10-Q Filing

HALLADOR ENERGY CO CIK: 788965 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000788965-11-000028`
Period End Date	20110630
Filing Date	20110805
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	hnrg-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 70 Cash Flow Statement 29 Stockholders Equity 16

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.28M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.23M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$1.29M	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Prepaid Federal income taxes	`PrepaidTaxes`	$3.85M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.45M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$6.26M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$2.10M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$3.50M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28,136.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27,924.00	shares	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$2.41M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$2.19M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$1.11M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$850.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$26.23M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$30.60M	USD	Point-in-time
Land, buildings and equipment	`PropertyPlantAndEquipmentGross`	$123.86M	USD	Point-in-time
Land, buildings and equipment	`PropertyPlantAndEquipmentGross`	$114.48M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$62.76M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$59.35M	USD	Point-in-time
CoalPropertiesAtCost	`CoalPropertiesAtCost`	$173.83M	USD	Point-in-time
CoalPropertiesAtCost	`CoalPropertiesAtCost`	$186.62M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$28.43M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$35.17M	USD	Point-in-time
CoalPropertiesNet	`CoalPropertiesNet`	$145.39M	USD	Point-in-time
CoalPropertiesNet	`CoalPropertiesNet`	$151.45M	USD	Point-in-time
Investment in Savoy	`InvestmentInSavoy`	$10.82M	USD	Point-in-time
Investment in Savoy	`InvestmentInSavoy`	$7.72M	USD	Point-in-time
Investment in Sunrise Energy	`InvestmentInSunriseEnergy`	$2.92M	USD	Point-in-time
Investment in Sunrise Energy	`InvestmentInSunriseEnergy`	$2.38M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.68M	USD	Point-in-time
Assets	`Assets`	$202.47M	USD	Point-in-time
Assets	`Assets`	$186.66M	USD	Point-in-time
Current portion of bank debt	`LoansPayableToBankCurrent`	$10.00M	USD	Point-in-time
Current portion of bank debt	`LoansPayableToBankCurrent`	$10.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$8.81M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$1.56M	USD	Point-in-time
Interest rate swaps, at estimated fair value	`InterestRateDerivativesAtFairValueNet`	$-692.00K	USD	Point-in-time
Interest rate swaps, at estimated fair value	`InterestRateDerivativesAtFairValueNet`	$-339.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$22.05M	USD	Point-in-time
Bank debt, net of current portion	`LongTermLineOfCredit`	$17.50M	USD	Point-in-time
Bank debt, net of current portion	`LongTermLineOfCredit`	$12.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$23.56M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$17.43M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.19M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.15M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$4.34M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$4.34M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$41.59M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$40.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$63.65M	USD	Point-in-time
Total liabilities	`Liabilities`	$59.93M	USD	Point-in-time
Preferred stock, $.10 par value, 10,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.10 par value, 10,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 28,136 and 27,924 shares outstanding, respectively	`CommonStockValue`	$281.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 28,136 and 27,924 shares outstanding, respectively	`CommonStockValue`	$279.00K	USD	Point-in-time
Additional paid-in capital`	`AdditionalPaidInCapital`	$84.89M	USD	Point-in-time
Additional paid-in capital`	`AdditionalPaidInCapital`	$84.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$53.61M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.38M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$44.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$126.73M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$138.82M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$202.47M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$186.66M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$330.00K	USD	2 Qtrs
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$166.00K	USD	1 Quarter
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$191.00K	USD	1 Quarter
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$354.00K	USD	2 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$66.65M	USD	2 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$66.10M	USD	2 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$32.14M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$31.70M	USD	1 Quarter
Equity income - Savoy	`EquityIncomeSavoy`	$1.68M	USD	1 Quarter
Equity income - Savoy	`EquityIncomeSavoy`	$303.00K	USD	2 Qtrs
Equity income - Savoy	`EquityIncomeSavoy`	$3.12M	USD	2 Qtrs
Equity income - Savoy	`EquityIncomeSavoy`	$113.00K	USD	1 Quarter
Equity income - Sunrise Energy	`EquityIncomeSunriseEnergy`	$119.00K	USD	1 Quarter
Equity income - Sunrise Energy	`EquityIncomeSunriseEnergy`	$544.00K	USD	2 Qtrs
Other	`OtherSalesRevenueNet`	$-124.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$-272.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$1.76M	USD	2 Qtrs
Other	`OtherSalesRevenueNet`	$13.00K	USD	2 Qtrs
Revenues	`Revenues`	$71.53M	USD	2 Qtrs
Revenues	`Revenues`	$33.66M	USD	1 Quarter
Revenues	`Revenues`	$31.68M	USD	1 Quarter
Revenues	`Revenues`	$66.97M	USD	2 Qtrs
Cost of coal sales	`CostOfCoalProductsAndServices`	$36.79M	USD	2 Qtrs
Cost of coal sales	`CostOfCoalProductsAndServices`	$18.88M	USD	1 Quarter
Cost of coal sales	`CostOfCoalProductsAndServices`	$38.33M	USD	2 Qtrs
Cost of coal sales	`CostOfCoalProductsAndServices`	$17.92M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$6.74M	USD	2 Qtrs
DD&A	`DepreciationDepletionAndAmortization`	$2.88M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$5.64M	USD	2 Qtrs
DD&A	`DepreciationDepletionAndAmortization`	$3.38M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$1.46M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$1.79M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$3.49M	USD	2 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$2.60M	USD	2 Qtrs
Interest (1)	`InterestExpense`	$342.00K	USD	1 Quarter
Interest (1)	`InterestExpense`	$706.00K	USD	2 Qtrs
Interest (1)	`InterestExpense`	$1.05M	USD	2 Qtrs
Interest (1)	`InterestExpense`	$486.00K	USD	1 Quarter
CostsAndExpenses	`CostsAndExpenses`	$23.43M	USD	1 Quarter
CostsAndExpenses	`CostsAndExpenses`	$47.62M	USD	2 Qtrs
CostsAndExpenses	`CostsAndExpenses`	$47.73M	USD	2 Qtrs
CostsAndExpenses	`CostsAndExpenses`	$23.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.80M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.97M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.35M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.23M	USD	1 Quarter
Less income taxes	`IncomeTaxExpenseBenefit`	$3.77M	USD	1 Quarter
Less income taxes	`IncomeTaxExpenseBenefit`	$7.74M	USD	2 Qtrs
Less income taxes	`IncomeTaxExpenseBenefit`	$3.19M	USD	1 Quarter
Less income taxes	`IncomeTaxExpenseBenefit`	$9.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.61M	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.52	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.42	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.17	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27,782.00	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28,133.00	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27,782.00	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28,089.00	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,563.00	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,617.00	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,510.00	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,587.00	shares	1 Quarter

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.86M	USD	2 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.28M	USD	2 Qtrs
Capital expenditures for coal properties	`PaymentsToAcquirePropertyPlantAndEquipment`	$18.20M	USD	2 Qtrs
Capital expenditures for coal properties	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.56M	USD	2 Qtrs
Capital expenditures for unproved oil and gas properties	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.57M	USD	2 Qtrs
Proceeds from CDs	`ProceedsFromSaleOfLongtermInvestments`	$1.29M	USD	2 Qtrs
Other	`ProceedsFromSaleOfOtherInvestments`	$155.00K	USD	2 Qtrs
Other	`ProceedsFromSaleOfOtherInvestments`	$92.00K	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.68M	USD	2 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.11M	USD	2 Qtrs
Payments of bank debt	`RepaymentsOfLinesOfCredit`	$5.00M	USD	2 Qtrs
Payments of bank debt	`RepaymentsOfLinesOfCredit`	$5.00M	USD	2 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$3.50M	USD	2 Qtrs
Stock option buy out for cash	`PaymentsForRepurchaseOfWarrants`	$679.00K	USD	2 Qtrs
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$595.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-162.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00K	USD	2 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.93M	USD	2 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.84M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$7.25M	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-673.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.55M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$17.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.23M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$17.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.23M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$126.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$138.82M	USD	Point-in-time
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.14M	USD	2 Qtrs
Exercise of employee stock options for shares	`StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan`	$1.00K	USD	2 Qtrs
Taxes paid for shares issued to employees	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-470.00K	USD	2 Qtrs
Stock issued on vesting of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	2 Qtrs
Taxes paid on vesting of RSUs	`TaxBenefitFromStockOptionsExercised`	$-449.00K	USD	2 Qtrs
Tax benefit from stock-based compensation	`EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions`	$595.00K	USD	2 Qtrs
Dividends	`DividendsCash`	$-3.50M	USD	2 Qtrs
Increase in value of marketable securities available for sale	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$44.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$14.73M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.46M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.61M	USD	2 Qtrs
Balance	`StockholdersEquity`	$126.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$138.82M	USD	Point-in-time

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