Lindblad expeditions holdings, inc. (LIND)
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'12
Current Assets:
Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

542

842

1

-

Cash and cash equivalents

137,040

101,579

104,135

78,746

70,103

113,396

105,688

91,561

97,284

96,443

112,316

99,315

103,782

135,416

149,017

150,813

181,873

206,903

208,751

15

200

39,679

177

121

123

312

23

-

-

2

Restricted cash

22,791

7,679

7,995

33,305

30,537

8,755

8,593

22,803

20,237

7,057

8,704

21,261

13,426

9,015

10,367

17,618

15,498

8,460

9,284

-

-

8,335

-

-

-

-

-

-

-

-

Marine operating supplies

6,761

6,299

5,479

5,086

5,465

5,165

5,024

5,086

5,413

5,045

4,539

4,346

4,096

4,142

4,195

4,102

4,464

4,969

4,178

-

-

5,078

-

-

-

-

-

-

-

-

Inventories

1,804

2,027

1,910

1,715

1,523

1,604

1,646

1,792

1,826

1,794

1,783

1,613

1,594

1,665

1,591

1,658

1,776

1,746

1,835

-

-

1,700

-

-

-

-

-

-

-

-

Investment in marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

10

-

10

10

9

9

-

-

-

0

Cash and cash equivalents held in trust account, interest income available for working capital and taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

-

1

26

36

33

-

-

-

0

Accrued interest receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

19

0

1

4

2

5

-

0

Prepaid expenses and other current assets

26,716

29,055

24,044

31,297

27,963

21,263

21,917

26,791

22,661

21,351

22,887

25,562

22,140

20,782

20,742

23,124

13,374

12,266

10,153

48

78

11,321

106

122

58

53

79

99

-

0

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

-

-

-

-

-

-

Due from affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

-

-

Total current assets

195,112

146,639

143,563

150,149

135,591

150,183

142,868

148,033

147,421

131,690

150,229

152,097

145,038

171,020

185,912

197,315

216,985

234,344

234,203

75

289

66,113

314

293

229

414

652

948

1

2

Property and equipment, net

468,227

357,790

345,280

316,709

315,330

285,979

282,455

273,075

260,804

250,952

219,498

218,072

205,712

186,236

164,486

151,868

127,960

125,471

122,027

-

-

121,873

-

-

-

-

-

-

-

-

Goodwill

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

22,105

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, net

6,001

6,396

6,791

7,185

7,580

7,975

8,370

8,764

9,159

9,554

9,948

10,343

10,738

11,132

-

-

-

6,227

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

171

218

-

1,319

1,078

-

-

-

-

-

7,916

8,728

7,965

4,118

4,497

3,907

5,248

3,216

121

-

-

102

-

-

-

-

-

-

-

-

Operating rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,683

5,864

6,045

-

6,528

-

-

6,529

-

-

-

-

-

-

-

-

Right-to-use lease assets

5,849

6,105

6,357

5,808

6,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and other intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,953

28,167

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due from shareholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

1,501

-

-

-

-

-

-

-

-

Cash and cash equivalents held in trust account, restricted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,000

200,000

-

200,000

200,000

200,000

200,000

200,000

200,000

-

0

Other long-term assets

8,057

9,405

5,517

5,219

6,096

7,167

9,017

9,785

9,310

10,047

10,831

11,632

12,334

13,090

13,334

10,901

11,629

12,355

13,081

0

-

2,019

-

0

13

13

13

13

-

0

Investment in CFMF

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

47,788

-

-

-

-

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

210

165

Total assets

705,522

548,658

529,613

508,494

493,807

473,409

464,815

461,762

448,799

424,348

420,527

422,977

403,892

407,701

401,865

398,022

367,867

381,613

375,962

200,075

200,289

245,925

200,314

200,293

200,243

200,427

200,665

200,962

211

167

Current Liabilities:
Unearned passenger revenues

143,595

138,825

124,605

145,089

129,505

123,489

112,694

122,161

111,259

112,238

99,740

117,119

95,762

91,501

84,620

91,417

70,454

76,604

72,946

-

-

73,195

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

46,030

38,231

32,914

31,200

31,176

33,944

29,305

25,947

24,702

30,422

23,810

21,501

22,551

30,662

19,943

18,225

16,050

25,968

18,629

1,340

975

20,028

44

45

22

13

185

169

41

0

Lease liabilities - current

1,378

1,335

1,302

947

1,166

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued franchise tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

45

-

315

270

225

180

-

-

-

0

Due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,611

1,461

-

470

250

-

0

-

-

6

-

Long-term debt - current

11,816

4,525

2,000

2,000

2,000

2,000

2,000

2,000

1,500

1,750

1,750

1,750

1,750

1,750

1,750

1,750

1,750

1,750

1,750

-

-

4,934

-

-

-

-

-

-

-

-

Obligation to repurchase shares of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,966

-

-

-

-

-

-

-

-

Due to CFMF

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

22,733

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

6

4

1

5

-

0

Note payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

150

150

Total current liabilities

202,819

182,916

160,821

179,236

163,847

159,433

143,999

150,108

137,461

144,410

125,300

140,370

120,063

123,913

106,313

111,392

88,254

104,322

93,325

3,041

2,482

125,856

829

568

254

197

186

174

197

150

Long-term debt, less current portion

358,871

213,543

216,117

185,660

188,005

188,089

188,161

188,229

188,481

164,186

164,165

164,051

164,236

164,128

164,020

163,911

161,320

162,693

162,697

-

-

51,756

-

-

-

-

-

-

-

-

Deferred tax liabilities

2,616

4,491

6,964

-

-

2,787

5,097

2,596

2,791

2,444

-

-

-

0

-

-

-

-

703

-

-

299

-

-

-

-

-

-

-

-

Lease liabilities

4,781

5,029

5,272

5,046

5,026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

12,306

3,317

5,083

1,259

1,379

554

706

698

692

684

703

696

688

681

699

692

685

677

638

-

-

447

-

-

-

-

-

-

-

-

Total liabilities

581,393

409,296

394,257

371,201

358,257

350,863

337,963

341,631

329,425

311,724

290,168

305,117

284,987

288,722

271,032

275,995

250,259

267,692

257,364

-

-

178,358

-

-

-

-

-

-

-

-

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

REDEEMABLE NONCONTROLLING INTEREST

16,476

16,112

7,336

6,771

6,908

6,502

6,409

6,130

6,423

6,302

5,319

5,154

5,199

5,170

4,856

4,827

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, subject to possible redemption, 18,798,187 shares at June 30, 2015 and 18,798,215 shares at December 31, 2014, at redemption value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

187,981

187,982

-

187,982

187,982

187,982

187,982

187,982

187,982

-

0

STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

Common stock, $0.0001 par value, 200,000,000 shares authorized; 49,758,787 and 49,717,522 issued, 49,667,763 and 49,626,498 outstanding as of March 31, 2020 and December 31, 2019, respectively

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

5

4

0

0

5

0

0

0

0

0

0

0

0

Additional paid-in capital

46,908

46,271

45,377

41,617

41,102

41,539

40,391

39,172

38,331

42,498

45,213

42,156

40,624

43,097

46,590

45,231

41,293

48,073

52,308

12,975

12,975

21,461

12,975

12,975

12,975

12,975

12,975

13,011

24

24

Retained earnings

78,820

81,655

90,339

90,832

89,844

75,171

79,817

74,751

74,615

63,819

79,822

70,545

73,077

70,707

79,382

71,964

76,310

65,843

66,284

-3,924

-

46,101

-

-

-

-

-

-

-

-

Accumulated deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,150

-

1,473

1,233

970

728

480

207

11

7

Accumulated other comprehensive loss

-18,080

-4,681

-7,701

-1,932

-2,309

-671

230

73

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

-

-

-

0

Total stockholders' equity

107,653

123,250

128,020

130,522

128,642

116,044

120,443

114,001

112,951

106,322

125,040

112,706

113,706

113,809

125,977

117,200

117,608

113,921

118,597

9,052

9,825

67,567

11,503

11,742

12,006

12,248

12,496

12,805

13

17

Total liabilities, stockholders' equity and redeemable noncontrolling interest

705,522

548,658

529,613

508,494

493,807

473,409

464,815

461,762

448,799

424,348

420,527

422,977

403,892

407,701

401,865

398,022

367,867

381,613

375,962

200,075

200,289

245,925

200,314

200,293

200,243

200,427

200,665

200,962

211

167