WIRECO WORLDGROUP INC. Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2400 WEST 75TH STREET PRAIRIE VILLAGE, KS 66208 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 349 - Miscellaneous Fabricated Metal Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 21,060 | 58,195 | 34,987 | 49,244 | |||
| Cash and cash equivalent | 21,060 | 58,195 | 34,987 | 49,244 | |||
| Restricted cash and investments | 1,522 | 1,565 | |||||
| Receivables | 127,242 | 145,373 | 148,564 | 152,998 | |||
| Inventory, net of allowances, customer advances and progress billings | 186,964 | 225,075 | 228,245 | 247,559 | |||
| Inventory | 186,964 | 225,075 | 228,245 | 247,559 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 8,584 | ||
| Deferred tax assets | 3,867 | 5,468 | 5,128 | ||||
| Other undisclosed current assets | 8,133 | 12,976 | 15,544 | 10,177 | |||
| Total current assets: | 344,921 | 447,051 | 432,808 | 473,690 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 283,655 | 319,198 | 366,338 | 372,461 | |||
| Long-term investments and receivables | 2,786 | 2,768 | |||||
| Long-term investments | 2,786 | 2,768 | |||||
| Intangible assets, net (including goodwill) | 284,503 | 314,503 | 348,616 | 360,313 | |||
| Goodwill | 181,738 | 188,925 | 198,329 | 197,437 | |||
| Intangible assets, net (excluding goodwill) | 102,765 | 125,578 | 150,287 | 162,876 | |||
| Derivative instruments and hedges | 47,519 | ||||||
| Deferred costs | 9,118 | 15,425 | 22,702 | 27,923 | |||
| Other noncurrent assets | 9,272 | 27,551 | 17,887 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 12,984 | ||
| Deferred tax assets, net | 1,459 | 1,123 | 8,078 | 121 | |||
| Total noncurrent assets: | 635,526 | 677,800 | 766,407 | 776,570 | |||
| TOTAL ASSETS: | 980,447 | 1,124,851 | 1,199,215 | 1,250,260 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 119,795 | 144,526 | 94,054 | 99,783 | |||
| Interest and dividends payable | 6,159 | 6,322 | |||||
| Employee-related liabilities | 18,516 | 19,117 | 17,873 | 16,697 | |||
| Accounts payable | 72,153 | 98,914 | 76,181 | 83,086 | |||
| Accrued liabilities | 22,967 | 20,173 | |||||
| Debt | 8,948 | 19,113 | 14,933 | 22,247 | |||
| Postemployment benefits liability | (113) | ||||||
| Deferred tax liabilities | 311 | 742 | 411 | ||||
| Other undisclosed current liabilities | 22,991 | 25,757 | |||||
| Total current liabilities: | 128,743 | 163,950 | 132,720 | 148,085 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 820,208 | 854,042 | 862,492 | 893,217 | |||
| Long-term debt, excluding current maturities | 820,208 | 854,042 | 862,492 | 893,217 | |||
| Liabilities, other than long-term debt | 47,925 | 62,596 | 107,770 | 92,369 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | (4,234) | |||
| Deferred tax liabilities, net | 34,214 | 46,735 | 75,763 | 65,291 | |||
| Postemployment benefits liability | ✕ | ✕ | ✕ | (343) | |||
| Other liabilities | 13,711 | 15,861 | 32,007 | 31,655 | |||
| Other undisclosed noncurrent liabilities | 4,577 | ||||||
| Total noncurrent liabilities: | 868,133 | 916,638 | 970,262 | 990,163 | |||
| Total liabilities: | 996,876 | 1,080,588 | 1,102,982 | 1,138,248 | |||
| Equity | |||||||
| Equity, attributable to parent | (19,022) | 44,234 | 97,326 | 112,315 | |||
| Common stock | 21 | 21 | 21 | 21 | |||
| Treasury stock, value | (14,465) | (14,465) | (14,465) | (14,465) | |||
| Additional paid in capital | 240,379 | 232,883 | 225,106 | 219,137 | |||
| Accumulated other comprehensive loss | (80,694) | (48,579) | (18,527) | (24,028) | |||
| Accumulated deficit | (164,263) | (125,626) | (94,809) | (68,350) | |||
| Equity, attributable to noncontrolling interest | 2,593 | 29 | (1,093) | (303) | |||
| Total equity: | (16,429) | 44,263 | 96,233 | 112,012 | |||
| TOTAL LIABILITIES AND EQUITY: | 980,447 | 1,124,851 | 1,199,215 | 1,250,260 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 683,953 | 856,760 | 821,055 | 742,689 | ||
| Cost of revenue (Cost of Product and Service Sold) | (522,514) | (657,759) | (625,276) | (578,934) | ||
| Other undisclosed gross profit | 9,244 | 2,970 | ||||
| Gross profit: | 161,439 | 208,245 | 198,749 | 163,755 | ||
| Operating expenses | (123,455) | (137,291) | (147,331) | (118,560) | ||
| Operating income: | 37,984 | 70,954 | 51,418 | 45,195 | ||
| Nonoperating expense | (73,370) | (115,368) | (67,881) | (49,492) | ||
| Gain (loss), foreign currency transaction, before tax | (1,939) | (36,298) | 13,584 | 20,170 | ||
| Interest and debt expense | (70,586) | (79,094) | (80,830) | (67,200) | ||
| Loss from continuing operations before equity method investments, income taxes: | (105,972) | (123,508) | (97,293) | (71,497) | ||
| Other undisclosed income from continuing operations before income taxes | 70,586 | 79,094 | 80,830 | 67,200 | ||
| Loss from continuing operations before income taxes: | (35,386) | (44,414) | (16,463) | (4,297) | ||
| Income tax expense (benefit) | (122) | 15,641 | (10,541) | (13,877) | ||
| Loss from continuing operations: | (35,508) | (28,773) | (27,004) | (18,174) | ||
| Loss before gain (loss) on sale of properties: | (35,508) | (28,773) | (27,004) | (18,174) | ||
| Net loss: | (35,508) | (28,773) | (27,004) | (18,174) | ||
| Net income (loss) attributable to noncontrolling interest | (3,129) | (2,044) | 545 | 2,710 | ||
| Net loss available to common stockholders, diluted: | (38,637) | (30,817) | (26,459) | (15,464) | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net loss: | (35,508) | (28,773) | (27,004) | (18,174) | ||
| Other comprehensive income (loss) | (32,680) | (30,974) | 5,256 | 11,099 | ||
| Comprehensive loss: | (68,188) | (59,747) | (21,748) | (7,075) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,564) | (1,122) | (790) | (2,521) | ||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1,580 | 5,042 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (70,752) | (60,869) | (20,958) | (4,554) | ||
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.