Company research
ADAMS RESOURCES & ENERGY, INC.
CIK 2178
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, 15-12G, EFFECT, 25-NSE, 4, POS AM.
Recent filings
SCHEDULE 13G/A - filed by NEEDHAM INVESTMENT MANAGEMENT LLC regarding ADAMS RESOURCES & ENERGY, INC.
SCHEDULE 13G/A - filed by RENAISSANCE TECHNOLOGIES LLC regarding ADAMS RESOURCES & ENERGY, INC.
15-12G filing
SCHEDULE 13G/A - filed by AEGIS FINANCIAL CORP regarding ADAMS RESOURCES & ENERGY, INC.
EFFECT filing
Show 5 more recent filings
Financials
FY 2023 · USDSource
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balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 361,334,000Source | 384,159,000Source | 374,703,000Source | 296,187,000Source |
| Property, Plant and Equipment, NetUSD | — | 106,425,000Source | 88,036,000Source | 94,134,000Source |
| GoodwillUSD | 6,673,000Source | 6,428,000Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,985,000Source | 9,745,000Source | 3,317,000Source | 4,106,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 33,256,000Source | 20,532,000Source | 97,825,000Source | 39,293,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 164,295,000Source | 189,039,000Source | 137,789,000Source | 99,799,000Source |
| Assets, CurrentUSD | 232,471,000Source | 250,143,000Source | 273,210,000Source | 187,513,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 3,103,000Source | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 5,832,000Source | 7,720,000Source | 7,113,000Source | 8,051,000Source |
| Other Assets, NoncurrentUSD | 3,308,000Source | 3,698,000Source | 3,027,000Source | 2,383,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 268,618,000Source | 290,982,000Source | 214,317,000Source | 147,095,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 253,000Source | 248,000Source | 433,000Source | 423,000Source |
| Additional Paid in CapitalUSD | 21,802,000Source | 19,965,000Source | 16,913,000Source | 13,340,000Source |
| Retained Earnings (Accumulated Deficit)USD | 70,661,000Source | 72,964,000Source | 143,040,000Source | 135,329,000Source |
| Stockholders' Equity Attributable to ParentUSD | 92,716,000Source | 93,177,000Source | 160,386,000Source | 149,092,000Source |
| Liabilities and EquityUSD | 361,334,000Source | 384,159,000Source | 374,703,000Source | 296,187,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 210,787,000Source | 231,060,000Source | 186,011,000Source | 114,548,000Source |
| Operating Lease, Liability, CurrentUSD | 2,829,000Source | 2,712,000Source | 2,178,000Source | 2,050,000Source |
| Accounts Payable, CurrentUSD | — | 204,391,000Source | 168,224,000Source | 85,991,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,006,000Source | 5,007,000Source | 4,938,000Source | 6,000,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 12,948,000Source | 15,377,000Source | 11,307,000Source | 12,709,000Source |
| Long-term DebtUSD | 21,875,000Source | 24,375,000Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 2,500,000Source | — | — | — |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 27,863,000Source | 22,707,000Source | 19,797,000Source | 18,573,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,193,000Source | 1,022,000Source | 854,000Source | 643,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -24,715,000Source | 46,577,000Source | 37,984,000Source | 5,162,000Source |
| Increase (Decrease) in InventoriesUSD | -7,092,000Source | 7,334,000Source | -394,000Source | -4,751,000Source |
| Increase (Decrease) in Accounts PayableUSD | -21,270,000Source | 34,762,000Source | 82,170,000Source | -61,116,000Source |
| Deferred Income Tax Expense (Benefit)USD | -2,416,000Source | -2,136,000Source | -1,401,000Source | 6,389,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 30,275,000Source | 13,777,000Source | 81,026,000Source | -43,999,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 33,147,000Source | 0Source | 20,200,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,112,000Source | -36,003,000Source | -10,096,000Source | -19,663,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 12,382,000Source | 5,008,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 0Source | 69,928,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -12,984,000Source | -54,024,000Source | -15,678,000Source | -6,528,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 2,517,000Source | 3,775,000Source | 4,141,000Source | 4,081,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 14,179,000Source | -76,250,000Source | 55,252,000Source | -70,190,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 45,246,000Source | 31,067,000Source | 107,317,000Source | 52,065,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,511,000Source | 425,000Source | 746,000Source | 444,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,760,000Source | 1,177,000Source | 800,000Source | — |
| Asset Retirement Obligation, Accretion ExpenseUSD | 51,000Source | 58,000Source | 69,000Source | 49,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | — | 0Source | 0Source |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 14,932,000Source | 17,718,000Source | 13,701,000Source | 10,284,000Source |
| GoodwillUSD | 6,673,000Source | 6,428,000Source | — | — |
| Income Tax Expense (Benefit)USD | 274,000Source | 1,918,000Source | 3,768,000Source | -6,530,000Source |
| Inventory Write-downUSD | — | 0Source | 0Source | 24,200,000Source |
| Investment Income, InterestUSD | 1,471,000Source | 921,000Source | 243,000Source | 656,000Source |
| Net Income (Loss) Attributable to ParentUSD | 212,000Source | 3,487,000Source | 11,888,000Source | 995,000Source |
| Nonoperating Income (Expense)USD | -1,913,000Source | -366,000Source | -503,000Source | 212,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 1,993,322,000Source | 987,434,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 1,193,000Source | 1,022,000Source | 854,000Source | 643,000Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Total RevenueUSD | 2,745,293,000Source | 3,366,917,000Source | 2,025,204,000Source | 1,022,422,000Source |
| Operating Income (Loss)USD | 2,399,000Source | 5,771,000Source | 16,159,000Source | -5,747,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 486,000Source | 5,405,000Source | 15,656,000Source | — |
| Income Tax Expense (Benefit)USD | 274,000Source | 1,918,000Source | 3,768,000Source | -6,530,000Source |
| Net Income (Loss) Attributable to ParentUSD | 212,000Source | 3,487,000Source | 11,888,000Source | 995,000Source |
| Earnings Per Share, BasicUSD per share | 0.08Source | 0.86Source | 2.78Source | 0.23Source |
| Earnings Per Share, DilutedUSD per share | 0.08Source | 0.85Source | 2.75Source | 0.23Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,535,000Source | 4,053,000Source | 4,283,000Source | 4,240,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,568,000Source | 4,091,000Source | 4,323,000Source | 4,254,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,760,000Source | 1,177,000Source | 800,000Source | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.96Source | 0.96Source | 0.96Source | 0.96Source |
| Costs and ExpensesUSD | 2,742,894,000Source | 3,361,146,000Source | 2,009,045,000Source | 1,028,169,000Source |
| Current Income Tax Expense (Benefit)USD | 2,690,000Source | 4,054,000Source | 5,169,000Source | -12,919,000Source |
| General and Administrative ExpenseUSD | 14,932,000Source | 17,718,000Source | 13,701,000Source | 10,284,000Source |
| Interest ExpenseUSD | 3,384,000Source | 1,287,000Source | 746,000Source | 444,000Source |
| Investment Income, InterestUSD | 1,471,000Source | 921,000Source | 243,000Source | 656,000Source |
| Nonoperating Income (Expense)USD | -1,913,000Source | -366,000Source | -503,000Source | 212,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 1,993,322,000Source | 987,434,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | 1,193,000Source | 1,022,000Source | 854,000Source | 643,000Source |