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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and equivalents$ 456,694$ 186,513
Accounts receivable, net764,715584,068
Accounts receivable-related parties51,15338,121
Inventories1,158,8481,114,063
Deferred income taxes21,65220,684
Income taxes receivable24,51937,311
Other current assets18,64619,243
Total current assets2,496,2272,000,003
Property, plant and equipment, net2,168,4442,213,333
Restricted cash20,76323,132
Intangible assets, net460,206489,240
Goodwill746,737751,675
Other assets111,104112,551
Total assets6,003,4815,589,934
Current liabilities  
Accounts payable453,232335,031
Accounts payable-related parties9,10713,570
Income taxes payable14,8445,227
Accrued expenses203,191175,041
Accrued profit sharing35,88323,524
Current maturities of long-term debt1,2108,924
Total current liabilities717,467561,317
Long-term debt  
Other long-term debt41,55040,397
Total long-term debt2,379,0502,377,897
Deferred income taxes482,543457,432
Other liabilities77,39162,159
Commitments and contingencies  
Redeemable noncontrolling interest64,36454,294
Equity  
Common stock voting, $.0025 par value; 900,000,000 shares authorized; 255,029,406 and 254,002,799 shares issued; and 218,690,315 and 217,574,826 shares outstanding, as of September 30, 2011 and December 31, 2010, respectively636633
Treasury stock, at cost; 36,339,091 and 36,427,973 shares, as of September 30, 2011 and December 31, 2010, respectively(725,849)(727,624)
Additional paid-in capital1,023,295998,728
Retained earnings2,003,4861,821,133
Total Steel Dynamics, Inc. equity2,301,5682,092,870
Noncontrolling interests(18,902)(16,035)
Total equity2,282,6662,076,835
Total liabilities and equity6,003,4815,589,934
7 3/8% senior notes, due 2012
  
Long-term debt  
Senior notes700,000700,000
5.125% convertible senior notes, due 2014
  
Long-term debt  
Convertible senior notes287,500287,500
6 3/4% senior notes, due 2015
  
Long-term debt  
Senior notes500,000500,000
7 3/4% senior notes, due 2016
  
Long-term debt  
Senior notes500,000500,000
7 5/8% senior notes, due 2020
  
Long-term debt  
Senior notes$ 350,000$ 350,000