American Railcar Industries Inc (ARII) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
100 CLARK STREET ST. CHARLES, MO 63301 |
| State of Incorp. | ND |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3743 - Railroad Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 100 | 188 | 298 | 88 | 97 | 205 | ||
| Cash and cash equivalents | 100 | 179 | 298 | 88 | 97 | 205 | ||
| Short-term investments | 9 | |||||||
| Restricted cash and investments | 17 | 17 | 17 | 7 | ||||
| Receivables | 64 | 45 | 38 | 67 | 38 | 40 | ||
| Inventory, net of allowances, customer advances and progress billings | 54 | 75 | 97 | 117 | 90 | 110 | ||
| Inventory | 54 | 75 | 97 | 117 | 90 | 110 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 4 | 4 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | 2 | |||
| Other undisclosed current assets | 6 | 9 | 7 | 47 | 13 | 17 | ||
| Total current assets: | 241 | 332 | 457 | 326 | 245 | 375 | ||
| Noncurrent Assets | ||||||||
| Nontrade receivables | 0 | ✕ | ✕ | |||||
| Property, plant and equipment | 163 | 177 | 176 | 161 | 159 | 156 | ||
| Long-term investments and receivables | 23 | 26 | 27 | 29 | 31 | 45 | ||
| Long-term investments | 23 | 26 | 27 | 29 | 31 | 45 | ||
| Intangible assets, net (including goodwill) | 7 | 7 | 7 | 7 | 7 | 7 | ||
| Goodwill | 7 | 7 | 7 | 7 | 7 | 7 | ||
| Regulated entity, other noncurrent assets | 5 | 5 | ||||||
| Deferred costs | 6 | 2 | 2 | 2 | ||||
| Other noncurrent assets | 4 | 5 | 7 | 4 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 8 | 4 | ||
| Other undisclosed noncurrent assets | 1,032 | 903 | 849 | 663 | 373 | 220 | ||
| Total noncurrent assets: | 1,232 | 1,124 | 1,073 | 867 | 580 | 434 | ||
| TOTAL ASSETS: | 1,473 | 1,456 | 1,530 | 1,192 | 826 | 810 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 47 | 64 | 54 | 89 | 89 | 91 | ||
| Taxes payable | 8 | |||||||
| Employee-related liabilities | 13 | 12 | 11 | 15 | 16 | 18 | ||
| Accounts payable | 21 | 29 | 36 | 69 | 53 | 65 | ||
| Accrued liabilities | 13 | 15 | 6 | 5 | 20 | 8 | ||
| Debt | 26 | 26 | 126 | 111 | 7 | 3 | ||
| Deferred revenue and credits | 17 | |||||||
| Due to related parties | 0 | 3 | 4 | 3 | 1 | 3 | ||
| Other undisclosed current liabilities | 0 | 4 | ||||||
| Total current liabilities: | 73 | 93 | 184 | 219 | 97 | 101 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 520 | 545 | 576 | 298 | 188 | 272 | ||
| Long-term debt, excluding current maturities | 520 | 545 | 576 | 298 | 188 | 272 | ||
| Liabilities, other than long-term debt | 217 | 268 | 234 | 179 | 106 | 67 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | 5 | 10 | ||
| Deferred tax liabilities, net | 194 | 253 | 222 | 168 | 99 | 53 | ||
| Liability, pension and other postretirement and postemployment benefits | 8 | 9 | 8 | 9 | ✕ | ✕ | ||
| Other liabilities | 15 | 6 | 3 | 3 | 3 | 4 | ||
| Total noncurrent liabilities: | 737 | 813 | 810 | 478 | 295 | 339 | ||
| Total liabilities: | 810 | 906 | 994 | 697 | 392 | 440 | ||
| Equity | ||||||||
| Equity, attributable to parent | 664 | 550 | 536 | 495 | 434 | 369 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (86) | (86) | (57) | |||||
| Additional paid in capital | 240 | 240 | 240 | 240 | 240 | 240 | ||
| Accumulated other comprehensive loss | (5) | (6) | (7) | (5) | (1) | (0) | ||
| Retained earnings | 514 | 403 | 361 | 261 | 196 | 130 | ||
| Total equity: | 664 | 550 | 536 | 495 | 434 | 369 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,473 | 1,456 | 1,530 | 1,192 | 826 | 810 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 477 | 639 | 889 | 733 | 751 | 712 | |
| Cost of revenue | (359) | (477) | (632) | (534) | (572) | (563) | |
| Cost of goods and services sold | (359) | (465) | (632) | (534) | (572) | (563) | |
| Gross profit: | 117 | 162 | 258 | 199 | 179 | 148 | |
| Operating expenses | (37) | (32) | (31) | (30) | (28) | (28) | |
| Other undisclosed operating income | 1 | 1 | 1 | ||||
| Operating income: | 81 | 130 | 227 | 170 | 151 | 121 | |
| Nonoperating income (expense) | 4 | 0 | (0) | (0) | 5 | 5 | |
| Investment income, nonoperating | 3 | 3 | |||||
| Other nonoperating income (expense) | 4 | 0 | (0) | (0) | 2 | 2 | |
| Interest and debt expense | (22) | (23) | (24) | (10) | (8) | (20) | |
| Income from continuing operations before equity method investments, income taxes: | 62 | 107 | 203 | 161 | 148 | 106 | |
| Income (loss) from equity method investments | 2 | 5 | 6 | 2 | (9) | (0) | |
| Other undisclosed income from continuing operations before income taxes | 2 | 2 | 2 | 3 | |||
| Income from continuing operations before income taxes: | 66 | 114 | 211 | 165 | 139 | 106 | |
| Income tax expense (benefit) | 76 | (42) | (77) | (65) | (52) | (42) | |
| Income from continuing operations: | 142 | 73 | 133 | 100 | 87 | 64 | |
| Income before gain (loss) on sale of properties: | 142 | 73 | 133 | 100 | 87 | 64 | |
| Net income available to common stockholders, diluted: | 142 | 73 | 133 | 100 | 87 | 64 | |
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 142 | 73 | 133 | 100 | 87 | 64 | |
| Other comprehensive income (loss) | (0) | (1) | 0 | (2) | |||
| Comprehensive income: | 142 | 72 | 134 | 98 | 87 | 64 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2 | 1 | (2) | (2) | (1) | 1 | |
| Comprehensive income, net of tax, attributable to parent: | 144 | 74 | 132 | 96 | 86 | 65 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.