2010 Q4 Form 10-K Financial Statement
#000119312512074271 Filed on February 23, 2012
Income Statement
| Concept | 2010 Q4 | 2009 |
|---|---|---|
| Revenue | $252.6M | $709.9M |
| YoY Change | 42.47% | -47.73% |
| Cost Of Revenue | $175.1M | $331.8M |
| YoY Change | 41.44% | -44.18% |
| Gross Profit | $77.05M | $378.1M |
| YoY Change | 43.74% | -50.49% |
| Gross Profit Margin | 30.5% | 53.26% |
| Selling, General & Admin | $6.800M | $24.00M |
| YoY Change | -1.45% | -5.51% |
| % of Gross Profit | 8.83% | 6.35% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $62.20M | $177.2M |
| YoY Change | 53.2% | -27.64% |
| % of Gross Profit | 80.73% | 46.87% |
| Operating Expenses | $6.800M | $184.1M |
| YoY Change | -1.45% | -27.75% |
| Operating Profit | $70.25M | -$70.25M |
| YoY Change | 50.42% | -113.8% |
| Interest Expense | $0.00 | -$500.0K |
| YoY Change | -61.54% | |
| % of Operating Profit | 0.0% | |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $70.70M | -$87.70M |
| YoY Change | 51.72% | -138.87% |
| Income Tax | $27.00M | -$32.20M |
| % Of Pretax Income | 38.19% | |
| Net Earnings | $43.70M | -$55.50M |
| YoY Change | 53.33% | -138.65% |
| Net Earnings / Revenue | 17.3% | -7.82% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $0.92 | -$1.18 |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2010 Q4 | 2009 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.400M | $1.100M |
| YoY Change | 27.27% | 83.33% |
| Cash & Equivalents | $1.359M | $1.100M |
| Short-Term Investments | ||
| Other Short-Term Assets | $25.10M | $30.40M |
| YoY Change | -17.43% | -57.72% |
| Inventory | $6.300M | $6.900M |
| Prepaid Expenses | ||
| Receivables | $130.1M | $74.40M |
| Other Receivables | $25.30M | $15.20M |
| Total Short-Term Assets | $188.2M | $128.1M |
| YoY Change | 46.92% | -55.3% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.400B | $2.014B |
| YoY Change | 19.18% | -8.54% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $15.50M | $18.30M |
| YoY Change | -15.3% | -14.49% |
| Total Long-Term Assets | $2.481B | $2.100B |
| YoY Change | 18.13% | -8.5% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $188.2M | $128.1M |
| Total Long-Term Assets | $2.481B | $2.100B |
| Total Assets | $2.669B | $2.228B |
| YoY Change | 19.78% | -13.69% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $89.90M | $55.90M |
| YoY Change | 60.82% | -56.93% |
| Accrued Expenses | $30.10M | $34.60M |
| YoY Change | -13.01% | -33.08% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $147.1M | $105.1M |
| YoY Change | 39.96% | -46.49% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $163.0M | $30.00M |
| YoY Change | 443.33% | -84.96% |
| Other Long-Term Liabilities | $92.40M | $81.10M |
| YoY Change | 13.93% | 6.99% |
| Total Long-Term Liabilities | $255.4M | $111.1M |
| YoY Change | 129.88% | -59.64% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $147.1M | $105.1M |
| Total Long-Term Liabilities | $255.4M | $111.1M |
| Total Liabilities | $958.6M | $662.6M |
| YoY Change | 44.67% | -30.16% |
| 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 | $1.711B | $1.566B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.669B | $2.228B |
| YoY Change | 19.78% | -13.69% |
Cashflow Statement
| Concept | 2010 Q4 | 2009 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $43.70M | -$55.50M |
| YoY Change | 53.33% | -138.65% |
| Depreciation, Depletion And Amortization | $62.20M | $177.2M |
| YoY Change | 53.2% | -27.64% |
| Cash From Operating Activities | $106.2M | $490.5M |
| YoY Change | 56.41% | -28.9% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $240.5M | $316.7M |
| YoY Change | 241.62% | -60.81% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $98.00M | $44.70M |
| YoY Change | 3166.67% | 2135.0% |
| Cash From Investing Activities | -$142.5M | -$271.9M |
| YoY Change | 111.74% | -66.27% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 36.50M | -218.0M |
| YoY Change | -6183.33% | -288.42% |
| NET CHANGE | ||
| Cash From Operating Activities | 106.2M | 490.5M |
| Cash From Investing Activities | -142.5M | -271.9M |
| Cash From Financing Activities | 36.50M | -218.0M |
| Net Change In Cash | 200.0K | 600.0K |
| YoY Change | -2174666985317528.0% | -220.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $106.2M | $490.5M |
| Capital Expenditures | $240.5M | $316.7M |
| Free Cash Flow | -$134.3M | $173.8M |
| YoY Change | 5272.0% | -246.91% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011Q4 | us-gaap |
Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
|
17026000 | |
| CY2009 | unt |
Oil And Natural Gas Operating Income Loss
OilAndNaturalGasOperatingIncomeLoss
|
125777000 | |
| CY2009 | unt |
Total Identifiable Assets
TotalIdentifiableAssets
|
2184297000 | |
| CY2010 | unt |
Total Identifiable Assets
TotalIdentifiableAssets
|
2617051000 | |
| CY2011 | unt |
Total Identifiable Assets
TotalIdentifiableAssets
|
3186921000 | |
| CY2011 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
15068000 | |
| CY2010 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
5919000 | |
| CY2011 | us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
9284000 | |
| CY2011 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
2965000 | |
| CY2010 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
|
700000 | |
| CY2011 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Net
DerivativeInstrumentsGainLossRecognizedInIncomeNet
|
2749000 | |
| CY2011 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
19026000 | |
| CY2011Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.08 | |
| CY2010Q4 | us-gaap |
Gross Profit
GrossProfit
|
77046000 | |
| CY2011Q4 | us-gaap |
Gross Profit
GrossProfit
|
94745000 | |
| CY2009 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
281241000 | |
| CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-70252000 | |
| CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
253235000 | |
| CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
354058000 |
