10-Q Filing

HALLADOR ENERGY CO CIK: 788965 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001144204-16-099577`
Period End Date	20160331
Filing Date	20160506
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	hnrg-20160331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 34 Cash Flow Statement 27 Stockholders Equity 9

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`	29.25M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	29.25M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.80M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.34M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.48M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.68M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$19.24M	USD	Point-in-time
Income tax receivable	`PrepaidTaxes`	$5.31M	USD	Point-in-time
Income tax receivable	`PrepaidTaxes`	$2.44M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$12.25M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$14.91M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$11.79M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$11.26M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$1.31M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$1.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$62.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$66.61M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$116.21M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$126.36M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$349.50M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$347.96M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$131.03M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$133.62M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$609.48M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$595.20M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$159.09M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$149.96M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$450.39M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$445.24M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$20.01M	USD	Point-in-time
Other assets (Note 5)	`OtherAssetsNoncurrent`	$11.42M	USD	Point-in-time
Total assets	`Assets`	$540.38M	USD	Point-in-time
Total assets	`Assets`	$547.59M	USD	Point-in-time
Current portion of bank debt	`LongTermDebtCurrent`	$24.26M	USD	Point-in-time
Current portion of bank debt	`LongTermDebtCurrent`	$24.86M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.18M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$19.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$51.04M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.16M	USD	Point-in-time
Bank debt	`LongTermLineOfCredit`	$225.60M	USD	Point-in-time
Bank debt	`LongTermLineOfCredit`	$219.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$49.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$50.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.23M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.48M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.90M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.75M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$290.99M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$282.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$335.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$333.56M	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; 29,251 shares outstanding for both periods	`CommonStockValue`	$292.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 29,251 shares outstanding for both periods	`CommonStockValue`	$292.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$92.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$92.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$114.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$119.31M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-88.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$34.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$212.45M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$206.82M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$547.59M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$540.38M	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Coal sales	`CoalProductsAndServicesRevenue`	$97.07M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$75.80M	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$752.00K	USD	1 Quarter
Other	`OtherSalesRevenueNet`	$490.00K	USD	1 Quarter
Revenue	`Revenues`	$98.00M	USD	1 Quarter
Revenue	`Revenues`	$75.89M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$49.78M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$66.15M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$9.18M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$11.34M	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$708.00K	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$419.00K	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$3.34M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$2.76M	USD	1 Quarter
Interest	`InterestExpense`	$5.84M	USD	1 Quarter
Interest	`InterestExpense`	$5.46M	USD	1 Quarter
Costs and expenses	`CostsAndExpenses`	$67.98M	USD	1 Quarter
Costs and expenses	`CostsAndExpenses`	$87.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$11.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.90M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$768.00K	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$1.42M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$970.00K	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$2.00M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$1.74M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$3.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.59M	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.25	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.21	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.96M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.25M	shares	1 Quarter
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$1.50M	USD	1 Quarter
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$1.30M	USD	Annual

Cash Flow Statement 27 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$19.11M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$21.96M	USD	1 Quarter
Purchase of assets	`PaymentsToAcquireProductiveAssets`	$18.00M	USD	1 Quarter
Mining equipment	`PaymentsToAcquireMiningAssets`	$8.25M	USD	1 Quarter
Mining equipment	`PaymentsToAcquireMiningAssets`	$6.05M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$589.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-190.00K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-24.64M	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.06M	USD	1 Quarter
Bank borrowings	`ProceedsFromOtherDebt`	$15.00M	USD	1 Quarter
Debt issuance cost	`PaymentsOfFinancingCosts`	$2.09M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$1.20M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$1.19M	USD	1 Quarter
Payments on bank debt	`RepaymentsOfBankDebt`	$14.38M	USD	1 Quarter
Payments on bank debt	`RepaymentsOfBankDebt`	$8.37M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-15.57M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.35M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.18M	USD	1 Quarter
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.67M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.75M	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`	$15.93M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.80M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.75M	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`	$15.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.80M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$212.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$206.82M	USD	Point-in-time
Stock-based compensation	`RestrictedStockExpense`	$536.00K	USD	1 Quarter
Dividends	`Dividends`	$1.19M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.59M	USD	1 Quarter
Other	`StockIssuedDuringPeriodValueOther`	$122.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$212.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$206.82M	USD	Point-in-time

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