2015 Q1 Form 10-Q Financial Statement

#000112695616000112 Filed on May 04, 2016

View on sec.gov

Income Statement

Concept 2015 Q1
Revenue $877.4M
YoY Change 26.34%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.40M
YoY Change 59.61%
% of Gross Profit
Operating Expenses $719.7M
YoY Change 18.51%
Operating Profit $157.7M
YoY Change 80.85%
Interest Expense $19.10M
YoY Change 105.38%
% of Operating Profit 12.11%
Other Income/Expense, Net $700.0K
YoY Change -333.33%
Pretax Income $139.3M
YoY Change 79.51%
Income Tax $44.90M
% Of Pretax Income 32.23%
Net Earnings $94.40M
YoY Change 80.84%
Net Earnings / Revenue 10.76%
Basic Earnings Per Share $2.18
Diluted Earnings Per Share $2.18
COMMON SHARES
Basic Shares Outstanding 43.10M shares
Diluted Shares Outstanding 43.20M shares

Balance Sheet

Concept 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $46.90M
YoY Change 330.28%
Cash & Equivalents $46.90M
Short-Term Investments
Other Short-Term Assets $112.1M
YoY Change 81.98%
Inventory $117.0M
Prepaid Expenses
Receivables $355.3M
Other Receivables $5.900M
Total Short-Term Assets $637.2M
YoY Change 17.64%
LONG-TERM ASSETS
Property, Plant & Equipment $10.50M
YoY Change 89.56%
Goodwill $946.0M
YoY Change 337.21%
Intangibles
YoY Change
Long-Term Investments $60.80M
YoY Change -2.25%
Other Assets $68.60M
YoY Change 377.98%
Total Long-Term Assets $4.544B
YoY Change 72.18%
TOTAL ASSETS
Total Short-Term Assets $637.2M
Total Long-Term Assets $4.544B
Total Assets $5.181B
YoY Change 62.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $160.1M
YoY Change -25.56%
Accrued Expenses $45.80M
YoY Change 53.18%
Deferred Revenue
YoY Change
Short-Term Debt $247.6M
YoY Change 587.78%
Long-Term Debt Due $80.00M
YoY Change
Total Short-Term Liabilities $853.7M
YoY Change 113.44%
LONG-TERM LIABILITIES
Long-Term Debt $1.736B
YoY Change 108.49%
Other Long-Term Liabilities $80.70M
YoY Change 75.12%
Total Long-Term Liabilities $979.1M
YoY Change 16.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $853.7M
Total Long-Term Liabilities $979.1M
Total Liabilities $1.833B
YoY Change 47.68%
SHAREHOLDERS EQUITY
Retained Earnings $539.2M
YoY Change 12.58%
Common Stock $43.30M
YoY Change 32.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.612B
YoY Change
Total Liabilities & Shareholders Equity $5.181B
YoY Change 62.89%

Cashflow Statement

Concept 2015 Q1
OPERATING ACTIVITIES
Net Income $94.40M
YoY Change 80.84%
Depreciation, Depletion And Amortization $32.40M
YoY Change 59.61%
Cash From Operating Activities $314.0M
YoY Change 98.11%
INVESTING ACTIVITIES
Capital Expenditures -$69.50M
YoY Change 106.85%
Acquisitions
YoY Change
Other Investing Activities -$8.400M
YoY Change -143.08%
Cash From Investing Activities -$77.90M
YoY Change 452.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -202.6M
YoY Change 20.52%
NET CHANGE
Cash From Operating Activities 314.0M
Cash From Investing Activities -77.90M
Cash From Financing Activities -202.6M
Net Change In Cash 33.50M
YoY Change -241.35%
FREE CASH FLOW
Cash From Operating Activities $314.0M
Capital Expenditures -$69.50M
Free Cash Flow $383.5M
YoY Change 99.64%

Facts In Submission

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us-gaap Increase Decrease In Recoverable Refundable Gas Costs
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14300000 USD
us-gaap Increase Decrease In Recoverable Refundable Gas Costs
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
CY2015Q1 us-gaap Interest Expense
InterestExpense
19100000 USD
us-gaap Interest Expense
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38300000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
19300000 USD
us-gaap Interest Expense
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38300000 USD
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16500000 USD
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CY2015Q3 us-gaap Long Term Debt Noncurrent
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1771500000 USD
CY2016Q1 us-gaap Long Term Debt Noncurrent
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1851600000 USD
us-gaap Long Term Purchase Commitment Amount
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1314600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Interest Expense Long Term Debt
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33700000 USD
CY2016Q1 us-gaap Interest Expense Long Term Debt
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16700000 USD
us-gaap Interest Expense Long Term Debt
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33600000 USD
CY2015Q1 us-gaap Interest Expense Other
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2600000 USD
us-gaap Interest Expense Other
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4600000 USD
CY2016Q1 us-gaap Interest Expense Other
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2600000 USD
us-gaap Interest Expense Other
InterestExpenseOther
4700000 USD
us-gaap Interest Paid
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36100000 USD
us-gaap Interest Paid
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36200000 USD
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14900000 USD
CY2015Q3 us-gaap Interest Payable Current
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14300000 USD
CY2016Q1 us-gaap Interest Payable Current
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14300000 USD
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5180700000 USD
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5290200000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
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5319800000 USD
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853700000 USD
CY2015Q3 us-gaap Liabilities Current
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853800000 USD
CY2016Q1 us-gaap Liabilities Current
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618800000 USD
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979100000 USD
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1091300000 USD
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1168000000 USD
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279900000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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243000000 USD
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94400000 USD
us-gaap Net Income Loss
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141500000 USD
CY2016Q1 us-gaap Net Income Loss
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100800000 USD
us-gaap Net Income Loss
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147700000 USD
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94100000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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141000000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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100500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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147200000 USD
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94100000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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141000000 USD
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100500000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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147200000 USD
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700000 USD
us-gaap Nonoperating Income Expense
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2100000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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500000 USD
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800000 USD
us-gaap Nonoperating Income Expense
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2200000 USD
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247600000 USD
CY2015Q3 us-gaap Notes Payable Current
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338000000 USD
CY2016Q1 us-gaap Notes Payable Current
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253600000 USD
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10700000 USD
CY2015Q3 us-gaap Notes Receivable Net
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11200000 USD
CY2016Q1 us-gaap Notes Receivable Net
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11100000 USD
us-gaap Number Of Reportable Segments
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2 reporting_unit
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157700000 USD
us-gaap Operating Income Loss
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245000000 USD
CY2016Q1 us-gaap Operating Income Loss
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167700000 USD
us-gaap Operating Income Loss
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254700000 USD
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68600000 USD
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75400000 USD
CY2016Q1 us-gaap Other Assets Noncurrent
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77300000 USD
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-100000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
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-6500000 USD
CY2016Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent
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1800000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2016Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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0 USD
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1700000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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us-gaap Payments For Proceeds From Previous Acquisition
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0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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400000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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1200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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300000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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-2300000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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-2200000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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600000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2016Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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0 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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200000 USD
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0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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0 USD
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100000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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0 USD
CY2015Q1 us-gaap Other Inventory Purchased Goods
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14300000 USD
CY2015Q3 us-gaap Other Inventory Purchased Goods
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14800000 USD
CY2016Q1 us-gaap Other Inventory Purchased Goods
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54700000 USD
CY2015Q3 us-gaap Other Liabilities Current
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32500000 USD
CY2016Q1 us-gaap Other Liabilities Current
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35500000 USD
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80700000 USD
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75500000 USD
us-gaap Other Operating Activities Cash Flow Statement
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4500000 USD
us-gaap Other Operating Activities Cash Flow Statement
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300000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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500000 USD
CY2016Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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300000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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500000 USD
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300000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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500000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
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500000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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400000 USD
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300000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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700000 USD
us-gaap Payments For Proceeds From Previous Acquisition
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8600000 USD
us-gaap Payments Of Dividends
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39200000 USD
us-gaap Payments Of Dividends
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41600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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129500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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121800000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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243900000 USD
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253400000 USD
CY2016Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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254800000 USD
CY2015Q1 us-gaap Prepaid Expense And Other Assets Current
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20000000 USD
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25300000 USD
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27600000 USD
us-gaap Proceeds From Issuance Of Common Stock
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2800000 USD
us-gaap Proceeds From Issuance Of Common Stock
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2100000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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80000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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1700000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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10500000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
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13700000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
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13800000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
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1213100000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
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1307000000 USD
CY2016Q1 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
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1286100000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Net
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2824700000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Net
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2927500000 USD
CY2016Q1 us-gaap Public Utilities Property Plant And Equipment Net
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2985200000 USD
CY2015Q1 us-gaap Public Utilities Property Plant And Equipment Transmission And Distribution
PublicUtilitiesPropertyPlantAndEquipmentTransmissionAndDistribution
4037800000 USD
CY2015Q3 us-gaap Public Utilities Property Plant And Equipment Transmission And Distribution
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4234500000 USD
CY2016Q1 us-gaap Public Utilities Property Plant And Equipment Transmission And Distribution
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4271300000 USD
CY2015Q1 us-gaap Regulated And Unregulated Operating Revenue
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us-gaap Regulated And Unregulated Operating Revenue
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CY2016Q1 us-gaap Regulated And Unregulated Operating Revenue
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609300000 USD
us-gaap Regulated And Unregulated Operating Revenue
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CY2015Q1 us-gaap Regulated Operating Revenue Gas
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611500000 USD
us-gaap Regulated Operating Revenue Gas
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1010300000 USD
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CY2015Q3 us-gaap Regulatory Assets
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CY2016Q1 us-gaap Regulatory Assets
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27600000 USD
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539200000 USD
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494200000 USD
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599400000 USD
CY2015Q1 us-gaap Revenues
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us-gaap Revenues
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1497000000 USD
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609300000 USD
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32400000 USD
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CY2015Q1 us-gaap Regulatory Liabilities
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CY2015Q3 us-gaap Regulatory Liabilities
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179900000 USD
CY2016Q1 us-gaap Regulatory Liabilities
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38500000 USD
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32400000 USD
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33800000 USD
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114300000 USD
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119300000 USD
CY2016Q1 us-gaap Regulatory Liability Noncurrent
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110700000 USD
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373100000 USD
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372400000 USD
CY2016Q1 us-gaap Remaining Amounts Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided
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367400000 USD
us-gaap Remaining Recovery Period Of Regulatory Assets For Which No Return On Investment During Recovery Period Is Provided1
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P15Y
us-gaap Repayments Of Long Term Debt
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34700000 USD
us-gaap Repayments Of Long Term Debt
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80000000 USD
us-gaap Repayments Of Short Term Debt
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39600000 USD
us-gaap Repayments Of Short Term Debt
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84400000 USD
us-gaap Revenues
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1008700000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
900000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
700000 USD
us-gaap Stock Issued During Period Value Other
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2900000 USD
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
3100000 USD
CY2014Q3 us-gaap Stockholders Equity
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1508400000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1573600000 USD
CY2016Q1 us-gaap Stockholders Equity
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1681400000 USD
CY2015Q1 us-gaap Taxes Payable Current
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85200000 USD
CY2015Q3 us-gaap Taxes Payable Current
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51700000 USD
CY2016Q1 us-gaap Taxes Payable Current
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36800000 USD
CY2015Q1 us-gaap Unbilled Receivables Current
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61700000 USD
CY2015Q3 us-gaap Unbilled Receivables Current
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2600000 USD
CY2016Q1 us-gaap Unbilled Receivables Current
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10100000 USD
CY2015Q1 us-gaap Unregulated Operating Revenue
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30400000 USD
us-gaap Unregulated Operating Revenue
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68600000 USD
CY2016Q1 us-gaap Unregulated Operating Revenue
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us-gaap Unregulated Operating Revenue
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CY2015Q1 us-gaap Utilities Operating Expense
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674500000 USD
us-gaap Utilities Operating Expense
UtilitiesOperatingExpense
1145900000 USD
CY2016Q1 us-gaap Utilities Operating Expense
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433100000 USD
us-gaap Utilities Operating Expense
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734900000 USD
CY2015Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
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32200000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
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64200000 USD
CY2016Q1 us-gaap Utilities Operating Expense Depreciation And Amortization
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33800000 USD
us-gaap Utilities Operating Expense Depreciation And Amortization
UtilitiesOperatingExpenseDepreciationAndAmortization
67300000 USD
CY2015Q1 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
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482800000 USD
us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
787100000 USD
CY2016Q1 us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
261100000 USD
us-gaap Utilities Operating Expense Gas And Petroleum Purchased
UtilitiesOperatingExpenseGasAndPetroleumPurchased
409600000 USD
CY2015Q1 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
103800000 USD
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses
200900000 USD
CY2016Q1 us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
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94300000 USD
us-gaap Utilities Operating Expense Maintenance Operations And Other Costs And Expenses
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185900000 USD
CY2015Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
55700000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
93700000 USD
CY2016Q1 us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
43900000 USD
us-gaap Utilities Operating Expense Taxes
UtilitiesOperatingExpenseTaxes
72100000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43200000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43500000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43100000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43100000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43300000 shares

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