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Superior Drilling Products, Inc.: 10-Q filed 2014-09-12

What Superior Drilling Products, Inc. reported in its quarterly report filed 2014-09-12 (fiscal Q2 2014): 43 published measures, 106 facts as tagged in accession 0001144204-14-055635.

This filing

Form
10-Q (quarterly report)
Filed
2014-09-12
Fiscal period
fiscal Q2 2014
Accession
0001144204-14-055635 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 Superior Drilling Products, Inc. filings.

Reported measures

Total assets

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

PeriodValueUnitDays
At 2014-06-3059,499,051USD
At 2013-12-3120,761,250USD

Total liabilities

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

PeriodValueUnitDays
At 2014-06-3028,747,302USD
At 2013-12-3120,504,444USD

Stockholders equity

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

PeriodValueUnitDays
At 2014-06-3030,751,749USD
At 2013-12-31256,806USD

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 2014-06-307,727,350USD
At 2013-12-3111,256USD
At 2013-06-30176,345USD
At 2012-12-3170,188USD

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
2014-04-01 to 2014-06-30-679,059USD91
2014-01-01 to 2014-06-30186,208USD181
2013-04-01 to 2013-06-30787,682USD91
2013-01-01 to 2013-06-301,514,086USD181

Capital expenditure payments

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

PeriodValueUnitDays
2014-01-01 to 2014-06-30429,677USD181
2013-01-01 to 2013-06-30165,933USD181

Retained earnings or deficit

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

PeriodValueUnitDays
At 2014-06-3040,915USD
At 2013-12-310USD

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
2014-04-01 to 2014-06-3011,795,708shares91
2014-01-01 to 2014-06-3010,313,518shares181
2013-04-01 to 2013-06-300shares91
2013-01-01 to 2013-06-300shares181

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
2014-04-01 to 2014-06-3011,795,708shares91
2014-01-01 to 2014-06-3010,439,801shares181
2013-04-01 to 2013-06-300shares91
2013-01-01 to 2013-06-300shares181

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
2014-04-01 to 2014-06-30-0.06USD/shares91
2014-01-01 to 2014-06-300.02USD/shares181

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
2014-04-01 to 2014-06-30-0.06USD/shares91
2014-01-01 to 2014-06-300.02USD/shares181

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
2014-04-01 to 2014-06-301,078,045USD91
2014-01-01 to 2014-06-301,078,045USD181
2013-04-01 to 2013-06-300USD91
2013-01-01 to 2013-06-300USD181

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 2014-06-3016,403,656USD
At 2013-12-3115,048,871USD

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
2014-04-01 to 2014-06-30852,621USD91
2014-01-01 to 2014-06-301,977,083USD181
2013-04-01 to 2013-06-30842,619USD91
2013-01-01 to 2013-06-301,821,043USD181

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 2014-06-3012,697,651USD
At 2013-12-313,329,518USD

Interest expense

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

PeriodValueUnitDays
2014-04-01 to 2014-06-30579,047USD91
2014-01-01 to 2014-06-30889,886USD181
2013-04-01 to 2013-06-30108,123USD91
2013-01-01 to 2013-06-30363,484USD181

Current liabilities

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

PeriodValueUnitDays
At 2014-06-3010,051,235USD
At 2013-12-318,693,976USD

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 2014-06-30738,459USD
At 2013-12-31445,947USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2014-06-307,095,000USD
At 2013-12-310USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2014-06-3014,696,111USD
At 2013-12-310USD

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 2014-06-303,585,262USD
At 2013-12-312,978,666USD

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
2014-04-01 to 2014-06-303,616,054USD91
2014-01-01 to 2014-06-306,225,259USD181
2013-04-01 to 2013-06-302,122,229USD91
2013-01-01 to 2013-06-303,976,573USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2014-06-301,046,892USD
At 2013-12-3196,028USD

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.

PeriodValueUnitDays
2014-04-01 to 2014-06-301,524,762USD91
2014-01-01 to 2014-06-302,580,028USD181
2013-04-01 to 2013-06-30693,693USD91
2013-01-01 to 2013-06-301,057,300USD181

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 2014-06-3017,291,646shares
At 2013-12-311,000shares

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 2014-06-3030,693,542USD
At 2013-12-31256,806USD

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.

PeriodValueUnitDays
At 2014-06-3022,774,025USD
At 2013-12-3114,255,794USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2014-06-3020,524,550USD
At 2013-12-3118,410,680USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2014-06-304,120,894USD
At 2013-12-313,361,809USD

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 2014-06-3014,696,111USD
At 2013-12-310USD

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 2014-06-30309,916USD
At 2013-12-31194,935USD

Other noncurrent liabilities

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

PeriodValueUnitDays
At 2014-06-307,500USD
At 2013-12-310USD

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 2014-06-301,145,370USD
At 2013-12-31277,579USD

Net deferred tax assets

Deferred tax assets after the valuation allowance. Realization depends on future taxable income, so the balance is not a receivable from tax authorities.

PeriodValueUnitDays
At 2014-06-3045,174USD

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.

PeriodValueUnitDays
2014-04-01 to 2014-06-30398,986USD91
2014-01-01 to 2014-06-301,264,253USD181
2013-04-01 to 2013-06-30787,682USD91
2013-01-01 to 2013-06-301,514,086USD181

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
2014-04-01 to 2014-06-30477,322USD91
2014-01-01 to 2014-06-30762,085USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2014-04-01 to 2014-06-30203,889USD91
2014-01-01 to 2014-06-30203,889USD181

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
2014-04-01 to 2014-06-30-453,635USD91
2014-01-01 to 2014-06-30-712,830USD181
2013-04-01 to 2013-06-30-54,937USD91
2013-01-01 to 2013-06-30-306,957USD181

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

PeriodValueUnitDays
2014-01-01 to 2014-06-30100,719USD181

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
2014-01-01 to 2014-06-30977,326USD181
2013-01-01 to 2013-06-300USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2014-01-01 to 2014-06-3031,050,000USD181
2013-01-01 to 2013-06-300USD181

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
2014-01-01 to 2014-06-30606,596USD181
2013-01-01 to 2013-06-30566,164USD181

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.

PeriodValueUnitDays
2014-01-01 to 2014-06-30311,463USD181
2013-01-01 to 2013-06-300USD181

Inspect the source

Entity
Superior Drilling Products, Inc. / CIK 0001600422
Captured
SEC response SHA-256
40740cb405fbd8a15d25356e4682c1b49507354a15afb66344dc881f5c2db550

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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from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001600422.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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