Altra industrial motion corp. (AIMC)
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

326,900

167,300

168,000

153,600

152,400

169,000

50,097

38,114

46,396

51,994

53,151

58,981

52,937

69,118

39,765

34,330

44,843

50,320

49,649

42,277

47,426

47,503

42,994

69,168

61,849

63,604

70,272

61,507

66,171

85,154

88,136

95,235

79,946

92,515

90,261

90,487

72,723

Trade receivables, less allowance for credit losses of $5.3 and $5.1 million at March 31, 2020 and December 31, 2019, respectively

242,900

243,200

244,300

269,600

281,800

259,800

139,863

146,419

150,794

135,499

136,511

137,797

132,618

120,319

104,671

103,271

103,869

94,720

104,400

117,334

113,047

106,458

117,872

125,412

120,673

109,084

99,773

99,218

103,103

92,933

94,513

101,823

110,451

91,859

103,718

108,373

67,403

Inventories

229,400

222,500

230,300

237,500

241,000

231,200

157,049

149,592

148,684

145,611

153,014

142,696

139,444

139,840

121,443

120,567

119,434

121,156

126,036

126,956

127,598

132,736

135,383

136,301

139,727

143,665

120,571

119,881

123,034

123,776

124,336

120,973

127,112

125,970

123,539

119,630

88,217

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,162

9,136

9,118

-

9,821

9,742

9,736

9,754

9,646

9,588

9,617

8,918

5,840

5,849

5,856

5,856

4,434

4,413

4,414

Income tax receivable

4,600

5,200

22,500

15,000

8,500

10,200

1,548

1,832

4,872

6,634

7,822

6,417

2,714

607

2,644

1,419

2,479

5,146

3,634

3,795

3,276

6,247

1,918

2,754

1,823

5,032

867

1,387

710

6,397

3,013

4,222

4,197

7,299

5,871

3,834

4,126

Prepaid expenses and other current assets

32,300

29,100

31,200

34,600

32,800

33,100

21,215

21,012

17,745

17,344

16,671

14,891

17,448

10,429

10,486

11,981

12,704

11,217

11,089

8,400

8,445

8,617

8,195

14,192

17,108

18,066

6,274

6,709

7,317

6,578

6,752

7,376

8,893

7,141

5,091

6,712

4,168

Assets held for sale

-

-

-

-

-

700

696

701

1,119

1,081

364

3,967

3,907

3,874

4,732

4,728

4,826

4,597

-

-

-

0

573

-

-

-

-

-

-

-

-

-

-

-

0

0

1,484

Total current assets

836,100

667,300

696,300

710,300

716,500

704,000

370,468

357,670

369,610

358,163

367,533

364,749

349,068

344,187

283,741

276,296

288,155

287,156

303,970

307,898

308,910

301,561

316,756

357,569

350,916

349,205

307,403

298,290

309,952

323,756

322,590

335,478

336,455

330,640

332,914

333,449

242,535

Property, plant and equipment, net

343,400

354,400

351,600

360,800

360,500

364,400

187,800

189,328

194,293

191,918

190,455

185,034

178,504

177,043

142,748

145,569

147,526

145,413

152,760

153,536

151,694

156,366

152,776

155,905

156,134

157,535

136,196

136,377

137,008

138,094

136,645

129,835

128,424

123,464

122,650

125,572

105,298

Goodwill

1,528,300

1,694,900

1,658,700

1,686,100

1,683,500

1,662,300

202,114

203,292

209,722

206,040

203,574

198,986

192,861

188,841

97,775

97,766

98,490

97,309

98,314

99,014

97,751

102,087

104,653

105,847

105,217

104,339

88,115

87,173

87,232

88,225

85,027

83,257

84,597

83,799

84,862

85,072

76,897

Intangible assets, net

1,457,700

1,502,400

1,507,400

1,546,500

1,559,900

1,585,700

148,389

151,639

160,767

159,613

160,939

158,766

153,373

154,683

90,508

92,497

95,619

96,069

99,480

101,880

102,579

110,730

115,530

114,233

116,648

118,768

71,137

71,914

73,559

76,098

78,405

73,328

76,251

77,108

79,560

82,769

69,250

Deferred income taxes

1,000

3,000

900

900

3,300

4,900

1,542

1,592

1,669

2,608

1,383

1,363

1,333

2,510

3,197

3,199

3,292

3,201

902

935

934

2,066

894

925

926

934

1,173

1,042

1,114

1,150

1,497

1,557

1,649

1,614

89

78

82

Other non-current assets

9,500

25,100

40,200

12,800

13,300

15,900

2,256

3,031

2,466

2,315

2,147

2,189

2,389

2,560

2,489

2,656

2,848

3,184

2,641

3,006

3,207

3,592

4,188

4,220

4,651

4,895

4,490

5,594

5,459

5,716

8,191

9,347

13,147

13,360

15,248

16,558

14,040

Operating lease right of use assets

40,200

36,600

38,600

40,400

43,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

4,216,200

4,283,700

4,293,700

4,357,800

4,380,300

4,337,200

912,569

906,552

938,527

920,657

926,031

911,087

877,528

869,824

620,458

617,983

635,930

632,332

658,067

666,269

665,075

676,402

694,797

738,699

734,492

735,676

608,514

600,390

614,324

633,039

632,355

632,802

640,523

629,985

635,323

643,498

508,102

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

154,400

154,700

149,200

156,500

172,300

175,800

61,466

62,935

62,363

68,014

59,624

57,451

60,942

60,845

41,845

44,647

37,258

40,297

46,565

47,486

47,491

44,298

43,914

53,339

52,452

51,180

47,454

45,177

46,747

43,042

41,495

43,184

47,349

52,768

50,636

49,829

40,812

Accrued payroll

49,400

58,300

56,100

54,500

53,600

57,000

31,139

27,066

26,244

32,091

29,761

26,736

24,010

31,302

22,141

19,908

17,833

22,312

21,691

20,702

18,085

23,254

24,194

23,958

22,446

23,983

20,277

17,969

16,522

19,893

20,841

18,593

17,079

19,734

21,741

19,477

18,486

Accruals and other current liabilities

85,300

82,000

86,700

80,500

78,700

79,600

53,169

38,475

43,131

32,921

38,137

40,129

35,882

35,080

36,721

34,737

37,701

34,990

37,849

33,298

30,598

33,591

38,649

35,962

36,180

34,979

33,384

29,654

31,297

31,084

36,413

32,743

33,533

28,798

34,632

38,514

24,142

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

122

125

123

-

44

46

45

44

-

-

-

34

102

116

123

118

61

54

59

Income tax payable

18,500

13,200

8,600

9,400

9,300

7,500

11,115

9,032

9,948

9,082

8,887

7,740

6,992

706

3,891

3,021

3,059

3,563

2,148

2,550

3,028

3,189

4,088

6,900

13,187

12,963

-

-

-

2,712

-

-

-

-

-

-

-

Current portion of long-term debt

17,200

18,000

18,700

19,200

18,200

17,200

1,306

1,364

1,430

384

380

371

340

43,690

400

708

1,963

3,187

12,713

13,804

15,743

15,176

14,532

18,824

17,784

16,924

12,800

11,883

10,904

9,135

997

21,475

1,109

688

824

958

3,393

Operating lease liabilities

12,800

13,500

13,900

14,300

14,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

337,600

339,700

333,200

334,400

347,000

337,100

158,195

138,872

143,116

142,492

136,789

132,427

128,166

171,623

104,998

103,021

97,814

104,349

121,088

117,965

115,068

119,508

125,421

139,029

142,094

140,073

113,915

104,683

105,470

105,900

99,848

116,111

99,193

102,106

107,894

108,832

86,892

Long-term debt - less current portion

1,658,500

1,563,800

1,602,800

1,642,500

1,676,600

1,690,900

255,161

260,024

278,282

275,587

295,223

308,009

317,649

325,969

209,754

210,470

232,839

231,568

227,189

233,857

241,901

240,576

237,062

247,964

249,147

261,348

181,085

195,372

217,143

238,460

241,614

240,194

260,512

263,361

266,417

274,476

213,109

Deferred income taxes

357,400

369,100

394,600

401,200

399,100

393,200

49,929

50,214

52,342

52,250

57,471

56,132

52,767

61,084

44,299

44,302

44,527

44,185

51,893

52,255

51,916

45,185

53,822

53,882

53,868

53,813

39,444

39,172

39,374

38,821

36,269

36,157

35,916

35,798

31,287

29,987

20,558

Pension liabilities

30,100

30,800

31,800

32,900

32,100

32,000

24,520

24,390

25,749

25,038

27,269

26,288

24,474

23,691

9,171

8,839

8,835

8,328

8,474

8,173

9,306

9,993

7,565

7,873

7,890

8,025

12,048

12,555

13,365

14,529

11,213

11,923

12,673

12,896

11,754

12,015

10,808

Other post retirement benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

205

219

-

254

260

278

296

-

-

223

Long-term taxes payable

2,700

4,500

4,500

4,500

4,500

5,400

5,418

5,418

5,419

6,322

-

-

-

694

670

662

655

-

650

643

636

629

762

753

755

1,038

1,155

1,143

1,130

1,118

1,303

1,288

6,324

6,227

6,749

11,283

10,892

Other long-term liabilities

43,800

28,800

33,000

30,200

18,500

30,400

2,186

14,742

20,655

22,263

25,714

19,452

7,025

3,415

691

699

689

1,335

701

761

808

869

844

993

1,026

1,055

720

714

699

960

743

674

705

905

984

1,005

868

Operating lease liabilities, net of current portion

29,000

24,700

26,300

27,700

30,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

719

883

979

1,084

1,028

991

1,041

1,205

1,218

1,239

1,298

-

-

-

-

-

-

Commitments and Contingencies (Note 16)

-

-

-

-

-

-

0

0

0

-

-

-

-

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

0

0

-

Stockholders’ equity:
Preferred stock ($0.0001 par value, 10,000,000 shares authorized, none issued and outstanding at December 31, 2015 and 2014, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Common stock ($0.001 par value per share, 120,000,000 shares authorized, 64,564,526 and 64,222,603 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively)

100

100

100

100

100

100

29

29

29

29

29

29

29

27

26

26

26

26

26

26

26

26

27

27

27

27

27

27

27

27

27

27

27

27

26

26

26

Additional paid-in capital

1,698,100

1,696,700

1,693,300

1,691,800

1,688,500

1,687,100

224,316

224,526

223,149

223,336

222,605

222,913

221,736

168,299

122,203

122,651

123,747

124,834

127,074

133,391

135,511

139,087

142,841

153,262

155,213

154,471

153,419

153,955

153,037

152,188

151,562

151,720

150,967

150,234

149,007

149,800

133,861

Retained earnings

187,700

315,400

289,300

274,500

256,700

232,600

248,534

241,249

227,198

223,204

215,766

207,439

197,038

191,108

193,344

191,907

186,441

181,539

179,322

173,010

167,281

161,061

155,198

151,444

141,889

133,231

128,722

120,906

112,928

103,200

110,160

102,989

93,727

83,211

77,315

65,176

45,536

Accumulated other comprehensive loss

-128,800

-89,900

-115,200

-82,000

-72,900

-71,600

-55,719

-52,912

-37,412

-49,864

-54,835

-61,602

-71,356

-76,086

-64,698

-64,594

-59,643

-63,832

-58,350

-53,812

-58,097

-41,415

-29,724

-17,612

-18,445

-18,396

-23,258

-29,547

-30,286

-23,403

-21,936

-28,541

-19,799

-25,076

-16,110

-9,102

-14,671

Total stockholders’ equity

1,757,100

1,922,300

1,867,500

1,884,400

1,872,400

1,848,200

417,160

412,892

412,964

396,705

383,565

368,779

347,447

283,348

250,875

249,990

250,571

242,567

248,072

252,615

244,721

258,759

268,342

287,121

278,684

269,333

258,910

245,341

235,706

232,012

239,813

226,195

224,922

208,396

210,238

205,900

164,752

Total liabilities and stockholders’ equity

4,216,200

4,283,700

4,293,700

4,357,800

4,380,300

4,337,200

912,569

906,552

938,527

920,657

926,031

911,087

877,528

869,824

620,458

617,983

635,930

632,332

658,067

666,269

665,075

676,402

694,797

738,699

734,492

735,676

608,514

600,390

614,324

633,039

632,355

632,802

640,523

629,985

635,323

643,498

508,102