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 thousands)Annual | Quarterly
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 43,148 | 50,566 | 44,851 | 70,793 | 94,577 | 53,872 | |||
| Cash and cash equivalents | 43,148 | 50,566 | 44,851 | 70,793 | 94,577 | 53,839 | |||
| Short-term investments | 33 | ||||||||
| Receivables | 258,378 | 271,288 | 239,252 | 234,104 | 220,936 | 212,559 | |||
| Inventory, net of allowances, customer advances and progress billings | 10,279 | 10,972 | 11,272 | 12,048 | 11,445 | 10,351 | |||
| Inventory | 10,279 | 10,972 | 11,272 | 12,048 | 11,445 | 10,351 | |||
| Prepaid expense | 21,625 | 22,790 | 23,886 | 22,658 | 19,451 | 17,898 | |||
| Funds held for clients | 180,458 | 171,631 | 210,122 | 176,492 | 122,311 | 131,448 | |||
| Deferred tax assets | 9,308 | ||||||||
| Other undisclosed current assets | 13,167 | 12,965 | 24,017 | 15,188 | 16,974 | 29,583 | |||
| Total current assets: | 527,055 | 540,212 | 553,400 | 540,591 | 485,694 | 455,711 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 168,244 | 166,645 | 164,792 | 154,303 | 162,707 | 155,770 | |||
| Intangible assets, net (including goodwill) | 672,571 | 676,200 | 679,836 | 618,265 | 618,060 | 254,840 | |||
| Goodwill | 475,317 | 474,147 | 475,580 | 425,712 | 424,270 | 204,737 | |||
| Intangible assets, net (excluding goodwill) | 197,254 | 202,053 | 204,256 | 192,553 | 193,790 | 50,103 | |||
| Regulated entity, other noncurrent assets | 4,943 | ||||||||
| Other noncurrent assets | 1,677 | 1,735 | 1,837 | 1,507 | 1,336 | 1,206 | |||
| Deferred tax assets, net | (45,804) | ||||||||
| Other undisclosed noncurrent assets | 78,249 | 78,640 | 75,096 | 118,911 | 68,967 | 66,433 | |||
| Total noncurrent assets: | 925,684 | 923,220 | 921,561 | 847,182 | 851,070 | 478,249 | |||
| TOTAL ASSETS: | 1,452,739 | 1,463,432 | 1,474,961 | 1,387,773 | 1,336,764 | 933,960 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 58,576 | 58,674 | 53,664 | 89,625 | 101,912 | 70,767 | |||
| Settlement liabilities | 31,165 | 41,183 | |||||||
| Accounts payable | 58,576 | 58,674 | 53,664 | 58,460 | 60,729 | 70,767 | |||
| Debt | 48,793 | 36,779 | 41,781 | 36,792 | 18,750 | ||||
| Other liabilities | 49,050 | 44,164 | 46,834 | 41,517 | 25,928 | 28,941 | |||
| Deferred revenue and credits | 53,150 | 50,692 | 39,016 | 46,601 | 40,551 | ||||
| Other undisclosed current liabilities | 367,079 | 364,381 | 381,707 | 310,913 | 241,624 | 310,231 | |||
| Total current liabilities: | 576,648 | 554,690 | 563,002 | 525,448 | 428,765 | 409,939 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 450,041 | 515,760 | 547,435 | 523,122 | 553,750 | 200,000 | |||
| Long-term debt, excluding current maturities | 450,041 | 515,760 | 547,435 | 523,122 | 553,750 | 200,000 | |||
| Liabilities, other than long-term debt | 70,712 | 66,164 | 66,571 | 55,473 | 53,912 | 50,649 | |||
| Deferred revenue and credits | 3,025 | 3,136 | 2,366 | 2,354 | 2,104 | ||||
| Deferred tax liabilities, net | 59,057 | 54,868 | 56,499 | 45,804 | 45,039 | 43,910 | |||
| Liability for uncertainty in income taxes | 8,630 | 8,160 | 7,706 | 7,315 | 6,769 | 6,739 | |||
| Other undisclosed noncurrent liabilities | 38,175 | 34,754 | 30,323 | 32,970 | 30,500 | 28,367 | |||
| Total noncurrent liabilities: | 558,928 | 616,678 | 644,329 | 611,565 | 638,162 | 279,016 | |||
| Total liabilities: | 1,135,576 | 1,171,368 | 1,207,331 | 1,137,013 | 1,066,927 | 688,955 | |||
| Equity | |||||||||
| Equity, attributable to parent | 317,163 | 292,064 | 267,630 | 250,760 | 269,837 | 240,526 | |||
| Common stock | 37 | 37 | 37 | 36 | 36 | 36 | |||
| Additional paid in capital | 271,171 | 266,329 | 259,144 | 255,921 | 252,127 | 240,209 | |||
| Accumulated other comprehensive loss | (8) | (59) | (66) | (130) | (112) | (143) | |||
| Retained earnings (accumulated deficit) | 45,963 | 25,757 | 8,515 | (5,067) | 17,786 | 424 | |||
| Equity, attributable to noncontrolling interest | 4,479 | ||||||||
| Total equity: | 317,163 | 292,064 | 267,630 | 250,760 | 269,837 | 245,005 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,452,739 | 1,463,432 | 1,474,961 | 1,387,773 | 1,336,764 | 933,960 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 705,667 | 675,692 | 602,459 | 2,307,081 | 4,300 | 582,859 | ||
| Revenue, net | 705,667 | 675,692 | 602,459 | 600,626 | 582,859 | |||
| Cost of revenue | (603,937) | (580,392) | (515,442) | (525,169) | (520,834) | (509,554) | ||
| Cost of goods and services sold | (603,937) | (580,392) | (514,573) | (518,519) | (520,834) | (509,554) | ||
| Gross profit: | 101,730 | 95,300 | 87,017 | 1,781,912 | (516,534) | 73,305 | ||
| Operating expenses | (91,943) | (88,685) | (103,159) | (134,997) | (73,425) | (56,864) | ||
| Other undisclosed operating income (loss) | 32,727 | 31,813 | 45,904 | (1,651,499) | 620,370 | 13,490 | ||
| Operating income (loss): | 42,514 | 38,428 | 29,762 | (4,584) | 30,411 | 29,931 | ||
| Nonoperating income (expense) | (3,627) | (4,182) | (3,596) | (7,890) | 1,472 | (808) | ||
| Investment income, nonoperating | 29 | 28 | 25 | (3,970) | 33 | 30 | ||
| Other nonoperating income (expense) | (9) | (326) | 26 | (4,313) | 3,581 | 420 | ||
| Interest and debt expense | (3,647) | (3,884) | (3,647) | (3,607) | (2,142) | (1,258) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 3,647 | 3,607 | 2,142 | 1,258 | ||||
| Income (loss) from continuing operations before income taxes: | 35,240 | 30,362 | 26,166 | (12,474) | 31,883 | 29,123 | ||
| Income tax expense | (15,006) | (13,340) | (8,928) | (7,297) | (11,727) | (12,552) | ||
| Income (loss) from continuing operations: | 20,234 | 17,022 | 17,238 | (19,771) | 20,156 | 16,571 | ||
| Income (loss) before gain (loss) on sale of properties: | 20,234 | 17,022 | 17,238 | (19,771) | 20,156 | 16,571 | ||
| Other undisclosed net income (loss) | 3,647 | 3,884 | ||||||
| Net income (loss): | 23,881 | 20,906 | 17,238 | (19,771) | 20,156 | 16,571 | ||
| Other undisclosed net income attributable to parent | 302 | 881 | ||||||
| Net income (loss) available to common stockholders, diluted: | 23,881 | 20,906 | 17,238 | (19,771) | 20,458 | 17,452 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 23,881 | 20,906 | 17,238 | (19,771) | 20,156 | 16,571 | ||
| Other comprehensive income (loss) | (11) | 7 | 64 | (18) | ||||
| Other undisclosed comprehensive income (loss) | 62 | 31 | (114) | |||||
| Comprehensive income (loss): | 23,932 | 20,913 | 17,302 | (19,789) | 20,187 | 16,457 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 302 | (881) | ||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,762 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 23,932 | 20,913 | 17,302 | (19,789) | 20,489 | 17,338 | ||
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.