2014 Q3 Form 10-Q Financial Statement

#000110465914057215 Filed on August 06, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q4
Revenue $42.36M $41.68M $37.42M
YoY Change 22.27% 30.9% 39.22%
Cost Of Revenue $7.700M $8.600M $6.800M
YoY Change 22.22% 53.57% 61.9%
Gross Profit $34.70M $33.10M $30.60M
YoY Change 22.61% 25.86% 39.09%
Gross Profit Margin 81.92% 79.41% 81.78%
Selling, General & Admin $5.700M $8.300M $4.500M
YoY Change 29.55% 84.44% -2.17%
% of Gross Profit 16.43% 25.08% 14.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.00M $20.70M $21.10M
YoY Change 25.71% 26.22% 40.67%
% of Gross Profit 63.4% 62.54% 68.95%
Operating Expenses $27.90M $29.20M $23.40M
YoY Change 28.57% 40.38% 22.51%
Operating Profit $6.800M $3.900M $7.200M
YoY Change 3.03% -29.09% 148.28%
Interest Expense $6.462M $5.813M -$5.400M
YoY Change 20.34% 19.95% 25.58%
% of Operating Profit 95.03% 149.05% -75.0%
Other Income/Expense, Net -$4.355M -$5.809M
YoY Change -18.86% 19.28%
Pretax Income $300.0K -$2.700M $1.100M
YoY Change 0.0% 285.71% -134.38%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $341.0K -$2.356M $2.098M
YoY Change -115.88% -1461.85% -162.22%
Net Earnings / Revenue 0.81% -5.65% 5.61%
Basic Earnings Per Share
Diluted Earnings Per Share $4.161K -$45.37K $111.1K
COMMON SHARES
Basic Shares Outstanding 55.27M shares 53.73M shares 44.16M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.300M $6.000M $6.700M
YoY Change -77.82% -69.7% -64.74%
Cash & Equivalents $5.290M $6.031M $6.690M
Short-Term Investments
Other Short-Term Assets $21.70M $4.700M $16.50M
YoY Change 502.78% 42.42% 931.25%
Inventory
Prepaid Expenses
Receivables $15.40M $14.40M $13.80M
Other Receivables $100.0K $100.0K $200.0K
Total Short-Term Assets $42.50M $25.20M $37.20M
YoY Change 4.68% -26.53% 20.78%
LONG-TERM ASSETS
Property, Plant & Equipment $1.214B $1.088B $1.007B
YoY Change 28.86% 22.88% 30.81%
Goodwill $4.923M $4.923M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.700M $12.80M $6.800M
YoY Change -45.08% -14.09% -33.33%
Total Long-Term Assets $1.459B $1.325B $1.233B
YoY Change 24.39% 18.86% 26.56%
TOTAL ASSETS
Total Short-Term Assets $42.50M $25.20M $37.20M
Total Long-Term Assets $1.459B $1.325B $1.233B
Total Assets $1.501B $1.350B $1.270B
YoY Change 23.73% 17.5% 26.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.30M $17.40M $18.60M
YoY Change 50.0% 34.88% 53.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.90M $33.40M $32.70M
YoY Change -86.78% -87.27% -88.25%
LONG-TERM LIABILITIES
Long-Term Debt $678.2M $558.8M $556.1M
YoY Change 199.16% 145.2% 141.89%
Other Long-Term Liabilities $7.800M $8.000M $6.900M
YoY Change 11.43% 12.68% -6.76%
Total Long-Term Liabilities $686.0M $566.8M $563.0M
YoY Change 193.54% 141.19% 137.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.90M $33.40M $32.70M
Total Long-Term Liabilities $686.0M $566.8M $563.0M
Total Liabilities $753.1M $600.3M $595.7M
YoY Change 38.67% 20.72% 15.52%
SHAREHOLDERS EQUITY
Retained Earnings -$155.9M -$116.9M
YoY Change 72.47% 91.53%
Common Stock $744.8M $577.5M
YoY Change 176392.65% 37.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $747.9M $728.4M $603.0M
YoY Change
Total Liabilities & Shareholders Equity $1.501B $1.350B $1.270B
YoY Change 23.73% 17.51% 26.38%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q4
OPERATING ACTIVITIES
Net Income $341.0K -$2.356M $2.098M
YoY Change -115.88% -1461.85% -162.22%
Depreciation, Depletion And Amortization $22.00M $20.70M $21.10M
YoY Change 25.71% 26.22% 40.67%
Cash From Operating Activities $25.60M $26.30M $27.50M
YoY Change 19.07% 24.64% 54.49%
INVESTING ACTIVITIES
Capital Expenditures -$172.8M -$82.60M -$99.50M
YoY Change 116.54% -15.37% -53.07%
Acquisitions
YoY Change
Other Investing Activities $5.200M $800.0K $9.100M
YoY Change -5300.0% -84.0% 49.18%
Cash From Investing Activities -$167.6M -$81.80M -$90.30M
YoY Change 109.76% -11.76% -56.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 141.3M 32.80M 45.60M
YoY Change 125.72% -58.64% -76.78%
NET CHANGE
Cash From Operating Activities 25.60M 26.30M 27.50M
Cash From Investing Activities -167.6M -81.80M -90.30M
Cash From Financing Activities 141.3M 32.80M 45.60M
Net Change In Cash -700.0K -22.70M -17.20M
YoY Change -116.67% -394.81% -307.23%
FREE CASH FLOW
Cash From Operating Activities $25.60M $26.30M $27.50M
Capital Expenditures -$172.8M -$82.60M -$99.50M
Free Cash Flow $198.4M $108.9M $127.0M
YoY Change 95.85% -8.26% -44.73%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Registrant Name
EntityRegistrantName
STAG Industrial, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001479094
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
55274255 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
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Land
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RepaymentsOfLinesOfCredit
96500000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
50000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2208000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1386000 USD
stag Payment Of Cash Distribution To Members
PaymentOfCashDistributionToMembers
39349000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
119365000 USD
stag Payments Of Offering Costs
PaymentsOfOfferingCosts
1944000 USD
stag Gain Loss On Disposition Of Real Estate
GainLossOnDispositionOfRealEstate
50000 USD
CY2014Q2 stag Number Of Interest Rate Derivatives Held In Asset Position After Adjustment For Nonperformance Risk
NumberOfInterestRateDerivativesHeldInAssetPositionAfterAdjustmentForNonperformanceRisk
9 item
CY2014Q2 stag Number Of Interest Rate Derivatives Held In Liability Position After Adjustment For Nonperformance Risk
NumberOfInterestRateDerivativesHeldInLiabilityPositionAfterAdjustmentForNonperformanceRisk
2 item

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stag-20140630.xml Edgar Link completed
stag-20140630.xsd Edgar Link pending
stag-20140630_cal.xml Edgar Link unprocessable
stag-20140630_def.xml Edgar Link unprocessable
stag-20140630_lab.xml Edgar Link unprocessable
stag-20140630_pre.xml Edgar Link unprocessable