Applied industrial technologies, inc. (AIT)
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'11Mar'11Dec'10Sep'10Jun'10
ASSETS
Current assets
Cash and cash equivalents

165,464

128,149

98,204

108,219

47,367

79,827

56,408

54,150

43,523

85,324

77,769

105,057

67,313

62,857

58,022

59,861

62,932

55,634

63,966

69,470

55,165

33,184

52,033

71,189

69,086

66,584

76,877

73,164

43,083

51,845

56,673

78,442

79,408

70,512

73,218

91,092

88,559

53,915

94,593

175,777

Accounts receivable, net

524,081

502,894

529,330

540,902

574,468

512,034

565,462

548,811

533,533

393,706

405,572

390,931

390,874

336,716

347,286

347,857

354,553

329,287

356,606

376,305

394,408

385,326

403,521

375,732

344,096

305,936

320,281

329,880

336,245

304,628

325,753

307,043

307,660

280,700

289,450

290,751

280,706

250,671

261,042

246,402

Inventories

421,201

463,609

465,165

447,555

454,555

445,881

431,658

422,069

432,449

386,943

364,979

345,145

344,743

349,020

342,044

338,221

346,979

359,726

350,807

362,419

381,085

401,474

367,291

335,747

320,045

323,257

302,404

281,417

281,198

294,651

268,960

228,506

230,035

222,626

215,013

204,066

196,427

194,991

190,758

173,253

Other current assets

51,773

47,903

52,224

51,462

49,380

44,041

35,555

32,990

41,735

37,538

28,559

41,409

33,181

33,839

30,009

35,582

39,377

36,177

42,527

37,816

55,359

57,773

51,915

53,480

41,284

54,702

34,174

52,819

42,355

46,820

35,709

51,771

31,897

36,113

27,532

33,005

26,791

29,392

24,822

23,428

Total current assets

1,162,519

1,142,555

1,144,923

1,148,138

1,125,770

1,081,783

1,089,083

1,058,020

1,051,240

903,511

876,879

882,542

836,111

782,432

777,361

781,521

803,841

780,824

813,906

846,010

886,017

877,757

874,760

836,148

774,511

750,479

733,736

737,280

702,881

697,944

687,095

665,762

649,000

609,951

605,213

618,914

592,483

528,969

571,215

618,860

Land

-

-

-

-

-

-

-

14,411

-

-

-

14,250

-

-

-

14,214

-

-

-

12,950

-

-

-

13,212

-

-

-

10,125

-

-

-

10,245

-

-

-

10,428

-

-

-

10,569

Buildings

-

-

-

-

-

-

-

104,419

-

-

-

97,529

-

-

-

97,521

-

-

-

89,325

-

-

-

89,886

-

-

-

75,463

-

-

-

74,477

-

-

-

73,399

-

-

-

73,099

Equipment, including computers and software

-

-

-

-

-

-

-

177,813

-

-

-

162,432

-

-

-

157,496

-

-

-

166,515

-

-

-

157,370

-

-

-

155,161

-

-

-

147,004

-

-

-

129,117

-

-

-

113,593

Total property — at cost

-

-

-

-

-

-

-

296,643

-

-

-

274,211

-

-

-

269,231

-

-

-

268,790

-

-

-

260,468

-

-

-

240,749

-

-

-

231,726

-

-

-

212,944

-

-

-

197,261

Less accumulated depreciation

-

-

-

-

-

-

-

175,300

-

-

-

166,143

-

-

-

161,466

-

-

-

164,343

-

-

-

156,872

-

-

-

157,506

-

-

-

148,623

-

-

-

143,930

-

-

-

138,790

Property, less accumulated depreciation of $187,292 and $181,066

123,770

126,248

125,094

124,303

123,240

122,005

119,781

121,343

121,858

111,962

111,313

108,068

106,773

105,279

106,283

107,765

108,132

106,470

104,760

104,447

104,680

107,352

106,683

103,596

78,834

80,056

81,149

83,243

84,355

85,596

84,357

83,103

78,464

76,659

73,079

69,014

67,949

67,357

67,044

58,471

Operating lease assets, net

86,617

85,418

86,557

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Identifiable intangibles, net

352,864

364,519

374,871

368,866

378,844

413,093

425,801

435,947

448,089

153,432

159,848

163,562

168,404

173,460

181,465

191,240

195,726

185,009

191,708

198,828

203,978

216,305

208,497

159,508

88,368

91,669

87,961

91,267

95,215

100,914

90,087

84,840

88,768

82,968

86,661

89,551

90,324

93,389

95,671

85,916

Goodwill

539,495

673,175

671,476

661,991

661,195

651,206

647,529

646,643

629,783

209,001

209,834

206,135

205,341

203,963

205,537

202,700

199,236

249,267

248,580

254,406

252,717

260,256

259,156

193,494

111,201

111,356

106,973

106,849

108,060

105,026

94,626

83,080

84,690

75,517

76,783

76,981

75,605

74,587

73,743

63,405

Deferred tax assets

-

-

-

-

-

-

-

-

-

9,543

9,242

-

12,652

12,424

11,802

12,277

10,109

11,938

90

10,980

490

255

260

21,166

23,792

20,463

20,568

21,026

26,407

26,209

26,069

26,424

34,752

36,604

42,437

43,447

47,623

47,557

48,346

48,493

Other assets

24,264

27,082

26,811

28,399

33,761

21,901

23,494

23,788

21,353

18,433

17,791

27,288

17,410

16,958

16,991

16,522

17,295

16,887

17,216

17,885

18,271

18,525

19,563

20,257

19,945

20,136

19,702

19,041

19,019

21,937

19,533

18,974

18,662

16,314

16,054

17,024

17,874

17,771

16,690

16,375

Assets

2,289,529

2,418,997

2,429,732

2,331,697

2,322,810

2,289,988

2,305,688

2,285,741

2,272,323

1,405,882

1,384,907

1,387,595

1,346,691

1,294,516

1,299,439

1,312,025

1,334,339

1,350,395

1,376,260

1,432,556

1,466,153

1,480,450

1,468,919

1,334,169

1,096,651

1,074,159

1,050,089

1,058,706

1,035,937

1,037,626

1,001,767

962,183

954,336

898,013

900,227

914,931

891,858

829,630

872,709

891,520

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable

214,253

212,312

229,368

237,289

240,339

232,558

241,885

256,886

217,852

165,634

165,233

180,614

150,255

137,499

149,007

148,543

134,871

114,824

142,636

179,825

143,881

150,938

145,614

172,401

145,352

140,869

131,195

136,575

140,865

123,796

145,932

120,890

124,614

105,591

109,928

108,509

110,143

86,957

109,266

94,529

Current portion of long-term debt

78,642

73,771

93,912

49,036

44,163

44,184

19,184

19,183

19,182

6,378

5,595

4,814

4,012

3,248

3,248

3,247

3,351

3,350

3,975

3,349

2,720

2,720

2,842

2,720

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,000

15,000

-

-

-

33,000

-

-

-

-

-

-

0

0

25,000

75,000

Compensation and related benefits

69,051

56,772

63,973

67,978

69,324

56,882

62,995

73,370

67,994

48,726

49,774

58,785

57,615

44,427

46,327

57,187

51,401

40,310

43,466

63,780

54,010

54,139

47,687

55,760

46,849

48,769

45,373

63,899

54,044

52,935

46,355

63,149

56,234

51,930

44,443

65,413

55,007

42,134

37,999

50,107

Other current liabilities

85,915

77,846

91,469

69,491

62,731

60,164

70,109

83,112

64,936

50,889

59,658

65,540

58,683

52,048

65,719

65,306

62,852

62,890

68,220

63,118

68,456

63,854

75,839

60,074

46,022

46,216

49,007

45,426

45,881

45,763

49,720

46,130

44,847

41,443

52,582

40,766

43,493

43,049

63,292

51,696

Total current liabilities

447,861

420,701

478,722

423,794

416,557

393,788

394,173

432,551

369,964

271,627

280,260

309,753

270,565

237,222

264,301

274,283

252,475

221,374

258,297

310,072

269,067

271,651

271,982

290,955

268,223

250,854

225,575

245,900

240,790

255,494

242,007

230,169

225,695

198,964

206,953

214,688

208,643

172,140

235,557

271,332

Long-term debt

864,758

874,423

859,172

908,850

937,536

923,410

953,216

944,522

1,017,327

306,579

285,175

286,769

317,382

323,940

301,771

324,583

367,820

363,640

351,340

317,646

386,956

346,636

321,418

167,992

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postemployment benefits

-

-

-

-

8,372

9,200

9,212

-

13,235

14,022

15,603

16,715

20,226

20,603

21,290

21,322

19,282

19,619

19,623

19,627

18,814

19,058

19,073

23,611

25,197

25,405

25,340

30,919

34,924

35,038

34,940

39,750

35,274

36,238

43,911

47,730

49,777

49,371

48,966

48,560

Other liabilities

146,350

161,632

164,613

102,019

77,497

73,675

78,281

93,705

65,769

34,392

30,201

29,102

32,648

31,342

31,629

33,921

37,920

38,195

36,877

43,883

55,005

61,439

65,741

51,303

22,159

24,421

24,552

22,272

22,243

24,982

21,721

20,133

21,158

16,625

16,549

18,950

20,241

18,878

19,108

16,589

TOTAL LIABILITIES

1,458,969

1,456,756

1,502,507

1,434,663

1,439,962

1,400,073

1,434,882

1,470,778

1,466,295

626,620

611,239

642,339

640,821

613,107

618,991

654,109

677,497

642,828

666,137

691,228

729,842

698,784

678,214

533,861

315,579

300,680

275,467

299,091

297,957

315,514

298,668

290,052

282,127

251,827

267,413

281,368

278,661

240,389

303,631

336,481

Shareholders’ Equity
Preferred stock—no par value; 2,500 shares authorized; none issued or 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

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock—no par value; 80,000 shares authorized; 54,213 shares issued

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

10,000

Additional paid-in capital

174,830

173,677

172,223

172,931

171,734

170,385

168,618

169,383

167,848

166,008

164,998

164,655

163,448

162,639

162,518

162,529

161,735

160,668

160,407

160,072

158,923

158,623

158,001

156,999

156,495

155,299

154,492

153,893

152,676

151,508

150,900

150,070

149,943

151,704

150,153

148,307

148,112

146,804

145,366

143,185

Retained earnings

1,195,411

1,290,685

1,264,648

1,229,148

1,213,314

1,208,748

1,181,683

1,129,678

1,112,136

1,087,156

1,067,473

1,033,751

1,003,480

985,297

972,174

944,821

940,696

996,392

983,072

969,548

952,355

934,821

915,482

896,776

877,547

857,638

841,448

824,362

801,812

782,236

764,045

743,360

720,202

699,612

686,687

668,421

648,232

628,912

614,919

601,370

Treasury shares—at cost (15,506 and 15,616 shares, respectively)

414,174

414,561

414,513

415,159

415,206

404,586

404,619

403,875

403,956

404,288

395,253

381,448

381,646

378,905

376,441

373,888

374,393

365,179

355,715

338,121

320,744

283,622

272,075

261,852

249,086

239,358

228,528

225,219

225,322

225,751

226,425

226,730

215,394

216,557

216,190

198,224

196,478

192,598

192,996

193,468

Accumulated other comprehensive loss

-135,507

-97,560

-105,133

-99,886

-96,994

-94,632

-84,876

-90,223

-80,000

-79,614

-73,550

-81,702

-89,412

-97,622

-87,803

-85,546

-81,196

-94,314

-87,641

-60,171

-64,223

-38,156

-20,703

-1,615

-13,884

-10,100

-2,790

-3,421

-1,186

4,119

4,579

-4,569

7,458

1,427

2,164

5,059

3,331

-3,877

-8,211

-6,048

Stockholders' Equity Attributable to Parent

830,560

962,241

927,225

897,034

882,848

889,915

870,806

814,963

806,028

779,262

773,668

745,256

705,870

681,409

680,448

657,916

656,842

707,567

710,123

741,328

736,311

781,666

790,705

800,308

781,072

773,479

774,622

759,615

737,980

722,112

703,099

672,131

672,209

646,186

632,814

633,563

613,197

589,241

569,078

555,039

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

2,289,529

2,418,997

2,429,732

2,331,697

2,322,810

2,289,988

2,305,688

2,285,741

2,272,323

1,405,882

1,384,907

1,387,595

1,346,691

1,294,516

1,299,439

1,312,025

1,334,339

1,350,395

1,376,260

1,432,556

1,466,153

1,480,450

1,468,919

1,334,169

1,096,651

1,074,159

1,050,089

1,058,706

1,035,937

1,037,626

1,001,767

962,183

954,336

898,013

900,227

914,931

891,858

829,630

872,709

891,520