ARLP Q4 2016 Earnings Report — Alliance Resource Partners, L.P. Revenue & Financial Results | Market Cap Arena

Alliance Resource Partners, L.P.ARLP

Q4 2016 Earnings

Reported February 24, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2016	Q3 2016	Q4 2015	QoQ Change	YoY Change
Revenue	$527M	$552M	—	-4.5%	—
Op. Income	$124M	$96M	—	28.9%	—
Gross Margin	27.3%	20.7%	—	6.5pp	—
Net Margin	18.4%	12.2%	—	6.2pp	—
EPS (Diluted)	$1.30	$0.91	—	42.9%	—
Free Cash Flow	$184M	$261M	—	-29.4%	—

Revenue Flow

Item	Amount
REVENUE	$527M
Cost of Revenue	$384M
GROSS PROFIT	$144M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$20M
SG&A Expenses	$20M
Other Expenses	$0
Operating Expenses	$20M
Cost & Expenses	$403M
OPERATING INCOME	$124M
Interest Income	$2.0K
Interest Expense	$7M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$120M
Income Tax Expense	$9.0K
Net Income from Continuing Ops	$120M
Net Income from Discontinued Ops	$23M
Other Adjustments	-$3M
NET INCOME	$97M
Net Income Deductions	$20M
BOTTOM LINE NET INCOME	$97M
D&A	$82M
EBIT	$127M
EBITDA	$209M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$527M
Cost of Revenue	$384M
GROSS PROFIT	$144M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$20M
SG&A Expenses	$20M
Other Expenses	$0
Operating Expenses	$20M
Cost & Expenses	$403M
OPERATING INCOME	$124M
Interest Income	$2.0K
Interest Expense	$7M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$120M
Income Tax Expense	$9.0K
Net Income from Continuing Ops	$120M
Net Income from Discontinued Ops	$23M
Other Adjustments	-$3M
NET INCOME	$97M
Net Income Deductions	$20M
BOTTOM LINE NET INCOME	$97M
D&A	$82M
EBIT	$127M
EBITDA	$209M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$97M
Depreciation & Amortization	$82M
Stock-Based Compensation	$0
Deferred Income Tax	-$1M
Other Non-Cash Items	$32M
Change in Working Capital	$0
OPERATING CASH FLOW	$209M
Capital Expenditure	-$25M
Acquisitions (Net)	$2M
Purchases of Investments	-$11M
Sales/Maturities of Investments	$0
Other Investing Activities	$9M
NET CASH FROM INVESTING	-$26M
Net Debt Issuance	-$112M
Common Stock Repurchased	$0
Common Dividends Paid	-$53M
Other Financing Activities	-$176.0K
NET CASH FROM FINANCING	-$165M
FREE CASH FLOW	$184M
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$40M
Short-Term Investments	$0
Net Receivables	$153M
Inventory	$61M
Other Current Assets	$22M
TOTAL CURRENT ASSETS	$277M
PP&E (Net)	$1.6B
Goodwill	$136M
Intangible Assets	$0
Long-Term Investments	$139M
Tax Assets	$0
Other Non-Current Assets	$55M
TOTAL NON-CURRENT ASSETS	$1.9B
TOTAL ASSETS	$2.2B
Account Payables	$64M
Short-Term Debt	$177M
Deferred Revenue	$0
Other Current Liabilities	$44M
TOTAL CURRENT LIABILITIES	$327M
Long-Term Debt	$399M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$288M
TOTAL NON-CURRENT LIABILITIES	$773M
TOTAL LIABILITIES	$1.1B
Common Stock	$1.4B
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	-$39M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$6M
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$2.2B
Total Debt	$662M
Net Debt	$622M