Key tronic corp (KTCC)
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'11
ASSETS
Cash and Cash Equivalents, at Carrying Value

1,302

499

504

601

165

192

1,359

343

298

450

977

373

911

1,280

275

1,018

275

1,193

140

372

345

201

967

5,803

2,241

1,433

1,960

10,819

3,202

245

1,801

502

488

596

347

1,232

Trade receivables, net of allowance for doubtful accounts of $609 and $58

77,329

70,225

66,781

58,429

55,903

72,248

64,599

70,262

60,689

57,437

55,607

65,193

62,331

66,444

64,793

61,678

55,600

60,840

73,761

72,852

69,690

68,511

74,706

49,658

52,637

51,435

48,570

47,009

48,435

54,797

56,691

60,709

-

-

-

40,350

Contract assets

17,681

17,071

21,762

22,161

20,138

19,118

16,772

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade receivables, net (allowance for doubtful accounts of $0 and $111)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,694

47,479

48,277

-

Inventories, net

114,052

110,144

117,737

100,431

95,396

91,615

99,534

110,315

114,962

108,873

105,658

101,590

98,806

98,106

100,205

107,006

107,239

97,909

100,800

91,594

77,960

71,365

74,699

55,634

46,086

47,065

45,631

44,664

47,743

49,145

56,912

58,439

53,893

53,245

46,728

41,554

Deferred income tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,245

-

5,681

5,545

4,123

935

1,516

1,602

1,272

1,767

891

3,761

3,835

5,201

3,965

4,742

4,689

3,900

Other

19,597

20,254

17,735

16,477

16,590

18,264

17,026

13,600

12,941

13,804

16,358

11,037

11,233

10,892

12,438

11,757

16,211

14,226

15,515

13,646

15,226

13,576

14,575

11,186

9,464

7,798

7,788

7,508

7,610

6,422

6,240

4,639

4,892

4,016

3,432

4,549

Total current assets

229,961

218,193

224,519

198,099

188,192

201,437

199,290

194,520

188,890

180,564

178,600

178,193

173,281

176,722

177,711

181,459

179,325

174,168

196,461

178,464

168,902

159,198

169,070

123,216

111,944

109,333

105,221

111,767

107,881

114,370

125,479

129,490

122,932

110,078

103,473

91,585

Property, plant and equipment, net

30,594

30,825

29,984

29,413

28,533

27,903

27,606

27,548

27,872

28,473

29,184

30,496

31,030

29,938

29,456

27,925

27,346

26,032

26,898

26,974

28,707

29,984

30,431

23,596

21,188

20,182

19,489

17,911

18,195

18,284

17,463

17,306

16,862

16,556

14,757

14,917

Operating lease right-of-use assets, net

15,347

14,876

16,056

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets:
Deferred income tax asset

9,825

-

-

7,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax asset

-

8,207

8,476

-

7,826

7,256

7,145

7,882

7,254

7,463

7,028

6,981

8,507

11,050

9,975

8,982

9,678

9,631

2,637

6,723

293

0

0

3,325

3,052

3,267

4,070

3,179

4,270

2,015

2,416

2,703

10,418

7,553

4,947

4,219

Goodwill

-

-

-

-

0

9,957

9,957

10,000

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,957

9,731

1,740

1,740

1,639

1,639

0

-

-

-

-

-

-

-

-

Other intangible assets, net

0

0

0

657

733

3,300

3,496

3,726

3,992

4,258

4,523

4,800

5,082

5,364

5,646

5,928

6,210

6,492

6,774

7,055

7,337

7,620

7,902

2,071

2,138

2,207

2,267

0

-

-

-

-

-

-

-

-

Other

2,676

1,869

2,092

2,301

2,868

2,976

3,490

2,895

3,753

2,097

2,442

2,413

1,821

1,471

1,541

1,673

1,816

1,660

1,573

1,621

1,445

1,247

1,399

2,712

1,914

2,150

3,622

2,273

3,896

1,828

1,980

1,413

934

574

516

1,643

Total other assets

-

10,076

10,568

-

11,427

23,489

24,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other assets

-

-

-

-

-

-

-

24,460

24,956

23,775

23,950

24,151

25,367

27,842

27,119

26,540

27,661

27,740

20,941

25,356

19,032

18,824

19,032

9,848

8,844

9,263

11,598

5,452

8,166

3,843

4,396

4,116

11,352

8,127

5,463

-

Total assets

288,403

273,970

281,127

238,310

228,152

252,829

250,984

246,528

241,718

232,812

231,734

232,840

229,678

234,502

234,286

235,924

234,332

227,940

244,300

230,794

216,641

208,006

218,533

156,660

141,976

138,778

136,308

135,130

134,242

136,497

147,338

150,912

151,146

134,761

123,693

112,364

LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable

71,893

80,448

87,214

73,571

68,759

73,094

77,583

76,198

69,226

61,537

56,662

53,078

49,390

51,178

53,068

58,967

56,212

56,839

74,957

61,528

50,277

42,945

48,979

32,459

28,540

27,779

27,600

26,400

27,284

31,669

37,918

43,025

40,972

41,170

32,568

26,149

Accrued compensation and vacation

6,702

6,954

7,359

6,759

6,336

7,755

7,199

8,105

6,616

6,482

7,565

10,005

7,967

7,695

7,369

9,571

7,937

7,382

7,456

9,467

7,657

7,429

7,698

7,562

6,297

5,913

6,007

7,413

6,797

5,327

7,162

6,337

5,353

4,276

3,726

4,436

Current portion of debt, net

7,508

7,508

7,508

5,841

5,841

5,841

5,841

-

5,841

5,841

5,841

-

5,841

5,841

5,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of debt, net

-

-

-

-

-

-

-

5,841

-

-

-

5,841

-

-

-

5,000

5,000

5,000

5,000

5,000

5,000

5,000

5,031

7,853

0

196

387

576

762

749

739

729

718

781

771

761

Other

15,470

13,350

12,746

7,233

6,879

7,048

6,977

8,769

8,790

9,810

7,966

8,829

12,167

14,292

12,134

10,572

13,902

13,999

13,239

10,794

10,633

8,539

7,017

4,293

5,021

4,358

3,807

3,551

3,802

3,989

4,080

3,163

2,565

3,905

3,107

1,932

Total current liabilities

101,573

108,260

114,827

93,404

87,815

93,738

97,600

98,913

90,473

83,670

78,034

77,753

75,365

79,006

77,571

84,110

83,051

83,220

100,652

86,789

73,567

63,913

68,725

52,167

39,858

38,246

37,801

37,940

38,645

41,734

49,899

53,254

49,608

50,132

40,172

33,278

Long-term liabilities:
Term loans

5,210

7,087

8,964

7,091

8,551

10,011

11,472

-

14,392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loans

-

-

-

-

-

-

-

-

-

15,852

17,313

-

20,233

21,693

20,000

-

22,500

23,750

25,000

-

27,500

28,750

30,000

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving loan

57,236

32,018

31,313

23,356

18,126

24,378

18,170

-

15,000

15,633

18,000

-

18,233

18,930

22,996

-

18,543

12,660

12,131

-

11,486

11,992

17,934

-

-

-

-

-

0

4,731

11,093

15,011

16,228

7,483

11,339

6,000

Operating lease liabilities

10,327

9,780

10,885

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term loans

-

-

-

-

-

-

-

12,932

-

-

-

18,773

-

-

-

21,250

-

-

-

26,250

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Revolving loan

-

-

-

-

-

-

-

16,200

-

-

-

18,335

-

-

-

18,073

-

-

-

11,631

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

501

0

1,080

870

270

0

0

1,741

1,585

1,607

1,465

1,301

1,094

-

-

-

1,542

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,847

811

1,040

-

Other long-term obligations

1,117

18

-

0

476

476

322

380

0

844

272

1,412

3,085

7,998

7,256

6,909

5,687

6,423

7,401

4,855

4,660

3,462

436

578

564

722

907

1,445

956

1,076

1,141

2,945

5,807

7,554

5,911

3,521

Total long-term liabilities

73,890

48,903

51,162

30,447

27,153

34,865

29,964

29,534

29,392

32,329

35,585

38,520

41,551

48,621

50,252

46,232

46,730

42,833

44,532

43,237

43,646

45,284

49,240

848

564

722

2,648

3,030

2,563

7,272

13,535

19,050

26,882

15,848

18,290

11,063

Total liabilities

175,463

157,163

165,989

123,851

114,968

128,603

127,564

128,447

119,865

115,999

113,619

116,273

116,916

127,627

127,823

130,342

129,781

126,053

145,184

130,026

117,213

109,197

117,965

53,015

40,422

38,968

40,449

40,970

41,208

49,006

63,434

72,304

76,490

65,980

58,462

-

Commitments and contingencies (Note 9)

-

-

-

-

-

-

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

Shareholders’ equity:
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,760 and 10,760 shares, respectively

46,880

46,821

46,754

46,680

46,598

46,518

46,412

46,244

46,104

46,048

45,901

45,797

45,629

45,466

45,316

45,227

45,148

44,944

44,647

44,136

44,758

44,562

44,333

44,151

44,015

43,888

43,617

43,369

43,131

42,909

42,692

42,372

41,622

41,442

41,288

41,014

Retained earnings

68,639

67,729

66,905

65,353

64,536

76,517

74,928

72,806

74,983

73,753

73,977

73,545

72,209

71,248

69,720

67,928

65,782

63,999

62,212

61,395

59,055

57,194

55,568

57,091

55,711

54,297

51,183

49,478

47,081

44,218

40,639

36,895

33,084

29,690

26,516

25,269

Accumulated other comprehensive gain (loss)

-2,579

2,257

1,479

2,426

2,050

1,191

2,080

-969

766

-2,988

-1,763

-2,775

-5,076

-9,839

-8,573

-7,573

-6,379

-7,056

-7,743

-4,763

-4,385

-2,947

667

2,403

1,828

1,625

1,059

1,313

2,822

364

573

-659

-50

-2,351

-2,573

1,740

Total shareholders’ equity

112,940

116,807

115,138

114,459

113,184

124,226

123,420

118,081

121,853

116,813

118,115

116,567

112,762

106,875

106,463

105,582

104,551

101,887

99,116

100,768

99,428

98,809

100,568

103,645

101,554

99,810

95,859

94,160

93,034

87,491

83,904

78,608

74,656

68,781

65,231

68,023

Total liabilities and shareholders’ equity

288,403

273,970

281,127

238,310

228,152

252,829

250,984

246,528

241,718

232,812

231,734

232,840

229,678

234,502

234,286

235,924

234,332

227,940

244,300

230,794

216,641

208,006

218,533

156,660

141,976

138,778

136,308

135,130

134,242

136,497

147,338

150,912

151,146

134,761

123,693

112,364