Spar group inc (SGRP)
Balance Sheet / Quarterly
Dec'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
Cash and cash equivalents

10,458

7,372

7,826

7,090

7,111

6,988

5,836

8,862

8,827

7,662

8,309

8,273

7,324

7,502

5,027

7,033

5,718

6,210

5,726

4,292

4,382

5,622

4,699

4,236

2,814

3,111

3,051

3,388

1,792

1,929

1,722

1,666

1,705

1,638

1,264

923

Accounts receivable, net

49,299

57,186

57,462

47,419

46,142

46,783

47,546

43,051

35,964

36,824

32,435

30,124

33,669

30,782

23,786

20,285

23,203

21,306

23,354

24,895

26,245

21,844

24,476

20,627

21,734

19,037

19,709

18,489

21,414

17,713

17,344

14,673

15,461

12,696

11,985

13,999

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

532

491

468

529

5,579

5,507

5,134

5,134

410

432

429

456

178

180

194

194

-

-

-

-

-

-

-

Prepaid expenses and other current assets

2,404

3,382

2,461

2,935

1,879

2,964

2,706

2,721

2,031

1,629

1,857

535

1,299

898

861

734

661

605

765

597

868

509

437

432

642

710

577

1,261

596

896

701

860

801

772

928

1,283

Total current assets

62,161

67,940

67,749

57,444

55,132

56,735

56,088

54,634

46,822

46,115

42,601

38,932

42,292

39,714

30,165

28,520

30,111

28,537

30,281

30,195

31,959

28,385

30,044

25,724

25,646

23,036

23,517

23,332

23,996

20,538

19,767

17,199

17,967

15,106

14,177

16,205

Property and equipment, net

2,848

3,122

3,085

3,030

2,950

2,902

2,894

2,819

2,712

2,551

2,487

2,523

2,536

2,556

2,468

2,459

2,443

2,450

2,446

2,456

2,175

2,238

2,131

2,105

2,032

2,039

1,991

1,861

1,777

1,725

1,724

1,771

1,523

1,527

1,489

1,452

Operating lease right-of-use assets

4,948

4,288

4,770

5,328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

3,784

3,779

3,788

3,787

3,788

3,783

3,215

3,173

1,836

1,841

1,836

1,851

1,847

2,257

1,800

1,800

1,800

1,800

1,800

1,800

1,800

1,800

1,800

1,800

1,800

1,792

1,792

1,792

1,792

1,348

1,148

1,148

1,148

848

848

848

Intangible assets, net

2,796

2,925

3,067

3,197

3,332

3,449

3,599

4,189

1,634

1,900

2,037

2,201

2,340

2,154

2,286

2,418

2,551

2,693

2,837

2,981

3,149

3,339

2,003

2,128

2,259

2,410

2,539

2,698

1,468

1,365

637

677

705

990

333

362

Deferred income taxes

1,883

-

-

-

2,568

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

2,675

2,687

2,665

-

2,562

2,960

3,063

3,055

4,468

4,869

4,753

4,694

6,513

6,513

6,513

5,890

416

436

411

464

1,900

1,900

1,900

1,900

-

-

-

-

-

-

-

-

-

-

-

Other assets

1,115

2,365

1,734

1,593

1,325

1,736

1,733

1,422

1,929

1,683

1,832

1,791

1,142

2,290

1,871

857

611

522

213

31

353

493

970

552

641

651

340

324

237

681

261

195

178

419

164

226

Total assets

79,535

87,094

86,880

77,044

69,095

71,167

70,489

69,300

57,988

58,558

55,662

52,051

54,851

55,484

45,103

42,567

43,406

41,581

43,084

42,597

44,570

38,155

38,848

34,209

34,278

29,928

30,179

30,007

29,270

25,657

23,537

20,990

21,521

18,890

17,011

19,093

Liabilities and equity
Accounts payable

9,186

11,524

10,338

9,984

8,668

9,542

8,621

7,868

7,341

7,783

5,696

7,133

5,567

5,007

3,401

4,024

2,984

3,608

3,911

3,753

4,011

3,695

3,934

3,891

4,267

4,024

5,006

4,603

4,177

2,699

3,220

3,401

1,819

1,541

1,779

1,804

Accrued expenses and other current liabilities

18,548

22,270

22,583

18,529

18,168

17,778

14,615

15,058

13,581

13,598

12,171

10,381

9,766

12,628

6,780

5,941

4,814

6,474

6,849

6,864

8,149

8,149

7,092

5,959

5,798

5,419

6,229

7,160

6,729

5,967

5,035

3,423

4,039

2,498

1,713

2,733

Due to affiliates

4,666

4,924

4,520

4,558

4,645

5,114

4,811

4,978

3,026

4,008

2,584

3,094

3,349

-

-

-

2,346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer incentives and deposits

594

908

968

702

620

-

-

-

1,539

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total accrued expenses due to affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

989

491

1,251

-

705

1,004

984

487

729

1,049

1,634

560

2,159

1,318

1,276

705

2,488

1,600

1,551

1,092

1,237

1,306

1,575

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

2,566

2,566

2,566

2,154

1,822

1,882

1,540

1,540

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer incentives and deposits

-

-

-

-

-

499

687

1,427

-

1,587

1,528

1,481

1,305

955

679

583

503

721

582

557

659

490

766

391

673

627

445

715

263

423

424

217

183

157

294

471

Lines of credit and short-term loans

8,932

11,352

13,182

10,049

10,414

9,635

3,581

2,414

6,839

6,222

8,802

6,535

9,778

8,181

506

304

476

884

666

-

658

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of operating lease liabilities

2,828

361

843

1,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lines of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

679

-

503

558

96

4,338

2,214

2,269

1,081

2,393

757

1,246

972

3,641

4,155

3,196

5,263

Total current liabilities

44,754

51,339

52,434

45,222

42,515

42,568

32,315

31,745

32,326

33,198

30,781

28,624

29,765

30,326

14,423

14,669

13,277

14,214

14,894

14,377

15,504

13,566

13,399

11,971

15,636

14,443

15,267

14,835

14,267

12,334

11,525

9,564

10,774

9,588

8,288

11,846

Operating lease liabilities, less current portion

2,120

3,927

3,927

3,928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

1,300

1,634

1,634

1,922

1,806

3,220

11,723

8,996

107

33

40

46

4

12

6,322

4,027

5,731

5,138

5,142

-

5,855

-

-

-

86

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,400

-

4,120

5,889

3,679

-

129

150

215

268

329

375

438

334

391

413

-

Total liabilities

48,174

56,900

57,995

51,072

44,321

45,788

44,038

40,741

32,433

33,231

30,821

28,670

29,769

30,338

20,745

18,696

19,008

19,352

20,036

19,777

21,359

17,686

19,288

15,650

15,722

14,572

15,417

15,050

14,535

12,663

11,900

10,002

11,108

9,979

8,701

11,846

Commitments and contingencies – See Note 6

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

Equity:
Preferred stock, $.01 par value: Authorized and available shares– 2,445,598 Issued and outstanding shares– None – December 31, 2019 and December 31, 2018

-

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

-

-

6

Common stock, $.01 par value: Authorized shares – 47,000,000 Issued shares – 21,102,335 – December 31, 2019 and 20,784,483 – December 31, 2018

211

210

209

208

208

208

207

207

207

207

207

207

207

207

207

207

207

207

207

207

207

207

207

207

207

206

205

205

205

204

201

201

201

201

201

193

Treasury stock, at cost 1,697 shares – December 31, 2019 and 7,895 shares – December 31, 2018

2

15

15

8

8

26

33

36

115

127

51

34

51

58

149

164

169

198

159

173

183

188

130

130

356

252

107

26

26

24

-

-

-

-

-

1

Additional paid-in capital

16,511

16,448

16,410

16,353

16,304

16,275

16,253

16,241

16,271

16,234

16,198

16,138

16,093

16,041

16,037

15,954

15,871

15,755

15,692

15,613

15,519

15,589

15,488

15,383

15,339

15,267

15,014

14,872

14,738

14,609

14,225

14,098

13,940

13,777

13,796

13,549

Accumulated other comprehensive loss

-3,616

-4,006

-3,556

-3,540

-3,638

-3,518

-2,065

-1,690

-1,690

-2,060

-2,021

-2,341

-2,407

-3,364

-3,570

-3,357

-2,869

-2,969

-2,306

-2,220

-1,556

-1,409

-986

-1,078

-1,031

-887

-943

-580

-382

-209

-367

-214

-172

-280

-117

-142

Retained earnings

5,851

6,459

5,553

4,033

3,432

3,945

3,325

5,101

4,977

6,246

5,999

5,591

5,835

5,746

5,805

5,523

5,662

4,633

4,724

4,696

4,770

2,244

1,862

1,285

1,654

-1,452

-1,783

-1,652

-1,696

-3,023

-3,601

-4,319

-4,626

-5,830

-6,046

-6,808

Total SPAR Group, Inc. equity

18,955

19,096

18,601

17,046

16,298

16,884

17,687

19,823

19,650

20,500

20,332

19,561

19,677

18,572

18,330

18,163

18,702

17,428

18,158

18,123

18,757

16,443

16,441

15,667

15,813

12,882

12,386

12,819

12,839

11,557

10,458

9,766

9,343

7,868

7,834

6,797

Non-controlling interest

12,406

11,098

10,284

8,926

8,476

8,495

8,764

8,736

5,905

4,827

4,509

3,820

5,405

6,574

6,028

5,708

5,696

4,801

4,890

4,697

4,454

4,026

3,119

2,892

2,743

2,474

2,376

2,138

1,896

1,437

1,179

1,222

1,070

1,043

476

450

Total equity

31,361

30,194

28,885

25,972

24,774

25,379

26,451

28,559

25,555

25,327

24,841

23,381

25,082

25,146

24,358

23,871

24,398

22,229

23,048

22,820

23,211

20,469

19,560

18,559

18,556

15,356

-

-

14,735

-

-

-

-

-

-

-

Total liabilities and equity

79,535

87,094

86,880

77,044

69,095

71,167

70,489

69,300

57,988

58,558

55,662

52,051

54,851

55,484

45,103

42,567

43,406

41,581

43,084

42,597

44,570

38,155

38,848

34,209

34,278

29,928

30,179

30,007

29,270

25,657

23,537

20,990

21,521

18,890

17,011

19,093