DELTA TUCKER HOLDINGS, INC. Financial Statements (2025 and earlier)
Company Profile
Business Address |
13601 NORTH FREEWAY, SUITE 200 FORT WORTH, TX 76177 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 4581 - Airports, Flying Fields, and Airport Terminal Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 204 | 168 | 118 | 109 | 94 | 171 | |||
Cash and cash equivalents | 204 | 168 | 118 | 109 | 94 | 171 | |||
Restricted cash and investments | 8 | 1 | 1 | ||||||
Receivables | 164 | 353 | 300 | 386 | 501 | 621 | |||
Inventory, net of allowances, customer advances and progress billings | (0) | (3) | 55 | ||||||
Inventory | (0) | (3) | 55 | ||||||
Prepaid expense | 40 | 38 | 40 | 31 | 31 | 30 | |||
Contract with customer, asset, after allowance for credit loss | 172 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
Deferred costs | 2 | ||||||||
Asset, held-for-sale, not part of disposal group | 8 | ✕ | ✕ | ||||||
Other current assets | 2 | 5 | 7 | 8 | 8 | 24 | |||
Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 3 | ||
Other undisclosed current assets | 1 | 9 | 19 | 20 | (17) | (30) | |||
Total current assets: | 584 | 573 | 492 | 562 | 617 | 874 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 22 | 24 | 17 | 16 | 24 | 24 | |||
Long-term investments and receivables | 11 | 16 | |||||||
Long-term investments | 8 | 13 | |||||||
Accounts and financing receivable, after allowance for credit loss | 3 | 3 | |||||||
Intangible assets, net (including goodwill) | 103 | 126 | 155 | 184 | 307 | 294 | |||
Goodwill | 42 | 42 | 42 | 42 | 129 | 294 | |||
Intangible assets, net (excluding goodwill) | 61 | 84 | 113 | 142 | 178 | ||||
Restricted cash and investments | 1 | ||||||||
Other noncurrent assets | 8 | 13 | 13 | 15 | 28 | 39 | |||
Deferred tax assets, net | 13 | 6 | |||||||
Other undisclosed noncurrent assets | 1 | 0 | (11) | 252 | |||||
Total noncurrent assets: | 134 | 162 | 185 | 228 | 365 | 626 | |||
TOTAL ASSETS: | 718 | 736 | 677 | 790 | 982 | 1,500 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 284 | 332 | 279 | 314 | 399 | 522 | |||
Interest and dividends payable | 24 | ||||||||
Taxes payable | 22 | 18 | 9 | 8 | 4 | 14 | |||
Employee-related liabilities | 96 | 105 | 96 | 101 | 94 | 114 | |||
Accounts payable | 107 | 109 | 70 | 91 | 147 | 193 | |||
Accrued liabilities | 60 | 99 | 104 | 115 | 130 | 201 | |||
Debt | 18 | 55 | 187 | ||||||
Provision for loss on contracts | 28 | 14 | |||||||
Estimated litigation liability | 9 | 14 | |||||||
Deferred tax liabilities | 27 | 31 | 31 | ||||||
Customer advances and deposits | ✕ | ✕ | 23 | ✕ | |||||
Contract with customer, liability | 38 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
Other undisclosed current liabilities | (1) | (1) | 63 | 1 | (83) | (28) | |||
Total current liabilities: | 339 | 386 | 342 | 530 | 406 | 553 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 478 | 539 | 587 | 455 | 642 | 732 | |||
Long-term debt, excluding current maturities | 478 | 539 | 587 | 455 | 642 | 732 | |||
Liabilities, other than long-term debt | 11 | 13 | 27 | 14 | 10 | 25 | |||
Deferred tax liabilities, net | 15 | (6) | 17 | ||||||
Liability, pension and other postretirement and postemployment benefits | 4 | ✕ | |||||||
Other liabilities | 11 | 13 | 12 | 14 | 11 | 8 | |||
Other undisclosed noncurrent liabilities | (4) | (12) | (17) | 2 | |||||
Total noncurrent liabilities: | 485 | 540 | 597 | 469 | 654 | 757 | |||
Total liabilities: | 825 | 926 | 938 | 998 | 1,060 | 1,310 | |||
Equity | |||||||||
Equity, attributable to parent | (112) | (195) | (267) | (214) | (83) | 184 | |||
Additional paid in capital | 597 | 596 | 555 | 554 | 553 | 550 | |||
Accumulated other comprehensive loss | (0) | (0) | (1) | (0) | (0) | (0) | |||
Accumulated deficit | (708) | (791) | (822) | (768) | (635) | (366) | |||
Equity, attributable to noncontrolling interest | 5 | 6 | 5 | 6 | 5 | 6 | |||
Total equity: | (106) | (190) | (262) | (208) | (77) | 190 | |||
TOTAL LIABILITIES AND EQUITY: | 718 | 736 | 677 | 790 | 982 | 1,500 |
Income Statement (P&L) ($ in millions)
6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 2,148 | 2,004 | 1,836 | 1,923 | 2,252 | 3,287 | ||
Cost of revenue (Cost of Goods and Services Sold) | (1,861) | (1,762) | (1,636) | (1,722) | (2,073) | (2,987) | ||
Gross profit: | 287 | 243 | 200 | 201 | 179 | 300 | ||
Operating expenses | (122) | (140) | (174) | (276) | (414) | (201) | ||
Other undisclosed operating income (loss) | 0 | 1 | (1) | 0 | 15 | (305) | ||
Operating income (loss): | 166 | 103 | 25 | (75) | (220) | (207) | ||
Nonoperating income (expense) | 5 | 1 | 5 | 4 | 4 | (1) | ||
Investment income, nonoperating | 3 | 0 | 0 | 0 | 0 | 0 | ||
Other nonoperating income (expense) | 3 | 0 | 5 | 4 | 4 | (1) | ||
Interest and debt expense | (68) | (71) | (73) | (69) | (72) | (80) | ||
Income (loss) from continuing operations before equity method investments, income taxes: | 103 | 34 | (43) | (139) | (288) | (287) | ||
Income from equity method investments | 10 | 5 | ||||||
Other undisclosed loss from continuing operations before income taxes | (10) | (5) | ||||||
Income (loss) from continuing operations before income taxes: | 103 | 34 | (43) | (139) | (288) | (287) | ||
Income tax expense (benefit) | (18) | (2) | (10) | 9 | 21 | 37 | ||
Income (loss) from continuing operations: | 86 | 32 | (53) | (131) | (268) | (250) | ||
Income (loss) before gain (loss) on sale of properties: | 86 | 32 | (53) | (131) | (268) | (250) | ||
Net income (loss): | 86 | 32 | (53) | (131) | (268) | (250) | ||
Net loss attributable to noncontrolling interest | (1) | (1) | (1) | (2) | (2) | (4) | ||
Net income (loss) available to common stockholders, diluted: | 84 | 31 | (54) | (133) | (270) | (254) |
Comprehensive Income ($ in millions)
6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 86 | 32 | (53) | (131) | (268) | (250) | ||
Other comprehensive income (loss) | (0) | 0 | (0) | (0) | (0) | (0) | ||
Comprehensive income (loss): | 86 | 32 | (53) | (131) | (268) | (250) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (1) | (1) | (2) | (2) | 4 | ||
Other undisclosed comprehensive loss, net of tax, attributable to parent | (8) | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | 84 | 31 | (54) | (133) | (270) | (254) |
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.