GAINSCO, INC. · Dallas, TX United States (NYSE Amex: GAN)
Key GAINSCO, INC. Financials
| Company Type | Public -(NYSE Amex: GAN) Headquarters |
|---|---|
| Fiscal Year-End | December |
| 2009 Sales (mil.) | $206.8 |
| 2009 Employees | 395 |
GAINSCO, INC. Income Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Revenue | 206.8 | 190.5 | 219.4 |
| Cost of Goods Sold | -- | -- | -- |
| Gross Profit | 206.8 | 190.5 | 219.4 |
| Gross Profit Margin | -- | -- | -- |
| SG&A Expense | -- | -- | -- |
| Depreciation & Amortization | -- | -- | 0.9 |
| Operating Income | 4.1 | (3.4) | (4.3) |
| Operating Margin | 2% | -1.8% | -1.9% |
| Nonoperating Income | (0.4) | 0.1 | 0.0 |
| Nonoperating Expenses | -- | -- | (223.7) |
| Income Before Taxes | 4.1 | (3.4) | (8.4) |
| Income Taxes | 0.1 | 0.0 | 10.2 |
| Net Income After Taxes | 4.1 | (3.4) | (18.6) |
| Continuing Operations | 4.1 | (3.5) | (18.6) |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 4.1 | (3.5) | (18.6) |
| Total Net Income | 4.1 | (3.5) | (18.6) |
| Net Profit Margin | 2% | -1.8% | -8.5% |
| Diluted EPS from Total Net Income | 0.85 | (0.70) | (3.70) |
| Dividends per Share | 0.0 | 0.0 | 0.0 |
All amounts in millions of US Dollars except per share amounts.
GAINSCO, INC. Balance Sheet
| Assets | Dec 09 | Dec 08 | Dec 07 |
| Current Assets | |||
| Cash | 1.6 | 1.4 | 1.7 |
| Net Receivables | 34.2 | 39.9 | 40.0 |
| Inventories | -- | -- | -- |
| Other Current Assets | -- | -- | -- |
| Total Current Assets | -- | -- | -- |
| Net Fixed Assets | 1.8 | 2.9 | 3.5 |
| Other Noncurrent Assets | 240.1 | 236.5 | 241.8 |
| Total Assets | 241.9 | 239.5 | 245.3 |
| Liabilities | Dec 09 | Dec 08 | Dec 07 |
| Current Liabilities | |||
| Accounts Payable | 5.6 | 4.1 | 3.2 |
| Short-Term Debt | 9.2 | 7.8 | 5.9 |
| Other Current Liabilities | -- | -- | -- |
| Total Current Liabilities | -- | -- | -- |
| Long-Term Debt | 43.0 | 43.0 | 43.0 |
| Other Noncurrent Liabilities | 135.9 | 141.1 | 136.3 |
| Total Liabilities | 178.9 | 184.1 | 179.3 |
| Shareholder's Equity | |||
| Preferred Stock Equity | -- | -- | -- |
| Common Stock Equity | 63.0 | 55.3 | 66.0 |
| Total Equity | 63.0 | 55.3 | 66.0 |
| Shares Outstanding (thou.) | 4,782.9 | 4,839.7 | 5,001.9 |
All amounts in millions of US Dollars except per share amounts.
GAINSCO, INC. Cash Flow Statement
| Dec 09 | Dec 08 | Dec 07 | |
| Net Operating Cash Flow | 4 | 16 | (18) |
| Net Investing Cash Flow | (4.7) | (14.7) | 18.6 |
| Net Financing Cash Flow | 1.4 | (1.3) | (2.1) |
| Net Change in Cash | 0.2 | (0.3) | (1.8) |
| Depreciation & Amortization | 0.9 | ||
| Capital Expenditures | (0.4) | (1.2) | (2.4) |
| Cash Dividends Paid | 0.0 |
All amounts in millions of US Dollars except per share amounts.