FORUM ENERGY TECHNOLOGIES, INC. FET Balance Sheet

Forum energy technologies, inc. (FET)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11
Assets
Current assets
Cash and cash equivalents
108	57	28	37	29	47	26	39	42	115	156	220	204	234	132	137	131	109	76	57	83	76	74	32	66	39	28	199	26	41	17	14	15	20
Accounts receivable—trade, net of allowances of $8,277 and $9,048
145	154	182	180	203	206	214	210	194	202	154	145	127	105	100	94	109	138	157	199	256	287	313	276	280	250	250	245	244	228	248	252	247	228
Inventories, net
392	414	443	469	471	479	503	486	468	443	394	364	352	338	355	375	416	424	504	522	521	461	454	458	439	441	454	425	428	455	423	402	361	324
Income tax receivable
-	-	-	-	-	-	-	-	-	-	1	1	32	32	32	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
45	33	31	31	28	23	27	17	32	19	27	27	24	29	29	23	26	33	39	41	31	32	38	21	22	29	22	15	13	12	17	17	11	14
Accrued revenue
1	1	1	0	1	0	1	1	2	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs and estimated profits in excess of billings
2	4	4	8	8	9	10	9	12	9	9	7	7	9	10	9	14	12	18	16	15	14	28	34	23	24	18	17	27	6	6	14	12	11
Deferred income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	23	22	22	28	26	24	24	40	31	31	30	22	18	18	18
Total current assets
696	665	692	727	742	766	785	765	753	790	743	767	749	749	660	640	698	717	816	861	930	895	937	849	857	809	814	934	772	774	736	721	667	618
Property and equipment, net of accumulated depreciation
136	154	160	171	173	177	179	181	184	197	149	149	151	152	159	173	180	186	196	202	202	189	188	188	180	180	174	162	151	152	139	134	132	124
Operating lease assets
36	48	50	53	55	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs, net
1	1	1	1	1	2	2	2	2	2	0	0	0	1	1	1	1	4	11	11	12	5	13	14	15	15	11	6	7	8	8	9	9	10
Intangible assets, net
259	272	279	341	350	359	390	399	426	443	224	213	217	216	225	232	240	246	257	265	270	271	281	295	287	295	307	244	250	257	226	230	237	241
Goodwill
-	-	0	471	470	469	752	751	757	755	619	595	656	652	660	662	671	669	799	808	795	798	808	824	799	802	791	684	685	695	608	602	606	600
Investment in unconsolidated subsidiary
-	-	0	44	45	44	41	41	43	0	64	62	61	59	58	58	58	57	56	55	54	49	57	58	65	60	62	-	-	0	-	-	-	-
Deferred income taxes, net
0	0	0	0	1	1	8	6	4	3	9	3	2	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term assets
15	16	14	8	9	9	9	9	9	3	2	2	2	3	3	3	3	3	3	4	3	3	5	4	5	5	5	4	4	3	3	7	13	11
Total assets
1,145	1,159	1,199	1,821	1,850	1,829	2,169	2,157	2,182	2,195	1,814	1,795	1,842	1,835	1,770	1,773	1,854	1,886	2,141	2,209	2,268	2,214	2,294	2,235	2,210	2,168	2,168	2,037	1,871	1,892	1,722	1,706	1,667	1,607
Liabilities and equity
Current liabilities
Current portion of long-term debt
1	0	1	1	0	1	0	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	31	26	22	20	18	16	8	5
Accounts payable—trade
98	98	124	137	152	143	142	153	143	137	123	113	100	73	60	69	75	76	92	114	162	127	134	129	122	100	111	97	92	98	107	114	103	97
Accrued liabilities
74	86	87	74	72	81	69	63	62	66	64	56	51	55	55	51	55	58	79	82	108	126	123	82	90	96	96	86	104	85	93	89	92	92
Deferred revenue
5	4	7	8	7	8	7	5	8	8	8	8	7	8	8	9	9	7	9	8	9	10	14	12	19	15	18	28	22	33	19	17	18	12
Billings in excess of costs and profits recognized
4	5	4	2	1	3	5	6	0	1	1	1	1	4	1	2	4	8	9	9	11	15	19	14	15	6	12	22	15	17	2	1	8	4
Contingent consideration liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	15	15	15	16	39	41
Derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	1	0	0	0
Total current liabilities
185	196	224	224	233	236	226	229	217	216	199	181	162	141	126	131	144	151	190	216	292	282	292	240	249	219	270	261	274	273	257	255	269	254
Long-term debt, net of current portion
444	398	399	477	487	517	465	465	456	506	398	398	398	396	396	396	396	396	402	437	467	420	420	436	476	512	499	504	366	400	299	349	647	660
Deferred income taxes, net
2	2	12	20	14	15	21	12	29	31	4	5	14	26	39	18	40	51	94	97	96	98	100	105	98	97	105	54	52	57	37	36	34	35
Operating lease liabilities
46	49	51	53	55	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	1	1
Other long-term liabilities
24	25	25	25	26	29	34	31	32	31	34	35	34	34	30	30	31	29	23	22	18	17	13	12	8	8	8	0	-	0	0	0	0	0
Total liabilities
703	673	713	801	819	799	748	739	735	786	636	620	609	599	592	577	612	628	710	774	876	818	826	795	833	837	884	820	693	730	593	643	953	952
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
Equity
Common stock, $0.01 par value, 296,000,000 shares authorized, 119,584,140 and 118,840,611 shares issued
1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional paid-in capital
1,235	1,231	1,227	1,223	1,218	1,214	1,212	1,204	1,199	1,195	1,016	1,010	1,004	998	907	900	895	891	886	878	869	864	858	847	835	826	818	808	796	764	756	741	429	424
Treasury stock at cost, 8,216,637 and 8,211,919 shares
134	134	134	134	134	134	134	134	134	134	134	134	134	133	133	133	133	133	133	133	132	132	31	31	30	30	26	26	25	25	25	25	25	25
Warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	26	27	27	27	27
Retained deficit
-541	-503	-490	42	55	63	447	450	465	438	389	404	482	498	510	528	557	580	743	737	728	699	653	601	561	525	490	457	427	395	371	330	286	244
Accumulated other comprehensive loss
-117	-108	-118	-111	-110	-115	-105	-104	-85	-91	-94	-105	-121	-128	-107	-101	-78	-82	-67	-48	-74	-36	-13	20	8	7	-0	-24	-22	-0	-1	-12	-5	-16
Total equity
-	-	-	-	-	1,030	-	-	-	1,409	1,178	1,175	1,233	1,235	1,177	1,195	1,241	1,257	1,430	1,434	1,392	1,395	1,467	1,439	1,376	1,330	1,283	1,216	1,177	1,161	1,128	1,062	712	654
Noncontrolling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total equity
442	486	485	1,020	1,031	-	1,420	1,417	1,446	-	1,178	1,175	1,233	1,235	1,178	1,195	1,241	1,257	1,430	1,435	1,392	1,395	1,468	1,440	1,377	1,330	1,284	1,216	1,178	1,162	1,129	1,062	713	655
Total liabilities and equity
1,145	1,159	1,199	1,821	1,850	1,829	2,169	2,157	2,182	2,195	1,814	1,795	1,842	1,835	1,770	1,773	1,854	1,886	2,141	2,209	2,268	2,214	2,294	2,235	2,210	2,168	2,168	2,037	1,871	1,892	1,722	1,706	1,667	1,607