%
Gross Profit Margin 25.44% 24.33% 18.58%
Selling, General & Admin $66.30M $70.70M $71.50M
YoY Change 8.51% -1.12% 22.43%
% of Gross Profit 155.92% 118.3% 117.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.900M $6.600M $6.100M
YoY Change -1.43% 8.2% 29.79%
% of Gross Profit 16.23% 11.04% 10.05%
Operating Expenses $89.90M $75.30M $74.80M
YoY Change 35.19% 0.67% 22.62%
Operating Profit -$61.18M -$10.07M -$10.80M
YoY Change 52.24% -6.71% 34.95%
Interest Expense -$17.80M $1.500M $5.444M
YoY Change 17.88% -72.45% 53.48%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$72.43M -$13.97M -$16.62M
YoY Change 64.18% -15.93% 39.04%
Income Tax -$27.10M -$5.611M -$7.026M
% Of Pretax Income
Net Earnings -$45.33M -$8.359M -$9.592M
YoY Change 75.49% -12.85% 26.41%
Net Earnings / Revenue -27.12% -3.4% -2.94%
Basic Earnings Per Share
Diluted Earnings Per Share -$790.6K -$146.6K -$167.0K
COMMON SHARES
Basic Shares Outstanding 57.28M shares 57.28M shares 57.47M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.5M $122.6M $7.100M
YoY Change 105.1% 1626.76% -84.01%
Cash & Equivalents $100.5M $122.6M $7.115M
Short-Term Investments
Other Short-Term Assets $26.00M $61.90M $36.60M
YoY Change -59.63% 69.13% -10.51%
Inventory $55.67M $46.60M $48.59M
Prepaid Expenses
Receivables $89.23M $135.9M $211.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $271.5M $367.1M $303.4M
YoY Change -8.43% 20.99% 5.71%
LONG-TERM ASSETS
Property, Plant & Equipment $68.12M $64.23M $68.05M
YoY Change 1.04% -5.62% 37.0%
Goodwill $211.0M $209.4M $209.1M
YoY Change 0.82% 0.14% 3.97%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.24M $11.09M $11.67M
YoY Change 1.14% -5.02% 48.07%
Total Long-Term Assets $414.0M $376.8M $391.8M
YoY Change 6.53% -3.82% 19.75%
TOTAL ASSETS
Total Short-Term Assets $271.5M $367.1M $303.4M
Total Long-Term Assets $414.0M $376.8M $391.8M
Total Assets $685.5M $743.9M $695.1M
YoY Change 0.06% 7.01% 13.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.32M $14.35M $22.31M
YoY Change 16.99% -35.68% 47.55%
Accrued Expenses $107.7M $128.4M $112.6M
YoY Change 4.67% 13.95% 14.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $25.00M $39.54M
YoY Change -36.78%
Long-Term Debt Due $10.00M $25.00M
YoY Change
Total Short-Term Liabilities $278.5M $261.0M $251.3M
YoY Change 9.9% 3.86% 30.52%
LONG-TERM LIABILITIES
Long-Term Debt $90.00M $99.66M $124.5M
YoY Change -27.75% -19.98% 0.09%
Other Long-Term Liabilities $27.11M $8.069M $6.600M
YoY Change 212.44% 22.26% -53.82%
Total Long-Term Liabilities $117.1M $107.7M $131.1M
YoY Change -12.11% -17.85% -5.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $278.5M $261.0M $251.3M
Total Long-Term Liabilities $117.1M $107.7M $131.1M
Total Liabilities $395.6M $368.7M $382.4M
YoY Change 2.31% -3.59% 15.45%
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 $289.9M $340.7M $306.1M
YoY Change
Total Liabilities & Shareholders Equity $685.5M $743.9M $695.1M
YoY Change 0.06% 7.01% 13.19%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$45.33M -$8.359M -$9.592M
YoY Change 75.49% -12.85% 26.41%
Depreciation, Depletion And Amortization $6.900M $6.600M $6.100M
YoY Change -1.43% 8.2% 29.79%
Cash From Operating Activities $40.70M $92.60M $127.0M
YoY Change -54.73% -27.09% 15.66%
INVESTING ACTIVITIES
Capital Expenditures -$4.400M -$1.500M -$1.500M
YoY Change 69.23% 0.0% 50.0%
Acquisitions
YoY Change
Other Investing Activities -$19.90M $0.00 $100.0K
YoY Change 4875.0% -100.0% -120.0%
Cash From Investing Activities -$24.30M -$1.500M -$1.400M
YoY Change 710.0% 7.14% -6.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.60M -5.500M -131.3M
YoY Change -14.22% -95.81% 76.72%
NET CHANGE
Cash From Operating Activities 40.70M 92.60M 127.0M
Cash From Investing Activities -24.30M -1.500M -1.400M
Cash From Financing Activities -38.60M -5.500M -131.3M
Net Change In Cash -22.20M 85.60M -5.700M
YoY Change -152.98% -1601.75% -116.76%
FREE CASH FLOW
Cash From Operating Activities $40.70M $92.60M $127.0M
Capital Expenditures -$4.400M -$1.500M -$1.500M
Free Cash Flow $45.10M $94.10M $128.5M
YoY Change -51.24% -26.77% 15.97%

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