Centric brands inc. (CTRC)
Balance Sheet / Yearly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11Nov'10
ASSETS
Current assets
Cash and cash equivalents

18,986

14,298

25,218

29,519

3,514

5,029

4,331

8,250

2,792

6,305

4,038

6,476

4,424

8,368

11,351

1,966

1,937

368

828

1,080

1,054

964

424

349

785

16,015

14,943

14,057

13,426

12,778

11,533

12,316

12,690

11,641

6,410

Factored accounts receivable, net

-

-

-

-

-

-

-

-

-

-

-

16,703

-

-

-

4,917

7,741

8,518

20,129

20,870

11,105

28,168

26,838

27,500

13,744

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

18,197

24,667

26,373

27,910

21,490

18,067

24,513

22,246

23,732

16,982

22,723

3,522

22,345

14,339

19,981

1,836

526

142

1,408

1,596

1,279

10,809

4,829

4,104

3,419

1,515

2,876

2,482

812

1,436

1,557

1,998

1,542

1,846

2,374

Sold receivables, net

85,450

72,332

13,516

33,825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Royalties receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

547

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

443,303

416,210

294,243

342,952

33,567

31,330

33,921

31,733

38,004

30,623

28,490

23,977

29,849

26,759

27,395

15,353

12,919

15,350

48,579

58,124

25,354

58,133

58,240

54,060

22,751

33,655

30,931

30,511

31,318

31,892

30,185

27,548

23,262

24,891

30,245

Due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

215

550

612

-

38

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,322

5,786

1,509

1,509

6,065

3,114

3,114

3,114

3,114

3,051

3,051

3,051

3,051

2,644

2,644

2,644

2,644

3,225

3,225

Prepaid expenses and other current assets

83,437

84,700

76,641

48,378

5,157

7,111

6,170

4,832

5,170

5,465

3,708

4,249

2,607

1,976

1,708

1,351

563

1,512

2,081

1,697

1,212

1,390

2,708

4,889

1,914

710

1,328

1,007

641

594

589

971

769

1,559

1,092

Current portion of assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72,532

-

-

57,050

-

-

-

49,075

-

-

-

-

-

-

-

-

-

-

Total current assets

649,373

612,207

435,991

482,584

63,728

61,537

68,935

67,061

69,698

59,375

58,959

54,927

59,225

51,442

60,435

25,970

25,008

104,208

74,534

84,876

103,119

102,578

96,153

94,016

94,802

54,946

53,129

51,108

49,248

49,344

46,723

46,027

41,519

43,162

43,384

Property and equipment, net

91,478

93,503

92,763

93,044

7,281

7,690

8,120

8,417

9,287

9,651

10,170

10,620

12,897

13,003

13,505

13,406

381

1,832

4,580

4,870

2,897

5,856

6,463

6,884

4,696

6,637

6,562

6,627

6,683

5,901

5,529

5,421

5,464

5,515

5,721

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

665

4,663

4,663

4,663

-

4,179

4,179

Deferred financing and other costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,295

1,400

1,506

1,611

1,716

1,821

1,926

2,031

-

-

-

-

-

-

-

-

-

-

Goodwill

356,814

376,132

376,132

376,132

8,406

8,409

8,536

8,380

8,471

8,340

8,284

8,271

10,728

6,524

7,046

2,286

8,394

8,394

12,230

12,230

8,394

34,231

34,230

33,812

29,976

3,836

3,836

3,836

3,836

3,836

3,836

3,836

3,836

3,836

3,836

Intangible assets, net

838,690

858,714

878,055

897,470

87,195

87,954

89,162

89,332

90,414

90,669

91,199

91,886

91,758

84,965

85,648

39,823

42,037

55,022

79,606

80,190

56,773

81,358

81,943

82,527

59,110

24,000

24,000

24,000

24,000

24,000

24,000

24,000

24,000

24,000

24,000

Operating lease right-of-use assets

206,096

212,024

209,715

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

665

665

665

-

-

-

-

4,663

-

-

Other assets

12,222

12,031

9,320

9,725

2,255

2,207

1,914

484

515

514

467

467

493

477

726

1,374

438

778

1,102

1,135

958

1,677

1,817

1,850

1,540

1,734

1,300

1,446

1,592

1,654

1,800

656

680

547

349

Assets held for sale, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,197

-

-

-

30,868

-

-

-

-

-

-

-

-

-

-

Total assets

2,154,673

2,164,611

2,001,976

1,858,955

168,865

167,797

176,667

173,674

178,385

168,549

169,079

166,171

175,101

156,411

167,360

82,859

76,258

171,529

173,452

184,807

203,949

227,416

222,427

221,015

223,023

91,818

89,492

87,682

86,024

89,398

86,551

84,603

80,162

81,239

81,469

LIABILITIES AND EQUITY
Current liabilities
Accounts payable and accrued expenses

707,069

633,402

485,207

525,863

35,251

26,010

24,939

22,204

26,218

20,206

20,810

18,223

23,873

20,838

22,955

13,084

18,913

13,797

16,064

22,070

11,651

24,183

23,086

26,510

16,542

12,061

9,553

9,612

10,893

15,569

11,091

13,013

10,499

10,420

10,373

Current portion of operating lease liabilities

28,059

19,767

23,155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

28,219

24,187

18,929

11,287

3,438

3,750

2,813

16,507

2,188

1,875

1,875

1,250

1,063

875

375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash advances from customers

-

-

-

-

-

-

-

-

-

-

-

13,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facilities

46,360

125,411

40,000

315

-

-

-

-

13,565

13,436

13,308

1,707

12,777

-

-

-

4,235

19,587

20,820

23,772

31,338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of loan payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,160

23,741

15,406

17,673

-

-

-

-

-

-

-

-

-

-

Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,183

59,123

59,063

59,003

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Buy-out payable-short term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,668

3,277

3,277

3,277

3,277

3,186

3,133

3,099

3,072

3,033

3,046

3,023

-

-

-

-

-

-

-

Promissory tax note issued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,235

1,235

-

-

-

-

-

-

-

-

-

-

Liabilities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,860

-

-

11,680

-

-

-

9,894

-

-

-

-

-

-

-

-

-

-

Due to factor

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,398

2,798

1,908

1,402

2,712

5,975

4,147

3,265

4,561

4,972

Due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

195

95

188

199

357

438

333

Total current liabilities

809,707

802,767

567,291

537,465

38,689

29,760

27,752

38,711

41,971

35,517

35,993

34,317

37,713

21,713

24,222

14,251

24,816

101,704

99,284

108,182

116,949

54,529

49,960

46,250

48,416

18,492

15,397

14,543

12,490

18,376

17,254

17,359

14,121

15,419

15,678

Convertible notes

39,965

38,198

-

36,235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Buy-out payable-long term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

818

1,629

2,433

3,230

4,020

4,803

5,638

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

3,636

3,641

3,624

3,475

3,568

1,738

1,744

3,001

2,933

1,579

2,744

2,632

2,513

1,239

2,260

2,092

1,942

1,795

1,658

1,563

1,421

1,284

1,223

918

Line of credit

-

-

-

-

24,414

20,428

22,915

21,254

20,819

17,492

16,287

12,742

13,590

12,000

15,472

17,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes

-

-

37,310

-

14,866

14,521

14,189

13,866

13,549

13,242

12,947

12,660

12,452

12,251

11,946

-

27,469

26,762

26,078

25,409

24,733

24,079

23,449

31,085

27,912

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of current portion

1,197,636

1,195,850

1,195,904

1,195,297

42,309

43,173

44,035

44,896

45,444

45,991

46,538

47,218

47,445

47,694

48,254

-

-

-

-

-

-

58,944

58,944

58,884

58,840

-

-

-

-

-

-

-

-

-

-

Loan payable, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

1,986

-

4,093

5,355

7,308

6,650

12,880

13,416

11,054

11,074

10,378

9,723

10,904

-

11,131

18,373

27,690

27,690

17,765

17,420

17,420

16,202

16,202

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, net of current portion

186,680

200,565

193,782

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

131

127

1,012

6,581

3,732

3,790

3,924

3,554

3,591

3,609

3,619

-

81

81

469

-

81

393

643

643

643

250

250

250

250

-

-

-

-

-

-

-

-

-

-

Long-term liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,283

-

-

-

1,165

-

-

-

-

-

-

-

-

-

-

Total liabilities

2,234,119

2,237,507

1,997,285

1,775,578

128,103

117,027

120,123

128,931

138,254

129,267

126,438

121,647

125,300

107,086

114,742

35,318

65,235

148,976

156,696

164,857

162,952

158,784

154,284

157,617

157,254

24,772

22,292

22,123

14,285

20,034

18,817

18,780

15,405

16,642

16,596

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

0

Equity (Deficit)
Preferred members, liquidation preference of $0 and $32.7 million at December 31, 2016 and 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,798

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common members

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,743

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Series A convertible preferred stock, $0.10 par value: zero shares and 50,000 shares authorized, issued and outstanding at December 31, 2018 and 2017, respectively

-

-

-

-

-

-

-

5

-

-

-

5

5

5

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.10 par value: 100,000 shares authorized, 58,738 and 58,364 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively

5,873

5,873

5,857

5,836

1,413

1,408

1,360

1,349

1,333

1,332

1,330

1,324

1,309

1,239

1,239

-

7,094

7,082

7,069

7,069

6,984

6,979

6,954

6,948

6,890

6,884

6,843

6,832

6,732

6,721

6,665

6,655

6,550

-

6,415

Common stock, $0.10 par value: 100,000 shares authorized, 65,159 shares issued and 64,887 outstanding (2011) and 64,131 shares issued and 63,859 outstanding (2010)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,518

-

Additional paid-in capital

226,461

223,504

221,522

218,240

76,248

75,676

75,192

61,314

60,384

59,962

59,531

59,154

58,616

56,093

55,781

-

113,371

111,870

111,745

111,590

111,010

110,497

110,309

107,909

107,933

107,404

107,312

106,855

106,747

106,346

106,162

105,679

105,512

105,082

104,364

Accumulated other comprehensive (loss) income

-500

28

361

487

408

412

1,034

271

740

125

-137

-221

704

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-311,280

-302,301

-223,049

-141,186

-37,771

-27,190

-21,506

-18,196

-22,331

-22,142

-18,088

-15,738

-10,833

-8,012

-4,407

-

-106,007

-92,964

-98,623

-95,274

-73,679

-45,526

-45,802

-48,141

-45,963

-44,151

-43,864

-45,037

-38,649

-40,612

-42,002

-43,420

-44,214

-43,946

-42,849

Treasury stock, 834 shares (2015) and 524 shares (2014)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,435

3,435

3,435

3,435

3,318

3,318

3,318

3,318

3,091

3,091

3,091

3,091

3,091

3,091

3,091

3,091

3,091

3,057

3,057

Total equity (deficit)

-79,446

-72,896

4,691

83,377

40,762

50,770

56,544

44,743

40,131

39,282

42,641

44,524

49,801

49,325

52,618

47,541

11,023

22,553

16,756

19,950

40,997

68,632

68,143

63,398

65,769

67,046

67,200

65,559

71,739

69,364

67,734

65,823

64,757

64,597

64,873

Total liabilities and equity

2,154,673

2,164,611

2,001,976

1,858,955

168,865

167,797

176,667

173,674

178,385

168,549

169,079

166,171

175,101

156,411

167,360

82,859

76,258

171,529

173,452

184,807

203,949

227,416

222,427

221,015

223,023

91,818

89,492

87,682

86,024

89,398

86,551

84,603

80,162

81,239

81,469