7Baggers
Quarterly
Annual
    Unit: USD2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-09-30 2015-06-30 2015-03-31 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-09-30 2007-06-30 2007-03-31 2006-06-30 2006-03-31 
      
    		                                               
      ​
    		                                               
      operating activities:
    		                                               
      net income
    		466,551,000 25,512,000 -112,071,000 190,836,000 525,292,000 -44,138,000 -8,081,000 204,827,000 857,899,000 35,334,000 137,097,000 225,475,000 654,784,000 -1,935,000 -45,719,000 198,666,000 205,593,000 13,970,000 79,125,000 61,318,000 33,542,000 -1,629,000 26,954,000 32,643,000 33,698,000 27,817,000 -17,979,000 41,252,000 -33,200,000 -2,472,000 41,777,000 -55,969,000 -8,404,000 104,230,000 -31,442,000 -18,172,000 64,969,000   -17,486,000 67,937,000 142,557,000 6,649,000 -8,222,000 102,164,000 20,820,000 76,049,000 
      adjustments to reconcile net income to net cash provided by
    		                                               
      depreciation and amortization
    		244,037,000 3,031,000 -1,538,000 80,259,000 241,612,000 -1,441,000 737,000 80,174,000 235,815,000 2,263,000 2,985,000 76,135,000 223,789,000 1,409,000 -1,256,000 75,057,000 221,919,000 -605,000 810,000 73,985,000 -62,000 1,451,000 72,822,000 873,000 57,568,000 1,376,000 -235,000 57,061,000 3,451,000 -70,000 55,572,000 -295,000 1,511,000 54,746,000 1,880,000 -874,000 56,272,000 802,000 56,963,000 7,777,000 -5,630,000 53,212,000 875,000 3,713,000 29,265,000 5,521,000 24,917,000 
      equity-based compensation
    		46,112,000 -34,000 -8,324,000 17,844,000 38,790,000 -239,000 -6,228,000 15,308,000 35,339,000 -63,000 -4,800,000 12,841,000 29,322,000 495,000 -4,923,000 11,303,000 25,732,000 -1,312,000 -1,169,000 8,405,000 -1,025,000 -2,186,000 8,543,000 -1,068,000 5,768,000 171,000 -2,409,000 4,753,000 -1,864,000 -3,521,000 6,123,000 21,000 102,000 3,710,000 297,000 560,000 2,769,000 -5,266,000 8,579,000 539,000 -1,175,000 3,929,000 -315,000 -137,000 2,269,000   
      deferred income taxes
    		37,420,000 -4,246,000 8,707,000 5,927,000 40,410,000 -239,000 -541,000 12,091,000 37,928,000 11,906,000 2,448,000 9,545,000 -139,183,000 -3,565,000 -867,000 7,716,000 35,368,000 164,000 1,227,000 17,087,000 -3,237,000 -350,000 16,717,000   -951,000 -123,000 10,935,000 23,999,000 1,437,000 9,197,000 -1,910,000 -3,907,000 12,935,000 -7,682,000 1,949,000 8,468,000 -1,898,000 7,695,000        128,000 
      other adjustments
    		13,737,000 12,509,000 4,992,000 -264,000 2,529,000 -552,000 -1,292,000 728,000 -1,557,000 457,000 -175,000 30,000 5,866,000 8,245,000 61,000 -104,000                                
      changes in certain assets and liabilities:
    		                                               
      accounts receivable
    		-53,649,000 -212,623,000 308,424,000 -154,072,000 152,172,000 15,009,000 131,686,000 -61,062,000 -97,849,000 115,441,000 -44,647,000 -118,818,000 -102,931,000 -32,377,000 149,618,000 -153,364,000 -136,001,000      133,084,000      -71,044,000   -1,003,000       141,093,000         
      inventories
    		-112,360,000 -115,757,000 33,016,000 44,505,000 182,387,000 -29,462,000 25,472,000 39,469,000 -176,328,000 20,427,000 -9,601,000 -80,711,000 -175,598,000 -9,663,000 29,197,000 -86,819,000 -39,562,000   82,567,000  -3,825,000 164,999,000    -30,688,000 32,348,000 24,218,000         -97,801,000 193,097,000   9,575,000     17,179,000 
      other assets
    		2,347,000 -15,031,000 12,678,000 -1,541,000 13,696,000 -7,253,000 6,991,000 301,000 2,954,000 -5,799,000 -525,000 -105,000 13,422,000 -14,652,000 3,305,000 2,113,000 11,359,000 -9,919,000 9,867,000 746,000  2,878,000 4,508,000 -7,014,000 7,359,000  3,425,000 3,358,000   2,963,000 -683,000 -1,067,000 3,382,000   940,000  17,825,000   2,633,000     3,020,000 
      accounts payable
    		181,864,000 -68,878,000 17,927,000 51,596,000 -87,556,000 59,595,000 -61,690,000 3,206,000 52,787,000 -63,802,000 -17,413,000 66,332,000 51,175,000 90,332,000 -179,254,000 133,809,000 155,692,000 -102,903,000 -58,927,000 112,659,000    8,344,000 5,041,000   38,988,000   34,902,000  -91,425,000 94,175,000   118,217,000    135,150,000 114,515,000   77,341,000  60,079,000 
      income taxes receivable/payable
    		59,678,000 -35,120,000 -44,392,000 52,385,000 -18,388,000 42,721,000 -86,278,000 49,850,000 57,598,000 -53,706,000 -41,383,000 63,962,000 -20,960,000 64,658,000 -173,906,000 96,319,000 -6,500,000 -41,809,000 20,395,000 13,993,000   16,265,000  19,393,000      17,392,000   45,439,000 -51,587,000 23,283,000 37,133,000           
      accrued expenses
    		-69,904,000 76,417,000 55,310,000 -76,194,000 -138,856,000 48,728,000 179,144,000 -163,339,000 -9,557,000 31,949,000 124,112,000 -76,751,000 -26,228,000 42,193,000 64,303,000 -44,247,000 29,475,000 15,794,000                19,218,000   55,796,000   36,180,000 39,397,000 844,000 9,301,000     
      net cash from operating activities
    		835,242,000 -334,220,000 274,729,000 211,281,000 952,088,000 82,729,000 179,920,000 181,553,000 995,029,000 94,407,000 148,098,000 177,935,000 513,458,000 145,140,000 -159,441,000 240,449,000 656,429,000 38,368,000 -130,927,000 288,899,000 -144,834,000 74,505,000 234,707,000   150,551,000 3,005,000 29,710,000 16,764,000 79,181,000 21,421,000 56,466,000 162,060,000 3,937,000 70,069,000 -53,391,000 72,742,000 -143,029,000 214,695,000 21,944,000 -158,305,000 213,596,000   148,435,000 -113,928,000 136,032,000 
      capex
    		-870,408,000 -17,931,000 -92,181,000 -217,535,000 -297,814,000 -69,011,000 -30,684,000 -54,436,000 -168,722,000 -15,465,000 -4,597,000 -50,606,000 -122,140,000 479,000 -1,597,000 -41,677,000 -138,386,000 0 0 0 0 0 0   0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0   0 0 0 
      free cash flows
    		-35,166,000 -352,151,000 182,548,000 -6,254,000 654,274,000 13,718,000 149,236,000 127,117,000 826,307,000 78,942,000 143,501,000 127,329,000 391,318,000 145,619,000 -161,038,000 198,772,000 518,043,000 38,368,000 -130,927,000 288,899,000 -144,834,000 74,505,000 234,707,000   150,551,000 3,005,000 29,710,000 16,764,000 79,181,000 21,421,000 56,466,000 162,060,000 3,937,000 70,069,000 -53,391,000 72,742,000 -143,029,000 214,695,000 21,944,000 -158,305,000 213,596,000   148,435,000 -113,928,000 136,032,000 
      investing activities:
    		                                               
      purchases of property, plant and equipment
    		-870,408,000 -17,931,000 -92,181,000 -217,535,000 -297,814,000 -69,011,000 -30,684,000 -54,436,000 -168,722,000 -15,465,000 -4,597,000 -50,606,000 -122,140,000 479,000 -1,597,000 -41,677,000 -138,386,000                               
      purchases of short-term investments
    		   -149,359,000 -361,275,000 14,581,000 212,000 -49,677,000                                        
      proceeds from maturities of short-term investments
    		 -80,103,000 -42,692,000 192,340,000  -29,526,000 4,297,000 104,737,000                                        
      other investing activities
    		2,254,000 -423,000 285,000 518,000 3,010,000 1,833,000 549,000 364,000 6,331,000 -81,000 428,000 229,000 30,941,000 -1,306,000 -24,531,000 26,918,000 7,111,000 301,000 -1,848,000 3,054,000 2,909,000 -857,000 1,663,000 -26,570,000 28,884,000 -19,000 -33,071,000 33,934,000 -23,000   -1,195,000   -41,000 473,000 504,000    1,495,000 1,329,000 108,000     
      net cash from investing activities
    		-676,525,000 -157,469,000 14,771,000 -174,036,000 -466,231,000 -85,817,000 67,786,000 -92,424,000 -762,583,000 368,274,000 -410,578,000 -90,377,000 -91,873,000 -6,345,000 -26,128,000 -14,759,000 -145,561,000        4,043,000                       
      financing activities:
    		                                               
      issuance of current and long-term debt
    		2,227,542,000 -803,960,000 883,513,000 216,261,000 1,445,732,000 3,008,000 3,988,000 121,234,000 335,566,000 -14,530,000 31,513,000 93,058,000 169,826,000 398,982,000   460,992,000 -50,744,000 43,203,000 20,452,000 7,058,000 10,848,000 50,093,000 20,492,000 43,453,000 9,494,000 -409,229,000 409,261,000   289,969,000   5,126,000 23,426,000 -542,548,000 544,550,000 234,626,000 237,059,000 399,100,000 568,900,000 218,000,000      
      repayment of current and long-term debt
    		-1,871,616,000 797,903,000 -868,057,000 -235,757,000 -1,144,164,000 13,887,000 -18,604,000 -115,271,000 -340,452,000 3,050,000 -5,055,000 -113,034,000 -315,001,000 -259,916,000 -33,568,000 -1,429,000 -718,994,000                               
      dividends paid
    		-156,656,000 -8,000 -1,103,000 -51,481,000 -147,520,000 752,000 -11,264,000 -42,239,000 -124,832,000 187,000 -7,471,000 -36,797,000 -108,385,000 347,000 -3,397,000 -34,130,000 -101,643,000                               
      purchases of treasury stock
    		   -106,529,000 -233,658,000 -21,814,000 -8,828,000 -84,308,000 -448,604,000 -25,820,000 20,124,000 -69,269,000 -153,157,000 -22,272,000 -15,557,000 -61,256,000                                
      other financing activities
    		-35,513,000 7,176,000 -2,611,000 -6,152,000 -26,034,000 -1,515,000 5,708,000 -5,720,000   2,036,000 -5,180,000 -20,823,000   -3,532,000                                
      net cash from financing activities
    		57,228,000 1,111,000 118,271,000 -183,658,000 -105,644,000 -5,682,000 -29,000,000 -126,304,000 -596,823,000 -33,969,000 41,147,000 -131,222,000  112,309,000 2,243,000 -100,347,000 -395,240,000           83,646,000         173,936,000      47,287,000    13,440,000 
      increase in cash, cash equivalents, and restricted cash
    		 -490,578,000    -8,770,000    428,712,000                                      
      cash, cash equivalents, and restricted cash at beginning of period
    		 261,358,000 -146,413,000 1,387,397,000  181,531,000 -37,175,000 834,423,000  -264,997,000 -43,664,000 1,035,085,000                                    
      cash, cash equivalents, and restricted cash at end of period
    		 -229,220,000 261,358,000 1,240,984,000  172,761,000 181,531,000 797,248,000  163,715,000 -264,997,000 991,421,000                                    
      supplemental disclosure information:
    		                                               
      cash paid for interest
    		102,994,000 -51,071,000 50,883,000 8,785,000 125,435,000 -44,866,000 45,375,000 8,606,000 115,391,000 -44,583,000 44,597,000 8,629,000 121,851,000 -40,446,000 41,327,000 12,649,000 124,454,000 -18,869,000 18,808,000 26,286,000 -21,849,000 8,456,000 40,094,000 -18,825,000 39,663,000 22,492,000 -32,149,000 49,732,000 -20,394,000 44,054,000 18,753,000 -56,116,000 55,937,000 15,110,000 -56,977,000 68,224,000 3,769,000 55,466,000 11,984,000 -49,352,000 45,949,000 11,385,000 2,544,000 -14,320,000 16,339,000 -12,097,000 14,268,000 
      cash paid for income taxes
    		6,517,000 42,470,000 912,000 518,000 125,731,000 -54,722,000   168,627,000 39,807,000    -58,993,000 150,562,000 1,554,000                                
      decrease in cash, cash equivalents, and restricted cash
    		   -146,413,000    -37,175,000                                        
      business combinations, net of cash acquired
    		                                               
      investments in unconsolidated affiliates
    		                                               
      increase in cash and equivalents, and restricted cash
    		                                               
      cash and equivalents, and restricted cash at beginning of period
    		                                               
      cash and equivalents, and restricted cash at end of period
    		                                               
      asset impairment charges
    		                                               
      business combination
    		                                               
      acquisition of business, net of cash acquired
    		            -674,000    -14,286,000                               
      acquisition of business, net of cash and restricted cash acquired
    		-1,000,000       -93,412,000  358,820,000                                      
      proceeds from maturities of short term investments
    		        30,000,000                                       
      cash paid (received) for income taxes
    		       1,839,000    -1,045,000                                    
      asset impairment charge
    		                                               
      purchases of short term investments
    		         15,000,000 -10,000,000 -40,000,000                                    
      increase in cash and equivalents
    		           -43,664,000 -5,955,000 251,104,000 -183,326,000 125,343,000 115,628,000 -76,892,000 -174,204,000 249,919,000 -204,030,000       101,944,000    62,122,000     216,498,000    26,113,000 30,403,000     130,187,000 
      proceeds from exercise of stock options, including related tax effect
    		                  791,000 2,892,000   1,753,000 5,611,000 2,905,000 4,948,000 -4,637,000 7,614,000 242,000 -756,000 1,097,000 -4,167,000     3,454,000           
      net cash provided used in financing activities
    		                                               
      cash and equivalents at beginning of period
    		            -67,360,000 -57,983,000 125,343,000 841,483,000 -325,634,000 75,715,000 249,919,000 727,032,000 258,419,000 -200,381,000 361,363,000 -52,237,000 395,156,000 -234,108,000 101,944,000 375,917,000 63,129,000 -32,952,000 390,761,000 116,881,000 -25,703,000 186,513,000 -33,913,000 216,498,000 9,008,000 -166,000 16,233,000 56,516,000 30,403,000 28,486,000 -16,120,000 -1,041,000 29,373,000 130,187,000 65,518,000 
      cash and equivalents at end of period
    		            -73,315,000 193,121,000 -57,983,000 966,826,000 -210,006,000 -1,177,000 75,715,000 976,951,000 54,389,000 258,419,000 160,982,000 14,571,000 342,919,000 126,303,000 -234,108,000 477,861,000 -133,818,000 63,129,000 357,809,000 179,003,000 116,881,000 160,810,000 78,525,000 -33,913,000 225,506,000 2,150,000 16,067,000 -93,270,000 56,516,000 58,889,000 -1,401,000 -16,120,000 28,332,000 -141,757,000 195,705,000 
      cash paid (refunded) for income taxes
    		                                               
      loss on disposal of assets
    		                 -874,000                              
      stock option exercise proceeds, including related tax effect
    		                                               
      cash paid (received) for federal and state income taxes
    		                 48,295,000 26,866,000 699,000 -5,874,000 25,585,000 -18,539,000     11,165,000   -955,000 -48,052,000 58,935,000 1,520,000 41,985,000 -28,987,000 -13,010,000           
      metals recycling segment:
    		                                               
      steel segment:
    		                   142,783,000                            
      fabrication segment:
    		                   1,925,000                            
      adjustments to reconcile net income to net cash from operating activities:
    		                                               
      debt issuance cost
    		                                               
      distributions to noncontrolling investors
    		                                               
      (gain) loss on disposal of assets
    		                      4,985,000                         
      debt issuance costs
    		                                               
      contributions from noncontrolling investors
    		                        5,370,000 -11,000 4,875,000 411,000 11,203,000 -4,389,000 9,506,000 9,850,000 1,053,000 417,000              
      butler flat roll division, structural and rail division, and engineered bar division
    		                   95,000,000                            
      roanoke bar division
    		                   29,041,000                            
      columbus flat roll division
    		                   19,682,000                            
      (gain) loss on disposal of property, plant and equipment
    		                       815,000 2,641,000 1,151,000          -406,000 956,000     14,000 13,000     
      accrued expenses and liabilities
    		                    21,964,000     -10,796,000                      
      exercise of stock options proceeds, including related tax effect
    		                    -4,904,000                           
      loss on disposal of property, plant and equipment
    		                                              46,000 
      omnisource — metals recycling/ferrous resources segment
    		                     -1,630,000 455,097,000  556,611,000 -1,631,000 -1,631,000 563,163,000 -1,625,000 -1,624,000 569,692,000 -1,646,000                
      the techs — steel segment
    		                     0 142,783,000  142,783,000 0 0 142,783,000 0 0 142,783,000 0 0 142,783,000              
      butler flat roll division, structural and rail division, and engineered bar division — metals recycling and ferrous resources segment
    		                                               
      roanoke bar division — steel segment
    		                     0 29,041,000  29,041,000 0 0 29,041,000 0 0 29,041,000 0 0 29,041,000              
      columbus flat roll division — steel segment
    		                     0 19,682,000                         
      new millennium building systems — fabrication segment
    		                     0 1,925,000  1,925,000 0 0 1,925,000 0 0 1,925,000 0 0 1,925,000              
      decrease in cash and equivalents
    		                                               
      butler flat roll division, structural and rail division, and engineered bar division — metals recycling/ferrous resources segment
    		                      95,000,000                         
      impairment charges
    		                                               
      proceeds from maturity of short-term commercial paper
    		                            -44,986,000                   
      cash paid for federal and state income taxes
    		                       40,865,000 2,143,000 -24,338,000   -37,673,000           -6,584,000 159,135,000 1,387,000 -80,581,000 131,349,000 468,000 93,189,000 1,176,000 
      omnisource – metals recycling/ferrous resources segment
    		                                               
      the techs – steel segment
    		                                               
      roanoke bar division – steel segment
    		                                               
      new millennium building systems – fabrication segment
    		                                               
      gain on disposal of property, plant and equipment
    		                                               
      (gain)loss on disposal of property, plant and equipment
    		                                               
      issuance of common stock (net of expenses) and proceeds from exercise of stock options, including related tax effect
    		                                 8,296,000 -1,418,000     -8,248,000 3,100,000 7,177,000      
      omnisource — metal recycling/ferrous resources segment
    		                                 576,280,000              
      adjustments to reconcile net income to net cash from operating activities
    		                                               
      investment in direct financing lease
    		                                               
      contribution from noncontrolling investors
    		                                  -806,000             
      net income attributable to steel dynamics, inc.
    		                                  -30,466,000 -15,762,000 64,969,000 71,871,000 -87,862,000         
      unrealized gain on interest rate swap, net of tax
    		                                     -95,000 338,000         
      reversal of unrealized loss on interest rate swap, net of tax
    		                                               
      comprehensive income attributable to steel dynamics, inc.
    		                                  -30,466,000    -87,524,000         
      adjustments to reconcile net income attributable to steel dynamics, inc. to net cash from operating activities:
    		                                               
      noncontrolling interests
    		                                               
      contribution from noncontrolling investor
    		                                      5,000,000         
      comprehensive income
    		                                    64,969,000   -29,269,000 76,470,000 140,796,000      
      adjustments to reconcile net income attributable to steel dynamics, inc. to net cash from operating activities
    		                                               
      income taxes payable
    		                                         72,608,000   54,850,000   
      acquisition of businesses, net of cash acquired
    		                                               
      purchase of securities
    		                                               
      purchase of treasury stock
    		                                               
      cash paid for federal and state income taxes, net of refunds
    		                                     57,086,000 -55,430,000         
      unrealized gain on available-for-sale securities, net of tax
    		                                               
      operating activities
    		                                               
      changes in certain assets and liabilities
    		                                               
      investing activities
    		                                               
      purchases of securities
    		                                               
      financing activities
    		                                               
      unrealized loss on available-for-sale securities, net of tax
    		                                               
      unamortized bond premium
    		                                               
      minority interest
    		                                        317,000 475,000    150,000 239,000 
      sales of securities
    		                                               
      reversal of unrealized gain upon sale of available-for-sale securities, net of tax
    		                                               
      debt issue costs
    		                                               
      purchase of property, plant and equipment
    		                                               
      purchase of short-term investments
    		                                               
      maturities of short-term investments
    		                                             -4,675,000 9,375,000 
      issuance of long-term debt
    		                                          -54,000,000     
      repayment of long-term debt
    		                                               
      issuance of common stock (net of expenses) and proceeds and tax benefits from exercise of stock options
    		                                          -4,847,000 1,773,000 7,187,000 -7,219,000 15,753,000 
      net sales
    		                                          1,726,972,000 6,137,000 815,110,000   
      basic earnings per share
    		                                          2,010 180 850   
      diluted earnings per share
    		                                          1,800 160 750   
      issuance (purchase) of treasury stock
    		                                             -8,471,000 8,664,000 
      issuance of debt
    		                                            145,000,000   
      repayment of debt
    		                                               
      repayments of long-term debt
    		                                               
      cash and equivalents at beginning of year
    		                                               
      cash and equivalents at end of year
    		                                               
      raw materials
    		                                               
      supplies
    		                                               
      work in progress
    		                                               
      finished goods
    		                                               
      intangible asset amortization
    		                                               
      customer relationships
    		                                               
      trademarks
    		                                               
      backlogs
    		                                               
      total intangibles
    		                                               
      share-based compensation expense
    		                                              1,413,000 
      net share-based compensation expense, per common share:
    		                                               
      basic
    		                                              3,000 
      diluted
    		                                              30 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.