Last $10.99 USD
Change Today +0.09 / 0.83%
Volume 1.2M
LAYN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

layne christensen company (LAYN) Snapshot

Open
$10.95
Previous Close
$10.90
Day High
$11.07
Day Low
$10.76
52 Week High
10/22/13 - $20.75
52 Week Low
08/13/14 - $10.10
Market Cap
216.9M
Average Volume 10 Days
474.7K
EPS TTM
$-3.61
Shares Outstanding
19.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LAYNE CHRISTENSEN COMPANY (LAYN)

Related News

No related news articles were found.

layne christensen company (LAYN) Related Businessweek News

No Related Businessweek News Found

layne christensen company (LAYN) Details

Layne Christensen Company provides water management, construction, and drilling services in North America and internationally. Its Water Resources division offers water-related products and services, including hydrologic design and construction; source of supply exploration; well and intake construction; and well and pump rehabilitation services. This division also offers water treatment equipment engineering services, providing systems for the treatment of regulated and nuisance contaminants. The company’s Inliner division provides process, sanitary, and storm water rehabilitation solutions, as well as other rehabilitative methods, such as Janssen structural renewal for service lateral connections and mainlines, slip lining, traditional excavation and replacement, U-Liner high-density polyethylene fold, and form and manhole renewal. Its Heavy Civil division offers design and construction of water and wastewater treatment plants and pipeline installation solutions; builds radial collector wells, surface water intakes, pumping stations, hard rock tunnels, and marine construction services; and designs and constructs biogas facilities. The company’s Geoconstruction division provides geotechnical foundation construction services; underground construction projects; foundation system services; and jet grouting, structural diaphragm and slurry cutoff walls, cement and chemical grouting, drilled piles, ground improvement, and earth retention services. Its Mineral Services division conducts aboveground drilling activities comprising core drilling, reverse circulation, dual tube, hammer, and rotary air-blast methods; and exploratory and definition drilling services. The company’s Energy Services division provides closed loop water management solutions to energy companies that are involved in hydraulic fracturing. Layne Christensen Company was founded in 1981 and is headquartered in The Woodlands, Texas.

4,100 Employees
Last Reported Date: 05/1/14
Founded in 1981

layne christensen company (LAYN) Top Compensated Officers

President of Reynolds Inliner LLC
Total Annual Compensation: $257.2K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $376.2K
Senior Vice President of Operations - U.S.
Total Annual Compensation: $311.5K
Senior Vice President of International Operat...
Total Annual Compensation: $311.5K
Compensation as of Fiscal Year 2014.

layne christensen company (LAYN) Key Developments

Layne Christensen Company and its Lenders Entered into a Second Amendment to its Credit Agreement

On September 15, 2014, Layne Christensen Company and its lenders entered into a Second Amendment to its Credit Agreement, dated as of April 15, 2014, among the Company, PNC Bank, National Association, as administrative agent, and the lenders and other parties thereto. Effective September 15, 2014, the interest rate under the Credit Agreement was amended to set the applicable margin to 3.25% for Eurodollar loans and 2.25% for ABR loans until the last day of the first quarter after which the company achieves a consolidated fixed charge coverage ratio of at least 1.00 to 1.00 for two consecutive fiscal quarters. The Amendment also excludes from the borrowing base an amount equal to the net book value of certain specialized equipment which the Company's surety has the right to use to complete bonded contracts, which amount is initially equal to $7 million. Finally, the Amendment requires the Company to deliver additional monthly and quarterly reports to the administrative agent and to retain a third party expert to review certain of the company's construction contracts.

Layne Christensen Company Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2014

Layne Christensen Company announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2014. For the quarter, the company reported revenues of $210,363,000 against $221,254,000 a year ago. Loss from continuing operations before income taxes was $11,954,000 against $28,199,000 a year ago. Net loss from continuing operations was $12,119,000 or $0.63 per share basic and diluted against $78,735,000 or $4.03 per share basic and diluted a year ago. Net loss attributable to company was $55,028,000 or $2.81 per share basic and diluted against $74,820,000 or $3.81 per share basic and diluted a year ago. For the six months, the company reported revenues of $388,522,000 against $438,683,000 a year ago. Loss from continuing operations before income taxes was $38,141,000 against $45,054,000 a year ago. Net loss from continuing operations was $40,077,000 or $2.10 per share basic and diluted against $45,054,000 or $5.23 per share basic and diluted a year ago. Net loss attributable to company was $82,756,000 or $4.22 per share basic and diluted against $98,598,000 or $5.03 per share basic and diluted a year ago.

Layne Christensen Company to Report Q2, 2015 Results on Sep 09, 2014

Layne Christensen Company announced that they will report Q2, 2015 results at 9:00 AM, Eastern Standard Time on Sep 09, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LAYN:US $10.99 USD +0.09

LAYN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boart Longyear Ltd A$0.14 AUD +0.005
Great Lakes Dredge & Dock Corp $6.76 USD -0.22
Hill International Inc $4.33 USD -0.15
Pike Corp $11.96 USD 0.00
Sterling Construction Co Inc $7.69 USD -0.09
View Industry Companies
 

Industry Analysis

LAYN

Industry Average

Valuation LAYN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LAYNE CHRISTENSEN COMPANY, please visit www.layne.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.