40-F/A Filing

STUDENT TRANSPORTATION INC. CIK: 1419465 FY 2012

Filing Information

Form Type	40-F/A
Accession Number	`0001193125-12-439311`
Period End Date	20120630
Filing Date	20121029
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	stb-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 42 Cash Flow Statement 74 Stockholders Equity 19 Comprehensive Income 8

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$104.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$145.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.01M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $145 and $104 at June 30, 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$35.48M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $145 and $104 at June 30, 2012 and 2011, respectively	`AccountsReceivableNetCurrent`	$30.79M	USD	Point-in-time
Inventory	`InventoryNet`	$2.87M	USD	Point-in-time
Inventory	`InventoryNet`	$3.30M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$12.66M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.64M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.77M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$48.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$61.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.95M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$163.95M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$219.51M	USD	Point-in-time
Oil and gas interests, net	`OilAndGasPropertyFullCostMethodNet`	$7.02M	USD	Point-in-time
Oil and gas interests, net	`OilAndGasPropertyFullCostMethodNet`	$7.22M	USD	Point-in-time
Foreign currency exchange contracts	`DerivativeAssetsNoncurrent`	$97.00K	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$74.59M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$68.75M	USD	Point-in-time
Goodwill	`Goodwill`	$125.75M	USD	Point-in-time
Goodwill	`Goodwill`	$142.69M	USD	Point-in-time
Goodwill	`Goodwill`	$103.30M	USD	Point-in-time
Total assets	`Assets`	$430.10M	USD	Point-in-time
Total assets	`Assets`	$521.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$963.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.82M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$37.54M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$24.43M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$35.80M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$575.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$62.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.08M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$215.42M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$161.62M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$701.00K	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligationsNoncurrent`	$516.00K	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$36.37M	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$42.71M	USD	Point-in-time
Class B-Series Two and Three common share liability	`DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent`	$2.01M	USD	Point-in-time
Class B-Series Two and Three common share liability	`DeferredCompensationSharebasedArrangementsLiabilityClassifiedNoncurrent`	$3.23M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$13.03M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$273.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$313.98M	USD	Point-in-time
Paid in Share Capital	`CommonStockValue`	$404.86M	USD	Point-in-time
Paid in Share Capital	`CommonStockValue`	$314.37M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-149.72M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-191.32M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-8.11M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$156.54M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$156.43M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$207.82M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$430.10M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$521.80M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$305.29M	USD	Annual
Revenues	`Revenues`	$368.99M	USD	Annual
Cost of operations	`CostOfRevenue`	$222.59M	USD	Annual
Cost of operations	`CostOfRevenue`	$271.23M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$31.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$38.45M	USD	Annual
Non-cash stock compensation	`ShareBasedCompensation`	$2.55M	USD	Annual
Non-cash stock compensation	`ShareBasedCompensation`	$3.62M	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$886.00K	USD	Annual
Acquisition expenses	`BusinessCombinationAcquisitionRelatedCosts`	$792.00K	USD	Annual
Depreciation and depletion expense	`DepreciationAndDepletion`	$37.15M	USD	Annual
Depreciation and depletion expense	`DepreciationAndDepletion`	$31.93M	USD	Annual
Amortization expense	`OtherAmortizationOfDeferredCharges`	$3.44M	USD	Annual
Amortization expense	`OtherAmortizationOfDeferredCharges`	$3.35M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$354.77M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$292.63M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$12.65M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$14.21M	USD	Annual
Interest expense	`InterestExpense`	$14.38M	USD	Annual
Interest expense	`InterestExpense`	$15.33M	USD	Annual
Foreign currency gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$929.00K	USD	Annual
Foreign currency gain	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.63M	USD	Annual
Unrealized loss on foreign currency exchange contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.78M	USD	Annual
Unrealized loss on foreign currency exchange contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-516.00K	USD	Annual
Unrealized re-measurement loss (gain) on 6.25% Convertible Debentures	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.00M	USD	Annual
Unrealized re-measurement loss (gain) on 6.25% Convertible Debentures	`ForeignCurrencyTransactionGainLossUnrealized`	$580.00K	USD	Annual
Non-cash loss on 6.25% Convertible Debentures conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$-972.00K	USD	Annual
Gain on bargain purchase of businesses acquired	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$6.92M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-955.00K	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-827.00K	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.02M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$162.00K	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$502.00K	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-2.09M	USD	Annual
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Net income	`NetIncomeLoss`	$2.25M	USD	Annual
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	66.14M	shares	Annual
Weighted average number of shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	57.76M	shares	Annual
Weighted average number of shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.61M	shares	Annual
Weighted average number of shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.13M	shares	Annual
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.03	USD	Annual
Basic and diluted net income per common share	`EarningsPerShareBasicAndDiluted`	$0.03	USD	Annual

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Net income	`NetIncomeLoss`	$2.25M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-828.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.34M	USD	Annual
Unrealized loss on foreign currency exchange contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.78M	USD	Annual
Unrealized loss on foreign currency exchange contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$-516.00K	USD	Annual
Non-cash loss on 6.25% Convertible Debentures conversion feature	`DebtInstrumentConvertibleBeneficialConversionFeature`	$-972.00K	USD	Annual
Unrealized re-measurement loss (gain) on 6.25% Convertible Debentures	`ForeignCurrencyTransactionGainLossUnrealized`	$-3.00M	USD	Annual
Unrealized re-measurement loss (gain) on 6.25% Convertible Debentures	`ForeignCurrencyTransactionGainLossUnrealized`	$580.00K	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.72M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.94M	USD	Annual
Non-cash stock compensation	`ShareBasedCompensation`	$2.55M	USD	Annual
Non-cash stock compensation	`ShareBasedCompensation`	$3.62M	USD	Annual
Gain on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$642.00K	USD	Annual
Gain on disposal of fixed assets	`GainLossOnDispositionOfAssets`	$681.00K	USD	Annual
Gain on bargain purchase of businesses acquired	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$6.92M	USD	Annual
Depreciation and depletion expense	`DepreciationAndDepletion`	$37.15M	USD	Annual
Depreciation and depletion expense	`DepreciationAndDepletion`	$31.93M	USD	Annual
Amortization expense	`OtherAmortizationOfDeferredCharges`	$3.44M	USD	Annual
Amortization expense	`OtherAmortizationOfDeferredCharges`	$3.35M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.58M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.92M	USD	Annual
Prepaid expenses, inventory and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$2.18M	USD	Annual
Prepaid expenses, inventory and other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$7.92M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$429.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.02M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.80M	USD	Annual
Accrued expenses and other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.92M	USD	Annual
Changes in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-44.00K	USD	Annual
Changes in other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$53.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.91M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.07M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$53.26M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$60.93M	USD	Annual
Payments on seller debt	`RepaymentsOfOtherDebt`	$827.00K	USD	Annual
Payments on seller debt	`RepaymentsOfOtherDebt`	$900.00K	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.62M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.46M	USD	Annual
Proceeds on sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.88M	USD	Annual
Proceeds on sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$999.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.67M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-109.45M	USD	Annual
6.25% Convertible Debenture offering	`ProceedsFromConvertibleDebt`	$60.00M	USD	Annual
Expenses associated with convertible debenture offering	`PaymentsOfDebtIssuanceCosts`	$2.98M	USD	Annual
Offering of common shares, net of expenses	`ProceedsFromRepurchaseOfEquity`	$71.10M	USD	Point-in-time
Offering of common shares, net of expenses	`ProceedsFromRepurchaseOfEquity`	70.50M	CAD	Point-in-time
Offering of common shares, net of expenses	`ProceedsFromRepurchaseOfEquity`	$79.61M	USD	Annual
Redemption of Class B Series Two and Three common shares	`PaymentsForRepurchaseOfOtherEquity`	$1.81M	USD	Annual
Redemption of Class B Series Two and Three common shares	`PaymentsForRepurchaseOfOtherEquity`	$1.53M	USD	Annual
Financing fees	`PaymentsOfFinancingCosts`	$1.75M	USD	Annual
Financing fees	`PaymentsOfFinancingCosts`	$774.00K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$615.00K	USD	Annual
Common stock dividends	`PaymentsOfDividendsCommonStock`	$28.30M	USD	Annual
Common stock dividends	`PaymentsOfDividendsCommonStock`	$25.41M	USD	Annual
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$202.51M	USD	Annual
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$237.16M	USD	Annual
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$175.25M	USD	Annual
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$233.65M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$31.54M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$75.65M	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$921.00K	USD	Annual
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$193.00K	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.30M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.14M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.71M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.01M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$11.91M	USD	Annual
Cash paid for interest	`InterestPaid`	$13.78M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$5.88M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$1.79M	USD	Annual

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$156.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$207.82M	USD	Point-in-time
Net income	`NetIncomeLoss`	$1.52M	USD	Annual
Net income	`NetIncomeLoss`	$2.25M	USD	Annual
Dividends	`DividendsCommonStock`	$32.25M	USD	Annual
Dividends	`DividendsCommonStock`	$43.86M	USD	Annual
Common stock issuance (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	10.95M	shares	Point-in-time
Common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$6.79M	USD	Annual
Common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$87.75M	USD	Annual
Conversion of debt to common stock	`ConversionOfConvertibleDebenturesIntoCommonStockValue`	$26.09M	USD	Annual
Conversion of debt to common stock	`ConversionOfConvertibleDebenturesIntoCommonStockValue`	$3.35M	USD	Annual
Repurchase of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	96,300.00	shares	Annual
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$615.00K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.39M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.05M	USD	Annual
Balance	`StockholdersEquity`	$156.54M	USD	Point-in-time
Balance	`StockholdersEquity`	$156.43M	USD	Point-in-time
Balance	`StockholdersEquity`	$207.82M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income:	`NetIncomeLoss`	$1.52M	USD	Annual
Net income:	`NetIncomeLoss`	$2.25M	USD	Annual
Unrealized gain (loss) on currency translation adjustments net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.39M	USD	Annual
Unrealized gain (loss) on currency translation adjustments net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.05M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.39M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.05M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.64M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-527.00K	USD	Annual

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