Otelco inc. (OTEL)
Balance Sheet / TTM
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'11Mar'11Dec'10
Current assets
Cash and cash equivalents

4,128

3,113

5,298

5,354

5,478

4,657

3,720

4,238

6,288

3,570

8,855

11,274

10,669

10,538

9,333

8,276

6,927

6,884

5,893

6,863

7,717

5,082

5,812

4,807

6,859

9,916

10,350

11,120

34,293

32,516

27,184

22,982

16,041

12,393

-

16,433

18,473

18,226

Accounts receivable:
Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,761,824

-

-

-

Due from subscribers, net of allowance for doubtful accounts of $102 and $209, respectively

3,869

3,908

3,943

3,988

3,931

4,183

4,939

4,533

4,489

4,647

4,637

4,631

4,796

5,035

5,108

3,423

3,426

5,185

3,878

3,526

3,416

3,732

3,471

3,772

3,610

3,730

3,893

4,107

4,083

4,206

4,637

4,085

4,150

4,355

4,360,122

3,981

4,206

4,406

Unbilled receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,610

1,622

-

1,627

1,666

1,668

1,675

1,718

1,800

1,859

1,906

1,941

1,993

2,008

2,004

2,068

2,163

2,181

2,183

-

2,182

2,156

2,161

Other

1,917

1,905

1,914

1,844

2,044

1,899

2,003

2,196

1,691

1,875

1,709

1,537

1,572

1,528

1,722

1,640

1,664

1,722

2,060

1,972

1,904

1,931

1,979

2,125

2,534

2,050

2,639

2,942

3,520

5,336

-

-

-

5,449

-

-

-

-

Materials and supplies

3,825

3,954

4,250

3,493

3,636

2,802

2,773

2,826

3,009

2,700

2,847

2,533

2,598

2,184

2,232

2,079

2,064

1,906

1,997

2,136

2,315

1,915

1,815

1,642

1,643

1,654

1,794

1,814

1,924

1,845

-

-

-

1,780

-

-

-

-

Prepaid expenses

1,212

1,624

1,182

1,356

1,167

1,198

1,143

1,285

1,451

3,122

1,606

1,337

1,817

2,912

1,312

1,519

1,674

2,775

1,680

1,474

1,758

3,441

1,868

1,577

1,637

1,863

1,841

1,369

2,827

1,982

-

-

-

1,328

-

-

-

-

Unbilled receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,197,367

-

-

-

Other assets

241

251

260

256

251

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,053

5,450

4,669

-

5,486,213

5,209

3,639

4,299

Materials and supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,999

1,939

2,026

-

1,999,397

1,905

1,879

1,817

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,505

1,223

1,380

-

1,180,987

946

1,072

1,305

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

57

57

57

-

-

-

0

-

-

-

905

-

-

-

-

816

816

726

726

626,267

626

626

626

Total current assets

15,192

14,755

16,847

16,291

16,507

14,739

14,578

15,078

16,928

15,914

19,654

21,312

21,452

22,197

19,764

18,604

17,434

18,529

17,135

17,637

18,778

17,776

17,370

16,628

19,047

22,024

25,418

25,774

50,500

49,732

43,266

38,662

31,177

28,217

33,612,177

31,285

32,054

32,841

Property and equipment, net

58,599

57,284

54,283

52,897

51,795

52,073

51,544

50,782

50,355

50,888

50,078

49,604

48,830

49,271

48,324

48,274

48,648

49,811

49,780

50,226

50,718

51,237

51,951

52,575

53,562

54,462

53,939

54,875

56,571

58,243

57,925

59,630

64,233

65,881

62,616,216

63,644

62,824

63,887

Goodwill

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

44,976

45,103

44,957

44,957

44,956

44,956

44,957

44,956

44,956

188,954

188,954

188,190,078

188,190

188,190

188,190

Intangible assets, net

435

530

625

721

820

919

1,019

1,118

1,223

1,328

1,433

1,542

1,664

1,785

1,909

2,038

2,201

2,363

2,529

2,700

2,940

3,178

3,445

3,718

3,963

4,074

4,420

4,769

5,580

6,671

8,278

10,328

18,982

20,545

20,501,145

22,312

24,123

25,934

Operating lease right-of-use asset

1,042

1,146

907

980

981

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

1,470

1,477

1,479

1,485

1,492

1,498

1,493

1,500

1,506

1,632

1,637

1,644

1,650

1,821

1,826

1,833

1,839

1,846

1,851

1,858

1,864

1,870

1,876

1,882

1,888

1,895

1,900

1,906

1,912

1,919

1,924

1,931

1,937

1,943

1,947,963

1,954

1,960

1,967

Interest rate cap

-

-

-

-

-

4

40

46

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

521

729

936

1,161

1,390

1,622

1,858

2,097

2,340

2,586

2,130

4,037

4,058

3,831

4,152

4,485

4,731,752

5,073

5,415

5,757

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

Other assets

128

577

496

382

245

143

151

150

190

201

248

243

250

222

241

269

290

259

313

362

398

471

534

537

578

563

569

1,269

529

490

505

497

387

240

122,940

142

169

77

Total assets

121,842

120,745

119,613

117,732

116,816

114,352

113,801

113,650

115,212

114,939

118,026

119,321

118,822

120,272

117,040

115,994

115,388

117,784

117,105

118,488

120,610

120,669

123,327

123,544

127,605

131,678

135,099

137,704

168,459

172,325

168,490

167,413

317,279

317,724

316,137,368

317,017

319,153

323,176

Current liabilities
Accounts payable

1,930

1,525

1,997

1,855

1,248

1,331

1,083

705

1,315

1,619

1,344

751

1,181

1,477

1,159

940

995

1,818

898

1,049

1,130

1,104

1,068

1,154

1,188

1,552

935

3,226

1,075

2,007

1,228

968

1,422

1,490

1,460,497

657

445

768

Accrued expenses

4,673

4,861

6,131

5,150

5,517

5,054

6,298

4,927

4,783

4,803

5,316

5,346

5,353

4,730

5,880

5,662

5,718

4,567

5,926

6,014

5,351

5,054

6,422

6,336

5,522

5,141

5,904

5,892

6,291

14,901

11,331

10,918

7,344

6,034

7,217,175

6,769

7,106

7,926

Advance billings and payments

1,600

1,618

1,508

1,517

1,568

1,614

-

-

-

1,684

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits

40

44

45

50

49

48

-

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current operating lease liability

241

296

325

341

339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance billings and payments

-

-

-

-

-

-

1,568

1,558

1,632

-

1,655

1,525

1,537

1,487

1,381

1,377

1,385

1,418

1,419

1,409

1,413

1,410

1,397

1,416

1,407

1,422

1,460

1,472

1,507

1,560

1,566

1,599

1,600

1,590

1,485,017

1,525

1,579

1,595

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

53

53

-

53

620

469

469

469

469

397

430

431

387

387

353

353

353,285

353

353

353

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53

-

707

905

905

1,606

2,960

2,426

1,843

1,843

7,575

7,575

7,454

7,454

4,415,097

4,415

4,415

4,415

Customer deposits

-

-

-

-

-

-

64

62

55

-

62

67

67

62

68

72

72

68

72

74

77

70

73

75

79

84

84

87

93

91

119

137

146

143

179,524

183

184

172

Current maturity of long-term notes payable, net of debt issuance cost

3,857

3,929

3,922

3,915

3,909

3,904

3,903

3,897

3,890

3,891

2,976

2,959

2,963

6,071

2,929

2,912

2,902

2,203

102,015

105,089

9,379

6,665

7,172

6,665

8,130

7,441

7,000

6,665

-

270,990

-

-

-

-

-

-

-

-

Total current liabilities

12,341

12,273

13,928

12,828

12,630

11,951

12,916

11,149

11,675

12,055

11,353

10,648

11,101

13,827

11,417

10,963

11,072

10,074

110,383

113,688

17,403

14,356

16,752

16,115

16,795

16,109

15,852

17,742

9,398

289,980

14,633

14,011

10,865

9,612

10,695,498

9,489

9,668

10,815

Deferred income taxes

21,521

21,521

-

-

-

20,145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities subject to compromise

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

278,827

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

20,145

20,145

20,145

-

18,939

18,939

18,939

18,939

28,280

28,280

28,280

28,280

26,163

26,163

26,163

26,163

24,027

24,027

-

24,027

24,133

23,181

23,181

23,181

23,182

23,365

22,670

22,670

23,179

22,951

48,112

48,112

42,512,576

42,512

42,512

42,512

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,027

-

1,785

1,606

1,606

-

1,556

1,564

6,275

6,276

-

-

-

-

-

-

-

-

Interest rate swaps

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

241

830,299

1,485

1,965

2,471

Advance billings and payments

2,088

2,157

2,092

2,140

2,187

2,234

2,260

2,294

2,331

2,367

2,401

2,444

2,407

1,987

588

601

615

628

641

654

668

681

694

708

721

736

749

762

775

789

801

815

828

615

625,930

636

646

656

Other liabilities

8

12

1

9

19

13

21

8

17

13

21

8

17

26

22

8

17

27

137

124

133

142

117

123

132

139

159

148

159

484

428

476

274

403

401,144

350

359

368

Long-term operating lease liability

801

850

582

639

642

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term notes payable, less current maturities and debt issuance cost

64,073

65,172

66,157

67,141

68,122

69,107

71,101

75,079

79,056

80,058

81,917

85,547

86,230

86,860

90,609

91,254

91,900

97,052

0

0

100,090

105,470

107,221

110,394

115,061

121,192

124,634

126,635

-

-

-

-

-

-

-

-

-

-

Long-term notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

271,020

271,049

271,078

271,106

271,133,432

271,159

271,571

271,595

Total liabilities

100,832

101,985

102,905

102,902

103,745

103,450

105,237

107,469

112,018

113,432

123,972

126,927

128,035

130,980

128,799

128,989

129,767

133,944

135,188

138,493

142,321

144,676

148,917

150,521

155,890

161,357

164,576

168,652

311,831

313,923

310,064

309,304

331,159

330,092

326,198,879

325,633

326,723

328,420

Stockholders' equity
Class A Common Stock, $.01 par value-authorized 10,000,000 shares; issued and outstanding 3,421,794 and 3,412,805 shares, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132

-

132,214

132

-

132

Additional paid in capital

4,307

4,275

4,203

4,144

4,101

4,213

4,112

4,056

3,976

4,285

4,214

4,143

4,072

4,186

4,082

3,971

3,911

3,881

3,802

3,730

3,679

3,519

2,876

2,876

2,876

2,876

2,876

2,875

-

-

-

-

-

-

-

-

-

-

Additional paid in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

921

Retained earnings

16,669

14,451

12,471

10,652

8,936

6,655

4,418

2,091

-816

-2,812

-10,194

-11,783

-13,319

-14,927

-15,874

-16,999

-18,323

-20,073

-21,917

-23,767

-25,422

-27,557

-28,497

-29,884

-31,192

-32,586

-32,384

-33,855

-

-141,730

-

-142,022

-14,012

-

-10,193,725

-8,748

-7,701

-6,298

Total stockholders' equity

21,010

18,760

16,708

14,830

13,071

10,902

8,564

6,181

3,194

1,507

-5,946

-7,606

-9,213

-10,708

-11,759

-12,995

-14,379

-16,160

-18,083

-20,005

-21,711

-24,007

-25,590

-26,977

-28,285

-29,679

-29,477

-30,948

-

-141,598

-

-

-

-

-

-

-

-

Total stockholders' deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-141,890

-13,879

-

-10,061,511

-8,616

-7,569

-5,244

Total liabilities and stockholders' equity

121,842

120,745

119,613

117,732

116,816

114,352

113,801

113,650

115,212

114,939

118,026

119,321

118,822

120,272

117,040

115,994

115,388

117,784

117,105

118,488

120,610

120,669

123,327

123,544

127,605

131,678

135,099

137,704

-

172,325

-

167,413

317,279

-

316,137,368

317,017

319,153

323,176

Common Class A [Member]
Class A Common Stock, $.01 par value-authorized 10,000,000 shares; issued and outstanding 3,421,794 and 3,412,805 shares, respectively

34

34

34

34

34

34

-

-

-

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-