10-Q Filing

HALLADOR ENERGY CO CIK: 788965 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001144204-17-025297`
Period End Date	20170331
Filing Date	20170508
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	hnrg-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 36 Cash Flow Statement 28 Stockholders Equity 9

Balance Sheet 82 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`	29.41M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	29.41M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.76M	USD	Point-in-time
Restricted cash (Note 5)	`RestrictedCashAndCashEquivalents`	$3.08M	USD	Point-in-time
Restricted cash (Note 5)	`RestrictedCashAndCashEquivalents`	$2.82M	USD	Point-in-time
Certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$5.38M	USD	Point-in-time
Certificates of deposit	`CertificatesOfDepositAtCarryingValue`	$7.32M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.78M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$1.76M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$22.31M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$16.01M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$10.10M	USD	Point-in-time
Coal inventory	`EnergyRelatedInventoryCoal`	$19.89M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$10.29M	USD	Point-in-time
Parts and supply inventory	`OtherInventorySupplies`	$10.09M	USD	Point-in-time
Purchased coal contracts	`CommodityContractAssetCurrent`	$6.84M	USD	Point-in-time
Purchased coal contracts	`CommodityContractAssetCurrent`	$8.92M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.98M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$9.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$90.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$82.75M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$126.31M	USD	Point-in-time
Land and mineral rights	`MineralRights`	$126.30M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$339.40M	USD	Point-in-time
Buildings and equipment	`PropertyPlantAndEquipmentGross`	$340.00M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$126.04M	USD	Point-in-time
Mine development	`ConstructionInProgressGross`	$128.81M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$592.34M	USD	Point-in-time
Total coal properities, at cost	`CoalPropertiesAtCost`	$594.52M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$178.12M	USD	Point-in-time
Less - accumulated DD&A	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$169.58M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$416.40M	USD	Point-in-time
Total coal properties, net	`CoalPropertiesNet`	$422.76M	USD	Point-in-time
Other assets (Note 4)	`OtherAssetsNoncurrent`	$14.30M	USD	Point-in-time
Other assets (Note 4)	`OtherAssetsNoncurrent`	$14.11M	USD	Point-in-time
Total assets	`Assets`	$532.65M	USD	Point-in-time
Total assets	`Assets`	$531.32M	USD	Point-in-time
Current portion of bank debt, net	`LinesOfCreditCurrent`	$30.98M	USD	Point-in-time
Current portion of bank debt, net	`LinesOfCreditCurrent`	$28.80M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$19.77M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$19.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.19M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.57M	USD	Point-in-time
Bank debt, net	`LongTermLineOfCredit`	$204.94M	USD	Point-in-time
Bank debt, net	`LongTermLineOfCredit`	$196.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$45.17M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$45.81M	USD	Point-in-time
Asset retirement obligations (ARO)	`AssetRetirementObligationsNoncurrent`	$13.43M	USD	Point-in-time
Asset retirement obligations (ARO)	`AssetRetirementObligationsNoncurrent`	$13.26M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.49M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.65M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$265.86M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$258.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$308.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$314.43M	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; 29,413 and 29,413 shares outstanding, respectively	`CommonStockValue`	$294.00K	USD	Point-in-time
Common stock, $.01 par value, 100,000 shares authorized; 29,413 and 29,413 shares outstanding, respectively	`CommonStockValue`	$294.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$94.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$93.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$122.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$128.26M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$774.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$728.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$216.89M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$223.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$532.65M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$531.32M	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Coal sales	`CoalProductsAndServicesRevenue`	$75.80M	USD	1 Quarter
Coal sales	`CoalProductsAndServicesRevenue`	$62.55M	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$767.00K	USD	1 Quarter
Other income	`OtherSalesRevenueNet`	$490.00K	USD	1 Quarter
Total revenue	`Revenues`	$63.55M	USD	1 Quarter
Total revenue	`Revenues`	$75.89M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$39.69M	USD	1 Quarter
Operating costs and expenses	`CostOfCoalProductsAndServices`	$49.78M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$9.18M	USD	1 Quarter
DD&A	`DepreciationDepletionAndAmortization`	$9.70M	USD	1 Quarter
ARO accretion	`AccretionExpense`	$249.00K	USD	1 Quarter
ARO accretion	`AccretionExpense`	$207.00K	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$419.00K	USD	1 Quarter
Coal exploration costs	`ExplorationExpenseMining`	$139.00K	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$2.66M	USD	1 Quarter
SG&A	`SellingGeneralAndAdministrativeExpense`	$2.76M	USD	1 Quarter
Interest	`InterestExpense`	$5.60M	USD	1 Quarter
Interest	`InterestExpense`	$3.09M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$55.49M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$67.98M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.90M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.06M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$768.00K	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$17.00K	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$632.00K	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$970.00K	USD	1 Quarter
Total income taxes	`IncomeTaxExpenseBenefit`	$1.74M	USD	1 Quarter
Total income taxes	`IncomeTaxExpenseBenefit`	$649.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.21	USD	1 Quarter
Basic and diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.25	USD	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.25M	shares	1 Quarter
Basic and diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	29.41M	shares	1 Quarter
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$-420.00K	USD	1 Quarter
Net change in the estimated fair value of interest rate swap	`IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1`	$1.50M	USD	1 Quarter

Cash Flow Statement 28 line items

Line Item	Tag	Value	Unit	Period
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.58M	USD	1 Quarter
Cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$19.11M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherProductiveAssets`	$6.05M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquireOtherProductiveAssets`	$3.09M	USD	1 Quarter
Proceeds from sale of equipment	`ProceedsFromSaleOfMachineryAndEquipment`	$325.00K	USD	1 Quarter
Proceeds from maturities of certificates of deposit	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$1.94M	USD	1 Quarter
Purchase of mining assets	`PaymentsToAcquireMiningAssets`	$18.00M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$589.00K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-833.00K	USD	1 Quarter
Cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-24.64M	USD	1 Quarter
Payments on bank debt	`RepaymentsOfBankDebt`	$8.37M	USD	1 Quarter
Payments on bank debt	`RepaymentsOfBankDebt`	$6.56M	USD	1 Quarter
Bank borrowings	`ProceedsFromOtherDebt`	$15.00M	USD	1 Quarter
Debt issuance cost	`PaymentsOfFinancingCosts`	$2.09M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$1.19M	USD	1 Quarter
Dividends	`PaymentsOfDividendsCommonStock`	$1.21M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-7.77M	USD	1 Quarter
Cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.35M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.97M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.18M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.75M	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`	$13.76M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.79M	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`	$15.93M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.76M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$216.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$223.93M	USD	Point-in-time
Stock-based compensation	`RestrictedStockExpense`	$781.00K	USD	1 Quarter
Dividends	`Dividends`	$1.21M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.41M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.16M	USD	1 Quarter
Other	`StockholdersEquityOther`	$46.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$216.89M	USD	Point-in-time
Balance	`StockholdersEquity`	$223.93M	USD	Point-in-time

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