Resources connection inc (RECN)
Balance Sheet / Yearly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10
ASSETS
Current assets:
Cash and cash equivalents

35,944

43,033

45,723

43,045

47,967

40,823

27,053

56,470

43,217

56,284

49,607

62,329

44,607

58,567

92,937

91,089

71,491

80,121

76,235

87,250

67,335

73,260

75,131

80,291

74,339

77,477

96,404

94,016

85,883

93,935

112,872

105,124

96,414

109,666

124,568

139,624

145,645

131,432

139,282

130,659

Short-term investments

-

-

-

5,981

-

-

-

-

-

-

-

-

-

4,996

9,984

24,957

24,971

29,978

24,985

24,988

24,991

29,997

24,984

33,986

32,984

32,975

24,983

24,996

32,993

19,993

9,997

22,991

24,988

10,997

5,249

5,249

5,249

15,242

5,248

10,246

Trade accounts receivable, net of allowance for doubtful accounts of $2,560 and $2,520 as of February 22, 2020 and May 25, 2019, respectively

130,908

137,371

129,569

133,304

138,545

146,499

137,629

130,452

125,795

109,025

98,984

98,222

96,864

97,025

96,236

97,807

100,493

98,033

94,510

96,574

98,216

97,403

91,715

90,334

88,969

93,120

81,354

84,194

90,164

93,538

86,208

84,192

90,606

87,924

85,628

87,162

85,195

80,262

73,235

73,936

Prepaid expenses and other current assets

8,014

7,725

7,388

7,103

8,059

6,996

6,801

7,230

6,895

5,147

5,520

4,395

4,944

4,825

4,710

4,735

4,756

4,601

4,990

4,066

4,530

4,341

4,616

4,876

4,433

4,540

4,874

4,594

3,994

4,209

4,807

6,344

6,196

6,552

7,071

5,818

4,917

4,566

4,581

4,698

Income taxes receivable

7,123

1,313

699

2,224

3,462

1,120

978

729

4,263

-

-

1,899

2,620

2,657

-

-

1,932

1,301

-

257

3,105

985

-

-

2,307

-

-

1,228

2,620

1,580

-

1,241

2,912

4,777

635

4,059

7,542

4,089

1,746

4,575

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,572

8,565

8,573

8,571

7,913

7,908

7,971

7,975

8,022

8,030

8,030

8,149

8,343

8,343

8,343

8,343

7,752

7,752

7,962

7,962

7,107

7,107

7,107

7,107

Total current assets

181,989

189,442

183,379

191,657

198,033

195,438

172,461

194,881

180,170

170,456

154,111

166,845

149,035

168,070

203,867

218,588

212,215

222,599

209,293

221,706

206,090

213,894

204,417

217,462

211,054

216,142

215,645

217,177

223,997

221,598

222,227

228,235

228,868

227,668

231,113

249,874

255,655

242,698

231,199

231,221

Goodwill

213,451

213,332

216,420

190,815

191,149

191,172

191,834

191,950

193,581

181,208

172,342

171,088

170,068

170,035

171,259

171,183

170,868

170,257

171,317

170,878

171,280

173,400

174,656

175,427

175,615

175,234

175,001

174,275

174,741

174,281

173,702

173,576

175,060

174,775

176,763

176,475

175,730

174,281

173,351

172,632

Intangible assets, net

21,623

23,021

25,770

14,589

15,570

16,517

17,566

18,531

19,758

4,959

-

-

-

-

-

-

-

30

60

90

120

183

596

1,031

1,460

1,870

2,281

2,659

3,038

3,424

3,804

4,232

4,862

5,331

6,756

7,920

9,017

10,110

11,253

12,425

Property and equipment, net

24,873

25,162

25,874

26,632

25,748

23,699

22,587

22,413

23,086

22,326

22,856

23,354

23,476

22,145

21,531

21,274

21,404

21,777

21,999

22,001

21,931

22,258

22,626

23,158

23,258

23,673

21,558

21,087

21,652

21,756

22,079

22,651

24,102

24,800

25,848

26,389

26,858

27,207

28,077

29,354

Operating right-of-use assets

38,176

39,970

40,198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

1,686

1,613

1,493

1,497

1,413

1,403

1,475

2,850

1,609

1,571

920

973

904

4,609

4,298

4,237

430

450

193

335

475

540

568

672

846

821

816

-

1,659

1,539

1,479

833

1,367

1,017

15,014

14,400

16,979

16,376

26,100

25,846

Other assets

4,176

3,812

3,477

3,180

3,218

3,061

2,516

2,049

1,930

1,798

1,846

1,868

1,872

1,960

1,880

1,973

1,881

1,864

1,864

1,971

2,119

2,220

2,285

2,328

2,364

2,307

2,346

2,442

2,545

2,502

2,506

1,192

1,243

1,254

1,396

1,339

1,681

1,489

1,791

1,722

Total assets

485,974

496,352

496,611

428,370

435,131

431,290

408,439

432,674

420,134

382,318

352,075

364,128

345,355

366,819

402,835

417,255

406,798

416,977

404,726

416,981

402,015

412,495

405,148

420,078

414,597

420,047

417,647

417,640

427,632

425,100

425,797

430,719

435,502

434,845

456,890

476,397

485,920

472,161

471,771

473,200

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses

18,606

20,057

22,763

21,634

22,404

22,256

22,036

23,280

24,631

20,293

14,501

14,102

14,188

14,944

13,510

13,606

12,502

13,818

12,795

13,310

12,295

14,319

13,993

14,031

16,296

16,593

15,151

15,722

16,415

16,927

15,515

16,301

18,366

18,105

15,633

19,167

18,447

17,432

15,583

14,606

Accrued salaries and related obligations

47,024

51,835

38,809

58,628

46,580

51,973

38,093

58,418

43,081

43,840

31,029

49,241

36,827

44,574

31,937

50,155

36,454

43,156

31,585

48,637

36,230

41,672

28,871

45,567

38,379

37,797

35,498

39,280

39,233

35,008

33,613

38,912

39,876

35,951

36,196

41,340

40,161

34,760

32,949

37,949

Operating lease liabilities, current

11,459

11,203

11,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

13,677

14,828

16,060

11,154

12,340

11,356

12,507

12,826

10,601

8,206

9,043

8,428

7,530

6,295

9,444

7,123

6,451

6,733

10,018

6,999

6,720

6,807

9,455

7,577

6,677

8,000

6,584

6,331

5,810

5,933

7,468

6,438

7,787

6,826

7,026

6,692

7,378

6,546

5,919

5,194

Total current liabilities

90,766

97,923

89,025

91,416

81,324

85,585

72,636

94,524

78,313

72,339

54,573

71,771

58,545

65,813

54,891

70,884

55,407

63,707

54,398

68,946

55,245

62,798

52,319

67,175

61,352

62,390

57,233

61,333

61,458

57,868

56,596

61,651

66,029

60,882

58,855

67,199

65,986

58,738

54,451

57,749

Long-term debt

49,000

54,000

73,000

43,000

58,000

58,000

58,000

63,000

63,000

48,000

48,000

48,000

48,000

58,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, noncurrent

33,317

35,425

35,655

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

5,997

4,925

5,050

5,146

4,301

3,233

2,646

-

1,760

995

991

1,280

-

-

-

-

-

-

-

3,434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Other long-term liabilities

4,092

3,814

5,450

6,412

8,206

7,062

6,836

6,325

8,149

8,138

4,719

4,935

5,330

4,315

3,925

3,722

8,167

7,270

7,222

4,149

6,873

6,472

6,670

7,142

4,956

5,119

3,966

3,980

4,062

4,206

5,250

3,200

2,708

3,050

36,593

36,472

39,611

39,616

63,406

62,210

Total liabilities

183,172

196,087

208,180

145,974

151,831

153,880

140,118

163,849

151,222

129,472

108,283

125,986

111,875

128,128

58,816

74,606

63,574

70,977

61,620

76,529

62,118

69,270

58,989

74,317

66,308

67,509

61,199

65,313

65,520

62,074

61,846

64,851

68,737

63,932

95,448

103,671

105,597

98,354

117,857

119,959

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

-

-

-

-

Stockholders' equity:
Preferred stock, $0.01 par value, 5,000 shares authorized; zero shares issued and 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

Common stock, $0.01 par value, 70,000 shares authorized; 63,910 and 63,054 shares issued, and 32,144 and 31,588 shares outstanding as of February 22, 2020 and May 25, 2019, respectively

639

636

634

631

630

622

616

613

611

596

592

590

590

586

585

582

582

580

578

575

574

571

570

567

567

565

565

561

561

558

557

555

555

553

552

550

550

546

545

543

Additional paid-in capital

476,032

470,427

466,481

460,226

458,003

445,098

435,489

429,578

426,501

408,412

403,227

398,828

397,282

395,710

393,480

388,763

387,225

384,648

379,764

374,285

372,159

367,849

365,401

360,445

359,178

355,776

354,348

347,790

346,178

342,028

339,685

335,791

333,779

329,988

328,507

324,492

322,268

315,031

311,556

306,413

Accumulated other comprehensive loss

-13,748

-13,226

-13,274

-12,588

-11,836

-12,413

-10,987

-10,385

-7,028

-9,291

-8,681

-11,396

-13,329

-13,838

-10,151

-10,794

-11,747

-12,589

-10,946

-10,917

-10,157

-6,580

-3,799

-2,573

-2,552

-2,717

-3,102

-3,958

-1,890

-826

-1,117

-1,890

833

111

4,378

3,442

1,899

-304

-2,358

-4,584

Retained earnings

360,967

358,531

350,693

350,230

344,966

343,827

337,387

335,741

335,550

335,033

330,558

332,024

330,841

332,048

329,615

327,954

322,899

321,649

316,686

313,268

308,142

306,184

301,179

298,830

294,648

295,776

291,414

290,549

287,624

286,394

282,990

280,650

273,853

272,535

249,372

248,983

245,467

247,047

231,415

232,034

Treasury stock at cost, 31,766 and 31,466 shares as of February 22, 2020 and May 25, 2019

521,088

516,103

516,103

516,103

508,463

499,724

494,184

486,722

486,722

481,904

481,904

481,904

481,904

475,815

369,510

363,856

355,735

348,288

342,976

336,759

330,821

324,799

317,192

311,508

303,552

296,862

286,777

282,615

270,361

265,128

258,164

249,238

242,255

232,274

221,367

204,741

189,861

188,513

187,244

181,165

Total stockholders' equity

302,802

300,265

288,431

282,396

283,300

277,410

268,321

268,825

268,912

252,846

243,792

238,142

233,480

238,691

344,019

342,649

343,224

346,000

343,106

340,452

339,897

343,225

346,159

345,761

348,289

352,538

356,448

352,327

362,112

363,026

363,951

365,868

366,765

370,913

361,442

372,726

380,323

373,807

353,914

353,241

Total liabilities and stockholders' equity

485,974

496,352

496,611

428,370

435,131

431,290

408,439

432,674

420,134

382,318

352,075

364,128

345,355

366,819

402,835

417,255

406,798

416,977

404,726

416,981

402,015

412,495

405,148

420,078

414,597

420,047

417,647

417,640

427,632

425,100

425,797

430,719

435,502

434,845

456,890

476,397

485,920

472,161

471,771

473,200