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Amcol International Corp (ACO) SEC Filing 10-Q Quarterly report for the period ending Sunday, June 30, 2013

SEC Filings

Amcol International Corp

CIK: 813621 Ticker: ACO
 


Exhibit 99.1
 

 
AMCOL International Corporation (NYSE: ACO) Reports Second Quarter Results
 
HOFFMAN ESTATES, IL--(Marketwired - July 25, 2013) - For the second quarter of 2013, AMCOL International Corporation (NYSE:
ACO) generated diluted earnings attributable to its shareholders of $0.51 per share versus $0.67 per share in the prior year's quarter. The 2013 quarter's diluted earnings per share would have been $0.06 greater, or $0.57 per share, excluding certain special items, primarily expenses associated with restructuring our construction technologies segment.
 
Net sales increased $5.4 million to $262.8 million in the 2013 second quarter, and gross profit decreased $2.7 million to $72.0 million. Gross profit margin decreased 160 basis points to 27.4%. Operating profit decreased 19.6% to $25.0 million, and operating profit margin decreased 260 basis points to 9.5%. SG&A expenses increased $3.4 million to $47.0 million and include $1.7 million of restructuring expenses, largely in our construction technologies segment. Our effective tax rate for the 2013 second quarter was 28.6% compared to 27.3% in the prior year period.
 
"From an operating perspective, while several product lines faced challenges in the quarter, others exhibited strong performance. In performance materials, we were pleased with the steady performance in our metalcasting product line both in the US and in Asia, despite softness in chromite sales. We estimate that lower drilling fluid and chromite product sales within the segment accounted for a $0.09 per share decrease in EPS compared to the prior year's quarter," said AMCOL President and CEO Ryan McKendrick.
 
"Although our construction technologies segment faced challenges in the quarter, we are seeing sales develop for our new lining technologies products. We also completed the restructuring initiatives we started in early 2013," McKendrick continued.
 
"Energy services completed another good quarter with sales up 27.2% and operating profit up 14.3%. We are seeing a good rebound in activity in the Gulf of Mexico, but it is offset by lower profitability for domestic land based business. This led to a lower gross profit margin for the segment," McKendrick added.
 
 
 
 

 
 
DETAILED ANALYSIS OF RESULTS
 
The following paragraphs discuss our most recent results. The statement of operations highlights are supported by the quarterly segment results schedules included in this press release. As they relate to our results as contained in the statement of operations, the following comments relate to our results for the current quarter as compared to the same quarter in the prior year, unless otherwise noted. As they relate to the balance sheet, the following paragraphs highlight our financial condition as of June 30, 2013 as compared to December 31, 2012. As they relate to our statement of cash flows, the following comments compare our results for the six months ending June 30, 2013 as compared to the six months ending June 30, 2012.
 
The $16.6 million, or 27.2%, increase in revenues from our energy services segment was large enough to offset the decreased sales experienced in our other segments. Energy service segment revenues increased as our filtration services were in greater demand due to increased offshore activity in the Gulf of Mexico. Lower sales volumes in construction technologies account for the $5.3 million decrease in that segment's revenues. Lower volumes, principally in chromite product offerings within metalcasting sales and drilling products within basic minerals, led to the $3.9 million sales decrease in our performance materials segment.
 
Gross profit margins decreased 160 basis points to 27.4%, with the largest decrease occurring in our energy services segment. There, land based services, particularly coil tubing and well testing offerings, experienced lower prices due to increased competition. Lower volume within our performance materials segment decreased that segment's gross profit margins 200 basis points to 25.2%.
 
Selling, general and administrative expenses increased $3.4 million and included $1.7 million of restructuring charges, mostly in our construction technologies segment. Excluding restructuring charges, increased employee and related expenses were the main drivers of the increased SG&A costs.
 
Our cash flows from operating activities decreased $18.5 million to $20.4 million largely due to the decreased net income and increased investments in working capital. The current year-to-date period is not benefitting from the significant decrease in accounts receivable that we experienced in the prior year's period, especially in our energy services segment. Capital expenditures increased, mostly in our energy services segment, and we invested $5.0 million in Novinda in the first quarter of 2013. The combination of these factors led us to borrow $31.2 million more than in the prior year-to-date period. Our quarterly dividend rate increased to $0.20 per share from $0.18 per share in the prior year's second quarter.
 
 
 
 

 
 
This release should be read in conjunction with the attached unaudited, condensed, consolidated financial statements. It contains certain forward-looking statements regarding AMCOL's expected performance for future periods and actual results for such periods might materially differ. Such forward-looking statements are subject to uncertainties, which include, but are not limited to, actual growth in AMCOL's various markets, utilization of AMCOL's plants, currency exchange rates, currency devaluation, delays in development, production and marketing of new products, integration of acquired businesses, and other factors detailed from time to time in AMCOL's annual report and other reports filed with the Securities and Exchange Commission. AMCOL undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in AMCOL's expectations.
 
AMCOL International, headquartered in Hoffman Estates, IL, develops and markets a wide range of mineral and technology based products and services for use in various industrial, environmental and consumer applications. AMCOL is the parent company of American Colloid Company, CETCO (Colloid Environmental Technologies Company, LLC), CETCO Energy Services Company, LLC and the transportation operations, Ameri-co Carriers, Inc. and Ameri-co Logistics, Inc. AMCOL's common stock is traded on the New York Stock Exchange under the symbol ACO. AMCOL's web address is www.amcol.com. AMCOL's quarterly quarter conference call will be available live today at 11 a.m. ET on the AMCOL website via webcast or by dialing 866-225-0198.
 
Financial tables follow.
 
 
 

 
 
AMCOL INTERNATIONAL CORPORATION
 
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
 
(unaudited)
 
(In millions, except per share data)
 
                         
   
Six Months Ended
   
Three Months Ended
 
   
June 30,
   
June 30,
 
   
2013
   
2012
   
2013
   
2012
 
                                 
Net sales
 
$
499.5
   
$
492.9
   
$
262.8
   
$
257.4
 
Cost of sales
   
364.4
     
353.5
     
190.8
     
182.7
 
Gross profit
   
135.1
     
139.4
     
72.0
     
74.7
 
                                 
Selling, general, and administrative expenses
   
93.8
     
86.9
     
47.0
     
43.6
 
Operating profit
   
41.3
     
52.5
     
25.0
     
31.1
 
                                 
Other income (expense):
                               
Interest expense, net
   
(5.0
)
   
(5.4
)
   
(2.5
)
   
(2.7
)
Other, net
   
(1.2
)
   
(2.7
)
   
(0.5
)
   
(0.6
)
     
(6.2
)
   
(8.1
)
   
(3.0
)
   
(3.3
)
Income before income taxes and income (loss) from affiliates and joint ventures
   
35.1
     
44.4
     
22.0
     
27.8
 
Income tax expense
   
9.9
     
12.0
     
6.3
     
7.6
 
Income before income (loss) from affiliates and joint ventures
   
25.2
     
32.4
     
15.7
     
20.2
 
                                 
Income (loss) from affiliates and joint ventures
   
1.8
     
2.4
     
0.9
     
1.1
 
                                 
Net income
   
27.0
     
34.8
     
16.6
     
21.3
 
                                 
Net income (loss) attributable to noncontrolling interests
   
-
     
(0.2
)
   
0.1
     
(0.3
)
                                 
Net income attributable to AMCOL shareholders
 
$
27.0
   
$
35.0
   
$
16.5
   
$
21.6
 
                                 
Weighted average common shares outstanding
   
32.4
     
32.0
     
32.4
     
32.0
 
                                 
Weighted average common and common equivalent shares outstanding
   
32.7
     
32.3
     
32.7
     
32.3
 
                                 
Earnings per share attributable to AMCOL shareholders
                               
                                 
Basic earnings per share
 
$
0.83
   
$
1.09
   
$
0.51
   
$
0.67
 
Diluted earnings per share
 
$
0.83
   
$
1.08
   
$
0.51
   
$
0.67
 
                                 
Dividends declared per share
 
$
0.40
   
$
0.36
   
$
0.20
   
$
0.18
 

 
 
 

 
AMCOL INTERNATIONAL CORPORATION
 
CONDENSED CONSOLIDATED BALANCE SHEETS
 
(In millions)
 
             
ASSETS
 
June 30,
   
December 31,
 
   
2013
   
2012
 
   
(unaudited)
   
*
 
  Current assets:
               
    Cash and equivalents
 
$
26.5
   
$
40.0
 
    Accounts receivable, net
   
230.1
     
202.7
 
    Inventories
   
147.6
     
153.8
 
    Prepaid expenses
   
22.0
     
17.0
 
    Deferred income taxes
   
5.4
     
7.0
 
    Income tax receivable
   
15.7
     
7.0
 
    Other
   
3.2
     
2.0
 
        Total current assets
   
450.5
     
429.5
 
                 
  Noncurrent assets:
                 
    Property, plant, equipment, mineral rights and reserves:
               
      Land
   
11.1
     
13.0
 
      Mineral rights
   
42.5
     
48.6
 
      Depreciable assets
   
572.9
     
552.0
 
     
626.5
     
613.6
 
      Accumulated depreciation and depletion
   
(318.9
)
   
(311.7
)
     
307.6
     
301.9
 
                 
  Goodwill
   
69.5
     
70.2
 
  Intangible assets, net
   
32.2
     
33.9
 
  Investments in and advances to affiliates and joint ventures
   
34.3
     
27.8
 
  Available-for-sale securities
   
10.7
     
14.6
 
  Deferred income taxes
   
7.6
     
7.4
 
  Other assets
   
27.1
     
25.3
 
        Total noncurrent assets
   
489.0
     
481.1
 
  Total Assets
 
$
939.5
   
$
910.6
 
                 
LIABILITIES AND SHAREHOLDERS' EQUITY
               
  Current liabilities:
               
    Accounts payable
 
$
52.7
   
$
51.1
 
    Accrued income taxes
   
9.0
     
5.0
 
    Accrued liabilities
   
62.6
     
58.4
 
        Total current liabilities
   
124.3
     
114.5
 
                 
  Noncurrent liabilities:
               
    Long-term debt
   
270.2
     
248.8
 
    Pension liabilities
   
37.9
     
37.5
 
    Deferred compensation
   
10.9
     
9.4
 
    Deferred income taxes
   
11.9
     
12.8
 
    Other long-term liabilities
   
19.3
     
22.5
 
        Total noncurrent liabilities
   
350.2
     
331.0
 
                 
  Shareholders' equity:
               
    Common stock
   
0.3
     
0.3
 
    Additional paid in capital
   
112.7
     
105.1
 
    Retained earnings
   
369.3
     
355.2
 
    Accumulated other comprehensive income (loss)
   
(20.5
)
   
0.8
 
  Total AMCOL shareholders' equity
   
461.8
     
461.4
 
                 
    Noncontrolling interest
   
3.2
     
3.7
 
                 
        Total equity
   
465.0
     
465.1
 
                 
  Total Liabilities and Shareholders' Equity
 
$
939.5
   
$
910.6
 
                 
* Condensed from audited financial statements.
               
 
 
 

 
AMCOL INTERNATIONAL CORPORATION
 
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited)
 
(In millions)
 
   
Six Months Ended
 
   
June 30,
 
   
2013
   
2012
 
Cash flow from operating activities:
           
Net income
  $ 27.0     $ 34.8  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
               
Depreciation, depletion, and amortization
    24.3       21.8  
Other non-cash charges
    5.3       7.4  
Changes in assets and liabilities, net of effects of acquisitions:
               
Decrease (increase) in current assets
    (48.3 )     (25.6 )
Decrease (increase) in noncurrent assets
    (2.1 )     (1.2 )
Increase (decrease) in current liabilities
    12.5       0.3  
Increase (decrease) in noncurrent liabilities
    1.7       1.4  
Net cash provided by (used in) operating activities
    20.4       38.9  
                 
Cash flow from investing activities:
               
Capital expenditures
    (44.1 )     (32.2 )
(Increase) decrease in investments and advances (to) from affiliates and joint ventures
    (4.9 )     0.1  
Proceeds from sale of land and depreciable assets
    0.5       1.4  
Other
    1.3       0.8  
Net cash (used in) investing activities
    (47.2 )     (29.9 )
                 
Cash flow from financing activities:
               
Net change in outstanding debt
    21.6       (9.6 )
Proceeds from exercise of stock awards
    4.4       3.9  
Dividends paid
    (12.9 )     (11.5 )
Excess tax benefits from stock-based compensation
    0.1       0.2  
Contribution from noncontrolling partner
    0.1       -  
Net cash provided by (used in) financing activities
    13.3       (17.0 )
                 
Effect of foreign currency rate changes on cash
    -       0.7  
Net increase (decrease) in cash and cash equivalents
    (13.5 )     (7.3 )
Cash and cash equivalents at beginning of period
    40.0       24.1  
Cash and cash equivalents at end of period
  $ 26.5     $ 16.8  
                 

 
 
 

 
AMCOL INTERNATIONAL CORPORATION
 
SEGMENT RESULTS (unaudited)
 
QUARTER-TO-DATE
 
                               
 
Three Months Ended June 30,
 
 Performance Materials
2013
 
2012
 
2013 vs. 2012
 
 
(Dollars in Millions)
 
                               
Net sales
  $ 127.2       100.0 %   $ 131.1       100.0 %   $ (3.9 )     -3.0 %
Cost of sales
    95.1       74.8 %     95.5       72.8 %     (0.4 )     -0.4 %
  Gross profit
    32.1       25.2 %     35.6       27.2 %     (3.5 )     -9.8 %
Selling, general and administrative expenses
    13.2       10.3 %     13.1       10.0 %     0.1       0.8 %
Operating profit
    18.9       14.9 %     22.5       17.2 %     (3.6 )     -16.0 %
 
   
Three Months Ended June 30,
 
Construction Technologies
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 56.0       100.0 %   $ 61.3       100.0 %   $ (5.3 )     -8.6 %
Cost of sales
    38.0       67.9 %     42.6       69.5 %     (4.6 )     -10.8 %
  Gross profit
    18.0       32.1 %     18.7       30.5 %     (0.7 )     -3.7 %
Selling, general and administrative expenses
    15.2       27.1 %     12.4       20.2 %     2.8       22.6 %
  Operating profit
    2.8       5.0 %     6.3       10.3 %     (3.5 )     -55
 
   
Three Months Ended June 30,
 
Energy Services
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 77.7       100.0 %   $ 61.1       100.0 %   $ 16.6       27.2 %
Cost of sales
    57.1       73.5 %     41.9       68.6 %     15.2       36.3 %
  Gross profit
    20.6       26.5 %     19.2       31.4 %     1.4       7.3 %
Selling, general and administrative expenses
    11.8       15.2 %     11.5       18.8 %     0.3       2.6 %
  Operating profit
    8.8       11.3 %     7.7       12.6 %     1.1       14.3 %
 
   
Three Months Ended June 30,
 
Transportation
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 11.5       100.0 %   $ 11.7       100.0 %   $ (0.2 )     -1.7 %
Cost of sales
    10.3       89.6 %     10.5       89.7 %     (0.2 )     -1.9 %
  Gross profit
    1.2       10.4 %     1.2       10.3 %     (0.0 )     0.0 %
Selling, general and administrative expenses
    0.9       7.8 %     0.9       7.7 %     -       0.0 %
  Operating profit
    0.3       2.6 %     0.3       2.6 %     (0.0 )     0.0 %
 
   
Three Months Ended June 30,
 
 Corporate
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                         
Intersegment sales
  $ (9.6 )   $ (7.8 )   $ (1.8 )      
Intersegment cost of sales
    (9.7 )     (7.8 )     (1.9 )      
Gross profit (loss)
    0.1       -       0.1        
Selling, general and administrative expenses
    5.9       5.7       0.2       3.5 %
Operating loss
    (5.8 )     (5.7 )     (0.1 )     1.8 %
 
 
 

 
 
AMCOL INTERNATIONAL CORPORATION
 
SEGMENT RESULTS (unaudited)
 
YEAR-TO-DATE
 
                               
 
Six Months Ended June 30,
 
Performance Materials
2013
 
2012
 
2013 vs. 2012
 
 
(Dollars in Millions)
 
                                     
Net sales
  $ 244.4       100.0 %   $ 256.3       100.0 %   $ (11.9 )     -4.6 %
Cost of sales
    182.9       74.8 %     187.3       73.1 %     (4.4 )     -2.3 %
Gross profit
    61.5       25.2 %     69.0       26.9 %     (7.5 )     -10.9 %
Selling, general andadministrative expenses
    26.7       11.0 %     25.0       9.7 %     1.7       6.8 %
Operating profit
    34.8       14.2 %     44.0       17.2 %     (9.2 )     -20.9 %

   
Six Months Ended June 30,
 
Construction Technologies
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 98.8       100.0 %   $ 112.3       100.0 %   $ (13.5 )     -12.0 %
Cost of sales
    67.8       68.6 %     79.0       70.3 %     (11.2 )     -14.2 %
Gross profit
    31.0       31.4 %     33.3       29.7 %     (2.3 )     -6.9 %
Selling, general and administrative expenses
    30.0       30.4 %     26.1       23.3 %     3.9       14.9 %
Operating profit
    1.0       1.0 %     7.2       6.4 %     (6.2 )     -86.1 %

   
Six Months Ended June 30,
 
Energy Services
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 150.8       100.0 %   $ 116.4       100.0 %   $ 34.4       29.6 %
Cost of sales
    110.6       73.3 %     81.8       70.3 %     28.8       35.2 %
Gross profit
    40.2       26.7 %     34.6       29.7 %     5.6       16.2 %
Selling, general and administrative expenses
    23.2       15.4 %     22.1       19.0 %     1.1       5.0 %
Operating profit
    17.0       11.3 %     12.5       10.7 %     4.5       36.0 %
 
   
Six Months Ended June 30,
 
Transportation
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                                     
Net sales
  $ 21.7       100.0 %   $ 22.8       100.0 %   $ (1.1 )     -4.8 %
Cost of sales
    19.4       89.4 %     20.4       89.5 %     (1.0 )     -4.9 %
Gross profit
    2.3       10.6 %     2.4       10.5 %     (0.1 )     -4.2 %
Selling, general and administrative expenses
    1.8       8.3 %     1.9       8.3 %     (0.1 )     -5.3 %
Operating profit
    0.5       2.3 %     0.5       2.2 %     (0.0 )     0.0 %
 
   
Six Months Ended June 30,
 
Corporate
 
2013
   
2012
   
2013 vs. 2012
 
   
(Dollars in Millions)
 
                         
Intersegment sales
  $ (16.2 )   $ (14.9 )   $ (1.3 )      
Intersegment cost of sales
    (16.3 )     (15.0 )     (1.3 )      
Gross profit (loss)
    0.1       0.1       (0.0 )      
Selling, general and administrative expenses
    12.1       11.8       0.3       2.5 %
Operating loss
    (12.0 )     (11.7 )     (0.3 )     2.6 %
 
 
 
 

 
 
AMCOL INTERNATIONAL CORPORATION
SUPPLEMENTARY INFORMATION (unaudited)
QUARTER-TO-DATE
 
Composition of Sales by Geographic Region
Three Months Ended June 30, 2013
 
 
Americas
 
EMEA
   
Asia Pacific
   
Total
 
Performance materials
    27.0 %     10.0 %     11.4 %     48.4 %
Construction technologies
    8.6 %     9.5 %     3.2 %     21.3 %
Energy services
    25.1 %     1.8 %     2.7 %     29.6 %
Transportation & intersegment sales
    0.7 %     0.0 %     0.0 %     0.7 %
                                 
Total - current year's period
    61.4 %     21.3 %     17.3 %     100.0 %
Total from prior year's comparable period
    62.8 %     21.7 %     15.5 %     100.0 %

Percentage of Revenue Growth by Component
 
Three Months Ended June 30, 2013
vs.
Three Months Ended June 30, 2012
 
   
Organic
   
Acquisitions
   
Foreign Exchange
   
Total
 
Performance materials
    -1.3 %     0.0 %     -0.2 %     -1.5 %
Construction technologies
    -2.3 %     0.0 %     0.2 %     -2.1 %
Energy services
    6.5 %     0.0 %     -0.1 %     6.4 %
Transportation & intersegment sales
    -0.8 %     0.0 %     0.0 %     -0.8 %
                                 
Total
    2.1 %     0.0 %     -0.1 %     2.0 %
% of growth
    105.0 %     0.0 %     -5.0 %     100.0 %

Performance Materials Product Line Sales
 
Three Months Ended June 30,
 
   
2013
   
2012
   
% change
 
   
(Dollars in Millions)
 
                   
Metalcasting
  $ 70.0     $ 71.0       -1.4 %
Specialty materials
    24.0       28.9       -17.0 %
Basic minerals
    15.4       16.0       -3.7 %
Pet products
    14.6       13.9       5.0 %
Other product lines
    3.2       1.3       146.2 %
                         
Total
    127.2       131.1       -3.0 %

Construction Technologies Product Line Sales
 
Three Months Ended June 30,
 
   
2013
   
2012
   
% change
 
   
(Dollars in Millions)
 
                   
Lining technologies
  $ 24.5     $ 27.3       -10.3 %
Building materials
    18.9       19.2       -1.6 %
Drilling products
    10.1       10.5       -3.8 %
Contracting services
    2.5       4.3       -41.9 %
                         
Total
    56.0       61.3       -8.6 %
 
 
 

 
AMCOL INTERNATIONAL CORPORATION
SUPPLEMENTARY INFORMATION (unaudited)
YEAR-TO-DATE
 
Composition of Sales by Geographic Region
 
Six Months Ended June 30, 2013
 
 
Americas
   
EMEA
   
Asia Pacific
   
Total
 
 
Performance materials
    27.4 %     10.0 %     11.6 %     49.0 %
Construction technologies
    8.4 %     8.4 %     3.0 %     19.8 %
Energy services
    25.6 %     1.5 %     3.0 %     30.1 %
Transportation & intersegment sales
    1.1 %     0.0 %     0.0 %     1.1 %
                                 
Total - current year's period
    62.5 %     19.9 %     17.6 %     100.0 %
Total from prior year's comparable period
    64.0 %     20.7 %     15.3 %     100.0 %

Percentage of Revenue Growth by Component
 
Six Months Ended June 30, 2013
vs.
Six Months Ended June 30, 2012
 
   
Organic
   
Acquisitions
   
Foreign Exchange
   
Total
 
Performance materials
    -2.3 %     0.0 %     -0.1 %     -2.4 %
Construction technologies
    -2.8 %     0.0 %     0.1 %     -2.7 %
Energy services
    7.2 %     0.0 %     -0.2 %     7.0 %
Transportation & intersegment sales
    -0.5 %     0.0 %     0.0 %     -0.5 %
                                 
Total
    1.6 %     0.0 %     -0.2 %     1.4 %
% of growth
    114.3 %     0.0 %     -14.3 %     100.0 %

Performance Materials Product Line Sales
 
Six Months Ended June 30,
 
   
2013
   
2012
   
% change
 
   
(Dollars in Millions)
 
                   
Metalcasting
  $ 133.2     $ 133.8       -0.4 %
Specialty materials
    48.6       59.0       -17.6 %
Basic minerals
    30.1       33.3       -9.6 %
Pet products
    28.0       28.1       -0.4 %
Other product lines
    4.5       2.1       114.3 %
                         
Total
    244.4       256.3       -4.6 %

Construction Technologies Product Line Sales
 
Six Months Ended June 30,
 
   
2013
   
2012
   
% change
 
   
(Dollars in Millions)
 
                   
Lining technologies
  $ 38.0     $ 46.7       -18.6 %
Building materials
    36.9       37.9       -2.6 %
Drilling products
    19.4       19.1       1.6 %
Contracting services
    4.5       8.6       -47.7 %
                         
Total
    98.8       112.3       -12.0 %
 
 
For further information, contact:
Don Pearson
Senior Vice President & Chief Financial Officer
847.851.1500
 



The following information was filed by Amcol International Corp (ACO) on Friday, July 26, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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SEC Filing Tools
Ticker: ACO
CIK: 813621
Form Type: 10-Q Quarterly Report
Accession Number: 0001140361-13-031031
Submitted to the SEC: Thu Aug 08 2013 12:08:29 PM EST
Accepted by the SEC: Thu Aug 08 2013
Period: Sunday, June 30, 2013
Industry: Mining And Quarrying Of Nonmetallic Minerals No Fuels

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