Ebix inc (EBIX)
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

61,854

73,228

124,242

102,210

76,999

137,858

134,987

113,410

111,898

63,895

96,734

68,449

120,195

114,118

99,806

78,014

69,020

57,179

33,200

27,423

27,197

52,300

47,350

32,903

57,728

56,674

36,889

35,394

43,005

36,449

29,491

25,313

37,140

23,696

13,941

23,627

23,397

Settlement Assets, Current

13,423

25,607

-

-

-

36,557

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

9,236

4,443

4,795

4,860

19,417

31,200

20,481

21,262

18,356

25,592

5,524

12,861

3,260

3,105

2,975

2,904

2,308

1,538

1,014

974

265

281

1,326

1,427

845

801

829

707

778

971

1,506

1,458

730

1,505

1,663

1,780

6,300

Restricted Cash and Cash Equivalents, Current

24,756

35,100

18,240

22,641

29,743

8,317

0

3,992

3,992

4,040

11,219

14,266

11,249

0

8,975

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funds Held for Clients

5,293

4,966

4,200

4,393

3,395

6,491

7,254

8,043

8,645

8,035

7,953

-

-

14,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, less allowances of $20,179 and $21,696, respectively

135,889

153,565

165,397

175,323

162,155

147,691

153,171

148,317

117,443

117,838

102,813

83,345

68,424

62,713

60,795

52,816

56,503

47,171

47,166

47,217

44,869

41,100

38,361

40,416

42,210

39,070

40,374

38,500

39,533

37,298

37,203

33,096

29,351

31,133

31,242

32,829

26,028

Deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

802

2,115

2,021

-

997

1,400

0

256

1,442

2,047

1,899

1,835

1,594

2,632

2,817

2,981

3,127

3,174

0

Other current assets

68,667

67,074

63,615

60,747

60,838

59,274

32,799

33,205

30,533

33,532

16,531

15,199

13,896

12,716

12,832

11,662

11,423

10,942

11,058

9,933

8,643

8,067

6,251

4,951

5,032

5,548

4,941

5,201

4,680

5,116

6,632

6,102

4,747

4,502

4,410

5,305

5,057

Total current assets

319,118

363,934

380,489

370,174

352,547

427,380

348,692

328,229

290,867

252,932

240,774

194,120

217,024

207,046

185,383

145,396

139,254

116,830

93,240

87,662

82,995

101,748

94,285

81,097

105,815

102,349

84,475

81,849

89,895

81,669

76,426

68,601

74,785

63,817

54,383

66,715

60,782

Property and equipment, net

46,831

48,421

52,597

52,203

50,012

47,960

45,648

41,061

40,647

41,704

41,430

40,939

38,823

37,061

36,187

34,507

34,154

34,088

33,583

32,250

28,121

24,661

22,648

21,148

8,309

8,528

8,819

9,226

9,676

10,082

10,383

10,319

9,399

8,834

8,718

9,171

7,806

Operating Lease, Right-of-Use Asset

16,600

19,500

17,000

18,100

19,005

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

921,367

952,404

958,813

971,929

965,640

946,685

870,311

825,526

672,159

666,863

559,163

557,502

443,304

441,404

428,063

406,946

403,210

402,259

408,093

412,842

399,408

402,220

350,255

352,833

341,744

337,068

337,403

333,872

326,223

326,748

337,249

320,238

264,504

259,218

237,863

245,749

180,602

Intangibles, net

42,749

46,955

46,298

46,456

48,559

51,448

36,948

42,042

43,679

45,711

47,011

49,076

39,683

41,336

38,151

40,009

50,141

51,848

49,591

51,656

46,875

49,371

46,504

49,091

49,744

50,734

52,668

53,969

50,654

52,591

51,483

50,852

37,763

38,386

38,380

40,187

22,574

Indefinite-lived intangibles

42,055

42,055

42,055

42,055

42,055

42,055

42,055

42,055

42,055

42,055

38,694

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,887

30,798

30,798

30,990

30,453

30,493

31,278

30,552

Capitalized Software Development Costs for Software Sold to Customers

19,500

19,200

13,700

13,100

12,905

14,100

10,039

9,135

8,659

8,499

8,744

6,602

6,108

5,955

3,173

3,285

3,226

3,489

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

66,842

69,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

-

-

59,906

60,135

58,686

54,629

44,656

46,819

48,489

43,529

35,398

35,328

33,741

31,345

33,435

33,019

23,892

23,732

20,563

23,191

19,203

20,871

15,003

14,880

14,237

12,194

15,375

24,308

18,764

11,245

6,011

5,432

10,970

9,412

10,196

7,110

0

Other assets

28,473

29,896

34,425

48,344

31,583

26,714

30,546

22,710

15,889

11,720

54,718

8,875

5,620

8,721

5,836

13,884

12,636

12,856

12,522

5,766

5,739

4,553

4,890

1,518

1,626

3,682

3,733

3,933

3,654

3,724

3,483

3,238

1,053

1,062

974

1,084

984

Total assets

1,503,610

1,591,619

1,605,339

1,622,503

1,580,992

1,610,947

1,428,895

1,357,577

1,162,444

1,113,013

1,025,932

923,329

815,190

803,755

761,115

707,933

697,400

675,989

648,479

644,254

613,228

634,311

564,472

551,454

552,362

545,442

533,360

538,044

529,753

516,946

515,833

489,478

429,464

411,182

381,007

401,294

303,300

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities

70,102

84,735

117,520

127,202

121,180

111,895

109,458

97,985

77,231

75,073

50,845

39,665

23,948

30,461

30,353

19,265

14,687

23,043

21,703

23,099

18,471

40,121

11,138

16,258

17,827

17,818

13,698

23,552

20,151

15,497

19,729

21,927

19,075

11,129

20,050

13,076

15,344

Settlement Liabilities, Current

8,720

12,196

-

-

-

25,651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and related benefits

9,356

8,755

8,683

7,769

8,334

9,227

9,801

8,345

7,235

8,201

7,006

6,123

6,595

7,474

6,127

4,095

5,747

4,932

6,020

6,229

4,554

5,280

4,251

5,410

4,390

6,482

4,029

6,464

4,800

5,431

4,620

5,517

3,518

5,034

4,563

4,907

4,536

Bank Overdrafts

2,700

28,400

35,800

59,902

18,925

10,500

8,703

4,283

9,941

9,243

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Funds Held for Clients, Liability

5,293

4,966

4,200

4,393

3,395

6,491

7,254

8,043

8,645

8,035

7,953

-

-

14,394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short term debt, net of deferred financing costs

1,050

1,167

1,253

1,369

1,441

3,990

13,825

13,824

13,824

0

12,364

12,364

12,364

12,364

12,364

12,364

-

0

-

-

-

-

0

18,750

13,406

13,062

12,719

12,375

9,625

11,344

11,000

10,656

8,333

6,667

6,667

6,664

5,000

Line of Credit, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,840

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of convertible debt, net of discount of $0 and $56, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,944

Current portion of long term debt and financing lease obligation, net of deferred financing costs of $734 and $575, respectively

23,809

22,091

20,203

18,258

16,368

14,603

100

113

17

14,381

9

9

9

9

9

9

608

606

607

617

631

936

724

761

827

827

828

845

905

915

876

872

852

165

154

186

426

Operating Lease, Liability, Current

5,268

5,955

5,578

6,035

6,046

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Financial Instrument, Liabilities, Fair Value Disclosure, Current

8,100

8,621

1,300

1,300

2,291

13,800

14,202

16,392

4,000

4,000

5,921

6,022

1,943

1,921

1,621

2,878

2,143

1,706

1,690

1,887

887

887

564

137

2,384

4,137

4,168

6,343

2,406

-

6,227

-

-

7,590

-

-

-

Put option liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

530

391

845

2,437

2,530

-

0

-

-

-

-

1,430

1,462

-

Deferred Revenue, Current

29,814

28,712

27,665

30,369

33,173

35,609

30,174

31,011

27,492

22,562

20,302

21,731

23,643

22,564

20,334

19,513

20,557

20,519

19,251

20,612

22,858

22,192

18,575

18,494

19,173

18,918

17,365

16,995

19,584

19,888

17,845

18,060

16,211

16,460

16,380

14,780

8,610

Current deferred rent

-

-

-

-

-

-

121

170

205

278

283

286

285

281

271

259

246

232

311

289

282

268

230

246

227

254

237

254

226

237

258

279

279

266

250

235

0

Deferred Tax Liabilities, Net, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

22,892

29,335

31,647

15,820

11,349

85,679

29,274

13,911

10,085

5,159

259

244

276

244

242

239

248

228

98

102

102

102

84

89

110

106

118

105

74

113

106

117

119

2,468

998

184

225

Acquisition Obligations

-

-

-

-

-

-

-

-

-

-

43,824

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Estimated Litigation Liability, Current

-

-

-

-

19,652

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,226

4,226

-

-

0

-

-

-

-

-

-

-

Total current liabilities

187,161

234,885

253,832

272,432

242,154

317,428

222,912

194,077

158,675

146,932

148,766

86,444

69,063

89,712

71,321

58,622

44,236

51,266

49,680

52,835

47,785

69,786

35,566

68,515

58,799

66,675

59,825

69,463

57,771

56,690

60,661

57,428

48,387

49,779

50,492

41,494

39,085

Revolving line of credit

438,037

438,037

438,037

438,037

438,037

424,537

399,694

358,694

173,694

274,529

234,029

214,029

194,029

154,029

134,029

119,038

226,465

206,465

186,465

150,465

135,465

120,465

63,465

0

22,840

22,840

22,840

32,840

37,840

37,840

37,840

32,840

31,750

31,750

10,250

8,750

25,000

Long-term Debt and Capital Lease Obligations, net

248,912

254,467

259,992

265,543

271,075

274,716

229,982

232,950

235,778

110,978

96,580

99,619

102,713

105,824

108,863

111,993

33

35

41

43

593

593

898

9,284

17,319

20,124

22,948

25,750

29,117

31,592

33,905

36,380

9,367

8,468

10,159

11,860

205

Deferred tax liability, net

-

-

1,282

1,282

1,282

1,282

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,534

Other liabilities

35,326

40,339

41,126

28,123

27,848

27,849

11,158

11,230

11,632

11,658

9,305

9,188

7,005

6,070

3,858

3,266

3,324

3,332

2,157

2,447

2,449

2,179

15,895

11,031

8,116

4,719

9,755

8,794

6,471

6,429

4,443

4,313

3,775

3,803

3,635

3,654

2,991

Derivative Financial Instrument, Liabilities, Fair Value Disclosure, Noncurrent

1,400

1,474

9,300

9,500

10,175

11,200

15,083

5,216

32,511

33,096

-

-

-

6,589

-

-

-

2,571

-

-

-

4,480

-

-

-

10,283

-

-

-

-

-

-

-

-

-

-

-

Long term deferred rent

-

-

-

-

-

-

323

356

405

638

752

834

913

1,009

1,110

1,219

1,269

1,381

1,847

1,901

1,962

2,091

1,848

1,971

2,030

2,185

2,239

2,285

1,465

1,449

1,519

1,586

864

939

1,012

1,080

554

Contingent liability for accrued earn-out acquisition consideration

-

-

-

-

-

-

-

-

-

-

33,258

33,438

6,810

-

0

0

1,599

-

6,323

8,193

4,443

-

10,286

17,072

11,992

-

10,067

9,155

14,027

-

23,740

15,066

-

0

-

-

-

Put option liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,105

1,186

700

1,114

-

0

0

0

537

Deferred Revenue, Noncurrent

8,649

8,541

7,662

8,161

8,649

9,051

8,153

7,152

8,822

1,423

1,321

1,338

1,342

1,886

1,728

1,717

3,275

1,968

1,803

1,803

1,837

2,496

144

148

468

391

224

168

270

375

200

130

69

328

139

139

126

Operating Lease, Liability, Noncurrent

11,169

13,196

10,802

11,868

12,724

438

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability, net

1,235

1,235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

931,894

992,174

1,022,023

1,034,950

1,011,944

1,066,510

887,305

809,675

621,517

579,254

524,011

444,890

381,875

365,119

320,909

295,855

280,201

267,018

248,316

217,687

194,534

202,090

128,102

108,021

121,564

127,217

127,898

148,455

148,066

149,791

163,008

148,857

94,212

95,067

75,687

66,977

72,032

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

Temporary equity, Note 20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-

-

-

0

-

-

-

Stockholders’ equity:
Preferred stock, $0.10 par value, 500,000 shares authorized, no 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

Series Y Preferred Stock, Value, Issued

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.10 par value, 220,000,000 shares authorized, 30,475,994 issued and outstanding, at March 31, 2020, and 30,492,044 issued and outstanding at December 31, 2019

3,048

3,049

3,049

3,053

3,052

3,057

3,150

3,146

3,146

3,148

3,146

3,144

3,152

3,209

3,238

3,245

3,298

3,342

3,378

3,494

3,527

3,619

3,715

3,839

3,838

3,805

3,799

3,698

3,717

3,709

3,717

3,748

3,646

3,638

3,649

3,843

3,602

Additional paid-in capital

8,211

6,960

6,208

5,189

4,350

3,397

1,414

734

0

1,410

659

-

0

0

16,229

20,306

43,806

57,120

69,756

103,547

113,383

137,101

151,039

163,588

163,107

164,216

163,754

162,795

164,838

164,346

171,668

176,836

180,099

179,518

179,619

213,635

153,221

Treasury stock (no shares as of December 31, 2016 and December 31, 2015)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

76

Retained Earnings (Accumulated Deficit)

639,596

618,503

599,148

582,913

556,364

535,118

577,353

550,480

523,668

510,975

486,771

464,963

448,621

457,364

440,604

419,027

398,524

378,787

359,341

341,709

325,333

309,726

295,933

280,777

270,095

257,574

242,329

229,186

215,644

201,094

184,222

168,015

151,780

137,559

121,690

105,154

67,642

Accumulated other comprehensive loss

-128,192

-78,398

-74,236

-55,484

-59,895

-63,377

-85,833

-54,960

-28,782

-24,023

-29,760

-30,419

-31,160

-33,677

-31,291

-30,743

-28,621

-30,278

-32,312

-22,183

-23,549

-18,149

-14,241

-9,695

-11,166

-12,294

-9,344

-11,014

-7,436

-6,918

-6,706

-7,902

-197

-4,524

438

11,761

6,879

Total stockholders’ equity

522,663

550,114

534,169

535,671

503,871

478,195

496,084

499,400

498,032

491,510

460,816

437,688

420,613

426,896

428,780

411,835

417,007

408,971

400,163

426,567

418,694

432,221

436,370

438,433

425,798

413,225

400,462

384,589

376,687

362,155

352,825

340,621

335,252

316,115

305,320

334,317

231,268

Stockholders' Equity Attributable to Noncontrolling Interest

49,053

49,331

49,147

51,882

65,177

66,242

45,506

48,502

42,895

42,249

41,105

40,751

12,702

11,740

11,426

243

192

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

571,716

599,445

583,316

587,553

569,048

544,437

541,590

547,902

540,927

533,759

501,921

478,439

433,315

438,636

440,206

412,078

417,199

408,971

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and stockholders’ equity

1,503,610

1,591,619

1,605,339

1,622,503

1,580,992

1,610,947

1,428,895

1,357,577

1,162,444

1,113,013

1,025,932

923,329

815,190

803,755

761,115

707,933

697,400

675,989

648,479

644,254

613,228

634,311

564,472

551,454

552,362

545,442

533,360

538,044

529,753

516,946

515,833

489,478

429,464

411,182

381,007

401,294

303,300