ALAMO GROUP INC. ALG Balance Sheet

Alamo group inc. (ALG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents
84,425	42,311	60,279	48,190	39,023	34,043	48,880	43,602	75,850	25,373	69,068	74,637	70,662	16,793	56,485	44,972	49,654	26,922	42,657	34,522	36,661	39,533	38,644	37,359	42,253	63,960	53,603	17,841	33,491	48,291	38,313	33,520	37,858	10,288	25,279	26,145	30,243
Accounts receivable, net
248,773	237,837	243,296	267,064	269,785	228,098	227,828	238,126	234,747	205,767	203,068	200,223	196,244	170,329	174,047	196,901	195,692	178,305	175,940	194,942	193,176	175,008	178,072	201,930	183,361	151,396	161,704	178,993	169,678	140,268	153,834	169,974	170,391	143,934	148,285	169,695	127,388
Inventories, net
273,648	267,674	206,516	205,910	211,355	176,630	184,018	174,836	168,211	155,568	159,571	153,150	141,408	135,760	154,604	159,840	156,572	150,758	174,423	175,440	170,294	166,088	183,797	182,148	123,932	109,104	121,639	120,978	118,224	108,758	119,578	122,781	127,989	114,523	116,137	122,181	99,304
Prepaid expenses and other current assets
10,243	10,099	7,771	6,690	6,906	5,327	6,122	6,771	7,810	5,336	5,470	5,487	5,003	4,725	4,589	4,928	5,134	5,410	5,016	4,688	5,765	4,415	7,246	7,716	7,158	5,129	5,883	5,387	5,447	5,659	4,930	4,230	4,912	3,157	4,415	4,645	3,864
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,171	7,304	5,735	4,712	6,515	6,071	5,880	5,741	5,245	3,622	3,742	3,824	3,423	3,381	3,455	3,502	4,677	3,897	3,813
Income tax receivable
6,878	12,907	6,615	8,250	4,918	8,745	4,460	5,345	1,306	483	985	4,493	243	11	2,970	1,631	1,360	1,491	0	556	449	3,546	0	915	1,623	1,623	-	-	-	0	509	937	937	937	448	448	448
Total current assets
623,967	570,828	524,477	536,104	531,987	452,843	471,308	468,680	487,924	392,527	438,162	437,990	413,560	327,618	392,695	408,272	408,412	362,886	404,207	417,452	412,080	393,302	414,274	436,139	364,207	336,953	348,074	326,821	330,582	306,800	320,587	334,823	345,542	276,341	299,241	327,011	265,060
Rental equipment, net
52,045	56,467	56,177	51,517	49,342	43,978	40,461	37,057	32,751	28,493	31,044	31,441	28,047	30,970	32,506	34,063	33,994	37,564	42,214	44,437	36,779	33,631	28,927	29,160	-	0	-	-	-	-	-	-	-	-	-	-	-
Property, plant and equipment
297,729	302,113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, plant and equipment, at cost
-	-	243,777	243,489	236,692	219,135	214,175	207,827	210,681	202,293	196,837	190,228	182,670	180,041	179,727	180,994	180,158	178,044	172,908	173,592	168,297	171,667	173,071	177,235	160,926	158,376	154,884	149,995	147,241	146,454	147,526	146,986	150,106	148,160	143,004	144,952	139,674
Less: Accumulated depreciation
141,349	141,388	136,838	138,022	134,955	131,905	130,606	128,090	129,196	125,629	122,842	118,995	116,145	113,412	111,377	110,321	109,854	107,094	105,791	104,201	100,565	100,497	100,655	101,907	99,374	96,472	94,251	91,503	90,519	89,653	89,883	88,269	88,582	86,034	85,297	84,490	78,490
Total property, plant and equipment, net
156,380	160,725	106,939	105,467	101,737	87,230	83,569	79,737	81,485	76,664	73,995	71,233	66,525	66,629	68,350	70,673	70,304	70,950	67,117	69,391	67,732	71,170	72,416	75,328	61,552	61,904	60,633	58,492	56,722	56,801	57,643	58,717	61,524	62,126	57,707	60,462	61,184
Goodwill
195,561	198,022	93,468	93,134	88,821	83,243	83,716	83,972	85,033	84,761	86,364	82,430	75,298	74,825	75,883	75,919	76,397	75,509	76,082	77,389	72,831	75,691	71,996	73,594	31,980	32,073	31,814	30,923	30,870	31,648	32,019	31,558	32,365	31,751	33,949	35,636	34,073
Intangible assets, net
202,300	206,272	59,205	62,725	63,568	48,857	49,763	50,636	51,888	52,872	54,739	55,353	49,302	50,038	50,921	51,724	52,472	52,950	53,908	55,010	55,709	56,984	62,028	63,161	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500
Deferred income taxes
1,026	1,078	1,060	961	1,893	1,783	1,553	1,545	2,497	992	732	652	665	619	1,692	1,601	1,897	1,475	107	117	717	642	2,936	2,283	461	457	2,597	2,579	2,594	2,593	2,471	4,921	4,922	4,921	5,081	5,057	4,311
Other non-current assets
18,553	19,371	15,067	16,671	14,905	3,699	4,403	3,752	4,316	3,362	1,533	1,765	1,742	2,077	2,835	3,076	2,876	2,169	1,287	1,441	1,648	1,466	1,763	2,497	1,743	1,589	1,026	855	972	997	1,002	1,095	1,192	1,026	725	861	855
Total assets
1,249,876	1,212,763	856,393	866,579	852,253	721,633	734,773	725,379	745,894	639,671	686,569	680,864	635,139	552,776	624,882	645,328	646,352	603,503	644,922	665,237	647,496	632,886	654,340	682,162	465,443	438,476	449,644	425,170	427,240	404,339	419,222	436,614	451,045	381,665	402,203	434,527	370,983
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Trade accounts payable
88,891	81,986	69,009	67,391	70,251	54,083	71,944	63,322	61,830	55,825	59,212	57,164	54,361	43,136	48,504	55,702	54,903	45,486	60,952	60,806	57,475	47,741	68,701	65,905	66,335	45,593	55,911	53,602	55,546	41,641	47,516	49,998	54,353	40,782	47,029	56,303	45,152
Income taxes payable
2,079	2,362	2,516	1,926	2,019	2,865	0	0	5,537	5,002	2,445	2,210	6,924	2,333	2,150	1,159	1,076	1,320	1,131	338	420	52	3,111	1,369	1,947	1,126	1,869	2,214	2,935	4,045	4,170	2,001	3,314	2,617	3,139	0	1,567
Accrued liabilities
52,923	59,686	48,525	47,707	42,490	43,785	38,297	37,312	33,304	40,454	35,822	35,994	27,287	33,158	32,567	33,081	30,360	38,141	37,413	36,060	37,947	41,002	44,391	45,228	32,473	33,482	36,170	31,348	30,941	31,601	31,962	29,982	28,995	30,573	29,377	30,601	29,813
Current maturities of long-term debt and finance lease obligations
18,826	18,840	113	131	134	119	189	17	275	82	276	80	536	73	1,372	1,211	75	77	473	528	511	551	852	1,241	1,139	420	499	519	571	588	808	810	3,272	1,190	915	1,452	2,319
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	302	322	0	21	884	884	-	0	243	239	246	253	255	644	649	643	338	338	338
Total current liabilities
162,719	162,874	120,163	117,155	114,894	100,852	110,430	100,651	100,946	101,363	97,755	95,448	89,108	78,700	84,593	91,153	86,414	85,024	100,271	98,054	96,353	89,367	117,939	114,627	101,894	80,621	94,692	87,922	90,239	78,128	84,711	83,435	90,583	75,805	80,798	88,694	79,189
Long-term debt and finance lease obligations, net of current maturities
471,429	425,141	150,192	166,232	180,234	85,179	101,000	119,000	147,000	60,000	126,000	146,017	127,017	70,017	134,018	164,003	173,004	144,006	175,005	203,014	208,013	190,024	190,005	188,006	0	8	90	35	10,049	118	13,270	41,384	53,512	8,621	30,777	56,421	23,106
Long-term tax liability
6,778	7,432	6,710	6,378	6,378	6,120	7,347	12,316	12,316	12,316	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred pension liability
1,654	1,844	1,606	1,719	1,832	1,944	706	879	1,052	1,225	1,999	2,409	2,519	2,929	3,790	3,926	4,063	4,499	4,337	4,788	5,239	5,714	1,264	1,720	2,138	2,538	8,248	8,959	9,448	9,871	9,273	10,104	10,487	10,792	5,727	6,140	7,151
Other long-term liabilities
25,307	19,254	14,190	14,340	13,127	8,436	7,474	7,415	7,391	7,291	7,522	7,407	7,106	6,969	5,935	5,843	5,879	5,782	6,084	5,940	5,645	5,656	3,843	3,756	3,540	3,494	3,710	3,765	3,693	3,646	4,496	4,453	4,383	4,319	3,862	4,110	2,109
Deferred income taxes
21,580	26,461	12,480	17,923	14,304	11,731	10,924	10,671	10,807	8,368	6,800	6,672	6,533	6,444	9,030	4,165	4,562	3,723	5,125	5,544	1,116	4,455	3,825	4,080	1,304	1,350	2,705	2,119	2,261	2,290	2,447	4,863	4,924	4,852	6,505	6,091	6,168
Stockholders’ equity:
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,761,259 and 11,752,509 outstanding at March 31, 2020 and December 31, 2019, respectively
1,176	1,175	1,175	1,174	1,167	1,166	1,166	1,165	1,158	1,158	1,156	1,156	1,150	1,146	1,146	1,145	1,141	1,139	1,139	1,139	1,132	1,130	1,129	1,213	1,213	1,211	1,211	1,209	1,206	1,203	1,195	1,193	1,191	1,190	1,190	1,190	1,187
Additional paid-in-capital
114,967	113,666	112,629	111,476	109,285	108,422	107,737	106,794	104,588	103,864	102,913	102,355	100,695	99,765	99,222	98,616	97,378	96,778	96,610	96,245	94,298	93,849	93,097	93,431	91,989	91,439	91,046	90,165	89,414	88,660	86,963	86,552	85,938	85,704	85,401	85,172	84,377
Treasury stock, at cost; 82,600 shares at March 31, 2020 and December 31, 2019, respectively
4,566	4,566	4,566	3,381	1,916	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426	426
Retained earnings
514,320	500,320	492,161	476,152	456,889	443,040	427,737	405,479	387,985	374,678	372,597	357,163	346,009	334,988	328,432	316,227	306,691	299,057	288,582	274,737	265,932	259,476	248,913	269,943	261,595	255,203	250,025	239,535	228,591	222,480	218,997	210,519	201,887	196,431	189,094	179,750	166,589
Accumulated other comprehensive loss
-65,488	-40,838	-50,347	-42,589	-43,941	-44,831	-39,322	-38,565	-26,923	-30,166	-29,747	-37,337	-44,572	-47,756	-40,858	-39,324	-32,354	-36,079	-31,805	-23,798	-29,806	-16,359	-5,249	5,812	2,196	3,038	-1,657	-8,113	-7,235	-1,631	-1,704	-5,463	-1,434	-5,623	-725	7,385	1,533
Total stockholders’ equity
560,409	569,757	551,052	542,832	521,484	507,371	496,892	474,447	466,382	449,108	446,493	422,911	402,856	387,717	387,516	376,238	372,430	360,469	354,100	347,897	331,130	337,670	337,464	369,973	356,567	350,465	340,199	322,370	311,550	310,286	305,025	292,375	287,156	277,276	274,534	273,071	253,260
Total liabilities and stockholders’ equity
1,249,876	1,212,763	856,393	866,579	852,253	721,633	734,773	725,379	745,894	639,671	686,569	680,864	635,139	552,776	624,882	645,328	646,352	603,503	644,922	665,237	647,496	632,886	654,340	682,162	465,443	438,476	449,644	425,170	427,240	404,339	419,222	436,614	451,045	381,665	402,203	434,527	370,983