SCHWEITZER-MAUDUIT INTERNATIONAL, INC. SWM Balance Sheet

Schweitzer-mauduit international, inc. (SWM)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10
ASSETS
Current assets
Cash and cash equivalents
126,700	103,000	84,900	87,800	83,400	93,800	90,500	73,900	96,100	106,900	100,600	97,800	99,800	107,400	89,500	143,800	200,200	186,500	268,500	257,700	267,300	290,300	286,000	291,400	277,900	272,000	222,500	212,700	181,100	151,200	117,800	88,500	85,300	76,500	61,300	62,100	77,200	87,300
Accounts receivable, net
170,400	143,200	156,900	166,600	164,200	154,600	161,000	159,400	164,500	149,400	163,200	153,200	141,700	115,100	137,000	126,600	137,400	119,400	119,100	106,700	114,800	93,900	130,800	124,200	126,900	107,600	100,700	96,700	101,700	95,400	106,200	106,600	110,500	112,300	117,900	113,500	101,600	98,900
Inventory, Net
159,500	161,400	149,400	154,200	154,500	151,500	150,900	153,700	152,900	155,200	143,900	141,700	136,800	119,400	110,900	108,100	111,000	112,400	102,400	106,100	100,200	108,400	112,300	130,400	131,200	132,800	111,000	112,300	112,200	111,600	119,100	120,600	122,100	113,800	111,800	125,800	124,200	113,800
Income taxes receivable
5,900	12,500	10,200	14,200	8,600	12,200	2,400	300	1,700	3,400	2,900	2,700	-	0	-	-	-	-	0	0	7,400	11,500	18,200	14,600	7,900	9,900	4,500	3,400	-	0	0	100	0	2,900	11,500	11,300	9,300	900
Current deferred income tax benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,500	8,100	7,900	9,200	9,200	8,900	9,900	10,100	9,300	11,000	11,200	13,500	15,700	16,900	17,900	18,200	-	-	-	6,200
Assets held for sale
-	-	12,000	12,000	11,900	12,000	11,600	11,900	12,000	12,800	16,000	16,300	17,000	17,300	20,100	20,700	22,300	21,900	5,800	9,100	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
11,200	7,400	5,500	6,900	7,800	5,100	5,300	7,200	8,100	5,400	6,900	8,000	8,200	5,100	5,600	6,000	6,200	4,600	5,600	6,500	9,100	6,100	5,800	5,700	6,200	4,700	8,100	10,000	16,800	10,300	3,800	4,100	4,500	3,300	11,600	13,900	12,900	5,700
Total current assets
473,700	427,500	418,900	441,700	430,400	429,200	421,700	406,400	435,300	433,100	433,500	419,700	403,500	364,300	363,100	405,200	477,100	444,800	510,900	494,200	506,700	519,400	562,300	575,200	560,000	537,100	456,100	446,100	423,000	382,000	362,600	336,800	340,300	327,000	314,100	326,600	325,200	312,800
Property, plant and equipment, net
324,900	330,300	320,000	333,400	333,400	340,300	343,700	346,700	363,700	361,900	359,800	354,100	342,900	307,400	308,900	307,100	312,700	308,100	313,400	318,700	325,000	362,000	369,600	389,700	391,800	393,200	384,600	374,500	381,100	401,400	402,700	396,600	420,400	428,800	439,900	474,700	464,700	440,800
Deferred income tax benefits
4,700	3,700	4,100	400	400	300	1,800	600	700	1,000	2,300	2,300	3,800	3,700	2,400	100	4,100	100	-	-	-	0	-	0	200	-	7,000	7,800	8,400	10,500	13,600	15,800	15,700	11,800	12,400	7,200	6,800	11,800
Investment in equity affiliates
51,500	52,400	47,300	51,000	52,200	51,900	62,600	66,800	70,800	68,500	65,000	63,800	64,700	63,800	67,600	66,000	67,100	67,500	66,300	68,200	69,000	67,800	66,900	66,800	65,200	63,100	61,700	58,900	61,900	61,200	58,900	56,900	43,700	38,700	29,900	25,500	21,500	20,500
Goodwill
396,500	337,400	335,800	338,000	338,300	338,100	338,700	339,900	343,200	341,300	340,100	338,500	337,000	229,500	232,400	232,500	233,600	233,300	124,500	125,300	124,500	126,100	120,700	121,000	121,100	121,100	-	-	-	5,700	-	-	-	-	-	-	-	-
Intangible assets
329,800	251,200	254,500	262,300	266,600	272,800	279,000	284,700	294,200	297,200	301,100	303,600	307,100	177,500	203,500	206,900	210,600	213,900	85,600	87,100	87,700	89,300	78,400	79,200	80,000	80,700	-	-	-	400	-	-	-	-	-	-	-	-
Goodwill and Intangible Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	5,900	5,800	-	6,200	6,300	7,000	7,100	7,800	8,700	8,900	8,800
Other assets
74,100	69,200	69,600	62,600	64,400	33,900	39,800	40,000	39,300	39,500	30,200	29,000	28,500	27,500	27,000	25,700	24,800	22,300	19,200	21,300	21,200	20,400	30,700	32,000	29,400	31,600	25,400	25,800	24,900	25,500	28,400	29,800	33,500	31,800	34,000	63,300	56,400	55,700
Assets
1,655,200	1,471,700	1,450,200	1,489,400	1,485,700	1,466,500	1,487,300	1,485,100	1,547,200	1,542,500	1,532,000	1,511,000	1,487,500	1,173,700	1,204,900	1,243,500	1,330,000	1,290,000	1,119,900	1,114,800	1,134,100	1,185,000	1,228,600	1,263,900	1,247,700	1,226,800	940,800	919,000	905,100	886,700	872,400	842,200	860,600	845,200	838,100	906,000	883,500	850,400
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Current debt
1,900	1,900	1,900	1,900	3,100	3,300	3,200	3,000	3,800	5,100	3,500	4,300	2,900	3,000	3,200	3,700	3,500	3,300	3,100	3,200	3,200	2,300	8,900	4,200	8,200	4,200	4,600	3,300	4,600	4,200	7,400	3,200	3,300	5,000	5,000	8,700	9,200	8,700
Accounts payable
67,700	66,400	64,100	60,900	72,100	65,700	58,600	60,800	61,200	59,400	56,900	58,800	66,200	50,300	47,100	42,400	45,200	49,000	39,900	37,200	42,900	44,800	46,800	50,000	48,600	49,400	35,800	47,600	43,300	45,600	48,200	49,500	54,800	53,700	57,300	56,800	59,000	66,400
Income taxes payable
3,000	2,800	1,100	1,400	1,400	1,600	1,100	2,500	5,300	4,000	1,900	500	4,400	5,300	9,400	3,300	11,700	5,300	1,200	2,700	-	0	-	-	-	-	0	0	7,000	1,300	-	-	5,200	0	-	-	-	-
Accrued expenses and other current liabilities
69,800	86,500	77,400	77,900	63,100	72,900	73,400	69,900	68,800	78,600	79,200	71,100	70,400	77,200	70,700	66,900	76,100	85,500	77,800	76,500	78,300	76,400	80,700	81,400	86,300	92,700	81,700	74,800	75,400	75,800	75,400	73,200	78,400	82,100	87,000	90,300	94,100	111,600
Current deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,100	3,600	-
Total current liabilities
142,400	157,600	144,500	142,100	139,700	143,500	136,300	136,200	139,100	147,100	141,500	134,700	143,900	135,800	130,400	116,300	136,500	143,100	122,000	119,600	124,400	123,500	136,400	135,600	143,100	146,300	122,100	125,700	130,300	126,900	131,000	125,900	141,700	140,800	149,300	156,900	165,900	186,700
Long-term debt
752,800	540,800	559,700	604,700	617,200	618,800	637,600	639,800	670,800	679,100	690,500	716,800	723,200	437,400	441,100	506,800	578,800	568,200	397,000	394,900	439,600	435,600	437,900	444,900	439,400	381,200	146,600	161,200	157,300	151,800	159,000	170,900	144,200	141,000	159,900	157,300	101,500	43,100
Long-term income tax payable
18,200	21,400	25,600	25,600	25,600	27,000	23,700	33,400	36,700	36,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement benefits
31,300	31,600	28,000	28,600	28,000	28,200	28,900	28,700	30,000	30,700	35,500	35,000	33,400	33,100	33,100	33,300	36,200	33,500	38,100	36,100	33,000	34,100	27,200	28,900	28,900	28,700	38,400	40,200	40,000	41,500	41,200	43,000	44,500	42,300	40,000	47,900	47,600	46,300
Deferred income tax liabilities
45,100	48,200	46,900	47,000	47,000	48,000	44,700	45,600	45,300	42,300	40,300	32,900	30,000	29,800	48,300	44,300	46,900	45,300	68,300	67,300	66,400	71,400	80,700	83,100	82,700	80,900	37,100	33,300	29,500	28,400	29,000	24,300	23,100	19,800	22,900	32,900	30,100	28,900
Other liabilities
73,400	74,400	70,700	68,800	66,100	43,100	47,400	58,900	63,200	59,900	55,100	46,900	39,300	29,300	26,600	26,500	28,800	32,000	34,500	32,800	36,000	31,400	25,500	26,300	27,300	28,300	29,600	29,100	25,300	26,300	26,500	26,000	25,000	25,400	25,000	21,200	20,800	21,200
Total liabilities
1,063,200	874,000	875,400	916,800	923,600	908,600	918,600	942,600	985,100	995,800	962,900	966,300	969,800	665,400	679,500	727,200	827,200	822,100	659,900	650,700	699,400	696,000	707,700	718,800	721,400	665,400	373,800	389,500	382,400	374,900	386,700	390,100	378,500	369,300	397,100	416,200	365,900	326,200
Stockholders’ equity:
Preferred stock, $0.10 par value; 10,000,000 shares authorized; none issued or outstanding
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	0	0	0	0	0	0	0	0
Common stock, $0.10 par value; 100,000,000 shares authorized; 31,193,345 and 30,896,661 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,100	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,100	3,100	3,100	3,100	3,100	3,100	1,900	1,900	3,800	1,900	1,900	1,900	1,900
Additional paid-in-capital
81,000	78,800	75,100	73,600	72,000	71,100	70,000	68,800	67,800	66,300	63,700	61,500	60,600	59,200	57,200	56,200	54,900	53,700	52,100	51,900	50,600	49,800	48,300	46,900	45,000	43,300	41,900	40,700	39,900	41,000	34,600	211,600	210,100	211,700	208,000	206,800	205,800	208,800
Common stock in treasury, at cost, 8,760 shares at December 31, 2012
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	300	300	174,400	150,300	132,100	132,100	115,800	57,300	24,400
Retained earnings
646,200	638,400	631,700	617,600	610,800	608,200	609,800	582,200	569,800	566,700	607,300	594,500	585,000	585,300	581,200	574,700	560,900	552,600	543,100	528,900	517,000	512,700	505,700	493,700	479,900	520,000	540,900	521,300	504,100	483,400	471,600	449,700	431,100	417,000	373,700	367,100	349,900	336,400
Accumulated other comprehensive loss, net of tax
-138,300	-122,600	-135,100	-121,700	-123,800	-124,500	-114,200	-111,600	-78,600	-89,400	-105,000	-114,400	-131,000	-139,300	-116,100	-117,600	-116,000	-141,400	-138,200	-119,700	-135,900	-76,500	-36,100	1,500	-1,600	-5,000	-18,900	-35,600	-24,400	-15,400	-23,300	-36,700	-10,700	-24,500	-10,500	29,800	17,300	1,500
Total stockholders’ equity
592,000	597,700	574,800	572,600	562,100	557,900	568,700	542,500	562,100	546,700	569,100	544,700	517,700	508,300	525,400	516,300	502,800	467,900	460,000	464,100	434,700	489,000	520,900	545,100	526,300	561,400	567,000	529,500	522,700	511,800	485,700	452,100	482,100	475,900	441,000	489,800	517,600	524,200
Total liabilities and stockholders’ equity
1,655,200	1,471,700	1,450,200	1,489,400	1,485,700	1,466,500	1,487,300	1,485,100	1,547,200	1,542,500	1,532,000	1,511,000	1,487,500	1,173,700	1,204,900	1,243,500	1,330,000	1,290,000	1,119,900	1,114,800	1,134,100	1,185,000	1,228,600	1,263,900	1,247,700	1,226,800	940,800	919,000	905,100	886,700	872,400	842,200	860,600	845,200	838,100	906,000	883,500	850,400