National presto industries inc (NPK)
Balance Sheet / Yearly
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'11Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents

79,579

59,171

63,438

61,735

56,847

80,538

36,610

23,586

11,222

6,125

10,026

16,620

27,034

8,018

19,017

29,876

56,222

40,058

49,805

49,356

54,043

25,289

20,021

7,970

22,953

46,388

35,632

43,047

37,437

60,138

54,703

44,980

73,995

46,265

30,501

49,719

Marketable securities

78,733

84,781

91,517

97,767

134,598

102,516

129,439

132,577

144,252

121,291

128,706

143,379

84,457

65,779

56,282

36,318

32,259

24,579

21,705

20,593

22,404

20,625

23,230

27,707

36,404

44,321

45,056

55,043

55,586

53,155

64,071

54,616

59,360

71,352

81,496

101,005

Accounts receivable

41,914

-

-

-

53,119

-

-

-

67,089

-

-

-

69,101

-

-

-

57,374

-

-

-

70,171

-

-

-

85,400

-

-

-

82,554

-

-

-

74,995

-

-

91,642

Less allowance for doubtful accounts

450

-

-

-

747

-

-

-

1,869

-

-

-

1,816

-

-

-

1,796

-

-

-

1,419

-

-

-

1,078

-

-

-

6,111

-

-

-

1,361

-

-

527

Accounts receivable, net

41,464

41,337

36,746

36,511

52,372

43,771

43,266

43,401

65,220

44,637

38,056

41,251

67,285

58,131

53,426

55,823

55,578

50,885

50,274

51,346

68,752

50,265

42,985

62,754

84,322

61,376

72,426

50,529

76,443

69,882

57,840

66,830

73,634

69,650

57,965

91,115

Inventories:
Finished goods

33,495

41,927

33,070

26,169

28,791

32,772

26,536

27,695

27,242

35,888

29,211

25,077

25,200

40,605

37,240

34,064

27,765

44,452

34,697

30,686

30,308

45,228

42,325

36,119

36,078

56,779

46,653

37,805

33,851

47,385

32,051

27,008

32,759

44,559

43,033

37,144

Work in process

87,805

84,427

74,406

67,690

59,580

58,818

65,569

68,717

72,219

89,109

83,178

81,070

66,528

78,967

69,277

65,104

57,397

62,831

52,886

54,055

50,569

58,086

57,139

50,084

49,690

46,299

47,361

50,051

40,340

45,084

45,017

57,829

50,462

33,788

32,208

37,040

Raw materials

7,236

7,362

6,998

6,309

5,617

6,033

5,543

4,968

4,978

4,546

4,511

3,634

3,675

8,462

9,927

8,768

3,747

8,940

9,505

8,488

8,181

10,126

11,142

9,396

6,746

8,165

9,628

9,021

9,173

8,954

10,328

10,481

11,285

11,026

12,688

8,948

Supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69

73

15

-

-

-

-

-

-

-

-

-

-

-

-

Total inventory

128,536

133,716

114,474

100,168

93,988

97,623

97,648

101,380

104,439

129,543

116,900

109,781

95,403

128,034

116,444

107,936

88,909

116,223

97,088

93,229

89,058

113,509

110,679

95,614

92,514

111,243

103,642

96,877

83,364

101,423

87,396

95,318

94,506

89,373

87,929

83,132

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,623

6,623

6,623

-

8,083

8,083

8,083

8,083

8,906

8,906

8,906

8,906

6,140

6,140

6,140

6,140

6,268

6,268

6,268

Income tax receivable

-

-

-

-

-

2,057

607

-

-

-

-

-

-

3,662

4,332

-

-

317

-

-

1,668

6,492

6,043

1,504

213

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

375

528

528

4,417

6,189

4,064

5,335

4,501

58,893

-

-

-

21,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes receivable, current

2,853

2,841

7,327

7,245

7,213

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

6,668

5,485

6,270

6,850

6,869

6,649

6,852

7,620

7,186

6,778

7,028

7,537

7,423

7,959

7,553

7,566

6,961

9,005

9,337

23,058

9,671

16,516

17,532

19,609

19,584

12,561

12,462

15,853

9,018

15,227

24,319

20,981

21,270

21,836

24,279

14,301

Total current assets

337,833

327,331

319,772

310,276

352,262

333,682

314,950

312,981

338,508

312,438

306,051

323,069

340,495

271,583

257,054

237,519

261,592

247,690

234,832

244,205

245,596

240,779

228,573

223,241

264,073

284,795

278,124

270,255

270,754

305,965

294,469

288,865

328,905

304,744

288,438

345,540

PROPERTY, PLANT AND EQUIPMENT:
Land and land improvements

3,008

-

-

-

3,008

-

-

-

4,985

-

-

-

4,933

-

-

-

4,807

-

-

-

4,757

-

-

-

4,007

-

-

-

2,010

-

-

-

1,955

-

-

1,946

Buildings

47,748

-

-

-

45,995

-

-

-

47,412

-

-

-

47,012

-

-

-

43,392

-

-

-

39,927

-

-

-

37,809

-

-

-

30,708

-

-

-

29,348

-

-

25,527

Machinery and equipment

43,226

-

-

-

47,091

-

-

-

51,141

-

-

-

49,218

-

-

-

48,701

-

-

-

126,580

-

-

-

114,056

-

-

-

90,700

-

-

-

90,305

-

-

79,626

PROPERTY, PLANT AND EQUIPMENT

93,982

96,417

99,269

98,601

96,094

107,119

108,795

105,301

103,538

103,885

103,552

101,823

101,163

180,965

179,643

178,124

96,900

176,308

173,625

172,735

171,264

168,447

165,266

164,193

155,872

141,282

136,805

129,164

123,418

131,290

128,445

126,094

121,608

119,519

116,149

107,099

Less allowance for depreciation and amortization

56,704

56,677

58,802

57,900

56,951

60,896

60,395

59,396

58,370

56,712

55,428

53,361

51,688

95,546

92,088

88,602

43,741

82,908

80,257

78,124

75,721

73,402

70,937

68,574

66,283

67,607

65,699

63,645

61,553

64,673

62,322

59,767

57,340

55,520

53,207

48,991

PROPERTY, PLANT AND EQUIPMENT, NET

37,278

39,740

40,467

40,701

39,143

46,223

48,400

45,905

45,168

47,173

48,124

48,462

49,475

85,419

87,555

89,522

53,159

93,400

93,368

94,611

95,543

95,045

94,329

95,619

89,589

73,675

71,106

65,519

61,865

66,617

66,123

66,327

64,268

63,999

62,942

58,108

GOODWILL

15,317

15,824

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

11,485

-

-

-

14,325

18,771

18,771

18,468

-

11,485

11,485

11,485

INTANGIBLE ASSETS, net

3,059

2,988

1,000

1,000

1,000

1,118

1,170

2,586

3,330

4,110

4,589

4,594

4,961

5,114

4,903

4,903

5,471

7,005

7,361

8,250

10,644

16,183

18,874

22,254

24,698

-

-

-

3,397

-

-

-

-

-

-

-

GOODWILL & OTHER INTANGIBLES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,222

17,389

17,555

-

-

-

-

18,468

-

-

-

NOTES RECEIVABLE

7,182

7,127

7,073

7,019

6,966

6,912

6,858

6,804

6,750

6,696

6,642

6,588

6,534

6,481

6,427

3,972

3,940

3,911

3,880

3,850

3,818

3,786

3,756

3,725

3,695

3,664

3,633

3,602

3,571

-

-

-

-

-

-

-

RIGHT-OF-USE LEASE ASSETS

3,521

3,650

3,715

3,832

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED INCOME TAXES

1,281

1,052

1,046

1,069

1,088

986

977

983

995

4,904

4,910

4,908

3,004

1,708

1,723

3,333

3,336

4,288

4,291

4,292

2,335

6,759

6,761

6,761

6,759

7,353

7,357

7,372

7,368

9,397

9,398

9,407

9,405

4,457

4,467

4,467

ASSETS HELD FOR SALE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38,147

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTHER ASSETS

4,782

6,559

-

1,159

1,674

3,966

5,696

4,947

5,637

6,832

8,138

3,634

4,644

6,505

9,063

9,832

10,254

10,566

12,321

-

4,650

-

-

-

-

-

-

-

-

3,500

-

-

-

-

-

-

Total assets

410,253

404,271

384,558

376,541

413,618

404,372

389,536

385,691

411,873

393,638

389,939

402,740

417,594

386,587

376,487

360,566

387,384

374,057

363,247

362,401

374,071

367,278

357,017

356,324

393,540

379,356

370,252

356,931

353,912

394,853

379,363

373,660

411,641

380,228

362,865

415,133

LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES
CURRENT LIABILITIES:
Accounts payable

21,652

27,701

28,311

26,510

34,100

36,612

29,535

29,925

28,445

27,685

31,175

36,214

39,584

40,651

40,692

31,464

27,748

31,141

29,634

33,426

32,948

33,161

26,945

31,573

38,323

40,720

41,404

34,327

39,077

44,431

39,860

39,392

48,344

33,876

32,555

44,298

Federal and state income taxes

3,799

2,939

849

3,113

1,384

-

-

7,029

3,750

3,235

5,579

23,272

6,273

-

-

3,314

2,196

-

127

4,590

-

-

-

-

-

1,053

12

2,678

1,642

-

-

4,786

1,567

3,665

-

5,859

Lease liabilities

520

520

483

539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued liabilities

13,324

14,090

12,484

12,417

12,011

13,801

12,654

12,460

13,092

13,196

12,342

12,321

12,244

15,043

13,462

13,737

12,570

14,799

13,734

13,998

15,680

14,809

16,135

15,266

15,907

15,081

15,379

14,904

15,254

17,659

16,324

15,146

16,035

15,458

15,601

16,572

Liabilities held for sale

-

-

-

-

-

-

-

19

210

105

17

90

6,253

-

-

-

5,616

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

39,295

45,250

42,127

42,579

47,495

50,413

42,189

49,433

45,497

44,221

49,113

71,897

64,354

55,694

54,154

48,515

48,130

45,940

43,495

52,014

48,628

47,970

43,080

46,839

54,230

56,854

56,795

51,909

55,973

62,090

56,184

59,324

65,946

52,999

48,156

66,729

LEASE LIABILITIES - NON-CURRENT

3,001

3,130

3,232

3,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

42,296

-

-

-

47,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

COMMITMENTS AND CONTINGENCIES

-

-

-

-

-

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

STOCKHOLDERS' EQUITY
Common stock, $1 par value: Authorized: 12,000,000 shares at December 31, 2019 and 2018; Issued: 7,440,518 shares at December 31, 2019 and 2018; Outstanding: 7,006,323 and 6,981,080 shares at December 31, 2019 and 2018, respectively

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

7,441

Paid-in capital

11,447

11,198

10,914

10,692

10,360

10,118

9,889

9,640

9,074

8,855

8,650

8,424

7,913

7,675

7,450

7,239

6,775

6,572

6,376

6,195

5,906

5,654

5,486

5,287

4,998

4,780

4,739

4,620

4,472

4,130

4,008

3,902

3,539

3,426

3,315

2,738

Retained earnings

362,842

351,119

334,730

326,574

362,709

350,906

344,529

333,754

364,757

347,997

339,666

329,953

350,203

329,429

321,123

312,849

340,799

325,642

317,532

308,412

328,417

315,941

310,802

306,631

336,895

319,812

310,797

302,497

295,643

329,028

319,627

310,925

342,873

329,472

317,086

351,571

Accumulated other comprehensive income

136

157

180

90

21

-52

-21

-42

-86

-12

-24

-19

-47

-20

9

-4

-9

-4

3

4

-3

8

11

12

8

26

33

61

53

57

58

76

72

110

128

129

Stockholders' equity before treasury stock

381,866

369,915

353,265

344,797

380,531

368,413

361,838

350,793

381,186

364,281

355,733

345,799

365,510

344,525

336,023

327,525

355,006

339,651

331,352

322,052

341,761

329,044

323,740

319,371

349,342

332,059

323,010

314,619

307,609

340,656

331,134

322,344

353,925

340,449

327,970

361,879

Less treasury stock, at cost, 434,195 and 459,438 shares at December 31, 2019 and 2018, respectively

13,909

14,024

14,066

14,128

14,408

14,454

14,491

14,535

14,810

14,864

14,907

14,956

15,274

15,340

15,413

15,474

15,752

15,822

15,891

15,957

16,318

16,495

16,564

16,647

16,791

16,910

16,910

16,969

17,038

17,290

17,353

17,415

17,635

17,677

17,728

17,942

Total stockholders' equity

367,957

355,891

339,199

330,669

366,123

353,959

347,347

336,258

366,376

349,417

340,826

330,843

350,236

329,185

320,610

312,051

339,254

323,829

315,461

306,095

325,443

312,549

307,176

302,724

332,551

315,149

306,100

297,650

290,571

323,366

313,781

304,929

336,290

322,772

310,242

343,937

Total liabilities and stockholders' equity

410,253

404,271

384,558

376,541

413,618

404,372

389,536

385,691

411,873

393,638

389,939

402,740

417,594

386,587

376,487

360,566

387,384

374,057

363,247

362,401

374,071

367,278

357,017

356,324

393,540

379,356

370,252

356,931

353,912

394,853

379,363

373,660

411,641

380,228

362,865

415,133