TTEC Holdings, Inc. TTEC Balance Sheet

Ttec holdings, inc. (TTEC)

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	Dec'09
ASSETS.
Current assets
Cash and cash equivalents
520,369	82,407	85,480	75,517	89,046	78,237	93,879	71,260	81,594	74,437	78,842	77,910	66,475	55,264	61,308	55,330	75,422	60,304	86,170	93,842	65,714	77,316	87,612	97,778	120,377	158,017	144,903	150,623	170,551	164,485	170,377	170,578	172,761	156,371	169,809	194,286	189,707	119,385	109,424
Accounts receivable, net of allowance of $5,402 and $5,452, respectively
313,639	331,096	312,128	323,823	332,867	350,962	301,770	315,756	344,249	391,902	304,493	288,041	272,827	300,808	256,039	261,569	286,165	283,474	258,231	259,833	295,719	276,432	266,846	251,436	249,351	236,099	245,080	244,823	245,836	251,206	244,175	243,360	244,212	243,636	265,598	239,543	224,665	233,706	216,614
Prepaids and other current assets
91,149	96,287	80,709	75,287	91,468	61,808	86,054	70,956	71,840	63,971	67,516	67,080	64,002	59,905	61,441	68,262	71,008	64,180	75,798	66,792	66,609	64,702	67,803	59,515	57,602	52,332	58,987	55,231	62,583	58,702	60,323	51,737	46,611	37,434	40,068	44,423	30,543	38,486	39,144
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,175	22,135	22,783	22,501	9,939	11,731	13,283	11,905	8,672	8,927	5,406	14,169	15,628	23,692	19,886	22,994	20,180	13,090	9,275	8,770	5,911
Income and other tax receivables
32,951	40,035	37,293	37,855	9,270	35,470	13,447	13,380	12,569	11,099	8,078	7,703	7,670	7,035	8,707	12,379	8,730	7,114	3,015	2,052	4,638	4,532	7,296	10,821	8,748	11,198	9,367	9,790	15,904	14,982	19,879	12,328	5,856	17,847	28,839	26,321	26,138	23,869	31,282
Assets held for sale
-	-	-	-	-	-	7,822	9,163	7,412	-	9,279	8,969	12,967	10,715	9,967	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current assets
958,108	549,825	515,610	512,482	522,651	526,477	502,972	480,515	517,664	541,409	468,208	449,703	423,941	433,727	397,462	397,540	441,325	415,072	450,389	444,654	455,463	445,483	439,496	431,281	449,361	469,551	467,009	469,394	500,280	503,544	510,382	501,695	489,326	478,282	524,494	517,663	480,328	424,216	402,375
Long-term assets
Property, plant and equipment, net
173,717	176,633	164,972	162,643	165,367	161,523	161,244	156,210	157,215	163,346	162,361	160,321	151,841	151,037	164,007	170,124	169,551	168,289	165,795	159,669	150,017	150,212	147,905	141,381	132,789	126,719	120,111	108,523	108,351	112,276	111,431	105,055	98,645	100,321	92,379	95,699	98,569	105,528	126,995
Operating lease assets
145,069	150,808	146,092	137,260	135,193	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
305,531	301,694	203,823	205,758	205,180	204,633	201,826	203,518	205,632	209,727	166,584	166,874	129,765	129,648	111,088	114,092	114,506	114,183	118,784	126,798	127,588	128,705	128,830	110,781	110,553	102,743	98,695	93,577	95,191	98,241	72,154	72,057	74,069	70,844	73,990	77,279	52,767	52,707	45,250
Deferred tax assets, net
10,835	13,263	12,103	15,058	16,717	15,523	22,335	17,477	16,476	12,012	30,953	32,988	47,065	53,585	55,251	48,021	45,312	52,082	24,159	32,022	30,035	31,512	42,868	33,740	40,069	42,791	46,720	46,384	43,086	36,324	34,823	31,642	31,652	32,512	33,729	32,896	34,379	37,944	36,527
Contract acquisition costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,381	1,043	1,327	-	2,077	1,321	1,607	1,860	2,115	2,358	2,624	2,866	2,072	1,773	2,147	2,782	8,049
Other intangible assets, net
112,315	115,596	72,091	75,589	78,532	80,911	82,902	87,321	88,707	93,085	61,784	60,742	29,656	30,787	33,994	46,845	49,950	51,215	53,564	53,036	56,528	59,905	61,831	54,190	56,394	54,812	-	-	-	54,461	-	-	-	-	-	-	-	-	-
Other long-term assets
59,193	68,969	67,175	70,551	65,002	65,441	67,327	43,489	49,168	59,157	59,628	59,495	57,883	47,520	45,485	45,526	45,249	42,486	45,524	47,026	44,852	36,658	38,998	44,221	41,447	45,726	103,757	91,439	98,980	44,924	74,699	72,145	74,799	62,153	56,465	58,475	42,300	37,446	20,971
Total long-term assets
806,660	826,963	666,256	666,859	665,991	528,031	535,634	508,015	517,198	537,327	481,310	480,420	416,210	412,577	409,825	424,608	424,568	428,255	407,826	418,551	409,020	406,992	421,813	385,356	382,579	372,791	371,360	341,244	347,215	348,086	295,222	283,257	281,789	268,696	258,635	266,122	230,162	236,407	237,792
Total assets
1,764,768	1,376,788	1,181,866	1,179,341	1,188,642	1,054,508	1,038,606	988,530	1,034,862	1,078,736	949,518	930,123	840,151	846,304	807,287	822,148	865,893	843,327	858,215	863,205	864,483	852,475	861,309	816,637	831,940	842,342	838,369	810,638	847,495	851,630	805,604	784,952	771,115	746,978	783,129	783,785	710,490	660,623	640,167
LIABILITIES AND STOCKHOLDERS' EQUITY
Current
Accounts payable
63,892	64,440	66,229	56,625	59,877	59,447	51,567	45,121	39,472	46,442	45,155	36,022	34,232	38,197	37,092	41,724	39,247	43,323	46,358	41,608	31,785	37,019	34,154	28,675	40,695	32,031	35,719	23,512	20,219	23,494	25,053	29,960	20,793	27,555	21,401	23,643	19,404	23,599	17,625
Accrued employee compensation and benefits
105,329	114,165	111,430	101,985	101,743	83,437	88,636	75,773	85,004	84,830	85,820	81,544	78,689	66,133	71,878	60,877	69,034	71,634	71,937	74,439	69,492	70,069	68,421	69,216	63,698	80,130	67,982	68,853	62,354	71,621	69,586	71,000	70,019	71,500	73,008	79,089	78,547	72,406	67,106
Other accrued expenses
100,559	79,171	77,610	62,740	30,688	15,963	30,324	17,828	29,442	19,047	29,405	23,911	25,078	14,830	25,080	22,216	37,246	33,160	40,662	30,474	32,969	34,430	34,212	28,441	40,216	31,659	26,365	27,185	26,580	30,581	23,723	43,941	29,778	33,816	27,755	33,103	33,838	40,682	18,481
Income taxes payable
17,404	11,307	10,186	10,507	19,135	12,325	13,501	10,444	18,318	7,497	10,194	9,822	10,047	7,040	8,308	6,074	4,096	9,125	7,247	5,755	9,298	10,141	6,224	2,851	1,648	6,066	4,504	4,055	12,927	12,650	11,041	12,222	8,695	10,051	8,416	12,168	10,073	23,175	20,327
Deferred revenue
34,980	39,447	39,755	39,716	40,369	44,926	33,555	25,132	28,675	21,650	23,416	22,964	27,215	23,318	24,372	22,367	25,799	26,184	30,183	29,013	29,440	29,887	30,187	23,046	27,985	28,799	33,609	25,866	27,224	26,892	22,766	16,603	13,546	15,895	16,063	17,853	4,776	5,570	13,164
Current operating lease liabilities
45,314	45,218	41,512	38,719	37,660	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	358	33	34	-	34	35	38	590	300	355	323	341	1,995	1,745	1,832	912	1,712	1,675	1,861	2,235	3,145
Other current liabilities
12,920	9,541	11,584	12,577	15,430	19,320	21,841	24,162	22,535	22,312	23,497	23,089	25,006	29,154	29,911	24,740	20,575	23,480	27,296	20,890	17,610	17,085	15,666	9,641	13,940	11,512	10,519	10,484	8,098	7,351	7,404	8,530	5,161	10,282	9,181	6,163	11,701	4,584	6,118
Liabilities held for sale
-	-	-	-	-	-	3,546	3,788	1,481	-	2,491	1,908	2,446	1,357	1,121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
380,398	363,289	358,306	322,869	304,902	235,418	242,970	202,248	224,927	201,778	219,978	199,260	202,713	180,029	197,762	177,998	195,997	206,906	224,041	202,212	190,628	198,631	188,898	161,905	188,220	190,787	178,998	160,310	157,725	172,930	161,568	184,001	149,824	170,011	157,536	173,694	160,200	172,251	145,966
Long-term liabilities
Line of credit
700,000	290,000	199,000	228,000	242,000	282,000	272,500	289,000	302,500	344,000	255,000	257,000	182,000	217,300	129,000	135,000	133,000	100,000	115,000	115,000	126,000	100,000	115,000	100,000	100,000	100,000	118,000	110,000	115,000	108,000	88,000	78,000	85,000	64,000	130,300	118,000	79,500	0	0
Deferred tax liabilities, net
10,938	10,602	9,916	11,232	10,061	10,371	10,698	11,466	11,458	11,285	155	137	301	160	2,039	3,496	3,179	3,333	2,351	3,182	2,866	4,675	2,551	3,342	2,103	2,281	2,277	2,507	2,391	3,029	3,248	3,226	3,242	3,020	3,294	3,457	3,404	3,559	0
Negative investment in deconsolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	76	76	-	76	76	76	76	4,865
Non-current Income Taxes Payable
25,208	25,208	27,277	28,253	30,754	30,754	38,302	37,820	38,956	47,871	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	16,584	14,942	15,124	14,677	15,714	16,023	15,800	15,625	15,256	12,970	11,821	12,083	11,791	10,023	10,103	9,589	8,956	9,080	8,726	9,040	9,635	9,826	9,354	8,707	8,589	8,565	7,528	7,516	6,729	7,243	7,798	8,865	10,363	13,989
Non-current operating lease liabilities
120,021	127,395	125,998	118,350	114,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
73,430	79,641	74,226	79,988	121,301	126,532	130,336	101,208	97,121	95,243	58,568	62,668	64,240	71,664	70,453	69,634	66,012	76,349	81,011	73,727	77,248	74,149	75,297	50,882	60,799	63,648	57,897	54,767	50,064	58,745	45,228	43,459	45,229	32,971	29,949	27,512	21,163	19,556	19,446
Total long-term liabilities
929,597	532,846	436,417	465,823	518,466	466,241	466,778	454,618	464,712	514,113	329,746	335,605	262,166	304,380	214,462	219,951	214,274	191,473	208,385	202,012	215,703	187,780	201,928	162,950	171,942	175,564	188,000	176,628	176,162	178,363	145,117	132,289	141,063	106,720	170,862	156,843	113,008	33,554	38,300
Total liabilities
1,309,995	896,135	794,723	788,692	823,368	701,659	709,748	656,866	689,639	715,891	549,724	534,865	464,879	484,409	412,224	397,949	410,271	398,379	432,426	404,224	406,331	386,411	390,826	324,855	360,162	366,351	366,998	336,938	333,887	351,293	306,685	316,290	290,887	276,731	328,398	330,537	273,208	205,805	184,266
Redeemable noncontrolling interest
53,367	48,923	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commitments and contingencies (Note 10)
-	-	-	-	-	-	-	-	-	-	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	-
Mandatorily redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,105	4,131	3,920	3,410	3,411	2,814	2,790	3,274	2,462	2,509	-	-	-	1,067	-	-	-	-	-	-	-	-	-
Stockholders' equity
Preferred stock - $0.01 par value: 10,000,000 shares authorized; zero shares outstanding as of December 31, 2019 and December 31, 2018
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; 150,000,000 shares authorized; 46,596,873 and 46,488,938 shares outstanding as of March 31, 2020 and December 31, 2019, respectively
466	465	465	464	463	462	462	460	460	459	458	458	458	462	468	474	483	485	485	483	484	485	489	492	497	503	504	513	521	522	537	546	556	566	563	566	569	579	622
Additional paid-in capital
355,734	356,409	353,372	354,068	353,639	353,932	351,141	352,784	351,672	351,725	348,932	351,006	349,688	348,739	346,637	347,704	347,637	347,251	347,445	356,047	355,779	356,792	355,824	352,920	352,568	356,381	354,501	347,737	345,158	350,714	349,131	346,018	342,895	350,386	348,519	346,121	343,068	349,157	344,251
Treasury stock at cost: 35,455,380 and 35,563,315 shares as of March 31, 2020 and December 31, 2019, respectively
603,531	605,314	605,370	607,004	608,490	610,177	610,214	612,841	613,738	615,677	615,917	618,452	614,233	603,262	586,057	566,980	541,187	533,744	534,680	535,507	530,818	527,595	518,745	508,627	494,133	477,399	473,318	452,815	432,866	428,716	404,307	390,468	373,440	357,267	360,815	354,725	348,463	322,946	251,691
Accumulated other comprehensive income (loss)
-143,208	-106,234	-118,700	-110,686	-119,878	-124,596	-125,973	-129,325	-107,903	-102,304	-103,893	-104,707	-112,515	-126,964	-109,832	-98,542	-85,815	-101,365	-102,902	-74,751	-66,020	-52,274	-33,750	-6,357	-24,602	-20,586	-7,886	-5,186	28,547	22,981	19,123	7,197	10,707	-5,474	888	20,854	23,980	20,334	10,513
Retained earnings
778,909	773,218	744,954	741,728	729,930	725,551	705,218	712,775	707,257	721,664	763,116	759,809	745,115	735,939	736,551	734,441	723,317	720,989	703,898	701,714	687,497	677,859	655,720	641,852	626,895	606,502	588,710	571,067	558,752	540,791	520,409	491,980	486,657	470,776	454,663	429,292	407,075	396,602	346,728
Noncontrolling interest
13,036	13,186	12,422	12,079	9,610	7,677	8,224	7,811	7,475	6,978	7,098	7,144	6,759	6,981	7,296	7,102	7,082	7,201	7,623	7,585	7,819	7,983	8,155	8,228	8,091	8,081	8,860	12,384	13,496	12,978	14,026	13,389	12,853	11,260	10,913	11,140	11,053	11,092	5,478
Total stockholders' equity
401,406	431,730	387,143	390,649	365,274	352,849	328,858	331,664	345,223	362,845	399,794	395,258	375,272	361,895	395,063	424,199	451,517	440,817	421,869	455,571	454,741	463,250	467,693	488,508	469,316	473,482	471,371	473,700	513,608	499,270	498,919	468,662	480,228	470,247	454,731	453,248	437,282	454,818	455,901
Total liabilities and stockholders' equity
1,764,768	1,376,788	1,181,866	1,179,341	1,188,642	1,054,508	1,038,606	988,530	1,034,862	1,078,736	949,518	930,123	840,151	846,304	807,287	822,148	865,893	843,327	858,215	863,205	864,483	852,475	861,309	816,637	831,940	842,342	838,369	810,638	847,495	851,630	805,604	784,952	771,115	746,978	783,129	783,785	710,490	660,623	640,167