2013 Q4 Form 10-K Financial Statement
#000139600914000006 Filed on February 26, 2014
Income Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| Revenue | $680.2M | $813.6M | $738.7M |
| YoY Change | 11.8% | 11.63% | 6.42% |
| Cost Of Revenue | $562.9M | $654.6M | $605.8M |
| YoY Change | 6.37% | 8.75% | 2.99% |
| Gross Profit | $117.3M | $159.0M | $132.9M |
| YoY Change | 48.09% | 25.27% | 25.45% |
| Gross Profit Margin | 17.24% | 19.54% | 17.99% |
| Selling, General & Admin | $64.00M | $65.90M | $64.90M |
| YoY Change | -4.33% | 0.7% | 4.85% |
| % of Gross Profit | 54.56% | 41.45% | 48.83% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $76.20M | $78.30M | $77.00M |
| YoY Change | -3.05% | -6.91% | -8.44% |
| % of Gross Profit | 64.96% | 49.25% | 57.94% |
| Operating Expenses | $65.90M | $68.60M | $69.50M |
| YoY Change | -5.72% | 4.83% | 10.67% |
| Operating Profit | $53.83M | $99.77M | $86.87M |
| YoY Change | -3.07% | 78.58% | 341.8% |
| Interest Expense | -$48.90M | -$49.10M | -$50.90M |
| YoY Change | -7.56% | -192.57% | -5.21% |
| % of Operating Profit | -90.84% | -49.21% | -58.6% |
| Other Income/Expense, Net | $2.600M | $2.300M | $300.0K |
| YoY Change | 4.0% | 27.35% | -142.86% |
| Pretax Income | $7.500M | $52.90M | $36.30M |
| YoY Change | 47.06% | 1042.8% | -204.61% |
| Income Tax | -$2.600M | $10.80M | $6.200M |
| % Of Pretax Income | -34.67% | 20.42% | 17.08% |
| Net Earnings | $9.083M | $41.36M | $28.77M |
| YoY Change | 160.78% | 190.06% | -257.37% |
| Net Earnings / Revenue | 1.34% | 5.08% | 3.89% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $69.04K | $315.3K | $219.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $194.0M | $246.0M | $87.00M |
| YoY Change | -29.45% | 1.23% | -44.94% |
| Cash & Equivalents | $194.0M | $246.0M | $87.00M |
| Short-Term Investments | |||
| Other Short-Term Assets | $74.00M | $82.00M | $79.00M |
| YoY Change | -5.13% | 15.49% | 16.18% |
| Inventory | $345.0M | $328.0M | $340.0M |
| Prepaid Expenses | |||
| Receivables | $323.0M | $445.0M | $405.0M |
| Other Receivables | $17.00M | $0.00 | $0.00 |
| Total Short-Term Assets | $951.0M | $1.101B | $912.0M |
| YoY Change | -3.45% | 4.93% | -4.1% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $3.312B | $3.214B | $3.211B |
| YoY Change | 4.84% | 0.03% | -2.07% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $42.00M | $43.00M | $43.00M |
| YoY Change | 82.89% | 2.38% | 48.28% |
| Other Assets | $174.0M | $172.0M | $170.0M |
| YoY Change | 8.0% | 21.59% | 21.43% |
| Total Long-Term Assets | $7.308B | $7.209B | $7.208B |
| YoY Change | 2.33% | 0.45% | -0.29% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $951.0M | $1.101B | $912.0M |
| Total Long-Term Assets | $7.308B | $7.209B | $7.208B |
| Total Assets | $8.259B | $8.310B | $8.120B |
| YoY Change | 1.63% | 1.02% | -0.73% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $139.0M | $154.0M | $128.0M |
| YoY Change | 23.01% | 15.79% | -25.58% |
| Accrued Expenses | $160.0M | ||
| YoY Change | -6.98% | ||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $100.0M |
| YoY Change | |||
| Long-Term Debt Due | $170.0K | $163.0K | $0.00 |
| YoY Change | -99.89% | -99.94% | -100.0% |
| Total Short-Term Liabilities | $299.0M | $359.0M | $392.0M |
| YoY Change | -31.49% | -43.2% | -36.36% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $2.522B | $2.523B | $2.524B |
| YoY Change | -0.17% | -0.18% | -0.16% |
| Other Long-Term Liabilities | $799.0M | $892.0M | $726.0M |
| YoY Change | 18.94% | 44.27% | 20.0% |
| Total Long-Term Liabilities | $3.321B | $3.415B | $3.250B |
| YoY Change | 3.84% | 8.56% | 3.73% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $299.0M | $359.0M | $392.0M |
| Total Long-Term Liabilities | $3.321B | $3.415B | $3.250B |
| Total Liabilities | $4.321B | $4.447B | $4.307B |
| YoY Change | -1.02% | -0.26% | -2.93% |
| 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 | $3.938B | $3.863B | $3.814B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $8.259B | $8.310B | $8.120B |
| YoY Change | 1.63% | 1.02% | -0.73% |
Cashflow Statement
| Concept | 2013 Q4 | 2013 Q3 | 2013 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $9.083M | $41.36M | $28.77M |
| YoY Change | 160.78% | 190.06% | -257.37% |
| Depreciation, Depletion And Amortization | $76.20M | $78.30M | $77.00M |
| YoY Change | -3.05% | -6.91% | -8.44% |
| Cash From Operating Activities | $96.50M | $305.3M | -$32.40M |
| YoY Change | -33.31% | 215.07% | 0.62% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$158.1M | -$57.30M | -$33.10M |
| YoY Change | 259.32% | 262.66% | 123.65% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $2.600M | $11.10M | $5.900M |
| YoY Change | -95.89% | 311.11% | -61.44% |
| Cash From Investing Activities | -$155.5M | -$46.10M | -$27.30M |
| YoY Change | -909.9% | 249.24% | -4650.0% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 7.000M | -100.4M | -41.30M |
| YoY Change | -105.32% | -8466.67% | 3341.67% |
| NET CHANGE | |||
| Cash From Operating Activities | 96.50M | 305.3M | -32.40M |
| Cash From Investing Activities | -155.5M | -46.10M | -27.30M |
| Cash From Financing Activities | 7.000M | -100.4M | -41.30M |
| Net Change In Cash | -52.00M | 158.8M | -101.0M |
| YoY Change | -260.99% | 87.04% | 207.93% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $96.50M | $305.3M | -$32.40M |
| Capital Expenditures | -$158.1M | -$57.30M | -$33.10M |
| Free Cash Flow | $254.6M | $362.6M | $700.0K |
| YoY Change | 34.92% | 221.74% | -104.02% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | vmc |
Volumetric Production Payment Estimated Tons To Be Delivered
VolumetricProductionPaymentEstimatedTonsToBeDelivered
|
29000000 | |
| CY2012 | us-gaap |
Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
|
1286000 | |
| CY2013 | us-gaap |
Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
|
-39443000 | |
| CY2013 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
5195000 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-61619000 | |
| CY2013Q2 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
30128000 | |
| CY2013Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
42150000 | |
| CY2013Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
10097000 | |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-54836000 | |
| CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
28772000 | |
| CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
41363000 | |
| CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9083000 | |
| CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-46279000 | |
| CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19662000 | |
| CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
55866000 | |
| CY2012Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
55532000 | |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-50058000 | |
| CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
86866000 | |
| CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
99767000 | |
| CY2013Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
53829000 |
