Iec electronics corp. (IEC)
Balance Sheet / Yearly
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'11Sep'10
ASSETS
Current assets:
Cash

0

0

0

0

0

0

0

0

0

0

0

77

509

444

845

603

1,126

85

407

290

792

354

1,980

679

652

1,733

2,499

3,103

2,781

2,778

2,662

0

0

0

0

0

0

Accounts receivable, net of allowance

26,539

28,514

27,618

26,612

27,822

22,716

25,168

19,668

21,417

13,818

17,887

15,915

14,713

11,426

17,140

19,098

18,231

20,070

24,923

21,024

20,790

20,973

22,347

23,245

25,083

21,729

27,945

22,944

20,190

20,279

23,193

22,678

20,979

19,439

19,423

20,303

16,288

Unbilled contract revenue

10,601

10,003

9,529

7,305

6,043

6,103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

45,053

44,959

44,267

44,889

38,843

37,214

34,126

26,074

20,976

20,887

15,605

18,231

16,477

14,486

15,384

20,113

23,894

26,177

25,753

27,434

27,237

28,116

22,526

20,709

19,745

21,217

21,904

21,671

17,868

19,708

17,697

19,566

19,005

17,111

16,093

17,481

12,068

Federal income tax receivable

1,034

-

517

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets Held-for-sale, Not Part of Disposal Group, Current

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,611

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Assets, Net of Valuation Allowance, Current

-

517

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

1,382

1,382

1,365

1,389

1,366

1,365

3,863

3,863

3,863

3,863

3,940

3,359

Other current assets

1,721

2,065

1,454

1,893

1,800

1,527

1,747

1,222

1,255

1,253

1,018

944

997

1,002

1,214

1,340

1,259

1,759

1,444

1,952

4,048

1,719

3,597

2,107

1,124

1,002

610

800

754

753

401

560

2,714

2,924

1,834

356

261

Total current assets

84,948

86,058

83,385

80,699

74,508

67,560

61,041

46,964

44,898

35,958

34,510

35,167

32,696

27,358

39,194

41,154

44,510

48,091

52,527

50,700

52,867

51,162

50,450

46,740

46,604

47,063

54,340

49,883

42,982

44,884

45,318

46,667

46,561

43,337

41,213

42,080

31,976

Property, plant and equipment, net

19,232

19,000

19,433

19,331

19,614

19,966

20,110

18,806

16,708

17,989

17,777

16,871

17,010

16,781

10,994

15,231

15,065

15,288

15,443

16,956

17,538

17,959

17,850

18,489

19,261

19,107

17,946

18,316

17,744

17,318

17,120

17,523

17,747

18,219

17,886

18,195

13,098

Deferred income taxes

5,953

-

7,154

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

75

85

-

105

115

124

134

144

2,265

2,329

2,392

2,456

2,520

2,583

2,647

5,172

5,285

5,398

5,511

5,625

5,738

5,851

5,964

6,077

331

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

101

100

-

101

101

101

101

101

2,005

2,005

2,005

2,005

2,005

2,005

2,005

13,810

13,810

13,810

13,810

13,810

13,810

13,810

13,810

13,810

58

Deferred income taxes

-

6,834

-

7,999

8,220

8,419

8,855

1,010

1,010

1,010

0

-

-

-

-

3

-

-

-

-

-

0

-

0

0

12,281

11,652

6,919

7,119

6,176

6,018

3,664

4,738

6,267

6,768

7,430

10,113

Operating Lease and Finance Lease, Right-of-Use Asset

275

293

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, current

59

63

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

976

861

860

862

695

697

442

127

137

148

160

172

8

10

209

268

264

317

57

161

52

202

299

238

339

416

345

374

95

107

121

135

150

164

179

192

106

Discontinued operations - long term assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

111,384

113,046

110,832

108,891

103,037

96,642

90,448

66,907

62,753

55,105

52,447

52,210

49,890

44,335

50,397

56,862

60,055

63,921

68,262

68,062

74,727

73,657

72,996

69,928

70,729

83,455

88,935

94,474

87,035

87,693

87,898

87,424

88,744

87,648

85,820

87,784

55,682

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt

1,371

1,371

1,371

1,371

1,632

1,841

1,449

1,172

2,430

1,626

987

987

1,530

1,578

2,908

2,665

2,679

2,918

2,908

14,148

16,940

2,908

2,908

2,908

2,908

2,908

2,778

2,778

2,929

3,380

6,533

6,750

6,779

6,809

6,896

6,939

2,899

Current portion of capital lease obligation

419

411

338

331

324

316

306

302

226

220

215

210

206

203

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities, current

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligation

20,688

25,505

23,690

29,510

26,405

28,611

28,689

17,582

17,740

15,505

13,046

12,868

11,784

8,969

10,864

13,616

11,839

13,320

18,336

17,695

17,633

19,668

17,732

14,340

15,304

13,295

16,508

17,133

12,925

12,360

15,697

13,473

16,303

15,012

12,750

7,766

8,145

Accounts payable

1,486

2,120

3,174

3,165

1,944

2,223

1,796

2,127

1,651

1,459

1,013

1,473

1,207

1,351

3,365

3,638

3,606

2,906

2,338

2,177

2,481

2,399

3,203

2,869

2,557

2,040

2,464

2,251

2,258

1,991

2,676

2,987

2,707

2,837

3,092

2,212

2,279

Accrued payroll and related expenses

485

647

668

543

557

527

458

501

468

476

444

405

496

410

529

662

679

1,177

1,318

1,075

1,826

992

1,008

947

960

894

811

919

920

755

946

698

775

928

851

1,155

941

Customer deposits

15,802

-

13,229

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

-

15,098

-

9,750

10,226

8,673

-

2,401

838

1,765

1,611

721

2,161

1,164

1,756

3,186

4,746

5,585

5,761

5,070

3,200

2,542

1,553

928

438

1,199

187

12

39

90

146

200

266

320

332

406

0

Contract with Customer, Liability

-

-

-

-

-

-

7,595

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

40,310

45,215

42,470

44,670

41,088

42,191

40,293

24,085

23,353

21,051

17,316

16,664

17,384

13,675

19,422

23,767

23,549

25,906

30,661

40,165

42,080

28,509

26,404

21,992

22,167

20,336

22,748

23,093

19,071

18,576

25,998

24,108

26,830

25,906

23,921

18,478

14,264

Long-term debt

28,182

26,432

28,910

26,622

25,574

18,754

16,002

17,800

17,275

13,456

14,023

15,077

12,950

10,425

16,732

18,943

24,161

27,306

28,323

18,867

19,595

27,765

28,479

31,578

32,229

32,193

34,026

30,630

27,756

28,227

21,104

23,771

24,379

26,952

28,213

38,438

15,999

Long-term capital lease obligation

6,837

6,946

6,685

6,772

6,857

6,942

7,027

7,103

5,246

5,305

5,362

5,417

5,471

5,514

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, non-current

215

230

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities, non-current

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

1,465

1,496

1,527

1,558

1,589

1,700

1,750

1,804

1,143

1,265

1,317

1,371

1,425

1,576

379

583

544

484

590

584

625

667

708

153

158

163

167

185

227

-

0

-

-

-

-

-

-

Total liabilities

77,009

80,319

79,592

79,622

75,108

69,587

65,072

50,792

47,017

41,077

38,018

38,529

37,230

31,190

36,533

43,293

48,254

53,696

59,574

59,616

62,300

56,941

55,591

53,723

54,554

52,692

56,941

53,908

47,054

46,803

47,102

47,879

51,209

52,858

52,134

56,916

30,263

STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value: 500,000 shares authorized; 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

0

0

Common stock, $0.01 par value: Authorized: 50,000,000 shares; Issued: 11,372,111 and 11,330,151 shares, respectively; Outstanding: 10,316,623 and 10,274,663 shares, respectively

103

103

103

103

103

102

102

102

102

102

-

102

114

-

-

113

113

112

112

112

112

112

111

111

112

111

110

109

109

110

109

109

109

108

108

108

101

Additional paid-in capital

48,424

48,299

48,001

47,824

47,695

47,492

47,326

47,186

47,011

46,882

46,789

46,796

46,557

-

46,305

46,175

46,013

45,899

45,845

45,765

45,729

44,407

44,302

44,132

44,032

43,906

43,802

43,708

43,505

43,269

43,075

42,759

42,952

42,816

42,660

42,473

41,138

Accumulated deficit

-12,563

-14,086

-15,275

-17,069

-18,280

-18,950

-20,463

-29,584

-29,788

-31,367

-30,873

-31,628

-32,422

-31,819

-30,954

-31,130

-32,736

-34,197

-35,740

-35,902

-31,885

-26,349

-25,554

-26,588

-26,529

-11,814

-10,483

-1,816

-2,198

-1,054

-953

-1,888

-4,091

-6,699

-7,647

-10,278

-14,407

Treasury stock, at cost: 1,055,488 shares

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,589

1,529

1,529

1,529

1,454

1,454

1,450

1,440

1,440

1,435

1,435

1,435

1,435

1,435

1,435

1,435

1,435

1,435

1,435

1,413

Total stockholders’ equity

34,375

32,727

31,240

29,269

27,929

27,055

25,376

16,115

15,736

14,028

14,429

13,681

12,660

13,145

13,864

13,569

11,801

10,225

8,688

8,446

12,427

16,716

17,405

16,205

16,175

30,763

31,994

40,566

39,981

40,890

40,796

39,545

37,535

34,790

33,686

30,868

25,419

Total liabilities and stockholders’ equity

111,384

113,046

110,832

108,891

103,037

96,642

90,448

66,907

62,753

55,105

52,447

52,210

49,890

44,335

50,397

56,862

60,055

63,921

68,262

68,062

74,727

73,657

72,996

69,928

70,729

83,455

88,935

94,474

87,035

87,693

87,898

87,424

88,744

87,648

85,820

87,784

55,682