Edgewater technology inc/de/ (EDGW)
Balance Sheet / Quarterly
Sep'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

4,444

3,733

8,442

15,398

12,796

13,092

17,674

19,693

12,147

10,737

7,967

11,981

20,800

20,220

18,921

26,768

25,816

21,702

17,777

20,321

17,487

11,467

13,527

16,651

12,974

8,893

8,791

10,333

13,321

12,330

10,903

Restricted cash

5,000

4,500

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance of $150

26,266

28,154

24,561

22,218

25,584

25,750

25,366

25,661

27,951

29,093

28,926

27,753

27,714

26,565

25,529

24,654

24,075

23,922

22,820

19,842

19,001

23,846

18,326

18,281

22,652

27,737

22,642

23,307

20,158

22,658

19,496

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

1,216

1,198

1,198

-

1,148

1,172

1,174

1,175

-

-

-

6

-

-

-

-

-

-

-

Prepaid expenses and other current assets

2,312

2,457

2,983

2,075

1,173

1,823

1,781

1,208

1,398

1,623

2,308

704

1,269

1,386

1,616

1,053

1,449

1,644

1,372

936

1,150

1,605

1,644

1,412

1,450

1,284

1,417

763

1,156

1,146

1,035

Total current assets

38,022

38,844

35,986

39,691

39,553

40,665

44,821

46,562

41,496

41,453

39,201

40,438

50,999

49,369

47,264

52,475

52,488

48,440

43,143

42,274

37,638

36,918

33,497

36,350

37,076

37,914

32,850

34,403

34,635

36,134

31,434

Property and equipment, net

386

406

424

409

464

481

536

623

705

755

721

824

926

1,011

1,038

1,029

1,142

1,235

1,328

1,437

1,613

1,714

1,899

1,949

2,131

2,220

2,346

2,429

2,570

2,746

2,797

Intangible assets, net

3,895

4,455

5,015

5,575

6,273

6,975

7,677

8,378

9,281

10,184

11,087

11,990

4,781

2,942

3,554

480

570

699

827

956

1,115

1,155

1,311

1,194

1,467

1,759

1,936

2,079

2,490

2,876

3,821

Goodwill

29,983

29,983

29,983

29,983

29,983

29,983

29,983

29,983

29,983

29,983

29,983

29,910

19,872

18,260

17,758

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

12,049

Deferred tax assets, net

-

-

-

-

23,181

22,442

23,627

19,031

23,735

23,731

24,655

24,032

25,693

26,289

26,651

27,170

26,965

27,523

28,738

29,097

-

-

-

-

-

-

-

-

-

-

-

Other assets

886

209

210

216

218

219

227

228

236

238

240

230

231

220

222

210

212

244

251

254

249

244

247

247

251

226

237

238

248

251

175

Total assets

73,172

73,897

71,618

75,874

99,672

100,765

106,871

104,805

105,436

106,344

105,887

107,424

102,502

98,091

96,487

93,413

93,426

90,190

86,336

86,067

52,664

52,080

49,003

51,789

52,974

54,168

49,418

51,198

51,992

54,056

50,276

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

1,585

1,328

978

767

453

583

587

634

651

831

961

586

672

562

602

315

148

357

347

680

598

2,338

663

593

432

1,155

534

1,858

-

-

604

Accrued liabilities

14,444

14,642

13,747

14,984

13,697

14,282

13,717

13,497

13,138

14,642

12,148

15,486

19,032

16,238

15,793

16,142

17,366

14,656

13,760

14,326

14,369

12,817

12,775

14,280

15,127

14,921

13,478

13,934

-

-

12,391

Short-term portion of contingent earnout consideration

-

-

-

-

-

836

8,929

8,089

6,497

6,053

7,536

7,072

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,991

9,406

-

Accrued contingent earnout consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

246

128

126

2,795

3,633

2,800

Deferred revenue

2,751

2,558

2,301

2,140

2,056

1,982

1,922

1,811

1,785

2,146

2,035

2,428

2,272

2,822

3,022

1,516

1,672

1,796

1,762

1,715

1,462

3,028

2,682

2,969

3,879

4,047

1,340

1,569

-

-

1,301

Revolving credit facility

5,000

5,000

5,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and related liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,036

3,985

-

Deferred revenue and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,637

1,714

-

Capital lease obligations, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

52

90

127

148

Total current liabilities

-

-

-

-

16,206

17,683

25,155

24,031

22,071

23,672

22,680

25,572

21,976

19,622

19,417

17,973

19,186

16,809

15,869

16,721

16,429

18,183

16,120

17,842

19,438

20,369

15,494

17,539

18,549

18,865

17,244

Revolving credit facility

-

-

-

-

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term portion of contingent earnout consideration

-

-

-

-

-

-

-

-

939

899

3,737

3,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

3,198

2,557

2,418

411

557

702

608

760

832

978

1,122

1,272

1,430

1,553

1,722

1,841

-

-

15

Accrued contingent earnout consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110

105

147

699

-

Capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

Total liabilities

23,780

23,528

22,026

22,891

21,206

22,683

30,155

29,031

28,010

29,571

31,417

34,040

25,174

22,179

21,835

18,384

19,743

17,511

16,477

17,481

17,261

19,161

17,242

19,114

20,868

21,922

17,326

19,485

18,696

19,564

17,311

Commitments and contingencies (Note 13)

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Stockholders' equity:
Preferred stock, $.01 par value; 2,000 shares authorized, no shares issued or outstanding

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, $.01 par value; 48,000 shares authorized, 29,736 shares issued as of September 30, 2018 and December 31, 2017, 14,641 and 14,046 shares outstanding as of September 30, 2018 and December 31, 2017, respectively

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

297

Paid-in capital

199,936

200,081

200,818

202,749

203,599

203,502

205,611

207,445

209,897

209,794

210,312

210,324

210,512

210,259

210,624

210,989

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

210,944

211,169

211,467

211,852

212,170

212,382

212,646

213,238

213,306

213,366

213,257

213,282

213,349

213,360

213,326

Treasury stock, at cost, 15,096 and 15,690 shares at September 30, 2018 and December 31, 2017, respectively

93,671

94,148

95,894

98,684

99,501

99,936

104,262

108,335

112,598

113,133

114,657

116,464

117,428

117,638

118,795

119,878

120,576

120,864

122,214

123,186

124,284

125,210

125,240

125,806

126,102

125,237

125,151

125,389

125,782

123,080

123,888

Accumulated other comprehensive loss

-647

-644

-613

-582

-550

-573

-582

-580

-544

-516

-499

-554

-476

-402

-375

-220

-168

-133

-180

-154

-146

-144

-122

-123

-119

-111

-108

-99

-96

-67

-48

Retained deficit

-56,523

-55,217

-55,016

-50,797

-25,379

-25,208

-24,348

-23,053

-19,626

-19,669

-20,983

-20,219

-15,577

-16,604

-17,099

-16,159

-16,814

-17,790

-19,511

-20,223

-52,634

-54,406

-55,820

-54,931

-55,276

-56,069

-56,203

-56,378

-54,472

-56,018

-56,722

Total stockholders' equity

49,392

50,369

49,592

52,983

78,466

78,082

76,716

75,774

77,426

76,773

74,470

73,384

77,328

75,912

74,652

75,029

73,683

72,679

69,859

68,586

35,403

32,919

31,761

32,675

32,106

32,246

32,092

31,713

33,296

34,492

32,965

Total liabilities and stockholders' equity

73,172

73,897

71,618

75,874

99,672

100,765

106,871

104,805

105,436

106,344

105,887

107,424

102,502

98,091

96,487

93,413

93,426

90,190

86,336

86,067

52,664

52,080

49,003

51,789

52,974

54,168

49,418

51,198

51,992

54,056

50,276