10-Q Filing

ENCORE WIRE CORP CIK: 850460 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-198923`
Period End Date	20130331
Filing Date	20130503
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	wire-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 28 Cash Flow Statement 43

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.06M	USD	Point-in-time
Allowance for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.06M	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`	$112.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.92M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.88M	USD	Point-in-time
Accounts receivable, net of allowance of $2,064 and $2,064	`AccountsReceivableNetCurrent`	$197.98M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable, net of allowance of $2,064 and $2,064	`AccountsReceivableNetCurrent`	$212.79M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	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`	$54.37M	USD	Point-in-time
Inventories	`InventoryNet`	$63.66M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$350.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	40.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.60M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$5.79M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	26.60M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.93M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$1.64M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	5.93M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$5.54M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$307.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$306.85M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$18.49M	USD	Point-in-time
Land and land improvements	`LandAndLandImprovements`	$18.47M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$27.41M	USD	Point-in-time
Construction-in-progress	`ConstructionInProgressGross`	$25.43M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$90.79M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$90.83M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$196.84M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$197.29M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$8.47M	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$8.43M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$339.95M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentGross`	$342.49M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$175.03M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$178.31M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$164.19M	USD	Point-in-time
Property, plant and equipment - net	`PropertyPlantAndEquipmentNet`	$164.92M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$693.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$725.00K	USD	Point-in-time
Total assets	`Assets`	$472.47M	USD	Point-in-time
Total assets	`Assets`	$472.60M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$23.83M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$20.11M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.44M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.97M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.81M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.36M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$16.95M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$16.45M	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 - 26,601,803 and 26,597,753	`CommonStockValue`	$266.00K	USD	Point-in-time
Common stock, $.01 par value: Authorized shares - 40,000,000; Issued shares - 26,601,803 and 26,597,753	`CommonStockValue`	$266.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$48.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$48.30M	USD	Point-in-time
Treasury stock, at cost - 5,934,651 and 5,934,651 shares	`TreasuryStockValue`	$88.13M	USD	Point-in-time
Treasury stock, at cost - 5,934,651 and 5,934,651 shares	`TreasuryStockValue`	$88.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$449.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$455.72M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$416.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$410.16M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$472.60M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$472.47M	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`	$265.35M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$256.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$241.05M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.46M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.30M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.15M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.08M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.38M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.15M	USD	1 Quarter
Net interest and other (income) expenses	`NonoperatingIncomeExpense`	$20.00K	USD	1 Quarter
Net interest and other (income) expenses	`NonoperatingIncomeExpense`	$17.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.40M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.17M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.71M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.69M	USD	1 Quarter
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Net income per common and common equivalent share - basic	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.43M	shares	1 Quarter
Weighted average common and common equivalent shares - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	20.66M	shares	1 Quarter
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.29	USD	1 Quarter
Net income per common and common equivalent share - diluted	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	20.73M	shares	1 Quarter
Weighted average common and common equivalent shares - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.48M	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`	$6.39M	USD	1 Quarter
Net income	`NetIncomeLoss`	$6.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.35M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.61M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-506.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.10M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-89.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-255.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.81M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$28.45M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-9.29M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-6.11M	USD	1 Quarter
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.74M	USD	1 Quarter
Trade accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.68M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.86M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.70M	USD	1 Quarter
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.15M	USD	1 Quarter
Current income taxes receivable / payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$7.41M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$-18.85M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$1.78M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.12M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.59M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$10.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-2.59M	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-9.11M	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$70.00K	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$43.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$413.00K	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$469.00K	USD	1 Quarter
Excess tax benefits of options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.00K	USD	1 Quarter
Excess tax benefits of options exercised	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$11.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-421.00K	USD	1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-332.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.14M	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`	$112.30M	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`	$32.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.88M	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`	$83.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$32.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.88M	USD	Point-in-time

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