SYNEOS HEALTH, INC. SYNH Balance Sheet

Syneos health, inc. (SYNH)

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	Dec'13
ASSETS
Current assets:
Cash, cash equivalents, and restricted cash
335	163	129	107	107	155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable and unbilled services, net
1,340	1,303	1,295	1,287	1,221	1,256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash equivalents
-	-	-	-	-	-	132	171	186	321	304	169	164	102	102	91	53	85	136	98	156	126	96
Restricted cash
-	-	-	-	-	-	2	2	2	0	1	0	0	0	0	0	0	0	0	0	0	0	0
Accounts receivable billed, net
-	-	-	-	-	-	656	682	600	642	557	223	187	211	178	190	198	158	176	143	149	130	129
Accounts receivable unbilled
-	-	-	-	-	-	347	346	392	373	403	151	159	173	168	165	164	139	153	132	122	118	99
Contract assets
-	-	-	-	-	-	136	131	111	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	16	17	16	14
Prepaid expenses and other current assets
97	94	68	71	78	79	80	82	94	84	96	37	27	34	36	35	33	38	37	34	30	34	35
Total current assets
1,774	1,562	1,492	1,466	1,407	1,491	1,356	1,417	1,388	1,422	1,362	582	539	522	487	484	450	422	521	426	477	426	376
Property and equipment, net
195	203	201	187	175	183	175	163	173	180	172	58	57	58	45	46	45	44	39	40	41	43	40
Operating lease right-of-use assets
218	218	220	227	239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
4,323	4,350	4,322	4,336	4,344	4,333	4,352	4,275	4,306	4,292	4,265	553	553	552	553	552	553	553	552	553	553	556	563
Intangible assets, net
925	973	1,004	1,051	1,096	1,133	1,189	1,182	1,241	1,286	1,394	95	105	114	124	133	142	152	161	171	180	190	231
Deferred income tax assets
34	37	5	9	9	9	32	32	27	20	21	26	18	14	10	11	12	12	15	12	11	15	3
Other long-term assets
118	108	131	118	113	103	102	101	104	84	80	19	18	25	23	23	24	26	11	11	11	8	17
Total assets
7,590	7,453	7,377	7,396	7,387	7,254	7,209	7,173	7,241	7,285	7,296	1,336	1,291	1,288	1,244	1,252	1,228	1,211	1,303	1,215	1,276	1,241	1,233
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable
112	136	82	128	94	98	82	85	69	58	66	26	18	23	22	27	40	22	14	14	14	16	9
Accrued expenses
504	568	587	569	535	563	527	502	518	500	445	158	133	153	146	147	144	111	110	100	97	111	94
Deferred revenue
689	696	703	710	713	777	709	719	643	559	510	298	287	277	283	284	281	311	337	297	282	246	207
Current portion of operating lease obligations
40	38	30	29	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of finance lease obligations
17	17	17	16	11	13	16	15	15	16	19	-	-	0	-	-	-	-	0	0	0	0	2
Current portion of long-term debt
77	58	28	199	0	50	62	37	31	25	30	23	17	11	30	15	5	29	0	0	4	3	4
Total current liabilities
1,441	1,516	1,451	1,654	1,383	1,503	1,397	1,361	1,278	1,159	1,073	507	458	466	482	474	472	474	462	412	398	379	318
Long-term debt
2,831	2,550	2,680	2,534	2,785	2,737	2,775	2,835	2,908	2,945	2,984	449	470	485	466	456	466	472	475	475	414	412	587
Operating lease long-term obligations
215	218	222	228	236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease long-term obligations
32	36	36	28	27	26	21	13	15	20	22	-	-	0	-	-	-	-	0	0	0	-	0
Deferred income tax liabilities
8	11	33	33	26	25	58	32	22	37	51	0	1	8	4	3	14	28	27	27	28	30	29
Other long-term liabilities
83	90	85	93	88	106	123	108	110	99	139	26	25	26	28	28	22	19	20	20	26	27	22
Total liabilities
4,612	4,424	4,509	4,573	4,549	4,398	4,376	4,350	4,334	4,263	4,270	982	956	987	982	963	976	993	985	935	867	849	956
Commitments and contingencies (Note 15)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Shareholders' equity:
Preferred stock, $0.01 par value; 30,000 shares authorized, 0 shares issued and outstanding at March 31, 2020 and December 31, 2019
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, $0.01 par value; 600,000 shares authorized, 104,161 and 103,866 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	1
Additional paid-in capital
3,430	3,441	3,425	3,404	3,402	3,402	3,390	3,371	3,394	3,414	3,404	590	582	573	565	572	564	559	584	583	635	634	480
Treasury stock, at cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6
Accumulated other comprehensive loss, net of taxes
-131	-71	-127	-92	-71	-88	-53	-55	15	-22	-25	-30	-37	-42	-36	-38	-36	-41	-38	-37	-35	-26	-9
Accumulated deficit
-322	-341	-432	-488	-493	-459	-505	-494	-504	-370	-353	-207	-210	-229	-267	-246	-276	-301	-228	-266	-191	-217	-188
Total shareholders' equity
2,977	3,029	2,867	2,823	2,838	2,856	2,833	2,822	2,907	3,022	3,026	353	335	301	261	288	252	217	317	280	408	392	276
Total liabilities and shareholders' equity
7,590	7,453	7,377	7,396	7,387	7,254	7,209	7,173	7,241	7,285	7,296	1,336	1,291	1,288	1,244	1,252	1,228	1,211	1,303	1,215	1,276	1,241	1,233