Willdan group, inc. (WLDN)
Balance Sheet / TTM
Apr'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

12,304

5,452

-

27,602

11,061

15,259

16,681

11,225

5,353

14,424

14,424

5,603

26,323

19,440

22,668

18,587

10,468

4,839

16,487

15,997

15,099

12,079

18,173

-

-

8,134

-

8,475

10,406

-

9,230

5,502

5,008

3,001

8,275

7,174

6,642

Cash and cash equivalents, including restricted cash of $0 and $5,000,000 at June 30, 2014 and December 27, 2013, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,105

12,656

-

10,354

-

-

10,006

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $1,455 and $1,147 at April 3, 2020 and December 27, 2019, respectively

61,589

57,504

51,960

46,828

44,959

61,346

19,725

22,896

20,598

29,881

38,441

36,084

28,141

31,240

30,285

26,549

29,603

34,250

17,929

15,124

19,392

17,060

13,189

12,221

10,791

13,167

10,393

11,040

12,074

15,484

14,079

21,848

14,550

16,782

14,755

11,272

14,484

Contract assets

61,753

101,418

86,676

60,433

58,050

51,851

43,752

42,410

42,296

34,060

24,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

27,188

29,738

29,179

18,988

22,887

25,443

17,162

13,840

18,305

16,929

15,530

12,170

13,023

10,728

9,635

9,565

10,241

11,139

9,860

11,154

10,606

23,964

20,672

16,418

15,683

11,343

Other receivables

5,099

4,845

4,934

3,649

2,589

1,893

315

777

1,985

1,833

1,833

1,778

1,550

228

699

2,699

997

1,080

177

145

323

212

208

449

350

212

62

68

101

95

128

86

77

175

242

173

176

Prepaid expenses and other current assets

5,589

6,254

4,817

5,143

4,929

5,745

3,549

3,242

3,265

3,760

3,760

2,831

3,146

3,160

2,601

2,417

2,300

2,318

2,082

1,702

1,475

2,331

2,244

1,239

1,900

2,377

1,570

1,222

1,256

1,782

1,072

1,493

1,695

1,724

1,005

1,420

1,714

Total current assets

146,334

175,473

148,387

143,655

121,588

136,094

84,022

80,550

73,497

83,190

83,190

73,484

88,898

83,247

75,241

73,139

68,811

59,649

50,515

51,273

53,218

47,212

45,984

39,037

36,425

33,525

31,944

31,046

34,976

37,227

35,663

39,535

45,294

42,354

40,695

35,722

34,359

Equipment and leasehold improvements, net

13,137

12,051

11,690

10,556

9,573

7,998

5,042

5,142

5,189

5,306

5,306

5,360

5,293

4,755

4,511

4,424

4,239

3,816

3,684

2,875

2,690

1,684

1,384

889

666

691

774

762

887

979

1,014

1,049

1,119

1,217

1,245

1,362

1,496

Goodwill

130,003

127,647

103,090

110,204

110,509

97,748

40,187

40,342

37,714

38,184

38,184

40,056

21,947

21,947

21,947

22,264

25,288

25,088

16,097

16,856

16,856

15,363

-

-

-

-

-

-

-

-

-

-

15,208

15,208

15,208

15,208

12,475

Right-of-use assets

22,612

22,297

12,767

12,036

12,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangible assets, net

73,580

76,837

68,808

48,087

50,227

44,364

10,454

11,201

10,658

10,666

10,666

11,145

4,846

5,393

5,941

6,489

3,660

4,301

1,545

1,649

1,819

2,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

12

20

30

39

49

59

68

95

Other assets

15,689

16,296

9,771

4,366

3,651

2,386

904

920

924

826

826

807

678

682

707

482

426

528

504

460

458

907

535

646

648

333

314

298

300

307

353

349

450

383

395

386

407

Deferred income taxes, net

11,448

9,312

8,099

12,488

12,252

12,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,888

4,187

4,333

1,427

3,688

3,688

3,688

3,452

3,452

3,452

3,452

-

-

-

5,100

-

-

-

Deferred income taxes, net of current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,336

5,336

5,100

-

622

622

622

Total assets

412,803

439,913

362,612

341,392

320,364

300,911

140,609

138,155

127,982

138,172

138,172

130,852

121,662

116,024

108,347

106,798

102,424

93,382

72,345

77,001

79,228

71,587

49,330

44,260

41,427

38,237

36,484

35,558

39,618

41,977

42,386

46,299

67,210

64,311

58,224

53,368

49,454

Liabilities and Stockholders' Equity
Current liabilities:
Excess of outstanding checks over bank balance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,346

2,403

1,875

-

1,419

2,106

1,473

1,169

818

888

1,188

1,496

1,329

2,167

1,777

989

1,512

1,223

Borrowings under line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

3,000

3,000

3,000

3,000

256

2,920

-

1,000

Accounts payable

43,938

34,000

34,254

30,261

36,763

36,829

18,979

14,024

15,620

20,826

20,826

23,048

22,567

19,870

17,395

18,949

15,483

16,553

5,561

6,416

7,508

5,242

3,237

5,085

3,576

3,957

3,432

3,440

4,431

6,983

4,946

11,008

10,496

8,182

6,024

3,986

5,380

Purchase price payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,733

-

Accrued liabilities

39,878

67,615

45,937

40,174

32,615

37,401

21,804

24,198

16,596

23,293

23,293

17,755

22,296

22,426

19,049

15,886

17,314

9,858

10,334

9,285

11,359

9,784

10,668

7,141

7,324

5,808

5,926

5,110

5,760

5,306

7,536

8,147

8,821

10,192

9,638

8,490

5,985

Contingent consideration payable

5,148

5,155

1,573

1,681

1,906

3,113

4,020

4,224

2,757

4,246

4,246

777

1,525

1,375

1,925

1,925

2,782

1,420

1,420

2,552

2,552

1,687

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract liabilities

7,165

5,563

5,938

5,291

4,831

5,075

5,001

6,163

6,458

7,321

7,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-

-

-

-

-

-

-

-

7,102

7,098

8,121

8,377

8,687

9,627

8,628

6,218

6,223

6,091

4,996

3,863

2,670

2,479

2,247

2,614

3,559

3,312

3,419

3,607

1,815

1,187

752

1,156

1,313

1,041

Notes payable

13,722

13,720

8,220

10,643

8,100

8,572

-

-

-

383

383

1,276

2,244

3,275

3,972

5,210

5,549

5,878

4,039

3,479

3,562

3,745

355

115

319

517

24

169

382

628

71

146

360

600

101

88

90

Finance lease obligations

421

375

529

396

435

320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability

5,717

5,550

4,194

4,056

4,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations

-

-

-

-

-

-

216

237

298

289

289

307

301

293

334

289

254

419

444

379

339

313

324

180

124

129

140

136

144

152

150

132

148

163

155

175

173

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,941

3,700

-

-

-

-

-

-

-

-

-

4,001

4,001

7,349

-

1,407

1,407

1,407

Current portion of deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,382

-

-3,688

-3,688

-3,688

-3,452

-3,452

-3,452

-3,452

-

-

-

-7,349

-

-

-

Total current liabilities

115,989

131,978

100,645

92,502

88,789

91,310

50,020

48,846

41,729

56,358

56,358

50,265

56,031

55,360

51,052

50,946

51,009

42,756

28,016

34,621

37,514

31,024

18,447

20,298

19,616

17,819

16,757

16,684

21,369

24,128

24,807

29,578

33,528

29,271

22,390

19,704

16,299

Contingent consideration payable

3,798

4,891

1,235

1,040

1,729

1,616

1,949

3,650

4,467

5,062

5,062

8,205

1,709

1,745

2,537

2,376

1,926

4,277

4,305

3,740

3,558

4,055

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes payable

112,268

116,631

95,062

90,139

75,389

62,214

-

2,000

2,500

2,500

2,500

1,500

1,500

1,500

2,074

1,400

2,045

2,876

1,085

1,498

1,912

2,319

-

-

-

-

-

-

-

-

24

42

60

77

95

113

131

Finance lease obligations, less current portion

242

191

230

261

282

224

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability, less current portion

18,051

18,411

9,726

8,944

9,452

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligations, less current portion

-

-

-

-

-

-

193

192

223

160

160

177

168

162

210

179

167

210

255

172

297

262

306

292

96

85

86

74

96

124

116

89

113

136

106

96

96

Deferred lease obligations

-

-

-

-

-

724

599

631

676

614

614

650

681

708

714

728

747

769

737

278

249

227

164

44

73

120

155

237

316

374

435

478

498

534

617

699

766

Deferred income taxes, net

-

-

-

-

-

-

1,582

2,404

2,552

2,248

2,463

3,626

2,587

1,870

1,842

3,490

1,790

1,203

331

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent liabilities

718

533

683

981

729

534

468

468

468

363

363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

251,066

272,635

207,581

193,867

176,370

156,622

54,811

58,191

52,615

67,520

67,520

64,423

62,676

61,345

58,429

59,119

57,684

52,091

34,729

40,309

43,530

37,887

18,917

20,634

19,785

18,024

16,998

16,995

21,781

24,626

25,382

30,187

34,199

30,018

23,208

20,612

17,292

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, $0.01 par value, 10,000 shares authorized, no 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

0

0

Common stock, $0.01 par value, 40,000 shares authorized; 11,640 and 11,497 shares issued and outstanding at April 3, 2020 and December 27, 2019, respectively

116

115

113

112

111

110

89

89

89

88

88

88

86

86

83

83

83

81

79

79

77

77

76

74

74

74

74

74

74

73

73

73

73

73

73

72

72

Additional paid-in capital

135,608

132,547

123,588

116,457

114,348

114,008

56,739

54,216

52,934

50,976

50,976

50,043

45,488

44,493

42,376

41,706

41,229

40,972

38,377

37,833

37,623

37,233

35,436

34,859

34,768

34,654

34,628

34,547

34,509

34,423

34,376

34,271

34,194

34,065

34,009

33,915

33,765

Accumulated other comprehensive loss

-845

-396

-480

-438

-219

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

26,858

35,012

31,810

31,394

29,754

30,171

28,970

25,659

22,344

20,141

19,588

16,298

13,412

10,100

7,459

5,890

3,428

238

-840

-1,220

-2,002

-3,610

-5,099

-11,307

-13,200

-14,515

-15,216

-16,058

-16,746

-17,145

-17,445

-18,232

-1,256

155

934

-1,231

-1,675

Total stockholders’ equity

161,737

167,278

155,031

147,525

143,994

144,289

85,798

79,964

75,367

70,652

70,652

66,429

58,986

54,679

49,918

47,679

44,740

41,291

37,616

36,692

35,698

33,700

30,413

23,626

21,642

20,213

19,486

18,563

17,837

17,351

17,004

16,112

33,011

34,293

35,016

-

32,162

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32,756

-

Total liabilities and stockholders’ equity

412,803

439,913

362,612

341,392

320,364

300,911

140,609

138,155

127,982

138,172

138,172

130,852

121,662

116,024

108,347

106,798

102,424

93,382

72,345

77,001

79,228

71,587

49,330

44,260

41,427

38,237

36,484

35,558

39,618

41,977

42,386

46,299

67,210

64,311

58,224

53,368

49,454