10-Q Filing

DUCOMMUN INC /DE/ CIK: 30305 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-337864`
Period End Date	20120630
Filing Date	20120806
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	dco-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 62 Cash Flow Statement 60

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$96.17M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$100.28M	USD	Point-in-time
Unbilled receivables	`UnbilledContractsReceivable`	$3.29M	USD	Point-in-time
Unbilled receivables	`UnbilledContractsReceivable`	$4.30M	USD	Point-in-time
Inventories	`InventoryNet`	$154.50M	USD	Point-in-time
Inventories	`InventoryNet`	$159.30M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$19.95M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$18.71M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsDeferredIncome`	$12.24M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsDeferredIncome`	$12.02M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.65M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.97M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$340.79M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$345.31M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$99.44M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$98.48M	USD	Point-in-time
Goodwill	`Goodwill`	$163.84M	USD	Point-in-time
Goodwill	`Goodwill`	$161.94M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$187.85M	USD	Point-in-time
Intangibles	`IntangibleAssetsNetExcludingGoodwill`	$182.10M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$17.12M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$15.84M	USD	Point-in-time
Total Assets	`Assets`	$808.09M	USD	Point-in-time
Total Assets	`Assets`	$804.63M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.96M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.94M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.80M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$53.82M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$50.91M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$116.46M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$108.65M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$390.28M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$389.32M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$68.31M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$72.04M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$24.99M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$25.02M	USD	Point-in-time
Total Liabilities	`Liabilities`	$591.27M	USD	Point-in-time
Total Liabilities	`Liabilities`	$603.80M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$107.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$107.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.92M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$64.38M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$65.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$156.94M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$149.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.33M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.33M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$204.28M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$213.36M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$808.09M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$804.63M	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Product sales	`SalesRevenueGoodsNet`	$177.14M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$354.64M	USD	2 Qtrs
Product sales	`SalesRevenueGoodsNet`	$100.94M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$192.28M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$14.41M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$15.32M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$7.10M	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$7.57M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$369.05M	USD	2 Qtrs
Net Sales	`SalesRevenueNet`	$207.60M	USD	2 Qtrs
Net Sales	`SalesRevenueNet`	$184.71M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$108.04M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$156.38M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$142.54M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$286.94M	USD	2 Qtrs
Cost of product sales	`CostOfGoodsSold`	$81.54M	USD	1 Quarter
Cost of service revenues	`CostOfServices`	$11.68M	USD	2 Qtrs
Cost of service revenues	`CostOfServices`	$11.80M	USD	2 Qtrs
Cost of service revenues	`CostOfServices`	$5.50M	USD	1 Quarter
Cost of service revenues	`CostOfServices`	$6.21M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$37.75M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$44.55M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$21.94M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$23.60M	USD	1 Quarter
Total Operating Costs and Expenses	`CostsAndExpenses`	$170.69M	USD	1 Quarter
Total Operating Costs and Expenses	`CostsAndExpenses`	$343.18M	USD	2 Qtrs
Total Operating Costs and Expenses	`CostsAndExpenses`	$110.64M	USD	1 Quarter
Total Operating Costs and Expenses	`CostsAndExpenses`	$205.93M	USD	2 Qtrs
Operating Income/(Loss)	`OperatingIncomeLoss`	$25.87M	USD	2 Qtrs
Operating Income/(Loss)	`OperatingIncomeLoss`	$14.01M	USD	1 Quarter
Operating Income/(Loss)	`OperatingIncomeLoss`	$1.67M	USD	2 Qtrs
Operating Income/(Loss)	`OperatingIncomeLoss`	$-2.59M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-16.47M	USD	2 Qtrs
Interest Expense	`InterestIncomeExpenseNet`	$-1.53M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-1.79M	USD	2 Qtrs
Interest Expense	`InterestIncomeExpenseNet`	$-8.23M	USD	1 Quarter
Income/(Loss) Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.40M	USD	2 Qtrs
Income/(Loss) Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.12M	USD	1 Quarter
Income/(Loss) Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.78M	USD	1 Quarter
Income/(Loss) Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-125.00K	USD	2 Qtrs
Income Tax (Expense)/Benefit	`IncomeTaxExpenseBenefit`	$1.50M	USD	2 Qtrs
Income Tax (Expense)/Benefit	`IncomeTaxExpenseBenefit`	$-1.15M	USD	1 Quarter
Income Tax (Expense)/Benefit	`IncomeTaxExpenseBenefit`	$-75.00K	USD	2 Qtrs
Income Tax (Expense)/Benefit	`IncomeTaxExpenseBenefit`	$271.00K	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$5.51M	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$7.90M	USD	2 Qtrs
Net Income/(Loss)	`NetIncomeLoss`	$-2.97M	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$-50.00K	USD	2 Qtrs
Basic earnings/(loss) per share	`EarningsPerShareBasic`	$0.52	USD	1 Quarter
Basic earnings/(loss) per share	`EarningsPerShareBasic`	$0.75	USD	2 Qtrs
Basic earnings/(loss) per share	`EarningsPerShareBasic`	$-0.28	USD	1 Quarter
Diluted earnings/(loss) per share	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Diluted earnings/(loss) per share	`EarningsPerShareDiluted`	$0.75	USD	2 Qtrs
Diluted earnings/(loss) per share	`EarningsPerShareDiluted`	$-0.28	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.54M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.56M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.58M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.53M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.66M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.56M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.70M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Income/(Loss)	`NetIncomeLoss`	$5.51M	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$7.90M	USD	2 Qtrs
Net Income/(Loss)	`NetIncomeLoss`	$-2.97M	USD	1 Quarter
Net Income/(Loss)	`NetIncomeLoss`	$-50.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.61M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.81M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.46M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.04M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-1.49M	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-3.96M	USD	2 Qtrs
Income tax benefit from stock-based compensation	`TaxBenefitFromStockOptionsExercised1`	$274.00K	USD	2 Qtrs
Income tax benefit from stock-based compensation	`TaxBenefitFromStockOptionsExercised1`	$324.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$31.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$69.00K	USD	2 Qtrs
Other-decrease, net	`OtherNoncashIncomeExpense`	$-478.00K	USD	2 Qtrs
Other-decrease, net	`OtherNoncashIncomeExpense`	$-1.50M	USD	2 Qtrs
Accounts receivable-(increase)	`IncreaseDecreaseInAccountsReceivable`	$4.17M	USD	2 Qtrs
Accounts receivable-(increase)	`IncreaseDecreaseInAccountsReceivable`	$13.09M	USD	2 Qtrs
Unbilled receivables-(increase)/decrease	`IncreaseDecreaseInUnbilledReceivables`	$1.02M	USD	2 Qtrs
Unbilled receivables-(increase)/decrease	`IncreaseDecreaseInUnbilledReceivables`	$-379.00K	USD	2 Qtrs
Inventories-(increase)	`IncreaseDecreaseInInventories`	$12.11M	USD	2 Qtrs
Inventories-(increase)	`IncreaseDecreaseInInventories`	$4.80M	USD	2 Qtrs
Production cost of contracts-(increase)/decrease	`IncreaseDecreaseInContractReceivablesNet`	$1.52M	USD	2 Qtrs
Production cost of contracts-(increase)/decrease	`IncreaseDecreaseInContractReceivablesNet`	$-815.00K	USD	2 Qtrs
Other-decrease/(increase), net	`IncreaseDecreaseInOtherOperatingAssets`	$-4.71M	USD	2 Qtrs
Other-decrease/(increase), net	`IncreaseDecreaseInOtherOperatingAssets`	$3.83M	USD	2 Qtrs
Accounts payable-(decrease)/increase	`IncreaseDecreaseInAccountsPayable`	$441.00K	USD	2 Qtrs
Accounts payable-(decrease)/increase	`IncreaseDecreaseInAccountsPayable`	$-4.88M	USD	2 Qtrs
Accrued and other liabilities-(decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOthers`	$3.29M	USD	2 Qtrs
Accrued and other liabilities-(decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOthers`	$3.21M	USD	2 Qtrs
Net Cash Provided by/(Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$5.71M	USD	2 Qtrs
Net Cash Provided by/(Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-22.88M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.76M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.80M	USD	2 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$325.71M	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$11.00K	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$448.00K	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.75M	USD	2 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-331.07M	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$170.00K	USD	2 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$973.00K	USD	2 Qtrs
Borrowings of senior notes and term loan	`ProceedsFromIssuanceOfDebt`	$390.00M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$790.00K	USD	2 Qtrs
Debt issue cost paid	`PaymentsOfDebtIssuanceCosts`	$14.03M	USD	2 Qtrs
Net cash effect of exercise related to stock options	`ProceedsFromStockOptionsExercised`	$-186.00K	USD	2 Qtrs
Net cash effect of exercise related to stock options	`ProceedsFromStockOptionsExercised`	$18.00K	USD	2 Qtrs
Net Cash (Used in)/Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$375.03M	USD	2 Qtrs
Net Cash (Used in)/Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.16M	USD	2 Qtrs
Net (Decrease)/Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-4.20M	USD	2 Qtrs
Net (Decrease)/Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$21.08M	USD	2 Qtrs
Cash and Cash Equivalents-Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time
Cash and Cash Equivalents-Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$31.35M	USD	Point-in-time
Cash and Cash Equivalents-Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.25M	USD	Point-in-time
Cash and Cash Equivalents-Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and Cash Equivalents-End of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time
Cash and Cash Equivalents-End of Period	`CashAndCashEquivalentsAtCarryingValue`	$31.35M	USD	Point-in-time
Cash and Cash Equivalents-End of Period	`CashAndCashEquivalentsAtCarryingValue`	$37.25M	USD	Point-in-time
Cash and Cash Equivalents-End of Period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time

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