Medifast, inc. (MED)
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'11Dec'10
ASSETS
Current Assets
Cash and cash equivalents

90,670

76,974

81,196

96,311

101,842

81,364

82,307

81,076

86,963

75,077

70,553

63,532

53,970

52,436

57,120

58,610

47,316

42,037

38,994

37,145

33,423

24,459

27,631

32,019

41,360

36,382

47,980

44,405

49,230

39,937

43,411

37,120

31,935

14,262

18,454

28,292

17,165

Accounts receivable-net of doubtful accounts of $112 and $235 at March 31, 2020 and December 31, 2019, respectively

390

1,437

1,451

978

631

1,011

1,017

934

1,025

576

708

914

1,493

1,387

1,131

1,627

2,115

1,633

1,869

1,991

2,306

1,650

2,354

1,693

1,524

942

1,932

1,965

2,452

2,148

2,732

2,395

2,177

1,477

1,544

1,147

623

Inventories

47,883

48,771

51,925

48,473

43,257

38,888

43,845

26,900

17,288

19,328

16,024

18,048

19,883

18,311

15,015

11,364

13,243

13,335

11,770

12,424

14,186

15,735

16,208

17,579

15,896

17,537

17,451

15,981

18,419

20,804

18,279

16,265

15,347

19,969

19,405

15,711

19,534

Investment securities

14,593

15,704

15,718

17,211

18,585

19,670

20,912

22,245

22,278

23,757

25,181

25,020

24,989

24,412

24,936

20,975

24,333

25,072

27,499

27,894

27,955

28,185

27,997

36,552

36,000

31,420

34,028

33,707

19,669

20,057

19,504

19,436

20,053

19,538

18,539

18,811

17,271

Income taxes, prepaid

193

5,169

3,200

1,365

-

-

-

-

-

2,272

442

-

384

1,249

-

0

525

1,549

741

1,030

3,897

5,099

907

-

-

0

2,555

334

0

873

606

442

2,729

5,434

4,832

0

3,266

Prepaid expenses and other current assets

7,493

6,096

4,817

7,638

4,995

4,586

3,851

3,936

3,577

4,188

2,404

3,210

2,925

3,502

3,027

3,473

2,879

2,886

1,672

3,087

2,814

2,875

1,937

2,351

2,943

2,526

2,035

2,982

3,403

3,296

2,270

3,094

2,836

2,251

2,154

1,783

2,108

Deferred tax assets

-

-

-

-

-

-

-

-

426

-

-

-

-

-

1,941

1,703

1,670

-

2,168

2,556

2,978

3,727

2,018

2,062

2,125

1,957

875

1,816

1,718

1,460

790

748

690

1,055

91

760

703

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

55

353

5

7

18

184

-

-

-

1,190

-

-

-

-

-

-

-

-

-

-

-

Total current assets

161,222

154,151

158,307

171,976

169,310

145,519

151,932

135,091

131,131

125,198

115,312

110,724

103,644

101,297

103,170

97,752

92,136

86,865

84,718

86,134

87,577

81,914

79,052

92,256

99,848

91,954

106,856

101,190

94,891

88,575

87,592

79,500

75,767

63,986

65,019

66,504

60,670

Property, plant and equipment - net of accumulated depreciation

25,324

26,039

26,247

24,984

23,343

19,747

18,760

18,220

18,358

18,611

18,776

18,505

19,137

19,753

20,111

20,136

27,047

29,029

29,527

31,068

32,507

33,477

36,014

37,080

39,057

34,476

41,135

40,665

40,131

40,109

38,946

39,621

39,193

38,852

35,635

33,137

30,589

Right-of-use assets

12,146

12,803

11,694

12,296

12,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trademarks and intangibles - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

167

296

428

589

741

896

1,003

987

973

1,072

Other assets

2,181

353

453

710

941

1,183

1,400

1,649

1,902

2,120

299

286

166

162

162

165

169

205

163

162

162

497

273

400

341

231

356

419

486

1,139

1,173

1,096

1,406

1,824

1,712

1,292

1,728

Deferred tax assets

1,270

1,307

1,887

2,605

3,612

2,980

2,355

1,347

426

-

76

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

4

15

19

19

19

18

19

19

22

-

-

-

5,989

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

202,143

194,653

198,588

212,571

210,070

169,429

174,447

156,307

151,817

145,929

134,463

129,515

122,947

121,216

123,458

118,072

119,371

116,118

114,426

117,383

120,265

115,910

115,339

129,736

139,246

132,650

148,396

142,441

135,804

130,251

128,300

120,958

117,262

105,665

103,353

101,906

94,059

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable and accrued expenses

78,586

76,220

75,015

73,570

74,452

60,323

62,806

53,444

38,187

37,140

26,253

25,144

23,150

24,300

24,418

22,361

23,819

22,504

20,178

21,258

25,468

21,854

27,090

25,209

26,159

22,230

30,338

30,682

30,782

28,221

29,433

30,087

26,163

18,830

21,461

20,935

15,020

Current lease obligations

3,233

3,168

2,507

2,474

2,443

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,244

1,356

-

-

-

-

-

-

0

575

709

99

-

-

181

0

-

-

-

-

-

242

-

Current maturities of capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

111

166

219

239

237

234

232

229

227

224

222

220

247

275

528

555

552

1,290

1,426

-

-

944

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

121

294

482

790

841

1,040

1,318

2,348

4,858

-

-

-

4,550

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

881

891

-

Total current liabilities

81,819

79,388

77,522

76,044

76,895

60,323

62,806

53,444

38,187

37,140

26,253

25,144

23,150

24,421

26,012

24,310

24,775

23,564

21,457

22,813

28,050

26,944

27,319

26,011

27,092

27,101

30,558

30,929

31,238

28,749

29,988

30,639

27,453

20,256

22,342

22,068

15,964

Other liabilities:
Lease obligations, less current lease obligations

9,575

10,433

9,866

10,504

11,107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,113

3,169

3,225

3,281

3,337

3,957

4,177

4,648

Capital leases, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

122

183

242

301

359

417

474

530

586

641

696

760

841

836

914

-

-

207

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

208

-

196

629

779

2,510

2,475

4,666

3,682

5,560

5,261

5,493

5,492

5,167

5,859

6,568

6,659

5,970

6,378

6,619

6,907

7,150

6,856

7,589

7,756

5,504

1,632

1,284

Long-term liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

22

66

288

534

989

1,712

2,756

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

91,394

89,821

87,388

86,548

88,002

60,323

62,806

53,444

38,187

37,348

26,253

25,340

23,779

25,200

28,529

26,807

29,507

27,534

27,613

29,185

35,438

35,434

32,787

32,229

34,077

34,234

37,058

37,893

38,498

39,465

41,067

41,561

39,159

32,263

31,803

27,877

22,103

Stockholders' Equity:
Preferred stock, $.001 par value (1,500,000 authorized, no shares issued and outstanding)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $.001 per share: 20,000 shares authorized; 11,785 and 12,272 issued and 11,781 and 11,764 outstanding at March 31,, 2012 and December 31, 2019, respectively

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

12

13

13

13

16

16

16

16

16

16

16

16

16

16

16

Additional paid-in capital

494

-

12,207

11,070

9,805

8,802

8,040

7,199

6,369

4,967

5,825

4,630

3,372

2,672

1,588

910

-

-

407

1,571

951

1,132

-

1,446

774

0

42,285

41,440

40,737

40,191

38,459

37,995

36,649

36,076

35,607

34,946

32,938

Accumulated other comprehensive income

70

25

72

56

-46

-173

-266

-219

-244

-160

47

14

-29

-165

69

124

30

-62

44

347

523

435

282

887

715

703

332

60

594

553

597

432

534

396

182

336

240

Retained earnings

110,173

168,788

162,902

155,762

143,176

131,344

124,601

116,617

108,243

103,762

102,326

99,519

95,813

93,497

93,260

90,219

89,822

88,634

93,545

89,589

83,341

78,897

82,258

109,387

103,667

97,700

95,213

89,540

82,467

76,534

74,669

67,462

64,648

60,658

59,489

54,419

42,117

Less: Treasury stock at cost, 0 and 489 shares at March 31, 2020 and December 31, 2019, respectively

-

63,993

63,993

40,877

30,879

30,879

20,746

20,746

750

-

-

-

-

-

-

-

-

-

7,195

3,321

-

-

-

14,226

-

-

26,508

26,508

26,508

26,508

26,508

26,508

23,744

23,744

23,744

15,688

3,355

Total stockholders' equity

110,749

104,832

111,200

126,023

122,068

109,106

111,641

102,863

113,630

108,581

108,210

104,175

99,168

96,016

94,929

91,265

89,864

88,584

86,813

88,198

84,827

80,476

82,552

97,507

105,169

98,416

111,338

104,548

97,306

90,786

87,233

79,397

78,103

73,402

71,550

74,029

71,956

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

202,143

194,653

198,588

212,571

210,070

169,429

174,447

156,307

151,817

145,929

134,463

129,515

122,947

121,216

123,458

118,072

119,371

116,118

114,426

117,383

120,265

115,910

115,339

129,736

139,246

132,650

148,396

142,441

135,804

130,251

128,300

120,958

117,262

105,665

103,353

101,906

94,059

Scenario, Previously Reported [Member]
Total stockholders' equity

-

-

-

-

-

-

-

-

-

106,563

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-