Skyline champion corporation (SKY)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'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'11
ASSETS
Current assets:
Cash and cash equivalents

209,455

171,287

154,739

143,647

126,634

128,985

102,873

80,891

113,731

14,090

12,287

12,635

11,384

5,232

8,902

8,450

7,659

6,260

6,804

6,672

4,995

4,933

4,824

2,995

6,031

5,275

9,639

9,132

11,838

9,658

9,670

9,012

12,011

3,747

8,056

7,417

9,727

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

600

600

600

600

-

-

-

-

-

-

U.S. Treasury Bills, at cost plus accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,000

5,000

7,000

4,000

6,000

13,998

15,998

16,998

26,997

30,995

30,995

34,994

Trade accounts receivable, net

45,733

42,233

56,194

57,692

57,649

46,479

55,165

56,006

41,984

14,345

14,802

13,562

12,751

14,857

15,823

14,834

15,153

12,738

14,309

12,064

15,288

13,089

13,590

17,172

16,259

15,195

12,114

12,993

13,472

13,714

8,356

11,011

11,199

11,716

7,944

10,593

11,477

Note receivable, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

50

50

49

48

47

47

46

45

-

-

-

-

-

-

Inventories, net

126,386

107,938

113,063

113,190

122,638

111,351

113,147

114,105

98,022

13,046

12,929

11,399

12,233

13,619

11,956

11,816

11,381

10,923

10,759

10,498

9,119

9,307

9,155

12,952

8,627

11,234

9,965

9,851

8,732

10,340

10,711

9,750

8,359

9,170

10,034

10,274

8,720

Workers' compensation security deposit

-

-

-

-

-

-

-

-

-

800

371

371

371

690

690

1,038

1,294

1,749

792

1,015

1,732

2,137

2,137

2,688

2,688

2,597

2,597

2,597

2,597

-

-

-

2,402

-

-

-

-

Other current assets

17,239

13,377

16,071

14,078

11,369

11,909

11,738

12,530

9,367

820

995

1,156

563

776

1,048

965

331

424

1,370

1,540

447

753

974

897

542

383

632

464

351

3,183

3,970

3,951

501

2,614

3,103

3,280

3,463

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

-

492

2,372

-

7,473

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

398,813

334,835

340,067

328,607

318,290

298,724

282,923

263,532

263,104

43,101

41,384

39,123

37,302

35,174

38,419

37,103

35,818

32,094

34,034

31,926

31,581

30,711

33,103

36,754

41,670

36,733

40,595

42,684

41,637

43,541

47,350

49,722

51,470

54,244

60,132

62,559

68,381

Long-term assets:
Note Receivable, non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,555

1,568

1,581

1,594

1,606

1,619

1,631

1,643

1,655

-

-

-

-

-

-

Land

-

-

-

-

-

-

-

-

-

2,016

2,016

2,486

2,965

2,996

2,996

2,996

2,996

2,996

2,996

2,996

2,996

3,586

3,586

3,785

3,586

4,534

3,918

3,918

4,597

3,918

3,918

3,918

3,918

3,992

4,063

4,063

4,063

Buildings and improvements

-

-

-

-

-

-

-

-

-

36,092

35,615

35,356

35,368

37,279

37,207

37,094

36,624

36,624

36,624

36,287

36,280

39,720

39,706

46,546

39,254

46,074

40,578

40,485

49,462

40,959

40,896

40,896

40,891

41,223

45,845

45,824

45,760

Machinery and equipment

-

-

-

-

-

-

-

-

-

16,715

16,872

16,864

16,364

17,364

17,142

17,036

16,977

16,223

16,161

16,340

16,332

16,976

17,001

19,577

17,238

19,986

18,128

17,930

20,571

17,952

18,053

18,125

18,122

22,304

23,460

23,641

23,300

Property, Plant and Equipment gross

-

-

-

-

-

-

-

-

-

54,823

54,503

54,706

54,697

57,639

57,345

57,126

56,597

55,843

55,781

55,623

55,608

60,282

60,293

69,908

60,078

70,594

62,624

62,333

74,630

62,829

62,867

62,939

62,931

67,519

73,368

73,528

73,123

Less accumulated depreciation

-

-

-

-

-

-

-

-

-

44,191

44,092

43,916

43,721

45,690

45,423

45,163

44,952

44,740

44,485

44,232

44,039

47,019

46,738

54,328

46,036

53,579

47,655

47,392

56,288

47,007

46,653

46,293

45,856

49,241

53,815

53,565

52,998

Net operating property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,969

14,941

-

15,822

16,214

16,646

17,075

18,278

19,553

19,963

20,125

Idle property, net of accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,465

2,831

-

3,217

3,294

4,016

4,121

3,669

2,970

4,577

4,677

Property, plant, and equipment, net

109,291

110,944

111,428

110,236

108,587

111,360

111,950

111,948

67,960

10,632

10,411

10,790

10,976

11,949

11,922

11,963

11,645

11,103

11,296

11,391

11,569

13,263

13,555

15,580

14,042

17,015

17,434

17,772

18,342

19,039

19,508

20,662

21,196

21,947

22,523

24,540

24,802

Restricted cash

-

-

-

-

-

-

-

-

22,885

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

173,500

173,500

173,500

173,500

173,400

172,057

177,485

178,041

3,179

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortizable intangible assets, net

43,357

44,714

46,059

47,421

48,936

48,914

43,158

44,357

1,542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

21,812

30,435

31,218

32,948

34,058

34,527

37,112

38,538

30,290

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets of discontinued operations, net of accumulated depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,911

-

-

-

-

-

-

-

-

-

-

-

-

Net Property, Plant and Equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,263

13,555

-

15,953

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets

34,906

30,029

29,257

29,758

16,677

12,682

12,784

12,942

6,438

4,705

7,242

7,230

7,366

7,241

7,386

7,493

7,515

7,325

7,319

7,299

7,289

6,892

6,855

6,560

6,550

6,388

6,347

6,326

6,317

6,165

6,121

6,242

6,190

6,019

5,993

5,969

5,916

Total assets

781,700

724,478

731,550

722,491

699,954

678,264

665,412

649,358

395,398

58,438

59,037

57,143

55,644

54,364

57,727

56,559

54,978

50,522

52,649

50,616

50,439

50,866

55,068

60,462

65,754

61,730

65,982

68,401

67,927

70,388

74,634

76,626

78,856

82,210

88,648

93,068

99,099

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Floor plan payable

33,914

32,375

30,511

32,668

33,321

38,958

29,893

29,501

29,825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term portion of debt

-

-

-

-

-

-

-

-

404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

38,703

27,325

43,343

45,037

43,421

34,742

46,021

43,262

36,773

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

114,030

118,603

126,746

126,771

129,561

122,829

119,736

113,842

100,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, trade

-

-

-

-

-

-

-

-

-

5,240

4,056

3,859

3,861

3,776

4,013

4,148

3,921

2,381

3,144

3,617

3,033

1,640

2,034

3,856

3,050

3,793

2,094

3,721

3,675

3,560

2,914

4,260

3,296

3,093

2,664

3,318

3,392

Accrued salaries and wages

-

-

-

-

-

-

-

-

-

3,350

2,942

3,002

3,530

2,555

3,507

3,108

3,557

2,164

2,752

2,486

2,565

1,594

2,171

2,304

2,255

2,054

2,452

2,343

2,624

2,880

2,576

2,410

2,990

3,186

3,021

3,636

3,089

Accrued volume rebates

-

-

-

-

-

-

-

-

-

3,306

3,220

2,643

1,986

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued marketing programs

-

-

-

-

-

-

-

-

-

-

-

-

-

3,090

3,638

2,666

1,767

2,931

3,637

3,172

2,356

3,606

4,151

4,002

2,526

4,069

4,589

3,413

1,965

3,822

3,547

3,048

2,215

2,963

3,222

2,555

1,573

Accrued warranty

-

-

-

-

-

-

-

-

-

3,811

3,916

4,088

4,757

5,686

5,379

5,117

4,817

4,755

4,618

4,482

4,511

3,722

3,738

3,661

3,697

3,921

3,955

3,799

3,682

4,383

4,414

4,198

3,870

3,889

3,609

3,391

3,366

Customer deposits

-

-

-

-

-

-

-

-

-

1,480

1,977

1,885

1,880

1,664

1,332

1,277

1,521

-

-

-

497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued workers' compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

412

378

176

-

1,035

1,509

1,389

822

Other accrued liabilities

-

-

-

-

-

-

-

-

-

2,342

2,596

2,773

2,371

2,918

2,756

2,564

2,448

2,725

2,406

2,340

2,155

2,888

2,482

2,970

3,695

3,888

3,092

2,981

2,261

1,747

1,844

1,789

2,310

2,538

1,926

1,993

2,474

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

-

338

339

-

3,024

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

186,647

178,303

200,600

204,476

206,303

196,529

195,650

186,605

167,114

19,529

18,707

18,250

18,385

19,689

20,625

18,880

18,031

14,956

16,557

16,205

15,117

13,788

14,915

16,793

18,247

17,725

16,182

16,257

14,207

16,804

15,673

15,881

14,681

16,704

15,951

16,282

14,716

Long-term liabilities:
Long-term debt

77,330

39,330

44,330

49,330

54,330

59,330

59,330

59,330

58,927

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

3,264

3,746

3,660

3,581

3,422

3,459

3,459

3,321

3,294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

40,144

33,902

32,810

32,936

23,927

20,401

20,504

20,533

12,766

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation expense

-

-

-

-

-

-

-

-

-

4,801

4,808

4,807

4,848

4,921

4,946

4,959

5,002

5,072

5,100

5,160

5,237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued warranty

-

-

-

-

-

-

-

-

-

2,800

2,800

2,800

2,800

2,500

2,500

2,500

2,500

2,400

2,400

2,400

2,400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other deferred liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,171

7,249

7,321

7,386

-

-

-

8,069

-

-

-

-

-

-

-

-

Life insurance loans

-

-

-

-

-

-

-

-

-

-

2,707

4,312

4,312

4,312

4,312

4,312

4,312

4,312

4,312

4,312

4,312

6,334

6,334

6,334

6,334

-

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

120,738

76,978

80,800

85,847

81,679

83,190

83,293

83,184

74,987

7,601

10,315

11,919

11,960

11,733

11,758

11,771

11,814

11,784

11,812

11,872

11,949

13,505

13,583

13,655

13,720

7,658

7,741

7,872

8,069

7,978

7,990

8,049

8,011

7,632

7,436

7,347

7,344

Contingent Liabilities (Note 17)

-

-

-

-

-

-

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:
Common stock, $0.0277 par value, 115,000 shares authorized, 56,665 and 56,657 shares issued (including 145 and 290 shares subject to restriction) as of March 28, 2020 and March 30, 2019, respectively

1,570

1,570

1,570

1,569

1,569

1,571

1,571

1,556

-

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

312

Additional paid-in capital

485,552

483,371

481,909

481,143

479,226

475,838

472,176

388,854

-

5,391

5,316

5,239

5,171

5,117

5,072

5,041

5,010

4,985

4,963

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

4,928

Members’ contributed capital

-

-

-

-

-

-

-

-

140,076

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-48

-6,046

-23,083

-40,828

-58,208

-67,365

-77,878

-853

22,514

91,349

90,131

87,167

85,560

83,257

85,704

86,299

85,555

84,229

84,749

83,043

83,877

84,077

87,074

90,518

94,291

96,851

102,563

104,776

106,155

106,110

111,475

113,200

116,668

118,378

125,765

129,943

137,543

Accumulated other comprehensive loss

-12,759

-9,698

-10,246

-9,716

-10,615

-11,499

-9,400

-9,988

-9,293

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock, at cost, 2,825,900 shares

-

-

-

-

-

-

-

-

-

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

65,744

Total equity

474,315

469,197

450,150

432,168

411,972

398,545

386,469

379,569

153,297

31,308

30,015

26,974

25,299

22,942

25,344

25,908

25,133

23,782

24,280

22,539

23,373

23,573

26,570

30,014

33,787

36,347

42,059

44,272

45,651

45,606

50,971

52,696

56,164

57,874

65,261

69,439

77,039

Total liabilities and stockholders' equity

781,700

724,478

731,550

722,491

699,954

678,264

665,412

649,358

395,398

58,438

59,037

57,143

55,644

54,364

57,727

56,559

54,978

50,522

52,649

50,616

50,439

50,866

55,068

60,462

65,754

61,730

65,982

68,401

67,927

70,388

74,634

76,626

78,856

82,210

88,648

93,068

99,099