Geospace technologies corp (GEOS)
Balance Sheet / TTM
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'11Sep'10
ASSETS
Current assets:
Cash and cash equivalents

18,909

10,141

18,925

15,598

12,765

17,111

11,934

12,550

14,179

13,923

15,092

17,077

19,307

12,794

10,262

11,526

28,438

17,425

22,314

25,606

23,513

30,290

33,357

52,608

44,340

44,393

2,726

9,957

12,308

44,886

50,752

48,706

44,150

37,842

31,388

39,243

33,453

Trade accounts and financing receivables, net

18,404

-

27,426

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

0

748

9,495

25,471

27,014

26,462

32,085

36,137

36,461

28,862

24,739

27,491

27,254

14,898

19,562

18,112

19,610

19,958

19,655

19,861

5,949

-

-

-

-

10,635

19,692

19,960

18,930

4,968

4,956

4,926

1,936

-

Trade accounts receivable, net

-

32,681

-

14,739

20,634

12,399

14,323

11,150

12,530

7,011

9,435

8,327

16,709

13,819

15,392

12,010

8,947

7,083

12,693

13,339

16,783

13,365

24,602

25,345

50,939

52,721

49,756

33,164

34,110

22,676

16,229

24,326

34,264

22,474

19,761

19,225

19,107

Financing receivables

-

2,517

-

3,584

3,660

3,843

4,258

5,031

5,036

5,793

3,055

2,614

1,890

1,678

1,533

2,179

849

1,296

2,004

4,504

4,404

4,075

3,786

3,846

2,808

4,007

5,290

7,054

7,426

3,534

3,806

1,588

1,594

1,671

2,100

2,926

2,400

Income tax receivable

-

-

-

-

-

-

-

9

975

263

273

473

483

13,290

13,290

10,511

7,450

25,252

17,369

9,399

8,857

-

2,570

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

18,488

23,907

23,855

17,003

15,525

17,565

18,812

18,959

21,834

19,994

20,752

88,024

92,103

101,765

30,844

110,122

114,131

120,250

32,422

131,387

138,365

147,274

145,890

146,847

144,419

132,115

149,548

137,503

111,473

97,316

83,894

70,636

69,210

64,334

72,390

72,982

47,395

Property held for sale

558

691

-

1,329

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,134

12,400

28,387

11,309

6,325

0

-

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,320

7,319

7,286

7,244

7,266

6,885

6,929

7,056

6,861

6,207

6,437

6,689

6,774

6,572

6,043

6,356

6,716

4,542

Prepaid expenses and other current assets

1,676

1,960

1,008

1,117

2,275

3,336

1,856

3,014

1,452

1,939

1,623

1,854

1,827

1,855

1,826

5,736

3,876

1,997

1,295

3,018

1,872

10,107

6,698

6,409

6,503

10,481

6,327

3,896

10,645

-

5,898

-

-

-

-

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,764

-

2,065

2,437

1,837

5,660

1,742

3,089

Total current assets

58,035

71,908

71,214

53,370

55,607

63,749

76,654

77,727

82,468

81,008

86,367

154,830

161,181

169,940

100,638

179,338

178,589

192,865

106,209

215,183

221,072

232,052

244,008

248,270

255,894

253,780

233,103

226,822

204,113

210,630

187,228

173,025

163,195

139,157

142,581

144,770

109,986

Non-current financing receivables

-

116

-

1,708

2,753

3,793

4,740

5,513

6,166

7,032

8,195

588

427

1,385

1,817

1,915

2,352

1,949

1,516

1,077

1,524

24

28

-

-

-

-

389

820

1,236

1,687

2,196

2,698

3,195

3,706

4,185

6,131

Non-current inventories

16,850

19,223

21,524

32,265

34,037

31,003

31,655

35,355

48,846

56,184

55,935

-

-

-

73,696

-

-

-

92,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental equipment, net

62,689

66,985

62,062

60,155

56,434

52,394

39,545

34,345

19,704

15,542

16,462

20,551

24,485

26,821

30,973

36,875

41,860

42,964

46,036

48,789

45,262

51,180

53,873

55,183

53,122

52,547

36,908

33,572

38,072

33,226

27,853

24,689

26,466

26,240

11,945

10,542

8,003

Property, plant and equipment, net

31,593

31,615

31,474

32,196

34,320

33,302

33,624

34,173

35,750

36,475

37,399

43,432

44,484

43,477

44,732

45,567

46,593

47,961

48,709

50,445

50,989

52,457

49,205

49,587

49,865

48,500

48,480

45,686

40,443

39,901

34,433

34,426

34,508

34,250

34,692

35,290

33,988

Operating right-of-use asset

-

184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Patents, net of accumulated amortization of $3,507 and $3,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

199

259

319

379

558

Goodwill

5,008

5,008

5,008

5,007

5,059

5,980

4,343

-

-

-

-

-

-

-

-

-

-

-

-

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

1,843

Other intangible assets, net

9,197

9,630

10,063

10,497

10,930

12,163

8,006

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred cost of revenue and other assets

8,466

-

663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets, net

-

262

-

237

225

264

246

287

317

305

259

267

247

179

216

201

1,796

23

4,554

1,202

626

54

75

351

214

395

594

167

115

431

307

439

284

427

505

499

754

Prepaid income taxes

-

65

-

72

69

57

54

57

48

56

450

1,464

1,843

2,227

2,620

2,998

3,382

3,697

4,095

4,515

4,947

5,396

5,848

6,310

7,151

8,232

6,201

6,695

7,513

6,710

5,479

3,144

3,709

-

979

-

-

Other assets

-

180

-

212

216

225

213

213

213

619

629

641

80

80

80

15

80

140

95

97

106

105

106

111

105

105

96

110

103

122

192

203

211

5,017

231

1,264

2,233

Total assets

191,838

205,176

202,008

195,719

199,650

202,930

199,080

187,670

193,512

197,221

205,696

221,773

232,747

244,109

254,772

266,909

274,652

289,599

303,592

323,151

326,369

343,111

354,986

361,655

368,194

365,402

327,225

315,284

293,022

294,099

259,022

240,104

233,113

210,388

196,801

198,772

163,496

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Notes payable and current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

440

Accounts payable trade

4,919

6,339

4,051

4,700

7,117

8,338

4,106

4,033

4,922

3,322

2,599

2,041

2,109

1,767

2,120

2,221

1,503

2,093

4,077

3,114

2,865

5,724

4,964

4,697

14,231

15,646

16,737

20,561

18,923

17,347

17,187

5,602

11,816

7,550

5,042

11,007

3,809

Deferred revenue and other current liabilities

6,528

-

9,119

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-

6,241

-

4,923

5,059

6,391

6,826

5,359

5,300

6,516

6,338

5,666

5,301

7,469

7,849

7,392

5,694

9,723

9,679

9,559

6,762

10,546

14,590

16,315

15,190

14,357

16,638

14,367

11,623

13,722

13,978

15,232

11,581

10,867

11,384

12,462

10,793

Deferred revenue and customer deposits

-

3,658

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liability

-

160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

3,941

2,393

4,620

3,752

982

533

1,461

1,568

1,386

166

945

174

89

42

63

165

312

529

3,544

3,752

4,066

6,742

5,590

1,093

734

185

10,800

8,641

5,404

5,447

1,067

774

504

1,311

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

23

60

23

22

49

12

12

-

-

142

111

21

-

10

82

21

-

Income tax payable

-

35

-

36

33

96

51

8

-

-

-

3

9

90

125

112

71

20

3

-

230

251

22

3,192

4,271

12,480

159

2,457

687

9,729

1,275

2,862

3,093

3,581

399

4,998

2,056

Total current liabilities

11,447

16,433

13,170

13,600

14,602

19,445

14,735

10,382

10,755

11,299

10,505

9,096

7,585

10,271

10,268

9,814

7,310

11,899

13,924

13,026

10,409

20,125

23,351

28,292

40,483

48,085

34,639

38,119

31,418

51,740

41,192

29,121

31,937

23,075

17,681

28,992

18,409

Contingent consideration

10,912

9,940

9,940

12,055

12,055

12,055

7,713

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred revenue and other liabilities

3,052

-

51

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current operating lease liability

-

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

931

-

-

-

-

-

-

-

-

-

7,260

Deferred income tax liabilities

-

46

-

40

40

33

45

45

46

29

37

31

27

33

37

40

38

494

44

1,102

664

1,658

2,377

2,088

1,891

2,496

2,597

2,584

3,411

3,285

2,843

2,198

2,423

1,856

2,107

1,924

1,241

Total liabilities

25,411

26,461

23,161

25,695

26,697

31,533

22,493

10,427

10,801

11,328

10,542

9,127

7,612

10,304

10,305

9,854

7,348

12,393

13,968

14,128

11,073

21,783

25,728

30,380

42,374

50,581

38,167

40,703

34,829

55,025

44,035

31,319

34,360

24,931

19,788

30,916

26,910

Commitments and contingencies (Note 13)

-

-

-

-

-

-

-

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

Stockholders’ equity:
Preferred stock, 1,000,000 shares authorized, no shares issued and 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

Common stock, $.01 par value, 20,000,000 shares authorized, 13,664,989 and 13,630,666 shares issued and outstanding

137

137

136

136

136

136

136

136

136

136

134

134

134

134

133

133

133

133

131

131

131

131

131

131

131

131

129

129

129

129

128

64

64

64

128

63

61

Additional paid-in capital

89,783

89,250

88,660

88,112

87,525

86,933

86,116

85,593

85,103

84,557

83,733

82,291

80,846

79,377

77,967

76,702

75,428

74,030

74,160

73,073

71,966

70,873

70,704

69,948

68,792

67,667

65,985

64,903

64,817

62,408

60,633

59,130

58,852

57,709

57,382

51,331

47,059

Retained earnings

92,715

104,519

105,808

97,136

100,808

100,101

105,954

106,161

110,957

115,686

125,517

144,724

159,100

170,603

182,308

194,617

206,271

217,236

228,278

241,728

250,292

255,474

260,919

262,752

259,000

248,184

224,008

210,324

193,333

176,464

154,451

150,184

139,449

128,018

119,333

115,744

89,622

Accumulated other comprehensive loss

-16,208

-15,191

-15,757

-15,360

-15,516

-15,773

-15,619

-14,647

-13,485

-14,486

-14,230

-14,503

-14,945

-16,309

-15,941

-14,397

-14,528

-14,193

-12,945

-5,909

-7,093

-5,150

-2,496

-1,556

-2,103

-1,161

-1,064

-775

-86

73

-225

-593

388

-334

170

718

-156

Total stockholders’ equity

166,427

178,715

178,847

170,024

172,953

171,397

176,587

177,243

182,711

185,893

195,154

212,646

225,135

233,805

244,467

257,055

267,304

277,206

289,624

309,023

315,296

321,328

329,258

331,275

325,820

314,821

289,058

274,581

258,193

239,074

214,987

208,785

198,753

185,457

177,013

167,856

136,586

Total liabilities and stockholders’ equity

191,838

205,176

202,008

195,719

199,650

202,930

199,080

187,670

193,512

197,221

205,696

221,773

232,747

244,109

254,772

266,909

274,652

289,599

303,592

323,151

326,369

343,111

354,986

361,655

368,194

365,402

327,225

315,284

293,022

294,099

259,022

240,104

233,113

210,388

196,801

198,772

163,496