Select Interior Concepts, Inc. SIC Balance Sheet

Select interior concepts, inc. (SIC)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Dec'17
Assets
Current assets
Cash
36,929	5,002	8,645	1,905	7,110	6,362	3,891	-	2,547
Cash
-	-	-	-	-	-	-	6,111	-
Restricted cash
-	-	-	-	-	3,000	3,000	3,000	3,000
Accounts receivable, net of allowance for doubtful accounts of $1,092 and $849 at March 31, 2020 and December 31, 2019, respectively
59,958	63,419	65,741	70,110	63,413	63,601	56,375	51,422	45,284
Inventories
106,895	104,741	114,533	115,162	109,941	108,270	117,364	110,514	87,629
Prepaid expenses and other current assets
10,381	11,083	5,442	5,086	3,696	2,809	2,958	2,646	2,625
Income taxes receivable
4,437	2,184	2,913	3,758	834	1,263	4,228	1,181	1,520
Total current assets
218,600	186,429	197,274	196,021	184,994	185,305	187,816	174,874	142,605
Property and equipment, net of accumulated depreciation of $23,326 and $21,020 at March 31, 2020 and December 31, 2019, respectively
26,485	26,494	25,821	21,685	21,783	19,798	18,619	17,110	13,226
Deferred tax assets, net
10,222	10,550	9,355	9,355	9,355	9,355	12,668	12,668	11,569
Goodwill
99,789	99,789	98,541	98,541	98,976	94,593	76,076	66,984	66,326
Intangible assets, net
87,565	90,748	93,932	97,418	101,774	100,715	83,448	77,100	82,263
Other assets
5,328	6,265	6,248	6,303	6,175	6,248	1,549	1,204	4,257
Total assets
447,989	420,275	431,171	429,323	423,057	416,014	380,176	349,940	320,246
Liabilities and stockholders' equity
Current liabilities
Accounts payable
46,904	42,734	42,691	45,934	40,430	37,265	40,659	37,947	38,491
Income taxes payable
-	-	-	-	984	984	-	-	-
Accrued expenses and other current liabilities
19,115	16,661	21,832	22,364	25,925	27,620	30,983	26,513	19,840
Customer deposits
9,101	8,627	9,116	9,547	9,379	9,908	-	-	5,320
Current portion of long-term debt, net of financing fees of $586 and $511 at March 31, 2020 and December 31, 2019, respectively
954	11,749	1,228	1,296	1,331	1,368	1,386	1,424	1,449
Current portion of capital lease obligations
2,639	2,395	1,164	719	620	500	497	382	229
Customer deposits
-	-	-	-	-	-	10,122	6,421	-
Total current liabilities
78,713	82,166	76,031	79,860	78,669	77,645	83,647	72,687	65,329
Line of credit
48,830	21,871	33,959	35,917	29,611	36,706	44,170	35,382	19,269
Long-term debt, net of current portion and financing fees of $1,123 and $1,107 at March 31, 2020 and December 31, 2019, respectively
151,559	141,299	152,958	-	-	142,442	-	-	-
Long-term debt, net of current portion and financing fees of $1,362 and $1,618, respectively
-	-	-	153,297	154,475	-	100,190	92,518	86,897
Long-term capital lease obligations
6,720	6,907	5,691	1,504	1,434	1,544	1,594	1,013	664
Other long-term liabilities
5,352	6,757	6,872	6,788	9,489	8,983	-	-	-
Total liabilities
291,174	259,000	275,511	277,366	273,678	267,320	229,601	201,600	172,159
Commitments and contingencies (see Note 11)
-	-	-	-	-	-	0	0	-
Stockholders' equity
Treasury stock, 116,753 shares at March 31, 2020 and 33,140 shares at December 31, 2019, at cost
1,046	391	227	-	-	-	-	-	-
Additional paid-in capital
161,590	161,396	160,053	158,582	157,159	156,601	156,650	155,168	153,520
Retained earnings (accumulated deficit)
-3,983	19	-4,417	-6,875	-8,037	-8,164	-6,331	-7,084	-5,689
Total stockholders' equity
156,815	161,275	155,660	151,957	149,379	148,694	150,575	148,340	148,087
Total liabilities and stockholders' equity
447,989	420,275	431,171	429,323	423,057	416,014	380,176	349,940	320,246
Customer Relationships
Intangible assets, net
69,667	71,989	74,311	76,936	80,431	79,843	-	-	68,125
Intangible assets
Intangible assets, net
17,898	18,759	19,621	20,482	21,343	20,872	-	-	14,138
Class A
Common stock
254	251	251	250	257	257	-	-	217
Total stockholders' equity
254	251	-	-	-	257	-	-	217
Class B
Common stock
-	-	-	-	-	-	-	-	39
Total stockholders’ equity
-	-	-	-	-	-	-	-	39