Hurco companies inc (HURC)
Balance Sheet / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Oct'10
ASSETS
Current assets:
Cash and cash equivalents

52,587

56,943

66,103

70,180

69,758

77,170

77,011

76,376

80,236

66,307

61,145

60,614

55,140

41,217

42,201

45,325

51,786

55,237

49,998

64,720

59,855

53,846

51,345

46,674

47,993

42,804

44,612

43,277

39,108

35,770

35,095

40,113

42,667

44,961

49,139

48,255

Accounts receivable, net

32,133

43,279

38,088

44,255

53,045

54,414

45,814

42,308

41,614

50,094

39,258

35,831

31,848

48,631

37,099

40,302

38,402

41,766

36,354

35,460

37,234

45,435

37,620

37,739

34,579

-

30,356

33,602

31,748

-

30,514

29,841

31,189

-

30,407

20,114

Accounts receivable, less allowance for doubtful accounts of $878 in 2014 and $540 in 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36,145

-

-

-

35,297

-

-

-

27,057

-

-

Refundable taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

-

20

204

1,418

-

1,255

1,264

1,442

-

4,383

5,093

Refundable taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,459

-

-

-

1,442

-

-

Inventories, net

150,498

148,851

153,700

148,688

146,715

137,609

135,931

134,850

131,526

119,948

128,231

118,853

117,762

117,025

126,170

122,736

109,294

106,308

111,978

92,446

91,104

95,992

99,338

95,599

93,708

95,260

96,161

90,044

91,513

91,320

95,717

92,889

80,470

81,127

75,105

55,866

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

954

714

889

2,062

2,096

2,594

2,218

2,080

2,552

2,169

2,309

1,182

744

1,394

1,296

2,692

2,804

2,467

Derivative assets

621

1,391

1,956

1,514

1,092

3,085

2,157

959

1,364

596

382

1,227

2,021

1,725

2,019

588

1,596

1,228

2,399

3,518

7,455

3,127

1,189

53

736

699

284

367

132

708

3,104

1,734

3,160

1,197

381

905

Prepaid assets

11,608

9,414

8,535

8,839

8,418

7,332

9,956

8,766

8,105

7,913

8,007

8,519

9,260

8,207

10,032

10,599

10,333

9,769

10,141

10,312

10,375

8,927

8,691

-

-

6,584

-

-

-

-

-

-

-

-

-

-

Other

2,114

1,983

2,395

2,197

2,183

1,825

2,153

3,324

2,726

1,557

2,445

2,056

1,957

1,576

1,793

1,695

2,008

1,804

1,521

1,593

1,282

1,365

1,479

9,176

9,089

1,430

9,008

8,180

8,521

7,645

9,048

8,808

7,097

5,598

5,763

3,508

Total current assets

249,561

261,861

270,777

275,673

281,211

281,435

273,022

266,583

265,571

246,415

239,468

227,100

217,988

218,381

219,314

221,245

213,419

216,112

213,345

208,763

208,194

210,754

201,758

191,838

188,326

185,002

182,993

177,843

174,749

173,381

175,477

176,043

167,321

164,074

167,982

136,208

Property and equipment:
Land

868

868

868

868

868

868

868

868

868

841

841

841

841

841

841

841

841

841

782

782

782

782

782

782

782

782

782

782

782

782

782

782

782

782

782

782

Building

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,352

7,314

7,314

7,314

7,314

7,314

7,314

7,314

7,326

7,326

7,326

7,326

7,326

7,352

7,353

7,116

7,116

7,116

7,116

7,116

Machinery and equipment

28,843

28,846

27,993

27,943

27,722

26,840

27,147

26,857

26,988

25,652

25,599

24,731

24,215

23,515

23,722

24,115

24,162

24,026

22,982

19,620

18,741

19,432

19,787

19,419

18,870

19,059

18,922

17,843

17,771

17,411

16,985

16,873

16,545

16,336

16,198

15,095

Leasehold improvements

4,936

4,902

4,629

4,028

4,011

3,801

3,815

3,871

3,762

3,503

3,665

3,590

3,510

3,487

3,419

3,404

3,219

3,323

3,338

3,362

3,294

3,523

3,594

3,577

3,577

3,634

3,629

3,588

3,548

3,467

2,999

2,821

2,559

2,508

2,366

2,183

Property and equipment, gross

41,999

41,968

40,842

40,191

39,953

38,861

39,182

38,948

38,970

37,348

37,457

36,514

35,918

35,195

35,334

35,712

35,574

35,504

34,416

31,078

30,131

31,051

31,477

31,092

30,555

30,801

30,659

29,539

29,427

29,012

28,119

27,592

27,002

26,742

26,462

25,176

Less accumulated depreciation and amortization

28,642

28,055

27,314

27,219

26,762

25,902

26,101

26,175

26,250

25,167

25,112

24,375

23,495

22,898

22,707

22,808

22,555

22,362

22,126

19,733

19,136

19,546

19,490

19,045

18,609

18,502

18,209

17,811

17,387

16,933

16,432

16,188

15,648

15,198

15,192

13,424

Total property and equipment

13,357

13,913

13,528

12,972

13,191

12,959

13,081

12,773

12,720

12,181

12,345

12,139

12,423

12,297

12,627

12,904

13,019

13,142

12,290

11,345

10,995

11,505

11,987

12,047

11,946

12,299

12,450

11,728

12,040

12,079

11,687

11,404

11,354

11,544

11,270

11,752

Non-current assets:
Software development costs, less accumulated amortization

8,216

8,318

8,129

7,904

7,641

7,452

7,059

6,828

6,595

6,226

5,888

5,520

5,119

4,926

4,659

4,419

4,063

3,905

3,821

3,644

3,455

3,519

3,625

3,638

3,697

3,714

3,870

3,885

3,921

3,969

4,040

4,166

4,560

4,928

5,274

6,042

Goodwill

5,836

5,847

2,332

2,358

2,403

2,377

2,449

2,522

2,586

2,440

2,477

2,298

2,279

2,314

2,351

2,403

2,286

2,319

0

2,360

2,373

2,606

2,771

2,861

2,789

2,807

-

-

-

233

-

-

-

-

-

-

Intangible assets, net

781

1,096

845

881

916

938

988

1,041

1,092

1,076

1,118

1,087

1,109

1,150

1,192

1,241

1,236

1,289

1,327

1,385

1,431

1,635

1,811

1,958

2,041

2,155

-

-

-

937

-

-

-

-

-

-

Operating lease - right-of-use assets, net

13,208

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

1,809

1,846

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

1,983

2,190

2,326

2,234

4,088

4,119

4,571

2,339

6,318

6,146

6,128

6,138

5,122

4,724

4,701

4,721

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,298

-

-

-

-

-

-

-

-

-

Investments and other assets, net

8,222

8,184

8,295

8,498

8,388

8,012

7,500

7,734

7,658

7,131

6,863

7,079

6,781

6,743

6,556

7,572

7,296

7,089

6,807

6,899

6,876

6,912

5,746

5,586

5,445

5,258

5,901

6,076

6,120

4,713

5,792

6,002

5,916

5,999

6,209

6,344

Total non-current assets

38,072

25,291

21,584

21,831

21,674

21,013

22,084

22,244

22,502

19,212

22,664

22,130

21,416

21,271

19,880

20,359

-

19,323

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,582

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

300,990

301,065

305,889

310,476

316,076

315,407

308,187

301,600

300,793

277,808

274,477

261,369

251,827

251,949

251,821

254,508

246,020

248,577

239,905

234,396

233,324

236,931

227,698

217,928

214,244

211,235

209,512

199,532

196,830

195,312

196,996

197,615

189,151

186,545

190,735

160,346

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

29,575

33,969

45,183

50,109

55,244

54,131

58,957

59,002

57,603

45,127

48,560

43,957

40,266

35,210

42,873

46,073

43,543

41,678

43,032

37,775

40,853

40,464

41,819

36,964

39,093

34,262

36,019

32,899

29,741

28,621

38,544

43,184

36,573

36,335

44,332

28,715

Derivative liabilities

375

388

663

961

1,241

2,020

2,111

1,877

4,156

1,732

4,698

517

489

538

776

2,258

1,631

1,071

1,340

1,116

1,269

705

668

1,737

1,447

1,212

1,909

1,177

2,883

569

447

575

856

1,609

2,017

2,123

Operating lease liabilities

4,151

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable-related parties

-

-

-

-

-

3,387

-

-

-

2,511

-

-

-

1,990

-

-

-

1,780

-

-

-

2,254

-

-

-

1,265

-

-

-

1,167

-

-

-

2,711

-

1,679

Accrued payroll and employee benefits

6,347

11,564

9,882

10,102

8,515

14,032

-

-

-

11,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

1,316

1,936

1,888

2,440

7,587

5,180

-

-

-

2,362

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

4,050

5,015

4,404

4,586

4,909

4,122

18,721

16,180

17,008

4,668

12,950

12,691

12,476

17,231

14,230

14,105

13,716

16,788

14,150

14,173

15,126

18,060

14,538

12,889

11,660

13,504

11,736

10,040

11,581

14,186

11,531

11,033

13,299

13,983

13,447

8,132

Accrued warranty

1,471

1,760

2,090

2,345

2,620

2,497

2,277

2,253

2,043

1,772

1,701

1,541

1,533

1,523

1,776

1,853

2,056

2,186

2,303

2,090

2,062

2,048

1,849

1,775

1,735

1,778

1,650

1,554

1,608

1,623

1,562

1,693

1,760

1,725

1,781

1,591

Short-term debt

-

-

0

0

0

1,434

1,468

1,579

1,590

1,507

1,487

1,451

1,453

1,476

1,503

1,545

1,521

1,583

1,611

3,226

3,198

3,272

3,239

3,195

3,301

3,665

5,737

3,244

3,216

3,206

3,143

1,991

1,506

865

854

-

Total current liabilities

47,285

54,632

64,110

70,543

80,116

86,803

83,534

80,891

82,400

70,889

69,396

60,157

56,217

57,968

61,158

65,834

62,467

65,086

62,436

58,380

62,508

66,803

62,113

56,560

57,236

55,686

57,051

48,914

49,029

49,372

55,227

58,476

53,994

57,228

62,431

42,240

Non-current liabilities:
Deferred income taxes

194

160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued tax liability

2,040

2,036

1,914

2,058

2,212

2,194

-

-

-

117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

9,412

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

3

-

2,560

2,218

1,942

-

3,253

4,492

4,618

4,294

3,556

2,848

3,600

3,998

1,111

1,221

1,194

993

804

747

744

743

918

920

910

903

2,104

1,977

1,991

1,982

2,465

2,335

Deferred credits and other

3,684

3,992

3,908

3,841

3,724

3,557

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued tax liability

-

-

-

-

-

-

2,445

2,453

2,446

-

1,168

1,178

1,153

963

977

998

941

953

-

-

-

1,054

-

-

-

1,103

-

-

-

0

-

-

-

-

-

-

Deferred credits and other

-

-

-

-

-

-

3,573

3,733

3,909

3,717

3,692

3,408

3,291

3,249

3,211

4,081

3,909

3,972

-

-

-

3,436

-

-

-

2,212

-

1,371

1,327

1,244

1,173

1,212

1,154

1,123

1,124

1,031

Accrued tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

948

966

969

-

1,127

1,167

1,135

-

1,080

-

-

-

-

-

-

-

-

-

Deferred credits and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,731

3,425

3,388

-

2,402

2,362

2,245

-

2,052

-

-

-

-

-

-

-

-

-

Total non-current liabilities

15,330

6,188

5,822

5,899

5,939

5,751

8,578

8,404

8,297

3,834

8,113

9,078

9,062

8,506

7,744

7,927

8,450

8,923

5,790

5,612

5,551

5,483

-

-

-

4,058

-

-

-

2,147

-

-

-

3,105

-

3,366

Total liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,446

60,836

61,360

-

61,101

51,205

51,266

-

58,504

61,665

57,139

-

66,020

-

Commitments and contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

Shareholders' equity:
Preferred stock: no par value per share, 1,000,000 shares authorized; no shares issued

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

0

0

0

0

0

0

Common stock: no par value, $.10 stated value per share, 12,500,000 shares authorized 6,868,950 and 6,824,451 shares issued; and 6,803,163 and 6,767,237 shares outstanding, as of January 31, 2020 and October 31, 2019, respectively

680

677

677

677

676

672

672

671

669

664

663

663

660

657

657

657

656

655

655

655

654

651

651

651

648

647

647

646

645

645

645

645

644

644

644

644

Additional paid-in capital

65,985

66,350

65,778

65,114

64,391

64,185

63,854

63,069

62,380

61,344

60,470

60,028

59,467

59,119

58,720

58,296

57,873

57,539

57,108

56,796

56,418

55,974

55,651

55,386

54,943

54,698

54,468

53,917

53,663

53,415

53,260

53,036

52,812

52,614

52,476

52,144

Retained earnings

180,444

182,151

180,873

178,200

173,766

167,859

160,303

154,545

151,536

149,267

143,236

140,014

137,029

136,742

134,337

132,209

129,130

125,760

121,482

118,325

114,889

111,580

107,174

103,255

100,175

98,130

96,554

96,023

92,840

90,586

86,500

82,543

79,581

74,948

72,294

63,824

Accumulated other comprehensive loss

-8,734

-8,933

-11,371

-9,957

-8,812

-9,863

-8,754

-5,980

-4,489

-8,190

-7,401

-8,571

-10,608

-11,043

-10,795

-10,415

-12,556

-9,386

-7,566

-5,372

-6,696

-3,560

-2,224

-2,200

-2,882

-1,984

-3,258

-2,259

-1,584

-853

-1,913

-274

-1,025

-1,994

-699

-1,872

Total shareholders' equity

238,375

240,245

235,957

234,034

230,021

222,853

216,075

212,305

210,096

203,085

196,968

192,134

186,548

185,475

182,919

180,747

175,103

174,568

171,679

170,404

165,265

164,645

161,252

157,092

152,884

151,491

148,411

148,327

145,564

143,793

138,492

135,950

132,012

126,212

124,715

114,740

Total liabilities and shareholders' equity

300,990

301,065

305,889

310,476

316,076

315,407

308,187

301,600

300,793

277,808

274,477

261,369

251,827

251,949

251,821

254,508

246,020

248,577

239,905

234,396

233,324

236,931

227,698

217,928

214,244

211,235

209,512

199,532

196,830

195,312

196,996

197,615

189,151

186,545

190,735

160,346