Titan machinery inc. (TITN)
Balance Sheet / Yearly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Jan'11
ASSETS
CURRENT ASSETS
Cash

43,721

52,420

49,517

63,331

56,745

52,243

49,673

57,254

53,396

43,861

57,526

56,241

53,151

52,431

51,090

63,782

89,465

78,409

95,416

104,355

127,528

89,713

82,011

74,242

113,368

102,407

114,252

124,360

-

-

-

79,842

-

-

-

Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

115,668

126,509

106,717

-

97,890

102,194

76,112

Receivables, Net, Current

72,776

88,907

86,486

85,853

77,500

81,690

78,411

66,172

60,672

73,605

63,698

62,946

60,082

71,803

60,076

55,389

65,534

69,390

70,797

64,892

76,382

86,305

79,895

97,894

110,981

94,432

86,019

121,786

96,568

66,203

53,679

82,518

52,952

53,496

44,945

Inventory, Net

597,394

624,215

629,246

568,262

491,091

525,277

547,062

518,173

472,467

529,761

517,464

484,090

478,266

607,629

682,049

684,829

680,482

813,840

877,823

880,060

879,440

1,137,700

1,116,977

1,075,978

1,175,665

1,105,819

1,001,227

929,216

1,048,004

938,267

823,195

748,047

738,345

622,471

429,844

Prepaid expenses and other

13,655

7,857

8,270

12,229

15,556

9,085

11,149

11,651

12,611

8,363

10,465

7,868

10,989

7,491

6,148

6,686

9,753

7,300

5,353

5,179

10,634

12,461

17,392

24,740

25,893

27,113

9,786

8,178

4,225

2,972

5,128

2,108

2,176

2,291

1,003

Income taxes receivable

-

-

-

-

-

-

-

96

-

111

6,049

5,371

5,380

4,559

4,374

11,862

13,011

2,888

3,834

3,003

166

3,755

6,173

851

2,859

5,767

7,384

503

-

-

-

3,140

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,487

18,297

18,488

-

13,274

13,441

13,678

8,611

8,411

8,170

8,357

5,182

5,147

5,256

5,370

2,880

3,110

3,247

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,776

11,246

14,946

15,312

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

727,546

773,399

773,519

729,675

640,892

668,295

686,295

653,346

599,146

655,701

655,202

616,516

607,868

743,913

803,737

822,548

858,245

1,002,090

1,082,766

1,090,923

1,109,462

1,343,208

1,315,889

1,287,383

1,437,377

1,343,949

1,226,838

1,192,400

1,269,647

1,139,098

993,975

921,025

894,243

783,562

555,151

INTANGIBLES AND OTHER ASSETS
Intangible assets, net of accumulated amortization

8,367

9,059

7,351

7,343

7,247

7,288

5,361

5,369

5,193

4,944

4,960

4,980

5,001

5,026

5,041

5,091

5,134

5,189

5,272

5,360

5,458

11,422

11,582

11,750

13,873

14,019

14,200

14,089

12,477

12,631

11,459

10,793

9,758

8,153

4,734

Property and Equipment, net of accumulated depreciation

247,797

1,163

1,164

1,168

151,546

1,252

1,433

1,442

161,162

948

1,312

1,347

163,554

1,394

1,432

1,322

189,630

7,610

6,490

6,649

2,014

7,617

7,555

7,666

6,960

7,894

8,545

8,534

7,641

7,545

7,850

2,776

2,787

2,614

2,793

Property, Plant and Equipment, Net

145,562

148,090

146,908

144,794

138,950

144,026

143,575

146,113

151,047

156,426

160,613

159,753

156,647

169,964

174,596

177,082

183,179

178,781

186,000

194,788

208,680

233,055

231,780

228,000

235,852

235,125

230,049

194,641

185,656

182,534

167,759

126,282

118,329

98,545

65,372

Operating Lease, Right-of-Use Asset

88,281

92,124

95,432

97,404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Assets, Net, Noncurrent

2,147

3,398

3,173

3,091

3,010

3,334

2,785

3,145

3,472

271

334

332

547

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncurrent parts inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,903

5,085

5,098

5,871

4,865

3,900

3,507

3,480

3,469

3,147

2,792

3,136

2,850

2,405

Goodwill

2,327

2,291

1,649

1,631

1,161

1,015

-

-

250

-

-

-

-

-

-

-

-

-

-

-

-

24,751

24,751

24,751

30,997

30,959

30,944

30,903

29,547

29,529

26,255

24,404

23,164

21,931

18,391

Total noncurrent assets

-

256,125

255,677

255,431

-

156,915

153,154

156,069

-

162,589

167,219

166,412

-

176,384

181,069

183,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

1,113

-

-

-

1,178

-

-

-

1,200

-

-

-

1,359

-

-

-

1,317

12,799

11,762

12,009

7,472

48,693

48,973

49,265

57,701

57,737

57,589

57,033

53,145

53,174

48,711

40,765

38,845

35,548

28,323

Assets

975,343

1,029,524

1,029,196

985,106

792,438

825,210

839,449

809,415

760,308

818,290

822,421

782,928

771,422

920,297

984,806

1,006,043

1,047,875

1,193,670

1,280,528

1,297,720

1,325,614

1,624,956

1,596,642

1,564,648

1,730,930

1,636,811

1,514,476

1,444,074

1,508,448

1,374,806

1,210,445

1,088,072

1,051,417

917,655

648,846

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable

16,976

24,439

18,928

26,039

16,607

21,165

18,721

16,288

15,136

19,567

16,331

20,123

17,326

22,888

16,265

18,322

16,863

23,185

18,358

17,539

17,659

23,182

26,138

23,714

34,289

39,724

33,867

28,282

34,597

31,024

37,322

28,424

39,091

24,712

15,957

Floorplan Notes Payable

371,772

445,726

451,934

374,271

273,756

332,943

365,634

320,862

247,392

322,439

308,025

259,634

233,228

372,055

430,838

446,304

444,780

546,586

619,636

606,673

625,162

850,347

798,542

750,533

937,218

851,185

761,978

689,410

782,357

707,459

571,170

552,428

576,763

494,886

320,801

Senior Notes, Current

0

-

-

-

45,249

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible Debt, Current

-

0

0

45,644

-

44,847

44,444

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and Loans Payable, Current

13,779

13,280

3,306

2,628

2,067

3,822

1,974

1,644

1,574

1,529

1,477

1,371

1,373

15,464

15,623

13,333

1,557

1,419

6,365

24,677

7,749

35,731

35,990

2,192

9,926

16,518

10,151

10,568

10,123

4,600

4,566

4,755

1,925

3,761

4,207

Operating Lease, Liability, Current

12,259

12,002

12,184

12,137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

40,968

12,878

30,540

35,394

46,409

16,908

22,731

32,874

32,324

15,111

20,769

23,620

26,366

16,215

14,026

16,769

31,159

11,650

15,442

26,247

35,090

21,055

36,384

61,286

27,991

26,721

31,260

46,775

25,063

12,163

25,247

49,540

19,237

30,506

28,180

Accrued Liabilities, Current

38,409

39,392

36,964

30,091

35,091

28,826

26,811

22,375

31,863

27,298

28,918

23,636

30,533

35,403

30,488

27,245

29,066

28,024

30,062

33,362

35,496

42,648

43,634

36,968

44,036

34,854

35,869

29,590

32,527

23,263

21,903

26,735

22,387

14,699

16,816

Accrued Liabilities and Other Liabilities

-

-

-

-

36,364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

0

38

38

-

0

0

0

3,529

0

3

344

153

32

-

310

5,023

1,381

233

-

1,471

374

2,093

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,855

2,531

1,540

2,835

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

494,163

547,717

553,856

526,204

420,452

448,511

480,315

394,043

328,289

385,944

375,520

328,384

308,826

462,025

507,278

522,011

523,425

613,719

692,394

710,038

727,520

972,963

940,691

875,037

1,053,613

969,034

873,125

804,935

889,690

779,890

660,441

661,882

660,874

568,938

388,054

LONG-TERM LIABILITIES
Senior convertible notes

37,789

-

-

-

20,676

0

0

63,351

62,819

62,277

70,975

70,361

88,501

87,754

109,011

108,105

134,145

135,096

134,170

133,245

129,889

130,592

129,728

128,893

128,059

127,252

126,446

125,666

124,887

124,132

123,378

-

-

-

-

Operating Lease, Liability, Noncurrent

88,387

90,063

93,248

95,375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and Loans, Noncurrent

37,789

35,754

34,581

23,871

20,676

26,255

22,419

21,395

34,578

35,892

49,169

56,245

38,236

25,427

25,527

26,223

38,409

28,625

41,629

45,660

66,563

66,609

66,690

95,532

85,658

82,657

58,480

56,592

69,345

61,102

21,607

57,405

59,544

31,933

33,409

Deferred Tax Liabilities, Net, Noncurrent

2,055

5,586

4,492

4,341

4,955

5,441

2,492

1,131

2,275

4,806

3,263

4,948

9,500

10,531

10,993

10,809

11,135

39,313

39,433

39,244

19,971

47,357

46,854

47,329

46,909

47,603

47,723

47,411

38,656

38,721

38,926

28,592

10,249

9,663

9,012

Other Liabilities, Noncurrent

7,845

8,125

7,060

6,573

11,044

7,423

8,268

8,011

10,492

10,216

8,769

5,694

5,180

2,217

2,225

2,269

2,412

3,083

3,289

3,488

3,312

2,824

7,360

6,515

6,445

6,608

8,970

9,551

1,870

2,150

2,087

2,854

3,419

3,010

3,814

Total long-term liabilities

136,076

139,528

139,381

130,160

36,675

39,119

33,179

93,888

110,164

113,191

132,176

137,248

141,417

125,929

147,756

147,406

186,101

206,117

218,521

221,637

219,735

247,382

250,632

278,269

267,071

264,120

241,619

239,220

234,758

226,105

185,998

88,851

73,212

44,606

46,235

Commitments and Contingencies

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

STOCKHOLDERS' EQUITY
Common stock, par value $0.00001 per share, 45,000 shares authorized; 22,218 shares issued and outstanding at January 31, 2020; 22,218 shares issued and outstanding at January 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

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in-capital

250,607

249,984

249,228

248,534

248,423

247,813

247,149

246,451

246,509

245,140

244,522

242,938

240,615

242,019

240,674

243,736

242,491

242,149

241,158

240,505

240,180

239,383

238,795

238,857

238,331

237,772

237,263

236,521

235,892

235,336

234,651

218,156

216,881

216,461

140,466

Retained Earnings (Accumulated Deficit)

97,717

97,044

88,830

83,319

89,228

91,387

80,613

75,432

77,046

75,361

72,977

78,163

85,347

93,586

93,322

95,842

99,526

134,576

131,120

131,114

137,418

162,412

165,380

169,575

169,968

164,143

160,310

160,724

145,118

131,057

125,848

118,251

100,450

87,650

74,091

Accumulated other comprehensive loss

-3,220

-4,749

-2,099

-3,111

-2,340

-1,620

-1,807

-399

-1,700

-1,346

-2,774

-3,805

-4,783

-3,262

-4,224

-3,559

-4,461

-3,705

-3,492

-5,729

-1,099

262

-1,278

339

-915

-1,075

-926

-735

-631

-894

112

-70

-

-

-

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

607

793

814

827

155

1,860

2,554

2,422

2,571

2,862

2,817

3,085

3,409

3,621

3,312

3,395

1,002

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

345,104

342,279

335,959

328,742

335,311

337,580

325,955

321,484

321,855

319,155

314,725

317,296

321,179

332,343

329,772

336,626

338,349

373,834

369,613

366,045

378,359

404,611

405,319

411,342

410,246

403,657

399,732

399,919

384,000

368,811

364,006

337,339

-

304,111

214,557

Stockholders' Equity Attributable to Parent

345,104

-

-

-

335,311

-

-

-

321,855

-

-

-

-

332,343

329,772

336,019

337,556

373,020

368,786

365,890

376,499

402,057

402,897

408,771

407,384

400,840

-

396,510

380,379

365,499

360,611

336,337

317,331

-

214,557

Total Liabilities and Stockholders' Equity

975,343

1,029,524

1,029,196

985,106

792,438

825,210

839,449

809,415

760,308

818,290

822,421

782,928

771,422

920,297

984,806

1,006,043

1,047,875

1,193,670

1,280,528

1,297,720

1,325,614

1,624,956

1,596,642

1,564,648

1,730,930

1,636,811

1,514,476

1,444,074

1,508,448

1,374,806

1,210,445

1,088,072

1,051,417

917,655

648,846