2015 Form 10-K Financial Statement
#000114036116054747 Filed on February 25, 2016
Income Statement
| Concept | 2015 | 2014 Q4 | 2014 |
|---|---|---|---|
| Revenue | $1.510B | $400.0M | $1.737B |
| YoY Change | -13.07% | -8.26% | -9.63% |
| Cost Of Revenue | $1.491B | $346.0M | $1.530B |
| YoY Change | -2.55% | -9.42% | -188.34% |
| Gross Profit | $19.00M | $54.00M | $207.0M |
| YoY Change | -90.82% | 0.0% | 8.95% |
| Gross Profit Margin | 1.26% | 13.5% | 11.92% |
| Selling, General & Admin | $159.0M | $54.00M | $192.0M |
| YoY Change | -17.19% | 8.0% | -202.67% |
| % of Gross Profit | 836.84% | 100.0% | 92.75% |
| Research & Development | $11.00M | ||
| YoY Change | |||
| % of Gross Profit | 57.89% | ||
| Depreciation & Amortization | $253.0M | $70.00M | $295.0M |
| YoY Change | -14.24% | -26.32% | -11.41% |
| % of Gross Profit | 1331.58% | 129.63% | 142.51% |
| Operating Expenses | $199.0M | $54.00M | $192.0M |
| YoY Change | 3.65% | 8.0% | -208.47% |
| Operating Profit | -$180.0M | $0.00 | $15.00M |
| YoY Change | -1300.0% | -100.0% | 400.0% |
| Interest Expense | -$132.0M | -$27.00M | -$113.0M |
| YoY Change | 16.81% | -1000.0% | 43.04% |
| % of Operating Profit | -753.33% | ||
| Other Income/Expense, Net | -$16.00M | $10.00M | -$2.000M |
| YoY Change | 700.0% | -23.08% | -103.03% |
| Pretax Income | -$349.0M | -$22.00M | -$149.0M |
| YoY Change | 134.23% | -237.5% | 144.26% |
| Income Tax | $23.00M | $253.0M | $268.0M |
| % Of Pretax Income | |||
| Net Earnings | -$329.0M | -$276.0M | -$427.0M |
| YoY Change | -22.95% | 3842.86% | 238.89% |
| Net Earnings / Revenue | -21.79% | -69.0% | -24.58% |
| Basic Earnings Per Share | -$2.75 | -$3.74 | |
| Diluted Earnings Per Share | -$2.846M | -$2.400M | -$3.74 |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2015 | 2014 Q4 | 2014 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $229.0M | $1.279B | $1.279B |
| YoY Change | -82.1% | -13.46% | -13.46% |
| Cash & Equivalents | $229.0M | $1.279B | $1.279B |
| Short-Term Investments | |||
| Other Short-Term Assets | $51.00M | $55.00M | $55.00M |
| YoY Change | -7.27% | -95.32% | -49.07% |
| Inventory | $630.0M | $770.0M | $770.0M |
| Prepaid Expenses | |||
| Receivables | $366.0M | $271.0M | $271.0M |
| Other Receivables | $25.00M | $6.000M | $6.000M |
| Total Short-Term Assets | $1.301B | $2.381B | $2.381B |
| YoY Change | -45.36% | -10.25% | -10.25% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.447B | $1.227B | $2.285B |
| YoY Change | 50.85% | -2.46% | -7.64% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $35.00M | $127.0M | $127.0M |
| YoY Change | -72.44% | 58.75% | -53.31% |
| Total Long-Term Assets | $3.726B | $2.684B | $2.684B |
| YoY Change | 38.82% | -11.88% | -11.88% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.301B | $2.381B | $2.381B |
| Total Long-Term Assets | $3.726B | $2.684B | $2.684B |
| Total Assets | $5.027B | $5.065B | $5.065B |
| YoY Change | -0.75% | -11.12% | -11.12% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $159.0M | $160.0M | $160.0M |
| YoY Change | -0.63% | -2.44% | -2.44% |
| Accrued Expenses | $180.0M | $147.0M | $147.0M |
| YoY Change | 22.45% | 0.68% | 0.68% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $150.0M | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $16.00M | $18.00M | $18.00M |
| YoY Change | -11.11% | 0.0% | 0.0% |
| Total Short-Term Liabilities | $548.0M | $366.0M | $366.0M |
| YoY Change | 49.73% | 0.83% | 0.83% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $2.910B | $2.375B | $2.375B |
| YoY Change | 22.53% | -0.84% | -0.84% |
| Other Long-Term Liabilities | $316.0M | $332.0M | $332.0M |
| YoY Change | -4.82% | 435.48% | 10.67% |
| Total Long-Term Liabilities | $3.226B | $2.707B | $2.707B |
| YoY Change | 19.17% | 10.18% | 0.45% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $548.0M | $366.0M | $366.0M |
| Total Long-Term Liabilities | $3.226B | $2.707B | $2.707B |
| Total Liabilities | $4.029B | $3.455B | $3.455B |
| YoY Change | 16.61% | 5.92% | -0.17% |
| 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 | $998.0M | $1.610B | $1.610B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.027B | $5.065B | $5.065B |
| YoY Change | -0.75% | -11.12% | -11.12% |
Cashflow Statement
| Concept | 2015 | 2014 Q4 | 2014 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$329.0M | -$276.0M | -$427.0M |
| YoY Change | -22.95% | 3842.86% | 238.89% |
| Depreciation, Depletion And Amortization | $253.0M | $70.00M | $295.0M |
| YoY Change | -14.24% | -26.32% | -11.41% |
| Cash From Operating Activities | $217.0M | $52.00M | $141.0M |
| YoY Change | 53.9% | -59.06% | -58.16% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$165.0M | -$81.00M | -$187.0M |
| YoY Change | -11.76% | 19.12% | 13.33% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$1.675B | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| Cash From Investing Activities | -$1.840B | -$81.00M | -$187.0M |
| YoY Change | 883.96% | 20.9% | 9.36% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 602.0M | -32.00M | -132.0M |
| YoY Change | -556.06% | 0.0% | -121.5% |
| NET CHANGE | |||
| Cash From Operating Activities | 217.0M | 52.00M | 141.0M |
| Cash From Investing Activities | -1.840B | -81.00M | -187.0M |
| Cash From Financing Activities | 602.0M | -32.00M | -132.0M |
| Net Change In Cash | -1.021B | -61.00M | -178.0M |
| YoY Change | 473.6% | -317.86% | -122.82% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $217.0M | $52.00M | $141.0M |
| Capital Expenditures | -$165.0M | -$81.00M | -$187.0M |
| Free Cash Flow | $382.0M | $133.0M | $328.0M |
| YoY Change | 16.46% | -31.79% | -34.66% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
|
9000000 | |
| CY2013 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
|
0 | |
| CY2015 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
|
0 | |
| CY2015 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.75 | |
| CY2013 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.11 | |
| CY2014 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.74 | |
| CY2015Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
106000000 | |
| CY2014Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
118000000 | |
| CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1843000000 | |
| CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1227000000 | |
| CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
150000000 | |
| CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
0 | |
| CY2015 | trox |
Debt Instrument Description Of Interest Rate
DebtInstrumentDescriptionOfInterestRate
|
Variable | |
| CY2014 | trox |
Percentage Of Undistributed Income Allocated To Common Stock Holders
PercentageOfUndistributedIncomeAllocatedToCommonStockHolders
|
1 | |
| CY2015 | trox |
Percentage Of Undistributed Income Allocated To Common Stock Holders
PercentageOfUndistributedIncomeAllocatedToCommonStockHolders
|
1 | |
| CY2013 | trox |
Percentage Of Undistributed Income Allocated To Common Stock Holders
PercentageOfUndistributedIncomeAllocatedToCommonStockHolders
|
1 |
