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Forbes Energy Services Ltd.: 10-Q filed 2011-11-14

What Forbes Energy Services Ltd. reported in its quarterly report filed 2011-11-14 (fiscal Q3 2011): 38 published measures, 124 facts as tagged in accession 0001193125-11-311491.

This filing

Form
10-Q (quarterly report)
Filed
2011-11-14
Fiscal period
fiscal Q3 2011
Accession
0001193125-11-311491 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 Forbes Energy Services Ltd. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2011-09-30510,001,917USD
At 2010-12-31451,829,867USD

Total liabilities

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

PeriodValueUnitDays
At 2011-09-30375,999,256USD
At 2010-12-31299,764,177USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2011-09-30119,536,249USD
At 2010-12-31136,795,397USD

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.

PeriodValueUnitDays
At 2011-09-3027,222,278USD
At 2011-06-3034,919,364USD
At 2010-12-3130,458,457USD
At 2010-09-3021,248,063USD
At 2010-06-3016,509,774USD
At 2009-12-3128,425,367USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2011-07-01 to 2011-09-304,361,407USD92
2011-01-01 to 2011-09-30-18,428,777USD273
2010-07-01 to 2010-09-30-2,081,650USD92
2010-01-01 to 2010-09-30-12,494,512USD273

Operating cash flow

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

PeriodValueUnitDays
2011-07-01 to 2011-09-308,970,885USD92
2011-01-01 to 2011-09-30-13,951,075USD273
2010-07-01 to 2010-09-309,035,210USD92
2010-01-01 to 2010-09-30-3,545,830USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2011-07-01 to 2011-09-3012,151,818USD92
2011-01-01 to 2011-09-3035,829,895USD273
2010-07-01 to 2010-09-302,376,938USD92
2010-01-01 to 2010-09-305,621,687USD273

Financing cash flow

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

PeriodValueUnitDays
2011-07-01 to 2011-09-30-4,392,133USD92
2011-01-01 to 2011-09-3053,132,484USD273
2010-07-01 to 2010-09-30-1,854,681USD92
2010-01-01 to 2010-09-302,083,827USD273

Investing cash flow

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

PeriodValueUnitDays
2011-07-01 to 2011-09-30-12,043,269USD92
2011-01-01 to 2011-09-30-42,279,454USD273
2010-07-01 to 2010-09-30-2,388,304USD92
2010-01-01 to 2010-09-30-5,661,365USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2011-09-30-67,948,083USD
At 2010-12-31-49,519,306USD

Basic weighted-average shares

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

PeriodValueUnitDays
2011-07-01 to 2011-09-3020,918,417shares92
2011-01-01 to 2011-09-3020,918,417shares273
2010-07-01 to 2010-09-3020,918,417shares92
2010-01-01 to 2010-09-3020,918,417shares273

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.

PeriodValueUnitDays
2011-07-01 to 2011-09-3026,600,004shares92
2011-01-01 to 2011-09-3020,918,417shares273
2010-07-01 to 2010-09-3020,918,417shares92
2010-01-01 to 2010-09-3020,918,417shares273

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.

PeriodValueUnitDays
2011-07-01 to 2011-09-300.2USD/shares92
2011-01-01 to 2011-09-30-0.88USD/shares273
2010-07-01 to 2010-09-30-0.11USD/shares92
2010-01-01 to 2010-09-30-0.61USD/shares273

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.

PeriodValueUnitDays
2011-07-01 to 2011-09-300.16USD/shares92
2011-01-01 to 2011-09-30-0.88USD/shares273
2010-07-01 to 2010-09-30-0.11USD/shares92
2010-01-01 to 2010-09-30-0.61USD/shares273

Income tax expense or benefit

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

PeriodValueUnitDays
2011-07-01 to 2011-09-302,803,315USD92
2011-01-01 to 2011-09-30-7,230,109USD273
2010-07-01 to 2010-09-30-1,104,267USD92
2010-01-01 to 2010-09-30-6,917,701USD273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2011-09-30289,273,842USD
At 2010-12-31274,231,466USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2011-07-01 to 2011-09-30581,355USD92
2011-01-01 to 2011-09-301,929,633USD273
2010-07-01 to 2010-09-30674,238USD92
2010-01-01 to 2010-09-301,919,077USD273

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.

PeriodValueUnitDays
2011-07-01 to 2011-09-3013,902,853USD92
2011-01-01 to 2011-09-3030,144,106USD273
2010-07-01 to 2010-09-303,456,802USD92
2010-01-01 to 2010-09-301,062,858USD273

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.

PeriodValueUnitDays
At 2011-09-30163,309,743USD
At 2010-12-31125,877,014USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2011-07-01 to 2011-09-306,758,884USD92
2011-01-01 to 2011-09-3020,517,051USD273
2010-07-01 to 2010-09-306,770,550USD92
2010-01-01 to 2010-09-3020,612,136USD273

Current liabilities

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

PeriodValueUnitDays
At 2011-09-3071,659,211USD
At 2010-12-3157,164,153USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2011-09-3043,182,836USD
At 2010-12-3120,719,691USD

Net current accounts receivable

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

PeriodValueUnitDays
At 2011-09-30126,591,586USD
At 2010-12-3185,682,475USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2011-07-01 to 2011-09-30119,268,069USD92
2011-01-01 to 2011-09-30337,043,698USD273
2010-07-01 to 2010-09-3080,519,711USD92
2010-01-01 to 2010-09-30230,221,170USD273

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.

PeriodValueUnitDays
At 2011-09-3020,918,417shares
At 2010-12-3120,918,417shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2011-09-30187,072,177USD
At 2010-12-31185,134,992USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2011-09-30-424,582USD
At 2010-12-31342,974USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2011-09-3031,591,688USD
At 2010-12-3133,737,585USD

Other noncurrent assets

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

PeriodValueUnitDays
At 2011-09-3089,407USD
At 2010-12-3133,036USD

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.

PeriodValueUnitDays
At 2011-09-3017,039,716USD
At 2010-12-3112,595,848USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2011-07-01 to 2011-09-304,028,072USD92
2011-01-01 to 2011-09-30-19,196,333USD273
2010-07-01 to 2010-09-30-1,818,071USD92
2010-01-01 to 2010-09-30-12,230,933USD273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2011-07-01 to 2011-09-304,167,272USD92
2011-01-01 to 2011-09-30-18,421,225USD273
2010-07-01 to 2010-09-30-2,360,082USD92
2010-01-01 to 2010-09-30-12,836,901USD273

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.

PeriodValueUnitDays
2011-07-01 to 2011-09-306,944,206USD92
2011-01-01 to 2011-09-3026,768,334USD273
2010-07-01 to 2010-09-305,535,451USD92
2010-01-01 to 2010-09-3017,747,263USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2011-07-01 to 2011-09-309,747,838USD92
2011-01-01 to 2011-09-3028,429,547USD273
2010-07-01 to 2010-09-309,354,205USD92
2010-01-01 to 2010-09-3027,761,699USD273

Depreciation, depletion and amortization

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

PeriodValueUnitDays
2011-07-01 to 2011-09-3010,463,137USD92
2011-01-01 to 2011-09-3030,575,444USD273
2010-07-01 to 2010-09-3010,089,067USD92
2010-01-01 to 2010-09-3029,927,159USD273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2011-07-01 to 2011-09-302,292USD92
2011-01-01 to 2011-09-3071,128USD273
2010-07-01 to 2010-09-30116,137USD92
2010-01-01 to 2010-09-307,871USD273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2011-07-01 to 2011-09-302,083,899USD92
2011-01-01 to 2011-09-30-9,302,873USD273
2010-07-01 to 2010-09-30-1,474,278USD92
2010-01-01 to 2010-09-30-7,287,712USD273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2011-07-01 to 2011-09-309,380,780USD92
2011-01-01 to 2011-09-3043,517,043USD273
2010-07-01 to 2010-09-30-2,194,674USD92
2010-01-01 to 2010-09-3026,020,239USD273

Inspect the source

Entity
Forbes Energy Services Ltd. / CIK 0001434842
Captured
SEC response SHA-256
a2d973c59b79e30ca9770633f87c38c46a05c56035c2bbc80f9eaf4c5b943422

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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with urlopen("https://canlicapital.com/company-data/0001434842.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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