Independence Contract Drilling, Inc.: 10-Q filed 2015-10-29
What Independence Contract Drilling, Inc. reported in its quarterly report filed 2015-10-29 (fiscal Q3 2015): 28 published measures, 78 facts as tagged in accession 0001537028-15-000014.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2015-10-29
- Fiscal period
- fiscal Q3 2015
- Accession
- 0001537028-15-000014 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Independence Contract Drilling, 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 2015-09-30 | 317,841,000 | USD | |
| At 2014-12-31 | 289,547,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-30 | 80,874,000 | USD | |
| At 2014-12-31 | 52,811,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-30 | 236,967,000 | USD | |
| At 2014-12-31 | 236,736,000 | 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 | Days |
|---|---|---|---|
| At 2015-09-30 | 5,388,000 | USD | |
| At 2014-12-31 | 10,757,000 | USD | |
| At 2014-09-30 | 13,173,000 | USD | |
| At 2013-12-31 | 2,730,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -3,377,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | -2,654,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | -1,413,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -3,562,000 | USD | 273 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-01-01 to 2015-09-30 | 67,665,000 | USD | 273 |
| 2014-01-01 to 2014-09-30 | 97,913,000 | USD | 273 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | 21,344,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | 64,732,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | 19,123,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 47,333,000 | USD | 273 |
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 2015-09-30 | -37,943,000 | USD | |
| At 2014-12-31 | -35,289,000 | 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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | 23,920,000 | shares | 92 |
| 2015-01-01 to 2015-09-30 | 23,874,000 | shares | 273 |
| 2014-07-01 to 2014-09-30 | 19,174,000 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 14,563,000 | shares | 273 |
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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | 23,920,000 | shares | 92 |
| 2015-01-01 to 2015-09-30 | 23,874,000 | shares | 273 |
| 2014-07-01 to 2014-09-30 | 19,174,000 | shares | 92 |
| 2014-01-01 to 2014-09-30 | 14,563,000 | shares | 273 |
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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -0.14 | USD/shares | 92 |
| 2015-01-01 to 2015-09-30 | -0.11 | USD/shares | 273 |
| 2014-07-01 to 2014-09-30 | -0.07 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | -0.24 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -0.14 | USD/shares | 92 |
| 2015-01-01 to 2015-09-30 | -0.11 | USD/shares | 273 |
| 2014-07-01 to 2014-09-30 | -0.07 | USD/shares | 92 |
| 2014-01-01 to 2014-09-30 | -0.24 | USD/shares | 273 |
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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -326,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | -386,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | -352,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -1,570,000 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-30 | 287,271,000 | USD | |
| At 2014-12-31 | 250,498,000 | USD |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-01-01 to 2015-09-30 | 2,472,000 | USD | 273 |
| 2014-01-01 to 2014-09-30 | 2,000,000 | USD | 273 |
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 |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -2,841,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | -1,149,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | -672,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -4,427,000 | USD | 273 |
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 2015-09-30 | 27,970,000 | USD | |
| At 2014-12-31 | 36,300,000 | 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 2015-09-30 | 19,357,000 | USD | |
| At 2014-12-31 | 51,890,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-30 | 10,460,000 | USD | |
| At 2014-12-31 | 21,993,000 | 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 2015-09-30 | 15,328,000 | USD | |
| At 2014-12-31 | 19,127,000 | USD |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | 3,756,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | 11,338,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | 3,618,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | 7,785,000 | USD | 273 |
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 2015-09-30 | 24,402,904 | shares | |
| At 2014-12-31 | 24,455,709 | shares |
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 2015-09-30 | 2,600,000 | USD | |
| At 2014-12-31 | 2,749,000 | 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 2015-09-30 | 8,897,000 | USD | |
| At 2014-12-31 | 6,970,000 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2015-09-30 | 4,636,000 | USD | |
| At 2014-12-31 | 3,969,000 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-07-01 to 2015-09-30 | -3,703,000 | USD | 92 |
| 2015-01-01 to 2015-09-30 | -3,040,000 | USD | 273 |
| 2014-07-01 to 2014-09-30 | -1,765,000 | USD | 92 |
| 2014-01-01 to 2014-09-30 | -5,132,000 | USD | 273 |
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.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-01-01 to 2015-09-30 | 129,000 | USD | 273 |
| 2014-01-01 to 2014-09-30 | -1,570,000 | USD | 273 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2015-01-01 to 2015-09-30 | 317,000 | USD | 273 |
| 2014-01-01 to 2014-09-30 | 1,003,000 | USD | 273 |
Inspect the source
- Entity
- Independence Contract Drilling, Inc. / CIK 0001537028
- Captured
- 2026-09-21T17:19:44.288Z
- SEC response SHA-256
4e7ba40bfb0ab22569ad8c292b4d640095b33efc4dd5d9eed6818e3ecea65241
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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with urlopen("https://canlicapital.com/company-data/0001537028.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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