FERRO CORPORATION FOE Balance Sheet

Ferro corporation (FOE)

Balance Sheet / Yearly

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	Sep'11	Jun'11	Dec'10
ASSETS
Current assets
Cash and cash equivalents
43,018	96,202	51,741	51,311	57,637	96,101	126,278	44,886	53,296	63,551	52,211	78,866	92,829	45,582	40,556	49,416	55,865	58,380	69,493	211,413	105,175	140,500	95,286	50,189	41,088	28,328	35,853	30,662	32,897	29,576	24,817	25,367	23,271	22,991	21,900	27,368	29,035
Accounts receivable, net
150,639	139,333	320,359	339,616	329,149	154,907	381,435	395,858	393,236	354,416	337,887	330,461	289,476	259,687	282,827	278,931	261,435	231,970	252,095	242,482	231,482	236,749	229,942	263,608	318,838	238,278	331,847	338,208	314,017	306,463	322,620	353,076	343,668	306,775	365,383	383,026	302,448
Inventories
266,275	264,476	358,301	371,816	366,628	245,771	377,555	381,763	358,083	324,180	286,848	272,180	250,590	229,847	211,261	207,299	195,416	184,854	193,051	158,030	153,334	158,368	157,764	160,086	210,758	144,780	195,617	194,468	210,232	200,824	212,014	217,300	243,151	228,813	243,321	253,107	202,067
Deposits for precious metals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	28,086
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,964	12,088	9,051	6,508	7,886	7,532	6,775	7,536	7,791	6,511	8,011	8,004	8,413	7,995	6,419	17,277	17,291	17,395	24,284	26,413	24,924
Other receivables
63,777	69,365	90,209	89,761	86,022	71,653	70,261	66,519	66,117	67,137	50,057	40,893	38,280	37,814	36,360	32,008	33,247	34,088	36,086	26,753	22,729	25,635	20,600	15,694	22,043	19,963	32,371	28,289	30,323	31,554	37,338	32,437	33,915	37,839	29,051	32,151	27,762
Other current assets
16,838	22,373	23,239	23,181	25,474	21,146	27,084	25,765	16,154	16,448	19,533	13,808	10,183	9,087	8,013	15,479	10,613	15,695	15,054	14,424	16,980	17,912	22,527	12,027	12,513	16,214	14,571	12,037	13,938	10,802	12,746	13,715	10,076	17,086	24,670	14,157	7,432
Current assets held-for-sale
289,325	291,420	-	-	-	298,205	-	-	-	-	-	-	-	-	-	18,648	19,973	16,215	16,844	17,570	19,575	27,087	86,480	132,315	-	101,315	-	0	-	6,289	-	-	-	-	-	-	-
Total current assets
829,872	883,169	843,849	875,685	864,910	887,783	982,613	914,791	886,886	825,732	746,536	736,208	681,358	582,017	579,017	601,781	588,513	553,290	591,674	677,180	557,161	613,783	619,374	641,455	613,031	555,389	618,270	611,668	609,820	593,503	615,954	659,172	671,372	630,899	708,609	736,222	621,754
Other assets
Property, plant and equipment, net
295,899	302,249	382,842	389,364	385,079	275,539	353,878	334,997	325,740	321,742	288,774	273,964	257,993	262,026	249,497	252,548	258,752	260,429	258,870	194,459	193,138	212,642	201,820	212,814	293,963	225,255	299,619	295,936	298,434	309,374	331,894	367,184	378,988	379,336	388,636	393,729	391,496
Goodwill
170,778	172,209	203,595	209,678	214,815	172,953	214,750	199,172	198,538	195,369	197,819	157,828	148,203	148,296	142,880	141,162	150,564	145,669	126,923	92,976	91,562	93,733	62,443	63,574	63,547	63,473	63,234	62,573	62,413	62,975	68,952	215,693	215,830	215,601	219,606	219,842	219,716
Intangible assets, net
124,120	127,815	169,947	176,222	179,349	141,963	189,689	179,154	187,693	187,616	190,985	142,524	136,030	137,850	112,021	110,493	111,429	106,633	87,070	56,973	57,092	57,309	17,710	12,017	12,598	13,027	12,268	12,595	13,165	14,410	14,086	13,651	11,184	11,056	11,363	11,767	11,869
Deferred income taxes
100,391	98,714	103,648	107,359	103,433	88,526	102,606	109,404	117,425	108,025	106,081	115,181	109,555	106,454	99,326	100,126	88,995	87,385	43,469	36,186	33,592	39,712	17,793	18,899	19,020	19,283	20,527	20,343	21,246	21,554	16,835	114,789	118,978	117,658	117,991	123,370	121,640
Operating leased assets
17,294	20,088	23,206	24,884	27,110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current assets
78,302	72,023	55,595	41,844	48,710	89,741	38,423	36,294	45,495	43,718	45,472	52,096	51,094	47,126	50,247	48,206	48,298	48,767	63,017	63,863	59,949	55,638	61,139	61,296	59,954	59,663	55,444	54,351	55,608	61,941	71,913	87,128	89,096	86,101	81,603	84,289	67,880
Non-current assets held-for-sale
155,313	158,354	-	-	-	209,571	-	-	-	-	-	-	-	-	-	370	226	23,178	23,728	32,892	24,810	18,737	54,530	64,169	-	72,102	-	-	-	-	-	-	-	-	-	-	-
Other assets of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	15,346	-	-	-	-	-	-	-
Total assets
1,771,969	1,834,621	1,782,682	1,825,036	1,823,406	1,866,076	1,881,959	1,773,812	1,761,777	1,682,202	1,575,667	1,477,801	1,384,233	1,283,769	1,232,988	1,254,686	1,246,777	1,225,351	1,194,751	1,154,529	1,017,304	1,091,554	1,034,809	1,074,224	1,062,113	1,008,192	1,069,362	1,057,466	1,060,686	1,079,103	1,119,634	1,457,617	1,485,448	1,440,651	1,527,808	1,569,219	1,434,355
LIABILITIES AND EQUITY
Current liabilities
Loans payable and current portion of long-term debt
8,730	8,703	18,136	17,840	10,156	8,921	9,637	25,739	35,549	25,136	18,477	23,051	16,632	17,310	10,221	10,451	11,148	7,446	9,788	7,332	6,097	8,382	8,402	3,018	44,400	44,729	59,665	76,073	75,178	85,152	67,180	45,868	43,194	11,241	58,397	61,270	3,580
Accounts payable
105,093	138,799	178,412	192,356	205,486	132,753	217,266	201,380	204,262	211,711	155,542	158,659	139,880	127,655	123,325	129,946	130,444	120,380	130,092	125,838	126,017	129,236	134,937	149,200	193,654	120,641	183,044	189,387	191,554	182,024	196,977	214,195	217,457	214,460	210,250	240,378	207,770
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,637	18,026	-
Accrued payrolls
27,697	27,447	34,931	35,618	33,305	36,593	38,855	39,904	38,975	48,201	40,950	35,151	29,858	35,859	32,255	28,713	24,922	28,584	28,656	25,048	22,296	36,051	34,313	31,835	29,886	42,320	44,081	36,044	32,375	31,643	31,564	34,659	30,773	31,055	32,793	35,908	49,590
Accrued expenses and other current liabilities
71,661	73,016	91,185	93,483	90,466	52,867	78,809	75,114	75,026	70,151	85,927	70,571	70,433	65,203	60,708	60,525	59,917	54,664	62,021	47,842	40,550	53,133	66,504	65,961	64,013	66,026	67,514	72,770	65,679	76,384	69,508	68,246	71,789	67,878	66,047	77,836	84,735
Current liabilities held-for-sale
122,366	133,780	-	-	-	158,182	-	-	-	-	-	-	-	-	-	4,165	6,968	7,156	6,067	6,841	6,930	10,016	30,303	40,955	-	40,015	-	0	-	1,300	-	-	-	-	-	-	-
Total current liabilities
335,547	381,745	322,664	339,297	339,413	389,316	344,567	342,137	353,812	355,199	300,896	287,432	256,803	246,027	226,509	233,800	233,399	218,230	236,624	212,901	201,890	236,818	274,459	290,969	331,953	313,731	354,304	374,274	364,786	376,503	365,229	362,968	363,213	324,634	384,124	433,418	345,675
Other liabilities
Long-term debt, less current portion
797,017	798,862	827,791	849,988	860,441	806,081	923,640	815,015	773,218	726,491	673,464	637,863	618,335	557,175	477,100	485,436	493,212	466,108	416,491	406,331	302,178	298,285	300,772	354,798	313,557	267,469	278,119	262,973	265,526	261,624	270,132	295,844	300,530	298,082	304,716	291,324	290,971
Postretirement and pension liabilities
168,216	174,021	168,218	172,256	172,185	166,681	159,895	161,179	167,672	166,680	170,199	168,231	163,279	162,941	147,682	147,820	150,123	148,249	154,341	157,924	157,397	167,772	85,174	91,959	94,995	119,600	199,922	203,124	208,594	216,167	190,283	195,366	213,253	215,732	171,789	184,292	189,058
Operating leased non-current liabilities
11,973	14,474	14,905	15,895	17,562	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,263	2,459	-
Other non-current liabilities
60,058	56,976	62,306	62,506	57,908	53,666	65,856	71,769	75,764	77,152	83,995	61,383	59,489	62,594	65,533	65,080	64,911	66,990	72,917	47,087	44,365	50,359	30,393	28,490	28,745	30,656	20,316	18,450	16,969	18,135	19,846	19,493	20,954	19,709	20,417	23,078	25,044
Non-current liabilities held-for-sale
37,620	38,341	-	-	-	64,483	-	-	-	-	-	-	-	-	-	1,643	1,592	1,493	2,134	2,168	2,180	2,304	2,863	3,152	-	2,893	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
1,410,431	1,464,419	1,395,884	1,439,942	1,447,509	1,480,227	1,493,958	1,390,100	1,370,466	1,325,522	1,228,554	1,154,909	1,097,906	1,028,737	916,824	933,779	943,237	901,070	882,507	826,411	708,010	755,538	693,661	769,368	769,250	734,349	852,661	858,821	855,875	872,429	845,490	873,671	897,950	858,157	883,309	934,571	850,748
Ferro Corporation shareholders' equity:
Series A convertible preferred stock (approximates redemption value)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	9,427
Common stock, par value $1 per share; 300.0 million shares authorized; 93.4 million shares issued; 82.2 million and 82.0 million shares outstanding at March 31, 2020, and December 31, 2019, respectively
93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436	93,436
Paid-in capital
291,820	294,543	293,970	293,858	291,677	298,123	296,069	296,242	295,961	302,158	303,428	303,805	303,304	306,566	304,839	307,059	306,824	314,854	314,603	314,094	311,888	317,404	316,133	315,539	315,232	318,055	320,216	319,395	319,267	321,652	325,137	323,441	321,963	320,882	318,606	317,522	323,015
Retained earnings
278,139	262,016	293,273	280,453	269,582	255,978	245,002	228,944	199,276	171,744	180,430	157,613	136,588	114,690	135,626	144,510	125,541	135,507	84,917	88,976	82,377	71,407	59,965	12,500	2,540	-14,664	-75,201	-87,853	-85,723	-86,606	-22,730	392,078	394,926	287,662	422,460	404,278	362,164
Accumulated other comprehensive loss
-136,688	-109,376	-121,999	-109,633	-106,273	-105,361	-101,392	-99,822	-68,488	-75,468	-88,741	-85,670	-99,476	-106,643	-63,153	-65,850	-62,760	-61,318	-54,240	-49,057	-58,447	-21,805	-3,893	8,460	8,287	8,493	12,513	8,344	13,579	16,650	20,633	-82,360	-80,157	23,899	-47,024	-37,646	-50,949
Common shares in treasury, at cost
174,911	180,243	181,094	182,086	182,123	165,545	154,086	144,172	138,847	147,056	151,900	154,280	155,707	160,936	162,354	166,329	167,591	166,020	134,704	128,055	128,499	136,058	136,221	136,648	138,099	143,802	147,608	147,732	148,553	151,605	153,029	152,904	152,980	153,617	153,574	153,674	164,257
Total Ferro Corporation shareholders' equity
351,796	360,376	377,586	376,028	366,299	376,631	379,029	374,628	381,338	344,814	336,653	314,904	278,145	247,113	308,394	312,826	295,450	316,459	304,012	319,394	300,755	324,384	329,420	293,287	281,396	261,518	203,356	185,590	192,006	193,527	263,447	573,691	577,188	572,262	633,904	623,916	563,409
Noncontrolling interests
9,742	9,826	9,212	9,066	9,598	9,218	8,972	9,084	9,973	11,866	10,460	7,988	8,182	7,919	7,770	8,081	8,090	7,822	8,232	8,724	8,539	11,632	11,728	11,569	11,467	12,325	13,345	13,055	12,805	13,147	10,697	10,255	10,310	10,232	10,595	10,732	10,771
Total equity
361,538	370,202	386,798	385,094	375,897	385,849	388,001	383,712	391,311	356,680	347,113	322,892	286,327	255,032	316,164	320,907	303,540	324,281	312,244	328,118	309,294	336,016	341,148	304,856	292,863	273,843	216,701	198,645	204,811	206,674	274,144	583,946	587,498	582,494	644,499	634,648	574,180
Total liabilities and equity
1,771,969	1,834,621	1,782,682	1,825,036	1,823,406	1,866,076	1,881,959	1,773,812	1,761,777	1,682,202	1,575,667	1,477,801	1,384,233	1,283,769	1,232,988	1,254,686	1,246,777	1,225,351	1,194,751	1,154,529	1,017,304	1,091,554	1,034,809	1,074,224	1,062,113	1,008,192	1,069,362	1,057,466	1,060,686	1,079,103	1,119,634	1,457,617	1,485,448	1,440,651	1,527,808	1,569,219	1,434,355