Syntel inc (SYNT)
Balance Sheet / Quarterly
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

77,971

41,373

95,994

75,417

57,447

46,886

78,332

65,244

702,446

658,454

500,499

476,904

489,883

281,784

197,708

221,498

170,893

221,839

178,757

150,240

136,316

131,196

94,622

86,675

74,815

83,849

104,628

89,172

87,656

78,505

Short-term investments

49,797

31,140

26,501

33,618

29,562

27,176

21,614

23,150

395,385

425,683

540,045

503,587

439,816

585,168

669,353

587,226

598,868

491,046

490,177

428,501

415,499

306,823

326,653

335,399

280,096

250,549

215,798

212,083

206,941

208,695

Accounts receivable, net of allowance for doubtful accounts of $49 at June 30, 2018 and $0 at December 31, 2017, respectively.

118,007

126,619

115,052

109,341

106,060

121,850

118,299

113,077

127,605

108,641

136,926

115,393

115,543

114,995

111,993

116,778

106,870

105,109

101,974

97,339

95,604

84,450

86,004

89,958

92,479

96,544

88,573

83,369

76,859

75,873

Revenue earned in excess of billings

35,955

26,651

24,995

26,465

21,319

19,496

25,039

32,711

37,240

48,527

30,448

41,778

33,702

40,654

27,493

36,567

30,710

33,262

22,275

29,405

27,423

25,576

11,875

17,299

14,328

15,480

5,131

15,664

20,391

5,329

Other current assets

21,353

36,006

29,484

30,213

33,352

42,435

36,306

-

-

-

36,423

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advance to transfer agent for dividend payout

-

-

-

-

-

-

-

1,261,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes and other current assets

-

-

-

-

-

-

-

36,442

50,977

50,182

-

58,660

63,275

65,190

56,930

67,697

73,217

65,437

49,929

53,315

51,884

60,840

51,736

58,315

45,709

54,662

46,353

56,615

52,985

43,705

Total current assets

303,083

261,789

292,026

275,054

247,740

257,843

279,590

1,532,124

1,313,653

1,291,487

1,244,341

1,196,322

1,142,219

1,087,791

1,063,477

1,029,766

980,558

916,693

843,112

758,800

726,726

608,885

570,890

587,646

507,427

501,084

460,483

456,903

444,832

412,107

Property and equipment

227,226

238,248

240,948

236,955

237,700

237,695

227,056

230,653

224,036

221,096

217,922

216,016

218,971

217,320

210,206

210,887

211,396

207,240

198,687

189,910

195,488

209,477

204,151

202,388

180,663

189,824

179,576

192,613

204,991

171,445

Less accumulated depreciation and amortization

130,253

134,993

134,650

131,855

130,495

128,454

120,580

120,732

116,553

115,068

112,146

108,712

108,167

106,157

101,155

100,058

98,985

95,533

89,082

84,078

84,111

87,972

85,033

84,756

76,342

80,154

73,574

75,282

77,712

69,338

Property and equipment, net

96,973

103,255

106,298

105,100

107,205

109,241

106,476

109,921

107,483

106,028

105,776

107,304

110,804

111,163

109,051

110,829

112,411

111,707

109,605

105,832

111,377

121,505

119,118

117,632

104,321

109,670

106,002

117,331

127,279

102,107

Goodwill

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

906

Non-current term deposits with banks

380

472

396

389

237

236

225

229

227

229

77

78

90

82

105

-

0

-

163

2,404

2,663

14

14

14

13

136

130

28

30

66

Deferred income taxes and other non-current assets

86,252

86,022

84,090

79,581

78,018

75,342

67,346

61,935

63,867

68,489

72,170

66,613

64,847

61,872

50,476

47,093

44,852

45,574

43,390

37,760

36,925

35,163

34,908

30,602

30,097

31,780

29,727

29,163

31,609

30,931

TOTAL ASSETS

487,594

452,444

483,716

461,030

434,106

443,568

454,543

1,705,115

1,486,136

1,467,139

1,423,270

1,371,223

1,318,866

1,261,814

1,224,015

1,188,594

1,138,727

1,074,880

997,176

905,702

878,597

766,473

725,836

736,800

642,764

643,576

597,248

604,331

604,656

546,117

LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)
LIABILITIES
Current liabilities:
Accounts payable

14,658

12,684

11,632

2,292

9,756

10,611

10,760

12,136

14,241

13,927

14,678

12,171

11,479

11,858

9,323

10,171

11,466

11,576

9,947

12,812

11,980

12,599

11,306

13,303

11,949

16,554

12,299

12,366

15,677

10,071

Accrued payroll and related costs

48,683

45,084

51,497

51,339

49,131

50,326

56,650

55,649

51,689

49,934

60,339

55,216

49,016

48,336

60,765

56,869

50,341

46,176

56,308

47,485

43,085

41,520

49,889

44,767

38,155

36,658

45,949

40,377

35,656

40,736

Income taxes payable

34,638

32,810

21,100

18,721

19,611

17,626

15,195

60,377

16,235

11,906

11,305

32,004

30,050

21,562

23,781

27,206

26,884

21,636

19,224

13,954

19,700

11,785

8,873

9,008

11,961

5,711

3,080

6,226

5,667

2,291

Accrued liabilities

25,104

23,032

23,130

30,885

21,164

20,267

20,799

26,929

26,742

26,399

23,150

28,625

26,927

23,239

24,250

27,889

26,699

27,046

26,714

29,087

31,190

20,794

23,644

19,592

20,264

16,780

20,309

34,271

18,887

16,561

Deferred revenue

3,542

2,965

3,240

3,432

4,827

5,911

7,973

3,189

4,050

3,817

7,716

2,834

2,919

2,294

3,266

4,372

3,364

3,096

4,729

2,685

2,838

2,708

4,694

5,317

4,539

5,823

9,692

7,323

8,996

9,783

Loans and borrowings

27,974

26,117

24,268

26,090

20,449

18,583

21,264

15,131

12,725

129,977

129,981

132,223

134,475

6,968

8,852

8,486

8,116

7,724

7,363

7,004

0

50,021

50,029

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

1,261,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,729

2,739

2,734

2,733

2,741

2,758

2,752

Total current liabilities

154,599

142,692

134,867

132,759

124,938

123,324

132,641

1,434,911

125,682

235,960

247,169

263,073

254,866

114,257

130,237

134,993

126,870

117,254

124,285

113,027

108,793

139,427

148,435

94,716

89,607

84,260

94,062

103,304

87,641

82,194

Deferred income taxes and other non-current liabilities

28,642

28,688

27,325

29,992

28,953

28,356

26,373

-

-

-

17,656

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

-

-

-

-

-

-

-

26,707

18,359

17,899

-

16,854

16,482

16,430

16,198

14,246

13,254

12,816

11,970

11,925

12,035

12,387

11,731

11,672

10,624

10,946

9,997

14,021

14,460

12,453

Non-current loans and borrowings

239,548

246,997

334,446

361,895

377,468

428,042

478,616

464,190

84,375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current loans and borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

129,750

129,750

132,000

134,250

136,500

138,375

140,250

148,757

-

0

-

-

-

-

-

-

-

TOTAL LIABILITIES

422,789

418,377

496,638

524,646

531,359

579,722

637,630

1,925,808

228,416

253,859

264,825

279,927

271,348

260,437

276,185

281,239

274,374

266,570

274,630

265,202

269,585

151,814

160,166

106,388

100,231

95,206

104,059

117,325

102,101

94,647

Commitments and contingencies (See Note 16)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

Preferred stock, 5,000,000 shares authorized; none issued

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common Stock, no par value per share, 200,000,000 shares authorized; 82,964,314 and 83,634,955 shares issued and outstanding at December 31, 2017 and 2016, respectively

-

-

-

-

-

-

1

-

-

-

1

-

-

-

1

-

-

-

1

-

-

-

1

-

-

-

1

-

-

1

Restricted stock,691,488 and 669,554 shares issued and outstanding at December 31, 2017 and 2016, respectively

-

-

-

-

-

-

45,033

-

-

-

38,389

-

-

-

30,935

-

-

-

23,450

-

-

-

18,062

-

-

-

13,692

-

-

11,008

Treasury stock at cost 880,435 and 510,923 shares of common stock at December 31, 2017 and 2016, respectively.

-

-

-

-

-

-

9,990

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

67,422

-

-

-

67,422

-

-

-

67,422

-

-

-

67,422

-

-

-

67,422

-

-

-

67,422

-

-

67,420

Accumulated other comprehensive loss

-

-

-

-

-

-

-254,905

-

-

-

-235,609

-

-

-

-186,244

-

-

-

-154,303

-

-

-

-86,133

-

-

-

-72,434

-

-

1,415

Retained earnings (accumulated deficit)

-

-

-

-

-

-

-30,648

-

-

-

1,288,242

-

-

-

1,035,716

-

-

-

785,976

-

-

-

566,318

-

-

-

484,508

-

-

371,626

Total shareholders' equity/(deficit)

64,805

34,067

-12,922

-63,616

-97,253

-136,154

-183,087

-220,693

1,257,720

1,213,280

1,158,445

1,091,296

1,047,518

1,001,377

947,830

907,355

864,353

808,310

722,546

640,500

609,012

614,659

565,670

630,412

542,533

548,370

493,189

487,006

502,555

451,470

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY/(DEFICIT)

487,594

452,444

483,716

461,030

434,106

443,568

454,543

1,705,115

1,486,136

1,467,139

1,423,270

1,371,223

1,318,866

1,261,814

1,224,015

1,188,594

1,138,727

1,074,880

997,176

905,702

878,597

766,473

725,836

736,800

642,764

643,576

597,248

604,331

604,656

546,117