Echo global logistics, inc. (ECHO)
Balance Sheet / Yearly
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

38,722

34,626

26,418

16,022

37,595

40,281

60,542

44,656

32,603

23,515

21,212

20,030

24,255

16,646

34,210

40,114

43,518

56,522

42,787

57,647

17,180

32,542

30,101

27,365

42,642

52,506

53,340

46,893

44,082

41,780

48,167

47,340

48,218

47,007

44,190

41,573

43,218

Accounts receivable, net of allowance for doubtful accounts of $4,529 and $4,255 at March 31, 2020 and December 31, 2019, respectively

335,400

286,989

314,785

321,680

334,949

337,426

385,059

393,300

345,727

309,733

295,773

267,684

232,675

231,430

245,924

228,663

208,990

196,420

226,415

225,048

151,926

145,198

163,067

156,800

135,286

109,662

114,819

112,490

106,140

96,623

100,442

99,806

89,154

89,191

84,195

79,189

60,316

Income taxes receivable

2,903

2,473

202

665

0

2,805

836

4,360

5,213

5,101

10,659

10,823

10,466

7,757

4,451

2,852

1,528

1,038

930

2,138

4,469

1,968

0

0

519

1,337

0

1,615

1,293

703

0

878

0

636

526

408

0

Prepaid expenses

7,485

8,999

8,758

8,196

7,420

9,048

7,506

8,090

6,191

6,191

7,839

7,280

6,929

7,856

5,111

4,155

3,512

3,605

3,284

4,331

2,801

2,849

2,220

2,156

2,117

2,510

233

1,436

1,888

2,491

2,465

3,616

4,123

4,634

5,466

6,797

8,063

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

871

522

339

995

946

946

946

943

1,291

751

659

0

-

-

-

-

-949

-1,404

-

Other current assets

2,878

3,106

3,697

3,173

3,457

4,172

5,112

4,793

3,385

3,760

7,813

4,034

4,534

4,609

2,233

2,132

3,288

3,237

2,913

1,748

1,224

2,114

145

763

98

121

116

137

137

139

139

142

155

164

271

1,520

396

Total current assets

387,362

336,193

353,860

349,737

383,422

393,732

459,055

455,200

393,119

348,301

343,297

309,853

278,861

268,300

291,931

277,918

260,838

260,823

277,203

291,436

177,941

185,667

196,481

188,031

181,611

167,082

169,801

163,325

154,201

141,739

151,214

151,784

141,652

141,634

134,650

129,489

111,995

Noncurrent assets:
Property and equipment, net of accumulated depreciation of $136,820 and $130,320 at March 31, 2020 and December 31, 2019, respectively

56,112

58,620

59,644

61,291

62,216

61,955

63,072

63,219

63,021

63,062

62,972

60,246

57,814

57,450

52,777

32,978

28,085

27,304

25,931

25,849

21,345

21,276

21,216

19,759

18,115

15,536

15,351

14,757

14,699

13,491

12,645

11,889

11,466

10,834

10,863

10,164

9,638

Goodwill

309,600

309,600

309,600

309,600

309,600

309,589

309,589

307,314

307,314

307,314

307,314

307,314

307,314

307,314

307,314

307,314

307,314

308,490

308,376

282,126

82,108

77,909

77,898

77,136

58,116

51,650

51,650

51,497

51,496

51,073

42,587

42,591

41,456

41,476

38,140

33,398

32,597

Intangible assets, net of accumulated amortization of $84,474 and $81,656 at March 31, 2020 and December 31, 2019, respectively

94,944

97,762

100,559

103,365

106,397

109,563

112,832

111,009

114,240

117,484

121,021

124,583

128,152

131,727

135,637

139,558

143,533

147,532

151,737

181,939

32,739

30,871

31,993

33,135

17,096

10,647

11,228

11,820

12,420

13,018

5,322

5,797

5,809

6,281

6,633

6,035

6,974

Operating lease assets

18,865

19,638

19,314

19,852

20,146

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets

4,316

4,863

4,300

4,210

3,274

3,485

2,851

3,039

2,502

1,918

1,577

1,757

2,139

1,975

2,135

2,242

2,986

2,358

2,601

470

608

318

301

340

235

230

230

221

134

159

172

218

254

271

267

292

341

Total noncurrent assets

483,826

490,473

493,407

498,307

501,622

484,593

488,345

484,580

487,078

489,778

492,885

493,901

495,420

498,467

497,863

482,093

481,919

485,685

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

871,188

826,666

847,266

848,044

885,044

878,325

947,400

939,780

880,197

838,079

836,182

803,755

774,282

766,767

789,795

760,012

742,758

746,509

765,849

781,822

314,743

316,044

327,891

318,403

275,176

245,146

248,262

241,622

232,952

219,483

211,943

212,281

200,639

200,498

190,555

179,380

161,548

Liabilities and stockholders' equity
Current liabilities:
Accounts payable

236,954

187,524

210,851

220,035

218,993

216,280

252,483

267,278

226,138

193,749

202,410

178,703

147,062

135,386

145,682

133,142

116,403

103,985

129,741

133,905

99,414

85,999

103,970

102,904

90,822

65,322

71,762

70,642

67,448

58,889

60,331

62,127

56,546

59,949

56,229

50,794

40,097

Due to seller, current

947

937

700

950

933

2,243

1,933

1,250

1,750

919

888

814

1,041

743

839

1,002

843

2,338

2,278

2,063

2,286

4,243

4,493

5,929

5,176

5,763

4,543

5,080

5,678

5,070

4,349

4,456

3,724

5,278

3,476

2,882

2,720

Current maturities of capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8

16

24

43

77

121

175

213

214

274

Accrued expenses

29,450

35,229

37,403

35,461

40,638

48,129

50,306

43,206

38,545

39,660

41,270

30,309

26,888

31,810

34,606

30,607

28,020

30,283

31,014

26,015

12,881

19,496

18,682

15,728

9,490

8,322

7,576

6,394

5,851

6,071

6,926

5,987

5,120

5,195

4,709

4,192

3,398

Other current liabilities

5,100

6,700

5,836

5,704

5,847

255

-

-

-

0

-

-

-

-

510

1,729

0

784

0

0

3,725

17,507

17,507

17,507

-

0

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

111

-

550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,319

1,516

-

-

772

-

-

-

750

-

699

-

0

0

125

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

13

50

503

614

923

-

-

1,788

Total current liabilities

272,420

230,409

254,901

262,151

266,961

266,907

304,722

311,734

266,434

234,328

244,568

209,827

174,992

167,940

181,639

166,482

145,267

137,392

163,034

161,983

118,307

127,246

145,973

143,586

105,489

79,408

84,654

82,125

78,995

70,069

72,452

73,151

66,828

71,522

65,578

59,487

48,403

Noncurrent liabilities:
Long-term debt, net

98,709

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26,915

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes, net

69,022

156,298

154,828

153,381

177,300

183,168

216,748

214,774

212,831

210,919

209,036

207,183

205,359

203,564

201,796

200,057

198,344

196,659

195,000

193,410

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to seller, noncurrent

790

770

500

1,150

967

717

767

0

0

1,156

786

555

388

956

870

845

1,004

1,748

1,752

1,986

1,782

1,087

2,367

1,881

1,833

1,386

4,535

5,717

5,744

5,593

5,808

7,144

7,642

7,573

8,047

6,935

7,073

Other noncurrent liabilities

600

600

500

500

515

18,400

18,745

19,239

19,698

20,301

20,777

20,394

19,971

19,487

18,876

8,294

5,316

2,940

2,332

1,963

1,572

1,502

1,483

1,527

1,572

1,573

-

-

-

932

-

-

-

-

-

-

-

Deferred income taxes

24,683

23,761

21,611

21,926

21,339

19,233

15,404

15,816

15,133

12,503

18,186

17,923

17,717

16,669

15,491

15,834

12,166

12,520

14,220

14,634

5,933

4,333

3,365

3,641

4,021

3,547

3,260

3,154

2,984

1,902

1,632

2,920

2,539

2,056

-1,642

-1,383

946

Noncurrent operating lease liabilities

30,731

31,475

31,835

33,174

34,262

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total noncurrent liabilities

224,572

212,945

209,317

210,164

234,383

221,487

251,664

249,829

247,663

244,879

248,785

246,056

243,437

240,677

237,035

225,030

216,832

213,868

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, net of current maturities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

8

16

24

49

46

146

Total liabilities

496,991

443,353

464,218

472,316

501,343

488,394

556,387

561,563

514,097

479,207

493,354

455,884

418,430

408,618

418,674

391,512

362,099

351,260

376,340

400,895

127,595

134,170

153,189

150,636

112,917

85,916

92,450

90,997

87,724

78,497

79,893

83,225

77,026

81,176

75,319

67,853

56,570

Stockholders' equity:
Common stock, par value $0.0001 per share, 100,000,000 shares authorized, 31,703,669 shares issued and 25,936,569 shares outstanding at March 31, 2020; 31,507,247 shares issued and 26,229,809 shares outstanding at December 31, 2019

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Treasury stock, 5,767,100 and 5,277,438 shares at March 31, 2020 and December 31, 2019, respectively

118,679

109,239

105,679

105,679

90,199

79,571

69,818

69,818

69,818

69,818

69,818

59,999

49,999

49,148

36,471

33,099

19,390

784

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

359,857

356,600

354,216

351,739

349,298

348,397

346,662

343,249

338,811

337,445

334,750

332,366

330,101

328,676

326,005

322,373

322,754

319,002

314,217

309,095

114,634

112,688

110,172

108,694

107,431

106,831

106,154

105,329

104,056

102,789

97,174

96,467

94,427

93,447

92,894

92,564

91,152

Retained earnings

133,015

135,948

134,509

129,666

124,599

121,102

114,167

104,783

97,105

91,242

77,893

75,501

75,746

78,618

81,584

79,222

77,291

77,029

75,288

71,829

72,511

69,183

64,527

59,070

54,825

52,395

49,654

45,292

41,169

38,193

34,872

32,586

29,183

25,871

22,339

18,960

13,823

Total stockholders' equity

374,197

383,312

383,049

375,729

383,700

389,932

391,014

378,218

366,101

358,872

342,828

347,870

355,851

358,149

371,121

368,499

380,658

395,249

389,508

380,927

187,148

181,874

174,702

167,766

162,259

159,230

155,812

150,624

145,228

140,985

132,049

129,055

123,613

119,321

115,236

111,527

104,978

Total liabilities and stockholders' equity

871,188

826,666

847,266

848,044

885,044

878,325

947,400

939,780

880,197

838,079

836,182

803,755

774,282

766,767

789,795

760,012

742,758

746,509

765,849

781,822

314,743

316,044

327,891

318,403

275,176

245,146

248,262

241,622

232,952

219,483

211,943

212,281

200,639

200,498

190,555

179,380

161,548