10-Q Filing

HALLADOR ENERGY CO CIK: 788965 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0000788965-11-000039`
Period End Date	20110930
Filing Date	20111107
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	hnrg-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 72 Cash Flow Statement 31 Stockholders Equity 15

Balance Sheet 81 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
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`	$33.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.28M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.38M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.23M	USD	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	100,000.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$9.83M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$5.45M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27,924.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28,175.00	shares	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$2.10M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$3.46M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$2.41M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$2.13M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$3.51M	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`	$52.48M	USD	Point-in-time
Land, buildings and equipment	`PropertyPlantAndEquipmentGross`	$114.48M	USD	Point-in-time
Land, buildings and equipment	`PropertyPlantAndEquipmentGross`	$122.99M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$59.35M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$64.11M	USD	Point-in-time
CoalPropertiesAtCost	`CoalPropertiesAtCost`	$187.10M	USD	Point-in-time
CoalPropertiesAtCost	`CoalPropertiesAtCost`	$173.83M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$28.43M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.52M	USD	Point-in-time
CoalPropertiesNet	`CoalPropertiesNet`	$145.39M	USD	Point-in-time
CoalPropertiesNet	`CoalPropertiesNet`	$148.58M	USD	Point-in-time
Investment in Savoy	`InvestmentInSavoy`	$7.72M	USD	Point-in-time
Investment in Savoy	`InvestmentInSavoy`	$11.16M	USD	Point-in-time
Investment in Sunrise Energy	`InvestmentInSunriseEnergy`	$3.15M	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`	$6.20M	USD	Point-in-time
Assets	`Assets`	$186.66M	USD	Point-in-time
Assets	`Assets`	$221.57M	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`	$8.81M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.14M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$8.96M	USD	Point-in-time
Interest rate swaps, at estimated fair value	`InterestRateDerivativesAtFairValueNet`	$-186.00K	USD	Point-in-time
Interest rate swaps, at estimated fair value	`InterestRateDerivativesAtFairValueNet`	$-692.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.50M	USD	Point-in-time
Bank debt, net of current portion	`LongTermLineOfCredit`	$17.50M	USD	Point-in-time
Bank debt, net of current portion	`LongTermLineOfCredit`	$10.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$22.86M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$17.43M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.15M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$1.21M	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`	$40.43M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$38.41M	USD	Point-in-time
Total liabilities	`Liabilities`	$69.70M	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; 28,175 and 27,924 shares outstanding, respectively	`CommonStockValue`	$281.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 28,175 and 27,924 shares outstanding, respectively	`CommonStockValue`	$279.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$85.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$84.07M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$66.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$42.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-87.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$151.87M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$151.87M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$126.73M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$221.57M	USD	Point-in-time
LiabilitiesAndStockholdersEquity	`LiabilitiesAndStockholdersEquity`	$186.66M	USD	Point-in-time

Income Statement 72 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`	$153.00K	USD	1 Quarter
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$496.00K	USD	3 Qtrs
(1) Included in interest expense: credits for the change in the estimated fair value of interest rate swaps.	`IncludedInInterestExpenseCreditsForTheChangeInTheEstimatedFairValueOfInterestRate`	$506.00K	USD	3 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
Coal sales	`CoalProductsAndServicesRevenue`	$100.28M	USD	3 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$100.64M	USD	3 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$34.17M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$34.19M	USD	1 Quarter
Gain on sale of unproved oil & gas properties	`GainLossOnSaleOfOilAndGasProperty`	$9.08M	USD	1 Quarter
Gain on sale of unproved oil & gas properties	`GainLossOnSaleOfOilAndGasProperty`	$9.08M	USD	3 Qtrs
Equity income (loss) - Savoy	`EquityIncomeSavoy`	$4.07M	USD	3 Qtrs
Equity income (loss) - Savoy	`EquityIncomeSavoy`	$-574.00K	USD	3 Qtrs
Equity income (loss) - Savoy	`EquityIncomeSavoy`	$-877.00K	USD	1 Quarter
Equity income (loss) - Savoy	`EquityIncomeSavoy`	$948.00K	USD	1 Quarter
Equity income - Sunrise Energy	`EquityIncomeSunriseEnergy`	$774.00K	USD	3 Qtrs
Equity income - Sunrise Energy	`EquityIncomeSunriseEnergy`	$230.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$192.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$1.95M	USD	3 Qtrs
Other	`OtherSalesRevenueNet`	$-141.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$75.00K	USD	3 Qtrs
Revenues	`Revenues`	$33.18M	USD	1 Quarter
Revenues	`Revenues`	$44.63M	USD	1 Quarter
Revenues	`Revenues`	$116.15M	USD	3 Qtrs
Revenues	`Revenues`	$100.14M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$19.66M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$56.72M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$56.46M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$18.39M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$3.12M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$3.39M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$10.13M	USD	3 Qtrs
DD&A	`DepreciationDepletionAndAmortization`	$8.76M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$5.25M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$3.93M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$1.33M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$1.76M	USD	1 Quarter
Interest (1)	`InterestExpense`	$480.00K	USD	1 Quarter
Interest (1)	`InterestExpense`	$1.53M	USD	3 Qtrs
Interest (1)	`InterestExpense`	$1.00M	USD	3 Qtrs
Interest (1)	`InterestExpense`	$297.00K	USD	1 Quarter
CostsAndExpenses	`CostsAndExpenses`	$25.11M	USD	1 Quarter
CostsAndExpenses	`CostsAndExpenses`	$72.84M	USD	3 Qtrs
CostsAndExpenses	`CostsAndExpenses`	$70.94M	USD	3 Qtrs
CostsAndExpenses	`CostsAndExpenses`	$23.32M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$29.20M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.52M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.85M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$43.32M	USD	3 Qtrs
Less income taxes	`IncomeTaxExpenseBenefit`	$3.36M	USD	1 Quarter
Less income taxes	`IncomeTaxExpenseBenefit`	$6.96M	USD	1 Quarter
Less income taxes	`IncomeTaxExpenseBenefit`	$11.10M	USD	3 Qtrs
Less income taxes	`IncomeTaxExpenseBenefit`	$16.03M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$27.29M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	3 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.97	USD	3 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.65	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.95	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	3 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.23	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27,782.00	shares	3 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27,783.00	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28,162.00	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28,114.00	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,642.00	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,593.00	shares	3 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,590.00	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	28,678.00	shares	3 Qtrs

Cash Flow Statement 31 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.66M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$40.41M	USD	3 Qtrs
Capital expenditures for coal properties	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.02M	USD	3 Qtrs
Capital expenditures for coal properties	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.63M	USD	3 Qtrs
Capital expenditures for unproved oil and gas properties	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.71M	USD	3 Qtrs
Proceeds from CDs	`ProceedsFromSaleOfLongtermInvestments`	$1.29M	USD	3 Qtrs
Proceeds from sale of unproved oil and gas properties	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.62M	USD	3 Qtrs
Other	`ProceedsFromSaleOfOtherInvestments`	$-869.00K	USD	3 Qtrs
Other	`ProceedsFromSaleOfOtherInvestments`	$393.00K	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.69M	USD	3 Qtrs
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.23M	USD	3 Qtrs
Payments of bank debt	`RepaymentsOfLinesOfCredit`	$7.50M	USD	3 Qtrs
Payments of bank debt	`RepaymentsOfLinesOfCredit`	$7.50M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$3.50M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$2.94M	USD	3 Qtrs
Stock option buy out for cash	`PaymentsForRepurchaseOfWarrants`	$679.00K	USD	3 Qtrs
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$697.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-145.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-163.00K	USD	3 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.28M	USD	3 Qtrs
Cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.45M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.27M	USD	3 Qtrs
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.85M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.55M	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`	$13.38M	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`	$33.55M	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`	$13.38M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.23M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$27.29M	USD	3 Qtrs
Balance	`StockholdersEquity`	$151.87M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$6.50M	USD	1 Quarter
Balance	`StockholdersEquity`	$151.87M	USD	Point-in-time
Net Income	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$18.10M	USD	3 Qtrs
Balance	`StockholdersEquity`	$126.73M	USD	Point-in-time
Tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$697.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$27.29M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.10M	USD	3 Qtrs
Balance	`StockholdersEquity`	$151.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$151.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$126.73M	USD	Point-in-time

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