10-Q Filing

ENCORE WIRE CORP CIK: 850460 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-211982`
Period End Date	20120331
Filing Date	20120504
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	wire-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 28 Cash Flow Statement 43

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.10M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$75.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time
Preferred stock, share issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable (net of allowance of $2,102 and $2,102)	`AccountsReceivableNetCurrent`	$227.82M	USD	Point-in-time
Preferred stock, share issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable (net of allowance of $2,102 and $2,102)	`AccountsReceivableNetCurrent`	$199.37M	USD	Point-in-time
Inventories	`InventoryNet`	$63.49M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$57.38M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Common stock , shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.22M	USD	Point-in-time
Common stock , shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$3.58M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.59M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.59M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$1.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$377.05M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.16M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$377.92M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.16M	shares	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$17.97M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$17.97M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$12.48M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$16.23M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$75.95M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$75.95M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$186.03M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$191.21M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$7.95M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$7.95M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$300.38M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$309.31M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$161.55M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$164.93M	USD	Point-in-time
Property, plant and equipment--net	`PropertyPlantAndEquipmentNet`	$138.83M	USD	Point-in-time
Property, plant and equipment--net	`PropertyPlantAndEquipmentNet`	$144.39M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$267.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$260.00K	USD	Point-in-time
Total assets	`Assets`	$522.57M	USD	Point-in-time
Total assets	`Assets`	$516.15M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$14.68M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$17.69M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.62M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$25.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$8.58M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.17M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$1.41M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.89M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.57M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$15.83M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$16.36M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value: Authorized shares - 2,000,000; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value: Authorized shares - 2,000,000; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value: Authorized shares - 40,000,000; Issued shares - 26,589,403 and 26,586,703	`CommonStockValue`	$266.00K	USD	Point-in-time
Common stock, $.01 par value: Authorized shares - 40,000,000; Issued shares - 26,589,403 and 26,586,703	`CommonStockValue`	$266.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.34M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.70M	USD	Point-in-time
Treasury stock, at cost - 3,160,401 and 3,160,401 shares	`TreasuryStockValue`	$21.50M	USD	Point-in-time
Treasury stock, at cost - 3,160,401 and 3,160,401 shares	`TreasuryStockValue`	$21.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$431.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$437.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$464.32M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$457.74M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$516.15M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$522.57M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$280.47M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$303.35M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$256.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$269.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.46M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.08M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$18.15M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$15.61M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$9.38M	USD	1 Quarter
Net interest and other (income) expense	`NonoperatingIncomeExpense`	$6.00K	USD	1 Quarter
Net interest and other (income) expense	`NonoperatingIncomeExpense`	$20.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.40M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$15.61M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$2.71M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$4.96M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.69M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$10.65M	USD	1 Quarter
Net income (loss) per common and common equivalent share--basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Net income (loss) per common and common equivalent share--basic	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Weighted average common and common equivalent shares--basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.22M	shares	1 Quarter
Weighted average common and common equivalent shares--basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.43M	shares	1 Quarter
Net income (loss) per common and common equivalent share--diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Net income (loss) per common and common equivalent share--diluted	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Weighted average common and common equivalent shares--diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.48M	shares	1 Quarter
Weighted average common and common equivalent shares--diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.38M	shares	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.69M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.65M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.42M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.41M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-255.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-109.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$44.49M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.45M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.11M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.87M	USD	1 Quarter
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.92M	USD	1 Quarter
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.68M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.12M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.70M	USD	1 Quarter
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$5.42M	USD	1 Quarter
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.41M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-25.36M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-18.85M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.26M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.12M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$10.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$11.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-9.11M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-2.25M	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$43.00K	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$57.00K	USD	1 Quarter
Dividend paid	`PaymentsOfDividends`	$464.00K	USD	1 Quarter
Dividend paid	`PaymentsOfDividends`	$469.00K	USD	1 Quarter
Excess tax benefits of options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-407.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-421.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.02M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.38M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$75.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$75.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time

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