10-Q Filing

CONTINENTAL CEMENT COMPANY, L.L.C. CIK: 1571274 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-400361`
Period End Date	20140930
Filing Date	20141106
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	ck0001571274-20140927.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 52 Cash Flow Statement 50 Stockholders Equity 32 Comprehensive Income 11

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$9.00K	USD	Point-in-time
Cash	`Cash`	$3.00K	USD	Point-in-time
Cash	`Cash`	$9.00K	USD	Point-in-time
Cash	`Cash`	$599.00K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$7.35M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$15.96M	USD	Point-in-time
Due from Summit Materials	`DueFromRelatedPartiesCurrent`	$2.99M	USD	Point-in-time
Inventories	`InventoryNet`	$6.76M	USD	Point-in-time
Inventories	`InventoryNet`	$10.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$598.00K	USD	Point-in-time
Accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$46.78M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$482.00K	USD	Point-in-time
Accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$36.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.32M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation and depletion (September 27, 2014 - $46,777 and December 28, 2013 - $36,700)	`PropertyPlantAndEquipmentNet`	$307.42M	USD	Point-in-time
Property, plant and equipment, less accumulated depreciation and depletion (September 27, 2014 - $46,777 and December 28, 2013 - $36,700)	`PropertyPlantAndEquipmentNet`	$306.20M	USD	Point-in-time
Goodwill	`Goodwill`	$24.10M	USD	Point-in-time
Goodwill	`Goodwill`	$24.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$12.58M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$14.05M	USD	Point-in-time
Total assets	`Assets`	$364.11M	USD	Point-in-time
Total assets	`Assets`	$368.88M	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$1.02M	USD	Point-in-time
Current portion of long-term debt due to Summit Materials	`LongTermDebtCurrent`	$1.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$10.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.27M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$7.24M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.00M	USD	Point-in-time
Due to Summit Materials	`DueToRelatedPartiesCurrent`	$10.37M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$21.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.90M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$154.59M	USD	Point-in-time
Long-term debt due to Summit Materials	`LongTermDebtNoncurrent`	$153.83M	USD	Point-in-time
Pension and post-retirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$19.46M	USD	Point-in-time
Pension and post-retirement benefit obligations	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$16.34M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$931.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$850.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$196.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$197.99M	USD	Point-in-time
Commitments and contingencies (see note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see note 6)	`CommitmentsAndContingencies`	-	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`	$29.15M	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`	$23.45M	USD	Point-in-time
Member's equity (100 Class A units issued and authorized)	`MembersEquity`	$135.18M	USD	Point-in-time
Member's equity (100 Class A units issued and authorized)	`MembersEquity`	$135.23M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.03M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.32M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.62M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$130.85M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$133.65M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$144.59M	USD	Point-in-time
Total member's interest	`PartnersCapital`	$141.75M	USD	Point-in-time
Total liabilities, redeemable members' interest and member's interest	`LiabilitiesAndStockholdersEquity`	$364.11M	USD	Point-in-time
Total liabilities, redeemable members' interest and member's interest	`LiabilitiesAndStockholdersEquity`	$368.88M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$28.11M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$49.19M	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$55.26M	USD	3 Qtrs
Product	`SalesRevenueGoodsNet`	$23.37M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$4.00M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$4.27M	USD	1 Quarter
Service	`SalesRevenueServicesNet`	$11.18M	USD	3 Qtrs
Service	`SalesRevenueServicesNet`	$11.05M	USD	3 Qtrs
Product	`RevenueFromRelatedParties`	$14.18M	USD	3 Qtrs
Product	`RevenueFromRelatedParties`	$6.52M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$6.07M	USD	1 Quarter
Product	`RevenueFromRelatedParties`	$13.50M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$38.17M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$73.74M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$80.62M	USD	3 Qtrs
Total revenue	`SalesRevenueNet`	$34.16M	USD	1 Quarter
Product	`CostOfGoodsSold`	$46.24M	USD	3 Qtrs
Product	`CostOfGoodsSold`	$23.27M	USD	1 Quarter
Product	`CostOfGoodsSold`	$15.97M	USD	1 Quarter
Product	`CostOfGoodsSold`	$39.36M	USD	3 Qtrs
Service	`CostOfServices`	$2.33M	USD	1 Quarter
Service	`CostOfServices`	$6.70M	USD	3 Qtrs
Service	`CostOfServices`	$6.99M	USD	3 Qtrs
Service	`CostOfServices`	$2.25M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$25.60M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$46.05M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$53.23M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$18.22M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.94M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.66M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.79M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.34M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$8.78M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.85M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$10.90M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.03M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.96M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$10.83M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$6.92M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$11.57M	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$1.00K	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$7.00K	USD	1 Quarter
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$79.00K	USD	3 Qtrs
Other expense (income), net	`OtherNonoperatingIncomeExpense`	$-10.00K	USD	1 Quarter
Interest expense	`InterestCostsIncurred`	$8.45M	USD	3 Qtrs
Interest expense	`InterestCostsIncurred`	$2.95M	USD	1 Quarter
Interest expense	`InterestCostsIncurred`	$8.84M	USD	3 Qtrs
Interest expense	`InterestCostsIncurred`	$2.81M	USD	1 Quarter
Net income	`ProfitLoss`	$1.99M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.96M	USD	1 Quarter
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.99M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.96M	USD	1 Quarter
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$8.78M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.85M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$10.90M	USD	3 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationDepletionAmortizationAndAccretion`	$3.03M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-575.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.12M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$8.88M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$5.17M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.64M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-333.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$116.00K	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-224.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$584.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.58M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-198.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-141.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-2.28M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.02M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-2.30M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.41M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.52M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.00M	USD	3 Qtrs
Purchase of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.94M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-14.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-20.94M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$496.00K	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$764.00K	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$114.00K	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$272.00K	USD	3 Qtrs
Net borrowings from Summit Materials	`ProceedsFromRelatedPartyDebt`	$12.93M	USD	3 Qtrs
Net borrowings from Summit Materials	`ProceedsFromRelatedPartyDebt`	$17.21M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$16.83M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$12.44M	USD	3 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-590.00K	USD	3 Qtrs
Net decrease in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-6.00K	USD	3 Qtrs
Cash - beginning of period	`Cash`	$9.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$3.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$9.00K	USD	Point-in-time
Cash - beginning of period	`Cash`	$599.00K	USD	Point-in-time
Cash - end of period	`Cash`	$9.00K	USD	Point-in-time
Cash - end of period	`Cash`	$3.00K	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 interest paid during the period	`InterestPaidNet`	$10.47M	USD	3 Qtrs
Cash interest paid during the period	`InterestPaidNet`	$10.23M	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$22.85M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$29.15M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.30M	USD	Point-in-time
Beginning balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.45M	USD	Point-in-time
Accretion, Redeemable members' interest	`TemporaryEquityAccretionToRedemptionValue`	$5.70M	USD	3 Qtrs
Accretion, 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
Other comprehensive income, Redeemable members' interest	`TemporaryEquityOtherComprehensiveIncomeLoss`	-	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`	$22.85M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$29.15M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.30M	USD	Point-in-time
Ending balance, Redeemable members' interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$23.45M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$133.65M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$144.59M	USD	Point-in-time
Beginning balance	`PartnersCapital`	$141.75M	USD	Point-in-time
Accretion	`PartnersCapitalAccountRedemptions`	$450.00K	USD	3 Qtrs
Accretion	`PartnersCapitalAccountRedemptions`	$5.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.99M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.96M	USD	1 Quarter
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$818.00K	USD	3 Qtrs
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$47.00K	USD	3 Qtrs
Share-based compensation	`PartnersCapitalAccountUnitBasedCompensation`	$47.00K	USD	3 Qtrs
Ending balance	`PartnersCapital`	$130.85M	USD	Point-in-time
Ending balance	`PartnersCapital`	$133.65M	USD	Point-in-time
Ending balance	`PartnersCapital`	$144.59M	USD	Point-in-time
Ending balance	`PartnersCapital`	$141.75M	USD	Point-in-time

Comprehensive Income 11 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.99M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.96M	USD	1 Quarter
Net income	`ProfitLoss`	$8.16M	USD	1 Quarter
Net income	`ProfitLoss`	$3.20M	USD	3 Qtrs
Postretirement curtailment adjustment	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax`	$-1.35M	USD	3 Qtrs
Postretirement liability adjustment	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.16M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$818.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.81M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.96M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.16M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.20M	USD	3 Qtrs

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