CHEMED CORPORATION CHE Balance Sheet

Chemed corporation (CHE)

Balance Sheet / TTM

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	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current assets
Cash and cash equivalents
28,951	6,158	9,066	3,323	8,768	4,831	67,459	12,668	13,686	11,121	18,871	13,753	47,049	15,310	21,285	17,474	15,235	14,727	38,450	32,705	28,335	14,132	18,562	27,913	39,479	84,418	83,204	113,047	72,956	69,531	69,296	59,966	34,214	38,081	21,342	50,941	59,745	49,917	137,457	109,080	112,416
Accounts receivable less allowances of $1,427 (2019 -$353)
134,695	143,827	114,480	136,113	119,575	119,504	108,999	119,206	111,332	113,651	91,483	117,906	109,726	132,021	86,006	98,952	143,040	106,262	123,665	119,116	145,757	124,607	132,340	92,152	116,152	91,770	80,117	76,356	127,220	93,333	101,152	81,811	110,656	77,924	112,721	118,281	92,912	112,999	105,686	101,736	53,461
Inventories
7,313	7,462	7,354	6,336	6,315	5,705	5,763	5,696	5,274	5,334	5,658	5,618	5,433	5,755	6,101	6,120	6,102	6,314	6,545	6,250	6,166	6,168	6,385	6,856	6,676	6,703	6,729	6,156	6,559	7,058	7,639	8,146	8,468	8,668	8,888	8,682	7,967	7,728	7,951	7,978	7,543
Current deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,769	-	25,101	19,322	14,816	13,659	14,118	13,226	13,725	12,540	14,850	14,052	13,352	15,098	14,650	14,453	13,701
Prepaid income taxes
5,917	10,074	10,745	12,951	5,349	10,646	6,039	19,666	16,160	29,848	3,621	4,537	1,663	3,709	5,069	8,964	3,258	10,653	3,299	3,474	1,279	2,787	3,488	4,001	3,406	3,690	3,538	4,911	2,159	2,643	3,044	4,187	637	2,131	764	1,300	-	770	337	351	749
Prepaid expenses
21,939	23,150	26,150	21,455	19,148	19,154	17,610	16,205	15,047	16,092	15,678	14,678	12,102	13,105	14,498	15,457	12,306	12,852	11,493	12,069	10,023	11,456	13,420	21,119	18,930	17,818	17,684	13,518	12,539	11,447	9,855	10,737	9,576	11,409	10,031	10,344	9,538	10,285	9,925	10,423	10,388
Total current assets
198,815	190,671	167,795	180,178	159,155	159,840	205,870	173,441	161,499	176,046	135,311	156,492	175,973	169,900	132,959	146,967	179,941	150,808	200,775	190,046	208,486	174,564	188,738	165,500	198,412	224,656	216,373	233,310	236,249	197,671	205,104	178,073	177,276	150,753	168,596	203,600	183,514	196,797	276,006	244,021	198,258
Investments of deferred compensation plans
72,296	77,446	73,714	70,460	70,632	65,624	70,237	67,573	66,163	62,067	60,445	58,579	56,596	54,389	55,158	53,127	49,195	49,481	49,951	51,940	52,075	49,147	47,780	47,314	45,732	42,465	40,683	40,583	39,144	36,089	35,053	33,215	35,055	31,629	31,339	33,066	31,897	28,304	26,022	26,282	24,158
Properties and equipment, at cost, less accumulated depreciation of $278,768 (2019 - $270,140)
183,729	175,763	172,932	149,917	164,629	162,033	154,434	145,903	144,706	143,034	143,148	140,209	119,394	121,302	119,994	118,502	119,331	117,370	111,221	107,556	104,796	105,336	101,845	97,206	93,575	92,955	89,800	90,229	90,374	91,934	90,135	88,571	88,579	82,951	83,484	81,471	79,146	79,292	78,982	78,437	75,358
Assets held for sale
-	-	-	15,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease right of use asset
112,302	111,652	103,286	90,755	87,811	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Identifiable intangible assets less accumulated amortization of $40,094 (2019 - $37,620)
124,219	126,370	129,276	67,511	67,868	68,253	56,649	55,250	55,163	54,865	54,793	54,737	54,976	55,065	55,067	54,928	55,018	55,111	55,834	55,979	55,901	56,027	56,158	56,288	56,276	56,556	56,979	57,348	56,798	57,177	57,507	57,635	57,941	58,262	55,983	56,358	56,061	57,858	56,097	56,620	57,920
Goodwill
577,236	577,367	576,600	510,627	510,598	510,570	483,281	478,202	477,964	476,887	473,024	472,897	472,391	472,366	472,418	472,471	472,438	472,322	472,407	472,546	466,576	466,722	466,844	466,867	466,961	466,871	466,940	466,271	465,734	465,832	465,861	461,965	461,064	460,633	460,747	460,793	458,434	458,343	450,095	450,105	450,042
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	21,893	20,593	-	-	-	-	-	-	17,323	16,432	16,926	15,414	14,543	13,459	-	20,257	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
8,962	9,048	8,982	8,874	9,138	9,209	8,653	7,845	7,161	7,127	6,845	6,767	6,901	7,037	6,880	6,960	6,996	7,233	7,450	7,216	7,843	8,136	8,143	8,420	7,664	10,198	10,765	11,137	11,110	10,923	11,127	11,669	11,568	11,677	14,907	15,325	13,676	9,567	11,190	10,498	13,734
Total Assets
1,277,559	1,268,317	1,232,585	1,094,072	1,069,831	975,529	979,124	928,214	912,656	920,026	895,459	910,274	886,231	880,059	842,476	852,955	882,919	852,325	897,638	885,283	895,677	859,932	869,508	841,595	868,620	893,701	881,540	898,878	899,409	859,626	864,787	831,128	831,483	795,905	815,056	850,613	822,728	830,161	898,392	865,963	819,470
LIABILITIES
Current liabilities
Accounts payable
37,838	51,101	44,027	51,143	39,737	50,150	36,977	48,236	42,639	48,372	34,752	49,154	29,341	39,586	42,844	41,962	50,721	43,695	52,468	39,327	43,618	46,849	57,067	35,013	38,599	41,758	44,523	35,921	48,496	48,472	44,056	51,002	52,999	48,225	59,186	39,459	38,249	55,829	52,552	49,131	52,071
Current portion of long-term debt (Note 3)
-	-	-	-	-	-	-	-	10,000	10,000	10,000	10,000	9,375	8,750	8,125	7,500	18,000	7,500	7,500	7,500	6,875	6,250	20,425	5,000	185,825	183,564	181,340	179,154	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	3,922	-	-	-	-	-	12,349	3,815	12,614	-	-	-	11,129	-	736	20	13,033	5,818	4,608	6,029	3,967	111	5,529	4,561	12,912	4,938	1,496	167	13,334	90	8,267	2,096	8,250	1,161	4,575	4,783	63
Accrued insurance
56,480	50,328	47,726	46,912	48,477	46,095	43,503	42,826	48,303	46,968	44,584	44,905	54,150	47,960	46,233	44,704	45,628	43,972	42,356	42,589	42,498	40,814	39,927	40,164	39,391	41,859	41,737	42,616	43,041	40,654	39,518	36,786	37,305	37,147	35,655	35,143	35,511	36,492	34,320	34,729	35,161
Accrued compensation
63,622	70,814	75,208	50,123	52,526	63,329	70,687	49,372	49,685	62,933	53,857	48,082	37,382	53,979	48,391	51,289	43,844	52,817	59,533	48,909	43,578	50,718	50,412	42,527	38,233	48,323	46,689	42,156	38,552	45,457	44,117	39,729	35,834	41,087	40,376	43,633	39,469	39,719	45,183	41,613	34,662
Accrued legal
7,114	6,941	7,283	8,431	8,163	1,857	1,423	823	1,643	1,786	91,450	92,502	2,471	1,805	1,495	1,729	2,819	1,233	1,698	1,815	1,115	753	685	7,429	7,154	23,210	-	-	-	1,161	-	-	-	-	-	-	-	-	-	-	-
Short-term lease liability
36,252	39,280	33,761	31,614	30,699	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current liabilities
45,431	43,756	43,496	35,446	33,576	30,239	27,608	25,159	25,027	23,463	22,382	20,142	19,050	19,752	20,369	20,267	19,416	22,119	22,472	21,752	20,853	24,352	24,131	20,511	24,682	25,161	56,536	33,840	17,917	16,140	18,494	14,906	15,724	18,851	17,308	14,972	14,457	16,141	15,637	11,669	14,127
Total current liabilities
246,737	262,220	251,501	223,669	217,100	191,670	180,198	166,416	177,297	193,522	269,374	268,600	164,383	171,832	167,457	167,451	191,557	171,336	186,763	161,912	171,570	175,554	197,255	156,673	337,851	363,986	376,354	338,248	160,918	156,822	147,681	142,590	155,196	145,400	160,792	135,303	135,936	149,342	152,267	141,925	136,084
Deferred income taxes
20,681	18,504	15,512	18,828	18,108	21,598	15,293	18,811	13,832	16,640	-	-	11,875	14,291	15,586	16,832	16,861	21,041	29,370	28,280	28,794	29,945	27,853	27,270	28,232	27,301	27,454	27,981	28,155	27,662	24,264	25,257	27,256	29,463	23,262	24,053	24,164	25,085	23,045	24,353	25,924
Long-term debt
160,000	90,000	130,000	85,000	100,000	89,200	130,000	103,400	132,500	91,200	72,500	115,000	137,500	100,000	102,500	140,000	126,875	83,750	130,625	152,500	154,375	141,250	153,125	155,000	-	-	-	-	177,004	174,890	172,812	170,769	168,759	166,784	164,841	162,932	161,054	159,208	157,392	155,608	152,127
Deferred compensation liabilities
70,363	76,446	73,335	70,273	70,934	64,616	68,492	66,154	65,289	61,800	59,389	57,811	56,024	54,288	54,455	52,452	49,188	49,467	49,282	52,051	51,407	48,684	47,736	46,917	45,498	42,348	39,406	39,660	38,481	35,599	34,626	33,149	34,186	30,693	30,267	32,255	31,437	27,851	25,508	25,374	23,637
Long-term lease liability
88,278	86,656	82,012	69,979	67,960	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
7,899	7,883	7,845	7,754	7,719	17,111	16,988	17,042	16,779	16,510	16,494	15,780	15,805	15,549	15,276	14,638	13,617	13,478	13,022	12,742	12,989	13,143	11,108	11,251	11,106	11,176	11,499	11,702	11,762	11,362	10,779	11,918	11,629	9,881	9,559	6,736	6,267	6,626	6,624	5,736	4,536
Total Liabilities
593,958	541,709	560,205	475,503	481,821	384,195	410,971	371,823	405,697	379,672	417,757	457,191	385,587	355,960	355,274	391,373	398,098	339,072	409,062	407,485	419,135	408,576	437,077	397,111	422,687	444,811	454,713	417,591	416,320	406,335	390,162	383,683	397,026	382,221	388,721	361,279	358,858	368,112	364,836	352,996	342,308
Commitments and contingencies (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	-	-	-
STOCKHOLDERS' EQUITY
Capital stock - authorized 80,000,000 shares $1 par; issued 35,911,724 shares (2019 - 35,810,528 shares)
35,912	35,811	35,738	35,591	35,521	35,311	35,211	35,141	34,885	34,732	34,514	34,470	34,404	34,270	34,174	34,105	34,076	33,985	33,816	33,620	33,516	33,337	33,199	32,980	32,621	32,245	32,086	32,075	31,957	31,589	31,451	31,142	31,063	30,937	30,913	30,907	30,709	30,382	30,207	30,202	29,891
Paid-in capital
878,550	860,671	841,837	817,255	803,701	774,358	755,263	744,228	712,991	695,797	668,573	661,553	651,269	639,703	625,961	617,793	610,219	603,006	581,342	562,654	553,565	538,845	528,973	511,794	504,883	481,011	469,934	466,980	457,790	437,364	428,232	410,957	404,546	398,094	394,822	391,507	379,167	365,007	354,473	351,672	335,890
Retained earnings
1,476,151	1,425,752	1,365,303	1,311,446	1,265,485	1,225,617	1,175,949	1,129,289	1,078,690	1,038,955	988,895	957,941	983,742	958,149	930,184	907,531	886,604	865,845	839,979	815,229	791,970	771,176	745,077	724,295	703,385	686,114	666,894	653,146	641,946	623,035	599,680	582,316	564,130	546,757	524,197	505,736	488,439	473,316	453,886	436,098	403,366
Treasury stock - 20,116,345 shares (2019 - 19,867,220 shares)
1,709,390	1,597,940	1,572,844	1,548,138	1,519,077	1,446,296	1,400,577	1,354,538	1,321,843	1,231,332	1,216,509	1,203,077	1,170,933	1,110,536	1,105,620	1,100,314	1,048,509	991,978	968,946	936,056	904,825	894,285	877,067	826,802	797,141	752,634	744,210	673,008	650,668	640,732	586,744	579,013	567,279	564,091	525,555	440,809	436,427	408,615	306,977	307,003	293,941
Deferred compensation payable in Company stock
2,378	2,314	2,346	2,415	2,380	2,344	2,307	2,271	2,236	2,202	2,229	2,196	2,162	2,513	2,503	2,467	2,431	2,395	2,385	2,351	2,316	2,283	2,249	2,217	2,185	2,154	2,123	2,094	2,064	2,035	2,006	2,043	1,997	1,987	1,958	1,993	1,982	1,959	1,967	1,998	1,956
Total Stockholders' Equity
683,601	726,608	672,380	618,569	588,010	591,334	568,153	556,391	506,959	540,354	477,702	453,083	500,644	524,099	487,202	461,582	484,821	513,253	488,576	477,798	476,542	451,356	432,431	444,484	445,933	448,890	426,827	481,287	483,089	453,291	474,625	447,445	434,457	413,684	426,335	489,334	463,870	462,049	533,556	512,967	477,162
Total Liabilities and Stockholders' Equity
1,277,559	1,268,317	1,232,585	1,094,072	1,069,831	975,529	979,124	928,214	912,656	920,026	895,459	910,274	886,231	880,059	842,476	852,955	882,919	852,325	897,638	885,283	895,677	859,932	869,508	841,595	868,620	893,701	881,540	898,878	899,409	859,626	864,787	831,128	831,483	795,905	815,056	850,613	822,728	830,161	898,392	865,963	819,470