Installed Building Products, Inc. IBP Balance Sheet

Installed building products, inc. (IBP)

Balance Sheet / Quarterly

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
187,187	177,889	234,950	95,747	88,146	90,442	139,089	139,746	19,906	62,510	67,008	66,690	24,607	14,482	19,050	13,742	11,700	6,818	5,265	5,562	6,346	10,761	24,732	5,133	5,150	4,065
Investments
26,487	37,961	4,980	9,923	10,026	10,060	15,358	20,312	28,798	30,053	25,114	25,293	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,638	1,638	1,708	1,708
Accounts receivable (less allowance for credit losses of $9,029 and $6,878 at March 31, 2020 and December 31, 2019, respectively)
245,469	244,519	242,065	232,111	216,997	214,121	219,444	202,150	188,651	180,725	185,470	176,769	161,936	128,466	125,058	117,286	107,290	103,198	98,406	88,656	74,388	72,280	71,569	63,325	57,970	58,826
Accounts receivable, related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,651	1,350	461	-
Inventories
73,569	74,606	63,547	63,951	60,654	61,162	51,491	48,574	46,160	48,346	44,074	43,198	43,661	40,229	34,083	33,658	31,012	29,337	28,850	27,424	25,747	23,971	23,339	21,866	21,232	19,731
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	341	896	174	-
Deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,156
Other current assets
37,024	46,974	32,955	34,944	32,473	35,760	32,836	40,838	44,935	33,308	19,599	16,027	15,868	9,214	6,320	8,431	8,908	10,879	6,471	7,589	11,286	12,276	4,860	5,130	4,576	6,026
Total current assets
569,736	581,949	578,497	436,676	408,296	411,545	458,218	451,620	328,450	354,942	341,265	327,977	246,072	192,391	184,511	173,117	158,910	150,232	138,992	129,231	117,767	119,288	128,130	99,338	91,271	95,512
Property and equipment, net
106,262	106,410	102,148	92,655	91,391	90,117	85,505	85,048	84,531	81,075	78,045	73,971	71,530	67,788	65,930	62,823	60,430	57,592	53,628	47,230	42,953	39,370	37,302	35,130	32,702	29,475
Operating lease right-of-use assets
47,134	45,691	42,553	46,383	45,280	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-current assets
Goodwill
198,664	195,652	184,574	183,412	174,959	173,049	167,738	163,023	161,681	155,466	153,660	148,031	144,244	107,086	102,518	100,339	93,715	90,512	85,854	74,236	68,240	53,393	51,286	50,530	50,545	49,328
Intangibles, net
151,426	153,562	144,321	148,203	147,409	149,790	139,709	134,233	136,885	137,991	140,714	139,426	139,197	86,317	80,423	79,856	69,775	67,218	60,668	47,148	38,667	17,718	12,897	12,862	13,551	13,400
Other non-current assets
13,842	16,215	11,589	9,062	10,374	10,157	11,936	11,246	10,683	9,272	9,969	10,021	8,955	8,513	8,438	8,677	9,220	8,018	8,063	8,154	7,962	4,393	4,468	3,957	3,900	3,355
Total non-current assets
-	-	-	-	-	-	319,383	308,502	309,249	302,729	304,343	297,478	292,396	201,916	191,379	188,872	172,710	165,748	154,585	129,538	114,869	75,504	68,651	67,349	67,996	66,083
Total assets
1,087,064	1,099,479	1,063,682	916,391	877,709	834,658	863,106	845,170	722,230	738,746	723,653	699,426	609,998	462,095	441,820	424,812	392,050	373,572	347,205	305,999	275,589	234,162	234,083	201,817	191,969	191,070
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Current maturities of long-term debt
24,241	24,164	22,734	25,252	23,925	22,642	22,481	20,083	17,378	16,650	15,550	13,506	27,350	17,192	15,064	13,079	10,905	10,021	6,358	4,827	2,514	1,786	1,533	122	268	255
Current maturities of operating lease obligations
15,889	15,459	15,032	15,028	14,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current maturities of finance lease obligations
2,438	2,747	3,133	3,738	4,328	4,806	4,954	5,143	5,287	5,666	6,044	6,204	6,484	6,929	7,333	7,590	7,962	8,411	8,824	9,161	9,238	9,374	9,456	9,224	8,277	7,663
Accounts payable
90,708	98,871	100,181	96,235	88,872	96,949	94,781	87,299	87,273	87,425	82,329	76,103	76,223	67,921	60,007	60,451	55,594	50,867	57,996	51,973	47,500	46,584	47,846	44,478	43,488	40,653
Accounts payable, related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,071	1,076	-
Accrued compensation
32,264	33,636	32,793	26,964	22,371	27,923	25,370	22,117	19,003	25,399	25,975	23,083	17,879	18,212	17,464	18,826	16,747	14,488	16,484	13,112	10,542	11,311	11,370	9,142	7,806	8,942
Other current liabilities
36,025	39,272	41,576	34,760	28,680	29,366	29,510	26,802	25,277	24,666	23,703	24,866	26,866	19,851	20,206	14,519	13,574	13,635	11,016	13,572	8,983	7,501	7,039	6,165	6,474	6,930
Total current liabilities
201,565	214,149	215,449	201,977	182,417	181,686	177,096	161,444	154,218	159,806	153,601	143,762	154,802	130,105	120,074	114,465	104,782	97,422	100,678	92,645	78,777	76,556	77,244	70,202	67,389	64,443
Long-term debt
545,552	545,031	542,510	431,988	430,460	432,182	433,752	433,324	330,679	330,927	328,295	326,968	236,827	134,235	133,011	132,652	118,209	113,214	95,455	72,898	61,076	25,070	23,878	7,294	19,107	27,771
Operating lease obligations
30,741	29,785	27,129	30,964	30,682	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligations
3,412	3,597	3,682	3,943	3,974	3,824	3,870	4,752	5,525	6,479	7,509	7,715	7,671	8,364	9,215	10,183	11,264	12,031	13,451	14,846	15,758	17,508	18,815	17,369	16,109	14,370
Put option - Redeemable Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	490
Deferred income taxes
6,759	9,175	3,833	4,421	5,774	6,695	7,758	7,667	7,516	6,444	13,755	13,796	14,007	14,239	15,241	15,287	15,287	14,582	14,532	14,557	14,569	9,746	9,974	9,967	9,967	9,571
Other long-term liabilities
53,238	47,711	43,565	37,096	33,801	27,773	26,279	22,920	25,711	24,562	23,135	22,069	25,065	21,175	21,746	21,601	22,512	21,840	18,477	16,496	18,291	13,408	12,071	11,080	10,352	9,006
Total liabilities
841,267	849,448	836,168	710,389	687,108	652,160	648,755	630,107	523,649	528,218	526,295	514,310	438,372	308,118	299,287	294,188	272,054	259,089	242,593	211,442	188,471	142,288	141,982	115,912	122,924	125,651
Commitments and contingencies (Note 15)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0
Stockholders' equity
Preferred Stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at 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
Common stock; $0.01 par value: 100,000,000 authorized, 32,961,777 and 32,871,504 issued and 29,662,312 and 30,016,340 shares outstanding at March 31, 2020 and December 31, 2019, respectively
330	329	329	329	328	327	327	327	326	325	325	325	324	321	321	321	320	320	320	320	320	319	319	319	306	162
Additional paid in capital
192,564	190,230	188,216	186,182	183,836	181,815	180,106	178,266	176,349	174,043	172,206	172,006	169,917	158,581	158,218	157,858	157,224	156,688	156,104	155,530	154,598	154,497	154,497	154,497	139,957	-
Retained earnings
188,169	173,371	154,177	132,965	114,046	105,212	88,736	73,919	57,604	48,434	37,641	25,631	13,658	7,294	-3,787	-15,336	-25,329	-31,142	-40,429	-49,910	-56,417	-57,659	-62,715	-68,911	-71,218	-71,591
Treasury stock; at cost: 3,299,465 and 2,855,164 shares at March 31, 2020 and December 31, 2019, respectively
122,515	106,756	106,756	106,748	104,429	104,425	57,890	39,703	37,477	12,781	12,769	12,769	12,273	12,219	12,219	12,219	12,219	11,383	11,383	11,383	11,383	5,283	-	-	-	-
Accumulated other comprehensive loss
-12,800	-7,100	-8,452	-6,726	-3,180	-400	3,072	2,254	1,779	507	-45	-77	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' equity
245,797	250,031	227,514	206,002	190,601	182,498	214,351	215,063	198,581	210,528	197,358	185,116	171,626	153,977	142,533	130,624	119,996	114,483	104,612	94,557	87,118	91,874	92,101	85,905	69,045	-71,429
Total liabilities and stockholders' equity
1,087,064	1,099,479	1,063,682	916,391	877,709	834,658	863,106	845,170	722,230	738,746	723,653	699,426	609,998	462,095	441,820	424,812	392,050	373,572	347,205	305,999	275,589	234,162	234,083	201,817	191,969	191,070