Rignet, inc. (RNET)
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'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

13,614

12,941

14,267

10,879

18,660

21,711

20,726

18,366

21,858

34,598

32,900

42,699

55,239

57,152

57,239

59,456

51,979

60,468

64,795

61,524

60,789

66,576

61,052

61,007

66,747

59,822

49,584

48,601

54,716

59,744

53,680

51,999

52,804

53,106

58,496

61,319

50,435

Restricted cash

40

42

39

41

42

41

42

42

45

43

43

41

40

139

141

298

46

543

753

781

1,096

1,200

687

475

919

509

790

886

1,190

987

825

-

-

-

0

0

2,500

Accounts receivable, net

63,529

67,059

61,895

67,863

74,115

67,450

68,161

64,850

55,976

49,021

49,216

47,019

46,922

48,672

54,356

51,184

66,687

62,105

65,778

71,130

69,085

74,625

83,817

83,048

65,146

45,388

47,188

46,293

40,194

40,028

43,619

24,803

24,437

26,350

21,038

18,503

15,972

Costs and estimated earnings in excess of billings on uncompleted contracts (CIEB)

15,848

13,275

11,589

8,739

5,710

7,138

-

-

-

2,393

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

4,395

3,719

1,911

-

1,773

3,376

3,148

2,382

2,682

2,047

3,352

6,757

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,368

18,392

14,993

13,831

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

6,046

6,500

6,795

7,197

7,180

6,767

6,388

7,053

6,080

5,591

6,743

9,312

10,376

10,379

11,502

9,892

9,452

7,142

8,011

7,298

8,044

7,422

16,933

12,774

13,620

14,233

12,322

8,983

9,140

6,214

3,791

4,890

4,929

3,581

3,260

3,127

3,419

Total current assets

99,077

99,817

94,585

94,719

105,707

103,107

99,712

94,030

85,870

91,646

90,675

102,447

115,725

118,724

125,920

122,877

131,516

137,015

156,705

159,125

154,007

163,654

162,489

157,304

146,432

119,952

109,884

104,763

105,240

106,973

101,915

81,692

82,170

83,037

82,794

82,949

72,326

Property, plant and equipment, net

57,297

60,118

60,283

63,247

63,889

63,585

60,835

61,148

60,953

60,344

62,895

57,475

57,706

59,757

62,751

67,633

71,223

72,547

72,387

74,862

74,193

76,195

77,542

76,269

73,426

59,051

57,167

52,664

48,857

46,650

45,268

35,974

35,185

32,655

30,856

29,982

26,380

Restricted cash

1,523

1,522

1,522

1,522

1,499

1,544

1,546

1,546

1,546

1,500

1,500

1,500

1,500

1,514

1,500

1,500

-

-

-

-

-

-

630

950

929

1,321

1,345

1,266

1,265

1,809

2,134

-

-

-

0

0

7,500

Goodwill

20,464

46,792

45,484

46,670

46,830

46,631

46,275

48,479

48,465

37,088

37,122

27,300

22,177

21,998

22,810

23,346

28,749

18,058

18,500

30,171

29,134

30,128

34,041

35,176

34,744

34,520

34,146

32,912

33,013

34,489

33,800

13,812

13,949

13,796

13,905

14,110

13,841

Intangibles, net

26,871

30,145

30,083

29,522

31,495

33,733

34,485

38,882

39,774

30,405

32,341

20,944

14,777

16,028

17,535

19,031

20,532

18,974

18,878

21,624

21,234

21,051

20,289

20,695

21,198

17,580

18,281

18,334

19,264

21,241

22,190

5,253

5,588

5,849

6,007

6,341

6,766

Right-of-use lease asset

6,660

6,829

3,891

3,899

4,588

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax and other assets

5,702

5,757

7,312

4,794

7,211

10,325

8,385

8,768

8,651

9,111

13,315

13,039

12,848

12,951

14,162

14,434

12,206

11,522

8,991

8,720

8,890

8,809

8,125

7,755

7,115

6,379

5,540

5,651

5,145

4,770

4,456

6,246

6,008

5,585

3,654

3,512

2,972

TOTAL ASSETS

217,594

250,980

243,160

244,373

261,219

258,925

251,238

252,853

245,259

230,094

237,848

222,705

224,733

230,972

244,678

248,821

264,226

258,116

275,461

294,502

287,458

299,837

303,116

298,149

283,844

238,803

226,363

215,590

212,784

215,932

209,763

142,977

142,900

140,922

137,216

136,894

129,785

LIABILITIES AND EQUITY
Current liabilities:
Accounts payable

23,252

28,517

26,624

27,916

26,922

20,568

17,579

17,298

12,876

12,234

12,195

10,878

10,784

9,057

7,216

6,154

7,949

6,849

10,601

12,779

7,285

13,560

17,079

16,365

21,542

13,744

12,365

14,007

13,396

11,763

10,351

5,921

5,671

5,459

4,978

5,390

4,868

Accrued expenses

17,635

16,660

16,810

15,802

16,015

16,374

17,021

14,737

14,016

16,089

15,592

12,928

10,883

12,835

17,538

17,323

17,700

19,946

14,147

14,431

20,199

23,230

26,938

25,345

21,163

12,943

13,635

8,507

8,955

8,686

8,029

6,172

6,183

7,116

6,287

5,756

6,624

Current maturities of long-term debt

8,747

10,793

10,795

10,783

10,809

4,942

4,943

4,949

4,945

4,941

8,545

8,546

8,539

8,478

8,515

-

-

8,421

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

2,420

2,649

1,789

1,369

2,680

2,431

-

908

1,485

1,601

240

197

849

877

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

GX dispute accrual

750

750

750

5,000

50,765

50,765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue and other current liabilities

11,966

11,173

10,897

10,079

9,724

5,863

4,419

15,743

10,623

8,511

9,340

8,375

-

3,625

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,388

8,383

-

8,417

8,413

8,409

8,405

8,400

8,395

8,382

8,388

9,384

9,387

9,425

9,422

9,393

8,746

8,741

8,735

8,729

8,723

8,655

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

306

-

3,091

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,910

-

2,412

3,617

5,055

4,978

4,529

2,914

4,235

4,350

2,933

4,159

4,984

5,520

3,695

3,774

5,370

5,262

4,775

4,263

4,751

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

3,966

-

4,772

3,582

4,896

4,670

4,441

5,097

5,366

4,780

5,397

6,978

3,507

2,907

3,485

3,736

3,797

6,774

7,127

1,517

1,364

1,542

1,131

1,623

1,305

Total current liabilities

64,770

70,542

67,665

70,949

116,915

100,943

43,962

53,635

43,945

43,376

45,912

40,924

35,021

34,872

38,058

35,753

40,838

42,977

40,018

44,337

46,314

54,953

62,343

59,997

58,829

42,332

41,802

39,796

40,557

42,165

38,595

26,130

27,329

28,114

25,900

25,755

26,203

Long-term debt

-

-

103,641

100,274

64,734

-

66,214

53,195

51,934

53,173

51,455

38,570

-

52,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

105,087

96,934

-

-

-

72,085

-

-

-

-

-

-

45,706

-

60,090

64,976

67,075

69,238

71,344

73,461

75,583

77,706

74,814

76,929

74,070

51,175

44,778

47,123

49,510

51,871

54,161

10,409

12,598

14,785

16,967

19,153

23,484

Deferred revenue

853

855

180

250

272

318

369

417

487

546

263

231

213

254

324

311

367

359

527

458

413

516

715

866

548

621

379

413

258

302

372

363

379

457

449

500

325

Deferred tax liability

2,034

2,672

2,889

678

619

652

3,281

3,990

3,821

189

301

655

-

256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use lease liability - long-term portion

6,166

6,329

3,576

4,842

5,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

600

-

87

22

188

220

280

347

239

228

614

774

695

665

1,621

1,369

1,367

1,645

2,559

48

48

48

631

631

631

Other liabilities

22,614

26,771

21,702

22,048

25,784

28,943

32,101

31,515

33,308

25,533

27,365

28,274

30,233

30,022

28,214

29,797

32,579

22,009

28,915

27,947

27,444

24,343

21,870

20,636

19,622

19,222

20,487

19,709

18,758

17,977

17,370

16,009

15,109

14,133

11,586

13,567

11,282

Total liabilities

201,524

204,103

199,653

199,041

214,113

202,941

145,927

142,752

133,495

122,817

125,296

108,654

111,773

118,394

126,773

130,859

141,047

134,803

141,084

146,550

149,993

157,746

160,356

159,202

153,764

114,015

109,067

108,410

110,450

113,960

113,057

52,959

55,463

57,537

55,533

59,606

61,925

Commitments and contingencies (Note 11)

-

-

-

-

-

-

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
Preferred stock - $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at March 31, 2020 and December 31, 2019

-

-

-

-

-

-

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 - $0.001 par value; 190,000,000 shares authorized; 20,454,705 and 19,979,284 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

20

20

20

20

20

19

19

19

19

18

18

18

18

18

18

18

18

18

18

18

18

18

18

18

17

17

17

16

16

16

16

16

16

15

15

15

15

Treasury stock - 432,432 and 203,756 shares at March 31, 2020 and December 31, 2019, respectively, at cost

3,271

2,693

2,682

2,676

2,677

1,270

1,246

1,246

1,096

116

116

116

116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

188,425

184,571

183,081

181,577

177,404

172,946

172,599

170,603

165,625

155,829

154,959

153,951

149,530

147,906

147,326

145,498

143,726

143,012

141,886

139,841

138,729

137,662

135,484

133,330

131,053

128,932

127,017

122,748

121,331

120,050

119,234

118,327

117,274

116,740

116,437

116,116

110,118

Accumulated deficit

-142,514

-115,673

-115,150

-114,656

-108,500

-96,517

-46,796

-43,949

-39,620

-33,726

-28,057

-23,825

-19,576

-17,550

-13,785

-12,127

-7,376

-6,043

4,997

15,941

9,902

10,931

9,015

3,158

-2,509

-4,704

-10,097

-12,444

-17,305

-21,040

-24,419

-27,657

-30,510

-32,922

-34,894

-40,345

-42,440

Accumulated other comprehensive loss

-26,659

-19,502

-21,831

-18,918

-19,096

-19,254

-19,295

-15,398

-13,206

-14,806

-14,468

-16,205

-17,110

-17,971

-15,790

-15,427

-13,294

-13,836

-12,605

-8,010

-11,265

-6,682

-1,838

2,288

1,447

435

305

-3,248

-1,762

2,829

1,812

-831

503

-610

44

1,340

5

Total stockholders' equity

16,001

46,723

43,438

45,347

47,151

55,924

105,281

110,029

111,722

107,199

112,336

113,823

112,746

112,403

117,769

117,962

123,074

123,151

134,296

147,790

137,384

141,929

142,679

138,794

130,008

124,680

117,242

107,072

102,280

101,855

96,643

89,855

87,283

83,223

81,602

77,126

67,698

Non-redeemable, non-controlling interest

69

154

69

-15

-45

60

30

72

42

78

216

228

214

175

136

-

105

162

81

-

-

162

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-redeemable, non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162

81

-

81

153

72

108

54

108

54

117

63

163

154

162

81

162

162

Total equity

16,070

46,877

43,507

45,332

47,106

55,984

105,311

110,101

111,764

107,277

112,552

114,051

112,960

112,578

117,905

117,962

123,179

123,313

134,377

147,952

137,465

142,091

142,760

138,947

130,080

124,788

117,296

107,180

102,334

101,972

96,706

90,018

87,437

83,385

81,683

77,288

67,860

TOTAL LIABILITIES AND EQUITY

217,594

250,980

243,160

244,373

261,219

258,925

251,238

252,853

245,259

230,094

237,848

222,705

224,733

230,972

244,678

248,821

264,226

258,116

275,461

294,502

287,458

299,837

303,116

298,149

283,844

238,803

226,363

215,590

212,784

215,932

209,763

142,977

142,900

140,922

137,216

136,894

129,785