2013 Form 10-K Financial Statement
#000119312514080172 Filed on March 03, 2014
Income Statement
| Concept | 2013 | 2012 | 2011 |
|---|---|---|---|
| Revenue | $761.9M | $750.7M | $687.3M |
| YoY Change | 1.49% | 9.22% | 4.1% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | |||
| YoY Change | |||
| % of Gross Profit | |||
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $124.0M | $116.2M | $108.3M |
| YoY Change | 6.71% | 7.29% | -3.04% |
| % of Gross Profit | |||
| Operating Expenses | $460.2M | $433.1M | $406.5M |
| YoY Change | 6.26% | 6.54% | 0.89% |
| Operating Profit | |||
| YoY Change | |||
| Interest Expense | $77.32M | $77.76M | $77.80M |
| YoY Change | -0.57% | -0.06% | 6.01% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $224.1M | $247.1M | $210.8M |
| YoY Change | -9.31% | 17.22% | 10.19% |
| Income Tax | $21.20M | $65.20M | $69.10M |
| % Of Pretax Income | 9.46% | 26.39% | 32.78% |
| Net Earnings | $221.3M | $196.6M | $143.1M |
| YoY Change | 12.56% | 37.39% | 15.4% |
| Net Earnings / Revenue | 29.05% | 26.19% | 20.82% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $1.252M | $1.124M | $825.3K |
| COMMON SHARES | |||
| Basic Shares Outstanding | |||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 | 2012 | 2011 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $5.000M | $6.000M | $8.000M |
| YoY Change | -16.67% | -25.0% | 33.33% |
| Cash & Equivalents | $5.000M | $6.000M | $8.000M |
| Short-Term Investments | |||
| Other Short-Term Assets | $90.00M | $168.0M | $340.0M |
| YoY Change | -46.43% | -50.59% | 70.0% |
| Inventory | $11.00M | $12.00M | $11.00M |
| Prepaid Expenses | |||
| Receivables | $95.00M | $50.00M | $43.00M |
| Other Receivables | $0.00 | $25.00M | $3.000M |
| Total Short-Term Assets | $201.0M | $261.0M | $405.0M |
| YoY Change | -22.99% | -35.56% | 34.11% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $4.139B | $3.936B | $3.531B |
| YoY Change | 5.16% | 11.47% | 0.23% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $49.00M | $39.00M | $5.000M |
| YoY Change | 25.64% | 680.0% | |
| Other Assets | $635.0M | $595.0M | $380.0M |
| YoY Change | 6.72% | 56.58% | 72.73% |
| Total Long-Term Assets | $4.851B | $4.598B | $3.943B |
| YoY Change | 5.5% | 16.61% | 4.59% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $201.0M | $261.0M | $405.0M |
| Total Long-Term Assets | $4.851B | $4.598B | $3.943B |
| Total Assets | $5.052B | $4.859B | $4.348B |
| YoY Change | 3.97% | 11.75% | 6.78% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $66.00M | $56.00M | $68.00M |
| YoY Change | 17.86% | -17.65% | 54.55% |
| Accrued Expenses | $47.00M | $41.00M | $37.00M |
| YoY Change | 14.63% | 10.81% | -7.5% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $37.00M | $80.00M | $108.0M |
| YoY Change | -53.75% | -25.93% | 20.0% |
| Long-Term Debt Due | $86.00M | $45.00M | $80.00M |
| YoY Change | 91.11% | -43.75% | 185.71% |
| Total Short-Term Liabilities | $280.0M | $274.0M | $447.0M |
| YoY Change | 2.19% | -38.7% | 38.39% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $1.469B | $1.544B | $1.395B |
| YoY Change | -4.86% | 10.68% | -6.44% |
| Other Long-Term Liabilities | $902.0M | $931.0M | $658.0M |
| YoY Change | -3.11% | 41.49% | 4.94% |
| Total Long-Term Liabilities | $2.371B | $2.475B | $2.053B |
| YoY Change | -4.2% | 20.56% | -3.07% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $280.0M | $274.0M | $447.0M |
| Total Long-Term Liabilities | $2.371B | $2.475B | $2.053B |
| Total Liabilities | $3.517B | $3.473B | $3.097B |
| YoY Change | 1.27% | 12.14% | 6.87% |
| 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 | $1.535B | $1.386B | $1.251B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.052B | $4.859B | $4.348B |
| YoY Change | 3.97% | 11.75% | 6.78% |
Cashflow Statement
| Concept | 2013 | 2012 | 2011 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $221.3M | $196.6M | $143.1M |
| YoY Change | 12.56% | 37.39% | 15.4% |
| Depreciation, Depletion And Amortization | $124.0M | $116.2M | $108.3M |
| YoY Change | 6.71% | 7.29% | -3.04% |
| Cash From Operating Activities | $367.8M | $368.4M | $366.8M |
| YoY Change | -0.16% | 0.44% | 39.41% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$307.9M | -$347.1M | -$325.8M |
| YoY Change | -11.29% | 6.54% | 5.74% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $86.30M | -$17.60M | $40.90M |
| YoY Change | -590.34% | -143.03% | -154.32% |
| Cash From Investing Activities | -$221.6M | -$364.7M | -$284.9M |
| YoY Change | -39.24% | 28.01% | -25.71% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -146.7M | -6.400M | -79.70M |
| YoY Change | 2192.19% | -91.97% | -176.34% |
| NET CHANGE | |||
| Cash From Operating Activities | 367.8M | 368.4M | 366.8M |
| Cash From Investing Activities | -221.6M | -364.7M | -284.9M |
| Cash From Financing Activities | -146.7M | -6.400M | -79.70M |
| Net Change In Cash | -500.0K | -2.700M | 2.200M |
| YoY Change | -81.48% | -222.73% | -113.75% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $367.8M | $368.4M | $366.8M |
| Capital Expenditures | -$307.9M | -$347.1M | -$325.8M |
| Free Cash Flow | $675.7M | $715.5M | $692.6M |
| YoY Change | -5.56% | 3.31% | 21.25% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2011 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
233000 | |
| CY2012 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
339000 | |
| CY2013 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-90000 | |
| CY2013Q4 | wtr |
Wtr Shares Available For Repurchase
WtrSharesAvailableForRepurchase
|
685348 | |
| CY2009Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
1632000 | |
| CY2010Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
1632000 | |
| CY2011Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
1615000 | |
| CY2012Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
1619000 | |
| CY2013Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
1553000 | |
| CY2009 | us-gaap |
Interest Expense
InterestExpense
|
66345000 | |
| CY2010 | us-gaap |
Interest Expense
InterestExpense
|
73393000 | |
| CY2011 | us-gaap |
Interest Expense
InterestExpense
|
77804000 | |
| CY2012 | us-gaap |
Interest Expense
InterestExpense
|
77757000 | |
| CY2013 | us-gaap |
Interest Expense
InterestExpense
|
77316000 | |
| CY2009 | wtr |
Number Of Utility Customers Served
NumberOfUtilityCustomersServed
|
953437000 | |
| CY2010 | wtr |
Number Of Utility Customers Served
NumberOfUtilityCustomersServed
|
962970000 | |
| CY2011 | wtr |
Number Of Utility Customers Served
NumberOfUtilityCustomersServed
|
966136000 | |
| CY2012 | wtr |
Number Of Utility Customers Served
NumberOfUtilityCustomersServed
|
968357000 | |
| CY2013 | wtr |
Number Of Utility Customers Served
NumberOfUtilityCustomersServed
|
941008000 |
