Vse corp (VSEC)
Balance Sheet / Quarterly
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

543

734

1,095

760

829

162

889

624

621

624

472

717

457

428

553

680

587

740

194

444

468

263

328

302

357

220

280

266

1,429

1,501

866

442

368

451

316

648

5,764

Receivables, net

70,793

70,630

69,793

74,012

64,746

60,004

55,512

54,629

56,738

55,760

72,874

80,945

90,947

101,218

86,107

91,018

76,878

78,471

75,762

76,685

79,690

59,391

63,839

62,134

72,936

78,387

71,460

80,772

80,850

90,621

109,763

112,292

112,850

117,568

114,441

153,514

156,938

Unbilled receivables, net

43,928

46,279

54,151

46,000

44,450

41,255

35,771

37,955

33,970

42,577

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories, net

210,030

218,627

202,811

197,213

181,069

166,392

166,486

164,390

148,933

132,591

135,525

135,812

141,122

136,340

128,935

117,373

113,633

109,123

113,728

113,699

106,205

49,363

46,987

44,108

40,425

39,315

40,263

41,291

40,647

41,555

43,369

43,119

42,454

41,990

40,477

38,605

0

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,897

4,577

4,489

1,834

1,660

1,101

460

863

1,145

1,386

1,219

767

287

5

385

1,355

1,877

1,037

1,602

Other current assets

17,332

19,071

12,652

15,232

18,456

13,407

13,933

13,551

14,580

16,988

24,376

10,932

15,747

20,477

14,886

13,648

13,184

9,138

10,635

12,557

15,106

11,517

12,239

10,515

12,276

10,641

12,908

10,211

9,842

8,641

15,258

14,409

17,233

17,083

17,644

12,755

9,552

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,890

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,112

2,112

2,792

-

-

-

-

0

-

-

-

Total current assets

342,626

355,341

340,502

333,178

309,550

281,220

272,591

271,149

254,842

248,540

233,247

228,406

248,273

258,463

230,481

222,719

204,282

197,472

205,216

207,962

205,958

122,368

125,053

118,160

126,454

129,426

128,168

136,038

136,779

145,975

169,543

170,267

173,290

178,447

174,755

206,559

173,856

Property and equipment, net

37,276

43,465

43,792

44,216

40,167

49,606

51,192

52,670

53,988

55,146

56,857

58,202

60,026

62,061

63,161

63,877

63,796

64,308

65,237

64,988

65,440

52,911

54,347

55,470

56,542

57,738

58,811

60,090

61,733

62,468

62,256

64,302

64,107

57,113

46,435

45,259

42,315

Intangible assets, net

119,166

132,175

142,907

147,921

152,901

94,892

98,896

102,901

106,905

110,909

114,913

118,917

122,922

126,926

130,930

135,002

139,023

143,043

153,640

157,668

161,769

72,209

74,634

77,175

79,716

82,257

84,798

87,338

89,880

92,421

96,661

100,933

103,734

106,536

109,337

112,139

25,003

Goodwill

269,071

276,450

259,212

259,212

259,212

198,622

198,622

198,622

198,622

198,622

198,622

198,622

198,622

198,622

198,622

198,545

198,545

198,545

184,384

184,384

193,772

92,052

92,052

92,052

92,052

92,052

92,052

92,052

92,052

92,052

96,443

98,879

98,879

98,879

93,099

101,023

36,282

Operating lease - right-of-use assets

21,334

20,943

24,375

25,256

26,371

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

2,994

2,634

2,545

1,884

1,868

1,597

2,099

307

0

0

231

666

1,323

838

Other assets

21,936

17,490

16,845

16,992

15,844

14,488

15,766

15,401

15,266

15,796

15,405

15,699

15,638

15,767

16,158

15,243

15,274

13,986

16,212

17,028

16,531

15,790

16,959

17,320

17,100

16,511

16,754

16,393

16,584

15,196

15,225

14,999

15,776

13,306

14,746

17,050

10,132

Total assets

811,409

845,864

827,633

826,775

804,045

638,828

637,067

640,743

629,623

629,013

619,044

619,846

645,481

661,839

639,352

635,386

620,920

617,354

624,689

632,030

643,470

355,330

363,045

363,171

374,498

380,529

382,467

393,779

398,625

410,211

440,435

449,380

455,786

454,512

439,038

483,353

288,426

Liabilities and Stockholders' equity
Current liabilities:
Long-term Debt, Current Maturities

17,820

16,883

10,716

10,091

9,466

9,466

9,466

9,468

9,450

6,960

25,710

23,835

21,960

21,023

20,085

19,148

18,210

17,272

16,620

15,682

14,750

24,837

31,087

27,962

24,837

24,837

24,837

24,837

24,837

23,274

21,712

20,149

18,587

18,587

18,750

18,750

6,667

Accounts payable

67,709

68,099

71,668

74,310

59,106

57,408

48,219

57,648

75,603

66,015

48,560

51,932

71,206

93,999

58,768

53,563

51,445

40,084

36,677

36,167

36,900

29,424

33,328

25,460

32,949

31,757

25,581

26,025

27,409

30,063

44,653

38,044

38,729

50,353

51,205

67,028

75,724

Business Combination, Contingent Consideration, Liability, Current

5,300

31,700

10,700

10,700

10,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current Portion Of Earn Out Obligation Fair Value Disclosure

-

-

-

-

-

0

-

-

-

-

-

-

-

-

0

10,500

8,015

9,678

9,038

23,807

14,565

9,455

9,154

1,486

588

0

-

-

-

-

1,127

7,281

-

4,153

-

-

-

Current portion of earn-out obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,660

-

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

32,772

-

-

27,159

29,067

26,101

24,688

31,123

23,245

21,713

22,816

21,895

24,661

20,822

22,918

23,053

26,688

31,745

29,987

29,402

33,864

35,916

29,965

36,584

Accrued expenses and other current liabilities

38,345

46,514

45,314

39,428

39,919

37,133

36,282

32,619

29,162

40,243

47,852

31,638

27,835

-

37,521

31,256

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

993

987

987

987

876

871

870

870

762

759

0

759

650

648

0

648

594

591

0

591

539

536

0

536

482

480

0

480

427

423

423

423

370

367

367

367

312

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

551

-

-

-

-

-

-

-

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

385

380

511

-

-

-

-

0

-

-

-

Total current liabilities

130,167

164,183

139,385

135,516

120,067

104,878

94,837

100,605

114,977

113,977

122,122

108,164

121,651

148,442

116,374

115,115

105,423

96,692

88,436

100,935

97,877

87,497

95,282

78,260

80,751

81,735

71,625

74,640

76,237

80,999

99,660

95,884

95,748

107,324

106,238

116,110

119,287

Long-term debt, less current portion

255,880

253,128

257,815

268,985

265,681

151,133

165,393

171,857

152,938

165,614

155,083

175,609

194,068

193,621

211,371

212,909

201,675

215,243

228,214

226,384

228,800

23,563

25,889

39,108

52,682

64,487

79,638

93,446

102,092

116,377

126,511

138,525

151,970

144,759

145,689

173,406

11,111

Deferred compensation

17,985

18,146

17,417

17,201

20,909

17,027

18,649

18,028

17,918

16,323

15,749

15,307

14,894

12,751

12,595

13,210

13,070

11,169

10,905

13,787

12,529

12,563

12,312

12,550

12,605

11,454

12,109

12,083

12,177

10,684

10,517

10,078

10,515

8,215

8,260

8,930

6,034

Long-term lease obligations, less current portion

-

-

0

0

0

18,913

19,344

19,765

20,175

20,581

20,917

21,292

21,652

21,959

22,321

22,632

22,914

23,251

23,635

23,988

24,296

24,584

24,863

25,139

25,399

25,721

26,820

26,935

27,190

27,435

33,289

34,238

34,136

33,938

23,875

22,584

20,258

Long-term lease obligations under operating leases

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earn Out Obligations Fair Value Disclosure

-

-

-

-

-

0

-

-

-

-

-

-

-

-

0

0

10,445

10,166

12,576

12,281

30,200

0

0

8,363

8,648

9,062

8,987

8,941

9,375

9,098

7,779

12,574

-

16,415

-

-

-

Long-term lease obligations under operating leases

25,014

24,441

25,124

25,716

26,845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Contingent Consideration, Liability, Noncurrent

0

5,000

14,300

14,300

14,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

15,962

17,865

17,732

18,720

18,712

18,482

18,337

19,172

20,302

19,423

-

-

-

29,872

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

27,981

28,941

29,707

-

27,751

30,005

31,099

31,524

38,767

38,525

38,648

1,634

928

-

-

0

-

-

-

-

-

1,069

1,010

-

-

-

-

Earn-out obligations, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,356

-

17,236

29,634

7,807

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,499

1,386

1,273

1,267

1,047

934

1,283

1,283

605

490

376

261

158

31

153

Total liabilities

445,008

482,763

471,773

480,438

466,514

310,433

316,560

329,427

326,310

335,918

341,852

349,313

381,972

406,645

390,412

393,871

384,626

388,045

402,533

415,900

432,350

149,841

160,773

164,806

181,358

193,726

200,226

216,979

228,354

245,876

278,361

292,858

305,111

310,912

301,456

350,695

164,650

Commitments and contingencies (Note 7)

-

-

-

-

-

-

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:
Common stock, par value $0.05 per share, authorized 15,000,000 shares; issued and outstanding 11,029,169 and 10,970,123, respectively

551

549

549

549

547

544

544

544

544

542

542

542

542

540

540

270

270

538

269

269

269

268

268

268

268

267

267

267

267

265

264

264

264

262

262

262

260

Additional paid-in capital

31,244

29,411

29,411

29,411

28,788

26,632

26,490

26,490

26,490

24,470

24,455

24,455

24,455

22,876

22,866

23,136

23,136

21,368

21,597

21,597

21,597

20,348

20,223

20,199

20,199

19,139

19,139

19,139

19,139

18,193

18,040

18,040

18,040

17,069

16,871

16,871

15,692

Retained earnings

336,584

334,246

327,191

317,652

308,742

301,073

292,930

283,767

275,887

267,902

252,061

245,422

238,374

231,733

225,844

218,756

213,436

207,478

200,916

194,442

189,555

184,873

181,781

177,898

172,769

167,598

163,152

157,827

151,444

146,614

144,671

139,130

133,258

126,961

121,279

115,525

107,824

Accumulated other comprehensive loss

-1,978

-1,105

-1,291

-1,275

-546

146

543

515

392

181

134

114

138

45

-310

-647

-548

-75

-626

-178

-301

0

0

0

-96

-201

-317

-433

-579

-737

-901

-912

-887

-692

-830

-

0

Stockholders' Equity Attributable to Parent

366,401

363,101

355,860

346,337

337,531

328,395

320,507

311,316

303,313

293,095

277,192

270,533

263,509

255,194

248,940

241,515

236,294

229,309

222,156

216,130

211,120

205,489

202,272

198,365

193,140

186,803

182,241

176,800

170,271

164,335

162,074

156,522

150,675

143,600

137,582

132,658

123,776

Total liabilities and stockholders' equity

811,409

845,864

827,633

826,775

804,045

638,828

637,067

640,743

629,623

629,013

619,044

619,846

645,481

661,839

639,352

635,386

620,920

617,354

624,689

632,030

643,470

355,330

363,045

363,171

374,498

380,529

382,467

393,779

398,625

410,211

440,435

449,380

455,786

454,512

439,038

483,353

288,426