01—Abstract
Summary
Summary of the 10-Q filed July 29, 2004. Cited figures are marked; the original filing is the authoritative source.
CSX Corporation's quarterly report for the period ending June 25, 2004, indicates a company operating as an accelerated filer, suggesting stable financial reporting practices.
While the specific financial figures for the quarter and year-to-date are not detailed in the provided excerpt, the filing structure confirms the company is adhering to SEC regulations. Investors should note that this report covers performance for the second quarter of 2004, and a thorough review of the full 10-Q document is necessary to understand operational results, financial condition, and forward-looking statements. Key financial statements, including income statements, balance sheets, and cash flow statements for the relevant periods, are included and unaudited, as is typical for quarterly reports.
The Management's Discussion and Analysis (MD&A) section is crucial for investors seeking detailed insights into the company's performance drivers, risks, and strategic outlook. The filing also addresses market risk, legal proceedings, and other material information that could impact shareholder value.
02—Key points
Key Highlights
- CSX Corporation is an accelerated filer, indicating a history of consistent and timely SEC filings.
- The report covers the quarterly period ended June 25, 2004, providing a snapshot of recent financial performance.
- Includes unaudited Consolidated Income Statements, Balance Sheets, and Cash Flow Statements for key periods.
- Management's Discussion and Analysis (MD&A) is a key section for understanding operational results and financial condition.
- Disclosure of Quantitative and Qualitative Market Risk and Legal Proceedings offers insights into potential company risks.
- Total outstanding common shares as of June 25, 2004, were 214,814,160.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 10-Q filing?
This 10-Q filing provides CSX Corporation's unaudited financial statements and management's discussion of its financial condition and results of operations for the quarterly period ended June 25, 2004. It ensures investors have access to timely information about the company's performance and potential risks.
What does it mean that CSX is an 'accelerated filer'?
Being an accelerated filer means that CSX has met certain filing history and market capitalization thresholds set by the SEC. This typically indicates a larger, more established company with a history of timely and regular financial reporting.
Where can I find the detailed financial results for the quarter?
The detailed financial results are presented in the unaudited Consolidated Income Statements, Consolidated Balance Sheets, and Consolidated Cash Flow Statements included within Part I of the filing. Investors should also refer to Item 2, 'Management's Discussion and Analysis of Results of Operations and Financial Condition,' for an explanation of these results.
Are the financial statements in this report audited?
No, the financial statements provided in this 10-Q report (Consolidated Income Statements, Balance Sheets, and Cash Flow Statements) are unaudited. Unaudited financial statements are typical for quarterly reports, while audited statements are generally provided in the annual 10-K filings.
04—Continue