Walter Energy Inc (WLT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
3000 RIVERCHASE GALLERIA BIRMINGHAM, AL 35244 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 122 - Bituminous Coal And Lignite Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 267,003 | 434,706 | 468,532 | 614,623 | 293,472 | 404,715 | |||
| Cash and cash equivalent | 267,003 | 434,706 | 468,532 | 614,623 | 293,472 | 404,715 | |||
| Receivables | 71,670 | 215,746 | 341,920 | 217,083 | 231,032 | 254,874 | |||
| Inventory, net of allowances, customer advances and progress billings | 162,106 | 172,335 | 201,598 | 226,074 | 274,482 | 311,167 | |||
| Inventory | 162,106 | 172,335 | 201,598 | 226,074 | 274,482 | 311,167 | |||
| Prepaid expense | 52,194 | 40,161 | 46,190 | 43,320 | 45,361 | 29,261 | |||
| Deferred costs | 10,300 | ||||||||
| Other current assets | 9,080 | 8,966 | 19,542 | 12,999 | 12,504 | 14,209 | |||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | 24,150 | ✕ | ||
| Other undisclosed current assets | 144,982 | 16,817 | (117,307) | 30,246 | 32,079 | 33,864 | |||
| Total current assets: | 707,035 | 888,731 | 970,775 | 1,144,345 | 913,080 | 1,048,090 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 903,685 | 1,424,047 | 1,466,297 | 1,513,165 | 1,547,280 | 1,615,419 | |||
| Regulated entity, other noncurrent assets | 48,805 | 51,209 | |||||||
| Other noncurrent assets | 70,422 | 69,919 | 112,256 | 115,433 | 113,926 | 98,020 | |||
| Deferred tax assets, net | (730,685) | ||||||||
| Other undisclosed noncurrent assets | 397,765 | 2,768,531 | 3,567,486 | 2,867,569 | 2,887,612 | 2,887,136 | |||
| Total noncurrent assets: | 1,420,677 | 4,313,706 | 4,415,354 | 4,496,167 | 4,548,818 | 4,600,575 | |||
| TOTAL ASSETS: | 2,127,712 | 5,202,437 | 5,386,129 | 5,640,512 | 5,461,898 | 5,648,665 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 180,152 | 203,192 | 234,926 | 231,567 | 203,282 | 237,846 | |||
| Interest and dividends payable | 42,329 | ||||||||
| Employee-related liabilities | 28,299 | ||||||||
| Accounts payable | 50,752 | 47,547 | 38,980 | 51,894 | 60,451 | 72,213 | |||
| Accrued liabilities | 129,400 | 155,645 | 125,318 | 179,673 | 142,831 | 165,633 | |||
| Debt | 3,025,849 | 3,015,274 | 12,327 | 14,178 | 15,353 | 15,379 | |||
| Liability for uncertainty in income taxes | 166,100 | 42,488 | |||||||
| Asset retirement obligation | 22,740 | ||||||||
| Disposal group, including discontinued operation | 4,049 | ||||||||
| Other liabilities | 53,411 | 213,597 | 215,952 | 221,409 | 225,713 | 225,851 | |||
| Other undisclosed current liabilities | 29,788 | 29,410 | (110,873) | 31,311 | 30,887 | 30,462 | |||
| Total current liabilities: | 3,455,300 | 3,461,473 | 421,609 | 498,465 | 475,235 | 509,538 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 3,123,643 | 3,176,219 | 2,880,951 | 2,918,066 | |||||
| Other undisclosed long-term debt and lease obligation | 3,123,643 | 3,176,219 | 2,880,951 | 2,918,066 | |||||
| Liabilities, other than long-term debt | 904,341 | 1,543,815 | 1,648,896 | 1,510,910 | 1,548,377 | 1,551,452 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | 576,878 | 574,856 | 573,324 | ||
| Asset retirement obligations | 89,600 | ||||||||
| Deferred tax liabilities, net | 70,037 | 704,704 | 730,685 | 751,565 | 783,591 | 790,263 | |||
| Liability for uncertainty in income taxes | |||||||||
| Liability, pension and other postretirement and postemployment benefits | 645,879 | 643,453 | 641,231 | ||||||
| Other liabilities | 188,425 | 195,658 | 187,380 | 182,467 | 189,930 | 187,865 | |||
| Other undisclosed noncurrent liabilities | (89,600) | ||||||||
| Total noncurrent liabilities: | 904,341 | 1,543,815 | 4,682,939 | 4,687,129 | 4,429,328 | 4,469,518 | |||
| Total liabilities: | 4,359,641 | 5,005,288 | 5,104,548 | 5,185,594 | 4,904,563 | 4,979,056 | |||
| Equity | |||||||||
| Equity, attributable to parent | (2,231,929) | 197,149 | 281,581 | 454,918 | 557,335 | 669,609 | |||
| Common stock | 807 | 807 | 720 | 681 | 658 | 626 | |||
| Additional paid in capital | 1,679,576 | 1,678,710 | 1,668,407 | 1,654,467 | 1,639,310 | 1,614,987 | |||
| Accumulated other comprehensive loss | (207,554) | (232,674) | (218,048) | (158,829) | (140,134) | (154,896) | |||
| Accumulated deficit | (3,704,758) | (1,249,694) | (1,169,498) | (1,041,401) | (942,499) | (791,108) | |||
| Total equity: | (2,231,929) | 197,149 | 281,581 | 454,918 | 557,335 | 669,609 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,127,712 | 5,202,437 | 5,386,129 | 5,640,512 | 5,461,898 | 5,648,665 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 196,627 | 290,926 | 285,563 | 329,546 | 378,351 | 413,885 | ||
| Revenue, net | 193,835 | 285,646 | 319,542 | 377,982 | 405,229 | |||
| Cost of revenue | (238,200) | (297,026) | (484,579) | (311,794) | (427,446) | (421,677) | ||
| Cost of product and service sold | (225,867) | (284,693) | (275,196) | (297,925) | ||||
| Gross profit: | (41,573) | (6,100) | (199,016) | 17,752 | (49,095) | (7,792) | ||
| Operating expenses | (2,980,081) | (80,243) | 93,414 | (72,585) | (50,344) | (39,270) | ||
| Other operating income, net | 2,792 | 5,280 | 10,004 | 369 | ||||
| Other undisclosed operating loss | (2,792) | (5,280) | (10,004) | (369) | ||||
| Operating loss: | (3,021,654) | (86,343) | (105,602) | (54,833) | (99,439) | (47,062) | ||
| Nonoperating income (expense) | 1,424 | 978 | (1,756) | |||||
| Other nonoperating income (expense) | 1,424 | 978 | (1,756) | |||||
| Interest and debt expense | 55,075 | (263,132) | 3,394 | 11,397 | (79,396) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (74,851) | (74,685) | 218,065 | (79,231) | (73,402) | 75 | ||
| Loss from continuing operations before income taxes: | (3,096,505) | (105,953) | (150,669) | (129,246) | (160,466) | (128,139) | ||
| Income tax benefit | 641,441 | 25,757 | 22,572 | 30,344 | 9,075 | 35,961 | ||
| Loss from continuing operations: | (2,455,064) | (80,196) | (128,097) | (98,902) | (151,391) | (92,178) | ||
| Loss before gain (loss) on sale of properties: | (2,455,064) | (80,196) | (128,097) | (98,902) | (151,391) | (92,178) | ||
| Net loss available to common stockholders, diluted: | (2,455,064) | (80,196) | (128,097) | (98,902) | (151,391) | (92,178) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,455,064) | (80,196) | (128,097) | (98,902) | (151,391) | (92,178) | ||
| Other comprehensive loss | (8,583) | |||||||
| Other undisclosed comprehensive loss | (36,584) | |||||||
| Comprehensive loss: | (2,455,064) | (88,779) | (164,681) | (98,902) | (151,391) | (92,178) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 25,120 | (6,043) | (22,635) | (18,695) | 14,762 | 7,362 | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,429,944) | (94,822) | (187,316) | (117,597) | (136,629) | (84,816) | ||
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.