Apogee enterprises, inc. (APOG)
Balance Sheet / TTM
Feb'20Nov'19Aug'19Jun'19Mar'19Dec'18Aug'18May'18Mar'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11Feb'11
Assets
Current assets
Cash and cash equivalents

14,952

10,129

13,812

20,619

17,087

15,043

18,113

21,620

19,359

12,845

29,528

22,972

19,463

51,599

46,976

36,967

60,470

30,713

36,190

28,204

52,185

34,067

24,648

17,093

28,465

19,853

55,641

37,147

37,767

37,418

29,553

23,028

54,027

25,924

24,611

24,302

Short-term available for sale securities

-

-

-

-

-

-

-

2,394

-

482

464

425

548

30,635

30,665

30,502

30,173

60,653

56,129

35,279

327

243

393

564

204

2,689

15,227

29,775

26,007

25,154

25,091

20,909

11,664

6,834

5,256

11,163

Restricted cash

0

401

5,633

8,337

12,154

-

-

-

0

0

0

2,683

7,834

14,884

16,949

-

0

-

-

-

-

-

-

-

-

0

2,800

2,800

21,804

12,392

13,615

13,611

13,603

13,595

15,389

25,086

Receivables, net of allowance for doubtful accounts

196,806

197,976

201,913

209,338

192,767

201,498

200,770

185,543

211,852

246,863

222,583

180,483

185,740

188,442

187,996

186,606

172,832

163,502

150,784

160,304

171,623

174,996

165,429

154,719

154,914

144,800

126,881

117,429

121,170

127,361

117,688

112,046

108,424

121,480

111,444

100,967

Inventories

71,089

75,791

74,284

77,345

78,344

79,847

81,933

77,299

80,908

98,062

103,673

81,083

73,409

73,161

68,651

69,530

63,386

64,034

59,676

62,490

61,408

55,130

51,289

50,422

53,435

46,502

42,011

40,494

36,052

42,538

39,409

38,876

34,045

36,917

40,039

32,608

Costs and earnings on contracts in excess of billings

73,582

72,284

74,971

61,069

55,095

60,140

44,585

39,365

4,120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refundable income taxes

-

-

-

-

-

-

-

2,356

-

0

0

0

1,743

-

-

-

0

0

0

3,390

5,115

0

7,774

0

973

0

0

531

1,371

-

1,387

2,046

0

10,091

12,864

11,567

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,820

933

454

370

1,359

3,443

3,271

3,246

2,714

540

1,783

1,714

2,218

4,022

3,680

3,745

4,294

4,123

4,247

5,180

Other current assets

25,481

40,335

20,721

16,081

16,451

16,247

15,792

15,573

20,039

16,536

12,498

9,626

8,724

6,770

7,362

8,228

8,112

8,677

7,810

7,707

6,958

8,205

8,251

7,616

6,725

5,747

4,943

4,782

5,452

4,346

3,221

3,903

3,382

2,416

2,691

3,050

Total current assets

381,910

396,916

391,334

392,789

371,898

372,775

361,193

344,150

336,278

374,788

368,746

297,272

297,461

365,491

358,599

331,833

336,793

328,512

311,043

297,744

298,975

276,084

261,055

233,660

247,430

220,131

249,286

234,672

251,841

253,231

233,644

218,164

229,439

221,380

216,541

213,923

Property, Plant and Equipment, Net

324,386

326,418

319,234

317,522

315,823

302,209

308,314

304,350

304,063

302,904

299,974

250,979

246,748

229,556

218,261

214,459

202,462

194,145

196,720

192,374

193,540

192,053

195,250

197,144

193,946

175,831

163,721

164,052

168,948

162,358

162,898

162,921

159,547

161,770

167,103

179,201

Operating lease right-of-use assets

52,892

56,315

52,846

46,780

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Available for sale securities

-

-

-

-

-

-

-

12,738

-

9,766

10,357

7,551

9,041

10,962

12,679

12,930

12,519

11,022

7,993

9,703

10,655

10,739

6,476

10,234

11,273

11,103

11,044

11,882

12,807

10,356

9,399

10,279

7,936

13,361

12,008

15,709

Deferred tax assets

-

-

-

-

-

-

-

-

-

6,128

2,232

1,099

-

395

-

-

-

-

-

-

-

-

-

-

-

234

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

26,354

17,852

-

-

-

-

-

4,025

-

-

-

0

-

-

-

-

464

947

1,742

2,540

23,678

3,790

4,393

4,639

14,290

17,458

17,794

9,533

9,593

9,593

10,717

Goodwill

185,516

185,776

185,803

185,237

185,832

185,788

186,522

187,034

180,956

152,881

153,483

95,211

101,334

74,308

74,891

74,686

73,996

74,144

74,714

75,563

75,857

77,529

78,594

78,562

78,021

91,509

61,111

61,380

61,342

61,375

61,393

61,694

61,617

61,635

66,749

62,004

Intangible assets

140,191

142,779

144,605

144,908

148,235

153,605

157,991

161,964

167,349

173,856

181,124

105,330

106,686

19,460

19,950

20,108

19,862

20,398

21,327

22,419

23,280

25,132

26,745

27,221

27,198

12,510

12,264

13,068

13,675

14,281

14,552

15,767

16,092

16,921

18,739

19,655

Other non-current assets

44,096

41,587

45,004

45,003

46,380

40,249

41,745

25,079

33,674

23,445

23,460

22,155

19,363

17,073

17,227

13,713

11,808

12,307

9,500

10,080

9,750

10,129

9,870

9,877

9,587

10,417

7,273

7,883

6,889

7,790

8,131

8,967

8,940

9,926

12,136

9,889

Total assets

1,128,991

1,149,791

1,138,826

1,132,239

1,068,168

1,080,980

1,073,617

1,035,315

1,022,320

1,043,768

1,039,376

779,597

784,658

717,245

701,607

667,729

657,440

640,528

621,297

607,883

612,057

592,130

578,937

558,440

569,995

545,413

508,489

497,330

520,141

523,681

507,475

495,586

493,104

494,586

502,869

511,098

Liabilities and Shareholders’ Equity
Current liabilities
Accounts payable

69,056

66,557

68,456

73,017

72,219

79,072

75,630

72,050

68,416

62,655

63,619

63,666

63,182

65,087

61,288

60,118

64,762

59,688

54,129

52,792

56,516

55,516

46,935

47,033

47,241

50,369

39,010

32,484

34,235

39,310

40,133

33,665

34,025

38,057

39,381

34,943

Accrued payroll and related benefits

40,119

33,339

30,285

25,864

41,119

39,323

32,254

29,076

36,646

33,769

30,632

27,990

51,244

42,132

33,931

27,088

39,946

32,327

26,288

24,323

36,620

30,702

23,941

20,305

25,216

21,240

16,732

16,011

26,732

23,977

17,611

15,072

23,699

20,837

19,306

20,140

Billings in excess of costs and earnings on uncompleted contracts

32,696

26,366

19,459

20,230

21,478

26,961

24,907

24,381

12,461

38,830

33,864

33,931

28,857

36,786

42,600

42,403

31,890

29,624

25,396

29,424

22,233

25,464

30,664

23,542

22,557

15,968

17,703

19,304

21,355

26,262

28,516

27,760

22,550

19,756

18,091

23,406

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

345

352

776

799

789

805

4,023

Operating lease liabilities

11,272

9,399

10,488

10,704

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of debt

5,400

155,400

155,400

-

0

-

-

-

-

-

-

-

-

-

-

-

-

29

38

37

-

48

53

52

49

26

52

58

10,057

83

50

83

108

216

133

987

Accrued self-insurance reserves

-

-

-

-

-

8,060

6,718

5,047

10,933

8,834

8,461

5,901

8,575

8,581

8,404

6,178

7,818

5,463

7,507

6,202

8,058

6,874

8,050

6,777

6,683

5,441

6,231

5,295

6,145

5,507

4,794

4,630

4,668

3,661

3,927

6,330

Other Liabilities, Current

118,314

108,481

87,174

85,090

92,696

59,230

69,707

74,269

79,696

60,923

56,378

32,979

34,200

32,369

29,688

28,425

29,339

27,952

25,214

23,201

25,601

24,573

27,578

31,217

35,088

27,951

24,917

23,585

23,643

22,521

16,491

17,406

19,017

20,818

21,434

24,117

Accrued income taxes

-

-

-

-

-

-

-

-

-

4,520

4,854

2,801

-

3,439

1,605

5,934

3,626

3,996

3,068

-

0

174

-

134

-

4,540

703

-

-

389

0

-

905

-

-

-

Total current liabilities

276,857

399,542

371,262

214,905

227,512

212,646

209,216

204,823

208,152

209,531

197,808

167,268

186,058

188,394

177,516

170,146

177,381

159,079

141,640

135,979

149,028

143,351

137,221

129,060

136,834

125,535

105,348

96,737

122,167

118,394

107,947

99,392

105,771

104,134

103,077

113,946

Long-term debt

212,500

95,856

117,385

293,309

245,724

232,726

224,881

214,540

215,860

231,276

257,806

71,400

65,400

20,400

20,400

22,305

20,400

20,793

21,444

21,727

20,587

22,505

21,446

20,659

20,659

20,689

20,701

20,746

20,756

30,775

30,849

30,912

20,916

20,962

21,117

21,442

Non-current operating lease liabilities

43,163

48,509

43,650

37,220

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrecognized tax benefits

-

-

-

-

-

-

-

-

-

4,837

4,465

4,309

3,980

-

-

4,444

4,441

4,461

4,648

4,499

4,477

5,048

5,108

5,367

5,234

5,970

6,646

6,525

6,765

7,338

8,749

8,627

8,918

9,880

12,251

13,848

Non-current self-insurance reserves

22,831

25,260

24,320

23,117

21,433

19,329

18,918

18,720

16,307

17,038

17,001

8,254

8,831

8,008

8,788

8,897

7,137

7,785

7,109

7,346

6,185

7,436

7,166

7,383

7,977

8,828

7,704

8,247

8,030

7,627

7,933

8,679

9,605

9,811

9,543

9,270

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

2,910

1,836

3,622

4,025

0

1,881

3,599

4,972

5,018

7,331

10,073

10,652

6,232

8,876

6,738

8,567

0

2,964

3,211

3,480

2,696

2,486

2,414

2,247

5,667

9,632

4,863

Other non-current liabilities

56,862

65,645

79,128

78,712

77,182

85,405

81,746

72,645

70,646

59,481

59,086

42,915

45,787

48,266

46,766

34,722

36,914

37,282

37,483

37,355

38,652

33,358

32,830

32,581

34,620

37,208

26,144

26,096

25,625

26,224

25,868

24,121

23,929

23,144

24,797

19,410

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

485

504

509

520

576

597

642

Commitments and contingent liabilities (Note 11)

-

-

-

-

-

-

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

Shareholders’ equity
Common stock of $0.33-1/3 par value; authorized 50,000,000 shares; issued and outstanding 26,443,166 and 27,015,127 shares, respectively

8,814

8,851

8,851

8,843

9,005

9,219

9,420

9,409

9,386

9,547

9,548

9,596

9,560

9,549

9,632

9,596

9,561

9,703

9,747

9,743

9,683

9,665

9,653

9,701

9,653

9,600

9,591

9,580

9,505

9,479

9,448

9,429

9,354

9,348

9,440

9,368

Additional paid-in capital

154,016

153,188

151,735

150,240

151,842

154,095

155,898

154,261

152,763

154,357

152,711

152,107

150,111

148,379

149,956

147,010

145,528

146,700

146,664

144,229

138,575

136,415

134,392

133,359

130,570

126,373

124,621

122,624

119,759

117,679

115,668

113,898

113,046

111,220

110,862

108,991

Retained earnings

388,010

385,032

374,439

360,394

367,597

400,289

402,619

386,518

373,259

375,280

355,623

351,872

341,996

323,070

313,449

295,502

282,477

281,329

272,765

262,327

256,538

243,029

232,601

224,382

228,841

220,665

213,607

210,487

211,135

209,379

204,300

201,844

203,558

203,121

201,103

210,203

Common stock held in trust

685

675

778

767

755

745

842

831

922

908

897

886

875

863

853

843

837

828

819

810

801

804

796

788

791

783

775

768

761

767

760

753

745

771

764

751

Deferred compensation obligations

685

675

778

767

755

745

842

831

922

908

897

886

875

-863

-853

-843

837

-828

-819

-810

-801

-804

-796

-788

-791

-783

-775

-768

-761

-767

-760

-753

-745

-771

-764

-751

Accumulated other comprehensive loss

-34,062

-32,092

-31,944

-34,501

-32,127

-32,729

-29,081

-25,601

-24,053

-20,489

-16,508

-31,746

-31,090

-28,821

-26,781

-28,492

-31,371

-31,622

-27,534

-25,395

-22,320

-14,909

-10,356

-10,790

-12,960

-9,455

-8,837

-6,923

-7,081

-6,395

-6,277

-4,239

-4,760

-3,277

450

-885

Total shareholders’ equity

516,778

514,979

503,081

484,976

496,317

530,874

538,856

524,587

511,355

518,695

501,374

481,829

470,577

452,177

446,256

423,616

406,195

406,110

401,642

390,904

382,476

374,200

366,290

356,652

356,104

347,183

338,982

335,768

333,318

330,142

323,139

320,932

321,198

320,412

321,855

327,677

Total liabilities and shareholders’ equity

1,128,991

1,149,791

1,138,826

1,132,239

1,068,168

1,080,980

1,073,617

1,035,315

1,022,320

1,043,768

1,039,376

779,597

784,658

717,245

701,607

667,729

657,440

640,528

621,297

607,883

612,057

592,130

578,937

558,440

569,995

545,413

508,489

497,330

520,141

523,681

507,475

495,586

493,104

494,586

502,869

511,098