Arc document solutions, inc. (ARC)
Balance Sheet / TTM
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

38,210

29,425

20,803

21,741

18,770

29,433

18,404

24,738

13,968

28,059

26,363

26,604

19,669

25,239

19,640

20,452

16,793

23,963

20,824

15,436

17,561

22,636

24,835

24,206

23,993

27,362

37,054

32,377

30,219

28,021

30,534

23,318

29,814

25,437

25,954

21,907

26,293

Accounts receivable, net of allowances for accounts receivable of $2,342 and $2,099

52,763

51,432

57,662

59,681

60,108

58,035

62,478

60,689

59,893

57,011

59,006

59,565

59,659

59,735

61,373

60,933

61,377

60,085

64,600

68,344

66,046

62,045

64,056

63,622

59,493

56,328

58,643

63,111

60,758

51,855

57,698

60,464

60,216

54,713

60,956

61,045

52,619

Inventory

12,819

13,936

15,384

16,498

16,278

16,768

18,301

18,481

19,577

19,937

19,095

18,733

19,755

18,184

19,981

19,570

18,529

16,972

17,839

19,135

17,354

16,251

16,167

16,013

16,066

14,047

13,750

13,717

13,907

14,251

14,450

13,492

12,542

12,107

10,880

11,350

10,689

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,798

227

277

278

347

207

353

356

468

386

382

0

-

-

-

-

0

0

7,157

Prepaid expenses

4,790

4,783

5,586

5,965

5,315

4,937

6,371

5,168

5,220

4,208

5,008

5,613

4,630

3,861

4,689

4,766

4,356

4,555

5,049

4,789

5,247

4,767

5,208

4,455

4,590

4,324

4,711

3,993

3,553

3,277

4,699

4,483

4,922

3,999

4,589

4,223

4,074

Other current assets

5,951

6,807

7,435

7,763

7,318

6,202

5,209

5,056

4,313

5,266

5,034

5,265

4,269

4,785

3,485

4,347

3,687

4,131

3,271

4,836

3,913

6,080

3,466

3,275

4,155

4,013

3,418

3,318

2,819

6,819

8,080

7,480

6,909

7,541

19,609

20,775

6,870

Total current assets

114,533

106,383

106,870

111,648

107,789

115,375

110,763

114,132

102,971

114,481

114,506

115,780

107,982

111,804

109,168

110,068

104,742

109,706

115,381

112,767

110,398

112,057

114,079

111,778

108,650

106,430

118,044

116,902

111,638

104,223

115,461

109,237

114,403

103,797

121,988

119,300

107,702

Property and equipment, net of accumulated depreciation of $214,908 and $210,849

68,750

70,334

70,226

70,330

69,984

70,668

69,133

68,059

63,083

64,245

65,645

64,078

62,595

60,735

56,923

57,754

56,247

57,590

58,459

59,454

58,897

59,520

59,515

57,923

56,574

56,181

56,367

56,552

56,345

56,471

56,408

56,953

55,775

55,084

55,407

56,140

59,036

Right-of-use assets from operating leases

41,962

41,238

40,753

42,845

44,783

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

121,051

121,051

121,051

121,051

121,051

121,051

121,051

121,051

121,051

121,051

121,051

138,688

138,688

138,688

138,688

138,688

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

212,608

229,315

229,315

229,315

229,315

271,424

294,759

Finite-Lived Intangible Assets, Net

1,363

1,996

2,636

3,378

4,253

5,126

6,078

7,040

8,078

9,068

10,087

11,094

12,102

13,202

14,393

15,580

16,872

17,946

19,339

20,851

22,228

23,841

24,682

26,078

26,316

27,856

29,436

31,021

32,723

34,498

36,308

38,109

40,644

45,127

49,701

53,799

62,643

Deferred income taxes

-

-

-

-

-

-

-

26,219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

18,629

19,755

20,164

21,055

24,779

24,946

25,738

-

-

28,029

-

-

-

42,667

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing fees, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,804

2,038

2,296

2,440

2,575

2,866

3,083

3,242

3,291

3,658

3,936

4,219

4,495

4,770

4,936

4,574

4,561

4,669

4,995

Deferred income taxes

-

-

-

-

-

-

-

-

28,043

-

41,364

39,397

41,727

-

74,138

76,019

72,991

74,196

71,989

994

992

1,110

976

1,254

1,222

1,186

1,269

1,350

1,316

1,246

1,293

1,271

1,320

1,368

1,347

1,442

37,835

Other assets

2,421

2,400

2,479

2,155

2,266

2,550

2,601

2,463

2,577

2,551

2,590

2,345

2,220

2,185

2,255

2,372

2,501

2,492

2,192

2,434

2,686

2,492

2,356

2,420

2,323

2,419

2,591

2,275

2,536

2,574

2,196

2,264

2,059

2,092

2,120

2,219

2,115

Total assets

368,709

363,157

364,179

372,462

374,905

339,716

335,364

338,964

325,803

339,425

355,243

371,382

365,314

369,281

395,565

400,481

465,961

474,538

481,772

411,146

410,105

414,068

416,791

414,927

410,776

409,922

423,606

424,366

421,102

415,839

428,769

441,919

448,452

441,357

464,439

508,993

569,085

Liabilities and Equity
Current liabilities:
Accounts payable

22,952

23,231

23,197

23,778

24,739

24,218

22,848

25,895

20,850

24,289

25,027

22,246

23,514

24,782

22,534

22,148

21,385

23,989

24,733

25,459

23,701

26,866

25,427

25,793

22,652

23,363

21,889

24,824

20,558

21,215

21,335

23,189

21,254

21,787

22,931

23,167

23,593

Accrued payroll and payroll-related expenses

8,558

14,569

12,130

13,605

9,626

17,029

13,009

13,834

9,552

12,617

10,908

12,951

8,838

12,219

10,196

11,811

8,507

12,118

13,820

11,934

11,788

13,765

14,733

11,698

11,059

11,497

12,834

9,834

9,460

6,774

9,906

8,293

9,461

7,292

9,759

8,040

7,980

Accrued expenses

18,992

20,440

19,690

20,018

19,418

17,571

17,896

16,535

14,912

17,201

15,041

16,532

16,284

16,138

16,793

18,023

19,707

19,194

18,713

20,541

21,253

22,793

23,369

23,096

23,230

21,365

27,623

21,958

27,578

22,321

26,440

20,358

26,208

19,308

24,983

19,497

30,134

Current operating lease liability

10,885

11,060

10,899

11,372

11,756

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of finance leases

17,364

17,075

22,976

22,916

22,312

22,132

21,334

20,785

20,198

20,791

20,268

15,162

14,680

13,773

12,926

14,863

14,651

14,374

17,268

21,322

28,303

27,969

11,394

13,859

19,188

21,500

11,505

12,061

11,264

13,263

13,987

12,503

14,602

15,005

26,648

32,365

23,608

Total current liabilities

78,751

86,375

88,892

91,689

87,851

80,950

75,087

77,049

65,512

74,898

71,244

66,891

63,316

66,912

62,449

66,845

64,250

69,675

74,534

79,256

85,045

91,393

74,923

74,446

76,129

77,725

73,851

68,677

68,860

63,573

71,668

64,343

71,525

63,392

84,321

83,069

85,315

Long-term operating lease liabilities

38,024

37,260

37,008

38,550

40,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and finance leases

104,351

89,082

88,437

94,070

99,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and finance leases

-

-

-

-

-

105,060

110,889

115,394

117,888

123,626

128,917

136,805

139,660

143,400

145,978

150,059

152,353

157,018

163,151

167,708

171,890

175,916

194,238

196,977

197,197

198,228

201,880

208,722

208,124

209,262

210,245

211,908

211,862

211,259

211,954

213,288

216,016

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,845

29,412

36,490

35,933

35,156

34,578

34,050

33,463

33,110

32,724

32,339

31,667

30,938

30,319

29,018

28,936

28,114

28,088

27,336

26,447

26,070

29,486

0

Other long-term liabilities

389

400

497

400

468

6,404

4,474

4,500

3,279

3,290

3,329

2,639

2,214

2,148

2,482

2,623

2,869

2,778

3,226

3,492

3,464

3,458

3,059

3,190

3,186

3,163

3,122

3,137

3,141

3,231

3,107

3,163

3,306

3,194

3,073

3,298

5,072

Total liabilities

221,515

213,117

214,834

224,709

227,338

192,414

190,450

196,943

186,679

201,814

203,490

206,335

205,190

212,460

240,754

248,939

255,962

265,404

276,067

285,034

294,449

304,230

305,330

307,337

308,851

310,783

309,791

310,855

309,143

305,002

313,134

307,502

314,029

304,292

325,418

329,141

306,403

Commitments and contingencies (Note 6)

-

-

-

-

-

-

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

Shareholders’ equity:
ARC Document Solutions, Inc. shareholders’ equity:
Preferred stock, $0.001 par value, 25,000 shares authorized; 0 shares 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

0

0

0

0

0

0

0

0

0

0

Common stock, $0.001 par value, 150,000 shares authorized; 49,517 and 49,189 shares issued and 43,469 and 45,228 shares outstanding

50

49

49

49

49

48

48

48

48

48

48

48

47

47

47

47

47

47

47

47

47

47

46

46

46

46

46

46

46

46

46

46

46

46

46

46

46

Additional paid-in capital

126,641

126,117

125,488

124,837

124,182

123,525

122,878

122,252

121,650

120,953

120,204

119,467

118,619

117,749

117,264

116,494

115,842

115,089

114,304

113,544

112,573

110,650

109,690

108,525

107,599

105,806

104,572

103,840

103,102

102,510

101,968

101,414

100,870

99,728

99,698

99,396

96,251

Retained earnings

32,225

31,969

31,588

30,513

29,989

29,397

27,785

25,226

21,152

20,524

32,681

47,455

43,819

41,822

39,198

36,357

92,261

89,687

86,626

6,340

-2,917

-7,353

-5,026

-8,687

-13,232

-14,628

1,382

1,832

1,110

695

6,591

26,703

27,756

32,663

35,720

77,477

173,459

Accumulated other comprehensive loss

-4,198

-3,357

-3,740

-3,823

-3,919

-3,351

-3,457

-3,367

-1,954

-1,998

-2,545

-3,139

-3,375

-3,793

-2,831

-2,653

-1,928

-2,097

-1,693

-477

-678

-161

229

655

396

634

736

411

495

689

437

-347

-696

-1,760

-2,722

-3,219

-5,541

Total stockholders equity before adjustment of treasury stock

154,718

154,778

153,385

151,576

150,301

149,619

147,254

144,159

140,896

139,527

150,388

163,831

159,110

155,825

153,678

150,245

206,222

202,726

199,284

119,454

109,025

103,183

104,939

100,539

94,809

91,858

106,736

106,129

104,753

103,940

-

-

-

130,677

132,742

173,700

264,215

Less cost of common stock in treasury, 6,048 and 3,960 shares

13,842

11,410

10,536

10,217

9,416

9,350

9,350

9,350

9,350

9,290

5,909

5,909

5,909

5,909

5,909

5,709

3,345

612

612

612

408

408

319

319

168

168

134

134

44

44

-

-

-

-

0

0

7,709

Total ARC Document Solutions, Inc. shareholders’ equity

140,876

143,368

142,849

141,359

140,885

140,269

137,904

134,809

131,546

130,237

144,479

157,922

153,201

149,916

147,769

144,536

202,877

202,114

198,672

118,842

108,617

102,775

104,620

100,220

94,641

91,690

106,602

105,995

104,709

103,896

109,042

127,816

127,976

130,677

132,742

173,700

256,506

Noncontrolling interest

6,318

6,672

6,496

6,394

6,682

7,033

7,010

7,212

7,578

7,374

7,274

7,125

6,923

6,905

7,042

7,006

7,122

7,020

7,033

7,270

7,039

7,063

6,841

7,370

7,284

7,449

7,213

7,516

7,250

6,941

6,593

6,601

6,447

6,388

6,279

6,152

6,176

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

147,194

150,040

149,345

147,753

147,567

147,302

144,914

142,021

139,124

137,611

151,753

165,047

160,124

156,821

154,811

151,542

209,999

209,134

205,705

126,112

115,656

109,838

111,461

107,590

101,925

99,139

113,815

113,511

111,959

110,837

115,635

134,417

134,423

137,065

139,021

179,852

262,682

Total liabilities and equity

368,709

363,157

364,179

372,462

374,905

339,716

335,364

338,964

325,803

339,425

355,243

371,382

365,314

369,281

395,565

400,481

465,961

474,538

481,772

411,146

410,105

414,068

416,791

414,927

410,776

409,922

423,606

424,366

421,102

415,839

428,769

441,919

448,452

441,357

464,439

508,993

569,085