HEARTLAND PAYMENT SYSTEMS INC Financial Statements (2025 and earlier)
Company Profile
Business Address |
300 CARNEGIE CENTER BLVD., SUITE 300 PRINCETON, NJ 08540 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
---|---|---|---|---|---|---|
ASSETS | ||||||
Current Assets | ||||||
Cash, cash equivalents, and short-term investments | 71 | 72 | 50 | |||
Cash and cash equivalents | 71 | 72 | 48 | |||
Short-term investments | 1 | |||||
Receivables | 234 | 200 | 180 | |||
Inventory, net of allowances, customer advances and progress billings | 12 | 11 | 10 | |||
Inventory | 12 | 11 | 10 | |||
Prepaid expense | 23 | 15 | ✕ | |||
Funds held for clients | 176 | 127 | 131 | |||
Disposal group, including discontinued operation | 17 | |||||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | 10 | ||
Deferred tax assets | 9 | (10) | (10) | |||
Other undisclosed current assets | 15 | 34 | 21 | |||
Total current assets: | 541 | 450 | 409 | |||
Noncurrent Assets | ||||||
Property, plant and equipment | 154 | 147 | 125 | |||
Intangible assets, net (including goodwill) | 618 | 241 | 222 | |||
Goodwill | 426 | 191 | 168 | |||
Intangible assets, net (excluding goodwill) | 193 | 50 | 54 | |||
Regulated entity, other noncurrent assets | ||||||
Other noncurrent assets | 2 | 1 | ✕ | |||
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 1 | ||
Deferred tax assets, net | (46) | (41) | (30) | |||
Other undisclosed noncurrent assets | 119 | 102 | 86 | |||
Total noncurrent assets: | 847 | 451 | 404 | |||
TOTAL ASSETS: | 1,388 | 900 | 813 | |||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities | 90 | 71 | 68 | |||
Settlement liabilities | 31 | ✕ | ✕ | |||
Taxes payable | 4 | |||||
Accounts payable | 58 | 71 | 64 | |||
Debt | 37 | 102 | ||||
Disposal group, including discontinued operation | 2 | |||||
Other liabilities | 42 | 50 | 48 | |||
Deferred revenue and credits | 47 | |||||
Other undisclosed current liabilities | 311 | 291 | 275 | |||
Total current liabilities: | 525 | 412 | 495 | |||
Noncurrent Liabilities | ||||||
Long-term debt and lease obligation | 523 | 150 | 50 | |||
Long-term debt, excluding current maturities | 523 | 150 | 50 | |||
Liabilities, other than long-term debt | 55 | 46 | 33 | |||
Deferred revenue and credits | 2 | |||||
Deferred tax liabilities, net | 46 | 41 | 30 | |||
Liability for uncertainty in income taxes | 7 | 6 | 3 | |||
Other undisclosed noncurrent liabilities | 33 | 25 | 25 | |||
Total noncurrent liabilities: | 612 | 222 | 108 | |||
Total liabilities: | 1,137 | 634 | 602 | |||
Equity | ||||||
Equity, attributable to parent | 251 | 260 | 210 | |||
Common stock | 0 | 0 | 0 | |||
Treasury stock, value | (20) | (20) | ||||
Additional paid in capital | 256 | 245 | 223 | |||
Accumulated other comprehensive loss | (0) | (0) | (0) | |||
Retained earnings (accumulated deficit) | (5) | 36 | 8 | |||
Equity, attributable to noncontrolling interest | 6 | 1 | ||||
Total equity: | 251 | 267 | 211 | |||
TOTAL LIABILITIES AND EQUITY: | 1,388 | 900 | 813 |
Income Statement (P&L) ($ in millions)
12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|
Revenues (Revenue, Net) | 2,311 | 2,135 | 2,013 | ||
Cost of revenue | (2,011) | (1,836) | (1,764) | ||
Cost of goods and services sold | (2,001) | (1,836) | (1,764) | ||
Gross profit: | 300 | 300 | 250 | ||
Operating expenses | (376) | (264) | (220) | ||
Other undisclosed operating income | 157 | 90 | 80 | ||
Operating income: | 82 | 126 | 110 | ||
Nonoperating expense | (8) | (6) | (5) | ||
Investment income, nonoperating | (4) | 0 | 0 | ||
Other nonoperating income (expense) | (0) | 0 | (1) | ||
Interest and debt expense | (8) | (5) | (3) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 8 | 5 | 3 | ||
Income from continuing operations before income taxes: | 74 | 121 | 105 | ||
Income tax expense | (42) | (46) | (41) | ||
Income from continuing operations: | 32 | 74 | 64 | ||
Income before gain (loss) on sale of properties: | 32 | 78 | 67 | ||
Income from discontinued operations | 4 | 2 | |||
Net income: | 32 | 78 | 67 | ||
Net loss attributable to noncontrolling interest | (1) | ||||
Other undisclosed net income attributable to parent | 2 | 1 | |||
Net income available to common stockholders, diluted: | 34 | 79 | 66 |
Comprehensive Income ($ in millions)
12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|
Net income: | 32 | 78 | 67 | ||
Other comprehensive income (loss) | (0) | 0 | 0 | ||
Comprehensive income: | 32 | 78 | 67 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2 | (1) | 1 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1 | (1) | |||
Comprehensive income, net of tax, attributable to parent: | 34 | 79 | 66 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.