2017 Q1 Form 10-Q Financial Statement

#000151470517000004 Filed on April 25, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $309.7M $311.1M
YoY Change -0.45% -3.98%
Cost Of Revenue $234.4M $239.0M
YoY Change -1.92% -6.09%
Gross Profit $42.20M $42.40M
YoY Change -0.47% 11.58%
Gross Profit Margin 13.63% 13.63%
Selling, General & Admin $19.60M $23.70M
YoY Change -17.3% 88.1%
% of Gross Profit 46.45% 55.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.30M $28.20M
YoY Change 18.09% 18.49%
% of Gross Profit 78.91% 66.51%
Operating Expenses $19.60M $23.70M
YoY Change -17.3% 88.1%
Operating Profit $22.60M $9.500M
YoY Change 137.89% -62.75%
Interest Expense $14.00M $14.00M
YoY Change 0.0% 0.72%
% of Operating Profit 61.95% 147.37%
Other Income/Expense, Net
YoY Change
Pretax Income $8.500M $15.90M
YoY Change -46.54% 622.73%
Income Tax $66.20M $3.300M
% Of Pretax Income 778.82% 20.75%
Net Earnings $1.000M -$4.100M
YoY Change -124.39% 2.5%
Net Earnings / Revenue 0.32% -1.32%
Basic Earnings Per Share $0.02 -$0.06
Diluted Earnings Per Share $0.02 -$0.06
COMMON SHARES
Basic Shares Outstanding 64.30M shares 64.10M shares
Diluted Shares Outstanding 65.10M shares 64.10M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $157.2M $101.8M
YoY Change 54.42% -38.45%
Cash & Equivalents $157.2M $101.8M
Short-Term Investments
Other Short-Term Assets $7.800M $8.700M
YoY Change -10.34% 26.09%
Inventory $111.1M $107.7M
Prepaid Expenses
Receivables $62.20M $71.60M
Other Receivables $5.700M $12.20M
Total Short-Term Assets $344.0M $302.8M
YoY Change 13.61% -25.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.523B $1.568B
YoY Change -2.83% 7.98%
Goodwill $76.90M $70.50M
YoY Change 9.08%
Intangibles $176.2M $187.5M
YoY Change -6.03%
Long-Term Investments $41.00M
YoY Change 88.94%
Other Assets $5.300M $10.10M
YoY Change -47.52% -48.73%
Total Long-Term Assets $1.782B $1.887B
YoY Change -5.58% 2.04%
TOTAL ASSETS
Total Short-Term Assets $344.0M $302.8M
Total Long-Term Assets $1.782B $1.887B
Total Assets $2.126B $2.190B
YoY Change -2.93% -2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $123.6M $89.60M
YoY Change 37.95% -10.58%
Accrued Expenses $40.90M $55.40M
YoY Change -26.17% 56.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $6.100M $1.100M
YoY Change 454.55% -94.66%
Total Short-Term Liabilities $182.9M $160.1M
YoY Change 14.24% -4.87%
LONG-TERM LIABILITIES
Long-Term Debt $847.0M $944.8M
YoY Change -10.35% 35.11%
Other Long-Term Liabilities $18.50M $18.60M
YoY Change -0.54% 13.41%
Total Long-Term Liabilities $865.5M $963.4M
YoY Change -10.16% 34.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $182.9M $160.1M
Total Long-Term Liabilities $865.5M $963.4M
Total Liabilities $1.555B $1.565B
YoY Change -0.68% 21.17%
SHAREHOLDERS EQUITY
Retained Earnings -$21.30M -$40.50M
YoY Change -47.41% -775.0%
Common Stock $700.0K $700.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $140.7M $140.7M
YoY Change 0.0% 12.56%
Treasury Stock Shares 7.478M shares 7.478M shares
Shareholders Equity $313.4M $287.4M
YoY Change
Total Liabilities & Shareholders Equity $2.126B $2.190B
YoY Change -2.93% 11.61%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $1.000M -$4.100M
YoY Change -124.39% 2.5%
Depreciation, Depletion And Amortization $33.30M $28.20M
YoY Change 18.09% 18.49%
Cash From Operating Activities $29.50M $29.40M
YoY Change 0.34% 164.86%
INVESTING ACTIVITIES
Capital Expenditures $12.70M $13.80M
YoY Change -7.97% 66.27%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$600.0K
YoY Change -100.0%
Cash From Investing Activities $7.900M -$5.300M
YoY Change -249.06% -36.14%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00
YoY Change -100.0%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $300.0K $32.90M
YoY Change -99.09% -77.99%
Cash From Financing Activities -14.20M -45.70M
YoY Change -68.93% -293.64%
NET CHANGE
Cash From Operating Activities 29.50M 29.40M
Cash From Investing Activities 7.900M -5.300M
Cash From Financing Activities -14.20M -45.70M
Net Change In Cash 23.20M -21.60M
YoY Change -207.41% -181.82%
FREE CASH FLOW
Cash From Operating Activities $29.50M $29.40M
Capital Expenditures $12.70M $13.80M
Free Cash Flow $16.80M $15.60M
YoY Change 7.69% 457.14%

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CY2017Q1 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
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0.020
CY2016Q4 us-gaap Long Term Debt
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CY2017Q1 us-gaap Long Term Debt
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CY2016Q4 us-gaap Long Term Debt Current
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4900000 USD
CY2017Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
6100000 USD
CY2016Q4 us-gaap Long Term Debt Fair Value
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854400000 USD
CY2017Q1 us-gaap Long Term Debt Fair Value
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CY2016Q4 us-gaap Long Term Debt Noncurrent
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847000000 USD
CY2016Q4 us-gaap Minority Interest
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328800000 USD
CY2017Q1 us-gaap Minority Interest
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257800000 USD
CY2017Q1 dei Entity Registrant Name
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SunCoke Energy, Inc.
CY2016Q4 sxc Accrual For Black Lung Benefits
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45400000 USD
CY2017Q1 sxc Accrual For Black Lung Benefits
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45800000 USD
CY2016Q4 sxc Accrued Other Taxes Payable
AccruedOtherTaxesPayable
10400000 USD
CY2017Q1 sxc Accrued Other Taxes Payable
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12200000 USD
CY2016Q1 sxc Adjusted Ebitda
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43800000 USD
CY2017Q1 sxc Adjusted Ebitda
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55600000 USD
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23500000 USD
CY2017Q1 sxc Adjusted Ebitda Excluding Portion Attributableto Noncontrolling Interests
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34000000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
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CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
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0 USD
CY2016Q1 us-gaap Proceeds From Income Tax Refunds
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0 USD
CY2017Q1 us-gaap Proceeds From Income Tax Refunds
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100000 USD
CY2016Q1 us-gaap Proceeds From Lines Of Credit
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20000000 USD
CY2017Q1 us-gaap Proceeds From Lines Of Credit
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10000000 USD
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
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-500000 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
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-300000 USD
CY2016Q1 us-gaap Profit Loss
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12600000 USD
CY2017Q1 us-gaap Profit Loss
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CY2016Q4 us-gaap Property Plant And Equipment Net
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1542600000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
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1523300000 USD
CY2016Q1 us-gaap Repayments Of Lines Of Credit
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20000000 USD
CY2017Q1 us-gaap Repayments Of Lines Of Credit
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10000000 USD
CY2016Q1 us-gaap Repayments Of Long Term Debt
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32900000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
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300000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
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-22000000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
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-21300000 USD
CY2016Q1 us-gaap Revenues
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311100000 USD
CY2017Q1 us-gaap Revenues
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309700000 USD
CY2016Q1 us-gaap Sales Revenue Net
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311100000 USD
CY2017Q1 us-gaap Sales Revenue Net
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309700000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
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23700000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
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19700000 USD
CY2016Q1 us-gaap Share Based Compensation
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1700000 USD
CY2017Q1 us-gaap Share Based Compensation
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1600000 USD
CY2016Q4 us-gaap Stockholders Equity
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311100000 USD
CY2017Q1 us-gaap Stockholders Equity
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313400000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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639900000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
571200000 USD
CY2016Q4 us-gaap Taxes Payable Current
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0 USD
CY2017Q1 us-gaap Taxes Payable Current
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0 USD
CY2016Q4 us-gaap Treasury Stock Shares
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7477657 shares
CY2017Q1 us-gaap Treasury Stock Shares
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7477657 shares
CY2016Q4 us-gaap Treasury Stock Value
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140700000 USD
CY2017Q1 us-gaap Treasury Stock Value
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140700000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11400000 USD
CY2017Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10900000 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64100000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65100000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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64100000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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64300000 shares
CY2017Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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12400000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-45700000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-14200000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-5300000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
7900000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
29400000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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29500000 USD
CY2016Q1 us-gaap Net Income Loss
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-4100000 USD
CY2017Q1 us-gaap Net Income Loss
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1000000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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16700000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-58700000 USD
CY2017Q1 us-gaap Number Of Reportable Segments
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3 segment
CY2016Q1 us-gaap Operating Income Loss
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9500000 USD
CY2017Q1 us-gaap Operating Income Loss
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22300000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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5500000 USD
CY2017Q1 us-gaap Other Accrued Liabilities Current
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3800000 USD
CY2016Q4 us-gaap Other Assets Current
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3800000 USD
CY2017Q1 us-gaap Other Assets Current
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7800000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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6300000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
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5300000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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400000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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100000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
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18500000 USD
CY2016Q4 us-gaap Other Long Term Investments
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0 USD
CY2017Q1 us-gaap Other Long Term Investments
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0 USD
CY2016Q1 us-gaap Other Operating Activities Cash Flow Statement
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-4600000 USD
CY2017Q1 us-gaap Other Operating Activities Cash Flow Statement
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-2800000 USD
CY2016Q1 us-gaap Payments For Proceeds From Investments
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0 USD
CY2017Q1 us-gaap Payments For Proceeds From Investments
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-20500000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
100000 USD
CY2016Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28200000 USD
CY2017Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
33300000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19000000 USD
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-600000 USD
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2016Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
600000 USD
CY2016Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12300000 USD
CY2017Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12400000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13800000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12700000 USD
CY2016Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
3300000 USD
CY2017Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
3300000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
4800000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
4800000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
29000000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
28300000 USD
CY2017Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the prior period consolidated financial statements have been reclassified to conform to the current year presentation.</font></div></div>

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