XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets    
Cash and equivalents $ 159,591 $ 395,156
Accounts receivable, net 1,013,503 664,208
Accounts receivable-related parties 45,165 56,392
Inventories 1,664,212 1,314,747
Deferred income taxes 18,402 17,964
Other current assets 29,263 25,167
Total current assets 2,930,136 2,473,634
Property, plant and equipment, net 3,420,654 2,226,134
Restricted cash 18,257 23,827
Intangible assets, net 406,318 386,159
Goodwill 727,128 731,996
Other assets 75,790 91,256
Total assets 7,578,283 5,933,006
Current liabilities    
Accounts payable 621,579 404,605
Accounts payable-related parties 18,542 10,327
Income taxes payable 26,949 4,023
Accrued payroll and benefits 107,484 93,432
Accrued interest 21,277 31,363
Accrued expenses 113,851 89,884
Current maturities of long-term debt 131,858 341,544
Total current liabilities 1,041,540 975,178
Long-term debt    
Senior term loan 189,062 220,000
Senior notes 2,700,000 1,500,000
Other long-term debt 40,932 46,045
Total long-term debt 2,929,994 1,766,045
Deferred income taxes 543,838 556,038
Other liabilities 24,922 23,376
Commitments and contingencies      
Redeemable noncontrolling interests 126,340 116,514
Equity    
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 260,332,348 and 258,840,350 shares issued; and 240,365,196 and 222,867,408 shares outstanding, as of September 30, 2014 and December 31, 2013,respectively 649 645
Treasury stock, at cost; 19,967,152 and 35,972,942 shares, as of September 30, 2014 and December 31, 2013, respectively (398,818) (718,529)
Additional paid-in capital 1,075,593 1,085,694
Retained earnings 2,300,660 2,179,513
Total Steel Dynamics, Inc. equity 2,978,084 2,547,323
Noncontrolling interests (66,435) (51,468)
Total equity 2,911,649 2,495,855
Total liabilities and equity $ 7,578,283 $ 5,933,006