10-Q Filing

CONTINENTAL CEMENT COMPANY, L.L.C. CIK: 1571274 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-429725`
Period End Date	20130930
Filing Date	20131106
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	ck0001571274-20130928.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`	$9.00K	USD	Point-in-time
Cash	`Cash`	$599.00K	USD	Point-in-time
Cash	`Cash`	$2.57M	USD	Point-in-time
Cash	`Cash`	$55.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$14.98M	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`	$6.74M	USD	Point-in-time
Inventories	`InventoryNet`	$7.07M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$815.00K	USD	Point-in-time
Accumulated depreciation, depletion and accretion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$33.58M	USD	Point-in-time
Accumulated depreciation, depletion and accretion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$25.06M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$592.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$28.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.32M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation, depletion and accretion (September 28, 2013 - $33,581 and December 31, 2012 - $25,056)	`PropertyPlantAndEquipmentNet`	$304.69M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation, depletion and accretion (September 28, 2013 - $33,581 and December 31, 2012 - $25,056)	`PropertyPlantAndEquipmentNet`	$291.67M	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`	$11.90M	USD	Point-in-time
Total assets	`Assets`	$363.01M	USD	Point-in-time
Total assets	`Assets`	$355.92M	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$965.00K	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$1.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.25M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.36M	USD	Point-in-time
Due to Summit Materials	`DueToParentCurrent`	$7.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.48M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$154.84M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$155.39M	USD	Point-in-time
Pension and postretirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$25.57M	USD	Point-in-time
Pension and postretirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$24.43M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.31M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$202.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$206.07M	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`	$23.30M	USD	Point-in-time
Redeemable members' interest (100,000,000 Class B units issued and authorized)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.70M	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
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`	$135.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$7.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.51M	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`	$128.41M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$129.94M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$133.65M	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`	$363.01M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$22.16M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$49.19M	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$23.37M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$48.32M	USD	3 Qtrs
Service	`SalesRevenueServicesNet`	$3.45M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$11.05M	USD	3 Qtrs
Service	`SalesRevenueServicesNet`	$9.59M	USD	3 Qtrs
Service	`SalesRevenueServicesNet`	$4.27M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$4.82M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$11.66M	USD	3 Qtrs
Product	`RevenueFromRelatedParties`	$6.52M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$13.50M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$73.74M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$34.16M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$30.43M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$69.58M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$16.69M	USD	1 Quarter
Product	`CostOfGoodsSold`	$38.52M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$39.36M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$15.97M	USD	1 Quarter
Service	`CostOfServices`	$2.19M	USD	1 Quarter
Service	`CostOfServices`	$2.25M	USD	1 Quarter
Service	`CostOfServices`	$6.70M	USD	3 Qtrs
Service	`CostOfServices`	$6.65M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$46.05M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$18.22M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$18.88M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$45.17M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.34M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.94M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.83M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.77M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$7.83M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.65M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.03M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$8.78M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$11.57M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$10.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$11.75M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-225.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$20.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$7.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$79.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.45M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.60M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.81M	USD	1 Quarter
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$1.93M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$1.93M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$7.83M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$2.65M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.03M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$8.78M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-271.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-575.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.62M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.17M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-333.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.44M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-288.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-224.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$584.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-1.23M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-141.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-699.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-2.28M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.64M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.41M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$72.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.52M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.38M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.85M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.94M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.71M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.56M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.94M	USD	3 Qtrs
Proceeds from borrowing	`ProceedsFromIssuanceOfLongTermDebt`	$6.98M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$5.78M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$496.00K	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$114.00K	USD	3 Qtrs
Net loans from affiliates	`ProceedsFromRelatedPartyDebt`	$1.50M	USD	3 Qtrs
Net loans from affiliates	`ProceedsFromRelatedPartyDebt`	$17.21M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.70M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$16.83M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.52M	USD	3 Qtrs
Net (decrease) increase in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-590.00K	USD	3 Qtrs
Cash - beginning of period	`Cash`	$9.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$599.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$2.57M	USD	Point-in-time
Cash - beginning of period	`Cash`	$55.00K	USD	Point-in-time
Cash - end of period	`Cash`	$9.00K	USD	Point-in-time
Cash - end of period	`Cash`	$599.00K	USD	Point-in-time
Cash - end of period	`Cash`	$2.57M	USD	Point-in-time
Cash - end of period	`Cash`	$55.00K	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`PartnersCapital`	$128.41M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$129.94M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$133.65M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Accretion of redeemable members' interest	`PartnersCapitalAccountRedemptions`	$450.00K	USD	3 Qtrs
Accretion of redeemable members' interest	`PartnersCapitalAccountRedemptions`	$450.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$3.98M	USD	1 Quarter
Net income	`ProfitLoss`	$1.93M	USD	3 Qtrs
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$47.00K	USD	3 Qtrs
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$47.00K	USD	3 Qtrs
Ending balance	`PartnersCapital`	$128.41M	USD	Point-in-time
Ending balance	`PartnersCapital`	$129.94M	USD	Point-in-time
Ending balance	`PartnersCapital`	$133.65M	USD	Point-in-time
Ending balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.30M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.70M	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
Accretion of redeemable members' interest, Redeemable members' interest	`TemporaryEquityAccretionToRedemptionValue`	$450.00K	USD	3 Qtrs
Accretion of redeemable members' interest, Redeemable members' interest	`TemporaryEquityAccretionToRedemptionValue`	$450.00K	USD	3 Qtrs
Net income, Redeemable members' interest	`TemporaryEquityNetIncome`	-	USD	3 Qtrs
Net income, Redeemable members' interest	`TemporaryEquityNetIncome`	-	USD	3 Qtrs
Share-based compensation, Redeemable members' interest	`ShareBaseCompensationStockIssuedValueByRedeemableMemberEquity`	-	USD	3 Qtrs
Share-based compensation, Redeemable members' interest	`ShareBaseCompensationStockIssuedValueByRedeemableMemberEquity`	-	USD	3 Qtrs
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.30M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.70M	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

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