Ducommun incorporated (DCO)
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

65,599

39,584

6,381

3,287

3,727

10,263

3,573

3,532

1,797

2,150

3,689

7,372

7,114

7,432

9,466

9,176

6,439

5,454

12,241

26,842

32,705

45,627

40,852

43,751

29,415

48,814

32,597

33,510

29,994

46,537

28,871

37,251

-

41,449

-

-

-

Restricted cash

-

-

361

757

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,212

-

19,376

31,350

10,268

Accounts receivable, net (allowance for credit losses of $1,418 and $1,321 at March 28, 2020 and December 31, 2019, respectively)

81,627

67,133

77,002

69,355

63,134

67,819

64,466

64,439

64,915

74,064

78,459

81,965

71,623

76,239

73,820

76,857

77,664

77,089

86,235

91,194

90,912

91,060

104,396

105,209

100,570

91,909

92,637

105,577

96,391

97,300

103,049

100,279

94,723

96,174

97,429

105,240

47,949

Contract assets

117,213

106,670

102,475

100,527

93,306

86,665

88,066

81,663

78,163

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,527

4,302

3,313

3,286

5,670

3,477

3,856

Inventories

119,751

112,482

109,848

109,327

103,994

101,125

101,752

95,244

85,932

122,161

137,157

129,398

127,201

119,896

129,769

127,589

127,080

115,404

137,317

138,014

141,443

142,842

145,468

142,201

148,895

140,507

148,524

147,826

148,462

148,318

162,465

159,303

157,292

154,503

168,161

161,784

72,597

Production cost of contracts

7,859

9,402

10,704

11,298

11,008

11,700

12,021

10,719

11,181

11,204

11,389

12,673

11,052

11,340

11,095

9,444

9,667

10,290

11,609

9,772

11,115

11,727

10,375

11,023

10,479

11,599

19,926

19,049

20,193

17,960

19,064

19,952

19,988

18,711

16,672

15,286

16,889

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,432

12,371

13,783

13,783

15,185

12,929

15,340

12,669

8,711

9,152

13,309

5,474

12,493

12,245

12,286

12,020

11,119

12,731

5,085

Other current assets

4,733

5,497

5,947

5,929

7,003

6,531

12,124

12,638

12,503

11,435

11,090

10,438

10,589

11,034

8,658

8,100

8,441

13,389

22,700

16,835

19,485

23,702

21,930

21,600

22,662

28,083

24,971

18,022

12,773

13,997

11,191

11,975

10,913

14,648

18,588

16,628

4,748

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

41,636

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Assets

396,782

340,768

312,718

300,480

282,172

284,082

282,002

268,235

254,491

221,014

241,784

241,846

227,579

225,941

232,808

231,166

229,291

263,262

282,534

295,028

309,443

328,741

338,206

336,713

327,361

333,581

327,366

333,136

321,122

329,586

340,660

345,307

329,727

340,791

337,015

346,496

161,392

Property and Equipment, Net of Accumulated Depreciation of $158,711 and $162,920 at March 28, 2020 and December 31, 2019, respectively

114,732

115,216

112,597

111,373

108,839

107,045

106,583

106,636

110,031

110,252

114,034

110,788

104,868

101,590

98,586

97,243

95,602

96,551

98,335

99,347

99,998

99,068

93,181

94,070

94,168

96,090

93,840

95,602

97,005

98,383

99,058

99,443

99,524

98,477

99,122

97,880

59,461

Operating Lease Right-of-Use Assets

18,519

19,105

18,602

19,148

18,398

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

170,890

170,917

136,057

136,057

136,057

136,057

135,769

136,051

117,435

117,435

117,435

82,554

82,554

82,554

82,554

82,554

82,554

82,554

157,569

157,569

157,569

157,569

157,569

157,569

157,569

157,569

157,569

157,569

157,569

161,940

161,940

161,940

163,845

163,845

216,314

216,897

100,442

Intangibles, Net

134,532

138,362

103,977

106,710

109,387

112,092

114,746

117,485

112,154

114,693

117,285

97,155

99,364

101,573

103,835

106,097

108,359

110,621

147,580

150,088

152,596

155,104

157,694

160,285

162,875

165,465

168,188

170,911

173,633

176,356

179,228

182,103

184,979

187,854

190,740

193,530

21,992

Non-Current Deferred Income Taxes

60

55

313

313

313

308

131

-

-

261

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred income taxes

-

-

-

-

-

-

-

130

147

-

286

286

286

286

212

282

353

324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Assets

6,322

6,006

5,290

5,514

5,543

5,155

3,334

3,356

3,311

3,098

3,025

3,143

3,320

3,485

2,987

2,957

3,215

3,769

6,383

7,938

6,321

7,117

7,657

8,660

9,320

9,940

11,779

12,310

13,217

13,824

14,365

15,842

16,369

17,120

17,638

18,116

2,165

Total Assets

841,837

790,429

689,554

679,595

660,709

644,739

642,565

631,893

597,569

566,753

593,849

535,772

517,971

515,429

520,982

520,299

519,374

557,081

692,401

709,970

725,927

747,599

754,307

757,297

751,293

762,645

758,742

769,528

762,546

780,089

795,251

804,635

794,444

808,087

860,829

872,919

345,452

Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,950

-

1,961

2,191

187

Accounts payable

76,970

82,597

78,310

79,279

68,785

69,274

73,534

71,660

65,042

51,907

68,509

71,659

63,313

57,024

60,173

51,049

47,418

40,343

50,852

55,313

58,577

58,979

55,083

53,749

53,973

58,111

49,668

50,864

50,481

52,578

57,599

55,799

57,155

60,675

59,708

73,439

39,925

Contract liabilities

27,878

14,517

11,850

13,183

15,030

17,145

15,108

15,164

15,723

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

28,048

37,620

37,701

33,349

28,986

37,786

31,929

25,813

22,469

28,329

29,799

25,814

28,092

29,279

30,510

35,921

42,496

36,458

43,434

41,901

41,659

52,066

46,787

51,562

43,452

50,122

43,620

53,047

45,101

50,184

45,208

50,914

42,056

53,823

59,271

58,113

31,174

Operating lease liabilities

3,049

2,956

2,915

2,858

2,536

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

7,000

7,000

2,281

2,281

2,330

2,330

-

-

-

0

0

0

0

3

5

12

19

26

2,215

27

27

26

26

26

25

25

3,029

3,033

3,038

3,042

33

1,941

-

1,960

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,780

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Current Liabilities

142,945

144,690

133,057

130,950

117,667

126,535

120,571

112,637

103,234

80,236

98,308

97,473

91,405

86,306

90,688

86,982

89,933

83,607

96,501

97,241

100,263

111,071

101,896

105,337

97,450

108,258

96,317

106,944

98,620

105,804

102,840

108,654

101,161

116,458

120,940

133,743

71,286

Long-Term Debt, Less Current Portion

343,625

300,887

222,600

225,605

229,125

228,868

229,402

231,159

209,710

216,055

222,394

169,627

162,156

166,896

176,618

186,317

186,032

240,661

257,820

265,012

280,019

290,026

310,157

317,664

325,171

332,677

340,184

347,690

355,196

362,702

380,730

389,317

389,795

390,280

390,773

391,164

3,093

Non-Current Operating Lease Liabilities

16,937

17,565

17,156

17,911

17,499

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Current Deferred Income Taxes

18,147

16,766

-

-

-

18,070

-

-

-

15,981

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred income taxes

-

-

18,107

18,175

18,211

-

19,427

19,947

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred income taxes

-

-

-

-

-

-

-

-

15,775

-

31,253

31,895

31,949

31,417

25,871

24,399

25,052

28,125

69,696

69,613

70,199

69,448

72,578

69,247

70,056

67,989

63,883

65,359

65,765

65,355

68,915

68,311

71,465

72,043

81,437

81,067

7,691

Other Long-Term Liabilities

17,756

17,721

14,855

14,724

14,429

14,441

17,608

18,149

21,543

18,898

17,245

17,837

18,179

18,707

16,763

17,175

17,692

18,954

18,913

19,583

19,938

20,484

16,558

17,156

18,622

19,450

21,797

22,600

22,939

23,553

23,815

24,993

24,709

25,022

10,688

11,844

9,197

Total Liabilities

539,410

497,629

405,775

407,365

396,931

387,914

387,008

381,892

350,262

331,170

369,200

316,832

303,689

303,326

309,940

314,873

318,709

371,347

442,930

451,449

470,419

491,029

501,189

509,404

511,299

528,374

522,181

542,593

542,520

557,414

576,300

591,275

587,130

603,803

603,838

617,818

91,267

Commitments and Contingencies (Notes 9, 11)

-

-

-

-

-

-

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

Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,648,617 and 11,572,668 shares issued and outstanding at March 28, 2020 and December 31, 2019, respectively

116

116

116

115

115

114

114

114

114

113

113

113

113

112

112

112

111

111

111

111

110

110

109

109

110

110

109

108

107

107

107

107

107

107

107

107

106

Treasury stock, at cost; zero and 143,300 shares at December 31, 2014 and December 31, 2013, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,924

1,924

1,924

1,924

1,924

1,924

1,924

1,924

1,924

1,924

1,924

1,924

Additional paid-in capital

89,820

88,399

86,828

83,844

83,370

83,712

82,447

81,331

80,523

80,223

78,624

77,670

76,827

76,783

76,681

76,199

75,269

75,200

74,395

74,069

72,992

72,206

70,930

68,704

69,404

68,909

69,046

66,578

65,508

66,475

66,043

65,557

65,018

64,378

64,368

63,439

61,684

Retained earnings

220,483

212,553

203,682

195,379

187,564

180,356

179,412

175,243

173,652

161,364

151,880

147,225

143,402

141,287

140,048

135,034

131,173

116,026

181,199

190,714

188,932

190,905

185,749

182,816

176,197

171,038

176,282

169,297

163,631

165,485

162,050

156,945

151,438

149,048

197,542

196,581

197,421

Accumulated other comprehensive loss

-7,992

-8,268

-6,847

-7,108

-7,271

-7,357

-6,416

-6,687

-6,982

-6,117

-5,968

-6,068

-6,060

-6,079

-5,799

-5,919

-5,888

-5,603

-6,234

-6,373

-6,526

-6,651

-3,670

-3,736

-3,793

-3,862

-6,952

-7,124

-7,296

-7,468

-7,325

-7,325

-7,325

-7,325

-3,102

-3,102

-3,102

Total Shareholders’ Equity

302,427

292,800

283,779

272,230

263,778

256,825

255,557

250,001

247,307

235,583

224,649

218,940

214,282

212,103

211,042

205,426

200,665

185,734

249,471

258,521

255,508

256,570

253,118

247,893

239,994

234,271

236,561

226,935

220,026

222,675

218,951

213,360

207,314

204,284

256,991

255,101

254,185

Total Liabilities and Shareholders’ Equity

841,837

790,429

689,554

679,595

660,709

644,739

642,565

631,893

597,569

566,753

593,849

535,772

517,971

515,429

520,982

520,299

519,374

557,081

692,401

709,970

725,927

747,599

754,307

757,297

751,293

762,645

758,742

769,528

762,546

780,089

795,251

804,635

794,444

808,087

860,829

872,919

345,452