Jason industries, inc. (JASN)
Balance Sheet / TTM
Dec'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'13
Assets
Current assets
Cash and cash equivalents

84,526

92,695

27,911

45,153

46,698

51,370

46,232

47,991

48,887

51,391

54,919

41,476

40,861

39,537

41,326

37,382

35,944

44,438

32,967

54,928

62,279

77,428

54

129

741

973

25

Accounts receivable - net of allowances for doubtful accounts of $1,106 and $1,073 at 2019 and 2018, respectively

33,085

41,641

70,179

74,956

36,213

73,341

79,436

83,890

68,626

75,793

81,560

88,156

77,837

94,952

96,423

98,052

79,088

92,354

102,418

102,501

80,080

91,663

-

-

-

-

-

Inventories - net

49,943

55,435

67,408

66,700

49,475

65,473

68,424

75,372

70,819

70,495

69,313

71,396

73,601

79,368

78,453

79,220

80,432

83,876

82,994

79,994

80,546

81,031

-

-

-

-

-

Deferred income taxes

1,281

-

-

-

1,064

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,948

10,750

10,538

-

9,832

-

-

-

-

-

Investments in partially-owned affiliates held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Other current assets

7,433

8,039

12,112

12,246

5,582

17,201

16,344

18,093

15,655

16,259

16,418

17,512

17,866

19,835

23,872

27,926

30,903

28,076

24,199

21,645

23,087

20,398

-

-

-

-

-

Current assets held for sale

0

0

-

-

58,171

-

-

-

-

-

17,684

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

174,987

197,810

177,610

199,055

196,139

207,385

210,436

225,346

203,987

213,938

239,894

218,540

210,165

233,692

240,074

242,580

226,367

257,692

253,328

269,606

245,992

280,352

-

216

-

1,113

-

Property, plant and equipment - net

70,276

82,048

128,068

131,285

75,166

141,021

145,299

151,693

154,196

154,501

158,653

175,111

177,823

186,223

190,370

193,399

196,150

197,622

197,799

171,969

176,478

176,780

-

-

-

-

-

Right-of-use operating lease assets

20,910

28,585

41,957

41,522

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

45,684

45,111

45,961

43,623

44,065

44,410

44,480

45,838

45,142

44,739

44,203

42,388

42,157

107,013

106,765

107,442

106,170

165,429

163,586

154,121

156,798

152,986

-

-

-

-

-

Other intangible assets - net

64,590

70,004

112,049

112,191

69,700

119,646

122,619

128,041

131,499

134,484

136,968

141,468

144,258

149,364

152,275

156,049

157,915

196,987

202,871

193,223

198,683

211,674

-

-

-

-

-

Investments in partially-owned affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,259

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

582

-

-

-

-

-

Other assets - net

10,654

10,132

10,888

10,961

11,287

14,080

14,254

12,873

11,499

12,927

9,836

9,695

9,433

8,202

9,302

10,072

10,490

20,486

20,810

21,083

21,453

15,161

-

-

-

-

-

Noncurrent assets held for sale

0

0

-

-

107,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

87

113

140

-

Due from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

-

-

Preferred escrow account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,000

-

0

-

-

Investments held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177,076

177,111

177,097

177,081

-

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

661

-

0

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

164

Total assets

387,101

433,690

516,533

538,637

503,597

526,542

537,088

563,791

546,323

560,589

589,554

587,202

583,836

684,494

698,786

709,542

697,092

838,216

838,394

810,002

799,404

843,794

222,856

177,328

177,952

178,194

189

Liabilities and Shareholders’ (Deficit) Equity
Liabilities
Current liabilities
Current portion of long-term debt

5,800

5,769

6,576

6,515

5,687

6,634

6,652

9,430

9,704

7,310

7,368

8,523

8,179

5,547

6,126

6,202

6,186

6,460

6,259

5,018

5,375

6,142

-

-

-

-

-

Current portion of operating lease liabilities

4,275

5,469

7,686

7,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

22,914

27,578

48,784

56,395

30,421

52,704

55,652

62,418

53,668

56,154

61,881

60,208

61,160

63,641

70,015

66,914

56,838

58,246

62,925

65,450

58,176

60,074

-

-

-

-

-

Accrued compensation and employee benefits

8,551

10,325

12,063

15,643

11,954

16,543

17,322

21,521

17,433

19,119

16,016

16,529

13,207

17,589

20,112

25,683

18,750

22,365

21,718

16,501

14,035

20,226

-

-

-

-

-

Accrued interest

79

1

80

86

89

82

79

215

276

98

128

137

191

108

181

150

75

6,712

6,724

6,657

199

6,834

4

2,620

19

27

-

Accrued income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Liabilities related to fire

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

365

-

-

-

-

-

Other current liabilities

13,783

14,307

15,021

12,822

13,161

15,525

16,279

21,169

19,806

24,059

26,279

25,247

24,807

28,249

27,587

27,520

28,733

27,166

24,850

21,763

21,471

21,543

-

-

-

-

-

Current liabilities held for sale

0

0

-

-

24,551

-

-

-

-

-

8,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued transaction costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,503

-

0

-

-

Accrued franchise tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

27

65

-

-

Due to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

617

344

0

-

-

Due to Preferred holders, held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,000

-

0

-

-

Deferred underwriters' fee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,175

-

0

-

-

Accrued offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

Loan payable, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

157

Total current liabilities

55,402

63,449

90,210

99,025

85,863

91,488

95,984

114,753

100,887

106,740

119,993

110,644

107,544

115,134

124,021

126,469

110,582

120,949

122,476

115,389

99,256

115,784

55,329

2,992

85

5,202

182

Long-term debt

378,950

384,170

385,417

386,425

386,101

389,211

389,768

391,694

391,768

397,901

410,302

417,734

416,945

426,139

424,596

427,367

426,150

438,451

428,443

414,667

415,306

417,544

-

-

-

-

-

Long-term operating lease liabilities

19,136

25,567

35,839

35,467

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

7,534

10,002

16,817

16,696

17,613

24,973

24,986

25,324

25,699

-

-

-

42,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Postretirement health and other benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,479

-

-

-

-

-

Multiemployer pension plan withdrawal liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,096

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

34,122

36,302

40,237

-

48,429

53,147

54,817

57,247

88,271

92,223

87,438

81,021

98,808

-

-

-

-

-

Other long-term liabilities

16,938

15,409

16,365

16,796

18,436

21,272

21,491

22,505

22,285

21,330

21,956

19,930

19,881

23,021

22,794

18,093

18,119

18,683

19,474

19,458

21,146

4,791

-

-

-

-

-

Noncurrent liabilities held for sale

0

0

-

-

3,367

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred underwriters' fee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

5,175

5,175

5,175

-

Total liabilities

477,960

498,597

544,648

554,409

511,380

526,944

532,229

554,276

540,639

560,093

588,553

588,545

586,978

612,723

624,558

626,746

612,098

666,354

662,616

636,952

616,729

650,502

55,329

8,167

5,260

-

-

Commitments and Contingencies (Note 17)

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ (Deficit) Equity
Common stock subject to possible redemption; 15,840,893 and 16,344,282 shares at June 27, 2014 and December 31, 2013, respectively (at redemption value)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162,527

164,160

167,692

167,992

-

Preferred stock, $0.0001 par value (5,000,000 shares authorized, 43,950 shares issued and outstanding at December 31, 2019, including 860 shares declared on November 3, 2019 and issued on January 1, 2020, and 40,612 shares issued and outstanding at December 31, 2018, including 794 shares declared on November 1, 2018 and issued on January 1, 2019)

43,950

43,090

42,247

41,421

40,612

39,818

39,040

38,277

49,665

48,697

47,745

46,814

45,899

45,000

45,000

45,000

45,000

45,000

45,000

45,000

45,000

45,000

0

0

0

0

0

Common stock, $0.0001 par value (120,000,000 shares authorized, 28,508,977 shares issued and outstanding at December 31, 2019 and 27,394,978 shares issued and outstanding at December 31, 2018)

3

3

3

3

3

3

3

3

3

3

3

3

2

2

2

2

2

2

2

2

2

2

0

0

0

0

0

Jason Industries (Successor) common stock, $0.0001 par value (120,000,000 shares authorized, 21,990,666 shares issued and outstanding at December 31, 2014)

3

3

3

3

3

3

3

3

3

3

3

-

2

-

-

-

-

-

-

-

-

2

0

0

0

0

0

Additional paid-in capital

155,023

155,138

155,096

155,203

155,533

155,348

155,185

155,397

143,788

144,547

145,271

145,911

144,666

139,818

140,235

143,174

143,533

143,345

143,216

141,475

140,312

139,146

10,677

4,999

5,512

4,999

24

Retained deficit

-261,192

-232,923

-199,756

-186,640

-180,360

-174,118

-168,606

-168,019

-167,710

-170,068

-166,743

-163,262

-163,232

-102,510

-100,473

-98,503

-95,997

-25,640

-23,001

-22,282

-21,539

-18,056

-

-

-

-

-

Accumulated other comprehensive loss

-28,643

-30,215

-25,705

-25,759

-23,571

-21,453

-20,763

-16,143

-20,062

-22,683

-25,275

-30,809

-30,372

-22,843

-23,186

-20,478

-21,456

-19,470

-18,748

-20,287

-12,065

-5,756

-

-

-

-

-

Deficit accumulated during the development stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,678

0

513

0

17

Shareholders' equity (deficit) attributable to Jason Industries

-

-

-

-

-

-

-

-

-

496

1,001

-1,343

-3,037

59,467

61,578

69,195

71,082

143,237

146,469

143,908

151,710

160,336

5,000

5,000

5,000

5,000

7

Noncontrolling interests

-

-

-

-

-

-

-

-

-

0

0

0

-105

12,304

12,650

13,601

13,912

28,625

29,309

29,142

30,965

32,956

-

-

-

-

-

Total shareholders’ (deficit) equity

-90,859

-64,907

-28,115

-15,772

-7,783

-402

4,859

9,515

5,684

496

1,001

-1,343

-3,142

71,771

74,228

82,796

84,994

171,862

175,778

173,050

182,675

193,292

-

-

-

-

-

Total liabilities and shareholders’ (deficit) equity

387,101

433,690

516,533

538,637

503,597

526,542

537,088

563,791

546,323

560,589

589,554

587,202

583,836

684,494

698,786

709,542

697,092

838,216

838,394

810,002

799,404

843,794

222,856

177,328

177,952

178,194

164