Advanced energy industries inc (AEIS)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

352,540

346,441

340,402

359,070

351,149

349,301

338,673

432,999

413,874

407,283

366,572

358,937

317,949

281,953

244,292

209,273

176,300

158,443

184,296

169,663

152,827

121,401

103,041

117,549

110,227

138,125

92,449

87,062

169,728

146,564

151,034

120,266

125,418

117,639

132,253

135,564

130,914

Marketable securities

2,490

2,614

747

746

2,516

2,470

3,058

3,146

3,197

3,104

3,046

4,096

4,761

4,737

5,538

5,784

7,664

11,986

14,708

13,538

3,085

3,083

2,725

12,633

12,494

11,568

12,277

12,065

12,543

25,683

22,631

28,754

25,325

25,567

22,669

10,124

9,640

Restricted Cash

-

-

-

-

-

-

-

-

-

-

-

17,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts and other receivable, net of expected credit losses of $7,241 and $7,745, respectively

214,360

246,564

250,151

93,045

102,405

100,442

110,440

106,302

116,900

87,429

74,993

60,791

76,844

75,667

69,410

66,162

67,091

54,959

90,755

91,432

121,746

79,053

112,785

121,262

137,032

125,782

130,311

132,608

96,738

83,914

101,412

100,850

103,414

132,485

132,048

128,802

119,893

Inventories

235,299

230,019

240,699

92,740

99,070

97,987

110,327

109,834

96,842

78,450

73,520

75,557

64,626

55,770

56,025

57,227

57,592

52,573

71,712

78,056

98,052

46,092

118,875

118,187

109,656

109,771

123,152

102,182

79,522

81,482

87,611

80,609

83,164

80,283

92,822

100,392

77,593

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,044

6,027

6,035

-

13,767

13,992

13,986

5,103

10,738

10,755

10,736

10,746

19,465

19,449

19,459

19,477

9,027

9,014

9,011

9,014

7,689

7,689

7,510

Income taxes receivable

1,245

4,245

2,124

4,578

1,945

2,220

4,229

3,290

2,226

1,295

6,380

2,047

1,095

1,482

7,902

1,875

439

9,040

5,955

11,822

10,047

14,472

13,378

4,760

10,109

10,027

9,249

6,121

3,090

4,951

7,971

7,712

14,863

13,826

6,570

2,388

6,061

Other current assets

55,291

36,855

45,757

12,776

11,309

10,173

9,777

7,263

7,895

8,129

8,678

9,930

9,359

9,324

8,166

8,978

9,207

7,868

12,224

11,356

10,458

6,146

11,740

13,084

11,760

10,950

13,908

14,389

8,338

9,075

6,340

10,626

10,730

11,672

12,393

11,689

10,156

Current assets from discontinued operations

-

-

84

67

4,872

5,855

8,273

7,979

9,638

9,535

7,770

8,058

8,177

9,401

23,491

31,517

33,354

27,608

-

-

-

101,403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

861,225

866,738

879,964

563,022

573,266

568,448

584,777

670,813

650,572

595,225

540,959

537,148

482,811

438,334

420,868

386,843

357,682

322,477

393,417

389,859

410,201

376,753

373,282

398,230

402,014

416,969

400,811

373,876

389,418

371,146

386,026

357,831

371,925

390,486

406,444

396,648

361,767

Property and equipment, net

105,592

108,109

104,568

34,692

31,058

31,269

30,174

24,148

20,706

17,795

15,736

14,537

13,795

13,337

11,988

11,167

10,675

9,645

12,519

12,250

25,964

9,759

31,089

32,821

33,041

34,888

36,348

40,773

37,139

39,523

38,779

39,668

41,247

42,338

40,837

38,408

34,569

Operating lease right-of-use assets

110,034

105,404

111,193

52,465

35,654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

21,813

22,556

20,650

11,404

9,378

6,874

5,608

3,670

4,207

3,051

2,432

2,046

2,056

1,835

1,673

1,678

1,716

1,729

1,540

1,620

1,667

1,666

3,025

2,478

2,457

2,421

7,641

7,635

7,417

7,529

9,326

9,131

9,031

8,959

8,868

8,795

8,874

Goodwill

202,149

202,932

232,200

91,637

101,306

101,900

102,813

54,256

54,906

53,812

53,509

44,006

42,544

42,125

43,596

43,342

43,908

42,729

43,479

43,538

188,843

43,875

217,764

206,863

173,034

157,800

148,432

144,658

59,885

60,391

46,515

46,515

46,515

46,515

46,515

46,515

48,360

Intangible assets, net

178,479

184,011

189,601

68,243

52,858

54,910

55,071

32,672

33,445

33,499

34,435

27,399

27,394

28,071

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

42,066

-

45,590

46,579

48,421

Deferred income tax assets

43,258

42,656

56,488

40,464

47,513

47,100

44,112

38,419

38,741

18,841

58,590

32,328

32,280

32,197

30,184

30,231

30,355

36,217

26,107

26,271

25,668

35,997

21,660

19,000

21,486

21,488

13,953

13,941

13,956

12,444

1,708

1,706

1,706

1,642

5,176

5,059

3,166

Other intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,200

31,408

33,454

34,141

36,599

38,518

42,880

40,311

50,570

44,755

34,176

19,411

20,494

33,971

43,714

46,209

39,299

40,715

-

43,438

-

-

-

Non-current assets from discontinued operations

-

-

755

3,841

5,917

5,984

11,077

11,080

11,084

11,085

15,630

15,631

15,631

15,630

163

285

497

15,565

-

-

-

176,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

1,522,550

1,532,406

1,595,419

865,768

856,950

816,484

833,632

835,058

813,661

733,308

721,291

673,095

616,511

571,529

538,672

504,954

478,287

462,503

513,661

512,056

695,223

684,568

697,390

704,147

666,208

652,977

627,679

614,854

551,529

537,242

521,653

495,566

512,490

533,378

553,430

542,004

505,157

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

167,442

170,671

210,647

37,281

44,028

39,646

45,620

58,028

61,328

48,177

41,275

49,430

50,192

46,255

37,180

36,951

35,886

27,246

50,117

49,451

60,568

24,540

62,178

72,210

64,163

55,623

67,563

66,402

42,521

41,044

50,343

42,031

38,225

44,828

50,559

48,828

56,185

Income taxes payable

6,574

9,687

7,070

6,592

12,584

13,258

23,620

14,898

13,011

5,365

9

4,369

4,684

1,778

10,312

8,611

6,584

13,972

1,144

7,273

2,146

1,495

113

1,299

2,067

2,324

2,017

2,883

4,430

8,131

5,872

7,172

2,670

3,310

7,387

2,967

3,602

Accrued payroll and employee benefits

39,217

51,545

48,685

20,302

16,528

21,775

21,443

17,206

13,890

18,412

16,241

13,977

9,784

13,230

10,719

8,289

7,010

9,175

11,375

12,504

11,706

10,496

9,343

9,321

8,329

12,892

11,713

10,660

8,321

11,675

11,229

10,411

9,565

9,184

8,881

13,688

23,202

Accrued warranty expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,750

-

10,749

12,510

15,297

1,612

17,356

18,545

10,222

10,198

11,710

13,278

8,220

7,419

7,758

8,581

8,747

8,433

8,336

8,820

7,144

Other accrued expenses

43,863

41,691

42,633

17,063

21,848

22,999

20,248

21,384

21,395

19,913

18,394

21,553

16,821

14,590

13,149

13,435

11,278

13,891

27,747

22,453

16,610

11,790

27,814

25,542

18,065

20,704

21,946

25,155

15,368

15,399

10,965

8,643

11,227

10,800

11,250

10,642

5,389

Customer deposits and other

10,894

10,926

10,804

4,875

5,510

7,345

7,770

14,335

9,738

6,402

5,410

5,916

6,643

5,774

6,890

6,472

8,210

3,205

2,742

4,146

9,004

4,067

9,646

8,131

4,405

6,955

3,849

5,454

3,519

2,080

7,404

6,071

8,180

14,689

10,145

11,013

6,803

Current portion of long-term debt

17,500

17,500

17,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

18,284

18,312

17,648

9,572

7,298

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current liabilities from discontinued operations

-

-

910

812

4,254

5,286

5,895

6,478

7,272

7,850

9,667

9,185

10,987

13,419

17,232

24,910

28,203

36,481

-

-

-

58,568

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,865

45,826

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes Payable, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,647

15,068

13,661

11,436

13,434

-

0

-

-

-

-

-

-

-

Total current liabilities

303,774

320,332

355,897

96,497

112,050

110,309

124,596

132,329

126,634

106,119

90,996

104,430

99,111

95,046

95,482

98,668

98,921

103,970

142,739

154,163

115,331

112,568

126,450

139,695

122,319

122,357

130,234

137,266

82,379

85,748

93,571

82,909

78,614

91,244

96,558

95,958

102,325

LONG-TERM LIABILITIES:
Long-term debt

317,285

321,527

325,769

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

95,205

90,538

95,101

44,419

29,596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension benefits

66,538

68,169

-

-

-

19,407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

10,213

9,952

46,992

10,397

6,592

7,000

12,763

6,527

6,592

4,556

2,049

1,076

1,026

1,008

1,225

1,213

1,233

1,110

2,322

2,185

1,722

1,439

11,735

3,956

2,309

1,500

18,095

16,954

20,967

16,832

6,471

5,920

6,999

6,475

5,271

5,176

5,155

Uncertain tax positions

16,275

16,055

15,708

10,160

9,987

14,318

14,104

19,173

17,701

17,031

4,383

4,287

3,107

2,538

4,191

3,976

2,989

2,086

8,874

9,912

9,781

6,484

7,351

6,376

6,078

5,781

13,669

13,669

13,669

13,669

16,404

16,404

16,404

16,404

14,176

14,176

14,176

Long-term deferred revenue

7,696

8,011

8,153

8,472

28,148

29,108

30,216

31,185

32,443

33,402

36,528

37,743

38,351

39,170

40,393

41,555

40,130

45,584

45,471

45,305

44,623

47,246

46,128

45,722

45,060

43,171

-

-

-

20,111

-

-

-

-

-

-

-

Accrued warranty expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,588

18,737

16,820

-

16,893

19,045

10,428

11,869

6,426

7,141

5,519

7,378

7,117

5,476

5,572

6,286

6,385

5,476

5,805

Other long-term liabilities

19,606

20,562

86,586

37,418

37,947

18,337

40,811

37,590

38,803

36,282

22,662

21,931

20,960

20,536

17,232

17,626

18,727

18,871

20,298

21,302

22,678

23,192

22,772

24,391

3,895

3,837

44,414

38,322

24,193

3,893

19,614

17,098

15,349

5,630

5,943

5,565

3,728

Non-current liabilities from discontinued operations

-

-

1,045

2,356

10,486

10,715

11,567

12,738

14,279

15,277

16,287

18,240

19,630

21,157

25,362

20,104

27,062

27,302

-

-

-

18,674

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

836,592

855,146

935,251

209,719

234,806

209,182

234,057

239,542

236,452

212,667

172,905

187,707

182,185

179,455

183,885

183,142

189,062

198,923

238,292

251,604

210,955

209,603

231,329

239,185

190,089

188,515

212,838

213,352

146,727

147,631

143,177

127,807

122,938

126,039

128,333

126,351

131,189

Commitments and contingencies (Note 19)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

-

Stockholders' equity:
Preferred stock, $0.001 par value, 1,000 shares authorized, none issued and outstanding

-

-

-

-

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

0

Preferred Stock, Shares Issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

Preferred Stock, Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

-

-

-

-

-

-

-

Common stock, $0.001 par value, 70,000 shares authorized; 38,252 and 38,358 issued and outstanding at March 31, 2020 and December 31, 2019, respectively

38

38

38

38

38

38

39

39

40

40

40

40

40

40

40

40

40

40

41

41

41

41

40

40

41

41

40

40

39

38

38

38

40

42

44

44

43

Additional paid-in capital

98,478

104,849

101,757

100,512

98,910

97,418

120,628

150,647

172,460

184,843

187,407

208,979

205,308

203,603

201,772

200,267

197,861

195,096

243,731

242,759

240,659

237,752

231,515

228,350

250,154

251,550

240,157

232,873

225,705

212,520

209,170

205,285

236,928

254,003

268,985

265,835

258,398

Accumulated other comprehensive loss

-8,804

-5,897

-9,628

-4,871

-5,477

-3,449

-2,155

-1,447

4,837

2,533

-1,876

-2,582

-3,921

-6,933

1,892

783

1,133

534

-48

2,439

-4,104

10,776

17,429

31,797

31,795

33,457

31,565

26,195

26,884

29,725

28,769

27,672

26,748

28,527

28,533

28,829

27,074

Retained earnings

595,685

577,724

567,460

559,839

528,153

512,783

480,550

445,771

399,410

333,225

362,815

278,951

232,899

195,364

151,083

120,722

90,191

67,910

31,645

15,213

247,672

226,396

217,077

204,775

194,129

179,414

143,079

142,394

152,174

147,328

140,499

134,764

125,836

124,767

127,535

120,945

88,453

Advanced Energy stockholders' equity

685,397

676,714

659,627

655,518

621,624

606,790

599,062

595,010

576,747

520,641

548,386

485,388

434,326

392,074

354,787

321,812

289,225

263,580

275,369

260,452

484,268

474,965

466,061

464,962

476,119

464,462

414,841

401,502

404,802

389,611

378,476

367,759

389,552

407,339

425,097

415,653

373,968

Noncontrolling interest

561

546

541

531

520

512

513

506

462

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

685,958

677,260

660,168

656,049

622,144

607,302

599,575

595,516

577,209

520,641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

1,522,550

1,532,406

1,595,419

865,768

856,950

816,484

833,632

835,058

813,661

733,308

721,291

673,095

616,511

571,529

538,672

504,954

478,287

462,503

513,661

512,056

695,223

684,568

697,390

704,147

666,208

652,977

627,679

614,854

551,529

537,242

521,653

495,566

512,490

533,378

553,430

542,004

505,157