Heska corp (HSKA)
Balance Sheet / Quarterly
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

191,245

89,030

80,505

9,992

9,101

13,389

9,236

13,675

12,126

9,659

7,423

3,727

12,183

10,794

9,214

6,669

6,180

6,890

5,931

6,647

5,728

5,855

5,753

6,264

6,200

6,016

6,344

5,410

5,459

5,784

5,717

7,624

6,008

6,332

7,523

5,707

5,492

Accounts receivable, net of allowance for doubtful accounts of $232 and $186, respectively

14,838

15,161

13,715

12,775

16,202

16,454

13,647

12,999

14,293

15,367

13,492

14,459

14,197

20,857

15,981

14,596

13,707

15,935

13,972

11,368

11,515

11,919

12,818

11,995

10,274

11,409

7,662

8,393

9,945

11,044

8,797

8,095

9,666

7,938

8,848

9,065

8,866

Due from – related parties

-

-

-

-

-

-

0

0

0

1

22

21

115

100

1,353

1,979

244

308

503

848

840

892

908

1,094

1,024

1,200

-

-

-

-

-

-

-

-

-

-

-

Inventory, Net

29,056

26,601

26,215

28,977

27,388

25,104

27,639

28,873

30,301

32,596

30,013

26,068

24,920

20,395

19,776

18,076

18,613

16,101

17,702

16,836

15,711

12,658

12,088

12,666

12,345

11,687

13,569

14,300

15,082

12,483

12,316

11,688

12,764

12,401

11,500

11,419

11,901

Contract acquisition costs, current

-

-

-

-

-

-

840

865

874

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment in leases, current, net of allowance for doubtful accounts of $105 and $40, respectively

4,020

3,856

3,593

3,379

3,225

2,989

2,777

2,593

2,302

2,069

-

-

-

825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

2,711

2,219

3,028

2,322

-

1,533

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,448

1,468

1,482

-

2,137

2,177

2,177

2,156

404

238

455

1,130

674

891

1,009

1,170

1,299

1,328

53

Other current assets

3,790

3,000

2,695

3,044

4,620

2,938

3,904

3,073

2,992

3,096

6,022

3,713

3,499

2,302

1,641

1,367

1,440

2,028

1,719

1,640

1,848

1,587

1,066

1,030

996

1,443

1,466

1,055

1,148

2,514

1,476

1,430

1,225

1,050

918

899

967

Total current assets

245,660

139,867

129,751

60,489

60,536

62,407

58,043

62,078

62,888

62,788

56,972

47,988

54,914

55,273

47,965

42,687

40,184

41,262

41,275

38,807

37,124

32,911

34,770

35,226

33,016

33,911

29,445

29,396

32,089

32,955

28,980

29,728

30,672

28,891

30,088

28,418

27,279

Property, Plant and Equipment, Net

15,076

15,469

14,623

15,318

15,511

15,981

16,284

16,587

16,858

17,331

16,147

16,159

16,358

16,581

17,260

17,652

17,761

17,020

15,727

14,886

14,080

13,410

13,184

12,258

11,384

9,928

8,444

7,044

6,543

6,005

5,484

5,188

5,080

4,869

4,732

4,998

5,486

Operating lease right-of-use assets

5,404

5,726

5,870

6,092

6,414

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note receivable  related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,528

1,516

1,504

1,492

1,481

1,466

1,451

1,436

1,421

1,407

1,657

1,379

1,364

0

-

-

-

-

-

-

-

Goodwill

36,095

36,204

27,216

27,190

27,311

26,679

28,349

26,673

26,710

26,687

26,688

26,706

26,663

26,647

29,252

29,248

20,992

20,910

21,027

21,132

21,165

21,205

21,308

21,516

21,511

21,571

21,619

21,641

21,739

1,120

1,090

1,074

1,041

1,000

1,048

1,128

999

Other intangible assets, net

11,061

11,472

9,206

9,526

9,923

9,764

-

1,764

1,861

1,958

2,055

2,152

2,249

2,346

-

-

-

56

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

8,027

6,429

6,634

15,920

15,176

14,121

13,851

11,970

12,173

11,877

20,299

21,052

22,582

21,122

22,747

24,664

25,302

25,883

24,252

24,954

25,470

27,210

25,821

26,239

26,262

26,358

29,056

29,215

27,757

26,746

27,424

27,196

27,151

27,134

27,154

27,279

29,284

Contract acquisition costs, non-current

-

-

-

-

-

-

1,623

1,623

1,526

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment in leases, non-current

14,373

14,307

13,515

13,033

12,615

11,908

11,521

11,141

10,369

9,615

-

-

-

4,833

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

7,295

7,424

7,563

7,711

7,837

8,018

8,089

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

7,990

7,526

9,633

7,565

7,457

7,574

6,360

6,191

5,335

5,188

13,485

12,352

10,799

4,042

7,088

5,374

4,325

3,072

2,247

1,635

1,032

642

550

442

432

378

212

70

72

0

-

-

-

-

-

-

-

Total assets

350,981

244,424

224,011

162,844

162,780

156,452

144,120

138,027

137,720

135,444

135,646

126,409

133,565

130,844

124,312

119,625

110,092

109,719

106,032

102,906

100,352

96,844

97,084

97,117

94,026

93,553

90,433

88,745

89,564

66,826

62,978

63,186

63,944

61,894

63,022

61,823

63,048

LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY
Liabilities
Current liabilities:
Accounts payable

7,137

6,600

5,524

7,330

7,746

7,469

4,545

7,038

6,226

9,489

10,374

7,410

5,669

6,343

6,027

6,011

5,941

7,624

7,240

6,147

5,138

4,897

4,662

5,106

6,325

4,448

5,177

5,721

7,590

5,298

4,676

3,891

5,164

3,999

4,593

3,516

4,162

Due to related parties

-

-

0

0

0

226

280

367

677

1,828

-

-

-

1,578

-

-

-

-

64

698

275

252

706

667

99

0

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

10,091

6,345

5,302

3,755

10,647

10,142

10,518

3,143

7,441

4,074

4,649

4,668

6,259

5,581

6,045

5,227

6,661

5,416

6,313

5,520

5,884

5,130

4,675

4,262

4,274

4,420

5,301

4,882

3,475

4,132

3,578

3,953

3,364

2,311

4,114

3,951

3,087

Accrued purchase consideration payable

0

14,579

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current operating lease liabilities

1,755

1,745

1,714

1,685

1,693

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

1,077

-

-

521

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

536

534

532

-

-

-

-

Current portion of deferred revenue, and other

2,923

2,930

2,687

2,615

2,704

2,526

2,766

3,008

3,090

3,992

3,466

3,424

3,489

3,560

3,398

3,926

3,896

5,461

3,943

4,506

4,747

4,584

4,994

4,205

3,646

3,908

3,664

3,644

2,756

2,407

2,119

2,139

1,962

1,902

2,182

2,241

1,811

Other short-term borrowings, including current portion of long-term note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

375

412

159

159

159

159

159

141

159

159

159

132

232

986

982

0

-

-

-

-

-

-

-

Total current liabilities

21,906

32,199

15,227

15,385

22,790

20,363

24,128

19,575

23,434

19,383

24,802

19,535

29,993

32,414

17,398

15,576

17,455

18,803

19,393

18,403

17,884

15,052

17,040

16,974

15,425

17,706

18,655

17,224

19,909

14,389

10,909

10,517

11,022

9,289

10,889

9,708

12,660

Convertible note, long-term, net

46,872

45,348

43,823

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, net of current portion

5,521

5,966

6,183

6,442

6,728

7,082

8,391

8,530

9,196

8,431

9,817

10,299

10,874

11,455

11,357

11,391

11,323

11,572

11,521

12,062

12,191

12,754

12,951

13,319

13,840

11,298

9,372

9,405

5,233

3,575

3,698

3,905

3,984

4,166

4,200

4,379

4,590

Other long-term borrowings

1,110

1,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit and other long-term borrowings

-

-

-

-

-

6,000

-

-

-

6,000

-

-

-

-

171

229

32

69

104

140

175

227

243

276

309

369

402

435

468

-

-

-

-

-

-

-

-

Obligation to purchase minority interest

-

-

-

-

-

-

-

-

-

-

0

0

13,757

14,602

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Line of credit

-

-

0

12,750

6,026

-

6,019

6,019

6,000

-

6,313

4,033

819

750

1,553

0

798

143

1,674

1,373

1,681

48

1,844

2,575

922

4,798

4,281

1,991

5,106

2,552

-

0

0

0

0

0

3,079

Non-current operating lease liabilities

4,092

4,413

4,578

4,819

5,122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

678

691

-

-

-

0

-

-

-

-

-

-

-

-

-

905

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

141

152

217

196

175

598

-

-

-

1,190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

80,320

89,890

70,028

39,592

40,841

34,043

32,519

28,105

32,630

35,004

34,619

29,834

40,867

43,869

28,926

28,101

28,810

30,444

31,018

30,605

30,250

28,033

30,234

30,569

29,574

29,373

28,429

27,064

25,610

17,964

14,607

14,422

15,006

13,455

15,089

14,087

17,250

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Redeemable non-controlling interest and mezzanine equity

23

170

300

330

662

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-Controlling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,595

15,866

15,777

15,747

15,855

15,705

15,825

15,679

15,519

14,865

14,246

13,659

13,105

12,551

12,003

0

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, $.01 par value, 2,500,000 and 2,500,000 shares authorized, respectively, 122,000 and 0 shares issued and outstanding, respectively

1

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, 10,250,000 and 10,250,000 shares authorized, respectively, none issued or 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

Public common stock, $.01 par value, 10,250,000 and 10,250,000 shares authorized, 7,843,079 and 7,881,928 shares issued and outstanding, respectively

78

79

78

78

77

77

76

75

74

73

72

72

71

70

69

69

66

66

66

65

65

63

63

63

61

58

58

58

58

54

54

54

53

52

52

52

52

Public Common Stock subject to redemption

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,116

3,405

2,431

2,888

3,894

0

-

-

-

-

-

-

-

Additional paid-in capital

412,152

290,216

288,181

256,952

255,150

257,034

249,755

246,422

243,377

243,598

242,998

240,621

239,998

238,635

236,014

235,255

227,798

227,267

225,123

223,829

222,782

222,297

221,331

221,446

216,681

217,588

218,949

219,578

218,405

218,544

218,493

218,356

218,116

217,778

217,603

217,493

217,240

Accumulated other comprehensive income

157

513

140

298

215

277

216

201

313

232

222

267

153

97

168

139

186

187

338

452

359

283

389

641

592

580

330

216

189

296

245

206

350

242

394

595

284

Accumulated deficit

-141,750

-136,444

-134,716

-134,406

-134,165

-134,979

-138,446

-136,776

-138,674

-143,463

-142,265

-144,385

-147,524

-151,827

-156,460

-159,805

-162,545

-163,992

-166,368

-167,750

-168,929

-169,511

-170,452

-170,467

-171,244

-171,110

-172,869

-173,610

-170,595

-170,032

-170,421

-169,852

-169,581

-169,633

-170,116

-170,404

-171,778

Total stockholders' equity

270,638

154,364

153,683

122,922

121,277

122,409

111,601

109,922

105,090

100,440

101,027

96,575

92,698

86,975

79,791

75,658

65,505

63,528

59,159

56,596

54,277

53,132

51,331

51,683

46,090

47,116

46,468

46,242

48,057

48,862

48,371

48,764

48,938

48,439

47,933

47,736

45,798

Total liabilities, mezzanine equity and stockholders' equity

350,981

244,424

224,011

162,844

162,780

156,452

144,120

138,027

137,720

135,444

135,646

126,409

133,565

130,844

124,312

119,625

110,092

109,719

106,032

102,906

100,352

96,844

97,084

97,117

94,026

93,553

90,433

88,745

89,564

66,826

62,978

63,186

63,944

61,894

63,022

61,823

63,048