GRUBHUB INC. GRUB Balance Sheet

Grubhub inc. (GRUB)

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
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
560	375	394	358	189	211	294	442	272	234	265	293	275	239	177	132	203	169	153	195	188	201	212	207	112	86
Short-term investments
36	49	32	18	14	14	16	38	16	23	65	80	86	84	118	136	121	141	142	111	110	111	65	-	-	-
Accounts receivable, less allowances for doubtful accounts
135	119	123	123	141	110	120	98	100	87	73	59	62	60	65	57	51	42	44	46	49	36	42	37	38	29
Income tax receivable
20	3	2	9	10	9	14	-	-	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-
Prepaid expenses and other current assets
18	17	18	23	19	17	17	12	9	6	9	8	9	12	6	6	3	3	4	3	2	2	3	2	2	2
Deferred taxes, current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	3	3	3	3
Total current assets
771	566	570	534	376	363	462	592	398	360	414	442	432	396	368	333	379	356	344	357	351	352	327	251	158	122
PROPERTY AND EQUIPMENT:
Property and equipment, net of depreciation and amortization
189	172	160	148	136	119	105	89	79	71	62	56	51	46	43	32	24	19	16	14	16	16	16	16	17	17
OTHER ASSETS:
Other assets
32	26	25	23	22	14	11	9	6	6	4	4	4	4	4	5	3	3	3	3	3	3	3	4	1	2
Operating lease right-of-use asset
101	100	100	104	78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
1,008	1,007	1,007	1,005	1,005	1,019	885	589	589	589	454	436	436	436	437	437	396	396	387	387	387	352	352	352	352	352
Acquired intangible assets, net of amortization
487	500	513	527	534	549	520	494	504	515	360	308	313	313	318	323	280	285	280	284	289	254	257	261	264	268
Total other assets
1,629	1,635	1,648	1,660	1,641	1,582	1,417	1,093	1,100	1,111	819	748	754	754	760	766	680	684	671	675	680	610	614	618	619	623
TOTAL ASSETS
2,589	2,374	2,378	2,343	2,154	2,065	1,986	1,774	1,578	1,543	1,296	1,247	1,238	1,197	1,172	1,131	1,084	1,060	1,032	1,048	1,048	978	958	885	795	762
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Restaurant food liability
152	131	130	124	140	127	122	110	126	119	89	81	94	83	78	71	74	64	62	94	115	91	91	84	96	78
Accounts payable
29	26	23	21	15	26	17	8	12	7	11	8	10	7	9	11	4	8	3	2	4	3	2	2	3	3
Accrued payroll
24	19	22	21	18	18	19	11	9	13	9	7	5	7	6	6	3	4	4	3	3	5	4	3	2	1
Taxes payable
-	-	-	-	1	-	1	1	1	3	0	0	3	0	0	1	0	0	0	0	0	1	0	1	1	1
Current portion of long-term debt
-	-	-	-	10	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current operating lease liability
11	9	8	6	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term debt
-	-	-	-	-	-	6	5	4	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring accrual
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-
Other accruals
87	61	59	46	50	44	33	35	34	26	23	16	18	11	16	14	15	11	11	12	12	8	8	9	11	7
Total current liabilities
305	249	244	220	249	223	200	172	189	174	133	114	132	110	110	103	98	89	82	113	136	111	107	102	115	92
LONG-TERM LIABILITIES:
Deferred taxes, non-current
24	27	28	32	31	46	44	70	71	74	103	98	100	108	105	103	84	87	88	91	93	91	98	98	94	90
Noncurrent operating lease liability
112	111	111	114	82	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
668	493	492	492	328	335	290	116	143	169	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accruals
0	0	0	0	0	18	19	18	17	7	6	6	6	6	6	5	5	5	5	5	5	5	5	3	2	3
Total long-term liabilities
806	632	633	640	442	400	353	205	231	251	109	105	107	114	111	109	89	93	94	97	99	97	104	102	97	94
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Redeemable common stock, $0.0001 par value, no shares and 1,344,236 shares outstanding as of December 31, 2014 and December 31, 2013, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	18
STOCKHOLDERS’ EQUITY:
Preferred Stock, $0.0001 par value. Authorized: 25,000,000 shares as of March 31, 2020 and December 31, 2019; issued and outstanding: no shares as of March 31, 2020 and December 31, 2019.
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	-	-	-	0	-	-	0	0
Common stock, $0.0001 par value. Authorized: 500,000,000 shares at March 31, 2020 and December 31, 2019; issued and outstanding: 91,916,978 and 91,576,060 shares as of March 31, 2020 and December 31, 2019, respectively
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
Accumulated other comprehensive loss
-2	-1	-2	-1	-1	-1	-1	-1	-0	-1	-1	-1	-1	-2	-1	-1	-0	-0	-0	-0	-0	-0	0	0	0	0
Additional paid-in capital
1,182	1,164	1,144	1,126	1,107	1,094	1,079	1,066	856	849	837	826	811	805	796	778	767	759	748	736	721	689	675	617	486	500
Retained earnings
297	330	358	357	356	349	354	331	301	269	216	203	188	168	154	141	128	118	107	100	91	80	70	63	61	56
Total stockholders’ equity
1,477	1,493	1,500	1,481	1,461	1,442	1,432	1,396	1,157	1,117	1,052	1,027	998	972	949	918	895	877	855	837	812	770	745	681	548	557
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
2,589	2,374	2,378	2,343	2,154	2,065	1,986	1,774	1,578	1,543	1,296	1,247	1,238	1,197	1,172	1,131	1,084	1,060	1,032	1,048	1,048	978	958	885	795	762