XML 19 R37.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidating Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Dec. 31, 2010
Condensed Consolidating Financial Statements        
Ownership interest in subsidiaries (as a percent) 100.00%      
Cash and equivalents $ 357,809 $ 390,761 $ 160,810 $ 186,513
Investments in short-term commercial paper 64,982 84,830    
Accounts receivable, net 789,174 722,791    
Inventories 1,270,941 1,199,584    
Other current assets 43,951 57,292    
Total current assets 2,526,857 2,455,258    
Property, plant and equipment, net 2,199,509 2,193,745    
Intangible assets, net 442,277 450,893    
Goodwill 743,441 745,066    
Other assets, including investments in subs 131,543 134,264    
Total assets 6,043,627 5,979,226 5,827,605  
Accounts payable 472,257 420,824    
Accrued expenses 209,978 235,515    
Current maturities of long-term debt 439,633 444,078    
Total current liabilities 1,121,868 1,100,417    
Long-term debt 1,932,019 1,936,022    
Other liabilities 583,255 572,193    
Redeemable noncontrolling interest 73,924 70,694    
Common stock 636 636    
Treasury stock (721,024) (722,653)    
Additional paid-in capital 1,031,043 1,026,157    
Retained earnings (deficit) 2,035,569 2,011,801    
Total Steel Dynamics, Inc. equity 2,346,224 2,315,941    
Noncontrolling interests (13,663) (16,041)    
Total equity 2,332,561 2,299,900    
Total liabilities and equity 6,043,627 5,979,226    
Parent
       
Condensed Consolidating Financial Statements        
Cash and equivalents 273,952 301,073 147,752 173,563
Investments in short-term commercial paper 64,982 84,830    
Accounts receivable, net 314,044 319,995    
Inventories 695,432 584,079    
Other current assets 53,772 83,116    
Total current assets 1,402,182 1,373,093    
Property, plant and equipment, net 1,043,186 1,059,011    
Other assets, including investments in subs 2,788,045 2,791,718    
Total assets 5,233,413 5,223,822    
Accounts payable 158,774 155,220    
Accrued expenses 139,704 157,868    
Current maturities of long-term debt 434,489 439,199    
Total current liabilities 732,967 752,287    
Long-term debt 1,901,644 1,905,199    
Other liabilities 252,578 250,395    
Common stock 636 636    
Treasury stock (721,024) (722,653)    
Additional paid-in capital 1,031,043 1,026,157    
Retained earnings (deficit) 2,035,569 2,011,801    
Total Steel Dynamics, Inc. equity 2,346,224 2,315,941    
Total equity 2,346,224 2,315,941    
Total liabilities and equity 5,233,413 5,223,822    
Guarantors
       
Condensed Consolidating Financial Statements        
Cash and equivalents 67,989 58,699 8,976 10,628
Accounts receivable, net 801,967 726,192    
Inventories 508,592 533,022    
Other current assets 6,271 4,119    
Total current assets 1,384,819 1,322,032    
Property, plant and equipment, net 663,035 660,048    
Intangible assets, net 442,277 450,893    
Goodwill 743,441 745,066    
Other assets, including investments in subs 32,191 33,507    
Total assets 3,265,763 3,211,546    
Accounts payable 314,741 273,049    
Accrued expenses 93,131 98,498    
Current maturities of long-term debt 300 300    
Total current liabilities 408,172 371,847    
Other liabilities 2,124,643 2,132,778    
Common stock 33,896 33,896    
Additional paid-in capital 117,737 117,737    
Retained earnings (deficit) 581,315 555,288    
Total Steel Dynamics, Inc. equity 732,948 706,921    
Total equity 732,948 706,921    
Total liabilities and equity 3,265,763 3,211,546    
Combined Non-Guarantors
       
Condensed Consolidating Financial Statements        
Cash and equivalents 15,868 30,989 4,082 2,322
Accounts receivable, net 11,469 8,971    
Inventories 71,260 85,046    
Other current assets 1,944 2,304    
Total current assets 100,541 127,310    
Property, plant and equipment, net 496,065 477,514    
Other assets, including investments in subs 9,555 9,853    
Total assets 606,161 614,677    
Accounts payable 22,117 23,195    
Accrued expenses 9,156 10,012    
Current maturities of long-term debt 42,072 53,551    
Total current liabilities 73,345 86,758    
Long-term debt 178,345 169,797    
Other liabilities 38,110 51,625    
Redeemable noncontrolling interest 73,924 70,694    
Common stock 18,121 18,121    
Additional paid-in capital 368,598 347,151    
Retained earnings (deficit) (130,619) (113,428)    
Total Steel Dynamics, Inc. equity 256,100 251,844    
Noncontrolling interests (13,663) (16,041)    
Total equity 242,437 235,803    
Total liabilities and equity 606,161 614,677    
Consolidating Adjustments
       
Condensed Consolidating Financial Statements        
Accounts receivable, net (338,306) (332,367)    
Inventories (4,343) (2,563)    
Other current assets (18,036) (32,247)    
Total current assets (360,685) (367,177)    
Property, plant and equipment, net (2,777) (2,828)    
Other assets, including investments in subs (2,698,248) (2,700,814)    
Total assets (3,061,710) (3,070,819)    
Accounts payable (23,375) (30,640)    
Accrued expenses (32,013) (30,863)    
Current maturities of long-term debt (37,228) (48,972)    
Total current liabilities (92,616) (110,475)    
Long-term debt (147,970) (138,974)    
Other liabilities (1,832,076) (1,862,605)    
Common stock (52,017) (52,017)    
Additional paid-in capital (486,335) (464,888)    
Retained earnings (deficit) (450,696) (441,860)    
Total Steel Dynamics, Inc. equity (989,048) (958,765)    
Total equity (989,048) (958,765)    
Total liabilities and equity $ (3,061,710) $ (3,070,819)