VOXX International Corporation VOXX Balance Sheet

Voxx international corporation (VOXX)

Balance Sheet / Yearly

Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	Feb'11
Assets
Current assets:
Cash and cash equivalents
32,156	39,294	60,004	58,236	48,718	44,191	49,827	51,740	37,514	45,821	8,060	956	5,672	4,851	8,558	11,767	12,435	8,450	7,055	8,448	11,056	9,401	10,926	10,603	16,328	13,386	16,255	19,777	18,193	17,710	21,277	13,606	18,836	14,339	98,630
Accounts receivable, net
93,356	68,371	61,585	73,391	84,639	70,600	65,608	81,116	93,106	70,956	89,888	79,971	110,408	81,092	78,894	87,055	101,949	80,853	89,388	102,766	140,952	110,740	121,971	147,054	181,461	124,949	132,085	152,596	184,621	136,659	139,174	142,585	163,476	117,703	108,048
Inventory, net
111,089	114,568	103,275	102,379	118,816	124,415	118,344	117,992	125,389	142,053	165,409	122,352	158,636	160,833	150,638	144,028	153,663	162,933	154,903	156,649	153,325	153,797	143,173	144,339	160,853	174,499	152,309	159,099	170,252	170,562	152,781	129,514	147,785	151,137	113,620
Receivables from vendors
218	366	547	1,009	-	-	-	493	-	-	-	634	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nontrade Receivables
-	-	-	-	463	353	1,717	-	568	617	831	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables from vendors
-	-	-	-	-	-	-	-	-	-	-	-	2,914	1,800	1,894	2,519	3,190	3,855	4,906	3,622	3,471	3,573	3,484	2,443	6,407	4,466	6,977	9,943	1,573	1,936	3,840	4,011	4,222	6,746	8,382
Investment securities, current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	275	968	966	7,654	0	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
10,623	9,605	9,572	10,449	28,598	30,041	17,228	14,007	16,390	23,543	29,181	12,332	19,681	17,993	16,437	17,256	18,248	21,370	24,857	26,370	19,747	20,697	16,357	15,897	12,718	10,434	9,484	12,017	12,162	11,473	12,524	13,549	8,967	8,722	9,382
Income tax receivable
578	1,239	1,041	921	499	650	646	511	1,468	1,644	1,682	1,596	1,365	4,501	1,605	1,426	1,655	2,169	1,726	1,862	4,388	5,993	4,276	2,463	439	438	732	448	0	0	0	698	-	-	0
Disposal Group, Including Discontinued Operation, Assets, Current
-	-	-	-	-	-	-	-	0	0	-	55,507	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,646	1,669	1,699	1,723	2,527	2,738	2,862	3,058	4,472	3,515	3,259	3,362	5,192	5,293	5,033	3,149	2,338	4,330	2,768
Total current assets
248,020	233,443	236,024	246,385	281,733	270,250	253,370	265,859	274,435	284,634	295,051	273,348	298,676	271,070	258,026	264,051	292,786	281,299	284,534	301,715	336,434	307,905	310,703	325,857	382,678	331,687	321,101	357,242	391,993	343,633	334,629	307,112	345,624	302,977	340,830
Investment securities
2,554	2,518	-	2,858	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities
-	-	2,994	-	3,243	3,649	3,373	4,167	9,040	8,763	9,748	10,388	10,417	10,314	10,054	10,206	10,541	13,299	11,973	12,413	12,477	12,547	12,413	14,102	14,160	13,717	13,619	-	13,566	13,392	-	-	-	-	-
Investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,570	-	-	13,004	13,102	13,027	13,086	13,500
Equity investment
21,389	21,688	21,853	21,885	22,108	22,049	22,227	21,857	22,416	21,340	21,216	21,926	22,343	21,958	22,221	21,949	22,340	21,871	22,031	21,648	21,347	21,392	21,385	20,628	20,089	19,317	18,700	17,518	16,958	16,382	15,860	14,893	14,730	13,939	12,764
Property, plant and equipment, net
51,350	59,864	59,695	60,493	61,200	59,467	63,835	65,259	65,959	66,197	85,182	65,589	79,664	80,054	79,932	79,422	78,458	76,344	71,865	69,783	81,500	82,317	83,244	83,222	79,754	77,721	76,657	76,208	65,871	62,526	60,841	31,779	23,199	24,017	19,563
Operating lease, right of use asset
2,773	2,301	2,187	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
54,785	54,785	54,785	54,785	54,785	54,785	54,785	54,785	54,639	53,916	105,799	53,905	103,265	105,591	105,729	104,349	102,967	105,898	104,898	105,874	111,946	115,052	117,464	117,938	149,075	147,377	146,333	146,680	158,340	158,340	158,230	86,069	87,366	88,373	7,373
Intangible assets, net
114,006	115,769	117,588	119,449	135,041	136,839	148,275	150,320	151,703	153,403	175,732	154,939	178,300	181,858	184,020	185,022	189,069	149,282	156,381	158,455	165,767	169,533	172,654	174,312	201,495	201,673	202,400	205,398	193,614	194,962	196,431	175,349	177,327	176,847	99,189
Deferred income tax assets
78	78	78	79	24	24	24	24	23	23	23	23	23	23	23	23	673	675	717	717	750	776	775	760	901	903	921	924	806	801	756	796	11	12	6,244
Other assets
1,695	1,937	2,816	2,877	2,590	3,165	15,050	13,373	8,483	6,541	1,624	1,699	1,818	2,106	2,197	2,168	6,118	11,291	6,526	6,908	8,435	9,104	9,808	10,331	11,478	14,062	13,979	11,732	9,154	8,797	8,457	3,782	3,718	4,114	1,634
Disposal Group, Including Discontinued Operation, Assets, Noncurrent
-	-	-	-	-	-	-	-	-	-	-	86,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent
-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
496,650	492,383	498,020	508,811	560,724	550,228	560,939	575,644	586,698	594,817	694,375	668,486	694,506	672,974	662,202	667,190	702,952	659,959	658,925	677,513	738,656	718,626	728,446	747,150	859,630	806,457	793,710	829,272	850,302	798,833	788,208	632,882	665,002	623,365	501,097
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable
34,445	33,844	32,349	31,143	37,097	38,657	34,357	34,700	36,203	44,146	71,669	46,244	71,778	71,268	57,848	55,790	71,739	57,045	60,165	71,403	73,971	64,656	64,827	55,373	76,347	71,125	59,837	56,894	67,359	67,286	59,448	42,026	58,799	54,008	27,341
Accrued expenses and other current liabilities
37,158	36,352	34,395	39,129	33,776	30,318	32,660	36,350	36,638	49,227	54,924	32,110	44,785	38,453	43,446	50,748	51,690	46,885	45,552	51,744	58,461	48,602	52,840	64,403	61,503	53,383	47,211	51,523	57,963	52,791	63,750	52,679	54,004	43,750	36,500
Income taxes payable
2,072	1,099	227	1,349	1,371	1,718	317	2,587	3,117	2,320	1,369	703	39	1,742	1,807	4,081	4,006	3,558	3,054	3,067	6,856	2,974	3,125	3,634	8,543	4,753	3,624	5,103	3,014	1,989	5,139	5,864	4,990	2,435	1,610
Accrued sales incentives
16,667	10,948	11,069	13,574	16,606	12,628	10,854	14,020	18,123	13,033	12,078	13,154	17,243	12,864	12,630	12,439	16,330	14,011	-	14,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Sales Incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,341	-	18,415	16,172	14,642	17,401	21,373	15,740	17,952	16,821	21,907	18,967	18,075	18,154	21,226	17,876	11,981
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	806	1,060	77	10	10	9	1,169	171	177	178	378	325	301	515	388	417	399
Current portion of long-term debt
1,165	6,665	8,554	10,021	-	-	-	7,730	-	-	-	9,215	-	-	-	8,826	-	-	-	6,032	-	-	-	5,960	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	560	487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
-	-	-	-	10,417	8,153	8,010	-	7,675	6,770	10,420	-	11,820	10,840	10,989	-	85,179	11,549	10,457	-	2,068	8,501	6,530	-	19,047	18,135	18,413	26,020	25,633	25,719	18,201	3,592	4,293	3,498	4,471
Disposal Group, Including Discontinued Operation, Liabilities, Current
-	-	-	-	-	-	-	-	0	0	-	28,641	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
91,507	88,908	86,594	95,216	99,267	91,474	86,198	95,387	101,756	115,496	150,460	130,067	145,665	135,167	126,720	131,884	229,504	133,535	133,375	147,403	159,848	140,915	141,974	146,780	187,982	163,307	147,214	156,539	176,254	167,077	164,914	122,830	143,700	121,984	82,302
Long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90,691	17,298	84,836	78,065	79,455	95,146	87,786	84,218	103,222	115,963	108,691	121,755	148,996	167,987	148,458	145,505	34,860	67,659	55,349	2,077
Long-term debt, net of debt issuance costs
6,019	5,958	5,859	5,776	5,754	7,974	8,153	8,476	8,583	8,842	102,296	97,747	105,267	92,936	91,923	88,169	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease liabilities, less current portion
855	974	404	516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities, less current portion
2,127	1,762	1,689	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligation
-	-	-	-	628	742	852	699	774	849	2,792	926	704	1,178	1,301	1,381	1,454	1,658	1,739	733	5,612	5,794	5,971	6,114	5,876	5,943	5,668	5,764	5,849	5,913	5,984	5,196	5,235	5,273	5,348
Deferred compensation
2,554	2,517	2,931	2,605	2,529	2,986	2,769	3,369	3,854	-	-	3,844	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax liabilities
4,921	4,015	4,148	5,284	14,853	18,380	11,579	12,217	28,611	28,757	27,773	27,627	30,107	28,819	28,839	30,374	35,339	31,359	34,260	34,327	33,534	33,402	34,991	34,963	44,382	44,132	43,378	43,944	41,858	39,120	39,237	34,220	30,931	30,804	4,919
Deferred compensation
-	-	-	-	-	-	-	-	-	3,624	3,868	-	4,276	4,237	4,034	4,011	4,404	4,254	4,373	4,650	4,615	5,774	5,684	5,807	5,630	5,249	5,189	4,914	4,687	3,818	3,593	3,196	3,224	3,250	3,554
Other tax liabilities
1,125	1,128	1,337	1,332	1,377	1,887	2,163	2,191	1,798	3,328	3,244	3,194	5,043	5,142	5,092	4,997	5,013	5,143	5,207	5,157	4,625	10,854	10,781	11,060	8,661	9,478	9,437	9,631	4,739	2,944	2,921	2,943	1,788	1,788	1,788
Other long-term liabilities
2,401	2,481	3,074	2,981	3,014	3,018	3,085	3,187	3,185	3,389	10,946	2,125	9,988	10,586	10,441	10,480	10,827	9,886	9,425	9,648	8,670	12,988	14,470	9,620	14,882	14,353	14,475	14,948	13,732	11,438	11,741	7,840	4,459	4,509	8,163
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent
-	-	-	-	-	-	-	-	0	0	-	11,641	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
111,509	107,743	106,036	113,710	127,422	126,461	114,799	125,526	148,561	164,285	301,379	277,171	301,050	278,065	268,350	271,296	303,839	270,671	266,444	281,373	312,050	297,513	298,089	317,566	383,376	351,153	347,116	384,736	415,106	378,768	373,895	211,085	256,996	222,957	108,151
Commitments and contingencies (see Note 24)
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
Redeemable equity (see Note 7)
2,124	1,770	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' equity:
Preferred stock:
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	277	-	276	274	271	254	249	249	252	250	-	-	248
Paid-in capital
298,760	298,289	297,105	296,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Paid-in capital
-	-	-	-	296,788	296,629	296,502	296,395	296,291	295,847	295,734	295,432	295,087	294,721	294,373	294,038	293,390	293,361	292,895	292,427	291,283	291,110	291,035	290,960	289,604	287,974	285,873	283,971	286,092	285,547	282,753	281,213	278,625	278,272	277,896
Retained earnings
143,934	141,470	147,434	148,582	185,142	172,931	193,734	194,673	182,089	173,445	156,338	159,369	159,459	153,659	150,639	154,947	160,298	152,521	156,915	157,629	172,000	156,378	159,060	158,571	207,597	192,173	187,310	185,168	174,898	161,696	157,976	162,676	151,810	142,953	137,027
Accumulated other comprehensive loss
-18,511	-18,231	-17,848	-16,944	-16,932	-15,739	-15,740	-14,222	-15,427	-15,478	-37,715	-43,898	-43,605	-37,773	-37,075	-40,717	-43,779	-35,914	-36,648	-33,235	-15,996	-8,301	-1,664	-1,873	-2,872	-6,757	-8,500	-6,497	-7,683	-9,058	-8,299	-3,973	-4,301	-2,689	-3,849
Stockholders equity including treasury stock and redeemable equity
424,449	421,794	-	428,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Treasury stock, at cost, 2,594,859 and 2,168,094 shares of Class A Common Stock at November 30, 2019 and February 28, 2019, respectively
23,216	22,159	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,176	21,185	20,958	20,958	20,958	20,958	18,351	18,351	18,351	18,351	18,360	18,360	18,360	18,360	18,369	-18,369	18,369	-18,376	-18,376	18,376
Less: Redeemable equity
2,124	1,770	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total VOXX International Corporation stockholders' equity
399,109	397,865	405,779	407,672	444,086	432,909	453,584	455,948	442,055	432,916	393,459	390,005	393,456	394,909	393,852	-	399,113	389,288	392,481	-	426,606	421,113	430,357	429,584	476,254	455,304	446,594	444,536	435,196	420,065	414,313	421,797	408,006	400,408	392,946
Non-controlling interest
-16,092	-14,995	-13,795	-12,571	-10,784	-9,142	-7,444	-5,830	-3,918	-2,384	-463	1,310	3,413	5,200	6,813	8,524	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' equity
383,017	382,870	391,984	395,101	433,302	423,767	446,140	450,118	438,137	430,532	392,996	391,315	-	-	-	395,894	-	-	-	396,140	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities, redeemable equity, and stockholders' equity
496,650	492,383	498,020	508,811	560,724	550,228	560,939	575,644	586,698	594,817	694,375	668,486	694,506	672,974	662,202	667,190	702,952	659,959	658,925	677,513	738,656	718,626	728,446	747,150	859,630	806,457	793,710	829,272	850,302	798,833	788,208	632,882	665,002	623,365	501,097
Preferred Stock, Par or Stated Value Per Share
-	-	-	-	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-	0.01	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Authorized
-	-	-	-	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	1,500	-	1,500	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares issued
-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares outstanding
-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-
Treasury stock, shares
-	-	-	-	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,168	2,129	2,129	2,129	2,129	1,815	-	1,815	-	-	-	-	-	-	-	-	-	-	-
Common Class A [Member]
Common stock
244	244	242	242	242	-	-	256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Par or Stated Value Per Share
-	-	-	-	0.01	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
-	-	-	-	60,000	-	-	60,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common stock, shares issued
-	-	-	-	24,106	-	-	24,106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Outstanding
-	-	-	-	21,938	-	-	21,938	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Class B [Member]
Common stock
22	22	22	22	22	-	-	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Par or Stated Value Per Share
-	-	-	-	0.01	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
-	-	-	-	10,000	-	-	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Common stock, shares issued
-	-	-	-	2,260	-	-	2,260	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Outstanding
-	-	-	-	2,260	-	-	2,260	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-