Zagg inc (ZAGG)
Balance Sheet / Yearly
Dec'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

-

14,669

12,885

14,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

17,801

-

-

-

15,793

17,780

18,582

17,745

24,989

11,394

14,330

4,303

11,604

8,955

9,250

6,162

13,002

14,957

11,151

14,727

9,461

7,104

12,226

6,511

15,031

12,654

13,557

23,404

20,177

16,344

12,480

16,856

26,433

17,489

13,452

2,373

Accounts receivable, net of allowances of $1,143 and $885

142,804

135,345

102,578

93,617

156,667

115,801

83,990

73,894

123,220

96,830

72,956

60,181

83,835

83,086

64,885

53,170

57,647

53,071

53,848

44,087

75,729

55,104

42,043

36,573

46,591

32,475

31,285

35,461

54,561

44,995

40,463

36,374

45,450

29,069

26,564

17,669

Income tax receivable

0

3,007

3,427

2,149

375

941

1,285

-

0

138

1,193

3,672

2,814

446

14,329

11,879

1,158

-

-

-

0

6,075

-

-

-

-

-

-

-

1,888

-

-

-

1,131

1,824

-

Inventories

144,944

138,452

110,565

100,226

82,919

78,666

69,662

78,891

75,046

72,005

65,376

75,701

72,769

66,204

68,856

83,755

45,912

45,352

44,004

48,128

48,378

35,254

39,367

39,079

44,539

50,714

46,835

41,253

39,988

34,445

34,214

25,656

29,622

34,162

33,491

17,947

Prepaid expenses and other current assets

6,124

4,871

6,393

4,371

5,473

6,649

5,463

4,529

4,547

3,531

3,717

3,266

3,414

3,348

1,988

2,258

3,142

3,162

2,157

1,441

2,681

3,287

1,322

1,499

2,403

3,127

5,336

8,266

9,547

4,264

5,875

5,387

1,593

1,388

1,219

2,620

Related party other asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3,900

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

28,771

28,223

36,725

10,840

10,774

10,774

10,774

10,774

6,851

8,009

8,009

7,917

7,372

7,510

6,977

6,912

6,728

5,902

5,063

5,132

2,690

2,672

2,196

Total current assets

311,673

296,344

235,848

215,152

261,227

219,837

178,982

175,059

227,802

183,898

157,572

147,123

174,436

190,810

187,531

193,949

131,701

127,316

121,934

119,157

147,023

113,675

102,967

91,671

116,481

106,342

104,523

115,361

131,185

108,664

98,934

89,336

108,230

85,929

79,226

46,705

Investment in HzO

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

789

1,406

2,013

3,398

3,943

4,416

4,879

-

-

0

Property and equipment, net of accumulated depreciation of $14,159 and $11,844

18,019

18,644

17,714

18,016

16,118

13,936

12,532

12,794

13,444

15,066

15,631

16,740

17,755

18,799

20,112

21,640

8,309

6,987

6,971

7,092

7,300

6,296

5,341

4,897

5,004

4,823

4,291

4,592

4,862

4,955

4,746

4,423

4,162

3,662

3,769

1,497

Intangible assets, net of accumulated amortization of $95,632 and $78,627

63,110

67,102

70,542

75,189

52,054

32,505

33,630

36,443

39,244

42,286

45,327

48,368

53,362

56,868

66,522

65,739

23,045

24,930

27,090

29,253

31,408

33,864

36,318

38,772

41,219

53,458

53,123

55,517

57,905

66,400

68,839

71,255

73,691

81,286

83,517

9,167

Deferred income tax assets, net

22,657

13,994

15,396

14,302

19,403

22,134

23,914

24,084

24,403

-

-

-

50,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right of use assets

9,636

10,067

10,380

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

43,569

43,569

43,560

43,560

27,638

12,570

12,272

12,272

12,272

12,272

12,272

12,272

12,272

12,791

28,725

14,092

0

-

-

-

-

-

-

-

-

1,484

1,484

1,484

1,484

6,925

6,925

6,925

6,925

6,744

6,704

0

Deferred income tax assets

-

-

-

-

-

-

-

-

-

44,652

49,331

50,603

-

22,617

9,462

0

15,386

15,203

14,697

14,203

14,290

12,993

11,981

11,377

11,377

6,596

6,596

6,596

6,596

82

82

82

82

-

-

0

Note receivable, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

801

801

801

801

801

801

789

720

583

583

-

-

-

1,349

-

-

-

Note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

583

583

1,099

-

1,589

3,899

0

Other assets

567

1,103

1,315

10,574

1,571

1,667

3,846

3,803

3,426

1,635

1,541

1,476

2,541

2,480

2,337

2,346

1,100

1,502

1,514

475

457

483

549

541

588

687

767

1,352

1,457

3,014

3,279

3,051

3,010

3,202

3,394

63

Total assets

469,231

450,823

394,755

376,793

378,011

302,649

265,176

264,455

320,591

299,809

281,674

276,582

310,729

304,365

314,689

297,766

179,541

175,938

172,206

170,981

201,279

168,112

157,957

148,059

175,470

174,356

172,293

186,891

206,085

194,021

187,331

180,587

202,328

182,412

180,511

57,432

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

87,303

97,978

70,988

55,045

80,908

67,355

60,372

54,798

96,472

82,742

62,237

51,810

85,022

73,168

62,595

54,495

33,846

37,681

22,583

27,938

49,379

32,129

21,066

13,893

15,207

13,048

12,305

15,392

19,027

16,019

16,298

16,637

16,013

13,785

15,195

12,122

Income tax payable

5,266

-

-

-

0

0

0

2,291

2,052

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,000

8,000

8,000

6,000

-

-

-

2,372

-

-

-

Current portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,131

3,808

31

Sales returns liability

43,853

41,244

37,522

33,824

54,432

43,506

34,620

30,913

34,536

29,342

27,794

25,672

28,373

28,289

30,164

20,773

7,849

5,176

6,005

3,808

8,674

7,400

7,089

5,442

7,872

3,975

3,862

4,496

6,697

4,995

5,524

5,163

5,387

2,506

2,873

2,068

Contingent payments

-

-

-

-

-

-

-

-

-

-

-

-

-

12,139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued wages and wage related expenses

6,328

6,934

6,665

6,183

6,624

5,812

5,836

7,775

5,652

5,649

5,635

6,457

6,169

4,838

3,349

2,890

2,244

2,176

2,053

2,291

2,600

1,787

1,401

1,046

891

1,149

921

1,545

2,554

1,500

1,312

1,420

1,468

952

2,583

303

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

76

1,027

2,475

6,464

0

688

1,710

6,359

3,292

2,030

287

3,062

-

916

2,223

4,294

0

0

8,031

Accrued liabilities

15,164

18,911

9,511

11,791

13,723

8,091

6,838

9,214

8,168

23,825

22,798

22,876

22,216

10,725

16,258

12,297

5,068

5,280

5,434

4,304

6,910

5,127

2,382

2,067

2,608

2,452

2,309

3,457

3,754

3,908

2,235

2,348

3,886

2,352

934

240

Current portion of operating lease liabilities

2,099

2,129

2,154

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

0

-

-

315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

0

0

-

214

209

226

273

-

97

25

17

21

173

182

179

43

57

78

159

174

186

212

722

287

346

288

320

540

1,032

295

Line of credit

-

-

-

-

-

0

0

0

23,475

16,264

30,683

40,631

31,307

30,195

50,006

50,545

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt, net of deferred loan costs of $0 and $141

-

-

-

-

-

-

-

-

13,922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt, net of deferred loan costs of $0 and $141

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of long-term debt, net of deferred loan costs of $141 and $65

-

-

-

-

-

-

-

-

-

6,185

6,185

10,484

10,484

6,185

6,185

6,186

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

160,013

167,196

126,840

106,843

155,687

124,764

107,666

104,991

184,592

164,221

155,541

158,156

183,844

165,539

168,654

147,211

49,024

50,410

37,275

40,998

74,206

46,486

32,683

24,236

33,096

32,090

29,613

33,389

41,816

26,709

26,631

28,079

33,740

23,266

26,429

23,090

Line of credit

107,140

111,363

95,363

93,363

58,363

28,000

20,000

22,038

0

9,283

10,829

8,076

9,623

15,468

17,014

18,563

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

10,599

11,135

11,889

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

0

0

7,913

20,052

5,470

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,593

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

866

1,309

1,561

Other noncurrent liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

513

513

513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

813

0

0

17,543

0

4,648

17,749

22,173

3,534

2,612

1,627

23,332

22,001

21,001

0

Noncurrent portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,000

14,000

16,000

18,000

-

-

-

42,628

-

-

-

Noncurrent portion of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,000

41,000

41,000

-

41,869

41,191

0

Total liabilities

277,752

289,694

242,005

220,258

219,520

152,764

127,666

127,029

184,592

173,504

166,370

166,232

193,467

181,520

186,181

168,880

49,024

50,410

37,275

40,998

-

47,299

32,683

24,236

50,639

44,090

48,261

67,138

81,989

71,243

70,243

70,706

99,700

88,002

89,931

24,651

Commitments and contingencies (Notes 13 and 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Redeemable noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,149

-

-

Common stock, $0.001 par value; 100,000 shares authorized; 36,163 and 34,457 shares issued

-

36

36

36

-

34

34

34

-

34

-

-

-

-

-

-

-

33

33

33

-

-

-

-

-

-

-

-

-

-

-

30

-

30

29

24

Common stock, $0.001 par value; 100,000 shares authorized; 36,610 and 34,457 shares issued

37

-

-

-

34

-

-

-

34

-

34

34

34

34

34

34

33

-

-

-

33

33

33

33

32

32

32

31

31

30

30

-

30

-

-

-

Note receivable collateralized by stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

50

348

348

348

348

348

348

360

428

566

566

566

566

566

566

1,240

-

0

Treasury stock, 7,055 and 6,983 common shares, at cost

50,455

50,455

50,455

50,455

49,733

43,734

40,643

37,637

37,637

37,636

37,637

37,637

36,145

35,194

35,194

35,194

35,194

34,158

19,899

19,576

19,576

12,485

12,485

12,485

9,997

5,999

5,999

5,999

0

-

-

-

-

-

-

-

Additional paid-in capital

116,533

-

-

-

96,486

-

-

-

96,145

-

94,207

93,212

92,782

92,660

91,273

90,322

88,983

-

-

-

85,154

84,565

84,078

83,408

82,807

82,270

79,659

78,439

77,234

76,247

74,153

72,409

70,248

68,843

67,447

15,495

Accumulated other comprehensive loss

-1,631

-

-

-

-1,410

-

-

-

-348

-

-1,270

-1,826

-2,114

-1,505

-1,562

-1,278

-1,597

-1,232

-1,388

-1,747

-895

-657

-28

-17

93

35

-337

-482

-57

-193

-401

-53

-33

-211

-74

-60

Additional paid-in capital

-

111,917

111,279

109,869

-

95,642

94,977

94,134

-

95,106

-

-

-

-

-

-

-

87,549

86,638

85,716

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-

-2,366

-1,425

-1,566

-

-853

-1,028

-59

-

-944

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

126,995

101,997

93,315

98,651

113,114

98,796

84,170

80,954

77,805

69,745

59,970

56,567

62,705

66,850

73,957

75,002

78,292

73,336

69,597

65,905

62,705

49,705

54,024

53,232

52,244

54,288

51,105

48,330

47,454

47,260

43,872

38,061

32,949

22,886

20,754

14,701

Total stockholders' equity

191,479

161,129

152,750

156,535

158,491

149,885

137,510

137,426

135,999

126,305

115,304

110,350

117,262

122,845

128,508

128,886

130,517

125,528

134,931

129,983

127,073

120,813

125,274

123,823

124,831

130,266

124,032

119,753

124,096

122,778

117,088

109,881

102,628

90,308

88,156

30,160

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-47

2,424

2,621

Total equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102,628

90,261

90,580

32,781

Total liabilities and stockholders' equity

469,231

450,823

394,755

376,793

378,011

302,649

265,176

264,455

320,591

299,809

281,674

276,582

310,729

304,365

314,689

297,766

179,541

175,938

172,206

170,981

201,279

168,112

157,957

148,059

175,470

174,356

172,293

186,891

206,085

194,021

187,331

180,587

202,328

182,412

180,511

57,432