PERFICIENT, INC. PRFT Balance Sheet

Perficient, inc. (PRFT)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
Assets
Current assets:
Cash and cash equivalents
29,301	70,728	36,420	34,282	27,734	44,984	44,947	10,359	5,484	6,307	2,448	5,692	10,887	10,113	9,321	9,490	9,016	8,811	8,692	6,839	6,353	10,935	5,411	6,632	4,731	7,018	5,439	4,678	4,148	5,813	3,481	4,233	2,654	9,732	1,959	12,494	12,707
Accounts receivable, net
126,728	129,118	126,304	122,797	115,089	122,446	109,764	107,286	108,358	112,194	108,090	100,624	87,650	103,702	106,455	109,412	116,428	120,612	111,894	96,734	99,427	113,928	117,304	102,227	86,242	78,887	83,435	85,922	71,296	69,662	78,091	74,847	66,092	60,892	62,626	58,308	48,496
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11,301
Total cash, cash equivalents and short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,959	12,494	24,008
Prepaid expenses
6,493	4,647	6,027	4,991	5,316	4,663	4,303	4,523	4,845	4,470	4,550	4,028	4,721	3,353	3,978	3,537	3,456	3,297	3,745	3,519	3,910	2,476	2,651	2,589	2,813	2,569	2,146	2,071	2,148	1,649	1,564	1,219	1,496	1,246	1,823	1,388	1,270
Other current assets
6,600	7,404	5,973	7,896	6,497	5,711	2,212	3,483	4,444	6,237	1,776	3,051	5,924	5,331	2,457	2,228	6,067	7,032	3,261	7,028	5,105	4,000	7,131	9,415	6,373	6,759	4,695	3,747	4,458	3,717	3,097	2,543	2,523	3,118	4,662	4,891	2,584
Total current assets
169,122	211,897	174,724	169,966	154,636	177,804	161,226	125,651	123,131	129,208	116,864	113,395	109,182	122,499	122,211	124,667	134,967	139,752	127,592	114,120	114,795	131,339	132,497	120,863	100,159	95,233	95,715	96,418	82,050	80,841	86,233	82,842	72,765	74,988	71,070	77,081	76,358
Long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,254
Property and equipment, net
12,300	12,170	12,391	10,394	6,977	6,677	6,565	6,678	6,981	7,145	7,425	8,301	8,137	8,888	9,537	10,351	7,781	7,891	8,040	8,369	8,336	7,966	7,945	7,974	7,578	7,709	8,251	8,650	5,981	4,398	4,526	4,071	3,797	3,490	3,654	3,448	2,355
Operating lease right-of-use assets
30,562	27,748	27,500	28,100	20,767	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
361,537	335,564	335,588	335,983	327,931	327,992	321,995	315,405	305,142	305,238	304,583	304,456	281,241	275,205	269,570	269,536	269,606	269,383	259,140	255,189	252,819	236,130	236,140	235,203	221,596	193,510	175,162	175,173	161,695	160,936	160,199	150,823	142,173	132,038	131,961	120,903	115,227
Intangible assets, net
49,666	37,953	41,654	45,104	44,185	48,092	49,821	48,995	47,271	51,066	55,282	59,041	46,764	45,115	45,240	47,965	50,706	53,408	52,221	52,218	55,333	46,105	49,525	53,045	43,330	25,487	21,326	22,387	15,820	17,350	19,408	17,531	15,047	10,128	11,818	10,659	8,829
Other non-current assets
14,471	15,160	14,856	15,242	13,440	9,979	9,662	7,811	6,196	6,403	6,435	6,132	5,210	4,869	3,939	3,891	3,813	3,930	3,829	4,017	4,251	3,823	3,842	3,829	3,861	3,810	3,664	3,373	3,705	3,669	3,600	5,325	3,530	3,288	2,926	3,062	2,655
Total assets
637,658	640,492	606,704	604,790	567,936	570,544	549,269	504,540	488,721	499,060	490,589	491,325	450,534	456,576	450,497	456,410	466,873	474,364	450,822	433,913	435,534	425,363	429,949	420,914	376,524	325,749	304,118	306,001	269,251	267,194	273,966	260,592	237,312	223,932	221,429	215,153	207,678
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable
15,498	23,081	14,473	15,914	12,661	24,437	10,801	14,495	11,146	23,196	11,992	12,044	9,984	18,416	13,485	14,812	12,736	18,793	13,768	11,160	10,901	22,035	13,532	13,088	6,674	7,667	6,205	11,291	6,521	7,959	7,538	4,940	4,440	5,029	4,033	3,289	6,072
Other current liabilities
49,864	61,503	50,427	58,108	42,166	50,386	44,172	41,662	34,050	38,077	28,052	31,998	22,956	27,637	22,505	27,789	28,997	37,783	27,884	26,851	26,476	33,028	28,108	34,455	25,718	30,298	26,228	26,382	15,459	20,605	20,678	20,163	15,259	18,483	21,922	22,122	22,654
Total current liabilities
65,362	84,584	64,900	74,022	54,827	74,823	54,973	56,157	45,196	61,273	40,044	44,042	32,940	46,053	35,990	42,601	41,733	56,576	41,652	38,011	37,377	55,063	41,640	47,543	32,392	37,965	32,433	37,673	21,980	28,564	28,216	25,103	19,699	23,512	25,955	25,411	28,726
Long-term debt, net
125,847	124,664	123,494	122,338	121,196	120,067	119,038	56,000	56,000	55,000	65,000	68,000	38,500	32,000	28,000	36,000	56,000	56,000	61,000	60,000	67,500	54,000	74,800	71,000	50,000	19,000	16,000	20,300	6,000	2,800	11,500	12,500	6,200	-	-	-	-
Operating lease liabilities
21,855	19,649	19,674	20,628	14,792	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
31,070	30,580	29,388	28,655	27,308	21,970	20,254	18,631	17,836	16,436	19,029	19,807	20,835	19,058	14,520	14,327	13,507	12,978	11,832	10,419	10,375	11,572	13,084	12,969	17,016	9,294	5,094	4,658	1,659	1,417	1,359	1,260	1,406	1,461	1,687	1,948	1,788
Total liabilities
244,134	259,477	237,456	245,643	218,123	216,860	194,265	130,788	119,032	132,709	124,073	131,849	92,275	97,111	78,510	92,928	111,240	125,554	114,484	108,430	115,252	120,635	129,524	131,512	99,408	66,259	53,527	62,631	29,639	32,781	41,075	38,863	27,305	24,973	27,642	27,359	30,514
Commitments and contingencies (see Note 17)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-
Stockholders’ equity:
Preferred stock (par value $0.001 per share; 8,000,000 authorized; no shares issued or outstanding as of March 31, 2020 and December 31, 2019)
0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock (par value $0.001 per share; 100,000,000 authorized; 49,759,929 shares issued and 32,061,167 shares outstanding as of March 31, 2020; 49,272,243 shares issued and 31,686,991 shares outstanding as of December 31, 2019)
50	49	49	49	49	48	48	48	48	47	47	47	46	46	45	45	45	45	44	44	44	43	43	43	42	41	40	40	39	39	38	38	37	36	35	35	33
Additional paid-in capital
465,123	455,465	451,287	447,146	441,541	437,250	431,510	414,610	407,707	403,906	400,405	396,801	385,280	379,094	375,473	372,343	368,362	364,786	358,048	353,759	349,980	334,645	330,670	326,525	314,988	297,997	291,574	287,701	279,075	276,201	272,232	266,159	257,475	248,855	243,155	236,819	224,966
Accumulated other comprehensive loss
-3,624	-2,650	-2,636	-2,351	-2,417	-2,588	-2,837	-2,474	-1,920	-1,822	-2,023	-2,160	-2,427	-2,743	-2,122	-2,055	-1,683	-1,875	-1,398	-803	-822	-651	-506	-407	-460	-378	-339	-360	-430	-306	-270	-319	-240	-279	-294	-197	-225
Treasury stock, at cost (17,698,762 shares as of March 31, 2020; 17,585,252 shares as of December 31, 2019)
266,459	261,624	257,435	253,901	249,036	233,676	218,891	177,301	169,165	163,871	153,569	149,841	136,859	126,442	107,226	107,123	105,548	103,197	101,837	101,624	99,030	95,353	89,401	89,073	83,380	81,051	78,052	74,145	64,644	62,970	56,182	56,080	55,593	54,995	51,730	48,018	42,205
Retained earnings
198,434	189,775	177,983	168,204	159,676	152,650	145,174	138,869	133,019	128,091	121,656	114,629	112,219	109,510	105,817	100,272	94,457	89,051	81,481	74,107	70,110	66,044	59,619	52,314	45,926	42,881	37,368	30,134	25,572	21,449	17,073	11,931	8,328	5,342	2,621	-845	-5,405
Total stockholders’ equity
393,524	381,015	369,248	359,147	349,813	353,684	355,004	373,752	369,689	366,351	366,516	359,476	358,259	359,465	371,987	363,482	355,633	348,810	336,338	325,483	320,282	304,728	300,425	289,402	277,116	259,490	250,591	243,370	239,612	234,413	232,891	221,729	210,007	198,959	193,787	187,794	177,164
Total liabilities and stockholders’ equity
637,658	640,492	606,704	604,790	567,936	570,544	549,269	504,540	488,721	499,060	490,589	491,325	450,534	456,576	450,497	456,410	466,873	474,364	450,822	433,913	435,534	425,363	429,949	420,914	376,524	325,749	304,118	306,001	269,251	267,194	273,966	260,592	237,312	223,932	221,429	215,153	207,678