10-Q Filing

ENCORE WIRE CORP CIK: 850460 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-341002`
Period End Date	20120630
Filing Date	20120807
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	wire-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 55 Cash Flow Statement 45

Balance Sheet 77 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.80M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $2,100 and $2,102	`AccountsReceivableNetCurrent`	$205.53M	USD	Point-in-time
Accounts receivable, net of allowance of $2,100 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`	$52.51M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$1.01M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.59M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.63M	USD	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
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$1.14M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.93M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.16M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$310.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$377.05M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovement`	$17.97M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovement`	$18.12M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$29.90M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$12.48M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$76.06M	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`	$191.72M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$7.95M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$8.19M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$323.99M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$300.38M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$168.27M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$161.55M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$155.72M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$138.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$626.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$260.00K	USD	Point-in-time
Total assets	`Assets`	$516.15M	USD	Point-in-time
Total assets	`Assets`	$466.90M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$14.68M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$31.57M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$18.56M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$25.31M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.17M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$1.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.13M	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`	$16.96M	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
Common stock, $.01 par value: Authorized shares 40,000,000; Issued shares 26,590,203 and 26,586,703	`CommonStockValue`	$266.00K	USD	Point-in-time
Common stock, $.01 par value: Authorized shares 40,000,000; Issued shares 26,590,203 and 26,586,703	`CommonStockValue`	$266.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$47.34M	USD	Point-in-time
Treasury stock, at cost 5,934,651 and 3,160,401 shares	`TreasuryStockValue`	$21.50M	USD	Point-in-time
Treasury stock, at cost 5,934,651 and 3,160,401 shares	`TreasuryStockValue`	$88.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$439.81M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$431.63M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$457.74M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$399.81M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$466.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$516.15M	USD	Point-in-time

Income Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$545.20M	USD	2 Qtrs
Net sales	`SalesRevenueGoodsNet`	$264.73M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$612.82M	USD	2 Qtrs
Net sales	`SalesRevenueGoodsNet`	$309.47M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$278.84M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$245.34M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$548.43M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$501.34M	USD	2 Qtrs
Gross profit	`GrossProfit`	$30.63M	USD	1 Quarter
Gross profit	`GrossProfit`	$19.39M	USD	1 Quarter
Gross profit	`GrossProfit`	$43.85M	USD	2 Qtrs
Gross profit	`GrossProfit`	$64.39M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.08M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.23M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.40M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.33M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.06M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.55M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.45M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$30.16M	USD	2 Qtrs
Net interest and other (income) expenses	`NonoperatingIncomeExpense`	$5.00K	USD	2 Qtrs
Net interest and other (income) expenses	`NonoperatingIncomeExpense`	$28.00K	USD	2 Qtrs
Net interest and other (income) expenses	`NonoperatingIncomeExpense`	$8.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.48M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.55M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.16M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.41M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$10.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$9.06M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.46M	USD	1 Quarter
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.87	USD	2 Qtrs
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.11	USD	1 Quarter
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.40	USD	2 Qtrs
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.71M	shares	2 Qtrs
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.00M	shares	1 Quarter
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.26M	shares	1 Quarter
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.24M	shares	2 Qtrs
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.40	USD	2 Qtrs
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.86	USD	2 Qtrs
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.11	USD	1 Quarter
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.76M	shares	2 Qtrs
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.41M	shares	1 Quarter
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.04M	shares	1 Quarter
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.39M	shares	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.04	USD	2 Qtrs
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Cash dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.04	USD	2 Qtrs

Cash Flow Statement 45 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$9.06M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$20.11M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.87M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.24M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.91M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$305.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-372.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.17M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$56.39M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$13.05M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.99M	USD	2 Qtrs
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.20M	USD	2 Qtrs
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.05M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-380.00K	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$773.00K	USD	2 Qtrs
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-3.04M	USD	2 Qtrs
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.18M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$26.97M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-50.62M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.51M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.04M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$11.00K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-5.51M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-24.03M	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$56.00K	USD	2 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$613.00K	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$66.64M	USD	2 Qtrs
Dividend paid	`PaymentsOfDividends`	$937.00K	USD	2 Qtrs
Dividend paid	`PaymentsOfDividends`	$929.00K	USD	2 Qtrs
Excess tax benefits of options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.00K	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-67.51M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-316.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-64.57M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-56.45M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.73M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.80M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$103.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.80M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$112.30M	USD	Point-in-time

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