Northwest pipe co. (NWPX)
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
Current assets:
Cash and cash equivalents

9,656

31,014

11,744

10,054

3,843

6,677

1,547

41,887

39,991

43,646

5,303

17,528

20,807

21,829

11,805

9,065

9,402

10,309

635

688

116

527

72

75

49

588

33

194

47

46

28

25

88

182

72

43

51

Trade and other receivables, less allowance for doubtful accounts of $778 and $801

38,789

38,026

36,632

30,162

27,791

34,394

33,955

16,334

24,241

28,990

24,245

20,975

18,616

25,555

22,615

16,835

21,969

27,567

35,422

33,533

32,128

58,310

47,544

47,560

57,482

72,470

64,609

57,946

65,415

41,498

70,980

72,229

64,872

69,894

85,181

93,753

66,474

Contract assets

79,350

91,186

90,800

84,093

70,267

74,271

64,130

44,320

44,845

44,502

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

50,293

43,178

45,063

43,663

46,063

47,894

41,409

42,592

38,700

49,794

52,553

45,847

55,774

49,466

44,328

50,468

51,066

65,687

70,018

73,314

57,323

48,526

44,144

38,029

47,621

59,811

45,533

Inventories

39,259

30,654

27,287

33,513

41,116

39,376

34,742

19,270

17,126

17,055

18,998

22,415

16,954

18,645

20,606

25,542

29,379

29,475

49,161

51,151

61,283

72,779

77,272

64,068

62,974

110,392

109,945

115,845

109,604

113,545

131,679

120,604

98,612

107,169

91,889

74,178

80,887

Refundable income taxes

-

-

-

-

-

-

-

-

-

-

-

78

-

-

341

349

3,441

3,413

8,208

6,769

3,925

5,031

3,888

6,333

11,474

1,073

1,339

-

-

-

4,982

-

-

-

-

-

15,099

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,075

6,607

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,900

4,819

6,218

5,487

5,430

5,765

4,137

6,208

-

-

-

5,177

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,277

6,477

6,405

-

4,886

5,677

7,293

6,391

7,481

6,442

6,293

Prepaid expenses and other

4,375

4,159

3,178

3,983

4,505

4,795

5,350

5,300

5,683

6,562

1,013

1,136

1,772

2,096

962

1,121

1,454

1,923

1,642

1,717

7,087

7,258

5,873

6,244

2,156

2,381

1,708

1,636

1,985

2,558

1,302

1,798

4,913

5,258

2,099

1,566

2,163

Assets held for sale

-

-

-

-

-

-

-

3,088

-

-

36,439

-

-

36,822

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

171,429

195,039

169,641

161,805

147,522

159,513

139,724

130,199

131,886

140,755

136,291

105,310

103,212

148,610

108,467

107,413

107,054

115,279

138,668

148,471

163,310

195,239

195,853

179,511

182,600

243,580

233,977

247,785

253,474

236,138

271,180

248,859

219,922

226,923

234,343

235,793

216,500

Property and equipment, less accumulated depreciation and amortization of $88,786 and $86,244

108,315

99,631

99,440

100,285

102,397

103,447

107,907

74,430

78,349

78,756

79,043

116,213

116,848

81,671

120,164

121,568

130,198

131,848

132,640

133,362

132,848

132,595

132,097

134,235

133,303

143,061

162,616

162,191

158,796

152,545

150,702

152,612

153,225

152,846

152,156

151,979

154,274

Operating lease right-of-use assets

28,678

7,683

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

22,985

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,282

5,282

21,348

21,348

21,348

25,760

20,478

20,478

20,478

20,478

20,478

20,478

20,478

20,478

20,478

20,478

21,451

Intangible assets, net

11,997

1,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

5,909

6,661

16,232

16,962

16,606

8,390

9,593

9,300

9,492

10,813

10,591

10,992

11,054

11,274

11,638

11,800

11,958

12,253

12,111

12,833

19,313

18,766

19,698

20,726

25,345

21,058

16,642

14,867

13,166

13,261

12,680

13,091

13,883

13,126

15,565

17,213

22,658

Total assets

349,313

310,245

285,313

279,052

266,525

271,350

257,224

213,929

219,727

230,324

225,925

232,515

231,114

241,555

240,269

240,781

249,210

259,380

283,419

294,666

320,753

351,882

368,996

355,820

362,596

433,459

433,713

445,321

445,914

422,422

455,040

435,040

407,508

413,373

422,542

425,463

414,883

Current liabilities:
Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,892

7,866

5,916

7,253

8,793

-

-

-

1,029

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

291

1,012

940

2,038

4,147

929

3,771

520

695

933

1,462

2,835

1,312

5,371

18,215

3,368

4,005

3,635

2,792

6,478

8,757

3,681

4,364

7,814

11,095

18,884

14,808

Borrowings on line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,552

-

-

-

-

-

-

-

-

-

-

-

-

52,000

-

-

-

72,819

-

Current portion of long-term debt

2,911

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,571

5,714

5,714

5,714

5,714

5,714

5,714

5,714

5,714

5,714

5,714

5,714

5,714

Accounts payable

17,933

15,493

7,626

12,694

15,524

19,784

19,291

5,568

4,460

7,521

3,699

7,620

3,627

5,267

4,979

4,976

3,739

4,739

10,463

14,598

9,421

15,480

21,978

16,638

20,924

21,731

22,063

29,528

33,598

21,042

24,421

30,686

21,444

20,248

27,996

19,478

28,463

Accrued liabilities

10,670

12,150

12,174

10,725

8,916

7,963

6,063

5,013

5,105

6,563

7,787

7,682

7,140

10,925

12,285

14,271

15,488

15,971

9,213

9,442

9,103

9,071

10,301

10,410

12,192

10,302

11,878

17,586

22,972

23,424

51,734

40,805

21,579

18,146

21,533

18,588

11,448

Contract liabilities

7,882

12,281

10,862

13,986

4,530

3,745

802

184

1,155

2,599

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

2,450

1,642

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of capital lease obligations

-

-

-

-

-

-

430

400

397

318

244

258

288

325

358

384

366

340

171

178

1,927

2,170

998

974

950

2,216

4,420

4,658

3,298

3,295

3,266

3,261

3,298

3,358

3,388

3,393

3,257

Total current liabilities

41,846

41,566

30,662

37,405

28,970

31,492

26,586

11,165

11,117

17,001

12,021

16,572

11,995

18,555

21,769

20,560

23,364

21,570

27,094

25,151

21,913

29,556

34,589

33,393

55,852

48,223

55,946

67,037

75,627

68,746

93,892

136,147

56,399

56,309

69,726

138,876

63,690

Long-term debt, less current portion

12,968

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

643

2,071

2,071

3,571

6,357

7,786

7,786

9,286

12,071

13,500

13,500

17,786

Operating lease liabilities, less current portion

25,264

6,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on line of credit

-

-

-

-

-

11,464

190

-

-

-

-

-

-

-

-

-

-

-

0

7,053

24,823

45,587

46,649

39,924

25,191

87,919

59,951

60,750

56,236

47,533

58,289

-

53,807

62,000

62,000

-

68,000

Deferred income taxes

10,293

4,265

-

-

-

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, less current portion

-

-

-

-

-

-

931

920

1,022

737

424

481

539

602

667

739

667

718

112

149

180

225

846

1,105

1,357

5,679

6,248

6,797

8,331

9,179

10,024

10,851

11,550

12,347

13,156

13,974

15,705

Deferred income taxes

-

-

-

-

-

-

67

233

354

941

82

193

1,044

1,282

2,461

5,344

5,473

5,124

-

-

-

-

-

-

-

-

18,957

17,319

17,131

-

19,655

20,484

21,102

20,588

16,811

15,385

14,582

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11,012

-14,235

-14,194

-14,015

-12,208

-12,250

-12,879

-11,842

-

-

-

15,254

-

-

-

-

-

-

-

Other long-term liabilities

9,757

10,009

18,898

17,205

16,767

9,736

10,814

10,783

10,967

11,381

10,956

11,100

11,849

11,903

12,321

12,450

12,526

14,408

14,379

16,070

16,119

16,864

15,742

16,197

16,219

17,303

13,301

16,002

16,181

15,921

11,300

9,823

9,823

9,791

8,739

8,827

8,828

Total liabilities

100,128

62,087

49,560

54,610

45,737

52,760

38,588

23,101

23,460

30,060

23,483

28,346

25,427

32,342

37,218

39,093

42,030

41,820

52,597

62,658

77,229

106,247

110,034

102,869

111,498

171,609

156,474

169,976

177,077

162,990

200,946

185,091

161,967

173,106

183,932

190,562

188,591

Commitments and contingencies (Note 10)

-

-

-

-

-

-

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:
Preferred stock, $.01 par value, 10,000,000 shares authorized, none 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

Common stock, $.01 par value, 15,000,000 shares authorized, 9,787,995 and 9,746,979 shares issued and outstanding

98

97

97

97

97

97

97

97

97

96

96

96

96

96

96

96

96

96

96

96

96

95

95

95

95

94

94

94

94

94

94

94

94

94

94

93

93

Additional paid-in-capital

120,902

120,544

120,051

119,510

118,857

118,835

118,835

118,835

118,635

119,856

119,619

119,382

118,927

118,680

118,207

117,689

117,054

117,819

117,372

117,167

116,697

116,802

-

-

-

114,559

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in-capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115,370

114,488

113,630

-

113,667

112,792

111,953

112,230

111,372

110,514

109,782

109,348

108,193

108,066

107,578

Retained earnings

129,895

129,331

117,315

106,568

103,594

101,194

101,046

73,245

78,931

81,757

83,915

85,984

88,052

91,920

86,086

85,358

91,600

101,183

114,876

116,391

128,470

130,571

144,567

139,546

138,568

148,458

165,464

164,448

158,887

149,381

144,871

141,475

137,871

133,137

131,670

128,386

120,477

Accumulated other comprehensive loss

-1,710

-1,814

-1,710

-1,733

-1,760

-1,536

-1,342

-1,349

-1,396

-1,445

-1,188

-1,293

-1,388

-1,483

-1,338

-1,455

-1,570

-1,538

-1,522

-1,646

-1,739

-1,833

-1,070

-1,178

-1,195

-1,261

-1,986

-1,989

-2,097

-2,273

-2,243

-2,134

-2,206

-2,312

-1,347

-1,644

-1,856

Total stockholders’ equity

249,185

248,158

235,753

224,442

220,788

218,590

218,636

190,828

196,267

200,264

202,442

204,169

205,687

209,213

203,051

201,688

207,180

217,560

230,822

232,008

243,524

245,635

258,962

252,951

251,098

261,850

277,239

275,345

268,837

259,432

254,094

249,949

245,541

240,267

238,610

234,901

226,292

Total liabilities and stockholders’ equity

349,313

310,245

285,313

279,052

266,525

271,350

257,224

213,929

219,727

230,324

225,925

232,515

231,114

241,555

240,269

240,781

249,210

259,380

283,419

294,666

320,753

351,882

368,996

355,820

362,596

433,459

433,713

445,321

445,914

422,422

455,040

435,040

407,508

413,373

422,542

425,463

414,883