10-Q Filing

CONTINENTAL CEMENT COMPANY, L.L.C. CIK: 1571274 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-326577`
Period End Date	20130630
Filing Date	20130808
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	ck0001571274-20130629.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 52 Cash Flow Statement 49 Stockholders Equity 30

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$8.00K	USD	Point-in-time
Cash	`Cash`	$55.00K	USD	Point-in-time
Cash	`Cash`	$599.00K	USD	Point-in-time
Cash	`Cash`	$822.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.43M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$9.92M	USD	Point-in-time
Due from Summit Materials	`DueFromParent`	$10.30M	USD	Point-in-time
Inventories	`InventoryNet`	$7.07M	USD	Point-in-time
Inventories	`InventoryNet`	$9.63M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$30.63M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$25.06M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$749.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$815.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.71M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation, depletion and amortization (June 29, 2013-$30,627 and December 31, 2012-$25,056)	`PropertyPlantAndEquipmentNet`	$291.67M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation, depletion and amortization (June 29, 2013-$30,627 and December 31, 2012-$25,056)	`PropertyPlantAndEquipmentNet`	$303.41M	USD	Point-in-time
Goodwill	`Goodwill`	$24.10M	USD	Point-in-time
Goodwill	`Goodwill`	$24.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$11.29M	USD	Point-in-time
Total assets	`Assets`	$362.61M	USD	Point-in-time
Total assets	`Assets`	$355.92M	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$763.00K	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$965.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.46M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.52M	USD	Point-in-time
Due to Summit Materials	`DueToParentCurrent`	$13.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$32.64M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$155.10M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$155.39M	USD	Point-in-time
Pension and postretirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$24.81M	USD	Point-in-time
Pension and postretirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$25.57M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.29M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$213.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$202.22M	USD	Point-in-time
Commitments and contingencies (see note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable members' interest (100,000,000 Class B units issued and authorized)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.55M	USD	Point-in-time
Redeemable members' interest (100,000,000 Class B units issued and authorized)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.25M	USD	Point-in-time
Redeemable members' interest (100,000,000 Class B units issued and authorized)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.85M	USD	Point-in-time
Redeemable members' interest (100,000,000 Class B units issued and authorized)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.15M	USD	Point-in-time
Member's equity (100 Class A units issued and authorized)	`MembersEquity`	$135.12M	USD	Point-in-time
Member's equity (100 Class A units issued and authorized)	`MembersEquity`	$135.15M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.03M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-12.03M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$125.62M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$126.10M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$128.41M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$130.85M	USD	Point-in-time
Total liabilities, redeemable members' interest and member's interest	`LiabilitiesAndStockholdersEquity`	$355.92M	USD	Point-in-time
Total liabilities, redeemable members' interest and member's interest	`LiabilitiesAndStockholdersEquity`	$362.61M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$18.07M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$26.16M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$17.96M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$25.82M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$3.98M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$6.15M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$6.79M	USD	2 Qtrs
Service	`SalesRevenueServicesNet`	$4.34M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$4.93M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$4.09M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$6.84M	USD	2 Qtrs
Product	`RevenueFromRelatedParties`	$6.98M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$27.22M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$39.59M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$39.15M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$26.14M	USD	1 Quarter
Product	`CostOfGoodsSold`	$10.59M	USD	1 Quarter
Product	`CostOfGoodsSold`	$11.05M	USD	1 Quarter
Product	`CostOfGoodsSold`	$21.84M	USD	2 Qtrs
Product	`CostOfGoodsSold`	$23.39M	USD	2 Qtrs
Service	`CostOfServices`	$2.25M	USD	1 Quarter
Service	`CostOfServices`	$4.46M	USD	2 Qtrs
Service	`CostOfServices`	$4.44M	USD	2 Qtrs
Service	`CostOfServices`	$2.28M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$26.29M	USD	2 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$13.33M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$12.84M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$27.83M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.56M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.40M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.05M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.86M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.65M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$5.18M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.98M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$5.75M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$603.00K	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$9.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$9.10M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.63M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$13.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$72.00K	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$13.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-245.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.43M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.63M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.79M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.05M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.27M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-4.96M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.00M	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.05M	USD	2 Qtrs
Net loss	`ProfitLoss`	$6.27M	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.96M	USD	2 Qtrs
Net loss	`ProfitLoss`	$6.00M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.65M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$5.18M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.98M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$5.75M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-234.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-23.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.25M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.59M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.18M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.56M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.67M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-66.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-70.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-205.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$549.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-944.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$4.71M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-2.19M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.03M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$550.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.67M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.90M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.58M	USD	2 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$15.89M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$13.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.59M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.89M	USD	2 Qtrs
Proceeds from borrowing	`ProceedsFromIssuanceOfLongTermDebt`	$7.00M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$496.00K	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$3.04M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$128.00K	USD	2 Qtrs
Net loans from affiliates	`ProceedsFromRelatedPartyDebt`	$23.34M	USD	2 Qtrs
Net loans from affiliates	`ProceedsFromRelatedPartyDebt`	$1.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.97M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.46M	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-591.00K	USD	2 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$767.00K	USD	2 Qtrs
Cash - beginning of period	`Cash`	$8.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$55.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$599.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$822.00K	USD	Point-in-time
Cash - end of period	`Cash`	$8.00K	USD	Point-in-time
Cash - end of period	`Cash`	$55.00K	USD	Point-in-time
Cash - end of period	`Cash`	$599.00K	USD	Point-in-time
Cash - end of period	`Cash`	$822.00K	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`PartnersCapital`	$125.62M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$126.10M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$128.41M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Accretion of redeemable members' interest	`PartnersCapitalAccountRedemptions`	$300.00K	USD	2 Qtrs
Accretion of redeemable members' interest	`PartnersCapitalAccountRedemptions`	$300.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$-2.05M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.27M	USD	1 Quarter
Net income	`ProfitLoss`	$-4.96M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.00M	USD	1 Quarter
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$31.00K	USD	2 Qtrs
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$31.00K	USD	2 Qtrs
Ending balance	`PartnersCapital`	$125.62M	USD	Point-in-time
Ending balance	`PartnersCapital`	$126.10M	USD	Point-in-time
Ending balance	`PartnersCapital`	$128.41M	USD	Point-in-time
Ending balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.55M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.25M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.85M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.15M	USD	Point-in-time
Accretion of redeemable members' interest, Redeemable members' interest	`TemporaryEquityAccretionToRedemptionValue`	$300.00K	USD	2 Qtrs
Accretion of redeemable members' interest, Redeemable members' interest	`TemporaryEquityAccretionToRedemptionValue`	$300.00K	USD	2 Qtrs
Net income, Redeemable members' interest	`TemporaryEquityNetIncome`	-	USD	2 Qtrs
Net income, Redeemable members' interest	`TemporaryEquityNetIncome`	-	USD	2 Qtrs
Share-based compensation, Redeemable members' interest	`ShareBaseCompensationStockIssuedValueByRedeemableMemberEquity`	-	USD	2 Qtrs
Share-based compensation, Redeemable members' interest	`ShareBaseCompensationStockIssuedValueByRedeemableMemberEquity`	-	USD	2 Qtrs
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.55M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.25M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.85M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.15M	USD	Point-in-time

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