10-Q Filing

EAGLE MATERIALS INC CIK: 918646 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-014404`
Period End Date	20170630
Filing Date	20170728
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	exp-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 30 Cash Flow Statement 52 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`	$6.56M	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.39M	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.23M	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts and Notes Receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$136.31M	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts and Notes Receivable	`AccountsNotesAndLoansReceivableNetCurrent`	$175.00M	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Inventories	`InventoryNet`	$244.89M	USD	Point-in-time
Inventories	`InventoryNet`	$252.85M	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	48.45M	shares	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	48.55M	shares	Point-in-time
Prepaid and Other Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.90M	USD	Point-in-time
Prepaid and Other Assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.18M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$440.30M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$400.62M	USD	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	48.55M	shares	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	48.45M	shares	Point-in-time
Property, Plant and Equipment -	`PropertyPlantAndEquipmentGross`	$2.44B	USD	Point-in-time
Property, Plant and Equipment -	`PropertyPlantAndEquipmentGross`	$2.45B	USD	Point-in-time
Less: Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$892.60M	USD	Point-in-time
Less: Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$919.73M	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.55B	USD	Point-in-time
Property, Plant and Equipment, net	`PropertyPlantAndEquipmentNet`	$1.54B	USD	Point-in-time
Notes Receivable	`NotesAndLoansReceivableNetNoncurrent`	$653.00K	USD	Point-in-time
Notes Receivable	`NotesAndLoansReceivableNetNoncurrent`	$815.00K	USD	Point-in-time
Investment in Joint Venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$53.75M	USD	Point-in-time
Investment in Joint Venture	`InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures`	$48.62M	USD	Point-in-time
Goodwill and Intangible Assets	`IntangibleAssetsNetIncludingGoodwill`	$234.71M	USD	Point-in-time
Goodwill and Intangible Assets	`IntangibleAssetsNetIncludingGoodwill`	$235.50M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$15.11M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$14.72M	USD	Point-in-time
Total Assets	`Assets`	$2.28B	USD	Point-in-time
Total Assets	`Assets`	$2.25B	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$92.19M	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$78.76M	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$55.38M	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$53.29M	USD	Point-in-time
Income Tax Payable	`AccruedIncomeTaxesCurrent`	$733.00K	USD	Point-in-time
Income Tax Payable	`AccruedIncomeTaxesCurrent`	$26.46M	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtCurrent`	$81.21M	USD	Point-in-time
Current Portion of Long-term Debt	`LongTermDebtCurrent`	$81.21M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$239.73M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$229.52M	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$605.25M	USD	Point-in-time
Long-term Debt	`LongTermDebtNoncurrent`	$580.42M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$42.88M	USD	Point-in-time
Other Long-term Liabilities	`OtherLiabilitiesNoncurrent`	$42.03M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$166.02M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$162.33M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.04B	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.02B	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 48,547,960 and 48,453,268 Shares, respectively	`CommonStockValue`	$485.00K	USD	Point-in-time
Common Stock, Par Value $0.01; Authorized 100,000,000 Shares; Issued and Outstanding 48,547,960 and 48,453,268 Shares, respectively	`CommonStockValue`	$485.00K	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$151.14M	USD	Point-in-time
Capital in Excess of Par Value	`AdditionalPaidInCapitalCommonStock`	$149.01M	USD	Point-in-time
Accumulated Other Comprehensive Losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.20M	USD	Point-in-time
Accumulated Other Comprehensive Losses	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.40M	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$1.06B	USD	Point-in-time
Retained Earnings	`RetainedEarningsAccumulatedDeficit`	$1.11B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.20B	USD	Point-in-time
Liabilities and Stockholders' Equity, Total	`LiabilitiesAndStockholdersEquity`	$2.28B	USD	Point-in-time
Liabilities and Stockholders' Equity, Total	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`SalesRevenueGoodsNet`	$297.50M	USD	1 Quarter
Revenues	`SalesRevenueGoodsNet`	$366.12M	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$280.06M	USD	1 Quarter
Cost of Goods Sold	`CostOfGoodsSold`	$225.55M	USD	1 Quarter
Gross Profit	`GrossProfit`	$71.95M	USD	1 Quarter
Gross Profit	`GrossProfit`	$86.06M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$7.98M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$9.88M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$9.83M	USD	1 Quarter
Corporate General and Administrative	`GeneralAndAdministrativeExpense`	$9.68M	USD	1 Quarter
Other Income	`OtherOperatingIncomeExpenseNet`	$1.07M	USD	1 Quarter
Other Income	`OtherOperatingIncomeExpenseNet`	$757.00K	USD	1 Quarter
Interest Expense, Net	`InterestExpense`	$3.90M	USD	1 Quarter
Interest Expense, Net	`InterestExpense`	$7.48M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$79.53M	USD	1 Quarter
Earnings Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$67.28M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$24.65M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$21.93M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$54.88M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.14	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.94	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.93	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.01M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.66M	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 52 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$54.88M	USD	1 Quarter
Depreciation, Depletion and Amortization	`DepreciationDepletionAndAmortization`	$28.95M	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`	$-3.81M	USD	1 Quarter
Stock Compensation Expense	`ShareBasedCompensation`	$2.59M	USD	1 Quarter
Stock Compensation Expense	`ShareBasedCompensation`	$3.40M	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`	$7.98M	USD	1 Quarter
Equity in Earnings of Unconsolidated Joint Venture	`IncomeLossFromEquityMethodInvestments`	$9.88M	USD	1 Quarter
Distributions from Joint Venture	`EquityMethodInvestmentDividendsOrDistributions`	$8.75M	USD	1 Quarter
Distributions from Joint Venture	`EquityMethodInvestmentDividendsOrDistributions`	$4.75M	USD	1 Quarter
Accounts and Notes Receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$38.53M	USD	1 Quarter
Accounts and Notes Receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$22.06M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-7.96M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.60M	USD	1 Quarter
Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-16.06M	USD	1 Quarter
Accounts Payable and Accrued Liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-12.91M	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.72M	USD	1 Quarter
Other Assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.48M	USD	1 Quarter
Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$18.84M	USD	1 Quarter
Income Taxes Payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$25.73M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$54.08M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$53.67M	USD	1 Quarter
Property, Plant and Equipment Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.98M	USD	1 Quarter
Property, Plant and Equipment Additions	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.16M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-8.98M	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.16M	USD	1 Quarter
Increase (Decrease) in Credit Facility	`ProceedsFromRepaymentsOfNotesPayable`	$-9.00M	USD	1 Quarter
Increase (Decrease) in Credit Facility	`ProceedsFromRepaymentsOfNotesPayable`	$-25.00M	USD	1 Quarter
Dividends Paid to Stockholders	`PaymentsOfDividendsCommonStock`	$4.85M	USD	1 Quarter
Dividends Paid to Stockholders	`PaymentsOfDividendsCommonStock`	$4.83M	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`	$1.38M	USD	1 Quarter
Purchase and Retirement of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$39.13M	USD	1 Quarter
Purchase and Retirement of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$1.88M	USD	1 Quarter
Proceeds from Stock Option Exercises	`ProceedsFromStockOptionsExercised`	$10.63M	USD	1 Quarter
Proceeds from Stock Option Exercises	`ProceedsFromStockOptionsExercised`	$1.27M	USD	1 Quarter
Excess Tax Benefits from Share Based Payment Arrangements	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.30M	USD	1 Quarter
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-41.32M	USD	1 Quarter
Net Cash Used in Financing Activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-31.84M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.79M	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.67M	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.56M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$5.39M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$12.23M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$6.56M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END 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`	$12.23M	USD	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net Earnings	`NetIncomeLoss`	$45.34M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$54.88M	USD	1 Quarter
Amortization of Net Actuarial Loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$500.00K	USD	1 Quarter
Amortization of Net Actuarial Loss	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax`	$314.00K	USD	1 Quarter
Tax Expense	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$117.00K	USD	1 Quarter
Tax Expense	`OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax`	$188.00K	USD	1 Quarter
Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$55.08M	USD	1 Quarter
Comprehensive Earnings	`ComprehensiveIncomeNetOfTax`	$45.66M	USD	1 Quarter

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