Harte hanks inc (HHS)
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'11Dec'10
ASSETS
Current assets
Cash and cash equivalents

23,462

28,104

31,738

39,000

20,942

20,882

10,378

20,213

22,846

8,397

11,403

13,074

43,642

46,005

6,883

12,901

11,676

16,564

24,743

31,215

33,181

56,749

67,234

77,022

84,539

88,747

76,761

63,875

61,011

49,384

35,815

34,407

30,367

86,778

71,794

47,860

85,996

Restricted cash

5,253

6,018

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable (less allowance for doubtful accounts of $848 at March 31, 2020 and $666 at December 31, 2019)

36,432

38,972

40,577

40,782

47,258

54,240

51,201

52,141

51,070

81,397

90,687

81,436

77,892

88,813

77,779

75,585

93,142

103,758

112,562

105,724

110,408

125,295

107,867

114,940

110,178

120,122

113,963

131,498

126,579

127,752

140,089

129,586

133,760

154,333

147,632

147,166

151,006

Contract assets

352

805

986

1,228

1,598

2,362

2,848

2,648

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract assets

352

805

986

1,228

1,598

2,362

2,848

2,648

5,547

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

407

354

407

409

386

448

527

462

473

587

796

779

869

838

1,021

1,241

1,122

963

1,245

1,094

1,231

1,235

1,540

1,468

1,320

1,286

1,245

4,353

4,975

779

6,140

5,881

6,108

5,680

6,957

7,578

7,324

Prepaid expenses

-

-

-

-

-

4,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

4,114

3,300

2,896

3,632

4,566

-

4,870

4,342

6,052

5,039

5,372

6,214

7,179

5,944

5,736

7,433

11,626

7,908

10,189

9,364

9,995

9,000

9,192

10,350

10,321

8,528

9,288

9,844

10,854

8,438

8,701

9,328

10,378

8,781

9,038

9,940

8,943

Prepaid taxes and income tax receivable

11,158

78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,701

3,962

4,832

-

4,942

5,900

6,030

7,696

8,083

8,206

7,052

8,181

7,652

-

-

9,590

-

-

-

Current deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,604

7,594

-

6,769

6,495

8,911

Prepaid income tax and income tax receivable

-

-

447

656

15,650

20,436

-

-

-

3,886

-

-

-

2,895

-

-

-

1,760

998

3,229

1,544

1,185

3,062

3,061

4,520

4,755

5,573

1,175

1,583

4,491

-

1,876

-

0

-

2,285

-

Prepaid taxes and income tax receivable

-

-

-

-

-

-

14,144

12,655

11,567

-

8,836

9,183

0

-

4,562

4,877

3,263

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

1,461

1,670

1,738

1,844

2,464

2,536

3,167

4,037

3,850

3,900

4,424

3,461

3,579

4,934

2,933

3,646

4,628

6,664

6,399

6,824

6,895

7,953

7,338

7,362

7,309

8,171

8,192

9,043

10,344

5,989

7,119

7,150

7,507

6,476

6,258

6,181

6,283

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

169,022

168,953

-

169,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

82,639

79,301

78,789

87,551

92,864

104,992

87,135

96,498

101,405

103,206

121,518

114,147

133,161

149,429

267,936

274,636

125,457

307,018

160,837

161,412

168,086

201,417

201,175

220,103

224,217

239,305

223,105

227,994

222,398

205,014

205,516

195,832

195,714

271,638

248,448

227,505

268,463

Total assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

49,001

-

-

-

-

-

-

-

Property, plant and equipment
Total assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,188

-

-

-

Land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-

-

-

576

-

-

-

2,288

-

-

3,325

Buildings and improvements

-

-

-

-

-

15,737

-

-

-

16,821

-

-

-

18,673

-

-

-

16,631

-

-

-

17,112

-

-

-

16,194

-

-

-

19,706

-

-

-

34,221

-

-

37,383

Equipment and furniture

-

-

-

-

-

80,230

-

-

-

84,747

-

-

-

92,367

-

-

-

99,726

-

-

-

102,688

-

-

-

104,120

-

-

-

99,325

-

-

-

157,404

-

-

185,066

Software

-

-

-

-

-

50,531

-

-

-

52,967

-

-

-

53,672

-

-

-

55,901

-

-

-

88,422

-

-

-

86,879

-

-

-

86,019

-

-

-

94,755

-

-

97,926

Software development and equipment installations in progress

-

-

-

-

-

653

-

-

-

4,005

-

-

-

600

-

-

-

1,015

-

-

-

2,390

-

-

-

3,352

-

-

-

5,426

-

-

-

3,170

-

-

2,689

Gross property, plant and equipment

-

-

-

-

-

147,151

-

-

-

158,540

-

-

-

165,312

-

-

-

173,273

-

-

-

210,612

-

-

-

210,565

-

-

-

211,052

-

-

-

291,838

-

-

326,389

Less accumulated depreciation and amortization

-

-

-

-

-

133,559

-

-

-

136,753

-

-

-

141,388

-

-

-

145,137

-

-

-

173,699

-

-

-

169,854

-

-

-

166,961

-

-

-

222,946

-

-

253,730

Property, plant and equipment (less accumulated depreciation of $122,245 at March 31, 2020 and $133,559 at December 31, 2019)

7,868

8,323

8,780

9,953

11,658

13,592

13,634

18,762

19,995

21,787

21,078

21,633

22,111

23,924

25,908

27,828

35,165

28,136

34,124

35,373

36,389

36,913

36,008

37,988

39,429

40,711

41,392

57,887

57,646

44,091

63,535

65,497

68,954

68,892

73,105

73,381

72,659

Right-of-use assets

20,250

18,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets

20,250

18,817

20,684

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets

20,250

18,817

20,684

24,137

23,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

34,510

34,510

34,510

34,510

73,179

73,179

222,452

69,699

218,972

428,909

440,008

398,164

398,164

398,164

398,164

398,164

398,164

408,715

408,715

398,164

408,715

408,715

565,651

565,651

565,651

565,651

565,651

Other intangible assets (less accumulated amortization of $2,184 at December 31, 2017)

-

-

-

-

-

-

0

0

0

2,589

2,758

2,927

3,097

3,302

3,507

3,713

3,918

4,123

4,328

4,536

7,009

2,277

2,283

2,290

2,296

2,303

2,344

5,149

5,204

5,259

5,978

6,181

14,785

5,504

15,199

15,368

15,788

Deferred tax assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

3,447

3,761

3,897

4,605

5,588

6,591

5,320

4,724

4,158

3,230

2,877

2,984

2,841

2,272

8,254

7,061

7,426

2,437

3,554

3,382

3,569

5,406

3,565

3,966

4,786

5,053

5,004

5,690

5,018

4,683

4,789

5,461

5,595

4,640

4,630

3,998

4,319

Total assets

114,204

110,202

112,150

126,246

133,581

125,175

106,089

119,984

125,558

130,812

182,741

176,201

195,720

213,437

378,784

386,417

394,418

414,413

421,815

633,612

655,061

644,177

641,195

662,511

668,892

685,536

670,009

705,435

698,981

706,212

688,533

681,686

850,699

932,513

907,033

885,903

926,880

LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61,153

69,736

4,125

3,000

75,906

18,375

18,375

18,375

18,375

18,375

16,844

15,313

13,781

12,250

12,250

12,250

12,250

12,250

10,719

69,188

71,656

165,500

133,000

Accounts payable and accrued expenses

16,666

16,917

18,131

19,159

25,602

31,052

31,200

32,796

26,597

36,130

42,458

37,505

39,542

45,563

38,124

32,988

28,080

36,617

39,364

35,906

38,162

36,478

32,965

37,127

36,877

36,756

35,787

41,358

41,510

38,092

38,679

36,028

39,251

45,588

42,827

45,979

56,085

Accrued payroll and related expenses

4,447

4,215

5,508

5,267

5,999

6,783

7,078

5,564

7,449

10,601

10,332

8,207

10,059

9,990

10,379

9,479

9,734

7,416

10,583

10,742

10,841

9,773

12,121

13,134

12,749

16,255

15,167

16,077

13,438

13,423

15,596

16,024

13,713

21,941

18,847

18,558

24,780

Deferred revenue and customer advances

3,904

4,397

4,286

5,229

6,402

6,034

6,446

6,749

-

5,342

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer postage and program deposits

8,280

9,767

6,003

-

-

6,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

2,527

2,619

2,984

3,514

3,254

3,564

3,460

3,273

3,762

3,732

4,225

4,468

4,113

4,188

5,202

4,670

4,228

6,342

4,626

4,659

4,621

6,430

5,931

6,145

6,405

8,978

7,922

9,770

8,294

8,412

10,219

21,843

20,295

10,005

21,113

21,462

28,017

Deferred revenue and customer advances

-

-

-

-

-

-

-

-

6,562

-

6,889

6,164

6,174

6,505

6,367

5,249

25,459

6,240

27,644

30,913

31,581

33,631

30,502

35,618

35,928

36,257

32,559

34,872

35,381

36,318

33,758

33,014

35,837

36,575

35,952

38,444

36,834

Income taxes payable

-

-

-

-

-

-

-

0

0

-

655

0

26,082

30,436

1,299

816

819

1,246

1,393

948

1,214

2,462

1,496

888

886

3,407

54

688

1,987

1,518

1,210

0

1,844

4,594

828

1,239

2,247

Customer postage and program deposits

-

-

-

8,052

5,066

-

4,701

5,703

8,481

11,443

6,961

7,095

7,505

7,985

9,855

12,382

13,935

12,513

15,382

13,730

15,903

17,120

16,557

20,227

21,780

23,877

18,186

19,040

15,111

19,892

14,121

-

-

15,759

-

-

-

Short-term lease liabilities

8,531

7,616

8,048

8,609

8,451

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,846

23,697

-

24,758

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

44,355

45,531

44,960

49,830

54,774

54,162

52,885

54,085

52,851

67,248

71,520

63,439

93,475

104,667

155,225

159,017

86,380

98,132

174,898

115,273

120,697

124,269

117,947

131,514

131,469

140,843

123,456

134,055

127,971

129,905

125,833

119,159

121,659

203,650

191,223

291,182

280,963

Total liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

10,564

-

-

-

1,441

-

-

-

Long-term debt

18,700

18,700

18,700

18,700

18,700

14,200

-

-

-

0

12,000

12,116

-

-

0

0

74,718

74,105

0

55,125

59,719

64,312

68,906

73,500

78,094

82,687

87,281

91,875

94,938

98,000

101,063

104,125

107,187

110,250

113,312

0

60,000

Pensions

68,977

70,000

61,518

62,128

62,494

62,214

58,555

58,816

59,074

59,338

59,723

60,141

60,568

60,836

53,725

54,224

54,721

55,491

59,502

62,115

63,729

65,156

-

-

-

39,194

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

33,887

-

-

-

29,725

-

-

-

20,277

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

0

0

0

-

32,847

31,806

30,766

-

21,760

21,059

20,358

-

19,539

18,801

17,940

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities, net

301

244

223

-

-

0

431

294

488

773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term lease liabilities

13,886

13,078

14,578

16,469

15,922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability, net

-

-

-

-

-

-

-

-

-

-

9,893

10,379

10,824

11,044

-

-

-

20,672

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

2,553

2,609

2,877

4,038

3,968

4,060

2,951

4,336

4,058

4,201

3,154

3,350

3,910

4,509

25,516

26,999

28,832

5,420

31,110

68,518

70,561

63,764

109,761

111,100

113,177

73,758

131,462

140,303

141,593

139,579

122,798

122,529

171,912

170,817

154,098

153,028

148,094

Total liabilities

148,772

150,162

142,856

151,165

155,858

134,636

114,822

117,531

116,471

165,447

189,137

181,231

199,543

210,781

256,226

261,299

265,009

274,097

285,049

319,832

332,646

317,501

296,614

316,114

322,740

336,482

342,199

366,233

364,502

378,048

349,694

345,813

400,758

486,158

458,633

444,210

489,057

Preferred Stock, $1 par value, 1,000,000 shares authorized; 9,926 shares of Series A Convertible Preferred Stock, issued and outstanding

9,723

9,723

9,723

9,723

9,723

9,723

9,723

9,723

9,723

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ deficit
Common stock, $1 par value, 25,000,000 shares authorized;12,121,484 and 12,121,484 shares issued, 6,441,752 and 6,302,936 shares outstanding at March 31, 2020 and December 31, 2019, respectively

12,121

12,121

12,121

12,121

12,115

12,115

12,115

12,108

12,075

12,075

120,747

120,740

120,475

12,044

120,431

120,398

120,265

120,147

120,143

119,919

119,793

119,607

119,598

119,487

119,479

119,187

119,069

119,063

118,957

118,737

118,718

118,692

118,673

118,487

118,485

118,451

118,296

Additional paid-in capital

417,578

447,022

447,244

451,937

452,051

453,868

455,008

457,206

457,569

457,186

348,159

349,777

350,080

458,638

351,011

352,714

352,680

353,050

349,162

347,418

346,234

346,239

346,651

346,052

345,445

345,095

343,820

343,724

341,837

341,586

342,054

342,398

341,455

341,149

340,124

339,339

336,795

Retained earnings

802,935

797,817

800,763

806,751

810,554

812,704

811,063

821,047

827,783

794,583

823,924

826,404

829,057

837,316

955,347

958,387

962,650

973,538

976,282

1,152,491

1,161,999

1,165,707

1,160,949

1,159,895

1,159,669

1,163,201

1,162,007

1,175,560

1,172,619

1,165,952

1,165,999

1,162,541

1,277,654

1,276,266

1,266,596

1,259,527

1,252,438

Less treasury stock, 5,679,732 shares at cost at March 31, 2020 and 5,818,548 shares at cost at December 31, 2019

1,213,842

1,243,509

1,244,056

1,249,061

1,249,404

1,251,388

1,252,681

1,253,404

1,254,124

1,254,176

1,254,889

1,257,168

1,257,640

1,259,164

1,260,053

1,262,282

1,262,678

1,262,859

1,263,089

1,260,459

1,257,702

1,257,648

1,255,372

1,252,582

1,251,062

1,250,311

1,249,698

1,249,698

1,249,073

1,248,377

1,246,153

1,244,208

1,244,305

1,244,224

1,244,327

1,244,336

1,236,024

Accumulated other comprehensive loss

-63,083

-63,134

-56,501

-56,390

-57,316

-46,483

-43,961

-44,227

-43,939

-44,303

-44,337

-44,783

-45,795

-46,178

-44,178

-44,099

-43,508

-43,560

-45,732

-45,589

-47,909

-47,229

-27,245

-26,455

-27,379

-28,118

-47,388

-49,447

-49,861

-49,734

-41,779

-43,550

-43,536

-45,323

-32,478

-31,288

-33,682

Total stockholders’ deficit

-44,291

-49,683

-40,429

-34,642

-32,000

-19,184

-18,456

-7,270

-636

-34,635

-6,396

-5,030

-3,823

2,656

122,558

125,118

129,409

140,316

136,766

313,780

322,415

326,676

344,581

346,397

346,152

349,054

327,810

339,202

334,479

328,164

338,839

335,873

449,941

446,355

448,400

441,693

437,823

Total liabilities, Preferred Stock and stockholders’ deficit

114,204

110,202

112,150

126,246

133,581

125,175

106,089

119,984

125,558

130,812

182,741

176,201

195,720

213,437

378,784

386,417

394,418

414,413

421,815

633,612

655,061

644,177

641,195

662,511

668,892

685,536

670,009

705,435

698,981

706,212

688,533

681,686

850,699

932,513

907,033

885,903

926,880