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10-Q Filing

ADAMS RESOURCES & ENERGY, INC. CIK: 2178 Q1 2016
Filing Information
Form Type 10-Q
Accession Number 0000002178-16-000080
Period End Date 20160331
Filing Date 20160509
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance ae-20160331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $80.18M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $200.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $88.13M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $206.00K USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $83.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $91.88M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $200 and $206, respectively AccountsReceivableNetCurrent $71.81M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $200 and $206, respectively AccountsReceivableNetCurrent $73.04M USD Point-in-time
Inventory EnergyRelatedInventory $7.67M USD Point-in-time
Inventory EnergyRelatedInventory $13.38M USD Point-in-time
Preferred stock - par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Fair value contracts EnergyMarketingContractsAssetsCurrent $20.00K USD Point-in-time
Fair value contracts EnergyMarketingContractsAssetsCurrent - USD Point-in-time
Preferred stock - par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock - shares authorized (in shares) PreferredStockSharesAuthorized 960,000.00 shares Point-in-time
Income tax receivable IncomeTaxesReceivable $2.59M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $629.00K USD Point-in-time
Preferred stock - shares authorized (in shares) PreferredStockSharesAuthorized 960,000.00 shares Point-in-time
Preferred stock - shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Prepayments PrepaidExpenseAndOtherAssetsCurrent $2.59M USD Point-in-time
Prepayments PrepaidExpenseAndOtherAssetsCurrent $2.25M USD Point-in-time
Preferred stock - shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock - par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Total current assets AssetsCurrent $172.42M USD Point-in-time
Total current assets AssetsCurrent $176.54M USD Point-in-time
Common stock - par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.10 USD Point-in-time
Common stock - shares authorized (in shares) CommonStockSharesAuthorized 7.50M shares Point-in-time
Common stock - shares authorized (in shares) CommonStockSharesAuthorized 7.50M shares Point-in-time
Common stock - shares outstanding (in shares) CommonStockSharesOutstanding 4.22M shares Point-in-time
Common stock - shares outstanding (in shares) CommonStockSharesOutstanding 4.22M shares Point-in-time
Marketing MarketingPropertyAndEquipment $64.79M USD Point-in-time
Marketing MarketingPropertyAndEquipment $65.20M USD Point-in-time
Transportation TransportationPropertyAndEquipment $70.37M USD Point-in-time
Transportation TransportationPropertyAndEquipment $70.73M USD Point-in-time
Oil and gas (successful efforts method) OilAndGasPropertySuccessfulEffortMethodGross $74.03M USD Point-in-time
Oil and gas (successful efforts method) OilAndGasPropertySuccessfulEffortMethodGross $77.12M USD Point-in-time
Other PropertyPlantAndEquipmentOther $187.00K USD Point-in-time
Other PropertyPlantAndEquipmentOther $187.00K USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $213.24M USD Point-in-time
Property and equipment PropertyPlantAndEquipmentGross $209.37M USD Point-in-time
Less - Accumulated depreciation, depletion and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $152.75M USD Point-in-time
Less - Accumulated depreciation, depletion and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $153.52M USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $59.72M USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $56.62M USD Point-in-time
Investments OtherInvestments - USD Point-in-time
Investments OtherInvestments $2.01M USD Point-in-time
Cash deposits and other OtherAssetsNoncurrent $6.86M USD Point-in-time
Cash deposits and other OtherAssetsNoncurrent $6.96M USD Point-in-time
Total Assets Assets $237.91M USD Point-in-time
Total Assets Assets $243.22M USD Point-in-time
Accounts payable AccountsPayableCurrent $69.22M USD Point-in-time
Accounts payable AccountsPayableCurrent $74.12M USD Point-in-time
Accounts payable - related party AccountsPayableRelatedPartiesCurrent $69.00K USD Point-in-time
Accounts payable - related party AccountsPayableRelatedPartiesCurrent $40.00K USD Point-in-time
Fair value contracts EnergyMarketingContractLiabilitiesCurrent $195.00K USD Point-in-time
Fair value contracts EnergyMarketingContractLiabilitiesCurrent $373.00K USD Point-in-time
Accrued and other liabilities AccruedLiabilitiesCurrent $6.14M USD Point-in-time
Accrued and other liabilities AccruedLiabilitiesCurrent $5.84M USD Point-in-time
Total current liabilities LiabilitiesCurrent $75.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $80.20M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $2.47M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $2.43M USD Point-in-time
Deferred taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $8.04M USD Point-in-time
Deferred taxes and other liabilities DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent $6.68M USD Point-in-time
Total liabilities Liabilities $84.90M USD Point-in-time
Total liabilities Liabilities $90.70M USD Point-in-time
Commitments and Contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding PreferredStockValue - USD Point-in-time
Preferred stock - $1.00 par value, 960,000 shares authorized, none outstanding PreferredStockValue - USD Point-in-time
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding CommonStockValue $422.00K USD Point-in-time
Common stock - $.10 par value, 7,500,000 shares authorized, 4,217,596 shares outstanding CommonStockValue $422.00K USD Point-in-time
Contributed capital AdditionalPaidInCapital $11.69M USD Point-in-time
Contributed capital AdditionalPaidInCapital $11.69M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $140.90M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $140.40M USD Point-in-time
Total shareholders' equity StockholdersEquity $152.51M USD Point-in-time
Total shareholders' equity StockholdersEquity $153.01M USD Point-in-time
Liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $243.22M USD Point-in-time
Liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $237.91M USD Point-in-time
Income Statement 42 line items
Line Item Tag Value Unit Period
Tax benefit from equity investment IncomeTaxReconciliationMinorityInterestIncomeExpense - USD 1 Quarter
Tax benefit from equity investment IncomeTaxReconciliationMinorityInterestIncomeExpense $67.00K USD 1 Quarter
Marketing RefiningAndMarketingRevenue $537.75M USD 1 Quarter
Marketing RefiningAndMarketingRevenue $236.39M USD 1 Quarter
Transportation LiquidChemicalTransportationRevenue $16.46M USD 1 Quarter
Transportation LiquidChemicalTransportationRevenue $13.35M USD 1 Quarter
Oil and natural gas OilAndGasRevenue $790.00K USD 1 Quarter
Oil and natural gas OilAndGasRevenue $1.36M USD 1 Quarter
Total revenues Revenues $555.57M USD 1 Quarter
Total revenues Revenues $250.53M USD 1 Quarter
Marketing RefiningAndMarketingCosts $229.06M USD 1 Quarter
Marketing RefiningAndMarketingCosts $526.13M USD 1 Quarter
Transportation ShippingHandlingAndTransportationCosts $13.44M USD 1 Quarter
Transportation ShippingHandlingAndTransportationCosts $11.19M USD 1 Quarter
Oil and natural gas OilAndGasProductionExpense $1.66M USD 1 Quarter
Oil and natural gas OilAndGasProductionExpense $631.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.20M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.33M USD 1 Quarter
Depreciation, depletion and amortization DepreciationAndAmortization $5.12M USD 1 Quarter
Depreciation, depletion and amortization DepreciationAndAmortization $6.09M USD 1 Quarter
Total cost and expenses CostsAndExpenses $248.19M USD 1 Quarter
Total cost and expenses CostsAndExpenses $550.66M USD 1 Quarter
Operating earnings OperatingIncomeLoss $2.34M USD 1 Quarter
Operating earnings OperatingIncomeLoss $4.92M USD 1 Quarter
Interest income InvestmentIncomeInterest $103.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $78.00K USD 1 Quarter
Interest expense InterestExpenseOther $4.00K USD 1 Quarter
Interest expense InterestExpenseOther - USD 1 Quarter
Earnings before income taxes and equity investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.44M USD 1 Quarter
Earnings before income taxes and equity investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $4.99M USD 1 Quarter
Income tax (provision) IncomeTaxExpenseBenefit $1.89M USD 1 Quarter
Income tax (provision) IncomeTaxExpenseBenefit $888.00K USD 1 Quarter
Earnings before equity investments IncomeLossFromContinuingOperations $3.10M USD 1 Quarter
Earnings before equity investments IncomeLossFromContinuingOperations $1.55M USD 1 Quarter
Earnings (loss) from equity investments, net of tax benefit of $67 and zero, respectively NetIncomeLossAttributableToNoncontrollingInterest $124.00K USD 1 Quarter
Earnings (loss) from equity investments, net of tax benefit of $67 and zero, respectively NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net earnings NetIncomeLoss $3.10M USD 1 Quarter
Net earnings NetIncomeLoss $1.43M USD 1 Quarter
Basic and diluted net earnings per common share (in dollars per share) EarningsPerShareBasicAndDiluted $0.73 USD 1 Quarter
Basic and diluted net earnings per common share (in dollars per share) EarningsPerShareBasicAndDiluted $0.34 USD 1 Quarter
DIVIDENDS PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
DIVIDENDS PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Cash Flow Statement 56 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $3.10M USD 1 Quarter
Net earnings NetIncomeLoss $1.43M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $6.09M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $5.12M USD 1 Quarter
Property sales (gains) GainLossOnSaleOfOilAndGasProperty $512.00K USD 1 Quarter
Property sales (gains) GainLossOnSaleOfOilAndGasProperty $120.00K USD 1 Quarter
Dry hole costs incurred ResultsOfOperationsDryHoleCosts $34.00K USD 1 Quarter
Dry hole costs incurred ResultsOfOperationsDryHoleCosts - USD 1 Quarter
Impairment of oil and natural gas properties ImpairmentOfOilAndGasProperties $29.00K USD 1 Quarter
Impairment of oil and natural gas properties ImpairmentOfOilAndGasProperties $208.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefitContinuingAndDiscontinuedOperations $-949.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefitContinuingAndDiscontinuedOperations $-1.35M USD 1 Quarter
Net change in fair value contracts UnrealizedGainLossOnDerivativesAndCommodityContracts $-158.00K USD 1 Quarter
Net change in fair value contracts UnrealizedGainLossOnDerivativesAndCommodityContracts $-39.00K USD 1 Quarter
Equity investment (earnings) losses IncomeLossIncludingPortionAttributableToNoncontrollingInterest $-191.00K USD 1 Quarter
Equity investment (earnings) losses IncomeLossIncludingPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $1.22M USD 1 Quarter
Decrease (increase) in accounts receivable IncreaseDecreaseInAccountsReceivable $-25.50M USD 1 Quarter
Decrease (increase) in inventories IncreaseDecreaseInInventories $5.71M USD 1 Quarter
Decrease (increase) in inventories IncreaseDecreaseInInventories $803.00K USD 1 Quarter
Decrease (increase) in income tax receivable IncreaseDecreaseInIncomeTaxesReceivable $-1.96M USD 1 Quarter
Decrease (increase) in income tax receivable IncreaseDecreaseInIncomeTaxesReceivable $-970.00K USD 1 Quarter
Decrease (increase) in prepayments IncreaseDecreaseInPrepaidExpense $-338.00K USD 1 Quarter
Decrease (increase) in prepayments IncreaseDecreaseInPrepaidExpense $-342.00K USD 1 Quarter
Increase (decrease) in accounts payable IncreaseDecreaseInAccountsPayable $-3.61M USD 1 Quarter
Increase (decrease) in accounts payable IncreaseDecreaseInAccountsPayable $-25.39M USD 1 Quarter
Increase (decrease) in accrued liabilities IncreaseDecreaseInAccruedLiabilities $393.00K USD 1 Quarter
Increase (decrease) in accrued liabilities IncreaseDecreaseInAccruedLiabilities $3.51M USD 1 Quarter
Other changes, net OtherOperatingActivitiesCashFlowStatement $-8.00K USD 1 Quarter
Other changes, net OtherOperatingActivitiesCashFlowStatement $47.00K USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $12.13M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-2.36M USD 1 Quarter
Property and equipment additions PaymentsToAcquirePropertyPlantAndEquipment $4.21M USD 1 Quarter
Property and equipment additions PaymentsToAcquirePropertyPlantAndEquipment $3.67M USD 1 Quarter
Proceeds from property sales ProceedsFromSaleOfPropertyPlantAndEquipment $920.00K USD 1 Quarter
Proceeds from property sales ProceedsFromSaleOfPropertyPlantAndEquipment $512.00K USD 1 Quarter
Investments PaymentsForProceedsFromInvestments - USD 1 Quarter
Investments PaymentsForProceedsFromInvestments $2.20M USD 1 Quarter
Insurance and state collateral (deposits) refunds IncreaseDecreaseInDepositOtherAssets $103.00K USD 1 Quarter
Insurance and state collateral (deposits) refunds IncreaseDecreaseInDepositOtherAssets $2.00K USD 1 Quarter
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-3.26M USD 1 Quarter
Net cash (used in) investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-5.49M USD 1 Quarter
Dividend payments PaymentsOfDividends $927.00K USD 1 Quarter
Dividend payments PaymentsOfDividends $928.00K USD 1 Quarter
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-927.00K USD 1 Quarter
Net cash (used in) financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-928.00K USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-8.78M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $7.95M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $80.18M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $88.13M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $83.10M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $91.88M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $80.18M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $88.13M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $83.10M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $91.88M USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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