Cpi aerostructures inc (CVU)
Balance Sheet / Yearly
Sep'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

468

752

617

4,128

828

1,032

283

1,430

711

1,115

430

1,039

665

813

824

1,002

1,893

788

838

1,504

831

969

973

2,166

840

447

1,260

2,709

1,072

3,604

530

878

353

669

823

Restricted cash

2,000

2,000

2,000

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $275,000 as of September 30, 2019 and December 31, 2018

10,284

8,399

6,583

8,623

6,364

5,390

3,984

5,379

4,743

6,340

8,176

8,514

9,004

9,711

9,739

7,665

8,728

7,570

8,716

6,466

8,902

12,082

8,108

4,392

13,317

11,218

10,908

6,774

8,858

8,719

8,209

4,285

9,187

4,445

6,152

Contract assets

121,458

120,254

120,749

113,333

113,167

-

-

111,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

10,404

11,956

11,090

9,711

-

-

-

1,685

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets

-

-

-

-

-

115,180

114,023

-

108,377

101,692

101,929

99,578

95,743

93,990

92,884

102,622

96,537

90,182

82,916

79,054

77,791

73,560

119,205

112,597

111,766

111,303

110,011

108,909

96,208

88,717

82,583

79,126

65,466

60,881

47,165

Refundable income taxes

435

435

435

435

-

-

-

-

-

-

-

-

-

-

-

-

0

341

8,480

8,138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

966

1,118

1,205

1,972

2,330

2,697

2,363

727

2,470

2,495

2,732

2,155

2,655

1,359

1,264

1,065

909

1,002

957

828

844

842

737

609

645

567

605

426

397

681

450

662

686

619

606

Total current assets

146,016

144,916

142,681

140,204

122,691

124,300

120,654

120,382

116,303

111,643

113,269

111,288

108,069

105,874

104,713

112,355

110,171

101,674

103,617

95,992

88,785

87,872

129,442

120,181

127,096

124,063

123,312

119,354

106,794

101,979

92,031

85,209

75,694

66,615

54,747

Operating lease right-of-use assets

4,259

4,626

4,927

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

3,137

3,362

3,533

2,545

2,696

2,581

2,049

2,046

2,016

2,081

2,175

2,298

2,362

2,296

2,486

2,358

2,374

2,564

2,747

2,755

2,806

2,803

2,730

2,849

2,990

3,116

3,038

2,907

2,956

3,079

2,990

2,629

1,819

1,275

881

Refundable income taxes

-

-

-

435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

488

486

279

685

811

1,161

1,566

2,143

2,797

3,232

3,952

5,351

6,297

7,305

1,890

1,439

2,566

3,199

-

14,196

15,761

1,025

1,133

1,009

1,002

1,008

1,001

1,159

1,162

1,155

1,105

889

941

668

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,102

1,788

1,708

4,549

417

417

417

417

526

526

526

534

257

257

257

257

-

-

0

Other assets

207

230

229

249

286

156

172

188

204

220

236

252

204

213

223

108

108

108

108

108

108

108

108

108

108

108

108

1,620

108

108

108

112

112

29

159

Total assets

153,621

153,624

151,858

143,713

126,359

127,848

124,038

124,184

120,667

116,742

118,913

117,791

115,987

114,681

114,728

116,712

114,092

106,913

109,671

103,404

105,896

106,545

133,306

124,272

131,203

128,290

127,467

124,883

111,017

106,328

96,284

89,056

78,515

68,861

56,457

LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable

10,892

11,540

12,364

9,902

10,431

12,248

11,810

15,129

13,170

9,126

11,750

14,027

13,704

12,660

14,925

18,379

14,174

10,884

9,204

8,928

8,361

7,226

7,733

7,614

7,299

7,444

8,426

13,286

8,897

9,211

11,721

11,998

10,548

8,308

8,267

Accrued expenses

1,458

927

1,089

1,558

1,262

1,173

1,983

1,911

1,347

1,314

1,050

1,386

1,056

1,119

1,143

1,057

1,285

1,210

978

1,061

554

539

499

654

244

291

167

943

405

225

211

994

362

259

301

Contract liabilities

1,823

3,488

3,496

3,805

464

583

281

246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

413

922

321

115

830

378

71

175

113

97

123

193

208

-

-

276

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

343

179

-

469

420

310

656

-

-

-

116

-

-

-

Current portion of long-term debt

2,499

2,507

2,506

2,434

2,435

2,370

2,135

2,009

1,863

1,745

1,585

1,341

1,092

795

641

1,011

999

1,004

1,001

971

973

976

993

1,020

1,041

1,069

1,083

1,100

1,724

1,749

1,694

887

882

819

685

Operating lease liabilities

1,673

1,637

1,593

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract loss

-

-

-

-

-

-

-

-

280

489

904

1,377

2,032

3,540

5,159

549

990

1,741

607

396

1,528

2,627

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

26,738

25,738

23,738

24,038

27,538

27,338

24,838

22,838

23,438

24,238

24,938

22,438

21,938

22,438

20,738

23,700

24,700

22,500

29,150

25,150

28,350

29,850

28,850

21,350

31,450

29,950

29,950

23,450

16,600

14,600

17,600

16,100

12,600

7,800

800

Income tax payable

-

453

253

115

-

-

-

109

6

6

6

6

24

23

23

189

182

19

21

6

-

0

512

736

235

354

301

106

1,723

3,653

2,630

2,802

1,670

1,023

134

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153

178

128

-

89

89

89

89

100

100

100

102

125

125

125

125

182

182

182

Total current liabilities

45,085

46,294

45,042

41,854

42,132

43,714

41,049

42,244

40,520

37,843

40,557

40,692

40,680

40,957

42,704

45,062

42,598

37,635

41,214

36,707

40,066

41,652

38,857

31,741

40,840

39,630

40,339

39,645

29,475

29,564

33,982

33,023

26,246

18,393

10,370

Long-term operating lease liabilities

3,033

3,464

3,837

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of current portion

2,371

2,981

3,601

3,876

5,667

6,220

6,479

7,019

7,433

7,963

8,452

8,860

9,296

9,532

9,809

483

625

870

1,102

1,289

1,531

1,777

1,952

2,198

2,444

2,684

2,945

3,209

3,581

4,000

4,351

889

1,029

1,009

1,190

Deferred income taxes

2,964

2,638

4,028

4,028

-

-

-

-

-

-

-

-

-

-

-

-

459

531

622

-

788

788

788

788

852

852

852

867

660

660

660

660

-

-

0

Other liabilities

-

-

-

531

548

566

595

607

607

613

619

632

702

745

626

633

624

614

604

593

591

595

592

593

583

569

574

567

575

551

518

457

125

206

226

Total liabilities

53,455

55,378

56,510

50,290

48,349

50,501

48,124

49,871

48,562

46,420

49,630

50,186

50,678

51,234

53,140

46,180

44,307

39,650

43,543

38,591

42,977

44,812

42,189

35,321

44,719

43,735

44,711

44,289

34,293

34,776

39,512

35,030

26,246

19,608

11,786

Commitments

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

-

0

-

-

0

Shareholders' Equity:
Common stock - $.001 par value; authorized 50,000,000 shares, 11,839,065 and 11,718,246 shares, respectively, issued and outstanding

11

11

11

11

8

8

8

8

8

8

8

8

8

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock - $.001 par value; authorized 50,000,000 shares, 8,610,453 and 8,583,511 shares, respectively, issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

8

8

-

8

8

8

8

8

8

8

8

8

8

8

8

8

8

7

7

7

7

6

Additional paid-in capital

71,357

71,104

70,917

70,651

54,352

54,276

54,120

53,770

53,612

53,521

53,247

52,824

52,701

52,552

52,410

52,137

52,045

51,968

51,826

51,440

51,265

51,120

50,814

50,381

50,286

50,267

50,267

49,780

49,525

47,148

35,058

35,346

35,084

35,063

33,272

Retained earnings

28,796

27,129

24,418

22,760

23,648

23,062

21,805

20,548

18,491

16,795

16,030

14,781

12,646

10,959

9,169

18,389

17,737

15,291

14,301

13,373

11,656

10,619

40,311

38,582

36,212

34,301

32,517

30,845

27,245

24,450

21,754

19,834

17,161

15,356

12,417

Accumulated other comprehensive loss

-

-

-

-

-

-

-20

-14

-7

-4

-3

-9

-48

-73

0

-3

-5

-7

-8

-9

-11

-16

-17

-21

-23

-23

-37

-40

-55

-54

-47

-21

-28

-34

-45

Treasury stock, 0 and 133,257 shares, respectively of common stock (at cost)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,140

1,140

1,140

981

Total Shareholders' Equity

100,165

98,245

95,348

93,423

78,010

77,347

75,914

74,313

72,105

70,321

69,283

67,605

65,308

63,447

61,588

70,532

69,785

67,262

66,128

64,813

62,919

61,732

91,116

88,951

86,484

84,554

82,756

80,594

76,724

71,552

56,772

54,026

51,085

49,252

44,670

Total Liabilities and Shareholders' Equity

153,621

153,624

151,858

143,713

126,359

127,848

124,038

124,184

120,667

116,742

118,913

117,791

115,987

114,681

114,728

116,712

114,092

106,913

109,671

103,404

105,896

106,545

133,306

124,272

131,203

128,290

127,467

124,883

111,017

106,328

96,284

89,056

78,515

68,861

56,457