MONITRONICS INTERNATIONAL INC Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1990 WITTINGTON PLACE FARMERS BRANCH, TX 75234-5736 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 738 - Miscellaneous Business Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 14,763 | 2,188 | 3,302 | 3,177 | 2,580 | 1,953 | |||
| Cash and cash equivalents | 14,763 | 2,188 | 3,302 | 3,177 | 2,580 | 1,953 | |||
| Restricted cash and investments | 238 | 189 | 55 | 18 | |||||
| Receivables | 12,083 | 13,121 | 12,645 | 13,869 | 13,622 | 13,796 | |||
| Inventory, net of allowances, customer advances and progress billings | 5,242 | 4,868 | 3,495 | ||||||
| Inventory | 5,242 | 4,868 | 3,495 | ||||||
| Contract with customer, asset, after allowance for credit loss | 12,070 | 13,452 | ✕ | ✕ | ✕ | ✕ | |||
| Deferred tax assets | ✕ | ✕ | 6,567 | ||||||
| Other undisclosed current assets | 7,883 | 9,858 | 7,173 | 9,360 | 9,890 | 7,559 | |||
| Total current assets: | 52,279 | 43,676 | 26,615 | 26,406 | 26,147 | 29,893 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 19,277 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 42,096 | 36,539 | 32,789 | 28,270 | 26,654 | 23,280 | |||
| Intangible assets, net (including goodwill) | 1,283,032 | 1,195,463 | 1,872,571 | 1,967,133 | 2,013,741 | 1,945,987 | |||
| Goodwill | 81,943 | 563,549 | 563,549 | 563,549 | 527,502 | ||||
| Intangible assets, net (excluding goodwill) | 1,201,089 | 1,195,463 | 1,309,022 | 1,403,584 | 1,450,192 | 1,418,485 | |||
| Deferred income tax assets | 684 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 21,944 | 29,307 | 9,340 | 11,908 | 3,725 | 25,487 | |||
| Other undisclosed noncurrent assets | 783 | ||||||||
| Total noncurrent assets: | 1,367,033 | 1,262,092 | 1,914,700 | 2,007,311 | 2,044,120 | 1,994,754 | |||
| TOTAL ASSETS: | 1,419,312 | 1,305,768 | 1,941,315 | 2,033,717 | 2,070,267 | 2,024,647 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 41,823 | 43,184 | 64,557 | 47,108 | 44,622 | 63,153 | |||
| Interest and dividends payable | 18,251 | ||||||||
| Taxes payable | 3,494 | ||||||||
| Employee-related liabilities | 3,458 | 4,068 | 3,479 | 3,604 | |||||
| Accounts payable | 16,869 | 12,099 | 11,073 | 11,461 | 8,621 | 6,710 | |||
| Accrued liabilities | 24,954 | 31,085 | 50,026 | 31,579 | 32,522 | 31,094 | |||
| Deferred revenue | 12,008 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 8,225 | 1,816,450 | 11,000 | 11,000 | 5,500 | 9,166 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 13,871 | 15,147 | 16,207 | 14,945 | ||
| Contract with customer, liability | ✕ | ✕ | 13,060 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 8,191 | 11,513 | 9,309 | 13,916 | 16,386 | (2,699) | |||
| Total current liabilities: | 70,247 | 1,884,207 | 98,737 | 87,171 | 82,715 | 84,565 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 994,414 | 1,707,297 | 1,687,778 | 1,739,147 | 1,640,542 | ||||
| Long-term debt, excluding current maturities | 978,219 | 1,707,297 | 1,687,778 | 1,739,147 | 1,640,542 | ||||
| Liabilities, other than long-term debt | 6,390 | 8,766 | 16,583 | 41,178 | 43,554 | 36,818 | |||
| Deferred tax liabilities, net | ✕ | ✕ | 17,330 | 13,191 | 15,771 | ||||
| Other liabilities | 6,390 | 2,727 | 3,092 | 6,900 | 16,893 | 15,267 | |||
| Operating lease, liability | 16,195 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 6,039 | 13,491 | 16,948 | 13,470 | 5,780 | ||||
| Other undisclosed noncurrent liabilities | 2,183 | 1,770 | 15,962 | 2,645 | 3,786 | 5,156 | |||
| Total noncurrent liabilities: | 1,002,987 | 10,536 | 1,739,842 | 1,731,601 | 1,786,487 | 1,682,516 | |||
| Total liabilities: | 1,073,234 | 1,894,743 | 1,838,579 | 1,818,772 | 1,869,202 | 1,767,081 | |||
| Equity | |||||||||
| Equity, attributable to parent | 346,078 | (588,975) | 102,736 | 214,945 | 201,065 | 257,566 | |||
| Common stock | 225 | ||||||||
| Additional paid in capital | 379,175 | 439,711 | 444,330 | 446,826 | 361,228 | 336,540 | |||
| Accumulated other comprehensive income (loss) | 9 | 7,608 | (7,375) | (8,957) | (13,546) | (4,805) | |||
| Accumulated deficit | (33,331) | (1,036,294) | (334,219) | (222,924) | (146,617) | (74,169) | |||
| Total equity: | 346,078 | (588,975) | 102,736 | 214,945 | 201,065 | 257,566 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,419,312 | 1,305,768 | 1,941,315 | 2,033,717 | 2,070,267 | 2,024,647 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 540,358 | 553,455 | 570,372 | 563,356 | 539,449 | |||
| Revenue, net | ✕ | ✕ | ✕ | 553,455 | 570,372 | 563,356 | 539,449 | |
| Cost of revenue | (140,373) | (128,461) | (131,033) | (124,946) | (95,583) | |||
| Cost of goods and services sold | (128,939) | (119,193) | (115,236) | (110,246) | (94,713) | |||
| Gross profit: | 399,985 | 424,994 | 439,339 | 438,410 | 443,866 | |||
| Operating expenses | (894,128) | (392,690) | (371,690) | (374,685) | (350,376) | |||
| Operating income (loss): | (494,143) | 32,304 | 67,649 | 63,725 | 93,490 | |||
| Nonoperating expense | (196,159) | (145,492) | (136,808) | (129,883) | (119,607) | |||
| Interest and debt expense | (180,770) | (145,492) | (127,308) | (125,415) | (119,607) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 180,770 | 145,492 | 127,308 | 125,415 | 119,607 | |||
| Loss from continuing operations before income taxes: | (690,302) | (113,188) | (69,159) | (66,158) | (26,117) | |||
| Income tax expense (benefit) | 11,552 | 1,893 | (7,148) | (6,290) | (3,600) | |||
| Loss from continuing operations: | (678,750) | (111,295) | (76,307) | (72,448) | (29,717) | |||
| Loss before gain (loss) on sale of properties: | (678,750) | (111,295) | (76,307) | (72,448) | (29,717) | |||
| Net loss available to common stockholders, diluted: | (678,750) | (111,295) | (76,307) | (72,448) | (29,717) | |||
Comprehensive Income ($ in thousands)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (678,750) | (111,295) | (76,307) | (72,448) | (29,717) | |||
| Comprehensive loss: | (678,750) | (111,295) | (76,307) | (72,448) | (29,717) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 14,378 | 1,582 | 4,589 | (8,741) | (4,879) | |||
| Comprehensive loss, net of tax, attributable to parent: | (664,372) | (109,713) | (71,718) | (81,189) | (34,596) | |||
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.