10-Q/APeriod: Q2 FY2009

ATI INC Quarterly Report (Amendment) for Q2 Ended Jun 30, 2009

Filed August 27, 2009For Securities:ATI

Summary

This filing is an amended Form 10-Q for ATI Inc. (ATI) filed on August 27, 2009. It primarily serves as an update to the original filing and includes various exhibits related to the company's financial instruments and corporate governance. Importantly, this filing does not reflect subsequent events or modify the disclosures made in the original Form 10-Q. Investors should note that the bulk of the content consists of incorporated exhibits, such as indentures for senior and convertible notes, and amendments to credit agreements, all of which were previously filed via Form 8-K in June 2009. The filing also includes certifications from the CEO and CFO, as required by SEC rules, attesting to the accuracy of the financial reporting. While this amended 10-Q provides supplementary documentation, investors seeking a comprehensive understanding of ATI's financial performance and operational status for the period should refer to the original Form 10-Q filed on August 4, 2009, and any subsequent filings that offer updated financial results and management discussion.

Financial Highlights

48 data points
Beta

Revenue

$710.00M

10.6% Gross Margin

Net Income

-$13.40M

-1.9% Net Margin

EPS (Diluted)

$-0.14

Total Assets

$4.32B

Cash & Equivalents

$850.70M

Free Cash Flow

-$87.60M

Financial Statements
Beta
Revenue$710.00M
Cost of Revenue$634.80M
Gross Profit$75.20M
SG&A Expenses$64.40M
Operating Income$10.80M
Net Income-$13.40M
EPS (Basic)$-0.14
EPS (Diluted)$-0.14
Shares Outstanding (Basic)98.03M
Shares Outstanding (Diluted)97.20M

Key Highlights

  • 1This filing is an amendment (10-Q/A) to a previously filed Form 10-Q, not a new quarterly report, and does not update disclosures beyond the original filing date.
  • 2Key exhibits include indentures for 9.375% Senior Notes due 2019 and 4.25% Convertible Senior Notes due 2014, both dated June 2009.
  • 3A First Amendment to the Credit Agreement, dated May 29, 2009, involving ATI Funding Corporation, TDY Holdings, LLC, and PNC Bank, is also included.
  • 4The filing contains certifications from the Chief Executive Officer and Chief Financial Officer, confirming compliance with SEC rules regarding financial reporting.
  • 5XBRL (eXtensible Business Reporting Language) documents are provided, enabling machine-readable data extraction for financial analysis.
  • 6All referenced financial agreements and indentures were previously disclosed in Current Reports on Form 8-K filed in June 2009.
  • 7This amended filing emphasizes the nature of the exhibits and does not introduce new financial performance data or management commentary.

Frequently Asked Questions

This filing is an amendment to a previously filed Form 10-Q. Its main purpose is to include specific exhibits and certifications, rather than to present new financial results or update existing disclosures from the original Form 10-Q filed on August 4, 2009.

No, this filing explicitly states that it does not reflect subsequent events or modify disclosures made in the original Form 10-Q. The content primarily consists of exhibits that were previously filed and do not contain new financial performance data.

The exhibits include indentures for two types of notes: 9.375% Senior Notes due 2019 and 4.25% Convertible Senior Notes due 2014. Additionally, a First Amendment to a Credit Agreement involving ATI Funding Corporation, TDY Holdings, LLC, and PNC Bank is referenced.

The Chief Executive Officer and the Chief Financial Officer of ATI Inc. have provided certifications as required by Securities and Exchange Commission rules (Rule 13a-14(a) or 15d-14(a)). A separate certification pursuant to 18 U.S.C. Section 1350 is also included.