Quality Distribution Inc (QLTY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4041 PARK OAKS BOULEVARD TAMPA, FL 33610 |
| State of Incorp. | FL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4213 - Trucking, Except Local (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 1,358 | 1,957 | 2,704 | |||
| Cash and cash equivalents | 1,358 | 1,957 | 2,704 | |||
| Receivables | 150,136 | 120,932 | 113,906 | |||
| Prepaid expense | 14,118 | 13,401 | ✕ | |||
| Other current assets | 10,374 | 9,919 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 24,345 | ||
| Other undisclosed current assets | 15,987 | 20,709 | 16,609 | |||
| Total current assets: | 191,973 | 166,918 | 157,564 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 156,249 | 170,114 | 190,342 | |||
| Intangible assets, net (including goodwill) | 50,284 | 49,104 | 141,948 | |||
| Goodwill | 34,896 | 32,955 | 104,294 | |||
| Intangible assets, net (excluding goodwill) | 15,388 | 16,149 | 37,654 | |||
| Disposal group, including discontinued operation, noncurrent assets | 2,040 | ✕ | ✕ | |||
| Other noncurrent assets | 8,295 | 8,583 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 12,036 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | 1,129 | |||
| Deferred tax assets, net | 18,942 | 31,401 | 11,713 | |||
| Total noncurrent assets: | 235,810 | 260,331 | 356,039 | |||
| TOTAL ASSETS: | 427,783 | 427,249 | 513,603 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 57,544 | 42,114 | 49,046 | |||
| Interest and dividends payable | 3,512 | |||||
| Taxes payable | 1,071 | 1,286 | 1,191 | |||
| Employee-related liabilities | 7,389 | |||||
| Accounts payable | 12,955 | 10,248 | 9,966 | |||
| Accrued liabilities | 32,617 | 30,580 | 37,889 | |||
| Debt | 7,733 | 12,280 | 9,831 | |||
| Accrued environmental loss contingencies | 4,389 | 3,818 | 2,739 | |||
| Other undisclosed current liabilities | 7,289 | 19,944 | 18,378 | |||
| Total current liabilities: | 76,955 | 78,156 | 79,994 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 348,262 | 372,725 | 410,975 | |||
| Long-term debt, excluding current maturities | 348,080 | 369,730 | 408,850 | |||
| Capital lease obligations | 182 | 2,995 | 2,125 | |||
| Liabilities, other than long-term debt | 56,676 | 56,511 | 66,557 | |||
| Deferred tax liabilities, net | 32,909 | 34,639 | 34,977 | |||
| Accrued environmental loss contingencies | 3,830 | 4,479 | 6,302 | |||
| Other liabilities | 19,937 | 17,393 | 25,278 | |||
| Other undisclosed noncurrent liabilities | (22,416) | (23,892) | (25,483) | |||
| Total noncurrent liabilities: | 382,522 | 405,344 | 452,049 | |||
| Total liabilities: | 459,477 | 483,500 | 532,043 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (31,694) | (56,251) | (18,440) | |||
| Common stock | 450,625 | 441,877 | 437,192 | |||
| Treasury stock, value | (11,860) | (10,557) | (5,849) | |||
| Accumulated other comprehensive loss | (31,005) | (27,477) | (31,752) | |||
| Accumulated deficit | (249,865) | (270,505) | (228,467) | |||
| Warrants and rights outstanding | 25 | |||||
| Other undisclosed equity, attributable to parent | (189,589) | (189,589) | (189,589) | |||
| Total equity: | (31,694) | (56,251) | (18,440) | |||
| TOTAL LIABILITIES AND EQUITY: | 427,783 | 427,249 | 513,603 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 991,758 | 929,810 | 842,118 | ||
| Revenue, net | 876,062 | 842,186 | 755,656 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (796,262) | (727,392) | (656,848) | ||
| Gross profit: | 195,496 | 202,418 | 185,270 | ||
| Operating expenses | (940,528) | (972,574) | (792,975) | ||
| Other operating income, net | 2,450 | 988 | |||
| Other undisclosed operating income | 796,262 | 724,942 | 655,860 | ||
| Operating income (loss): | 51,230 | (42,764) | 49,143 | ||
| Nonoperating income | 3,885 | 6,735 | 2,864 | ||
| Other nonoperating income | 144 | 7,256 | 2,864 | ||
| Interest and debt expense | (26,596) | (521) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (29,258) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 28,519 | (36,550) | 22,749 | ||
| Other undisclosed loss from continuing operations before income taxes | (1,470) | (29,771) | |||
| Income (loss) from continuing operations before income taxes: | 27,049 | (66,321) | 22,749 | ||
| Income tax expense (benefit) | (6,409) | 24,283 | 27,327 | ||
| Income (loss) from continuing operations: | 20,640 | (42,038) | 50,076 | ||
| Income (loss) before gain (loss) on sale of properties: | 20,640 | (42,038) | 50,076 | ||
| Net income (loss) available to common stockholders, diluted: | 20,640 | (42,038) | 50,076 | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | 20,640 | (42,038) | 50,076 | ||
| Comprehensive income (loss): | 20,640 | (42,038) | 50,076 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,528) | 4,275 | (371) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 17,112 | (37,763) | 49,705 | ||
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.