Company Information

  

Address: 8834 MAYFIELD ROAD  
City: CHESTERLAND 
State: OH 
Zip Code: 44026 
Telephone: 800-255-7263 

Description of Business

Primary SIC Code: 1400
(As filed with the SEC)  

We are one of the world's largest providers of sand-based proppant solutions and for nearly 40 years have been a pioneer in the development of high performance proppants used by Exploration & Production ("E&P") companies to enhance the productivity of their oil and gas wells. Additionally, for more than 120 years, we and our predecessor companies have provided high quality sand-based products, strong technical leadership and applications knowledge to end users in the I&R markets. As one of the industry leaders, our asset base at December 31, 2016 included 742 million tons of proven and probable mineral reserves, which we believe is one of the largest reserve bases in the industry. Due to the conditions in the oil and gas markets, we have adjusted our operational footprint to minimize our costs and consolidate into the lowest-cost footprint possible and continue to make cost reductions.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.16NAN/E
03/2017-0.66NAN/E
12/2016-0.78NAN/E
09/2016-1.27NAN/E
06/2016-1.46NAN/E
03/2016-0.82NAN/E
12/2015-0.57NAN/E
09/20150.22NA12.27

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-26.98Total Liab/Total Assets0.79
Net Inc/Total Assets-0.12Total Liab/Inv Cap0.85
Net Inc/Inv Cap-0.13Total Liab/Comm Equity183.16
Pretax Inc/Net Sales-0.45Interest Coverage Ratio-2.66
Net Inc/Net Sales-0.26Curr Debt/Equity0.04
Cash Flow/Net Sales-0.01LTD/Equity3.32
SG&A/NetSales0.16Total Debt/Equity3.36
Asset Utilization   Liquidity  
Net Receivables Turnover5.35Quick Ratio4.06
Inventory Turnover7.47Current Ratio4.77
Inventory Day Sales0.02Net Rec/Curr Assets0.28
Net Sales/Work Cap1.91Inv/Curr Assets0.15
Net Sales/PP&E0.74  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 233.23 172.58 140.53 134.78
Cost of Goods Sold 163.14 131.75 112.25 114.87
Selling & Admin Exps 26.22 21.41 18.21 26.60
Operating Income 24.03 -0.02 -10.30 -24.46
Interest Exp 12.98 12.54 15.32 16.18
Pretax Income 11.04 -12.56 -20.51 -40.64
Other Income 0.00 0.00 5.12 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 10.48 -11.59 -19.91 -20.63

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 178.53 210.66 194.07 213.43
Receivables - Total 126.24 114.48 100.02 99.38
Inventories - Total 60.81 61.69 52.65 53.15
Total Current Assets 371.20 393.07 353.80 375.23
Net Property, Plant & Equipment 716.36 722.46 727.74 744.00
Total Assets 1,204.84 1,235.28 1,202.91 1,239.01
Liabilities        
Accounts Payable 100.57 96.98 63.45 60.81
Debt in Current Liabilities 12.17 11.62 10.71 30.39
Total Current Liabilities 112.74 108.60 74.16 91.20
Long-Term Debt 783.95 833.49 832.31 1,113.69
Total Liabilities 948.10 992.34 951.86 1,252.67
Stockholder's Equity        
Minority Interest 0.27 0.25 0.07 0.31
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 2.42 2.42 2.42 2.41
Retained Earnings 263.31 252.83 264.85 284.76
Treasury Stock -288.85 -290.81 -294.87 -773.13
Total Stockholders' Equity 256.74 242.95 251.05 -13.66
Total Liabilities and Stockholders' Equity 1,204.84 1,235.28 1,202.91 1,239.01

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 28.28 25.97 8.54 -2.19
Net Cash Provided by Investing Activities -6.44 -6.83 -1.50 -6.53
Net Cash Provided by Financing Activities -54.46 -2.50 -26.00 160.61

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012885.19148.89--
12/2013988.39103.96--
12/20141,356.46170.45--
12/2015828.71-92.14-0.57
12/2016535.01-140.19-0.78
Growth Rates-11.83----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17217188,70784.21




Report Date : 10/16/2017

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