APPROACH RESOURCES INC: 10-Q filed 2013-08-02

Name: APPROACH RESOURCES INC: 10-Q filed 2013-08-02
Creator: APPROACH RESOURCES INC
License: https://creativecommons.org/licenses/by/4.0/

What APPROACH RESOURCES INC reported in its quarterly report filed 2013-08-02 (fiscal Q2 2013): 25 published measures, 70 facts as tagged in accession 0001193125-13-317436.

This filing

Form: 10-Q (quarterly report)
Filed: 2013-08-02
Fiscal period: fiscal Q2 2013
Accession: 0001193125-13-317436 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All APPROACH RESOURCES INC filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2013-06-30	1,009,933,000	USD
At 2012-12-31	855,739,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2013-06-30	365,666,000	USD
At 2012-12-31	222,271,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2013-06-30	55,278,000	USD
At 2012-12-31	767,000	USD
At 2012-06-30	402,000	USD
At 2011-12-31	301,000	USD

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2013-01-01 to 2013-06-30	44,839,000	USD	181
2012-01-01 to 2012-06-30	46,124,000	USD	182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2013-01-01 to 2013-06-30	135,855,000	USD	181
2012-01-01 to 2012-06-30	102,277,000	USD	182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2013-01-01 to 2013-06-30	-126,183,000	USD	181
2012-01-01 to 2012-06-30	-148,300,000	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2013-06-30	80,052,000	USD
At 2012-12-31	72,612,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	39,007,361	shares	91
2013-01-01 to 2013-06-30	38,965,811	shares	181
2012-04-01 to 2012-06-30	33,524,361	shares	91
2012-01-01 to 2012-06-30	33,387,065	shares	182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	39,029,203	shares	91
2013-01-01 to 2013-06-30	38,976,732	shares	181
2012-04-01 to 2012-06-30	33,550,068	shares	91
2012-01-01 to 2012-06-30	33,493,875	shares	182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	0.2	USD/shares	91
2013-01-01 to 2013-06-30	0.19	USD/shares	181
2012-04-01 to 2012-06-30	0.23	USD/shares	91
2012-01-01 to 2012-06-30	0.29	USD/shares	182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	0.2	USD/shares	91
2013-01-01 to 2013-06-30	0.19	USD/shares	181
2012-04-01 to 2012-06-30	0.23	USD/shares	91
2012-01-01 to 2012-06-30	0.29	USD/shares	182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	4,217,000	USD	91
2013-01-01 to 2013-06-30	4,030,000	USD	181
2012-04-01 to 2012-06-30	4,390,000	USD	91
2012-01-01 to 2012-06-30	5,372,000	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	10,943,000	USD	91
2013-01-01 to 2013-06-30	15,547,000	USD	181
2012-04-01 to 2012-06-30	3,832,000	USD	91
2012-01-01 to 2012-06-30	10,571,000	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2013-06-30	71,498,000	USD
At 2012-12-31	15,656,000	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2013-06-30	55,048,000	USD
At 2012-12-31	60,247,000	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2013-06-30	13,684,000	USD
At 2012-12-31	12,575,000	USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2013-06-30	38,993,702	shares
At 2012-12-31	38,829,368	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit	Days
At 2013-06-30	644,267,000	USD
At 2012-12-31	633,468,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2013-06-30	250,000,000	USD
At 2012-12-31	106,000,000	USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

Period	Value	Unit	Days
At 2013-06-30	8,607,000	USD
At 2012-12-31	843,000	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2013-06-30	27,829,000	USD
At 2012-12-31	29,840,000	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	7,787,000	USD	91
2013-01-01 to 2013-06-30	7,440,000	USD	181
2012-04-01 to 2012-06-30	7,862,000	USD	91
2012-01-01 to 2012-06-30	9,576,000	USD	182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	5,229,000	USD	91
2013-01-01 to 2013-06-30	11,639,000	USD	181
2012-04-01 to 2012-06-30	5,051,000	USD	91
2012-01-01 to 2012-06-30	10,815,000	USD	182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2013-04-01 to 2013-06-30	18,482,000	USD	91
2013-01-01 to 2013-06-30	35,538,000	USD	181
2012-04-01 to 2012-06-30	14,596,000	USD	91
2012-01-01 to 2012-06-30	25,626,000	USD	182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2013-01-01 to 2013-06-30	2,124,000	USD	181
2012-01-01 to 2012-06-30	1,456,000	USD	182

Inspect the source

Entity: APPROACH RESOURCES INC / CIK 0001405073
Captured: 2026-09-22 19:47 UTC
SEC response SHA-256: bf9c158ddc00f5f3946e173e077bb9b9f725c9053fbaac13b7a5241228ec82fb

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print(record["policy"])
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