10-K/A Filing

TEXAS INDUSTRIES INC CIK: 97472 FY 2012

Filing Information

Form Type	10-K/A
Accession Number	`0001193125-12-347138`
Period End Date	20120531
Filing Date	20120809
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	txi-20120531.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 44 Cash Flow Statement 81 Stockholders Equity 18 Comprehensive Income 2

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$74.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	28.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$116.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$88.03M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	27.89M	shares	Point-in-time
Receivables-net	`ReceivablesNetCurrent`	$98.84M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	27.89M	shares	Point-in-time
Receivables-net	`ReceivablesNetCurrent`	$85.82M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.00M	shares	Point-in-time
Inventories	`InventoryNet`	$129.51M	USD	Point-in-time
Inventories	`InventoryNet`	$140.65M	USD	Point-in-time
Deferred income taxes and prepaid expenses	`DeferredIncomeTaxesAndPrepaidExpenses`	$19.01M	USD	Point-in-time
Deferred income taxes and prepaid expenses	`DeferredIncomeTaxesAndPrepaidExpenses`	$22.04M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$364.94M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$335.38M	USD	Point-in-time
Land and land improvements	`Land`	$172.25M	USD	Point-in-time
Land and land improvements	`Land`	$158.23M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$51.98M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$59.32M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.18B	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$1.22B	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$357.64M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$437.17M	USD	Point-in-time
TOTAL PROPERTY, PLANT AND EQUIPMENT (Gross)	`PropertyPlantAndEquipmentGross`	$1.85B	USD	Point-in-time
TOTAL PROPERTY, PLANT AND EQUIPMENT (Gross)	`PropertyPlantAndEquipmentGross`	$1.80B	USD	Point-in-time
Less depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$642.33M	USD	Point-in-time
Less depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$650.45M	USD	Point-in-time
TOTAL PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentNet`	$1.16B	USD	Point-in-time
TOTAL PROPERTY, PLANT AND EQUIPMENT	`PropertyPlantAndEquipmentNet`	$1.20B	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Real estate and investments	`RealEstateAndInvestments`	$6.75M	USD	Point-in-time
Real estate and investments	`RealEstateAndInvestments`	$20.86M	USD	Point-in-time
Deferred income taxes and other charges	`DeferredIncomeTaxesAndOtherAssetsNoncurrent`	$23.37M	USD	Point-in-time
Deferred income taxes and other charges	`DeferredIncomeTaxesAndOtherAssetsNoncurrent`	$22.19M	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$30.66M	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssetsNoncurrent`	$45.95M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.53B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.58B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.55B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$56.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$64.83M	USD	Point-in-time
Accrued interest, compensation and other	`AccruedLiabilitiesCurrent`	$61.32M	USD	Point-in-time
Accrued interest, compensation and other	`AccruedLiabilitiesCurrent`	$58.85M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.21M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$73.00K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$115.71M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$127.36M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$652.40M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$656.95M	USD	Point-in-time
OTHER CREDITS	`OtherLiabilitiesNoncurrent`	$87.32M	USD	Point-in-time
OTHER CREDITS	`OtherLiabilitiesNoncurrent`	$96.35M	USD	Point-in-time
Common stock, $1 par value; authorized 100,000 shares; issued and outstanding 27,996 and 27,887 shares, respectively	`CommonStockValue`	$27.89M	USD	Point-in-time
Common stock, $1 par value; authorized 100,000 shares; issued and outstanding 27,996 and 27,887 shares, respectively	`CommonStockValue`	$28.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$488.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$481.71M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$204.14M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$198.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-24.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.76M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$761.25M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$695.58M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$696.27M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.55B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.58B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$621.81M	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$621.06M	USD	Annual
Net sales	`SalesRevenueGoodsNet`	$647.00M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$596.51M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$601.26M	USD	Annual
Cost of products sold	`CostOfGoodsSold`	$562.07M	USD	Annual
GROSS PROFIT	`GrossProfit`	$59.00M	USD	Annual
GROSS PROFIT	`GrossProfit`	$45.75M	USD	Annual
GROSS PROFIT	`GrossProfit`	$25.30M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$76.42M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$79.42M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.06M	USD	Annual
Restructuring charges	`RestructuringCharges`	$3.22M	USD	Annual
Interest	`InterestExpense`	$47.58M	USD	Annual
Interest	`InterestExpense`	$52.24M	USD	Annual
Interest	`InterestExpense`	$34.84M	USD	Annual
Loss on debt retirements	`GainsLossesOnExtinguishmentOfDebt`	$-29.62M	USD	Annual
Other income	`OtherOperatingIncome`	$10.67M	USD	Annual
Other income	`OtherOperatingIncome`	$21.51M	USD	Annual
Other income	`OtherOperatingIncome`	$73.83M	USD	Annual
TOTAL EXPENSES	`TotalNetExpenses`	$120.99M	USD	Annual
TOTAL EXPENSES	`TotalNetExpenses`	$132.11M	USD	Annual
TOTAL EXPENSES	`TotalNetExpenses`	$37.27M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.47M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-106.81M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.99M	USD	Annual
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$-23.14M	USD	Annual
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$-41.89M	USD	Annual
Income taxes (benefit)	`IncomeTaxExpenseBenefit`	$996.00K	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$7.48M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-64.91M	USD	Annual
NET INCOME (LOSS)	`NetIncomeLoss`	$-38.85M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.27	USD	Annual
Basic	`EarningsPerShareBasic`	$-1.40	USD	Annual
Basic	`EarningsPerShareBasic`	$-2.33	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.27	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-1.40	USD	Annual
Diluted	`EarningsPerShareDiluted`	$-2.33	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.91M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.74M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	27.82M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	28.02M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.82M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.74M	shares	Annual

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-64.91M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-38.85M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$60.95M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$64.30M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$63.92M	USD	Annual
Gains on asset disposals	`GainLossOnSaleOfAssets`	$13.64M	USD	Annual
Gains on asset disposals	`GainLossOnSaleOfAssets`	$67.61M	USD	Annual
Gains on asset disposals	`GainLossOnSaleOfAssets`	$1.35M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-9.13M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-42.88M	USD	Annual
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-88.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$2.39M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.58M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.10M	USD	Annual
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$250.00K	USD	Annual
Loss on debt retirements	`GainsLossesOnExtinguishmentOfDebt`	$-29.62M	USD	Annual
Other-net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$3.16M	USD	Annual
Other-net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$14.00M	USD	Annual
Other-net	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.22M	USD	Annual
Receivables-net	`IncreaseDecreaseInReceivables`	$13.30M	USD	Annual
Receivables-net	`IncreaseDecreaseInReceivables`	$5.42M	USD	Annual
Receivables-net	`IncreaseDecreaseInReceivables`	$-13.38M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-2.16M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-10.83M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-13.71M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.39M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-387.00K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.30M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.05M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.92M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.17M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$48.15M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.24M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.17M	USD	Annual
Capital expenditures-expansions	`PaymentsForMajorPlantExpansions`	$25.43M	USD	Annual
Capital expenditures-expansions	`PaymentsForMajorPlantExpansions`	$5.34M	USD	Annual
Capital expenditures-expansions	`PaymentsForMajorPlantExpansions`	$72.91M	USD	Annual
Capital expenditures-other	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.25M	USD	Annual
Capital expenditures-other	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.43M	USD	Annual
Capital expenditures-other	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.32M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$66.84M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$21.59M	USD	Annual
Proceeds from asset disposals	`ProceedsFromSaleOfProductiveAssets`	$3.60M	USD	Annual
Investments in life insurance contracts	`PaymentsForProceedsFromLifeInsurancePolicies`	$-3.35M	USD	Annual
Investments in life insurance contracts	`PaymentsForProceedsFromLifeInsurancePolicies`	$-4.07M	USD	Annual
Investments in life insurance contracts	`PaymentsForProceedsFromLifeInsurancePolicies`	$-6.97M	USD	Annual
Other-net	`PaymentsForProceedsFromOtherInvestingActivities`	$245.00K	USD	Annual
Other-net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.27M	USD	Annual
Other-net	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.08M	USD	Annual
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.38M	USD	Annual
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.75M	USD	Annual
Net cash provided (used) by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$16.98M	USD	Annual
Long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$650.00M	USD	Annual
Debt retirements	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$300.00K	USD	Annual
Debt retirements	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$245.00K	USD	Annual
Debt retirements	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$561.63M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.55M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.83M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.49M	USD	Annual
Stock option exercises	`ProceedsFromStockOptionsExercised`	$1.46M	USD	Annual
Stock option exercises	`ProceedsFromStockOptionsExercised`	$893.00K	USD	Annual
Stock option exercises	`ProceedsFromStockOptionsExercised`	$2.02M	USD	Annual
Excess tax benefits from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$250.00K	USD	Annual
Common dividends paid	`PaymentsOfDividendsCommonStock`	$2.09M	USD	Annual
Common dividends paid	`PaymentsOfDividendsCommonStock`	$8.35M	USD	Annual
Common dividends paid	`PaymentsOfDividendsCommonStock`	$8.33M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.98M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$68.99M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.20M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$55.15M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$41.49M	USD	Annual
Increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.41M	USD	Annual
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$74.95M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.80M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$116.43M	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$88.03M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$74.95M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$19.80M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$116.43M	USD	Point-in-time
Cash and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$88.03M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$761.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$695.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$696.27M	USD	Point-in-time
Balance	`StockholdersEquity`	$761.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$695.58M	USD	Point-in-time
Balance	`StockholdersEquity`	$696.27M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-64.91M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-38.85M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$7.48M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-64.91M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-38.85M	USD	Annual
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-11.74M	USD	Annual
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-470.00K	USD	Annual
Net other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.39M	USD	Annual
Net comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-63.52M	USD	Annual
Net comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.26M	USD	Annual
Net comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-39.32M	USD	Annual

Comprehensive Income 2 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time

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