Cumberland pharmaceuticals inc (CPIX)
Balance Sheet / Yearly
Dec'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

28,212

26,978

20,951

24,609

27,938

38,259

35,906

35,262

45,412

42,018

34,616

34,974

34,510

35,546

35,837

36,440

38,203

38,316

38,940

39,044

39,866

39,644

39,050

39,047

40,869

46,011

49,664

51,209

54,349

50,801

52,273

55,643

70,599

71,074

69,832

65,893

Marketable securities

0

-

-

-

8,290

-

-

-

4,672

-

-

-

15,622

-

-

-

14,564

-

-

-

14,841

-

-

-

14,019

-

-

-

16,686

-

-

-

0

-

-

-

Marketable securities

-

2,265

9,479

9,667

-

9,533

14,803

15,610

-

8,055

14,356

15,478

-

14,600

14,565

14,866

-

14,438

14,136

13,865

-

14,634

14,825

13,531

-

19,163

19,513

18,958

-

18,559

18,245

16,001

-

-

-

-

Accounts receivable, net of allowances

9,781

8,296

8,427

9,973

7,844

7,055

5,806

6,301

8,395

7,205

6,106

4,934

7,330

6,672

4,550

4,822

6,077

5,798

5,808

5,174

5,504

5,296

6,014

5,417

4,530

4,194

3,970

5,967

6,017

5,467

4,991

4,463

7,082

4,505

4,819

5,145

Inventories, net

9,411

9,864

10,648

11,259

12,078

6,426

7,345

6,661

6,737

5,857

5,554

5,646

5,371

4,983

4,921

4,073

4,270

4,206

4,795

4,634

5,600

6,130

6,996

7,422

5,722

5,435

6,094

5,992

6,218

7,511

7,316

6,005

5,774

6,874

7,453

7,683

Prepaid and other current assets

2,757

-

-

-

2,963

-

-

-

3,466

-

-

-

2,710

-

-

-

1,468

-

-

-

1,351

-

-

-

825

-

-

-

1,671

-

-

-

1,627

-

-

-

Prepaid and other current assets

-

1,992

2,425

2,456

-

2,351

2,786

2,987

-

2,945

2,659

2,507

-

5,160

4,117

4,719

-

4,962

4,519

4,826

-

4,444

3,744

3,847

-

3,465

3,197

3,892

-

4,451

3,430

4,169

-

3,423

2,238

1,336

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,651

-

-

-

2,711

-

-

-

2,290

-

-

-

2,223

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

978

Total current assets

50,163

49,397

51,932

57,966

59,116

63,626

66,647

66,823

68,684

66,082

63,293

63,542

65,545

66,962

63,992

64,922

64,583

67,722

68,200

67,545

70,814

70,149

70,632

69,266

68,679

78,270

82,441

86,020

87,232

86,791

86,257

86,283

87,308

85,878

84,343

81,038

Non-current inventories

15,554

15,329

15,840

15,862

15,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

747

743

737

744

771

539

550

566

528

474

495

538

464

482

505

558

536

541

568

685

651

731

726

809

880

975

1,055

1,153

1,188

1,120

1,100

1,054

1,119

1,198

1,195

1,220

Intangible assets, net

30,920

31,040

32,044

32,910

33,655

20,370

20,611

21,052

21,444

21,540

21,812

22,079

22,154

21,172

20,881

21,027

21,168

21,222

21,760

21,551

21,568

19,997

19,073

18,473

15,498

11,235

10,649

10,403

9,476

8,367

7,373

7,166

7,023

7,029

7,116

7,427

Goodwill

882

882

882

882

784

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

21

43

43

43

87

87

87

87

87

0

0

3,537

3,119

-

-

-

3,739

-

-

-

578

-

-

-

1,208

-

-

-

50

-

-

-

0

-

-

-

Operating lease right-of-use assets

2,960

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,265

Other assets

3,298

6,328

6,065

6,209

2,531

2,809

2,547

2,565

2,486

2,253

2,202

2,164

2,120

2,456

2,509

2,696

1,891

2,572

2,386

2,408

1,791

3,025

3,036

2,557

1,345

1,429

1,319

700

645

653

650

63

67

1,972

1,924

102

Total assets

104,549

103,765

107,546

114,617

112,693

87,432

90,444

91,094

93,232

90,351

87,802

91,861

93,404

91,074

87,888

89,205

91,918

92,059

92,916

92,189

95,405

93,904

93,468

91,106

87,613

91,911

95,465

98,277

98,593

96,933

95,380

94,568

95,518

96,078

94,581

92,054

LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,999

2,666

Accounts payable

11,912

8,226

9,539

9,292

11,093

8,447

10,065

8,518

8,979

7,921

6,411

7,269

8,036

6,658

3,667

4,067

2,877

4,126

4,110

3,371

3,242

3,205

4,220

4,724

2,035

2,272

3,094

3,427

2,790

4,228

2,936

2,304

1,513

3,280

2,302

2,124

Operating lease current liabilities

920

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

11,317

-

-

-

16,710

-

-

-

8,714

-

-

-

6,755

-

-

-

9,534

-

-

-

10,506

-

-

-

5,509

-

-

-

5,264

-

-

-

5,086

-

-

-

Other current liabilities

-

12,826

12,777

18,706

-

7,070

6,748

7,770

-

7,876

6,569

6,801

-

5,027

5,227

7,070

-

7,747

7,437

8,523

-

8,950

7,642

6,624

-

3,139

3,000

4,808

-

4,429

4,195

3,855

-

4,172

4,425

-

Other accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,436

Total current liabilities

24,150

21,052

22,317

27,998

27,804

15,518

16,814

16,289

17,694

15,798

12,981

14,070

14,792

11,685

8,895

11,138

12,411

11,874

11,548

11,894

13,749

12,155

11,863

11,349

7,545

5,411

6,094

8,235

8,055

8,658

7,132

6,159

6,599

7,453

10,727

9,227

Revolving line of credit

18,500

20,000

20,000

20,000

20,000

12,000

12,000

12,000

9,800

8,000

6,700

4,100

4,100

3,700

3,500

1,700

1,700

1,700

1,700

0

0

0

0

0

0

4,859

5,859

4,359

4,359

4,359

4,359

5,109

4,859

4,575

1,825

1,825

Operating Lease, Liability, Noncurrent

2,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, excluding current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,666

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

645

-

-

0

Other long-term liabilities

8,737

-

-

-

9,319

-

-

-

1,815

-

-

-

1,391

-

-

-

987

-

-

-

902

-

-

-

776

-

-

-

611

-

-

-

578

-

-

-

Other long-term liabilities

-

11,006

11,540

11,428

-

1,969

1,959

1,930

-

1,634

1,627

1,478

-

1,265

1,119

1,048

-

940

966

950

-

863

873

795

-

707

637

652

-

583

674

1,450

-

592

602

618

Total liabilities

53,464

52,058

53,857

59,426

57,123

29,487

30,774

30,220

29,310

25,433

21,309

19,649

20,283

16,651

13,514

13,887

15,099

14,515

14,214

12,845

14,652

13,018

12,736

12,145

8,321

10,978

12,592

13,248

13,027

13,601

12,166

12,719

12,683

12,621

13,155

14,338

Commitments and contingencies

-

-

-

-

-

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

Equity:
Shareholders’ equity:
Common stock – no par value; 100,000,000 shares authorized; 15,263,555 and 15,481,497 shares issued and outstanding as of December 31, 2019 and 2018, respectively

49,914

-

-

-

51,098

-

-

-

52,410

-

-

-

54,643

-

-

-

57,338

-

-

-

61,942

-

-

-

63,073

-

-

-

67,197

-

-

-

70,272

-

-

-

Common stock—no par value; 100,000,000 shares authorized; 15,555,865 and 15,723,075 shares issued and outstanding as of June 30, 2018 and December 31, 2017, respectively

-

49,563

49,938

50,759

-

51,235

51,297

51,755

-

52,585

53,403

53,945

-

55,175

55,222

56,105

-

58,191

59,470

60,507

-

62,953

63,529

62,467

-

63,203

64,311

65,818

-

66,756

68,500

68,871

-

71,802

71,609

70,778

Retained earnings

1,208

2,169

4,122

4,672

4,746

6,966

8,609

9,329

11,709

12,509

13,252

18,413

18,604

19,354

19,248

19,296

19,549

19,398

19,270

18,864

18,818

18,149

17,403

16,680

16,394

17,894

18,714

19,353

18,499

16,693

14,824

13,079

12,656

11,744

9,897

6,998

Total shareholders’ equity

51,122

51,732

54,061

55,431

55,844

58,201

59,906

61,085

64,120

65,095

66,656

72,358

73,248

74,529

74,470

75,402

76,887

77,589

78,741

79,372

80,760

81,102

80,933

79,148

79,468

81,097

83,026

85,172

85,696

83,450

83,324

81,951

82,928

83,547

81,506

77,777

Noncontrolling interests

-37

-25

-372

-240

-274

-257

-236

-211

-198

-177

-163

-146

-127

-107

-96

-83

-68

-45

-39

-27

-7

-217

-200

-187

-176

-165

-153

-143

-129

-118

-110

-102

-93

-90

-81

-62

Total equity

51,085

51,706

53,688

55,190

55,570

57,944

59,670

60,874

63,921

64,918

66,493

72,212

73,120

74,422

74,374

75,318

76,819

77,544

78,701

79,344

80,752

80,885

80,732

78,960

79,291

80,932

82,873

85,029

85,566

83,331

83,213

81,848

82,835

83,457

81,425

77,715

Total liabilities and equity

104,549

103,765

107,546

114,617

112,693

87,432

90,444

91,094

93,232

90,351

87,802

91,861

93,404

91,074

87,888

89,205

91,918

92,059

92,916

92,189

95,405

93,904

93,468

91,106

87,613

91,911

95,465

98,277

98,593

96,933

95,380

94,568

95,518

96,078

94,581

92,054