International Shipholding Corp (ISHC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
11 NORTH WATER STREET MOBILE, AL 36602 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4412 - Deep Sea Foreign Transportation of Freight (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,560 | 6,058 | 12,956 | 21,783 | 21,133 | 21,024 | |||
| Cash and cash equivalents | 9,560 | 6,058 | 12,956 | 21,783 | 21,133 | 21,024 | |||
| Restricted cash and investments | 1,530 | 1,135 | 1,156 | 391 | 1,394 | 1,387 | |||
| Receivables | 27,415 | 27,538 | 34,937 | 30,281 | 34,526 | 42,955 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,331 | 9,163 | 8,134 | 9,760 | 11,243 | ||||
| Inventory | 8,331 | 9,163 | 8,134 | 9,760 | 11,243 | ||||
| Prepaid expense | 8,683 | 9,910 | 7,278 | 8,639 | 10,927 | 10,518 | |||
| Disposal group, including discontinued operation | 51,846 | 5,300 | 6,435 | 6,778 | 6,976 | ||||
| Other current assets | 400 | 612 | 651 | 328 | 370 | 1,038 | |||
| Deferred tax assets | 309 | 288 | 200 | 235 | 408 | 633 | |||
| Other undisclosed current assets | 7,035 | ||||||||
| Total current assets: | 106,778 | 59,172 | 72,776 | 76,569 | 85,494 | 88,798 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 188,577 | 394,368 | 392,221 | 371,155 | 374,733 | 479,252 | |||
| Long-term investments and receivables | 25,742 | 48,740 | 49,411 | 49,625 | 47,952 | 49,811 | |||
| Due from related parties | 1,415 | 1,286 | 1,500 | 1,567 | 1,660 | 2,083 | |||
| Long-term investments | 187 | 22,907 | 22,956 | 22,697 | 21,837 | 22,472 | |||
| Accounts and financing receivable, after allowance for credit loss | 24,140 | 24,547 | 24,955 | 25,361 | 24,455 | 25,256 | |||
| Intangible assets, net (including goodwill) | 23,991 | 26,524 | 27,151 | 27,777 | 28,404 | ||||
| Goodwill | 828 | 2,735 | 2,735 | 2,735 | 2,735 | ||||
| Intangible assets, net (excluding goodwill) | 23,163 | 23,789 | 24,416 | 25,042 | 25,669 | ||||
| Deferred costs | 23,037 | 25,173 | 27,460 | 28,960 | 28,657 | 25,984 | |||
| Other noncurrent assets | 2,168 | 3,012 | 2,959 | 4,614 | 4,843 | 4,940 | |||
| Assets of disposal group, including discontinued operation | ✕ | ✕ | ✕ | ✕ | 32,486 | 48,701 | ✕ | ||
| Deferred tax assets, net | (309) | (408) | |||||||
| Other undisclosed noncurrent assets | 309 | (415,177) | (393,852) | (396,162) | (492,858) | ||||
| Total noncurrent assets: | 239,524 | 495,284 | 83,398 | 120,139 | 136,093 | 95,533 | |||
| Other undisclosed assets | 415,177 | 393,852 | 396,570 | 501,724 | |||||
| TOTAL ASSETS: | 346,302 | 554,456 | 571,351 | 590,560 | 618,157 | 686,055 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 60,496 | 47,833 | 49,488 | 47,805 | 52,731 | 54,901 | |||
| Employee-related liabilities | 2,868 | 2,472 | |||||||
| Accounts payable | 6,502 | ||||||||
| Accrued liabilities | 4,830 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 46,296 | 47,833 | 49,488 | 47,805 | 50,259 | 54,901 | |||
| Debt | 156,800 | 213,700 | 23,062 | 22,412 | 23,367 | 23,347 | |||
| Derivative instruments and hedges, liabilities | 298 | ||||||||
| Self insurance reserve | 1,165 | ||||||||
| Other undisclosed current liabilities | 7 | (2,347) | (1,463) | ||||||
| Total current liabilities: | 217,303 | 259,186 | 72,550 | 70,217 | 76,098 | 78,248 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 192,981 | 203,631 | 219,521 | 230,156 | |||||
| Long-term debt, excluding current maturities | 192,981 | 203,631 | 219,521 | 230,156 | |||||
| Liabilities, other than long-term debt | 40,212 | 65,024 | 68,106 | 56,116 | 58,705 | 52,308 | |||
| Deferred revenue and credits | 15,080 | 15,997 | |||||||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 963 | ✕ | ||
| Deferred tax liabilities, net | 288 | 200 | 235 | 408 | |||||
| Liability, pension and other postretirement and postemployment benefits | 11,597 | 12,084 | |||||||
| Other liabilities | 40,212 | 37,992 | 39,825 | 48,970 | 50,284 | 47,046 | |||
| Derivative instruments and hedges, liabilities | 67 | 6,911 | 7,050 | 5,262 | |||||
| Other undisclosed noncurrent liabilities | (22,952) | (24,013) | 67,527 | 72,321 | 81,858 | ||||
| Total noncurrent liabilities: | 40,212 | 42,072 | 237,074 | 327,274 | 350,547 | 364,322 | |||
| Total liabilities: | 257,515 | 301,258 | 309,624 | 397,491 | 426,645 | 442,570 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 86,332 | 253,198 | 261,727 | 263,286 | 267,610 | 321,733 | |||
| Common stock | 8,783 | 8,776 | 8,761 | 8,753 | 8,743 | 8,727 | |||
| Treasury stock, value | (25,403) | (25,403) | (25,403) | (25,403) | (25,403) | (25,403) | |||
| Additional paid in capital | 141,497 | 141,364 | 141,141 | 140,952 | 140,960 | 140,624 | |||
| Accumulated other comprehensive loss | (12,053) | (12,856) | (12,971) | (13,048) | (16,390) | (13,330) | |||
| Retained earnings (accumulated deficit) | (27,058) | 140,751 | 149,633 | 151,466 | 159,134 | 210,549 | |||
| Other undisclosed equity, attributable to parent | 566 | 566 | 566 | 566 | 566 | 566 | |||
| Total equity: | 86,332 | 253,198 | 261,727 | 263,286 | 267,610 | 321,733 | |||
| Other undisclosed liabilities and equity | 2,455 | (70,217) | (76,098) | (78,248) | |||||
| TOTAL LIABILITIES AND EQUITY: | 346,302 | 554,456 | 571,351 | 590,560 | 618,157 | 686,055 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 57,631 | 66,509 | 67,308 | 68,026 | 70,978 | 74,410 | ||
| Cost of revenue | ||||||||
| Other undisclosed gross profit | (250,830) | (57,187) | (61,805) | |||||
| Gross profit: | (193,199) | 66,509 | 67,308 | 68,026 | 13,791 | 12,605 | ||
| Operating expenses | 27,398 | (70,775) | (65,703) | (68,215) | (107,953) | (73,336) | ||
| Other operating income (expense), net (Other Expenses) | (8,782) | (2,534) | 5,983 | 5,223 | ||||
| Other undisclosed operating income (loss) | 8,592 | 8,782 | 2,534 | (5,983) | 57,187 | 56,582 | ||
| Operating income (loss): | (157,209) | (4,266) | 1,605 | (189) | (36,975) | 1,074 | ||
| Nonoperating expense | (4,810) | (2,726) | (2,444) | (5,166) | (2,135) | (2,322) | ||
| Other nonoperating income | 455 | 463 | 470 | 445 | 456 | |||
| Interest and debt expense | 8,076 | (3,194) | (2,704) | (2,763) | (2,661) | (3,115) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (8,076) | 3,194 | 2,704 | 2,763 | 2,661 | 3,115 | ||
| Loss from continuing operations before equity method investments, income taxes: | (162,019) | (6,992) | (839) | (5,355) | (39,110) | (1,248) | ||
| Income (loss) from equity method investments | (5,765) | 158 | 665 | 893 | 374 | (176) | ||
| Loss from continuing operations before income taxes: | (167,784) | (6,834) | (174) | (4,462) | (38,736) | (1,424) | ||
| Income tax expense (benefit) | (34) | (373) | 7 | (39) | (9,517) | (1,141) | ||
| Loss from continuing operations: | (167,818) | (7,207) | (167) | (4,501) | (48,253) | (2,565) | ||
| Loss before gain (loss) on sale of properties: | (167,818) | (7,207) | (167) | (4,501) | (48,253) | (2,565) | ||
| Net loss attributable to parent: | (167,818) | (7,207) | (167) | (4,501) | (48,253) | (2,565) | ||
| Preferred stock dividends and other adjustments | ||||||||
| Other undisclosed net loss available to common stockholders, basic | (1,305) | (1,305) | (1,306) | (1,305) | (1,305) | (1,305) | ||
| Net loss available to common stockholders, diluted: | (169,123) | (8,512) | (1,473) | (5,806) | (49,558) | (3,870) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (167,818) | (7,207) | (167) | (4,501) | (48,253) | (2,565) | ||
| Other undisclosed comprehensive income | 4,337 | |||||||
| Comprehensive loss: | (163,481) | (7,207) | (167) | (4,501) | (48,253) | (2,565) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,534) | 115 | 77 | 3,342 | (3,060) | 447 | ||
| Comprehensive loss, net of tax, attributable to parent: | (167,015) | (7,092) | (90) | (1,159) | (51,313) | (2,118) | ||
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.