ARLP Q1 2017 Earnings Report — Alliance Resource Partners, L.P. Revenue & Financial Results | Market Cap Arena

Alliance Resource Partners, L.P.ARLP

Q1 2017 Earnings

Reported May 8, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2017	Q4 2016	Q1 2016	QoQ Change	YoY Change
Revenue	$461M	$527M	—	-12.6%	—
Op. Income	$108M	$124M	—	-13.5%	—
Gross Margin	26.8%	27.3%	—	-0.5pp	—
Net Margin	17.9%	18.4%	—	-0.5pp	—
EPS (Diluted)	$1.10	$1.30	—	-15.4%	—
Free Cash Flow	$147M	$184M	—	-20.2%	—

Revenue Flow

Item	Amount
REVENUE	$461M
Cost of Revenue	$338M
GROSS PROFIT	$124M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$16M
SG&A Expenses	$16M
Other Expenses	$0
Operating Expenses	$16M
Cost & Expenses	$354M
OPERATING INCOME	$108M
Interest Income	$24.0K
Interest Expense	$8M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$105M
Income Tax Expense	-$12.0K
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$23M
Other Adjustments	-$2M
NET INCOME	$82M
Net Income Deductions	$20M
BOTTOM LINE NET INCOME	$82M
D&A	$65M
EBIT	$113M
EBITDA	$178M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$461M
Cost of Revenue	$338M
GROSS PROFIT	$124M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$16M
SG&A Expenses	$16M
Other Expenses	$0
Operating Expenses	$16M
Cost & Expenses	$354M
OPERATING INCOME	$108M
Interest Income	$24.0K
Interest Expense	$8M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$105M
Income Tax Expense	-$12.0K
Net Income from Continuing Ops	$105M
Net Income from Discontinued Ops	$23M
Other Adjustments	-$2M
NET INCOME	$82M
Net Income Deductions	$20M
BOTTOM LINE NET INCOME	$82M
D&A	$65M
EBIT	$113M
EBITDA	$178M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$82M
Depreciation & Amortization	$65M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$30M
Change in Working Capital	$0
OPERATING CASH FLOW	$177M
Capital Expenditure	-$30M
Acquisitions (Net)	$704.0K
Purchases of Investments	-$9M
Sales/Maturities of Investments	$0
Other Investing Activities	$3M
NET CASH FROM INVESTING	-$36M
Net Debt Issuance	-$32M
Common Stock Repurchased	$0
Common Dividends Paid	-$53M
Other Financing Activities	-$9M
NET CASH FROM FINANCING	-$94M
FREE CASH FLOW	$147M
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$87M
Short-Term Investments	$0
Net Receivables	$121M
Inventory	$78M
Other Current Assets	$18M
TOTAL CURRENT ASSETS	$305M
PP&E (Net)	$1.6B
Goodwill	$136M
Intangible Assets	$0
Long-Term Investments	$147M
Tax Assets	$0
Other Non-Current Assets	$64M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.2B
Account Payables	$66M
Short-Term Debt	$177M
Deferred Revenue	$0
Other Current Liabilities	$46M
TOTAL CURRENT LIABILITIES	$323M
Long-Term Debt	$368M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$288M
TOTAL NON-CURRENT LIABILITIES	$735M
TOTAL LIABILITIES	$1.1B
Common Stock	$1.5B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$38M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$6M
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$625M
Net Debt	$537M