Csg systems international, inc. (CSGS)
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

107,744

156,548

160,630

113,777

123,572

139,277

197,172

119,671

147,503

122,243

142,751

125,111

107,422

126,351

140,221

135,117

289,733

132,631

100,165

94,945

89,277

81,712

75,573

86,122

65,454

82,686

92,736

96,849

146,158

133,747

160,308

175,963

178,408

146,733

124,160

114,355

197,858

Short-term investments

23,500

26,100

11,300

17,700

18,333

23,603

2,130

66,693

74,595

139,117

115,796

119,843

130,450

150,147

125,917

151,615

95,497

108,305

99,605

99,098

80,617

120,088

107,886

103,461

117,558

128,151

101,162

92,445

26,545

35,574

24,461

20,099

10,147

12,097

14,439

19,995

17,692

Total cash, cash equivalents and short-term investments

131,273

182,657

171,967

131,451

141,905

162,880

199,302

186,364

222,098

261,360

258,547

244,954

237,872

276,498

266,138

286,732

385,230

240,936

199,770

194,043

169,894

201,800

183,459

189,583

183,012

210,837

193,898

189,294

172,703

169,321

184,769

196,062

188,555

158,830

138,599

134,350

215,550

Settlement assets

122,624

169,327

112,760

88,575

87,853

124,627

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable:
Billed, net of allowance of $3,888 and $3,735

260,713

244,058

242,616

265,795

244,936

235,827

246,731

239,913

213,051

219,531

201,837

197,486

195,311

208,930

201,610

178,914

181,650

178,854

177,347

172,269

180,096

184,369

191,024

191,615

195,736

178,511

174,757

172,521

179,093

191,943

174,137

163,392

170,909

179,804

157,276

166,436

155,005

Unbilled

35,557

33,450

37,451

39,275

40,432

37,227

36,847

38,832

35,426

31,187

34,688

37,353

40,191

30,828

33,934

34,518

39,236

41,110

46,795

47,216

44,281

42,439

39,513

39,592

39,541

38,365

41,347

43,367

34,766

28,463

28,847

28,683

27,791

30,981

36,205

37,617

30,803

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,844

7,478

10,086

13,204

8,691

11,445

9,398

15,085

14,095

16,116

15,828

22,244

19,758

19,675

18,654

19,982

17,752

18,224

13,852

Income taxes receivable

5,435

4,297

4,204

7,206

3,161

6,720

7,452

10,951

12,261

13,839

9,560

13,517

17,874

11,931

4,012

6,006

4,314

4,038

6,107

9,341

5,799

4,088

6,633

7,640

4,625

3,815

5,903

12,441

16,779

6,469

5,261

4,800

1,324

4,139

12,214

1,637

9,043

Other current assets

42,702

35,293

38,467

40,326

32,441

32,286

38,706

38,185

32,388

28,349

35,034

37,633

29,270

30,386

33,320

32,826

28,944

35,153

31,148

29,896

28,412

28,470

30,514

35,105

29,461

28,762

27,891

22,476

17,855

21,915

18,095

20,139

17,400

16,224

18,532

21,515

17,241

Total current assets

598,304

669,082

607,465

572,628

550,728

599,567

529,038

514,245

515,224

554,266

539,666

530,943

520,518

558,573

539,014

538,996

639,374

500,091

474,011

460,243

438,568

474,370

459,834

474,980

461,773

475,375

457,891

456,215

437,024

440,355

430,867

432,751

424,633

409,960

380,578

379,779

441,494

Non-current assets:
Property and equipment, net of depreciation of $97,700 and $98,029

80,754

84,429

84,230

84,354

85,895

81,813

78,265

75,040

59,553

44,651

37,822

36,343

36,418

33,116

30,618

32,748

34,290

35,992

34,840

36,962

36,991

38,326

36,762

35,711

33,681

35,061

34,674

35,173

37,211

39,429

38,243

37,741

37,292

41,154

46,098

51,046

52,257

Operating lease right-of-use assets

107,009

94,847

92,949

94,028

78,263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets

85,974

87,631

88,891

93,552

98,188

36,400

71,816

72,499

70,582

-

63,811

66,979

68,017

-

66,060

69,385

70,729

-

80,443

84,946

86,115

-

-

-

-

-

-

-

-

-

-

-

28,183

-

32,152

34,570

31,118

Software, net of amortization of $85,209 and $77,504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,861

46,434

43,287

-

41,099

39,036

36,969

38,372

31,727

28,638

-

29,966

-

-

-

Goodwill

262,833

259,164

253,050

256,890

258,512

255,816

210,697

210,605

222,915

210,080

210,023

206,634

202,750

201,094

206,887

209,662

216,911

219,724

222,086

226,040

219,666

225,269

230,798

236,788

234,362

233,599

231,235

227,546

226,309

233,365

233,803

219,933

222,124

220,013

208,987

200,443

209,164

Client contract costs, net of amortization of $34,644 and $31,526

51,967

50,746

42,902

39,724

37,420

37,289

35,584

35,527

38,357

-

-

-

-

-

-

-

-

-

-

-

-

-

45,699

49,436

52,064

-

61,187

67,467

68,750

75,303

85,777

88,100

94,359

98,403

102,920

108,310

116,328

Deferred income taxes

8,653

9,392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

9,822

10,442

10,821

11,087

11,011

12,303

13,844

14,057

14,251

13,455

12,328

14,218

14,239

12,025

12,470

17,462

7,453

8,478

9,169

8,890

9,654

7,950

8,958

7,447

5,475

3,312

2,586

2,596

1,998

2,320

1,681

1,008

1,329

9,446

9,677

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,179

1,230

1,282

-

2,170

1,833

1,846

1,930

2,299

169

409

1,291

-

-

-

-

-

-

-

Other assets

28,963

27,739

27,848

28,099

27,220

26,934

10,898

7,012

7,963

10,948

9,799

10,040

12,371

13,776

11,300

13,912

14,646

14,629

20,694

18,886

18,425

16,142

17,606

17,658

18,444

16,812

16,004

15,508

15,751

16,230

13,433

13,345

13,951

14,393

15,430

16,427

19,660

Total non-current assets

626,153

613,948

599,692

607,089

596,319

514,795

418,271

412,986

413,214

350,268

335,706

333,451

331,884

333,306

329,104

337,732

349,046

362,640

366,695

376,542

371,648

380,262

387,550

395,810

392,642

393,605

391,973

388,211

387,985

406,586

-

-

-

404,937

-

-

-

Total assets

1,224,457

1,283,030

1,207,157

1,179,717

1,147,047

1,114,362

947,309

927,231

928,438

904,534

875,372

864,394

852,402

891,879

868,118

876,728

988,420

862,731

840,706

836,785

810,216

854,632

847,384

870,790

854,415

868,980

849,864

844,426

825,009

846,941

835,848

822,828

822,223

814,897

787,494

800,021

879,698

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

11,250

10,313

9,375

8,438

7,500

7,500

7,500

7,500

7,500

22,500

20,625

18,750

16,875

49,426

47,123

53,603

114,355

148,868

7,500

146,394

7,500

22,500

20,625

18,750

16,875

15,000

15,000

15,000

15,000

15,000

20,500

18,000

20,500

27,000

17,500

16,000

69,528

Operating lease liabilities

22,085

22,442

22,888

22,279

18,737

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Client deposits

36,717

38,687

38,010

36,369

34,501

36,889

36,079

35,626

34,991

31,053

29,061

32,590

33,006

33,916

32,746

32,991

33,498

33,694

33,394

33,162

32,952

35,791

32,952

32,445

31,571

30,431

30,239

32,622

32,827

33,807

30,596

30,818

31,768

30,523

31,182

29,899

31,897

Trade accounts payable

37,960

32,704

39,534

44,874

40,792

45,386

39,054

37,316

35,536

38,420

31,686

29,982

31,803

35,118

25,348

26,660

28,938

43,392

37,859

31,978

31,224

37,052

31,082

36,306

31,994

33,376

33,211

35,623

32,764

30,473

33,145

30,450

28,512

27,198

27,140

28,206

25,381

Accrued employee compensation

46,448

77,527

68,343

51,434

51,474

61,107

56,578

44,498

46,027

62,984

60,346

50,314

48,716

65,341

58,941

57,909

43,479

59,607

47,576

50,372

40,858

51,441

40,163

42,974

36,802

58,434

48,622

44,536

35,093

61,083

45,397

39,881

31,188

42,005

32,941

35,097

53,372

Settlement liabilities

121,416

168,342

111,522

87,194

86,471

123,613

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

50,320

45,094

46,970

48,277

47,212

40,236

41,388

39,558

38,197

41,885

53,597

57,865

50,435

45,064

48,959

51,616

46,930

41,907

44,532

49,076

47,141

40,004

46,899

50,377

50,373

47,131

50,961

56,195

58,520

47,691

54,627

57,958

52,329

44,824

42,447

45,451

56,184

Income taxes payable

1,155

2,806

1,236

430

625

218

448

1,006

1,502

1,216

613

423

547

822

2,234

260

7,407

8,962

572

587

486

2,672

2,258

2,273

2,515

2,814

2,360

2,282

2,436

2,116

3,473

4,777

14,137

2,334

2,192

2,433

2,028

Other current liabilities

17,452

20,778

19,201

36,289

32,168

35,442

21,590

26,262

20,948

24,535

15,168

18,960

18,897

22,342

17,260

20,934

18,984

22,980

19,294

23,523

21,295

23,375

21,764

21,615

24,345

19,620

17,193

22,428

17,204

21,562

18,822

19,915

18,286

23,501

20,021

25,904

32,019

Total current liabilities

344,803

418,693

357,079

335,584

319,480

350,391

202,637

191,766

184,701

222,593

211,096

208,884

200,279

252,029

232,611

243,973

293,591

359,410

190,727

335,092

181,456

212,835

195,743

204,740

194,475

206,806

197,586

208,686

193,844

211,732

206,560

201,799

196,720

197,385

173,423

182,990

270,409

Non-current liabilities:
Long-term debt, net of unamortized discounts of $8,897 and $10,053

344,853

346,509

348,178

349,860

351,556

352,326

353,109

353,904

354,759

309,236

313,663

318,098

322,541

326,993

329,581

332,178

334,786

130,262

277,345

138,750

277,972

233,331

237,469

241,634

245,828

250,050

252,423

254,822

257,247

259,698

270,924

277,173

283,447

282,744

293,565

297,407

305,159

Operating lease liabilities

91,620

78,936

76,574

77,993

66,842

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

18,575

18,552

13,879

15,463

16,928

17,527

13,578

9,074

9,191

12,346

11,550

7,710

7,595

6,694

7,726

7,940

9,045

9,828

9,587

9,268

8,798

9,648

9,270

7,363

7,875

9,221

9,750

8,192

8,276

6,504

7,452

8,012

8,486

8,631

7,942

8,062

16,103

Income taxes payable

2,651

2,543

2,704

2,684

2,638

2,284

2,372

2,396

2,457

2,415

2,445

2,441

2,405

2,245

4,392

4,271

4,009

4,413

1,613

1,613

1,613

3,918

1,613

1,613

1,613

1,909

2,068

1,168

1,168

1,168

3,783

4,278

4,226

4,114

2,820

1,168

954

Deferred income taxes

15,786

6,376

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

12,822

11,204

8,798

8,205

5,881

9,162

8,412

4,584

98

100

3,643

99

19

50

4,036

182

14,591

11,375

18,588

20,446

15,116

17,653

18,894

20,274

18,364

22,973

21,172

21,674

21,374

23,194

24,534

28,188

26,227

23,709

33,247

Other non-current liabilities

19,338

14,759

13,885

12,605

13,295

22,605

11,313

11,069

10,843

10,614

11,668

12,035

12,208

12,618

12,828

13,143

12,166

12,791

12,935

13,024

14,751

15,821

14,921

14,957

14,451

14,616

15,126

15,033

16,645

19,526

18,225

17,689

19,618

19,121

17,958

19,353

16,748

Total non-current liabilities

492,823

467,675

468,042

469,809

460,057

402,947

386,253

385,605

385,662

339,195

339,424

340,384

348,392

348,649

354,546

357,582

364,042

157,476

316,071

174,030

321,722

283,164

278,389

283,220

288,661

296,070

297,731

302,188

304,508

308,570

321,758

330,346

340,311

342,798

348,512

349,699

372,211

Total liabilities

837,626

886,368

825,121

805,393

779,537

753,338

588,890

577,371

570,363

561,788

550,520

549,268

548,671

600,678

587,157

601,555

657,633

516,886

506,798

509,122

503,178

495,999

474,132

487,960

483,136

502,876

495,317

510,874

498,352

520,302

528,318

532,145

537,031

540,183

521,935

532,689

642,620

Current portion of long-term debt conversion obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

39,841

28,690

33,894

107,604

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, par value $.01 per share; 10,000 shares authorized; zero 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

Common stock, par value $.01 per share; 100,000 shares authorized; 33,075 and 32,891 shares outstanding

699

696

696

696

697

693

693

692

692

689

689

689

689

672

672

673

673

672

670

671

671

667

667

661

661

658

659

658

658

653

652

652

652

645

646

646

641

Common stock warrants; zero and 439 warrants vested; 950 and 1,425 issued

-

-

9,082

9,082

9,082

9,082

9,082

9,082

9,082

9,082

-

-

-

16,007

7,310

7,310

7,310

7,310

7,310

7,310

7,310

6,694

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

452,524

454,663

451,606

446,512

441,484

441,417

436,412

431,450

425,926

427,091

422,919

421,638

415,450

391,209

397,029

396,133

374,689

503,254

487,530

483,595

477,969

486,414

483,193

477,053

472,766

473,190

469,878

465,574

461,400

461,497

457,962

453,879

450,100

449,376

446,818

443,549

439,712

Treasury stock, at cost; 35,498 and 35,356 shares

874,225

867,817

862,917

858,186

851,650

842,360

831,585

826,066

820,434

814,732

809,748

804,650

799,605

826,002

823,963

823,963

823,963

814,437

804,437

804,437

804,437

757,478

743,608

738,372

738,372

738,372

738,372

738,244

734,754

728,243

728,243

725,521

720,083

714,893

712,625

704,963

704,963

Accumulated other comprehensive income (loss):
Unrealized gain (loss) on short-term investments, net of tax

-8

16

26

30

20

2

-7

-114

-182

-88

-5

-12

-115

-159

-6

560

814

-97

6

12

9

6

34

51

60

41

28

-53

2

3

3

1

1

1

2

5

4

Unrecognized pension plan losses and prior service costs, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,355

1,355

1,355

1,761

1,803

1,803

1,803

1,794

893

893

897

Unrecognized loss on change in fair value of interest rate swap contracts, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-98

-235

-388

-552

-658

-736

-716

-769

-618

-713

-420

-

Cumulative foreign currency translation adjustments

-54,603

-39,519

-49,805

-42,908

-39,090

-42,937

-37,364

-37,255

-21,024

-28,734

-30,040

-35,649

-40,874

-45,213

-36,721

-35,328

-27,390

-26,288

-23,753

-14,998

-22,921

-13,386

-4,511

5,749

2,578

1,674

-1,056

-7,415

-6,514

2,274

2,611

-3,480

1,293

-1,998

-377

7,186

868

Accumulated earnings

862,444

848,623

833,348

819,098

806,967

795,127

781,188

772,071

764,015

749,438

741,037

733,110

728,186

714,846

707,950

695,894

691,050

675,431

666,582

655,510

648,437

635,716

637,477

637,688

633,586

629,011

625,000

614,775

607,772

592,874

577,084

567,671

555,801

543,995

532,701

522,222

501,713

Total stockholders' equity

386,831

396,662

382,036

374,324

367,510

361,024

358,419

349,860

358,075

342,746

324,852

315,126

303,731

251,360

252,271

241,279

223,183

345,845

333,908

327,663

307,038

358,633

373,252

382,830

371,279

366,104

354,547

333,552

326,657

326,639

307,530

290,683

285,192

274,714

265,559

267,332

237,078

Total liabilities and stockholders' equity

1,224,457

1,283,030

1,207,157

1,179,717

1,147,047

1,114,362

947,309

927,231

928,438

904,534

875,372

864,394

852,402

891,879

868,118

876,728

988,420

862,731

840,706

836,785

810,216

854,632

847,384

870,790

854,415

868,980

849,864

844,426

825,009

846,941

835,848

822,828

822,223

814,897

787,494

800,021

879,698

Software
Intangible assets

30,645

32,526

31,335

33,322

35,274

36,400

31,953

30,926

30,894

26,906

27,014

28,890

29,451

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquired client contracts
Intangible assets

55,329

55,105

57,556

60,230

62,914

65,456

39,863

41,573

39,688

43,626

36,797

38,089

38,566

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-