$WLFC
WILLIS LEASE FINANCE CORP

2012 Q3 Form 10-Q Financial Statement

#000110465912076534 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q3
Revenue $37.51M $39.48M
YoY Change -5.0% -1.77%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $9.300M $10.00M
YoY Change -7.0% 7.53%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.89M $12.46M
YoY Change 11.47% -4.18%
% of Gross Profit
Operating Expenses $23.10M $22.40M
YoY Change 3.13% 0.45%
Operating Profit -$11.03M $5.930M
YoY Change -286.04%
Interest Expense $7.529M $8.876M
YoY Change -15.18% -188.76%
% of Operating Profit 149.68%
Other Income/Expense, Net
YoY Change
Pretax Income -$10.68M $6.162M
YoY Change -273.32% 18.5%
Income Tax -$3.486M $3.846M
% Of Pretax Income 62.41%
Net Earnings -$7.194M $2.316M
YoY Change -410.62% -24.88%
Net Earnings / Revenue -19.18% 5.87%
Basic Earnings Per Share -$0.94 $0.18
Diluted Earnings Per Share -$0.91 $0.17
COMMON SHARES
Basic Shares Outstanding 8.667M shares 8.397M shares
Diluted Shares Outstanding 8.889M shares 8.811M shares

Balance Sheet

Concept 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.20M $6.000M
YoY Change 186.67% 200.0%
Cash & Equivalents $17.18M $6.007M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $8.900M $6.800M
Other Receivables $0.00 $0.00
Total Short-Term Assets $26.10M $12.80M
YoY Change 103.91% 72.97%
LONG-TERM ASSETS
Property, Plant & Equipment $6.502M $967.5M
YoY Change -99.33% 2.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $19.54M $15.00M
YoY Change 30.27% 38.89%
Other Assets $62.30M $84.80M
YoY Change -26.53% -18.15%
Total Long-Term Assets $1.085B $1.083B
YoY Change 0.19% 0.42%
TOTAL ASSETS
Total Short-Term Assets $26.10M $12.80M
Total Long-Term Assets $1.085B $1.083B
Total Assets $1.111B $1.095B
YoY Change 1.4% 0.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.90M $16.10M
YoY Change -19.88% 41.23%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $20.00M $22.00M
YoY Change -9.09% 30.95%
LONG-TERM LIABILITIES
Long-Term Debt $690.0M $684.1M
YoY Change 0.86% -3.01%
Other Long-Term Liabilities $69.30M $73.20M
YoY Change -5.33% 0.97%
Total Long-Term Liabilities $759.3M $757.3M
YoY Change 0.26% -2.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.00M $22.00M
Total Long-Term Liabilities $759.3M $757.3M
Total Liabilities $868.1M $863.3M
YoY Change 0.56% -0.14%
SHAREHOLDERS EQUITY
Retained Earnings $153.7M
YoY Change
Common Stock $93.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $242.6M $232.0M
YoY Change
Total Liabilities & Shareholders Equity $1.111B $1.095B
YoY Change 1.4% 0.91%

Cashflow Statement

Concept 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income -$7.194M $2.316M
YoY Change -410.62% -24.88%
Depreciation, Depletion And Amortization $13.89M $12.46M
YoY Change 11.47% -4.18%
Cash From Operating Activities $20.00M $30.60M
YoY Change -34.64% -497.4%
INVESTING ACTIVITIES
Capital Expenditures -$22.20M -$22.30M
YoY Change -0.45% 271.67%
Acquisitions
YoY Change
Other Investing Activities $4.700M $90.90M
YoY Change -94.83% 234.19%
Cash From Investing Activities -$17.50M $68.60M
YoY Change -125.51% 223.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.10M -101.4M
YoY Change -109.96% 668.18%
NET CHANGE
Cash From Operating Activities 20.00M 30.60M
Cash From Investing Activities -17.50M 68.60M
Cash From Financing Activities 10.10M -101.4M
Net Change In Cash 12.60M -2.200M
YoY Change -672.73% -833.33%
FREE CASH FLOW
Cash From Operating Activities $20.00M $30.60M
Capital Expenditures -$22.20M -$22.30M
Free Cash Flow $42.20M $52.90M
YoY Change -20.23% -3211.76%

Facts In Submission

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dei Entity Registrant Name
EntityRegistrantName
WILLIS LEASE FINANCE CORP
dei Entity Central Index Key
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dei Document Type
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