Natural gas services group, inc. (NGS)
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'11Dec'10
ASSETS
Current Assets:
Cash and cash equivalents

13,051

11,592

19,482

29,911

39,992

52,628

63,267

62,490

65,138

69,208

72,924

73,038

74,370

64,094

61,157

52,166

43,055

35,532

29,978

21,532

8,620

6,181

5,073

14,439

20,607

24,443

27,727

29,330

31,281

28,086

30,924

30,472

29,438

16,390

16,461

16,861

19,137

Trade accounts receivable, net of allowance for doubtful accounts of $939 and $918, respectively

10,519

9,106

11,224

11,383

10,298

7,219

8,116

9,375

7,719

8,534

7,163

6,171

4,681

7,378

5,332

5,012

10,847

9,107

7,557

9,443

9,629

10,408

9,512

7,113

6,607

6,750

5,377

6,317

5,430

6,691

3,731

4,609

3,104

5,679

3,953

4,780

5,279

Inventory

19,424

21,080

30,289

30,302

35,499

30,190

19,065

23,042

25,749

26,224

28,379

25,431

23,900

21,433

24,368

24,675

25,095

27,722

28,085

27,245

27,478

32,624

31,350

28,302

25,764

26,832

27,545

26,203

24,767

26,509

26,652

26,729

26,586

26,965

23,869

22,765

21,489

Federal income tax receivable

15,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid income taxes

68

40

3,102

3,146

3,100

3,188

3,240

3,177

3,443

3,443

2,339

1,944

123

1,482

979

1,795

396

81

3,776

1,497

5,007

5,391

5,110

2,969

517

2,281

2,271

1,701

0

275

167

109

109

109

261

273

2,103

Prepaid expenses and other

225

597

1,320

1,880

1,702

1,696

1,436

762

329

817

1,127

1,921

401

972

519

619

297

762

553

815

426

472

734

886

525

339

416

372

402

475

481

519

534

360

429

405

330

Total current assets

58,279

42,415

65,417

76,622

90,591

94,921

95,124

98,846

102,378

108,226

111,932

108,505

103,475

95,359

92,355

84,267

79,690

73,204

69,949

60,532

51,160

55,076

51,779

53,709

54,020

60,645

63,336

63,923

61,880

62,036

61,955

62,438

59,771

49,503

44,973

45,084

48,338

Long-term inventory, net of allowance for obsolescence of $37 and $24, respectively

1,108

1,068

540

3,873

3,997

3,980

3,815

3,467

3,315

2,829

-

-

-

2,488

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental equipment, net of accumulated depreciation of $167,998 and $162,348, respectively

217,846

217,742

205,741

190,704

179,442

176,106

173,891

169,702

168,790

167,099

162,137

164,553

169,500

175,972

179,561

184,032

188,549

191,933

196,951

200,739

209,807

208,292

207,098

194,775

185,095

176,420

167,247

160,866

154,758

151,015

148,104

141,664

140,604

142,473

137,919

133,715

120,755

Property and equipment, net of accumulated depreciation of $12,847 and $11,570, respectively

-

-

-

-

-

16,644

-

-

-

7,652

-

-

-

7,753

-

-

-

8,527

-

-

-

7,362

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net of accumulated depreciation of $12,682 and $12,847, respectively

22,236

21,869

22,101

20,146

17,134

-

13,253

11,076

9,277

-

8,425

7,290

7,432

-

7,817

8,005

8,217

-

8,875

8,840

8,802

-

7,319

7,293

7,182

7,429

7,190

7,447

7,244

7,475

7,811

7,445

7,739

7,839

7,395

6,746

7,149

Right of use assets - operating leases, net of accumulated amortization of $208 and $158, respectively

559

604

447

494

541

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

0

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

10,039

Intangibles, net of accumulated amortization of $1,914 and $1,883, respectively

1,245

1,276

1,307

1,338

1,370

1,400

1,432

1,464

1,495

1,500

1,558

1,589

1,620

1,651

1,683

1,714

1,746

1,777

1,808

1,839

1,871

1,902

1,933

1,965

1,996

2,027

2,059

2,090

2,121

2,157

2,189

2,219

2,251

2,282

2,327

2,371

2,461

Other assets

1,396

1,603

1,443

1,339

1,243

1,109

1,198

1,118

1,066

939

895

798

375

262

169

207

124

73

60

8

41

41

40

37

35

29

29

29

29

29

30

28

28

28

27

27

27

Total assets

302,669

286,577

296,996

304,555

304,357

304,200

298,752

295,712

296,360

298,310

294,986

292,774

292,441

293,524

291,624

288,264

288,365

285,553

287,682

281,997

281,720

282,712

278,208

267,818

258,367

256,589

249,900

244,394

236,071

232,751

230,128

223,833

220,432

212,164

202,680

197,982

188,769

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable

2,255

1,975

4,183

2,579

3,450

2,122

1,424

801

1,322

4,162

1,830

1,309

496

971

902

690

605

1,226

1,459

1,113

2,325

4,990

5,662

2,289

2,984

3,904

1,599

565

2,543

3,420

2,059

2,094

2,619

3,730

3,188

2,651

3,364

Accrued liabilities

3,020

2,287

8,358

3,999

4,341

8,743

3,447

2,140

3,407

3,106

3,955

2,846

3,430

2,887

2,845

2,177

3,760

3,071

2,950

3,319

2,963

6,624

7,714

8,826

6,626

6,487

6,903

7,193

4,766

5,817

8,774

5,638

3,421

3,644

2,610

3,120

2,151

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Line of credit

417

417

-

-

-

0

-

-

-

-

0

417

417

417

-

-

-

0

-

-

-

-

417

437

497

577

-

-

-

0

-

-

0

-

1,917

2,000

2,000

Current operating leases

187

189

107

129

148

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

1,190

640

81

113

133

81

134

487

-

185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,328

4,278

1,501

-

5,226

2,937

18

350

931

824

6

522

75

119

75

75

74

29

0

Deferred income

-

-

-

-

-

-

-

-

294

-

185

376

484

2,225

1,900

557

185

271

989

185

907

1,635

2,013

639

131

873

1,203

2,312

1,466

2,027

3,505

4,953

8,490

4,863

2,317

1,515

389

Total current liabilities

7,069

5,508

12,729

6,820

8,072

10,946

5,005

3,428

5,023

7,453

5,970

4,948

4,827

6,500

5,647

3,424

4,550

4,568

11,726

8,895

7,696

13,249

21,032

15,128

10,256

12,191

10,636

10,894

8,781

11,786

14,413

12,804

14,605

12,312

10,106

9,315

7,904

Line of credit

-

-

417

417

417

417

417

417

417

417

417

-

-

0

417

417

417

417

417

417

417

417

-

-

-

0

747

847

897

897

927

1,017

1,017

1,017

-

-

0

Deferred income tax liability

41,683

31,243

31,229

32,514

32,315

31,906

32,296

32,333

-

32,163

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term operating leases

372

415

340

365

393

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

32,211

-

50,512

51,136

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

52,479

53,745

54,685

55,688

56,593

56,458

55,675

56,427

58,895

58,304

51,238

51,550

51,504

51,464

49,477

47,808

46,189

43,741

42,385

40,673

38,919

36,769

33,710

32,394

29,746

Other long-term liabilities

1,416

1,718

1,790

1,869

1,764

1,699

1,227

1,139

1,075

958

880

820

372

325

271

232

177

129

135

141

148

155

164

176

188

197

206

215

222

502

507

513

517

524

528

528

528

Total liabilities

50,540

38,884

46,505

41,985

42,961

44,968

38,945

37,317

38,726

40,991

57,779

56,904

57,678

60,570

61,020

59,761

61,737

61,572

67,953

65,880

67,156

72,125

72,434

66,854

61,948

63,852

61,066

59,764

56,089

56,926

58,232

55,007

55,058

50,622

44,344

42,237

38,178

Commitments and contingencies (Notes 6, 12 and 14)

-

-

-

-

-

-

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

-

-

-

Stockholders’ Equity:
Preferred stock, 5,000 shares authorized, no shares issued or outstanding

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

0

0

0

0

0

0

0

0

Common stock, 30,000 shares authorized, par value $0.01; 13,273 and 13,178 shares issued, respectively

133

132

131

131

131

130

130

130

129

129

128

128

128

128

127

127

127

126

126

126

126

124

125

125

124

123

123

123

123

122

122

122

122

122

122

122

122

Additional paid-in capital

110,926

110,573

109,861

109,218

108,617

107,760

107,104

105,928

105,415

105,325

103,916

103,101

102,369

100,812

99,623

99,031

98,415

98,310

97,335

96,285

95,346

95,065

94,255

93,328

92,169

91,344

90,598

89,789

88,985

88,823

88,465

88,001

87,548

87,225

87,043

86,683

86,034

Retained earnings

141,560

137,478

140,989

153,221

152,648

151,342

152,573

152,337

152,090

151,865

133,163

132,641

132,266

132,014

130,854

129,345

128,086

125,545

122,268

119,706

119,092

115,398

111,394

107,511

104,126

101,270

98,113

94,718

90,874

86,880

83,309

80,703

77,704

74,195

71,171

68,940

64,435

Treasury Shares, at cost, 38 shares

490

490

490

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation liability payable in company stock

-

-

-

-

-

-

-

-

816

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Company stock held by deferred compensation plan

-

-

-

-

-

-

-

-

816

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

252,129

247,693

250,491

262,570

261,396

259,232

259,807

258,395

257,634

257,319

237,207

235,870

234,763

232,954

230,604

228,503

226,628

223,981

219,729

216,117

214,564

210,587

205,774

200,964

196,419

192,737

188,834

184,630

179,982

175,825

171,896

168,826

165,374

161,542

158,336

155,745

150,591

Total liabilities and stockholders' equity

302,669

286,577

296,996

304,555

304,357

304,200

298,752

295,712

296,360

298,310

294,986

292,774

292,441

293,524

291,624

288,264

288,365

285,553

287,682

281,997

281,720

282,712

278,208

267,818

258,367

256,589

249,900

244,394

236,071

232,751

230,128

223,833

220,432

212,164

202,680

197,982

188,769