10-Q Filing

EAGLE MATERIALS INC CIK: 918646 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-021546`
Period End Date	20160630
Filing Date	20160726
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	exp-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 30 Cash Flow Statement 53 Comprehensive Income 8

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred Stock, Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.39M	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.55M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Accounts and Notes Receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$142.30M	USD	Point-in-time
Accounts and Notes Receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$120.22M	USD	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
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories	`InventoryNet`	$241.00M	USD	Point-in-time
Inventories	`InventoryNet`	$243.59M	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income Tax Receivable	`IncomeTaxesReceivable`	$5.62M	USD	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	48.39M	shares	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	48.53M	shares	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	48.39M	shares	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	48.53M	shares	Point-in-time
Prepaid and Other Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.17M	USD	Point-in-time
Prepaid and Other Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.02M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$400.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$380.00M	USD	Point-in-time
Property, Plant and Equipment -	`PropertyPlantAndEquipmentGross`	$2.08B	USD	Point-in-time
Property, Plant and Equipment -	`PropertyPlantAndEquipmentGross`	$2.07B	USD	Point-in-time
Less: Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$817.47M	USD	Point-in-time
Less: Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$837.24M	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.25B	USD	Point-in-time
Notes Receivable	`NotesAndLoansReceivableNetNoncurrent`	$2.67M	USD	Point-in-time
Notes Receivable	`NotesAndLoansReceivableNetNoncurrent`	$2.65M	USD	Point-in-time
Investment in Joint Venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$49.47M	USD	Point-in-time
Investment in Joint Venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$48.70M	USD	Point-in-time
Goodwill and Intangible Assets	`IntangibleAssetsNetIncludingGoodwill`	$163.30M	USD	Point-in-time
Goodwill and Intangible Assets	`IntangibleAssetsNetIncludingGoodwill`	$165.83M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$27.59M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$30.36M	USD	Point-in-time
Total Assets	`Assets`	$1.88B	USD	Point-in-time
Total Assets	`Assets`	$1.89B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$66.61M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$61.32M	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$40.51M	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$45.98M	USD	Point-in-time
Income Taxes Payable	`AccruedIncomeTaxesCurrent`	$9.92M	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtCurrent`	$8.00M	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtCurrent`	$8.00M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$120.59M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$119.75M	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$490.71M	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$499.71M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$58.64M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$61.12M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$163.54M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$161.68M	USD	Point-in-time
Total Liabilities	`Liabilities`	$832.64M	USD	Point-in-time
Total Liabilities	`Liabilities`	$843.10M	USD	Point-in-time
Preferred Stock, Par Value $0.01; Authorized 5,000,000 Shares; None Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Par Value $0.01; Authorized 5,000,000 Shares; None Issued	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, Par Value $0.01; Authorized 100,000,000 Shares; Issued and Outstanding 48,391,969 and 48,526,843 Shares, respectively	`CommonStockValue`	$484.00K	USD	Point-in-time
Common Stock, Par Value $0.01; Authorized 100,000,000 Shares; Issued and Outstanding 48,391,969 and 48,526,843 Shares, respectively	`CommonStockValue`	$485.00K	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$168.97M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$144.08M	USD	Point-in-time
Accumulated Other Comprehensive Losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.41M	USD	Point-in-time
Accumulated Other Comprehensive Losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.10M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$882.49M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$922.98M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.06B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Liabilities and Stockholders' Equity, Total	`LiabilitiesAndStockholdersEquity`	$1.88B	USD	Point-in-time
Liabilities and Stockholders' Equity, Total	`LiabilitiesAndStockholdersEquity`	$1.89B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$297.50M	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$284.96M	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$225.55M	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$223.87M	USD	1 Quarter
Gross Profit	`GrossProfit`	$61.10M	USD	1 Quarter
Gross Profit	`GrossProfit`	$71.95M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$7.83M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$7.98M	USD	1 Quarter
Corporate General and Administrative Expense	`GeneralAndAdministrativeExpense`	$8.99M	USD	1 Quarter
Corporate General and Administrative Expense	`GeneralAndAdministrativeExpense`	$9.83M	USD	1 Quarter
Other Income	`OtherOperatingIncomeExpenseNet`	$435.00K	USD	1 Quarter
Other Income	`OtherOperatingIncomeExpenseNet`	$1.07M	USD	1 Quarter
Interest Expense, Net	`InterestExpense`	$4.49M	USD	1 Quarter
Interest Expense, Net	`InterestExpense`	$3.90M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$67.28M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$55.88M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$21.93M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$18.12M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$37.76M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	49.77M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.01M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.52M	shares	1 Quarter
CASH DIVIDENDS PER SHARE:	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter
CASH DIVIDENDS PER SHARE:	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	1 Quarter

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$37.76M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$24.26M	USD	1 Quarter
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$22.86M	USD	1 Quarter
Deferred Income Tax Provision	`DeferredIncomeTaxExpenseBenefit`	$1.82M	USD	1 Quarter
Deferred Income Tax Provision	`DeferredIncomeTaxExpenseBenefit`	$-4.37M	USD	1 Quarter
Stock Compensation Expense	`ShareBasedCompensation`	$4.02M	USD	1 Quarter
Stock Compensation Expense	`ShareBasedCompensation`	$2.59M	USD	1 Quarter
Excess Tax Benefits from Share Based Payment Arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.14M	USD	1 Quarter
Excess Tax Benefits from Share Based Payment Arrangements	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$3.30M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$7.83M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$7.98M	USD	1 Quarter
Distributions from Joint Venture	`EquityMethodInvestmentDividendsOrDistributions`	$8.75M	USD	1 Quarter
Distributions from Joint Venture	`EquityMethodInvestmentDividendsOrDistributions`	$6.25M	USD	1 Quarter
Accounts and Notes Receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$22.07M	USD	1 Quarter
Accounts and Notes Receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$22.06M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-723.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.60M	USD	1 Quarter
Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-12.91M	USD	1 Quarter
Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.85M	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$-75.00K	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.48M	USD	1 Quarter
Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.80M	USD	1 Quarter
Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.84M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$54.08M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.61M	USD	1 Quarter
Property, Plant and Equipment Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$27.12M	USD	1 Quarter
Property, Plant and Equipment Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.98M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-27.12M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.98M	USD	1 Quarter
Increase (Decrease) in Credit Facility	`ProceedsFromRepaymentsOfNotesPayable`	$11.00M	USD	1 Quarter
Increase (Decrease) in Credit Facility	`ProceedsFromRepaymentsOfNotesPayable`	$-9.00M	USD	1 Quarter
Dividends Paid to Stockholders	`PaymentsOfDividendsCommonStock`	$4.83M	USD	1 Quarter
Dividends Paid to Stockholders	`PaymentsOfDividendsCommonStock`	$5.03M	USD	1 Quarter
Purchase and Retirement of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$39.13M	USD	1 Quarter
Shares Redeemed to Settle Employee Taxes on Stock Compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.28M	USD	1 Quarter
Shares Redeemed to Settle Employee Taxes on Stock Compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.52M	USD	1 Quarter
Proceeds from Stock Option Exercises	`ProceedsFromStockOptionsExercised`	$950.00K	USD	1 Quarter
Proceeds from Stock Option Exercises	`ProceedsFromStockOptionsExercised`	$10.63M	USD	1 Quarter
Excess Tax Benefits from Share Based Payment Arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.14M	USD	1 Quarter
Excess Tax Benefits from Share Based Payment Arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.30M	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$6.54M	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.32M	USD	1 Quarter
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.79M	USD	1 Quarter
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$37.00K	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.39M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$7.55M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.39M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$7.51M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$7.55M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$37.76M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Amortization of Net Actuarial Loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$319.00K	USD	1 Quarter
Amortization of Net Actuarial Loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$500.00K	USD	1 Quarter
Tax Expense	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$188.00K	USD	1 Quarter
Tax Expense	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$188.00K	USD	1 Quarter
Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$45.66M	USD	1 Quarter
Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$37.89M	USD	1 Quarter

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