Financial Statements

  Year Ending Dec 2018 (Update) Year Ending Dec 2017 (Update) Year Ending Dec 2016 (Update) Year Ending Dec 2015 (Update)
Cash & Equivalents 9.60 15.66 27.08 15.88
Cash and Short Term Investments 9.60 15.66 27.08 15.88
Accounts Receivable - Trade, Gross 137.56 128.20 59.03 72.08
Provision for Doubtful Accounts -4.42 -6.67 -2.81 -3.24
Accounts Receivable - Trade, Net 133.14 121.53 56.22 68.85
Receivables - Other 11.07 21.85 21.62 23.87
Total Receivables, Net 144.21 143.37 77.83 92.72
Total Inventory 0.00 0.00 0.00 0.00
Prepaid Expenses 41.87 33.32 28.29 17.82
Deferred Income Tax - Current Asset 0.00 0.00 0.00 0.00
Discontinued Operations - Current Asset 0.00 21.31 0.00 0.00
Other Current Assets 2.47 0.00 0.00 0.00
Other Current Assets, Total 2.47 21.31 0.00 0.00
Total Current Assets 198.14 213.66 133.20 126.41
Land/Improvements - Gross 257.21 252.37 105.92 105.73
Construction in Progress - Gross 106.74 129.31 36.68 36.34
Other Property/Plant/Equipment - Gross 3,516.99 3,254.02 2,258.13 2,136.24
Property/Plant/Equipment, Total - Gross 3,880.94 3,635.70 2,400.74 2,278.32
Accumulated Depreciation, Total -1,953.81 -1,598.09 -1,345.55 -1,185.05
Property/Plant/Equipment, Total - Net 1,927.13 2,037.61 1,055.19 1,093.26
Goodwill, Net 1,035.27 1,038.03 756.88 764.63
Intangibles - Gross 753.41 527.33 224.15 223.15
Accumulated Intangible Amortization -294.57 -231.11 -203.10 -190.21
Intangibles, Net 240.44 306.78 31.61 43.50
LT Investment - Affiliate Companies 54.73 52.74 51.33 61.09
LT Investments - Other 56.12 56.12 54.89 44.45
Long Term Investments 110.85 108.86 106.22 105.54
Deferred Charges 0.00 0.00 0.00 0.00
Other Long Term Assets 23.42 14.19 9.66 5.19
Other Long Term Assets, Total 23.42 14.19 9.66 5.19
Total Assets 3,535.26 3,719.13 2,092.76 2,138.53
Accounts Payable 32.50 24.14 6.77 12.58
Accrued Expenses 145.34 131.13 81.90 73.81
Notes Payable/Short Term Debt 0.00 0.00 0.00 0.00
Current Portion of Long Term Debt/Capital Leases 30.47 29.70 14.92 10.94
Dividends Payable 27.58 27.42 19.61 19.55
Customer Advances 47.72 42.53 26.44 27.62
Income Taxes Payable 0.00 0.00 0.00 0.00
Discontinued Operations – Current Liability 0.00 1.00 0.00 0.00
Other Current Liabilities 0.00 0.03 0.45 -0.19
Other Current liabilities, Total 75.30 70.97 46.50 46.98
Total Current Liabilities 283.61 255.94 150.09 144.30
Long Term Debt 2,303.59 2,311.51 1,376.75 1,377.89
Capital Lease Obligations 0.00 0.00 0.00 0.00
Total Long Term Debt 2,303.59 2,311.51 1,376.75 1,377.89
Total Debt 2,334.05 2,341.21 1,391.68 1,388.83
Deferred Income Tax - Long Term Liability 188.13 209.72 244.30 236.53
Deferred Income Tax 188.13 209.72 244.30 236.53
Minority Interest 5.92 5.66 5.30 5.04
Pension Benefits - Underfunded 314.13 334.19 130.79 112.97
Other Long Term Liabilities 30.15 33.82 14.57 16.14
Other Liabilities, Total 344.28 368.01 145.37 129.11
Total Liabilities 3,125.53 3,150.84 1,921.80 1,892.86
Common Stock 0.71 0.71 0.51 0.51
Common Stock, Total 0.71 0.71 0.51 0.51
Additional Paid-In Capital 513.07 615.66 217.73 281.74
Retained Earnings (Accumulated Deficit) -50.83 0.00 0.00 -0.88
Other Equity 0.00 0.00 0.00 0.00
Minimum Pension Liability Adjustment -55.51 -48.46 -47.15 -35.03
Other Comprehensive Income 2.30 0.38 -0.13 -0.67
Other Equity, Total -53.21 -48.08 -47.28 -35.70
Total Equity 409.74 568.29 170.95 245.66
Total Liabilities & Shareholders' Equity 3,535.26 3,719.13 2,092.76 2,138.53
Shares Outstanding – Common Stock Primary Issue 71.19 70.78 50.61 50.47
Total Common Shares Outstanding 71.19 70.78 50.61 50.47
Treasury Shares – Common Primary Issue 0.00 0.00 0.00 0.00
Employees 3,600.00 3,930.00 1,676.00 1,783.00
Part-Time Employees 0.00 0.00 0.00 0.00
Number of Common Shareholders 4,468.00 4,603.00 4,679.00 4,765.00
Accumulated Intangible Amortization 294.57 231.11 203.10 190.21
Deferred Revenue - Current 47.72 42.53 26.44 27.62
Total Current Assets less Inventory 198.14 213.66 133.20 126.41
Quick Ratio 0.70 0.83 0.89 0.88
Current Ratio 0.70 0.83 0.89 0.88
Net Debt 2,330.37 2,331.21 1,369.90 1,377.99
Tangible Book Value -865.98 -776.53 -617.54 -562.46
Tangible Book Value per Share -12.16 -10.97 -12.20 -11.14
Total Long Term Debt, Supplemental 2,325.06 2,343.41 1,397.75 1,401.80
Long Term Debt Maturing within 1 Year 18.35 18.35 9.00 9.10
Long Term Debt Maturing in Year 2 18.35 18.35 9.00 9.10
Long Term Debt Maturing in Year 3 40.35 18.35 9.00 19.10
Long Term Debt Maturing in Year 4 518.35 40.35 9.00 9.10
Long Term Debt Maturing in Year 5 1,729.66 518.35 9.00 855.40
Long Term Debt Maturing in 2-3 Years 58.70 36.70 18.00 28.20
Long Term Debt Maturing in 4-5 Years 2,248.01 558.70 18.00 864.50
Long Term Debt Maturing in Year 6 & Beyond 0.00 1,729.66 1,352.75 500.00
Total Capital Leases 30.36 23.89 16.86 9.44
Capital Lease Payments Due in Year 1 12.12 11.35 5.92 2.49
Capital Lease Payments Due in Year 2 4.95 6.03 4.84 2.48
Capital Lease Payments Due in Year 3 4.95 6.03 4.84 2.02
Capital Lease Payments Due in Year 4 1.47 0.25 0.63 1.08
Capital Lease Payments Due in Year 5 1.47 0.25 0.63 1.01
Capital Lease Payments Due in 2-3 Years 9.91 12.05 9.67 4.49
Capital Lease Payments Due in 4-5 Years 2.95 0.49 1.26 2.09
Capital Lease Payments Due in Year 6 & Beyond 5.39 0.00 0.00 0.37
Total Operating Leases 40.35 53.43 54.10 26.06
Operating Lease Payments Due in Year 1 11.66 15.15 11.30 5.22
Operating Lease Payments Due in Year 2 8.64 12.03 10.00 4.84
Operating Lease Payments Due in Year 3 5.68 9.14 8.84 3.86
Operating Lease Payments Due in Year 4 3.82 5.38 7.07 3.38
Operating Lease Payments Due in Year 5 2.28 3.09 4.29 3.23
Operating Lease Payments Due in 2-3 Years 14.32 21.17 18.84 8.70
Operating Lease Payments Due in 4-5 Years 6.10 8.47 11.36 6.61
Standardized Operating Lease Payments Due in Year 6 and Beyond 8.27 8.64 12.61 5.53
Pension Obligation - Domestic 712.17 777.99 350.39 352.21
Post-Retirement Obligation 109.90 116.97 46.32 40.54
Plan Assets - Domestic 499.79 552.24 263.73 278.04
Plan Assets - Post-Retirement 2.79 2.48 2.29 2.99
Funded Status - Domestic -212.38 -225.75 -86.66 -74.17
Funded Status - Post-Retirement -107.11 -114.49 -44.03 -37.55
Accumulated Obligation - Post-Retirement 0.00 0.00 0.00 0.00
Total Funded Status -319.49 -340.23 -130.69 -111.72
Discount Rate - Domestic 3.75 3.75 4.27 4.76
Discount Rate - Post-Retirement 4.35 3.67 4.12 4.61
Expected Rate of Return - Domestic 7.03 7.23 7.75 8.00
Compensation Rate - Domestic 2.50 2.39 1.75 1.75
Accrued Liabilities - Domestic -212.38 -225.75 -86.66 -76.44
Accrued Liabilities - Post-Retirement -107.11 -114.49 -44.03 -37.55
Net Assets Recognized on Balance Sheet -319.49 -340.23 -130.69 -114.00
Equity % - Domestic 57.91 61.80 60.11 0.00
Equity % - Post-Retirement 59.08 67.31 67.02 0.00
Debt Securities % - Domestic 37.05 34.35 37.95 0.00
Debt Securities % - Post-Retirement 0.00 0.00 42.34 0.00
Other Investments % - Domestic 5.05 3.85 1.94 0.00
Other Investments % - Post-Retirement 2.33 2.42 3.37 0.00
Total Plan Obligations 822.08 894.96 396.71 392.74
Total Plan Assets 502.58 554.72 266.02 281.02

In millions of USD (except for per share items)

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