Icf international, inc. (ICFI)
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

58,661

6,482

7,452

6,304

5,689

11,694

5,804

6,322

19,292

11,809

6,485

9,493

8,207

6,042

9,647

10,848

9,359

7,747

5,722

7,449

7,025

12,122

7,509

8,026

20,204

8,953

6,006

5,486

4,465

14,725

6,062

5,257

5,713

4,097

2,010

2,677

3,301

Restricted cash - current

-

-

-

-

-

-

-

-

-

11,191

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract receivables, net

238,474

261,176

269,368

276,982

222,472

230,966

194,202

174,652

167,170

168,318

288,060

288,178

278,795

281,365

273,298

282,673

276,413

256,965

271,671

283,206

276,399

260,254

248,154

253,376

242,915

205,062

216,439

207,440

207,840

204,938

205,636

219,756

223,251

209,426

187,168

184,409

176,963

Contract assets

151,558

142,337

153,055

141,960

151,805

126,688

143,161

130,241

128,522

123,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

19,885

17,402

19,459

16,733

15,548

16,253

16,608

16,393

15,010

11,327

12,902

13,278

13,294

11,724

13,163

19,109

15,204

10,032

11,076

9,011

11,572

10,338

13,892

16,366

9,181

7,847

10,236

10,960

6,653

7,608

8,053

9,355

6,009

7,948

8,673

9,395

6,995

Income tax receivable

10,280

7,320

7,621

12,194

4,222

6,505

10,275

12,134

7,008

5,596

1,598

5,325

1,362

-

2,960

-

-

45,425

0

0

826

5,715

3,528

7,507

989

4,482

2,719

3,660

4,299

11,231

1,813

6,485

484

1,155

1,503

2,761

1,628

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,478

5,588

5,206

-

5,752

4,564

4,973

Total Current Assets

478,858

434,717

456,955

454,173

399,736

392,106

370,050

339,742

337,002

331,438

309,045

316,274

301,658

299,131

299,068

312,630

300,976

274,744

288,469

299,666

295,822

288,429

273,083

285,275

273,289

226,344

235,400

227,546

223,257

238,502

226,042

246,441

240,663

230,589

205,106

203,806

193,860

Property and Equipment, net

61,951

58,237

57,189

54,455

50,888

48,105

45,742

44,937

37,260

38,052

36,027

37,881

38,719

40,484

42,996

44,069

44,266

-

45,078

43,292

40,523

43,241

28,920

30,478

31,262

30,214

27,732

27,927

28,516

28,860

27,878

27,991

29,301

21,067

16,843

17,247

18,887

Other Assets:
Restricted cash - non-current

-

-

-

-

-

1,292

1,286

1,279

1,273

1,266

1,251

1,254

1,247

1,843

1,327

1,365

1,374

1,362

1,403

1,389

1,445

1,478

1,548

2,096

2,097

1,864

2,042

2,168

2,013

2,015

1,822

1,639

1,215

1,208

1,551

1,735

3,179

Goodwill

905,177

719,934

716,699

719,117

720,360

715,644

702,585

693,027

694,338

686,108

685,922

685,071

683,998

683,683

684,793

685,389

687,334

687,404

690,576

693,188

692,454

687,778

461,659

459,471

464,285

418,839

421,480

410,482

410,482

410,583

409,979

407,862

406,799

401,134

327,032

325,835

323,467

Other intangible assets, net

70,048

25,829

27,478

29,548

33,520

35,494

33,234

33,437

35,861

35,304

37,971

40,692

43,408

46,129

49,296

52,464

55,649

58,899

63,409

68,104

72,392

76,707

15,852

18,125

19,662

12,239

14,738

16,264

18,622

21,016

24,788

27,952

32,476

33,740

20,817

22,685

26,148

Operating lease - right-of-use assets

145,344

133,965

138,156

132,715

127,587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

22,645

23,352

23,939

23,762

22,530

21,221

23,147

22,129

21,287

18,087

17,431

16,874

14,883

14,301

14,586

13,428

12,566

12,456

13,121

13,470

13,298

12,707

12,419

12,462

11,592

11,414

10,887

9,601

9,608

8,745

9,097

8,937

8,895

6,877

6,846

7,520

7,278

Total Assets

1,684,023

1,396,034

1,420,416

1,413,770

1,354,621

1,213,862

1,176,044

1,134,551

1,127,021

1,110,255

1,087,647

1,098,046

1,083,913

1,085,571

1,092,066

1,109,345

1,102,165

1,080,290

1,102,056

1,119,109

1,115,934

1,110,340

793,481

807,907

802,187

700,914

712,279

693,988

692,498

709,721

699,606

720,822

719,349

694,615

578,195

578,828

572,819

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current portion of long-term debt

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

92,818

134,578

97,359

95,068

87,039

102,599

69,168

63,705

68,601

75,074

62,604

60,734

54,129

70,586

57,429

57,733

49,644

63,738

58,115

61,513

54,706

65,755

44,729

48,340

49,392

45,544

42,104

37,541

43,806

44,665

42,520

39,064

40,628

38,685

32,490

33,255

29,866

Contract liabilities

29,318

37,413

32,086

33,435

35,936

33,494

26,489

25,886

32,281

38,571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities - current

33,333

32,500

30,935

29,238

30,324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued salaries and benefits

57,615

52,130

67,163

47,636

50,014

44,103

58,802

44,125

46,542

45,645

54,807

40,793

50,087

39,763

61,973

61,401

48,362

43,118

46,113

46,049

39,999

56,314

44,017

45,695

34,253

45,994

39,176

41,423

36,924

42,264

46,446

47,431

41,301

46,215

44,235

42,911

40,750

Accrued subcontractors and other direct costs

34,906

45,619

40,507

41,275

49,955

58,791

40,347

30,228

34,711

47,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

31,893

35,742

34,032

27,311

27,902

39,072

29,418

24,891

25,069

17,572

44,377

44,540

45,925

52,631

47,536

42,552

39,192

43,001

44,867

40,823

38,047

42,308

40,445

37,709

40,503

32,256

34,359

30,138

28,025

31,779

32,269

28,063

28,898

29,252

26,695

24,772

25,522

Deferred revenue

-

-

-

-

-

-

-

-

-

-

34,485

27,113

27,280

29,394

30,472

32,570

29,742

30,523

34,543

31,517

36,672

31,554

20,471

20,749

23,536

20,282

19,069

21,097

22,471

22,333

18,843

22,956

24,241

20,180

20,887

20,596

20,034

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

0

0

106

0

305

6,259

2,604

5,488

2,144

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,984

7,685

7,594

7,312

-4,155

-6,000

-6,617

6,144

-5,237

-4,728

-3,561

-5,790

-

-

-

7,963

-

-

-

Total Current Liabilities

289,883

337,982

302,082

273,963

281,170

278,059

224,224

188,835

207,204

224,370

196,273

173,180

177,421

192,480

197,410

194,561

173,199

182,984

196,110

189,731

177,018

203,243

153,817

158,493

154,301

150,220

139,945

134,927

134,787

146,831

140,078

137,514

135,068

134,332

124,307

121,534

116,172

Long-term Liabilities:
Long-term debt

506,979

164,261

245,000

288,500

232,318

200,424

232,504

243,645

231,490

206,250

230,080

278,000

275,843

259,389

281,194

317,904

337,930

311,532

332,155

360,000

377,299

350,052

115,216

132,808

127,208

40,000

64,064

75,000

86,711

105,000

115,000

143,530

152,146

145,000

50,000

63,414

85,000

Operating lease liabilities - non-current

128,990

119,250

124,864

116,940

112,676

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

13,938

14,335

14,214

13,955

15,119

14,970

14,983

15,035

15,600

15,716

15,691

15,755

15,785

15,732

15,601

21,116

19,997

14,805

14,455

13,824

12,912

12,286

11,772

11,201

10,599

9,811

9,437

7,706

7,223

6,828

6,312

5,142

Deferred income taxes

39,494

37,621

40,281

42,079

43,344

40,165

37,330

34,831

36,386

33,351

47,160

44,439

43,843

39,114

37,287

34,823

35,260

33,326

23,757

23,828

24,489

27,886

-11,944

-10,719

-10,670

10,780

-10,114

-11,902

-10,890

-9,081

8,628

10,435

10,115

9,247

8,379

9,560

10,068

Other long-term liabilities

27,921

22,369

22,687

25,607

22,542

20,859

16,978

17,655

15,485

15,135

14,378

14,314

9,518

12,984

10,010

10,058

11,793

13,387

16,924

16,104

9,025

8,473

9,027

9,591

9,003

12,911

18,744

9,251

9,703

9,460

9,566

10,930

11,247

5,785

5,100

5,250

3,704

Total Liabilities

993,267

681,483

734,914

747,133

692,050

553,445

525,371

499,180

504,520

494,225

502,861

524,916

521,660

519,567

541,617

573,037

573,937

557,014

584,678

605,264

608,947

609,651

304,809

326,066

315,006

226,823

245,153

242,852

253,292

280,971

283,083

311,846

316,282

301,587

194,614

206,070

220,086

Contingencies (Note 18)

-

-

-

-

-

-

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

Stockholders’ Equity:
Preferred stock, par value $.001; 5,000,000 shares authorized; none 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

Common stock, par value $.001; 70,000,000 shares authorized; 23,106,335 and 22,846,374 shares issued at March 31, 2020 and December 31, 2019, respectively; 18,827,268 and 18,867,555 shares outstanding at March 31, 2020 and December 31, 2019, respectively

23

23

23

23

23

22

22

22

22

22

22

22

22

22

22

22

21

21

21

21

21

21

21

21

21

21

21

20

20

20

20

20

20

20

20

20

20

Additional paid-in capital

350,658

346,795

340,626

335,345

330,763

326,208

322,600

317,013

311,941

307,821

305,394

300,394

297,077

292,427

289,828

286,350

282,838

280,113

277,300

274,748

271,313

267,206

263,740

262,291

258,223

250,698

246,680

242,207

239,530

237,262

234,752

232,159

229,885

227,577

227,031

225,058

220,891

Retained earnings

552,303

544,840

528,103

511,095

499,126

486,442

470,386

456,358

445,375

434,766

407,696

394,004

382,067

371,890

359,217

345,780

334,993

325,306

314,556

303,011

293,837

285,937

277,174

265,621

255,623

245,907

238,151

227,020

216,689

206,577

197,358

187,785

177,439

168,502

159,660

150,326

133,637

Treasury stock, 4,279,067 and 3,978,819 shares at March 31, 2020 and December 31, 2019, respectively

188,961

164,963

164,848

164,705

155,073

139,704

134,191

130,446

130,578

121,540

121,716

114,122

107,645

88,695

88,019

85,410

81,216

74,673

67,529

60,865

53,615

49,994

50,378

45,562

25,349

21,545

16,488

16,428

15,547

13,868

14,267

9,564

3,083

2,266

2,595

2,322

1,291

Accumulated other comprehensive loss

-23,267

-12,144

-18,402

-15,121

-12,268

-12,551

-8,144

-7,576

-4,259

-5,039

-6,610

-7,168

-9,268

-9,640

-10,599

-10,434

-8,408

-7,491

-6,970

-3,070

-4,569

-2,481

-1,885

-530

-1,337

-990

-1,238

-1,683

-1,486

-1,241

-1,340

-1,424

-1,194

-805

-535

-324

-524

Total Stockholders’ Equity

690,756

714,551

685,502

666,637

662,571

660,417

650,673

635,371

622,501

616,030

584,786

573,130

562,253

566,004

550,449

536,308

528,228

523,276

517,378

513,845

506,987

500,689

488,672

481,841

487,181

474,091

467,126

451,136

439,206

428,750

416,523

408,976

403,067

393,028

383,581

372,758

352,733

Total Liabilities and Stockholders’ Equity

1,684,023

1,396,034

1,420,416

1,413,770

1,354,621

1,213,862

1,176,044

1,134,551

1,127,021

1,110,255

1,087,647

1,098,046

1,083,913

1,085,571

1,092,066

1,109,345

1,102,165

1,080,290

1,102,056

1,119,109

1,115,934

1,110,340

793,481

807,907

802,187

700,914

712,279

693,988

692,498

709,721

699,606

720,822

719,349

694,615

578,195

578,828

572,819