Mesa laboratories inc /co (MLAB)
Balance Sheet / Quarterly
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'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
ASSETS
Cash and cash equivalents

73,979

245,443

7,315

10,185

5,729

5,625

7,400

5,469

5,843

10,268

2,976

5,820

5,405

5,070

4,637

5,695

3,272

5,460

1,968

2,034

1,427

3,657

3,200

5,575

2,160

3,424

3,589

4,006

2,722

2,772

4,593

7,191

5,691

4,952

6,054

3,546

Accounts receivable, less allowances of $151 and $121, respectively

19,503

12,228

12,952

12,516

13,254

13,242

12,472

14,302

12,361

12,187

12,903

14,319

12,944

13,413

12,423

15,313

13,283

12,687

11,179

12,145

11,849

11,807

10,761

9,278

8,844

7,091

6,375

8,474

7,595

7,416

7,147

6,486

6,089

6,680

6,543

7,017

Inventories, net

18,804

6,848

6,971

6,772

7,606

8,336

8,632

9,228

10,454

12,913

13,376

13,873

14,578

14,400

14,119

14,017

14,716

13,363

12,871

12,420

12,596

10,634

9,950

7,771

7,155

6,089

6,090

5,576

5,281

5,630

5,575

4,438

4,857

4,992

5,377

5,714

Prepaid income taxes

3,787

2,896

3,447

2,552

4,476

4,165

0

273

2,158

2,039

1,676

587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

4,630

3,313

3,139

1,598

1,496

2,223

2,394

782

1,339

1,975

1,808

1,186

2,037

1,452

1,369

943

1,294

1,943

1,718

1,334

1,558

2,778

2,302

2,064

2,441

1,997

1,720

553

960

940

969

336

827

824

860

396

Assets held for sale

-

-

-

-

-

0

1,934

1,934

1,934

1,934

1,012

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,218

1,682

1,541

1,552

1,689

1,878

1,878

1,878

1,878

-

-

-

846

-

-

-

710

-

-

-

645

Total current assets

120,703

270,728

33,824

33,623

32,561

33,591

32,832

31,988

34,089

41,316

33,751

35,785

34,964

34,335

32,548

37,186

34,247

34,994

29,288

29,622

29,308

30,754

28,091

26,566

20,600

18,601

17,774

19,455

16,558

16,758

18,284

19,161

17,464

17,448

18,834

17,318

Property, plant and equipment, net of accumulated depreciation of $15,170 and $11,080, respectively

22,352

21,731

21,982

22,225

22,997

23,235

23,298

23,593

23,956

23,760

25,821

26,002

24,273

22,129

19,539

16,628

15,685

14,713

11,040

9,598

9,241

8,178

7,902

7,680

7,681

7,772

7,622

7,406

7,328

7,274

7,311

7,266

7,342

7,300

7,303

7,308

Deferred taxes

225

219

1,326

1,323

118

120

121

127

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

2,513

1,173

1,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, net

88,077

31,527

33,754

33,219

38,336

38,260

40,113

42,850

44,436

35,443

36,681

37,790

39,300

39,353

40,826

40,797

41,231

40,794

31,960

33,231

33,532

30,834

31,957

25,417

26,345

15,195

14,806

15,418

16,091

16,769

17,466

9,819

10,966

-

-

11,484

Goodwill

189,597

67,087

67,424

66,377

64,148

65,082

65,094

65,543

65,296

73,414

72,730

72,156

71,916

70,436

69,152

66,137

63,953

65,392

44,901

44,869

44,097

42,334

42,334

37,866

37,929

24,219

23,640

23,640

23,640

23,640

23,650

14,450

14,450

-

-

14,450

Goodwill, Intangibles and Other, Net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,783

26,065

-

Total assets

423,467

392,465

159,671

156,767

158,160

160,288

161,458

164,101

167,777

173,933

168,983

171,733

170,453

166,253

162,065

160,748

155,116

155,893

117,189

117,320

116,178

112,100

110,284

97,529

92,555

65,787

63,842

65,919

63,617

64,441

66,711

50,696

50,222

50,531

52,202

50,560

LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable

3,780

2,339

3,130

2,898

2,426

2,295

2,873

2,380

2,029

2,036

2,338

2,168

2,919

3,484

2,757

2,823

3,053

3,038

2,325

2,503

2,840

2,725

2,058

2,019

1,370

1,344

1,621

1,010

883

667

985

573

604

751

778

723

Accrued salaries and payroll taxes

6,569

5,237

3,207

7,324

6,077

4,607

2,900

4,284

3,235

3,420

2,934

4,350

3,884

3,547

2,974

5,040

4,340

4,021

3,018

4,105

3,968

2,890

2,495

3,567

3,825

1,441

1,327

2,085

2,219

1,635

1,498

2,134

1,581

1,199

1,088

2,332

Current portion of long-term debt

-

-

2,250

2,125

2,000

1,875

1,750

1,625

1,500

1,375

1,250

1,125

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

0

-

-

-

-

-

-

-

-

1,000

-

-

5,000

Unearned revenues

6,363

3,980

4,086

3,965

3,728

3,744

3,830

3,921

3,675

3,805

4,033

4,117

3,733

3,384

3,463

3,026

2,809

3,041

1,215

1,314

1,421

1,260

1,414

1,886

1,714

-

-

-

-

-

-

-

-

-

-

-

Current portion of contingent consideration

528

512

558

45

45

46

49

709

709

1,165

1,165

1,294

5,729

6,280

6,002

4,757

4,696

4,892

300

1,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

0

916

1,008

0

0

704

514

0

86

1,088

2,240

201

233

1,690

1,208

-

1,048

745

-

1,271

298

45

1,145

269

698

1,899

1,051

1,366

929

1,942

900

Legal liability

-

-

3,300

3,300

3,300

3,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes Payable - Current Portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

1,000

-

Revolving Line of Credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,000

4,000

-

Due to Apex Laboratories, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

600

600

Other accrued expenses

8,005

4,673

4,792

4,004

3,207

3,665

3,321

3,363

3,249

2,649

2,503

2,999

2,753

2,013

3,251

3,085

2,803

5,629

1,463

1,307

1,450

2,347

2,693

2,743

2,603

1,604

378

422

488

387

572

504

79

180

172

376

Total current liabilities

25,245

16,741

21,323

23,661

20,783

19,532

15,639

17,290

14,397

14,450

14,927

16,567

22,018

21,794

22,535

23,971

20,902

23,854

13,011

14,657

12,679

13,270

12,405

10,215

10,783

4,687

3,371

4,662

3,859

3,387

4,954

4,262

4,630

6,409

9,580

9,931

Deferred income taxes

23,702

8,400

1,093

1,077

2,457

2,532

2,522

2,621

4,115

3,698

3,644

3,554

4,602

4,322

4,343

5,419

5,243

4,861

5,176

5,122

4,861

4,861

4,861

4,861

4,591

2,364

2,364

2,364

2,519

2,519

2,519

2,519

3,136

3,136

3,136

2,712

Long-term debt, net of debt issuance costs and current portion

-

-

17,512

20,613

27,213

31,188

37,662

44,635

54,608

50,455

49,303

53,675

50,000

49,750

43,000

42,250

44,000

43,750

22,000

23,250

25,000

22,750

25,000

16,500

16,000

-

1,500

4,000

5,000

8,000

11,000

-

750

-

-

1,500

Convertible senior notes, net of discounts and debt issuance costs

138,967

137,682

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

1,382

485

696

105

114

133

184

194

210

-

-

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

92

118

-

108

117

4,523

4,430

4,327

4,480

612

812

1,920

1,620

1,620

1,620

2,676

2,164

2,152

2,140

2,140

2,140

2,240

-

-

-

-

-

Total liabilities

189,296

163,308

40,624

45,456

50,567

53,385

56,007

64,740

73,330

68,695

67,992

73,912

76,728

75,983

74,401

76,070

74,472

76,945

40,799

43,841

44,460

42,501

43,886

33,196

34,050

9,215

9,387

13,166

13,518

16,046

20,713

6,781

8,516

-

-

14,143

Commitments and Contingencies (Note 13)

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

0

Stockholders’ equity:
Notes Payable - Long Term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

1,250

-

Preferred stock, no par value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

0

0

0

0

0

Common stock, no par value; authorized 25,000,000 shares; issued and outstanding, 4,370,468 and 3,890,138 shares, respectively

155,622

152,021

43,400

39,823

36,528

35,421

34,298

30,516

29,694

28,974

27,428

25,925

25,037

23,609

22,590

21,001

21,437

19,675

18,897

17,751

17,681

17,149

16,482

15,796

12,312

11,610

10,947

11,352

7,613

7,422

7,129

8,566

6,243

6,214

6,182

5,505

Employee loans to purchase stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

-57

-57

57

-149

226

215

262

396

371

368

353

437

Retained earnings

74,313

79,641

77,276

73,303

72,520

72,279

71,901

68,281

64,633

76,325

74,572

73,656

70,608

67,947

66,175

64,828

60,657

58,876

57,699

55,962

54,287

52,450

49,916

48,561

46,250

45,019

43,565

41,550

42,712

41,188

39,131

35,745

35,834

34,140

32,407

31,349

Accumulated other comprehensive (loss)

4,236

-2,505

-1,629

-1,815

-1,455

-797

-748

564

120

-61

-1,009

-1,760

-1,920

-1,286

-1,101

-1,151

-1,450

397

-206

-234

-250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

234,171

229,157

119,047

111,311

107,593

106,903

105,451

99,361

94,447

105,238

100,991

97,821

93,725

90,270

87,664

84,678

80,644

78,948

76,390

73,479

71,718

69,599

66,398

64,333

58,505

56,572

54,455

52,753

50,099

48,395

45,998

43,915

41,706

39,986

38,236

36,417

Total liabilities and stockholders’ equity

423,467

392,465

159,671

156,767

158,160

160,288

161,458

164,101

167,777

173,933

168,983

171,733

170,453

166,253

162,065

160,748

155,116

155,893

117,189

117,320

116,178

112,100

110,284

97,529

92,555

65,787

63,842

65,919

63,617

64,441

66,711

50,696

50,222

50,531

52,202

50,560