Expeditors international of washington, inc. (EXPD)
Balance Sheet / Quarterly
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'10Mar'10Dec'09Sep'09Jun'09Dec'08
Assets:
Current Assets:
Cash and cash equivalents

1,111

1,230

1,215

1,082

1,189

923

990

1,020

1,132

1,051

1,033

1,114

1,156

974

1,042

980

1,013

807

968

985

1,033

927

990

970

1,131

1,247

1,310

1,286

1,394

1,260

1,367

1,364

1,412

1,294

1,260

1,225

1,238

1,084

1,057

960

1,041

925

947

915

741

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

47

0

40

40

86

86

26

99

89

-

0

-

0

16

-

0

1

0

0

0

0

0

0

0

0

0

Accounts receivable, less allowance for credit loss of $3,578 at March 31, 2020 and $11,143 at December 31, 2019

1,268

1,315

1,319

1,382

1,353

1,581

1,528

1,337

1,326

1,414

1,349

1,215

1,126

1,190

1,108

1,051

1,010

1,112

1,166

1,194

1,253

1,236

1,183

1,150

1,062

1,073

1,027

1,018

982

1,031

1,015

983

934

934

997

1,028

1,006

1,003

1,082

1,016

817

810

684

577

788

Deferred contract costs

143

131

130

143

131

159

168

136

120

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

94

92

103

103

54

70

59

69

58

75

135

164

119

54

64

75

44

56

71

86

44

65

83

84

36

49

47

69

42

53

46

47

36

47

43

48

25

42

34

36

24

42

36

32

35

Total current assets

2,618

2,769

2,769

2,711

2,728

2,734

2,746

2,564

2,638

2,541

2,518

2,494

2,401

2,218

2,235

2,126

2,087

1,976

2,235

2,334

2,352

2,289

2,317

2,310

2,334

2,415

2,498

2,475

2,430

2,357

2,439

2,405

2,410

2,286

2,312

2,313

2,280

2,140

2,183

2,022

1,892

1,787

1,676

1,534

1,573

Land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163

-

-

-

165

-

-

160

Buildings and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

372

-

-

-

372

-

-

351

Furniture, fixtures, equipment and purchased software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

215

-

-

-

205

-

-

193

Construction in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

-

-

-

16

-

-

16

Property and equipment, at cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

780

-

-

-

760

-

-

721

Less accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

281

-

-

-

264

-

-

228

Property and equipment, less accumulated depreciation and amortization of $481,490 at March 31, 2020 and $478,906 at December 31, 2019

484

499

494

499

500

504

510

515

531

525

513

490

463

536

539

540

526

524

527

536

528

538

545

556

556

563

562

549

546

556

551

546

550

538

528

523

514

498

493

483

488

495

496

496

493

Operating lease right-of-use assets

372

390

374

377

349

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

9

10

10

7

7

7

7

7

7

7

7

7

7

7

7

Deferred federal and state income taxes, net

9

8

44

33

37

40

43

16

7

13

-

-

-

0

19

19

18

-

20

20

20

20

20

19

18

18

12

11

11

12

10

10

9

10

10

9

9

8

8

8

8

8

7

8

7

Other intangibles, less accumulated amortization of $20,123 in 2011 and $18,921 in 2010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

3

3

3

3

4

4

4

5

5

6

Other assets, net

16

16

16

17

18

27

26

28

27

29

28

29

29

27

30

31

57

56

55

53

54

55

54

55

26

28

30

30

32

32

30

30

30

33

30

30

30

28

27

28

27

27

30

29

19

Total assets

3,509

3,691

3,706

3,646

3,642

3,314

3,334

3,132

3,212

3,117

3,068

3,022

2,902

2,790

2,813

2,707

2,679

2,565

2,827

2,932

2,943

2,890

2,926

2,929

2,925

3,014

3,098

3,063

3,017

2,954

3,032

2,992

3,001

2,866

2,883

2,878

2,836

2,679

2,716

2,546

2,422

2,323

2,216

2,073

2,100

Liabilities:
Current Liabilities:
Accounts payable

700

735

744

811

768

902

934

832

812

866

836

774

701

726

698

642

623

645

718

738

749

770

746

717

677

648

656

645

629

641

667

672

629

606

655

688

687

652

700

659

567

546

486

397

491

Accrued expenses, primarily salaries and related costs

201

189

207

217

220

215

228

227

222

206

216

211

205

185

207

225

202

186

208

228

203

192

194

220

196

200

183

196

175

178

174

184

170

169

178

196

182

177

188

176

162

145

150

156

150

Contract liabilities

170

154

152

169

157

190

195

161

147

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

63

65

61

61

58

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal, state and foreign income taxes

21

23

17

19

23

18

19

19

17

20

23

21

20

17

21

26

28

29

27

26

26

21

22

24

27

21

24

18

27

21

23

25

28

20

32

35

44

31

31

28

18

16

17

19

28

Total current liabilities

1,159

1,168

1,183

1,278

1,227

1,326

1,377

1,240

1,198

1,093

1,076

1,007

926

929

927

894

854

861

955

993

979

983

962

962

901

870

863

860

831

842

866

882

828

796

865

921

914

861

921

864

748

708

655

573

670

Noncurrent portion of operating lease liabilities

313

326

313

315

289

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent Federal income tax payable

-

-

-

-

-

-

0

0

31

29

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Federal and state income taxes, net

-

-

-

-

-

-

-

-

-

-

11

36

24

13

32

33

42

9

29

48

37

35

59

70

63

58

53

81

81

78

70

59

70

60

55

77

72

69

58

47

44

53

41

45

46

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

0

0

-

-

-

-

-

0

-

Shareholders’ Equity:
Preferred stock, 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

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.01 per share. Issued and outstanding: 166,193 shares at March 31, 2020 and 169,622 shares at December 31, 2019

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

Additional paid-in capital

0

3

23

12

3

1

1

1

1

0

1

11

4

2

0

0

3

0

0

2

5

1

1

2

0

1

2

3

5

1

0

1

18

13

3

2

14

13

5

6

27

18

6

4

7

Retained earnings

2,202

2,321

2,301

2,140

2,222

2,088

2,053

1,977

2,041

2,063

2,053

2,049

2,038

1,944

1,929

1,855

1,845

1,771

1,910

1,935

1,974

1,903

1,920

1,893

1,964

2,087

2,181

2,129

2,098

2,018

2,082

2,044

2,067

1,991

1,951

1,844

1,808

1,717

1,715

1,634

1,593

1,532

1,503

1,445

1,372

Accumulated other comprehensive loss

-169

-131

-118

-104

-103

-105

-101

-90

-64

-73

-78

-86

-95

-104

-81

-82

-71

-81

-74

-52

-57

-37

-21

-3

-8

-6

-6

-15

-4

5

5

-4

7

-2

-1

22

16

8

4

-17

-2

0

0

-6

-15

Total shareholders’ equity

2,034

2,195

2,207

2,050

2,124

1,986

1,955

1,889

1,979

1,991

1,978

1,975

1,948

1,844

1,850

1,775

1,779

1,691

1,839

1,886

1,924

1,868

1,901

1,894

1,958

2,084

2,179

2,119

2,102

2,027

2,090

2,043

2,095

2,003

1,955

1,872

1,841

1,740

1,728

1,626

1,620

1,553

1,512

1,445

1,366

Noncontrolling interest

2

2

1

1

1

0

1

2

2

2

3

2

2

2

3

3

3

2

3

3

2

3

2

2

1

1

1

2

1

4

5

6

6

6

6

7

7

7

7

8

8

8

7

9

17

Total equity

2,037

2,197

2,209

2,052

2,125

1,987

1,957

1,892

1,982

1,994

1,981

1,978

1,951

1,847

1,853

1,779

1,782

1,694

1,842

1,889

1,927

1,871

1,903

1,897

1,960

2,086

2,180

2,121

2,104

2,032

2,095

2,050

2,102

2,010

1,962

1,879

1,849

1,748

1,736

1,634

1,628

1,561

1,519

1,454

1,383

Total liabilities and equity

3,509

3,691

3,706

3,646

3,642

3,314

3,334

3,132

3,212

3,117

3,068

3,022

2,902

2,790

2,813

2,707

2,679

2,565

2,827

2,932

2,943

2,890

2,926

2,929

2,925

3,014

3,098

3,063

3,017

2,954

3,032

2,992

3,001

2,866

2,883

2,878

2,836

2,679

2,716

2,546

2,422

2,323

2,216

2,073

2,100