2016 Form 10-K Financial Statement
#000155837019000847 Filed on February 21, 2019
Income Statement
| Concept | 2016 |
|---|---|
| Revenue | $3.064B |
| YoY Change | -1.03% |
| Cost Of Revenue | $3.236B |
| YoY Change | 185.52% |
| Gross Profit | -$172.7M |
| YoY Change | -108.8% |
| Gross Profit Margin | -5.64% |
| Selling, General & Admin | $1.206B |
| YoY Change | 0.18% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $285.0M |
| YoY Change | 7.74% |
| % of Gross Profit | |
| Operating Expenses | $1.746B |
| YoY Change | 1.07% |
| Operating Profit | -$172.7M |
| YoY Change | -173.64% |
| Interest Expense | $78.18M |
| YoY Change | -205.79% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$76.13M |
| YoY Change | -325.9% |
| Pretax Income | -$248.8M |
| YoY Change | -228.06% |
| Income Tax | -$87.23M |
| % Of Pretax Income | |
| Net Earnings | -$161.6M |
| YoY Change | -237.18% |
| Net Earnings / Revenue | -5.27% |
| Basic Earnings Per Share | -$3.14 |
| Diluted Earnings Per Share | -$3.14 |
| COMMON SHARES | |
| Basic Shares Outstanding | 51.51M |
| Diluted Shares Outstanding | 51.51M |
Balance Sheet
| Concept | 2016 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $556.7M |
| YoY Change | 13.68% |
| Cash & Equivalents | $146.8M |
| Short-Term Investments | $409.9M |
| Other Short-Term Assets | $195.7M |
| YoY Change | -39.32% |
| Inventory | $118.5M |
| Prepaid Expenses | |
| Receivables | $46.90M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $917.8M |
| YoY Change | -9.81% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $3.822B |
| YoY Change | 10.11% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $260.2M |
| YoY Change | -8.12% |
| Total Long-Term Assets | $4.090B |
| YoY Change | 8.65% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $917.8M |
| Total Long-Term Assets | $4.090B |
| Total Assets | $5.008B |
| YoY Change | 4.73% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $241.2M |
| YoY Change | -13.83% |
| Accrued Expenses | $155.5M |
| YoY Change | -2.02% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $305.5M |
| YoY Change | 13.7% |
| Total Short-Term Liabilities | $747.3M |
| YoY Change | -0.09% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $2.240B |
| YoY Change | 35.01% |
| Other Long-Term Liabilities | $104.3M |
| YoY Change | -12.13% |
| Total Long-Term Liabilities | $2.344B |
| YoY Change | 31.86% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $747.3M |
| Total Long-Term Liabilities | $2.344B |
| Total Liabilities | $3.657B |
| YoY Change | 11.65% |
| 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 | $1.351B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $5.008B |
| YoY Change | 4.73% |
Cashflow Statement
| Concept | 2016 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$161.6M |
| YoY Change | -237.18% |
| Depreciation, Depletion And Amortization | $285.0M |
| YoY Change | 7.74% |
| Cash From Operating Activities | $506.7M |
| YoY Change | 21.42% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$1.154B |
| YoY Change | 59.99% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$23.10M |
| YoY Change | -115.24% |
| Cash From Investing Activities | -$1.177B |
| YoY Change | 106.62% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 614.1M |
| YoY Change | 175.13% |
| NET CHANGE | |
| Cash From Operating Activities | 506.7M |
| Cash From Investing Activities | -1.177B |
| Cash From Financing Activities | 614.1M |
| Net Change In Cash | -56.30M |
| YoY Change | -179.52% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $506.7M |
| Capital Expenditures | -$1.154B |
| Free Cash Flow | $1.661B |
| YoY Change | 45.85% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
957000 | |
| CY2016 | skyw |
Special Charges And Write Down Value Of Assets
SpecialChargesAndWriteDownValueOfAssets
|
465649000 | |
| CY2016 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-161397000 | |
| CY2017 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
428928000 | |
| CY2016 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
3236386000 | |
| CY2017 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2734393000 | |
| CY2016 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
284969000 | |
| CY2017 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
292768000 | |
| CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.14 | |
| CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
8.28 | |
| CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.14 | |
| CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
8.08 | |
| CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-248812000 | |
| CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
288183000 | |
| CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-87226000 | |
| CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-140724000 | |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-161586000 | |
| CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-161586000 | |
| CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
428907000 | |
| CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
428907000 | |
| CY2016 | us-gaap |
Interest Expense
InterestExpense
|
78177000 | |
| CY2017 | us-gaap |
Interest Expense
InterestExpense
|
104925000 | |
| CY2016 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2143000 | |
| CY2017 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
4509000 | |
| CY2016 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1205459000 | |
| CY2017 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1192067000 | |
| CY2016 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-76128000 | |
| CY2017 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-100016000 | |
| CY2016 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-172684000 | |
| CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
388199000 | |
| CY2016 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
189000 | |
| CY2017 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
21000 | |
| CY2016 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
255559000 | |
| CY2017 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
250778000 | |
| CY2016 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-94000 | |
| CY2017 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
400000 | |
| CY2016 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3063702000 | |
| CY2017 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
3122592000 | |
| CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51505000 | |
| CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
53100000 | |
| CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51505000 | |
| CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51804000 |
