Pae incorporated (GRSH)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Dec'17
Assets
Current assets:
Cash and cash equivalents

99,790

68,035

1,108

142

389

856

1,559

109

Accounts receivable, net

420,765

442,180

-

-

-

-

-

-

Prepaid expenses and other current assets

46,760

43,549

-

-

-

-

-

-

Income tax receivable

-

-

-

-

19

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

153

Prepaid assets

-

-

134

174

228

206

23

-

Total current assets

567,315

553,764

1,242

317

637

1,063

1,582

262

Property and equipment, net

28,079

30,404

-

-

-

-

-

-

Deferred income taxes, net

16,597

3,212

-

-

-

-

-

-

Investments

17,747

17,925

-

-

-

-

-

-

Goodwill

409,588

409,588

-

-

-

-

-

-

Purchased intangibles, net

172,417

180,464

-

-

-

-

-

-

Operating lease right-of-use assets, net

161,700

162,184

-

-

-

-

-

-

Other noncurrent assets

9,484

13,758

-

-

-

-

-

-

Deferred tax asset

-

-

308

-

-

-

-

-

Investments and cash held in Trust Account

-

-

407,067

406,337

404,963

402,605

400,382

-

Total assets

1,382,958

1,371,299

408,618

406,654

405,601

403,668

401,965

262

Liabilities and equity
Current liabilities:
Accounts payable

122,126

124,661

-

-

-

-

-

-

Accrued expenses

100,456

102,315

1,872

39

89

25

377

111

Customer advances and billings in excess of costs

69,662

51,439

-

-

-

-

-

-

Salaries, benefits and payroll taxes

106,995

130,633

-

-

-

-

-

-

State franchise tax accrual

-

-

30

20

50

200

11

0

Notes and advances payable – related party

-

-

-

-

-

-

-

150

Accrued taxes

16,058

18,488

567

24

644

461

75

-

Current portion of long-term debt

22,894

22,007

-

-

-

-

-

-

Operating lease liabilities, current portion

35,324

36,997

-

-

-

-

-

-

Other current liabilities

32,703

30,893

-

-

-

-

-

-

Total current liabilities

506,218

517,433

2,470

83

784

687

464

261

Long-term debt, net

595,598

727,930

-

-

-

-

-

-

Long-term operating lease liabilities

130,426

129,244

-

-

-

-

-

-

Other long-term liabilities

7,397

8,601

-

-

-

-

-

-

Deferred underwriting compensation

-

-

14,000

14,000

14,000

14,000

14,000

-

Deferred income tax payable

-

-

-

274

-

-

-

-

Net deferred income tax

-

-

-

-

170

-

-

-

Total liabilities

1,239,639

1,383,208

16,470

14,358

14,954

14,687

14,464

261

Stockholders' equity:
Commitments and Contingencies:

-

-

-

-

-

-

0

-

Class A subject to possible redemption, 38,543,998 and 38,398,161 shares at December 31, 2019 and December 31, 2018, respectively (at redemption value of $10 per share)

-

-

387,148

387,243

385,646

383,981

382,500

-

Stockholders' equity:
Preferred stock, $0.0001 par value per share, 1,000,000 shares authorized; no shares issued and outstanding

0

0

-

-

-

0

0

-

Common stock, $0.0001 par value per share: 210,000,000 shares authorized; 92,040,654 and 21,127,823 shares issued and outstanding as of March 29, 2020 and December 31, 2019, respectively

9

2

-

-

-

-

-

-

Additional paid-in capital

262,284

101,743

119

23

1,621

3,285

4,791

23

Accumulated deficit

-150,314

-145,371

4,879

5,028

3,377

1,713

207

-23

Accumulated other comprehensive loss

-829

-134

-

-

-

-

-

-

Total PAE Incorporated stockholders' equity

111,150

-43,760

5,000

5,053

5,000

5,000

5,000

1

Noncontrolling interests

32,169

31,851

-

-

-

-

-

-

Total liabilities and equity

1,382,958

1,371,299

408,618

406,654

405,601

403,668

401,965

262

Class A Common Stock
Common stock value

-

-

0

0

0

0

-

-

Total stockholders' equity

-

-

0

0

0

0

-

-

Class F Common Stock
Common stock value

-

-

1

1

1

1

-

1

Total stockholders' equity

-

-

1

1

1

1

-

1