Peak resorts inc (SKIS)
Balance Sheet / Quarterly
Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Jul'15Apr'15Jan'15Oct'14Apr'14
Assets [Abstract]
Current assets:
Cash and cash equivalents

14,451

30,194

27,235

6,362

10,085

23,091

19,086

12,962

26,869

33,665

33,881

3,732

2,437

5,396

11,461

10,982

16,849

20,931

6,109

13,186

Restricted cash

4,173

5,240

-

-

-

1,163

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable

6,454

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

1,542

1,245

1,440

-

1,338

1,339

7,079

-

5,780

54,461

55,946

61,099

55,520

43,332

37,519

22,002

15,954

13,063

Income tax receivable

-

-

3,283

8,857

4,587

-

-

11,668

5,727

-

5,056

10,402

5,176

-

6,564

4,520

-

7,438

9,528

-

Restricted Cash

-

-

-

-

-

-

-

-

-

11,113

-

-

-

-

-

-

-

-

-

-

Accounts receivable

2,729

9,514

5,525

764

2,872

8,560

5,967

712

1,625

5,083

3,303

1,184

1,896

4,772

1,458

663

1,639

1,291

220

396

Inventory

2,478

2,544

4,713

3,356

2,097

1,971

3,396

2,630

2,395

2,215

3,844

3,510

2,801

2,730

3,585

1,715

1,583

2,961

2,765

1,541

Deferred income taxes

-

-

-

-

-

-

911

591

591

-

1,092

1,092

1,092

1,092

970

970

970

875

875

875

Prepaid expenses and other current assets

11,632

14,984

8,027

7,839

10,034

12,731

10,273

6,926

2,541

2,183

1,231

2,683

2,636

2,680

2,704

1,956

1,930

2,051

2,167

1,433

Total current assets

41,917

62,476

50,325

28,423

31,115

47,516

40,971

36,828

46,827

54,259

54,187

77,064

71,984

77,769

82,262

64,138

60,490

57,549

37,618

30,494

Property and equipment, net

286,262

287,121

293,209

217,266

209,102

204,095

203,044

199,970

193,644

188,143

188,255

188,563

190,425

192,178

183,838

146,185

143,944

141,706

138,403

136,696

Land held for development

38,664

38,657

38,652

37,646

37,640

37,634

37,607

37,601

37,592

37,583

37,569

37,559

37,550

37,542

37,534

35,780

35,780

36,959

36,932

36,877

Restricted cash, construction

-

-

-

-

-

12,175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash, construction

-

-

-

3,006

8,589

-

17,459

19,539

26,156

-

36,538

-

-

-

-

-

-

-

-

-

Restricted cash, construction

-

-

-

-

-

-

-

-

-

33,700

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

788

-

-

-

846

-

-

-

-

-

-

Goodwill

18,173

18,173

16,659

4,382

4,382

4,382

4,825

4,825

4,825

4,825

5,009

5,009

5,009

5,009

-

-

627

-

-

-

Intangible assets, net

3,032

3,106

3,163

702

721

731

745

755

774

-

803

817

832

-

-

-

-

-

-

-

Other assets

1,113

1,115

1,601

2,206

2,513

1,797

675

676

661

648

641

625

619

619

11,908

1,335

699

3,793

3,502

2,470

Total assets

389,161

410,648

403,609

293,631

294,062

308,330

305,326

300,194

310,479

319,946

323,002

309,637

306,419

313,963

315,542

247,438

241,540

240,007

216,455

206,537

Liabilities and Stockholders' Equity
Liabilities [Abstract]
Current liabilities:
Revolving lines of credit

12,415

12,415

12,415

12,415

12,415

12,415

12,375

12,375

2,750

-

4,500

20,000

17,250

15,500

15,500

-

-

-

-

-

Current maturities of long-term debt

1,214

1,513

2,145

2,151

2,421

2,614

2,405

2,838

3,622

-

4,205

2,611

2,598

2,456

2,738

1,834

999

1,188

1,325

984

Accounts payable and accrued expenses

16,971

14,207

-

-

-

12,079

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bridge loan

-

-

-

-

-

-

-

-

-

-

-

5,500

-

-

-

-

-

-

-

-

Revolving lines of credit

-

-

-

-

-

-

-

-

-

4,500

-

-

-

-

-

-

-

-

-

-

Current maturities of long-term debt

-

-

-

-

-

-

-

-

-

3,592

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

19,884

17,508

10,507

-

17,751

11,120

13,842

12,371

16,636

16,164

18,149

18,696

23,205

9,210

8,218

14,035

7,871

5,050

Accrued salaries, wages and related taxes and benefits

2,506

6,281

4,879

947

1,036

922

2,460

1,045

1,092

1,035

2,614

1,205

1,060

919

2,168

740

927

1,398

945

886

Unearned revenue

22,519

22,153

28,641

22,108

16,756

16,084

18,990

18,753

14,762

14,092

17,046

17,848

14,074

13,233

16,661

10,660

8,606

14,437

14,556

7,458

EB-5 investor funds in escrow

-

-

-

-

-

-

-

-

-

500

500

52,004

50,504

52,004

52,004

38,553

30,002

22,001

12,801

-

Current portion of deferred gain on sale/leaseback

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

333

Total current liabilities

55,958

56,902

68,297

55,462

43,468

44,447

54,314

46,464

36,401

36,423

45,834

115,665

103,968

103,141

112,609

61,330

49,085

53,392

37,831

14,711

Long-term debt, including related party debt of $50,049 and $50,058, less current maturities, respectively

216,221

215,869

-

-

-

165,837

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gain on sale/leaseback

2,097

2,180

-

-

-

2,512

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

18,384

18,384

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

7,809

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, including related party debt of $50,068 and $0, less current maturities

-

-

216,033

165,777

165,768

-

165,044

164,881

174,716

177,493

173,979

118,114

118,238

118,343

118,168

97,404

97,569

98,469

174,403

173,973

Capitalized lease obligations

-

-

-

-

-

-

1,637

2,148

2,343

-

3,328

3,793

4,102

4,419

4,972

4,405

1,494

1,667

1,646

191

Deferred gain on sale/leaseback

-

-

2,262

2,346

2,429

-

2,595

2,679

2,762

2,845

2,929

3,012

3,095

3,178

3,262

3,428

3,511

3,594

3,678

3,844

Deferred income taxes

-

-

16,296

7,809

7,809

-

2,347

12,474

12,474

11,883

12,672

12,672

12,672

12,672

11,543

8,831

8,831

9,682

9,682

9,682

Other liabilities

651

770

852

486

495

504

513

522

531

540

549

558

567

576

585

603

612

621

630

648

Total liabilities

293,311

294,105

303,740

231,880

219,969

221,109

226,450

229,168

229,227

229,184

-

-

-

-

-

-

-

-

-

-

Series A preferred stock, $0.01 par value per share, $1,000 liquidation preference per share, 40,000 shares authorized, issued and outstanding

34,718

34,318

33,918

17,401

17,401

-

17,401

17,401

17,401

-

-

-

-

-

-

-

-

-

-

-

Series A preferred stock, $0.01 par value per share, $1,000 liquidation preference per share, 40,000 shares authorized, 40,000 and 20,000 shares issued and outstanding, respectively

-

-

-

-

-

17,401

-

-

-

17,001

16,204

-

-

-

-

-

-

-

-

-

Commitments and contingencies

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

-

-

0

Stockholders' Equity
Common stock, $0.01 par value per share, 40,000,000 shares authorized, 15,227,562 and 15,165,832 shares issued and outstanding, respectively

152

152

152

140

140

140

140

140

140

140

140

140

140

140

140

140

140

140

40

40

Additional paid-in capital

96,952

96,557

96,491

86,738

86,687

86,631

86,577

86,529

86,435

86,372

86,322

82,803

82,775

82,728

82,538

82,538

82,538

82,538

385

385

Accumulated deficit

-35,972

-14,484

-30,692

-42,528

-30,135

-16,951

-25,242

-33,044

-22,724

-12,751

-18,955

-27,120

-19,138

-11,234

-18,275

-11,241

-2,240

-10,096

-11,840

3,063

Total stockholders' equity

61,132

82,225

65,951

44,350

56,692

69,820

61,475

53,625

63,851

73,761

67,507

55,823

63,777

71,634

64,403

71,437

80,438

72,582

-11,415

3,488

Total liabilities and stockholders' equity

389,161

410,648

403,609

293,631

294,062

308,330

305,326

300,194

310,479

319,946

323,002

309,637

306,419

313,963

315,542

247,438

241,540

240,007

216,455

206,537