Tyler technologies, inc. (TYL)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'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

301,985

232,682

161,438

11,187

39,437

134,279

219,452

93,247

210,616

185,926

124,603

55,072

63,731

36,151

23,314

41,327

35,341

33,087

238,614

204,103

194,721

206,167

157,431

88,092

97,145

78,876

52,121

3,068

4,495

6,406

103

312

9,932

1,326

5,280

1,412

2,114

Short-term investments available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

800

-

-

-

-

-

-

-

50

-

25

-

25

25

Accounts receivable (less allowance for losses and sales adjustments of $6,470 in 2020 and $5,738 in 2019)

318,144

374,089

347,982

381,379

298,980

298,912

281,523

299,253

216,516

246,188

206,444

233,831

163,723

200,334

188,429

209,483

137,332

176,360

129,228

152,178

105,790

112,660

111,803

144,234

82,334

106,570

90,503

121,256

76,220

99,212

78,218

100,460

58,888

90,012

75,456

90,486

81,860

Short-term investments

38,250

39,399

32,931

31,184

36,958

44,306

52,349

59,459

65,858

43,159

39,911

24,709

20,056

20,273

23,764

22,642

18,332

13,423

9,124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

33,964

24,717

24,544

26,881

23,839

33,258

32,790

34,985

30,262

32,206

23,219

23,676

21,445

21,039

21,384

22,976

20,984

22,334

18,044

18,979

17,352

17,851

15,561

15,838

15,158

13,522

12,107

11,811

10,255

9,000

8,171

8,159

8,361

8,348

8,008

8,238

7,801

Income tax receivable

16,657

6,482

4

0

0

4,697

13,281

13,100

7,286

11,339

3,362

12,206

0

2,895

17,680

23,994

11,798

21,080

-

-

-

19

-

3,711

4,290

9,721

-

-

-

406

-

-

-

-

-

-

-

Other current assets

3,220

2,328

2,907

2,939

3,060

3,406

2,299

1,944

2,098

1,997

2,182

2,784

2,620

2,268

2,756

3,529

1,749

1,931

6,821

10,590

238

339

446

598

933

787

4,522

4,905

1,035

1,074

2,521

3,184

1,403

2,286

2,483

4,067

3,543

Total current assets

712,220

679,697

569,806

453,570

402,274

518,858

601,694

501,988

532,636

520,815

399,721

352,278

271,575

282,960

277,327

323,951

225,536

268,215

411,505

395,524

327,775

337,036

293,000

261,032

207,619

217,235

164,765

146,552

97,549

122,053

94,064

117,260

83,679

107,092

94,333

107,334

98,449

Accounts receivable, long-term

21,394

22,432

20,437

20,511

22,821

16,020

12,966

12,387

11,550

12,107

3,867

2,333

2,577

2,480

2,744

2,579

3,098

2,777

1,072

391

311

1,761

1,454

1,127

526

588

1,098

800

1,621

1,187

681

576

1,400

2,095

1,212

631

1,231

Operating lease right-of-use assets

17,992

18,992

20,172

20,349

20,067

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

175,460

171,861

169,950

170,150

164,617

155,177

156,498

154,464

154,254

152,315

149,142

147,956

142,109

124,268

120,963

115,886

114,291

101,112

68,092

67,908

67,301

65,910

66,694

67,160

66,222

64,844

63,145

55,378

48,170

45,381

43,017

42,500

40,721

40,915

40,780

40,511

34,851

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,674

9,674

9,674

5,504

7,759

7,759

7,759

7,759

5,512

5,512

5,544

5,955

5,051

5,095

5,095

5,095

3,106

3,106

3,106

Non-current investments available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,280

-

2,078

2,103

2,012

2,037

2,029

1,903

1,953

1,953

2,101

2,101

2,126

Other assets:
Goodwill

840,028

840,117

826,040

835,911

834,572

753,718

749,502

740,146

657,727

657,987

655,068

651,721

650,237

650,237

647,525

655,393

655,167

653,666

125,932

131,960

124,142

124,142

124,017

121,011

121,011

121,011

121,011

121,011

121,011

121,011

112,750

112,750

108,166

106,094

92,831

92,831

92,831

Other intangibles, net

366,506

378,914

377,580

377,478

389,633

276,852

282,806

293,194

221,069

229,617

245,520

252,874

258,280

267,259

276,326

285,491

286,475

295,378

35,701

31,507

33,115

34,722

36,359

35,804

37,376

38,986

40,628

42,289

44,031

45,800

42,319

43,990

40,359

35,628

28,812

29,958

32,307

Cost method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,000

15,000

15,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current investments and other assets

85,776

79,601

71,104

71,462

75,318

70,338

61,156

57,580

48,388

38,510

39,800

31,347

30,903

30,741

27,881

29,752

33,442

20,422

21,080

3,744

15,738

737

739

683

207

1,824

690

795

980

1,197

1,234

1,467

1,485

1,614

1,667

1,788

2,237

Total assets

2,219,376

2,191,614

2,055,089

1,949,431

1,909,302

1,790,963

1,864,622

1,759,759

1,625,624

1,611,351

1,493,118

1,438,509

1,355,681

1,357,945

1,352,766

1,413,052

1,318,009

1,356,570

678,382

646,034

568,382

569,812

522,263

486,817

434,241

444,488

393,415

368,928

315,374

338,666

296,094

320,446

277,763

295,391

261,736

275,154

264,032

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

12,958

14,977

9,060

8,062

6,011

6,910

4,597

4,839

6,421

8,174

4,563

9,448

6,130

7,295

5,992

6,574

6,316

6,789

4,385

4,385

5,373

4,119

3,397

2,584

2,572

2,533

6,974

3,776

2,528

3,167

2,169

1,768

2,582

3,211

3,736

2,331

2,626

Accrued liabilities

59,765

75,234

69,781

70,894

63,824

66,480

66,020

52,959

44,996

64,675

57,583

46,006

41,226

55,989

54,184

49,875

33,260

49,156

37,199

34,810

22,759

39,508

32,120

28,602

19,512

32,839

23,162

23,583

21,900

26,018

22,358

22,523

14,933

24,751

21,202

20,466

19,433

Operating lease liabilities

6,373

6,387

6,413

6,039

5,777

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current income tax payable

0

0

0

249

7,868

-

-

-

-

-

-

-

4,681

-

-

-

-

-

-

-

4,816

-

-

-

-

-

-

-

-

-

-

-

2,126

-

-

-

-

Deferred revenue

365,959

412,495

391,560

368,488

319,900

350,512

326,421

316,084

268,132

298,613

297,163

304,128

270,208

298,217

288,316

296,481

250,108

281,627

200,890

201,549

164,706

189,212

185,844

184,578

139,298

156,738

151,510

155,903

125,385

140,550

120,127

125,721

109,381

123,678

108,114

110,455

102,590

Total current liabilities

445,055

509,093

476,814

453,732

403,380

423,902

397,038

373,882

319,549

371,462

359,309

359,582

322,245

361,501

348,492

352,930

289,684

337,572

242,474

240,744

197,654

232,839

221,361

215,764

161,382

192,110

181,646

183,262

149,813

169,735

144,654

150,012

129,022

151,640

133,052

133,252

124,649

Revolving line of credit

0

0

0

15,000

85,000

0

-

-

-

0

0

0

0

10,000

34,000

135,000

140,000

66,000

-

-

-

-

-

-

-

-

-

-

-

18,000

28,000

65,700

56,000

60,700

58,000

31,500

26,500

Deferred revenue, long-term

167

199

241

551

442

424

493

785

641

1,274

1,468

1,643

1,908

2,140

2,924

3,704

4,561

3,115

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

45,774

48,442

40,303

39,749

42,779

41,791

44,965

44,803

44,220

46,879

54,563

59,682

64,691

68,779

85,095

92,110

91,775

91,026

4,813

4,673

4,340

-

4,911

4,574

6,155

6,059

4,141

5,511

5,363

5,632

5,431

5,127

4,994

4,941

5,972

5,952

5,911

Operating lease liabilities, long-term

15,548

16,822

18,134

18,769

18,956

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments and contingencies

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

Shareholders' equity:
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued

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, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of March 31, 2020 and December 31, 2019

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

481

Additional paid-in capital

798,089

739,478

692,586

715,920

731,073

731,435

724,935

686,782

652,909

626,867

604,324

586,037

569,763

556,663

595,162

605,179

608,496

607,755

230,840

221,838

209,910

201,389

184,693

186,418

187,379

182,176

166,297

159,164

156,604

154,018

155,248

153,988

154,012

152,859

153,766

152,330

153,576

Accumulated other comprehensive loss, net of tax

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-46

-209

-209

-268

-268

-273

-355

-355

-355

-275

-275

-275

Retained earnings

964,886

917,336

870,546

830,156

798,157

771,925

740,373

701,449

662,288

624,463

538,023

499,760

468,182

435,876

384,234

361,970

343,098

326,019

317,401

297,259

278,423

261,150

245,833

228,833

214,093

202,210

191,698

180,649

171,602

163,109

153,733

142,901

135,796

130,115

121,416

113,910

102,558

Treasury stock, at cost; 8,397,086 and 8,839,352 shares in 2020 and 2019, respectively

50,578

40,191

43,970

124,881

170,920

178,949

43,617

48,377

54,418

60,029

65,004

68,630

71,543

77,449

97,576

138,276

160,040

75,352

117,581

118,915

122,380

126,001

134,970

149,207

135,203

138,502

150,639

159,930

168,221

172,041

191,180

197,408

202,187

204,990

210,676

161,996

149,368

Total shareholders' equity

1,712,832

1,617,058

1,519,597

1,421,630

1,358,745

1,324,846

1,422,126

1,340,289

1,261,214

1,191,736

1,077,778

1,017,602

966,837

915,525

882,255

829,308

791,989

858,857

431,095

400,617

366,388

336,973

295,991

266,479

266,704

246,319

207,628

180,155

160,198

145,299

118,009

99,607

87,747

78,110

64,712

104,450

106,972

Total liabilities and shareholders' equity

2,219,376

2,191,614

2,055,089

1,949,431

1,909,302

1,790,963

1,864,622

1,759,759

1,625,624

1,611,351

1,493,118

1,438,509

1,355,681

1,357,945

1,352,766

1,413,052

1,318,009

1,356,570

678,382

646,034

568,382

569,812

522,263

486,817

434,241

444,488

393,415

368,928

315,374

338,666

296,094

320,446

277,763

295,391

261,736

275,154

264,032