Cbiz, inc. (CBZ)
Balance Sheet / Yearly
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

216,942

567

2,723

2,628

2,143

640

3,493

1,921

295

424

1,278

1,161

2,424

3,494

514

8,492

1,561

850

1,840

2,250

128

979

397

3,948

4,407

771

3,553

1,187

204

899

454

3,069

3,189

1,613

533

211

724

Restricted cash

28,927

29,595

35,739

30,126

27,721

27,481

32,551

39,535

29,773

32,985

32,104

34,924

26,651

27,880

33,015

31,859

26,095

24,860

25,606

34,743

25,608

28,293

24,780

23,190

22,173

22,112

24,963

28,219

23,046

19,627

20,653

21,770

18,023

19,838

20,504

19,911

20,171

Accounts receivable, net

263,180

222,031

260,969

271,781

264,434

207,287

234,906

245,639

261,336

188,300

213,418

218,317

220,859

175,354

194,419

193,155

197,248

153,608

175,755

177,228

188,484

143,048

179,790

179,122

184,452

138,063

161,715

161,402

193,218

134,979

166,633

164,083

179,834

137,073

158,312

155,663

138,068

Income taxes refundable/receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

966

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,898

0

0

3,684

Notes receivable - current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

636

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,796

5,951

5,575

5,273

3,638

5,676

6,246

6,775

4,640

8,092

12,138

9,934

7,862

9,044

9,652

8,910

8,056

9,770

9,780

4,236

Other current assets

24,540

24,325

25,020

26,060

24,784

26,841

26,576

27,873

24,503

23,352

23,004

25,489

24,024

21,407

21,705

18,701

16,747

15,903

13,375

14,496

14,950

15,292

12,842

14,184

14,790

14,299

12,236

12,978

8,249

10,934

9,935

10,723

11,596

11,438

8,434

10,375

11,958

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,682

4,897

5,748

5,229

876

40

860

7,849

24

102,087

240

105,126

281

505

525

559

626

819

640

Current assets before funds held for clients

533,589

276,518

324,451

330,595

319,082

262,249

297,526

314,968

315,907

245,061

269,804

279,891

273,958

228,135

249,653

252,207

241,651

200,983

226,209

239,189

240,827

196,479

224,361

226,730

233,457

187,734

210,583

318,011

234,891

279,427

207,000

209,802

222,077

182,475

198,179

196,759

179,481

Funds held for clients

141,984

179,502

123,448

127,420

138,779

161,289

126,311

131,304

147,655

203,112

134,051

148,704

158,676

213,457

133,679

205,867

151,119

171,497

110,023

112,881

125,594

182,847

110,110

101,703

126,787

164,389

103,645

116,370

143,990

154,447

86,778

83,846

105,685

109,854

77,527

99,239

73,987

Total current assets

675,573

456,020

447,899

458,015

457,861

423,538

423,837

446,272

463,562

448,173

403,855

428,595

432,634

441,592

383,332

458,074

392,770

372,480

336,232

352,070

366,421

379,326

334,471

328,433

360,244

352,123

314,228

434,381

378,881

433,874

293,778

293,648

327,762

292,329

275,706

295,998

253,468

Non-current assets:
Property and equipment, net

39,899

39,412

38,118

36,848

37,328

34,205

31,400

28,649

27,318

26,081

24,446

23,728

19,945

19,450

19,360

19,727

19,729

20,162

20,370

20,859

19,996

18,475

19,065

19,045

19,532

18,955

18,487

18,210

20,634

17,783

20,356

20,854

20,446

21,802

22,899

21,500

23,895

Goodwill and other intangible assets, net

666,112

654,671

658,442

632,425

635,881

637,009

636,202

640,312

631,956

613,206

615,316

618,846

582,404

584,401

575,851

573,022

534,886

535,653

528,173

530,409

533,118

526,462

505,633

498,972

491,908

467,648

470,909

474,981

547,100

469,571

472,345

465,463

465,916

458,340

443,464

417,270

426,410

Assets of deferred compensation plan

92,613

106,851

100,529

100,365

95,983

84,400

93,310

89,987

86,581

85,589

81,720

76,251

72,890

69,912

70,768

68,040

65,767

64,245

61,138

64,435

64,267

60,290

57,690

57,756

54,958

51,953

47,922

44,964

43,965

39,779

39,355

37,405

37,735

33,585

31,274

35,516

33,361

Operating lease right-of-use asset, net

138,485

140,831

148,870

145,303

145,574

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable

-

-

-

-

-

-

904

906

909

-

1,185

1,198

1,213

1,227

1,765

1,783

1,798

1,760

2,405

2,506

2,705

2,714

-

-

-

2,795

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes - non-current, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

-

-

-

621

-

-

-

-

0

0

837

Funds held for clients - non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,936

10,216

Other non-current assets

3,876

2,989

3,205

3,967

4,692

3,844

4,203

3,998

4,027

3,182

2,166

2,048

2,101

2,006

1,869

1,908

1,960

2,031

3,689

4,260

4,526

3,977

7,619

6,672

5,789

3,442

7,238

7,693

8,096

8,563

5,646

5,468

5,877

6,301

6,729

7,558

8,112

Total non-current assets

940,985

944,754

949,164

918,908

919,458

759,493

766,019

763,852

750,791

728,058

724,833

722,071

678,553

676,996

669,613

664,480

624,140

623,851

-

-

-

611,918

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

1,616,558

1,400,774

1,397,063

1,376,923

1,377,319

1,183,031

1,189,856

1,210,124

1,214,353

1,176,231

1,128,688

1,150,666

1,111,187

1,118,588

1,052,945

1,122,554

1,016,910

996,331

952,007

974,539

991,033

991,244

924,478

910,878

932,431

897,458

858,784

980,229

998,676

970,191

831,480

822,838

857,736

812,357

780,072

781,778

756,299

LIABILITIES
Current liabilities:
Accounts payable

62,329

68,510

63,725

87,668

61,541

58,630

57,764

80,823

63,157

51,375

47,576

62,013

47,057

45,772

42,526

54,823

36,550

35,555

35,065

48,572

38,082

36,781

38,029

44,493

34,697

37,291

33,667

40,766

37,823

35,384

39,848

46,709

35,810

34,960

29,853

28,778

30,814

Income taxes payable

13,089

57

7,104

7,307

13,864

464

6,304

6,987

13,586

-

10,470

6,946

18,128

1,048

8,175

5,950

12,339

-

9,119

6,985

14,128

2,384

6,340

4,951

12,161

25

38,702

8,612

13,422

1,372

5,689

6,623

10,233

-

4,363

7,238

-

Accrued personnel costs

29,809

59,898

54,830

42,251

33,975

63,953

55,038

42,750

30,790

45,264

38,495

36,265

26,421

45,221

39,471

32,995

24,101

39,611

36,529

30,133

23,829

39,878

39,200

30,471

22,514

37,728

36,275

30,168

26,482

34,855

36,861

30,795

26,368

33,658

36,126

30,906

33,030

Notes payable

-

-

-

-

-

-

1,523

1,632

1,743

-

1,628

1,210

1,015

1,060

636

411

411

-

-

-

297

760

-

374

754

1,602

5,127

4,875

5,629

5,464

848

1,222

1,222

13,986

644

252

10,983

Convertible notes, net - current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,817

-

-

-

-

-

-

-

-

-

-

0

0

39,250

Contingent purchase price liability

17,514

16,193

15,839

18,824

21,737

22,538

21,136

27,344

16,293

15,151

15,237

18,396

14,382

16,322

16,166

16,594

14,169

12,855

15,218

17,750

16,782

16,692

18,269

13,801

13,112

12,243

15,583

14,456

12,581

12,844

14,041

-

-

13,646

-

-

-

Operating lease liability

28,652

29,030

29,513

29,100

28,647

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

15,817

13,218

15,937

12,460

12,492

13,656

12,735

13,587

14,118

18,874

14,937

16,604

11,713

16,169

11,352

13,925

12,744

11,714

13,434

12,160

13,742

13,434

14,304

13,105

16,569

12,767

17,571

19,785

19,307

14,880

20,853

31,177

32,612

19,933

28,816

23,949

27,321

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

431

1,278

1,131

1,303

239

194

250

1,950

193

11,553

170

14,181

178

185

187

199

267

433

562

Current liabilities before client fund obligations

167,210

186,906

186,948

197,610

172,256

159,241

154,500

173,123

139,687

130,664

128,343

141,434

118,716

125,592

118,326

124,698

100,314

99,735

109,796

116,878

107,991

111,232

116,381

124,206

100,057

103,606

147,118

130,215

115,414

118,980

118,318

116,711

106,432

116,382

100,069

91,556

141,960

Client fund obligations

142,219

179,020

123,133

127,126

138,866

162,073

127,297

132,289

148,654

203,582

134,119

148,814

159,053

213,855

133,057

205,094

150,563

171,318

109,536

113,007

125,583

183,936

110,164

101,596

126,752

164,311

103,539

116,338

143,597

154,119

86,333

83,620

105,425

109,800

77,551

103,536

87,362

Total current liabilities

309,429

365,926

310,081

324,736

311,122

321,314

281,797

305,412

288,341

334,246

262,462

290,248

277,769

339,447

251,383

329,792

250,877

271,053

219,332

229,885

233,574

295,168

226,545

225,802

226,809

267,917

250,657

246,553

259,011

273,099

204,651

200,331

211,857

226,182

177,620

195,092

229,322

Non-current liabilities:
Convertible notes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

750

750

49,123

48,817

97,165

96,569

95,974

109,939

125,992

125,256

124,520

123,810

123,100

122,416

121,732

121,073

120,414

119,778

119,143

118,530

116,577

Bank debt

383,000

105,500

160,000

159,000

182,000

135,500

167,100

180,200

214,700

178,500

206,000

210,600

212,700

191,400

219,600

235,500

233,900

205,800

151,000

153,000

146,800

107,400

108,000

81,200

91,400

48,500

40,000

204,000

223,000

208,900

146,000

149,200

178,400

145,000

159,600

149,000

118,900

Debt issuance costs

1,077

1,167

1,256

1,346

1,436

1,526

1,618

1,707

698

828

959

1,090

1,221

1,351

1,482

1,613

1,744

1,869

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term debt

381,923

104,333

158,744

157,654

180,564

133,974

165,482

178,493

214,002

177,672

205,041

209,510

211,479

190,049

218,118

233,887

232,906

204,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

-

-

-

-

-

-

1,480

1,653

1,824

-

1,797

1,696

1,443

1,721

1,318

1,383

1,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

3,185

3,053

3,681

3,603

3,524

3,402

3,596

4,574

4,555

4,454

4,628

4,612

4,539

4,426

4,331

4,259

4,190

4,084

4,487

4,492

4,276

4,166

3,813

4,865

5,123

6,154

6,097

4,280

4,169

4,009

4,166

4,667

4,584

4,441

4,780

5,527

5,285

Deferred income taxes, net

11,469

11,720

9,882

8,504

6,834

6,764

5,636

4,000

2,791

3,339

2,189

4,464

2,864

3,545

1,830

790

383

4,902

4,288

4,109

2,573

2,864

4,768

3,182

872

-

81

875

2,328

-

1,296

1,829

1,167

1,893

1,984

749

0

Deferred compensation plan obligations

92,613

106,851

100,529

100,365

95,983

84,400

93,310

89,987

86,581

85,589

81,720

76,251

72,890

69,912

70,768

68,040

65,767

64,245

61,138

64,435

64,267

60,290

57,690

57,756

54,958

51,953

47,922

44,964

43,965

39,779

39,355

37,405

37,735

33,585

31,274

35,516

33,361

Contingent purchase price liability

15,167

15,896

16,030

9,181

15,811

17,170

18,760

19,184

28,331

22,423

24,133

24,830

18,040

17,387

17,748

16,354

8,292

11,962

9,560

12,861

15,536

16,676

15,100

18,995

19,841

12,953

15,278

19,798

17,370

17,168

12,913

-

-

11,679

-

-

-

Operating lease liability

129,624

132,018

139,796

136,958

138,373

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

2,888

1,739

2,024

1,862

1,621

22,309

17,880

17,995

16,312

17,629

16,232

15,693

14,898

12,080

12,763

7,624

7,223

7,456

7,522

8,216

8,509

8,266

8,955

10,038

10,420

10,279

10,419

11,297

10,073

9,588

11,243

24,945

23,107

9,641

26,177

19,757

23,182

Total non-current liabilities

636,869

375,610

430,686

418,127

442,710

268,054

306,144

315,886

354,396

311,106

335,740

337,056

326,153

299,120

326,876

332,337

320,169

297,330

287,118

295,930

-

296,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

946,298

741,536

740,767

742,863

753,832

589,368

587,941

621,298

642,737

645,352

598,202

627,304

603,922

638,567

578,259

662,129

571,046

568,383

506,450

525,815

572,700

591,399

520,845

511,777

535,415

523,012

494,974

655,577

683,016

674,959

541,356

539,450

577,264

552,199

520,578

524,171

526,627

STOCKHOLDERS' EQUITY
Common stock

1,332

1,331

1,324

1,321

1,318

1,314

1,314

1,311

1,305

1,301

1,297

1,296

1,286

1,282

1,276

1,275

1,264

1,262

1,254

1,250

1,193

1,188

1,183

1,167

1,160

1,149

1,131

1,131

1,126

1,124

1,119

1,117

1,112

1,111

1,108

1,103

1,096

Additional paid in capital

719,616

714,704

706,450

700,800

696,226

692,398

690,140

686,983

679,208

675,504

670,577

668,542

660,086

655,629

648,847

645,462

637,220

634,626

650,337

645,740

608,470

604,284

599,093

593,543

589,713

580,576

566,037

563,646

562,840

560,810

556,890

554,254

553,254

551,205

547,936

543,168

539,389

Retained earnings

516,424

479,576

480,729

462,923

446,331

408,963

409,467

395,881

382,775

345,302

340,455

330,797

319,799

294,925

295,611

284,757

276,628

254,860

256,766

246,565

239,920

220,753

222,078

214,390

208,282

190,994

194,941

132,580

123,434

105,131

103,925

98,618

92,770

73,985

75,151

70,434

45,978

Treasury stock

565,180

535,693

531,356

530,262

520,088

508,530

499,167

495,455

491,604

491,046

481,572

476,986

473,582

471,311

470,124

469,995

468,304

462,167

462,167

444,182

430,693

425,685

418,027

409,371

401,423

397,548

397,548

371,890

371,080

371,080

371,080

369,818

365,965

365,364

363,843

356,499

355,851

Accumulated other comprehensive loss

-1,932

-680

-900

-700

-300

-482

161

106

-68

-182

-271

-287

-324

-504

-924

-1,074

-944

-633

-633

-649

-557

-695

-694

-628

-716

-725

-751

-815

-660

-753

-730

-783

-699

-779

-858

-599

-940

Total stockholders’ equity

670,260

659,238

656,296

634,060

623,487

593,663

601,915

588,826

571,616

530,879

530,486

523,362

507,265

480,021

474,686

460,425

445,864

427,948

445,557

448,724

418,333

399,845

403,633

399,101

397,016

374,446

363,810

324,652

315,660

295,232

290,124

283,388

280,472

260,158

259,494

257,607

229,672

Total liabilities and stockholders’ equity

1,616,558

1,400,774

1,397,063

1,376,923

1,377,319

1,183,031

1,189,856

1,210,124

1,214,353

1,176,231

1,128,688

1,150,666

1,111,187

1,118,588

1,052,945

1,122,554

1,016,910

996,331

952,007

974,539

991,033

991,244

924,478

910,878

932,431

897,458

858,784

980,229

998,676

970,191

831,480

822,838

857,736

812,357

780,072

781,778

756,299