Dril-quip, inc. (DRQ)
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'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current assets:
Cash and cash equivalents

343

398

413

423

414

418

424

493

495

493

473

436

414

423

542

491

423

381

396

382

374

298

314

342

420

384

380

325

318

257

263

248

285

298

255

250

268

245

257

225

197

Trade receivables, net

118

107

235

218

208

118

190

184

193

191

197

221

208

213

221

251

328

319

298

299

299

373

331

316

266

279

243

241

212

263

240

220

190

180

185

193

157

158

131

137

130

Unbilled receivables

129

140

-

-

-

83

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net

197

205

201

194

194

191

242

264

276

291

297

330

346

355

351

339

343

344

365

383

386

392

407

408

397

368

369

376

368

362

350

340

306

277

269

265

253

243

250

239

251

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

0

0

0

24

25

26

24

24

29

27

25

23

22

27

25

20

27

25

24

23

24

24

24

23

22

21

22

21

24

22

18

Prepaids and other current assets

37

28

28

31

25

41

40

34

36

32

25

35

37

39

16

31

45

54

43

38

38

38

26

26

28

28

14

18

17

17

13

19

21

18

16

17

17

18

10

8

18

Total current assets

826

880

878

868

843

852

897

976

1,002

1,008

992

1,024

1,007

1,056

1,158

1,140

1,164

1,124

1,133

1,130

1,123

1,127

1,103

1,121

1,138

1,081

1,035

987

942

924

891

852

829

799

749

748

718

688

674

635

616

Operating lease right of use assets

5

5

5

4

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net

244

258

259

265

270

274

292

283

288

284

286

314

319

323

290

293

294

294

292

301

300

309

310

316

311

304

300

299

299

295

293

286

284

274

270

271

262

247

227

202

194

Deferred income taxes

17

8

8

7

7

7

5

3

5

5

53

23

23

1

2

1

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

7

7

7

7

7

47

47

47

47

48

47

46

34

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets

31

32

33

33

34

34

35

36

37

38

39

39

39

29

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

11

13

13

14

15

14

14

15

16

15

17

16

16

15

11

11

10

9

11

14

11

12

14

10

10

10

11

10

10

11

11

11

12

11

12

13

13

13

10

10

6

Total assets

1,136

1,206

1,205

1,201

1,183

1,192

1,292

1,361

1,397

1,399

1,437

1,466

1,453

1,461

1,462

1,447

1,470

1,428

1,438

1,446

1,436

1,449

1,429

1,448

1,460

1,396

1,347

1,296

1,251

1,231

1,196

1,149

1,125

1,085

1,032

1,033

994

948

911

847

817

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

49

46

45

34

20

26

21

20

25

33

23

24

25

36

23

20

33

30

44

39

59

53

48

55

53

45

36

44

38

28

36

41

36

35

31

39

33

31

25

28

24

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

Accrued income taxes

6

4

5

4

3

3

4

24

27

24

5

21

21

24

24

26

28

14

9

9

17

16

10

8

15

13

12

10

13

5

4

8

11

5

6

5

8

1

7

5

8

Contract liabilities

6

6

7

8

12

9

7

4

5

4

5

5

6

11

7

8

12

18

26

39

42

71

57

69

52

45

50

53

58

86

75

63

71

76

60

62

58

48

42

21

47

Accrued compensation

6

13

11

11

8

10

11

13

11

11

16

17

12

10

12

14

11

17

16

19

17

21

20

18

17

21

20

16

12

14

14

12

13

12

14

11

11

11

13

10

10

Operating lease liabilities

1

1

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

22

24

24

26

23

31

23

16

17

25

18

17

16

18

18

16

19

19

20

18

23

35

31

17

17

23

19

22

22

20

25

24

18

20

19

19

14

17

17

19

12

Total current liabilities

93

96

96

87

70

81

68

80

87

99

69

86

83

101

86

86

104

100

118

126

161

198

169

169

156

149

138

148

144

155

155

149

151

151

131

138

126

111

106

86

104

Deferred income taxes

3

4

2

2

2

2

3

3

3

3

2

2

2

3

2

2

2

2

4

4

4

5

9

9

9

5

9

9

9

9

9

9

9

9

9

9

9

9

7

7

7

Income tax payable

8

8

9

9

9

9

28

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, long-term

3

3

4

3

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of current maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

0

0

0

0

Other long-term liabilities

2

2

0

2

2

2

2

2

2

2

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

111

115

112

104

88

96

101

86

92

105

71

88

85

104

89

89

107

103

122

131

165

204

178

178

166

154

148

157

154

165

164

159

161

160

140

148

136

120

114

93

112

Contingencies (Note 12)

-

-

-

-

-

-

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

-

-

-

Stockholders' equity:
Preferred stock: 10,000,000 shares authorized at $0.01 par value (none issued)

-

-

-

-

-

-

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

0

0

0

0

0

Common stock:
100,000,000 shares authorized at $0.01 par value, 35,060,690 and 35,859,540 shares issued and outstanding at March 31, 2020 and December 31, 2019

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

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

56

52

52

43

39

34

31

28

23

20

16

12

9

5

3

0

3

0

-

4

20

16

62

109

195

191

197

193

185

179

177

172

164

162

155

154

152

151

139

136

129

Treasury shares (at cost)

-

-

-

-

-

-

71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

1,136

1,181

1,194

1,199

1,198

1,205

1,371

1,381

1,393

1,400

1,471

1,501

1,501

1,500

1,499

1,480

1,462

1,425

1,409

1,371

1,332

1,278

1,219

1,163

1,112

1,069

1,022

982

939

899

869

839

809

780

752

729

707

685

664

636

583

Accumulated other comprehensive losses

-168

-143

-155

-145

-143

-145

-140

-134

-113

-126

-122

-135

-142

-150

-131

-122

-102

-101

-93

-60

-82

-50

-32

-3

-14

-20

-21

-37

-28

-13

-15

-22

-9

-18

-17

0

-2

-9

-7

-20

-8

Total stockholders' equity

1,024

1,090

1,092

1,097

1,095

1,096

1,191

1,275

1,305

1,294

1,365

1,378

1,367

1,356

1,372

1,358

1,363

1,324

1,315

1,315

1,270

1,245

1,250

1,269

1,293

1,242

1,198

1,138

1,097

1,066

1,031

990

964

925

891

884

858

828

797

754

705

Total liabilities and stockholders' equity

1,136

1,206

1,205

1,201

1,183

1,192

1,292

1,361

1,397

1,399

1,437

1,466

1,453

1,461

1,462

1,447

1,470

1,428

1,438

1,446

1,436

1,449

1,429

1,448

1,460

1,396

1,347

1,296

1,251

1,231

1,196

1,149

1,125

1,085

1,032

1,033

994

948

911

847

817