10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001140361-15-018104 |
| Period End Date | 20150331 |
| Filing Date | 20150507 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | kex-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$19.24M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.49M | USD | Point-in-time |
| Common stock, par value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Common stock, par value per share (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.02M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
120.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
120.00M | shares | Point-in-time |
| Trade - less allowance for doubtful accounts |
AccountsReceivableNetCurrent
|
$373.92M | USD | Point-in-time |
| Trade - less allowance for doubtful accounts |
AccountsReceivableNetCurrent
|
$417.32M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
59.78M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
59.78M | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
4.07M | shares | Point-in-time |
| Treasury stock, shares (in shares) |
TreasuryStockShares
|
2.91M | shares | Point-in-time |
| Other |
OtherReceivables
|
$115.60M | USD | Point-in-time |
| Other |
OtherReceivables
|
$98.50M | USD | Point-in-time |
| Inventories - net |
InventoryNet
|
$192.35M | USD | Point-in-time |
| Inventories - net |
InventoryNet
|
$195.73M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$39.10M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssets
|
$43.02M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$10.56M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$11.83M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$803.15M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$723.56M | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$3.72B | USD | Point-in-time |
| Property and equipment |
PropertyPlantAndEquipmentGross
|
$3.85B | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$1.17B | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$1.13B | USD | Point-in-time |
| Property and equipment - net |
PropertyPlantAndEquipmentNet
|
$2.59B | USD | Point-in-time |
| Property and equipment - net |
PropertyPlantAndEquipmentNet
|
$2.68B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$591.40M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$591.40M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$153.90M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$157.85M | USD | Point-in-time |
| Total assets |
Assets
|
$4.15B | USD | Point-in-time |
| Total assets |
Assets
|
$4.14B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$116.70M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
- | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$14.89M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.47M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$222.02M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$166.63M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$201.03M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$181.02M | USD | Point-in-time |
| Deferred revenues |
DeferredRevenueCurrent
|
$47.54M | USD | Point-in-time |
| Deferred revenues |
DeferredRevenueCurrent
|
$50.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$594.03M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$410.08M | USD | Point-in-time |
| Long-term debt - less current portion |
LongTermDebtNoncurrent
|
$600.00M | USD | Point-in-time |
| Long-term debt - less current portion |
LongTermDebtNoncurrent
|
$818.90M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$88.08M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$87.20M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.28B | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$1.51B | USD | Point-in-time |
| Contingencies and commitments |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Contingencies and commitments |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$604.91M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$595.77M | USD | Point-in-time |
| Common stock, $.10 par value per share. Authorized 120,000,000 shares, issued 59,776,000 shares |
CommonStockValue
|
$5.98M | USD | Point-in-time |
| Common stock, $.10 par value per share. Authorized 120,000,000 shares, issued 59,776,000 shares |
CommonStockValue
|
$5.98M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$426.65M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$428.48M | USD | Point-in-time |
| Accumulated other comprehensive income - net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-60.03M | USD | Point-in-time |
| Accumulated other comprehensive income - net |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-61.04M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.97B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.04B | USD | Point-in-time |
| Treasury stock - at cost, 4,067,000 shares at March 31, 2015 and 2,906,000 at December 31, 2014 |
TreasuryStockValue
|
$93.53M | USD | Point-in-time |
| Treasury stock - at cost, 4,067,000 shares at March 31, 2015 and 2,906,000 at December 31, 2014 |
TreasuryStockValue
|
$188.70M | USD | Point-in-time |
| Total Kirby stockholders' equity |
StockholdersEquity
|
$2.22B | USD | Point-in-time |
| Total Kirby stockholders' equity |
StockholdersEquity
|
$2.25B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$10.88M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$10.80M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.23B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.26B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.15B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.14B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Marine transportation |
CargoAndFreightRevenue
|
$435.77M | USD | 1 Quarter |
| Marine transportation |
CargoAndFreightRevenue
|
$419.90M | USD | 1 Quarter |
| Diesel engine services |
RevenueRepairAndSaleOfDieselEngineAndRelatedParts
|
$167.77M | USD | 1 Quarter |
| Diesel engine services |
RevenueRepairAndSaleOfDieselEngineAndRelatedParts
|
$153.47M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$589.25M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$587.67M | USD | 1 Quarter |
| Costs of sales and operating expenses |
CostsOfSalesAndOperatingExpenses
|
$383.23M | USD | 1 Quarter |
| Costs of sales and operating expenses |
CostsOfSalesAndOperatingExpenses
|
$384.78M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$53.60M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$51.04M | USD | 1 Quarter |
| Taxes, other than on income |
TaxesExcludingIncomeAndExciseTaxes
|
$4.54M | USD | 1 Quarter |
| Taxes, other than on income |
TaxesExcludingIncomeAndExciseTaxes
|
$4.58M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$45.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$41.04M | USD | 1 Quarter |
| Gain on disposition of assets |
GainLossOnDispositionOfAssets
|
$51.00K | USD | 1 Quarter |
| Gain on disposition of assets |
GainLossOnDispositionOfAssets
|
$1.55M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$482.39M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$484.58M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$103.09M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$106.85M | USD | 1 Quarter |
| Other income (expense) |
NonoperatingIncomeExpense
|
$60.00K | USD | 1 Quarter |
| Other income (expense) |
NonoperatingIncomeExpense
|
$-236.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.62M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$5.25M | USD | 1 Quarter |
| Earnings before taxes on income |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$97.90M | USD | 1 Quarter |
| Earnings before taxes on income |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$101.00M | USD | 1 Quarter |
| Provision for taxes on income |
IncomeTaxExpenseBenefit
|
$37.99M | USD | 1 Quarter |
| Provision for taxes on income |
IncomeTaxExpenseBenefit
|
$36.49M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$63.01M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$61.41M | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$765.00K | USD | 1 Quarter |
| Less: Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$333.00K | USD | 1 Quarter |
| Net earnings attributable to Kirby |
NetIncomeLoss
|
$61.08M | USD | 1 Quarter |
| Net earnings attributable to Kirby |
NetIncomeLoss
|
$62.25M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.09 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.09 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.09 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.09 | USD | 1 Quarter |
Cash Flow Statement
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$63.01M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$61.41M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$45.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$41.04M | USD | 1 Quarter |
| Provision for deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$8.78M | USD | 1 Quarter |
| Provision for deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$7.18M | USD | 1 Quarter |
| Amortization of unearned share-based compensation |
ShareBasedCompensation
|
$2.15M | USD | 1 Quarter |
| Amortization of unearned share-based compensation |
ShareBasedCompensation
|
$2.54M | USD | 1 Quarter |
| Amortization of major maintenance costs |
AmortizationOfMajorMaintenanceCosts
|
$3.68M | USD | 1 Quarter |
| Amortization of major maintenance costs |
AmortizationOfMajorMaintenanceCosts
|
$4.93M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$1.12M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$79.00K | USD | 1 Quarter |
| Decrease in cash flows resulting from changes in operating assets and liabilities, net |
IncreaseDecreaseInOperatingCapital
|
$18.14M | USD | 1 Quarter |
| Decrease in cash flows resulting from changes in operating assets and liabilities, net |
IncreaseDecreaseInOperatingCapital
|
$3.38M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$102.56M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$115.21M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$62.26M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$96.53M | USD | 1 Quarter |
| Acquisition of marine equipment |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisition of marine equipment |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$41.25M | USD | 1 Quarter |
| Proceeds from disposition of assets |
ProceedsFromSaleOfProductiveAssets
|
$10.24M | USD | 1 Quarter |
| Proceeds from disposition of assets |
ProceedsFromSaleOfProductiveAssets
|
$363.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-61.89M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-127.54M | USD | 1 Quarter |
| Borrowings (payments) on bank credit facilities, net |
RepaymentsOfLinesOfCredit
|
$-102.20M | USD | 1 Quarter |
| Borrowings (payments) on bank credit facilities, net |
RepaymentsOfLinesOfCredit
|
$41.15M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$4.33M | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$375.00K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$98.01M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Payment of contingent liability |
PaymentOfContingentLiability
|
- | USD | 1 Quarter |
| Payment of contingent liability |
PaymentOfContingentLiability
|
$4.76M | USD | 1 Quarter |
| Excess tax benefit from equity compensation plans |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$1.01M | USD | 1 Quarter |
| Excess tax benefit from equity compensation plans |
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
$4.65M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.17M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-409.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$5.17M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-38.09M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$15.22M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-19.81M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$19.24M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$24.30M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$4.49M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$4.02M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.24M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$24.30M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.49M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$4.02M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$9.19M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$8.96M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$140.00K | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$565.00K | USD | 1 Quarter |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
ProfitLoss
|
$63.01M | USD | 1 Quarter |
| Net earnings |
ProfitLoss
|
$61.41M | USD | 1 Quarter |
| Pension and postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.11M | USD | 1 Quarter |
| Pension and postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-24.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-97.00K | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-17.00K | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
- | USD | 1 Quarter |
| Change in fair value of derivative instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$84.00K | USD | 1 Quarter |
| Total comprehensive income, net of taxes |
OtherComprehensiveIncomeLossNetOfTax
|
$1.01M | USD | 1 Quarter |
| Total comprehensive income, net of taxes |
OtherComprehensiveIncomeLossNetOfTax
|
$91.00K | USD | 1 Quarter |
| Total comprehensive income, net of taxes |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$63.10M | USD | 1 Quarter |
| Total comprehensive income, net of taxes |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$62.42M | USD | 1 Quarter |
| Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$765.00K | USD | 1 Quarter |
| Net earnings attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$333.00K | USD | 1 Quarter |
| Comprehensive income attributable to Kirby |
ComprehensiveIncomeNetOfTax
|
$62.09M | USD | 1 Quarter |
| Comprehensive income attributable to Kirby |
ComprehensiveIncomeNetOfTax
|
$62.34M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.