10-Q Filing

W&T OFFSHORE INC CIK: 1288403 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-015544`
Period End Date	20170630
Filing Date	20170804
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	wti-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 66 Cash Flow Statement 60 Stockholders Equity 9

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.82M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$39.40M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$43.07M	USD	Point-in-time
Joint interest	`OilAndGasJointInterestBillingReceivablesCurrent`	$21.89M	USD	Point-in-time
Joint interest	`OilAndGasJointInterestBillingReceivablesCurrent`	$19.92M	USD	Point-in-time
Insurance reimbursement	`InsuranceSettlementsReceivableCurrent`	$30.10M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$12.03M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$11.94M	USD	Point-in-time
Total receivables	`ReceivablesNetCurrent`	$71.34M	USD	Point-in-time
Total receivables	`ReceivablesNetCurrent`	$107.00M	USD	Point-in-time
Prepaid expenses and other assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$21.94M	USD	Point-in-time
Prepaid expenses and other assets (Note 1)	`PrepaidExpenseAndOtherAssetsCurrent`	$14.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$165.61M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$191.74M	USD	Point-in-time
Oil and natural gas properties and other, net - at cost: (Note 1)	`PropertyPlantAndEquipmentNet`	$550.68M	USD	Point-in-time
Oil and natural gas properties and other, net - at cost: (Note 1)	`PropertyPlantAndEquipmentNet`	$547.05M	USD	Point-in-time
Restricted deposits for asset retirement obligations	`RestrictedCashAndInvestmentsNoncurrent`	$28.71M	USD	Point-in-time
Restricted deposits for asset retirement obligations	`RestrictedCashAndInvestmentsNoncurrent`	$27.37M	USD	Point-in-time
Income tax receivables	`IncomeTaxesReceivableNoncurrent`	$52.10M	USD	Point-in-time
Income tax receivables	`IncomeTaxesReceivableNoncurrent`	$68.97M	USD	Point-in-time
Other assets (Note 1)	`OtherAssetsNoncurrent`	$11.46M	USD	Point-in-time
Other assets (Note 1)	`OtherAssetsNoncurrent`	$61.00M	USD	Point-in-time
Total assets	`Assets`	$874.97M	USD	Point-in-time
Total assets	`Assets`	$829.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$58.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$81.04M	USD	Point-in-time
Undistributed oil and natural gas proceeds	`OilAndGasSalesPayableCurrent`	$26.25M	USD	Point-in-time
Undistributed oil and natural gas proceeds	`OilAndGasSalesPayableCurrent`	$21.27M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationCurrent`	$78.26M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationCurrent`	$52.43M	USD	Point-in-time
Long-term debt	`LongTermDebtCurrent`	$11.15M	USD	Point-in-time
Long-term debt	`LongTermDebtCurrent`	$8.27M	USD	Point-in-time
Accrued liabilities (Note 1)	`AccruedLiabilitiesCurrent`	$13.12M	USD	Point-in-time
Accrued liabilities (Note 1)	`AccruedLiabilitiesCurrent`	$9.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$203.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$156.25M	USD	Point-in-time
Principal	`DebtInstrumentFaceAmount`	$873.73M	USD	Point-in-time
Principal	`DebtInstrumentFaceAmount`	$873.73M	USD	Point-in-time
Carrying value adjustments	`PaymentInKindNotesInterestAndOtherPayableNonCurrent`	$138.72M	USD	Point-in-time
Carrying value adjustments	`PaymentInKindNotesInterestAndOtherPayableNonCurrent`	$110.60M	USD	Point-in-time
Long term debt, less current portion - carrying value	`LongTermDebtNoncurrent`	$984.34M	USD	Point-in-time
Long term debt, less current portion - carrying value	`LongTermDebtNoncurrent`	$1.01B	USD	Point-in-time
Asset retirement obligations, less current portion	`AssetRetirementObligationsNoncurrent`	$265.43M	USD	Point-in-time
Asset retirement obligations, less current portion	`AssetRetirementObligationsNoncurrent`	$256.17M	USD	Point-in-time
Other liabilities (Note 1)	`OtherLiabilitiesNoncurrent`	$17.11M	USD	Point-in-time
Other liabilities (Note 1)	`OtherLiabilitiesNoncurrent`	$66.91M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 0 issued at June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 0 issued at June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00001 par value; 200,000,000 shares authorized; 140,690,917 issued and 137,821,744 outstanding at June 30, 2017 and 140,543,545 issued and 137,674,372 outstanding at December 31, 2016	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $0.00001 par value; 200,000,000 shares authorized; 140,690,917 issued and 137,821,744 outstanding at June 30, 2017 and 140,543,545 issued and 137,674,372 outstanding at December 31, 2016	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$543.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$539.97M	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.12B	USD	Point-in-time
Retained earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.17B	USD	Point-in-time
Treasury stock, at cost; 2,869,173 shares at June 30, 2017 and December 31, 2016	`TreasuryStockValue`	$24.17M	USD	Point-in-time
Treasury stock, at cost; 2,869,173 shares at June 30, 2017 and December 31, 2016	`TreasuryStockValue`	$24.17M	USD	Point-in-time
Total shareholders equity (deficit)	`StockholdersEquity`	$-597.96M	USD	Point-in-time
Total shareholders equity (deficit)	`StockholdersEquity`	$-659.04M	USD	Point-in-time
Total liabilities and shareholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$874.97M	USD	Point-in-time
Total liabilities and shareholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$829.73M	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$123.32M	USD	1 Quarter
Revenues	`Revenues`	$177.37M	USD	2 Qtrs
Revenues	`Revenues`	$99.66M	USD	1 Quarter
Revenues	`Revenues`	$247.72M	USD	2 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$81.09M	USD	2 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$36.62M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$31.52M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$71.68M	USD	2 Qtrs
Production taxes	`ProductionTaxExpense`	$964.00K	USD	2 Qtrs
Production taxes	`ProductionTaxExpense`	$449.00K	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$896.00K	USD	2 Qtrs
Production taxes	`ProductionTaxExpense`	$370.00K	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$6.40M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$5.32M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$11.49M	USD	2 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$11.53M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$121.23M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$80.35M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$40.36M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$57.49M	USD	1 Quarter
Ceiling test write-down of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$104.59M	USD	1 Quarter
Ceiling test write-down of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$221.15M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.47M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$16.23M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$32.68M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$29.75M	USD	2 Qtrs
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$7.64M	USD	2 Qtrs
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$3.69M	USD	1 Quarter
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-4.94M	USD	1 Quarter
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-2.45M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$470.98M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$226.65M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$90.44M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$186.63M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-293.61M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$32.89M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$61.08M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-127.00M	USD	1 Quarter
Incurred	`InterestCostsIncurred`	$57.59M	USD	2 Qtrs
Incurred	`InterestCostsIncurred`	$29.77M	USD	1 Quarter
Incurred	`InterestCostsIncurred`	$22.73M	USD	2 Qtrs
Incurred	`InterestCostsIncurred`	$11.44M	USD	1 Quarter
Capitalized	`InterestCostsCapitalizedAdjustment`	$445.00K	USD	2 Qtrs
Capitalized	`InterestCostsCapitalizedAdjustment`	$102.00K	USD	1 Quarter
Gain on exchange of debt	`GainsLossesOnExtinguishmentOfDebt`	$7.81M	USD	2 Qtrs
Gain on exchange of debt	`GainsLossesOnExtinguishmentOfDebt`	$8.06M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-1.28M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-5.11M	USD	2 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-5.17M	USD	1 Quarter
Income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.34M	USD	1 Quarter
Income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-352.04M	USD	2 Qtrs
Income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-156.64M	USD	1 Quarter
Income (loss) before income tax benefit	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$41.05M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-40.60M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-16.56M	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-35.72M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-8.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$33.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-120.92M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.61M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-311.43M	USD	2 Qtrs
Basic and diluted earnings (loss) per common share	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Basic and diluted earnings (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-1.58	USD	1 Quarter
Basic and diluted earnings (loss) per common share	`EarningsPerShareBasicAndDiluted`	$0.40	USD	2 Qtrs
Basic and diluted earnings (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-4.07	USD	2 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$33.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-120.92M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.61M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-311.43M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$121.23M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$80.35M	USD	2 Qtrs
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$40.36M	USD	1 Quarter
Depreciation, depletion, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$57.49M	USD	1 Quarter
Gain on exchange of debt	`GainsLossesOnExtinguishmentOfDebt`	$7.81M	USD	2 Qtrs
Gain on exchange of debt	`GainsLossesOnExtinguishmentOfDebt`	$8.06M	USD	1 Quarter
Debt issuance costs write-down/amortization of debt items	`AmortizationOfFinancingCostsAndDiscounts`	$1.88M	USD	2 Qtrs
Debt issuance costs write-down/amortization of debt items	`AmortizationOfFinancingCostsAndDiscounts`	$836.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$5.12M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$3.47M	USD	2 Qtrs
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$7.64M	USD	2 Qtrs
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$3.69M	USD	1 Quarter
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-4.94M	USD	1 Quarter
Derivative (gain) loss	`GainLossOnDerivativeInstrumentsNetPretax`	$-2.45M	USD	2 Qtrs
Cash receipts on derivative settlements	`CashProceedsPaymentsOnDerivativeSettlementsNetOperatingActivities`	$4.75M	USD	2 Qtrs
Cash receipts on derivative settlements	`CashProceedsPaymentsOnDerivativeSettlementsNetOperatingActivities`	$2.21M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$212.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$19.29M	USD	2 Qtrs
Oil and natural gas receivables	`IncreaseDecreaseInAccountsReceivable`	$-3.67M	USD	2 Qtrs
Oil and natural gas receivables	`IncreaseDecreaseInAccountsReceivable`	$-1.23M	USD	2 Qtrs
Joint interest receivables	`IncreaseDecreaseInJointInterestReceivables`	$-1.76M	USD	2 Qtrs
Joint interest receivables	`IncreaseDecreaseInJointInterestReceivables`	$-1.97M	USD	2 Qtrs
Insurance reimbursements	`IncreaseDecreaseInInsuranceSettlementsReceivable`	$-30.10M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-57.93M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxes`	$-16.96M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.37M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.58M	USD	2 Qtrs
Escrow deposit - Apache lawsuit	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$49.50M	USD	2 Qtrs
Asset retirement obligation settlements	`AssetRetirementObligationCashPaidToSettle`	$36.02M	USD	2 Qtrs
Asset retirement obligation settlements	`AssetRetirementObligationCashPaidToSettle`	$25.16M	USD	2 Qtrs
Accounts payable, accrued liabilities and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.77M	USD	2 Qtrs
Accounts payable, accrued liabilities and other	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.67M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-11.27M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$65.58M	USD	2 Qtrs
Investment in oil and natural gas properties and equipment	`PaymentsToExploreAndDevelopOilAndGasProperties`	$17.71M	USD	2 Qtrs
Investment in oil and natural gas properties and equipment	`PaymentsToExploreAndDevelopOilAndGasProperties`	$43.80M	USD	2 Qtrs
Changes in operating assets and liabilities associated with investing activities	`IncreaseDecreaseInOperatingCapitalAssociatedWithInvestingActivities`	$34.12M	USD	2 Qtrs
Changes in operating assets and liabilities associated with investing activities	`IncreaseDecreaseInOperatingCapitalAssociatedWithInvestingActivities`	$827.00K	USD	2 Qtrs
Purchases of furniture, fixtures and other	`PaymentsToAcquireFurnitureAndFixtures`	$853.00K	USD	2 Qtrs
Purchases of furniture, fixtures and other	`PaymentsToAcquireFurnitureAndFixtures`	$70.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-50.40M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-45.48M	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-372.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$83.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$148.08M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-18.02M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$86.41M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.08M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$85.41M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$70.24M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$171.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$85.41M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$70.24M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$171.82M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Beginning Balances	`StockholdersEquity`	$-597.96M	USD	Point-in-time
Beginning Balances	`StockholdersEquity`	$-659.04M	USD	Point-in-time
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.47M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$33.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-120.92M	USD	1 Quarter
Net income	`NetIncomeLoss`	$57.61M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-311.43M	USD	2 Qtrs
Ending Balances	`StockholdersEquity`	$-597.96M	USD	Point-in-time
Ending Balances	`StockholdersEquity`	$-659.04M	USD	Point-in-time

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