2023 Q4 Form 10-Q Financial Statement

#000151470523000017 Filed on November 01, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $520.6M $520.4M
YoY Change 1.28% 0.7%
Cost Of Revenue $443.4M $436.1M
YoY Change 0.38% 5.49%
Gross Profit $77.20M $84.30M
YoY Change 6.78% -18.47%
Gross Profit Margin 14.83% 16.2%
Selling, General & Admin $15.40M $19.10M
YoY Change 14.07% -4.98%
% of Gross Profit 19.95% 22.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.60M $35.50M
YoY Change -0.56% -0.56%
% of Gross Profit 46.11% 42.11%
Operating Expenses $51.00M $19.10M
YoY Change 3.45% -4.98%
Operating Profit $26.20M $29.70M
YoY Change 13.91% -37.61%
Interest Expense -$6.300M $6.600M
YoY Change -18.18% -17.5%
% of Operating Profit -24.05% 22.22%
Other Income/Expense, Net $9.200M
YoY Change
Pretax Income $19.90M $23.10M
YoY Change 30.07% -41.67%
Income Tax $4.600M $14.60M
% Of Pretax Income 23.12% 63.2%
Net Earnings $13.80M $7.000M
YoY Change 16.95% -83.09%
Net Earnings / Revenue 2.65% 1.35%
Basic Earnings Per Share $0.08
Diluted Earnings Per Share $0.16 $0.08
COMMON SHARES
Basic Shares Outstanding 83.76M shares 83.76M shares
Diluted Shares Outstanding 85.10M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $140.1M $125.9M
YoY Change 55.67% 112.31%
Cash & Equivalents $140.1M $125.9M
Short-Term Investments
Other Short-Term Assets $4.400M $7.100M
YoY Change 10.0% 10.94%
Inventory $182.6M $206.8M
Prepaid Expenses
Receivables $88.30M $81.50M
Other Receivables $1.400M $0.00
Total Short-Term Assets $416.8M $421.3M
YoY Change 11.44% 8.22%
LONG-TERM ASSETS
Property, Plant & Equipment $1.191B $1.205B
YoY Change -3.11% -2.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.40M $20.90M
YoY Change 18.23% 16.76%
Total Long-Term Assets $1.244B $1.258B
YoY Change -2.89% -2.53%
TOTAL ASSETS
Total Short-Term Assets $416.8M $421.3M
Total Long-Term Assets $1.244B $1.258B
Total Assets $1.660B $1.679B
YoY Change 0.35% -0.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $172.1M $182.3M
YoY Change 8.04% 19.15%
Accrued Expenses $51.70M $54.90M
YoY Change -15.8% -0.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $6.300M
YoY Change -100.0% 90.91%
Total Short-Term Liabilities $223.8M $250.9M
YoY Change -0.09% 14.1%
LONG-TERM LIABILITIES
Long-Term Debt $490.3M $489.8M
YoY Change -7.3% -12.72%
Other Long-Term Liabilities $110.0M $25.40M
YoY Change 345.34% 9.96%
Total Long-Term Liabilities $600.3M $515.2M
YoY Change 8.44% -11.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $223.8M $250.9M
Total Long-Term Liabilities $600.3M $515.2M
Total Liabilities $1.046B $1.037B
YoY Change 1.39% -2.88%
SHAREHOLDERS EQUITY
Retained Earnings $80.20M $75.00M
YoY Change 49.91% 54.64%
Common Stock $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $614.2M $608.3M
YoY Change
Total Liabilities & Shareholders Equity $1.660B $1.679B
YoY Change 0.35% -0.04%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $13.80M $7.000M
YoY Change 16.95% -83.09%
Depreciation, Depletion And Amortization $35.60M $35.50M
YoY Change -0.56% -0.56%
Cash From Operating Activities $56.40M $93.70M
YoY Change -36.13% 72.24%
INVESTING ACTIVITIES
Capital Expenditures $24.70M $34.10M
YoY Change 24.75% 57.14%
Acquisitions
YoY Change
Other Investing Activities $900.0K -$1.300M
YoY Change -47.06% -136.11%
Cash From Investing Activities -$23.80M -$35.40M
YoY Change 31.49% 95.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.40M -10.60M
YoY Change -53.42% -73.76%
NET CHANGE
Cash From Operating Activities 56.40M 93.70M
Cash From Investing Activities -23.80M -35.40M
Cash From Financing Activities -18.40M -10.60M
Net Change In Cash 14.20M 47.70M
YoY Change -53.75% -1263.41%
FREE CASH FLOW
Cash From Operating Activities $56.40M $93.70M
Capital Expenditures $24.70M $34.10M
Free Cash Flow $31.70M $59.60M
YoY Change -53.72% 82.26%

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AdjustedEBITDA
74600000 usd
CY2022Q3 sxc Adjusted Ebitda
AdjustedEBITDA
92800000 usd
sxc Adjusted Ebitda
AdjustedEBITDA
233100000 usd
sxc Adjusted Ebitda
AdjustedEBITDA
266300000 usd
CY2023Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
35500000 usd
CY2022Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
35700000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
107200000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
106700000 usd
CY2023Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34100000 usd
CY2022Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21700000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
84500000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
55700000 usd
CY2023Q3 us-gaap Assets
Assets
1679200000 usd
CY2022Q4 us-gaap Assets
Assets
1654600000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
8500000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
42500000 usd
us-gaap Profit Loss
ProfitLoss
48200000 usd
us-gaap Profit Loss
ProfitLoss
92100000 usd
CY2023Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
35500000 usd
CY2022Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
35700000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
107200000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
106700000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
6600000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
8000000.0 usd
us-gaap Interest Expense
InterestExpense
21000000.0 usd
us-gaap Interest Expense
InterestExpense
24300000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14600000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2900000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29700000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14300000 usd
CY2023Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
200000 usd
CY2022Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
400000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1400000 usd
CY2023Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9200000 usd
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9100000 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
26600000 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
27500000 usd
CY2023Q3 sxc Adjusted Ebitda
AdjustedEBITDA
74600000 usd
CY2022Q3 sxc Adjusted Ebitda
AdjustedEBITDA
92800000 usd
sxc Adjusted Ebitda
AdjustedEBITDA
233100000 usd
sxc Adjusted Ebitda
AdjustedEBITDA
266300000 usd

Files In Submission

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0001514705-23-000017.txt Edgar Link pending
0001514705-23-000017-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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sxc-20230930.htm Edgar Link pending
sxc-20230930.xsd Edgar Link pending
sxcex22110-q2023q3.htm Edgar Link pending
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sxc-20230930_htm.xml Edgar Link completed