HNRG FY 2011 Earnings Report — Hallador Energy Company Revenue & Financial Results | Market Cap Arena

Hallador Energy CompanyHNRG

FY 2011 Earnings

Reported March 2, 2012

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2011	Prior Q	FY 2010	QoQ Change	YoY Change
Revenue	$151M	—	$128M	—	17.7%
Op. Income	$39M	—	$38M	—	3.0%
Gross Margin	48.2%	—	42.8%	—	5.3pp
Net Margin	23.7%	—	17.4%	—	6.3pp
EPS (Diluted)	$1.25	—	$0.78	—	60.3%
Free Cash Flow	$26M	—	$10M	—	162.4%

Revenue Flow

Item	Amount
REVENUE	$151M
Cost of Revenue	$78M
GROSS PROFIT	$73M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$7M
Other Expenses	$14M
Operating Expenses	$21M
Cost & Expenses	$99M
OPERATING INCOME	$39M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$18M
INCOME BEFORE TAX	$57M
Income Tax Expense	$21M
Net Income from Continuing Ops	$36M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$36M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$36M
D&A	$14M
EBIT	$58M
EBITDA	$72M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$151M
Cost of Revenue	$78M
GROSS PROFIT	$73M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$7M
Other Expenses	$14M
Operating Expenses	$21M
Cost & Expenses	$99M
OPERATING INCOME	$39M
Interest Income	$0
Interest Expense	$1M
Other Income/Expenses	$18M
INCOME BEFORE TAX	$57M
Income Tax Expense	$21M
Net Income from Continuing Ops	$36M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$36M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$36M
D&A	$14M
EBIT	$58M
EBITDA	$72M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$36M
Depreciation & Amortization	-$2M
Stock-Based Compensation	$2M
Deferred Income Tax	$14M
Other Non-Cash Items	-$2M
Change in Working Capital	$13M
OPERATING CASH FLOW	$61M
Capital Expenditure	-$35M
Acquisitions (Net)	$0
Purchases of Investments	-$2M
Sales/Maturities of Investments	$0
Other Investing Activities	$16M
NET CASH FROM INVESTING	-$21M
Net Debt Issuance	-$10M
Common Stock Repurchased	$0
Common Dividends Paid	-$4M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$12M
FREE CASH FLOW	$26M
Net Change in Cash	$27M

Balance Sheet

Item	Amount
Cash & Equivalents	$38M
Short-Term Investments	$0
Net Receivables	$7M
Inventory	$4M
Other Current Assets	$580.0K
TOTAL CURRENT ASSETS	$49M
PP&E (Net)	$162M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$15M
Tax Assets	$31M
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$184M
TOTAL ASSETS	$232M
Account Payables	$10M
Short-Term Debt	$18M
Deferred Revenue	$0
Other Current Liabilities	$60.0K
TOTAL CURRENT LIABILITIES	$33M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$31M
Other Non-Current Liabilities	$7M
TOTAL NON-CURRENT LIABILITIES	$38M
TOTAL LIABILITIES	$71M
Common Stock	$283.0K
Additional Paid-In Capital	$86M
Retained Earnings	$75M
Treasury Stock	$0
Accum. Other Comp. Income	$41.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$161M
Minority Interest	$0
TOTAL EQUITY	$161M
TOTAL LIABILITIES & EQUITY	$232M
Total Debt	$18M
Net Debt	-$20M