Universal stainless & alloy products inc (USAP)
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
ASSETS
Current assets:
Cash

233

170

1,204

228

237

3,696

33

263

228

207

279

97

214

75

377

68

911

112

406

420

223

142

705

165

93

307

80

733

115

321

250

180

378

274

295

28,034

34,400

Accounts receivable (less allowance for doubtful accounts of $295)

36,614

35,595

36,422

41,017

34,621

32,618

44,185

35,812

33,593

24,990

26,538

29,030

25,960

19,437

21,517

20,033

21,921

17,683

23,179

30,180

33,498

29,057

33,526

31,924

28,062

21,447

29,493

24,290

29,254

24,781

33,716

40,847

45,293

34,554

39,535

32,966

29,273

Inventory, net

146,779

147,402

140,672

140,103

147,128

134,738

122,839

125,615

119,961

116,663

106,529

100,140

95,348

91,342

85,677

84,749

82,342

83,373

88,341

99,021

98,437

101,070

93,871

96,250

91,178

82,593

82,670

95,148

98,007

95,749

101,580

103,086

93,673

85,088

79,273

83,118

69,710

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,213

7,227

9,683

-

6,843

8,440

12,361

13,042

7,397

9,562

12,919

22,739

19,622

21,845

26,226

28,438

10,987

-

4,202

Refundable income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,565

2,264

1,565

-

1,597

5,090

595

4,844

10,487

-

137

Other current assets

8,877

8,300

5,756

5,351

5,646

3,756

3,068

4,165

4,047

4,404

4,160

4,237

3,709

2,729

2,220

2,585

3,028

2,584

2,825

3,719

3,692

2,681

3,098

3,863

4,566

3,906

1,466

3,562

3,344

3,272

2,368

2,349

2,148

2,198

1,686

7,571

1,198

Total current assets

192,503

191,467

184,054

186,699

187,632

174,808

170,125

165,855

157,829

146,264

137,506

133,504

125,231

113,583

109,791

107,435

108,202

103,752

119,964

140,567

145,533

132,950

138,043

140,642

136,260

121,295

122,671

135,559

145,204

146,862

159,133

173,397

168,313

155,396

142,263

151,689

138,920

Property, plant and equipment, net

173,994

176,061

175,962

175,938

176,768

177,844

174,446

173,227

173,870

174,444

175,405

177,408

179,754

182,398

185,416

188,246

191,057

193,505

196,474

197,923

198,988

199,795

198,487

199,635

201,340

203,590

205,704

205,856

206,002

206,150

205,005

197,398

190,013

183,148

168,854

73,275

71,581

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,268

20,479

20,479

20,479

20,479

-

-

Long-term refundable income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,305

-

-

-

-

-

Other long-term assets

758

871

1,002

1,406

1,230

668

6,681

6,656

8,854

523

64

64

64

64

64

84

84

45

912

1,409

1,635

1,861

2,087

2,314

2,541

2,771

2,293

2,575

2,749

2,418

2,563

2,709

2,857

2,649

4,354

1,457

100

Total assets

367,255

368,399

361,018

364,043

365,630

353,320

351,252

345,738

340,553

321,231

312,975

310,976

305,049

296,045

295,271

295,765

299,343

297,302

317,350

360,167

366,424

354,874

358,885

362,859

360,409

347,924

350,936

364,258

374,223

375,698

386,969

395,288

381,662

361,672

335,950

226,421

210,601

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

29,907

40,912

32,154

33,293

41,798

44,379

30,129

35,885

28,371

34,898

31,592

29,129

29,118

19,906

18,581

18,539

17,288

11,850

13,638

19,178

23,237

25,009

20,829

26,785

26,737

14,288

12,045

14,071

20,618

10,610

18,473

28,952

32,838

29,912

20,838

23,014

20,022

Accrued employment costs

3,762

4,449

3,830

4,712

3,549

7,939

6,595

5,891

3,501

4,075

2,881

3,253

2,432

3,803

3,227

3,442

2,251

3,256

3,774

3,229

3,709

6,011

5,707

4,252

4,195

3,430

3,293

3,892

3,696

4,671

5,946

4,972

5,397

7,547

7,296

4,870

5,488

Current portion of long-term debt

17,203

3,934

3,929

3,924

3,916

3,907

3,896

6,742

6,718

4,707

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt

-

-

-

-

-

-

-

-

-

-

4,684

4,675

4,654

4,579

4,571

4,564

4,556

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

3,000

2,250

1,500

750

0

-

3,000

1,500

2,694

2,833

Accrued income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

616

-

Other current liabilities

799

830

912

927

996

2,929

1,171

1,233

1,177

1,268

1,162

1,051

1,151

898

1,150

934

914

640

1,001

593

993

861

1,048

902

1,054

1,023

4,077

1,218

1,303

735

1,223

1,788

3,721

966

1,178

990

481

Total current liabilities

51,671

50,125

40,825

42,856

50,259

59,154

41,791

49,751

39,767

44,948

40,319

38,108

37,355

29,186

27,529

27,479

25,009

18,746

21,413

26,000

30,939

34,881

30,584

34,939

34,986

21,741

22,415

22,181

27,867

17,516

26,392

35,712

41,956

41,425

30,812

32,184

28,824

Long-term debt, net

59,075

60,411

62,155

64,237

61,527

42,839

58,563

50,386

93,187

75,006

72,402

73,013

69,845

67,998

-

-

-

72,884

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,973

67,036

72,125

-

79,600

89,711

88,821

83,875

88,091

88,805

85,057

86,796

91,600

100,440

102,498

105,242

112,691

114,731

103,850

91,650

94,100

6,713

7,990

Deferred income taxes

10,472

10,962

12,097

12,112

11,697

11,481

11,964

11,520

10,361

9,605

17,065

16,757

16,495

17,629

17,980

18,301

18,738

20,666

28,053

39,650

42,108

32,425

38,643

39,277

42,584

42,532

37,148

41,224

44,765

55,227

51,711

52,038

48,731

48,291

35,648

16,387

13,877

Other long-term liabilities, net

3,681

3,765

3,283

3,326

3,380

2,835

2,840

2,841

3,015

4

12

12

12

12

30

30

29

29

56

58

65

63

312

526

668

397

397

-

-

-

-

-

-

-

-

246

287

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172

172

-

-

-

-

-

Total liabilities

124,899

125,263

118,360

122,531

126,863

116,309

115,158

114,498

146,330

129,563

129,798

127,890

123,707

114,825

112,512

112,846

115,901

112,325

129,122

155,419

161,933

151,244

157,630

163,547

163,295

151,466

151,560

163,845

175,130

177,985

190,966

202,653

194,537

181,366

160,560

55,530

50,978

Commitments and contingencies (Note 14)

-

-

-

-

-

-

-

-

-

-

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:
Senior preferred stock, par value $0.001 per share; 1,980,000 shares authorized; 0 shares issued and outstanding

-

-

-

-

-

-

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, par value $0.001 per share; 20,000,000 shares authorized; 9,097,395 and 9,093,715 shares issued, respectively

9

9

9

9

9

9

9

9

8

8

8

8

8

8

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

7

Additional paid-in capital

95,493

94,982

94,548

94,227

93,701

93,100

92,747

91,814

59,001

58,514

57,866

57,470

56,932

56,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56,373

56,013

55,734

54,829

54,684

54,159

53,546

52,810

52,140

51,592

50,843

49,688

49,638

48,964

48,084

46,744

46,115

45,492

44,487

43,720

43,060

42,610

41,341

Accumulated other comprehensive income (loss)

89

-31

125

67

-87

1

20

15

-151

-93

-78

-32

-10

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-156

-182

Retained earnings

149,076

150,487

150,287

149,520

147,434

146,191

145,608

141,692

137,655

135,529

127,671

127,930

126,702

127,084

128,669

129,189

129,991

132,431

135,827

152,872

153,228

153,103

151,398

150,003

148,554

149,053

151,922

153,633

153,155

153,115

152,034

149,289

144,784

138,498

134,242

130,349

120,376

Treasury stock, at cost; 294,279 common shares held

2,311

2,311

2,311

2,311

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,290

2,191

2,191

2,153

2,153

2,153

2,153

2,153

1,919

1,919

1,919

1,919

Total stockholders’ equity

242,356

243,136

242,658

241,512

238,767

237,011

236,094

231,240

194,223

191,668

183,177

183,086

181,342

181,220

182,759

182,919

183,442

184,977

188,228

204,748

204,491

203,630

201,255

199,312

197,114

196,458

199,376

200,413

199,093

197,713

196,003

192,635

187,125

180,306

175,390

170,891

159,623

Total liabilities and stockholders’ equity

367,255

368,399

361,018

364,043

365,630

353,320

351,252

345,738

340,553

321,231

312,975

310,976

305,049

296,045

295,271

295,765

299,343

297,302

317,350

360,167

366,424

354,874

358,885

362,859

360,409

347,924

350,936

364,258

374,223

375,698

386,969

395,288

381,662

361,672

335,950

226,421

210,601