Ufp technologies inc (UFPT)
Balance Sheet / TTM
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
Current assets:
Cash and cash equivalents

7,334

3,743

11,390

5,231

2,493

3,238

5,088

5,915

7,064

37,978

37,246

34,514

33,755

31,359

30,118

27,007

25,459

29,804

29,355

29,173

24,392

34,052

33,048

31,960

34,620

37,303

38,232

34,271

31,941

33,480

31,155

29,236

27,616

29,848

30,658

28,118

22,102

Receivables, less allowance of $541 at March 31, 2020 and $486 at December 31, 2019

29,449

28,648

28,796

-

-

28,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivables, less allowance for doubtful accounts of $501 at June 30, 2019 and $564 at December 31, 2018

-

-

-

30,681

29,772

-

30,144

30,179

29,285

21,381

22,044

22,306

21,923

21,249

22,307

23,020

20,376

17,481

19,255

19,518

18,223

16,470

18,565

17,622

18,150

17,032

17,806

18,661

18,514

17,836

16,968

16,394

16,388

15,618

15,115

16,153

14,633

Inventories

20,242

18,276

19,219

19,038

19,437

19,576

19,902

18,732

18,258

12,863

13,136

14,095

14,411

14,151

14,568

13,884

13,218

14,202

13,535

12,832

12,925

12,893

13,500

13,429

12,177

11,048

9,897

10,890

10,530

9,695

9,019

9,919

10,066

9,758

9,006

8,990

8,044

Prepaid expenses

2,750

2,304

2,659

2,267

1,842

2,206

2,219

2,106

2,716

1,835

2,234

2,455

2,869

2,281

2,161

2,595

2,426

930

1,346

1,664

2,060

664

947

1,681

2,062

690

927

1,194

1,540

654

597

866

950

558

773

935

1,035

Refundable income taxes

-

279

2,036

717

1,504

2,285

966

616

776

1,017

979

9

0

807

481

480

897

871

908

479

2,579

3,192

829

1,625

949

1,537

-

-

936

1,713

798

502

410

1,086

854

856

1,414

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,170

1,155

1,150

-

1,284

1,256

1,248

1,110

1,130

1,125

1,120

1,116

1,249

1,222

1,195

1,168

1,187

1,194

1,208

Total current assets

59,775

53,250

64,100

57,934

55,048

55,626

58,319

57,548

58,099

75,074

75,639

73,379

72,958

69,847

69,635

66,986

62,376

63,288

65,569

64,821

61,329

67,271

68,173

67,573

69,206

68,720

67,994

66,144

64,584

64,494

59,788

58,142

56,627

58,040

57,595

56,248

48,438

Property, plant and equipment

117,292

116,089

115,208

113,866

113,275

111,779

112,503

111,289

113,935

106,716

103,797

101,357

98,657

96,806

96,390

94,673

91,930

90,564

88,630

86,088

84,178

75,823

74,336

68,546

65,951

64,574

64,550

63,086

60,820

59,569

55,672

52,653

49,945

47,635

47,332

45,698

45,457

Less accumulated depreciation and amortization

61,062

59,350

58,128

56,520

55,820

54,112

54,044

52,600

55,148

53,064

51,815

50,521

49,601

48,290

47,628

46,348

45,060

44,009

44,053

42,966

41,887

40,980

40,797

40,755

40,079

39,067

38,874

38,001

37,090

36,251

36,271

35,598

34,927

34,289

34,320

33,796

32,882

Net property, plant and equipment

56,230

56,739

57,080

57,346

57,455

57,667

58,459

58,689

58,787

53,652

51,982

50,836

49,056

48,516

48,762

48,325

46,870

46,555

44,577

43,122

42,291

34,843

33,539

27,791

25,872

25,507

25,676

25,085

23,730

23,318

19,401

17,054

15,017

13,346

13,011

11,901

12,575

Goodwill

51,838

51,838

51,838

51,838

51,838

51,838

51,838

51,838

51,838

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,322

7,038

7,039

6,481

6,481

6,481

6,481

6,481

6,481

6,481

Intangible assets, net

20,661

20,975

21,289

21,603

21,918

22,232

22,546

22,860

23,186

-

79

159

238

318

397

477

556

636

715

794

874

953

1,033

1,114

1,227

1,346

1,465

1,585

1,950

2,084

274

314

354

398

-

-

593

Non-qualified deferred compensation plan

2,790

2,775

2,615

2,573

2,482

2,034

2,323

2,216

2,126

2,015

-

-

-

1,778

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right of use assets

2,771

3,034

3,276

3,531

3,785

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

148

147

140

140

137

201

275

191

188

144

2,069

1,994

1,945

153

1,927

1,869

1,840

1,834

2,054

2,203

2,210

2,159

2,071

5,084

2,064

2,013

1,881

1,788

1,764

1,682

1,582

1,870

1,864

1,454

1,757

1,965

1,389

Total assets

194,213

188,758

200,338

194,965

192,663

189,598

193,760

193,342

194,224

138,207

137,091

133,690

131,519

127,934

128,043

124,979

118,964

119,635

120,237

118,262

114,026

112,548

112,138

108,884

105,691

104,908

104,340

101,924

99,067

98,617

87,528

83,863

80,345

79,721

78,845

76,596

69,477

Current liabilities:
Accounts payable

7,535

4,577

6,825

5,895

6,037

6,836

7,970

8,743

5,412

4,180

4,958

4,394

5,907

4,002

5,106

5,463

4,380

4,598

4,732

4,473

4,336

5,398

5,269

4,161

4,648

3,081

3,559

3,979

4,684

4,088

3,644

3,480

3,955

3,344

5,657

5,584

2,837

Accrued expenses

6,350

8,483

8,326

7,504

5,952

8,458

6,569

5,407

5,540

5,466

5,356

4,629

4,084

4,698

5,372

4,769

3,367

5,059

6,442

6,146

4,502

5,222

7,001

6,834

5,717

8,265

5,844

5,826

5,362

7,593

5,631

5,173

4,443

5,540

6,226

6,464

6,679

Deferred revenue

2,432

2,574

2,532

2,951

2,972

2,507

3,918

3,331

3,130

297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

1,140

1,150

821

984

1,152

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

5

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current installments of long-term debt

-

-

2,857

3,571

2,857

2,857

2,857

2,857

2,857

-

84

342

600

856

1,028

1,020

1,016

1,011

1,009

1,002

998

993

989

985

980

976

1,552

1,547

1,543

1,550

580

580

580

580

580

611

654

Total current liabilities

17,462

16,784

21,361

20,905

18,970

20,658

21,314

20,338

16,939

9,943

10,398

9,365

10,591

9,556

11,506

11,252

8,763

10,668

12,183

11,621

9,836

11,613

13,259

11,980

11,345

12,322

10,955

11,354

11,590

13,231

9,856

9,235

8,979

9,465

12,464

12,660

10,171

Long-term debt, excluding current portion

-

-

12,143

13,857

19,286

22,286

31,000

36,714

46,429

-

-

-

-

-

84

345

603

859

1,112

1,368

1,621

1,873

2,123

2,372

2,620

2,867

7,735

8,125

8,514

8,314

5,203

5,348

5,493

5,638

5,783

5,928

6,846

Deferred income taxes

5,342

4,921

-

-

-

4,129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

5,381

4,966

4,553

-

3,256

2,937

2,620

2,440

3,713

3,619

3,537

3,459

3,107

3,107

2,970

2,883

3,899

3,795

3,692

2,446

2,151

2,245

2,341

2,324

1,593

1,592

1,591

1,590

1,519

1,339

1,185

1,292

852

861

880

Non-qualified deferred compensation plan

2,817

2,788

2,643

2,595

2,481

2,044

2,328

2,215

2,148

2,030

1,949

1,876

1,839

1,682

-

-

-

1,482

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Lease, Liability, Noncurrent

1,687

1,940

2,511

2,598

2,679

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

630

334

410

390

195

24

65

52

67

82

118

132

147

184

-

-

-

171

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,858

1,765

1,868

-

-

-

-

1,624

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retirement and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,488

1,553

1,790

-

1,602

1,589

1,525

1,805

2,464

2,425

2,297

2,222

1,576

1,513

1,545

1,340

1,294

1,449

1,352

Total liabilities

27,938

26,767

44,449

45,311

48,164

49,141

57,963

62,256

68,203

14,495

16,178

14,992

16,114

14,881

16,555

16,469

14,204

16,063

18,682

18,337

16,939

17,556

19,135

18,186

17,831

19,318

22,749

23,497

23,992

25,357

18,155

17,436

17,204

17,736

20,394

20,900

19,251

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

Stockholders’ equity:
Preferred stock, $.01 par value, 1,000,000 shares authorized; no shares 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

Common stock, $.01 par value, 20,000,000 shares authorized; 7,512,403 and 7,482,844 shares issued and outstanding, respectively at March 31, 2020;7,475,768 and 7,446,209 shares issued and outstanding, respectively at December 31, 2019

75

74

74

74

74

74

74

73

73

73

73

73

72

72

72

72

72

72

71

71

71

71

71

71

70

69

68

68

67

67

67

67

66

65

65

64

63

Additional paid-in capital

31,344

30,952

30,627

30,033

29,476

29,168

28,918

28,341

27,291

26,664

26,580

26,059

25,397

25,216

25,142

24,833

23,818

23,705

23,365

23,139

22,574

22,132

21,714

21,475

20,498

20,291

19,668

19,392

19,022

19,239

18,554

18,205

17,666

18,185

17,660

17,345

16,924

Retained earnings

135,443

131,552

125,775

120,134

115,536

111,802

107,392

103,259

99,244

97,562

94,847

93,153

90,523

88,352

86,861

84,192

81,457

80,382

78,706

76,715

74,442

72,789

71,218

69,152

67,292

65,230

61,853

58,966

55,984

53,954

50,751

48,154

45,407

43,059

40,054

37,619

32,712

Treasury stock at cost, 29,559 shares at March 31, 2020 and December 31, 2019

587

587

587

587

587

587

587

587

587

587

587

587

587

587

587

587

587

587

587

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

166,275

161,991

155,889

149,654

144,499

140,457

135,797

131,086

126,021

123,712

120,913

118,698

115,405

113,053

111,488

108,510

104,760

103,572

101,555

99,925

97,087

94,992

93,003

90,698

87,860

85,590

81,590

78,427

75,075

73,260

69,372

66,427

63,141

61,310

57,780

55,030

49,700

Non-controlling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

674

670

665

525

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

69,372

66,427

63,141

61,984

58,451

55,695

50,226

Total liabilities and stockholders' equity

194,213

188,758

200,338

194,965

192,663

189,598

193,760

193,342

194,224

138,207

137,091

133,690

131,519

127,934

128,043

124,979

118,964

119,635

120,237

118,262

114,026

112,548

112,138

108,884

105,691

104,908

104,340

101,924

99,067

98,617

87,528

83,863

80,345

79,721

78,845

76,596

69,477