10-Q Filing

HALLADOR ENERGY CO CIK: 788965 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001144204-15-063354`
Period End Date	20150930
Filing Date	20151106
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	hnrg-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 68 Cash Flow Statement 26 Stockholders Equity 13

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
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, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	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
Common stock, outstanding	`CommonStockSharesOutstanding`	28.96M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	29.06M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.02M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.66M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.43M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$27.30M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$26.12M	USD	Point-in-time
Income tax receivable	`PrepaidTaxes`	$5.79M	USD	Point-in-time
Income tax receivable	`PrepaidTaxes`	$4.83M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$10.70M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$19.72M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$12.98M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$14.92M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$1.47M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$1.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$77.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$84.41M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$116.03M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$115.96M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$346.49M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$323.76M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$124.44M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$127.75M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$564.22M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$590.20M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$138.95M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$106.61M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$451.25M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$457.61M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$16.47M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$18.85M	USD	Point-in-time
Total assets	`Assets`	$563.40M	USD	Point-in-time
Total assets	`Assets`	$579.59M	USD	Point-in-time
Current portion of bank debt	`LongTermDebtCurrent`	$26.25M	USD	Point-in-time
Current portion of bank debt	`LongTermDebtCurrent`	$21.88M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$28.11M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$28.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.17M	USD	Point-in-time
Bank debt	`LongTermLineOfCredit`	$239.78M	USD	Point-in-time
Bank debt	`LongTermLineOfCredit`	$284.47M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$41.58M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.88M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.07M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.10M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.60M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.11M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$300.88M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$339.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$389.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$356.05M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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; 29,058 and 28,962, shares outstanding, respectively	`CommonStockValue`	$290.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 29,058 and 28,962, shares outstanding, respectively	`CommonStockValue`	$289.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$92.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$90.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$99.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$115.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$365.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$189.88M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$207.35M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$563.40M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$579.59M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Coal sales	`CoalProductsAndServicesRevenue`	$133.91M	USD	3 Qtrs
Coal sales	`CoalProductsAndServicesRevenue`	$64.76M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$81.33M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$273.73M	USD	3 Qtrs
Other	`OtherSalesRevenueNet`	$753.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$237.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$717.00K	USD	3 Qtrs
Other	`OtherSalesRevenueNet`	$1.62M	USD	3 Qtrs
Revenue	`Revenues`	$275.27M	USD	3 Qtrs
Revenue	`Revenues`	$66.32M	USD	1 Quarter
Revenue	`Revenues`	$82.01M	USD	1 Quarter
Revenue	`Revenues`	$140.55M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$101.69M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$56.99M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$191.43M	USD	3 Qtrs
Operating costs and expenses	`CostOfCoalProductsAndServices`	$52.59M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$17.13M	USD	3 Qtrs
DD&A	`DepreciationDepletionAndAmortization`	$6.98M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$32.76M	USD	3 Qtrs
DD&A	`DepreciationDepletionAndAmortization`	$10.65M	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$381.00K	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$1.91M	USD	3 Qtrs
Coal exploration costs	`ExplorationExpenseMining`	$716.00K	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$1.58M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$9.43M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$2.51M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$7.22M	USD	3 Qtrs
SG&A	`SellingGeneralAndAdministrativeExpense`	$3.00M	USD	1 Quarter
Interest	`InterestExpense`	$1.82M	USD	1 Quarter
Interest	`InterestExpense`	$5.18M	USD	1 Quarter
Interest	`InterestExpense`	$13.96M	USD	3 Qtrs
Interest	`InterestExpense`	$2.69M	USD	3 Qtrs
Acquisition deal costs	`BusinessCombinationIntegrationRelatedCosts`	$8.91M	USD	3 Qtrs
Acquisition deal costs	`BusinessCombinationIntegrationRelatedCosts`	$8.91M	USD	1 Quarter
Costs and expenses	`CostsAndExpenses`	$76.20M	USD	1 Quarter
Costs and expenses	`CostsAndExpenses`	$249.15M	USD	3 Qtrs
Costs and expenses	`CostsAndExpenses`	$73.53M	USD	1 Quarter
Costs and expenses	`CostsAndExpenses`	$139.55M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.21M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.81M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.12M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$-157.00K	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$680.00K	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$1.23M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$4.24M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-14.00K	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-4.07M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$5.30M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$-1.28M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$-1.44M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$177.00K	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$6.53M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$666.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.77M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.14M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$826.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.59M	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.65	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.03	USD	3 Qtrs
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.17	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.20	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.04M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.01M	shares	3 Qtrs
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.77M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.77M	shares	3 Qtrs
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$1.86M	USD	3 Qtrs
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$1.25M	USD	1 Quarter

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.57M	USD	3 Qtrs
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.73M	USD	3 Qtrs
Capital expenditures for coal properties	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-14.33M	USD	3 Qtrs
Capital expenditures for coal properties	`IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities`	$-27.11M	USD	3 Qtrs
Acquisition	`PaymentsToAcquireMarketableSecurities`	$319.76M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-478.00K	USD	3 Qtrs
Cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-334.09M	USD	3 Qtrs
Cash (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.63M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$3.60M	USD	3 Qtrs
Dividends	`PaymentsOfDividendsCommonStock`	$3.59M	USD	3 Qtrs
Bank borrowings	`ProceedsFromOtherDebt`	$350.00M	USD	3 Qtrs
Payments on bank debt	`RepaymentsOfBankDebt`	$40.31M	USD	3 Qtrs
Payments on bank debt	`RepaymentsOfBankDebt`	$20.38M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.88M	USD	3 Qtrs
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$319.15M	USD	3 Qtrs
Cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.91M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.03M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.79M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.23M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.47M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.02M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.23M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.47M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.02M	USD	Point-in-time

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$189.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$207.35M	USD	Point-in-time
Stock-based compensation	`RestrictedStockExpense`	$2.36M	USD	3 Qtrs
Stock issued on vesting of RSUs	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	3 Qtrs
Taxes paid on RSU vesting	`TaxesPaidOnRestrictedStockUnitsVesting`	$-543.00K	USD	3 Qtrs
Dividends	`Dividends`	$3.60M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.77M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.14M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$826.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$19.59M	USD	3 Qtrs
Other	`StockIssuedDuringPeriodValueOther`	$-340.00K	USD	3 Qtrs
Balance	`StockholdersEquity`	$189.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$207.35M	USD	Point-in-time

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