Cambium Learning Group Inc (ABCD) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
17855 NORTH DALLAS PARKWAY, SUITE 400 DALLAS, TX 75287 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2741 - Miscellaneous Publishing (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,680 | 4,450 | 8,493 | 12,093 | 4,646 | 4,608 | |||
| Cash and cash equivalents | 4,680 | 4,450 | 8,493 | 12,093 | 4,646 | 4,608 | |||
| Restricted cash and investments | 961 | 961 | 961 | 978 | 978 | 988 | |||
| Receivables | 13,277 | 7,419 | 12,937 | 30,689 | 12,384 | 7,968 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,813 | 1,993 | 2,382 | 2,489 | 2,835 | 2,999 | |||
| Inventory | 1,813 | 1,993 | 2,382 | 2,489 | 2,835 | 2,999 | |||
| Prepaid expense | 2,695 | 2,754 | 1,762 | 2,405 | 2,302 | 2,287 | |||
| Deferred costs | 6,426 | 7,339 | 9,246 | 9,089 | 5,962 | 7,245 | |||
| Other current assets | 610 | 474 | 185 | 18 | 431 | 399 | |||
| Total current assets: | 30,462 | 25,390 | 35,966 | 57,761 | 29,538 | 26,494 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 20,960 | 21,632 | 22,086 | 23,026 | 22,893 | 23,422 | |||
| Intangible assets, net (including goodwill) | 46,626 | 46,875 | 47,125 | 50,700 | 49,778 | 49,885 | |||
| Goodwill | 43,518 | 43,518 | 43,518 | 47,842 | 47,842 | 47,842 | |||
| Intangible assets, net (excluding goodwill) | 3,108 | 3,357 | 3,607 | 2,858 | 1,936 | 2,043 | |||
| Restricted cash and investments | 839 | 1,046 | 1,293 | 1,512 | 1,748 | 2,014 | |||
| Other noncurrent assets | 3,372 | 3,515 | 3,712 | 4,171 | 3,440 | 3,298 | |||
| Deferred tax assets, net | 30,020 | 30,602 | 30,614 | ||||||
| Other undisclosed noncurrent assets | 17,986 | 17,845 | 17,758 | 17,805 | 19,111 | 19,198 | |||
| Total noncurrent assets: | 119,803 | 121,515 | 122,588 | 97,214 | 96,970 | 97,817 | |||
| TOTAL ASSETS: | 150,265 | 146,905 | 158,554 | 154,975 | 126,508 | 124,311 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 15,845 | 11,147 | 14,509 | 18,432 | 14,398 | 11,160 | |||
| Accounts payable | 2,075 | 1,841 | 2,388 | 3,117 | 2,452 | 2,156 | |||
| Accrued liabilities | 13,770 | 9,306 | 12,121 | 15,315 | 11,946 | 9,004 | |||
| Debt | 6,651 | 6,294 | 5,958 | 7,098 | 7,084 | 7,060 | |||
| Deferred revenue and credits | ✕ | 61,286 | 71,354 | 86,913 | 87,250 | 55,715 | 66,926 | ||
| Other undisclosed current liabilities | 10,000 | 7,000 | 16,000 | 11,000 | |||||
| Total current liabilities: | 93,782 | 95,795 | 107,380 | 112,780 | 93,197 | 96,146 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 38,477 | 40,170 | 41,841 | 62,593 | 64,214 | 65,831 | |||
| Long-term debt, excluding current maturities | 38,477 | 40,170 | 41,841 | 62,593 | 64,214 | 65,831 | |||
| Liabilities, other than long-term debt | 24,489 | 22,497 | 23,625 | 24,589 | 21,245 | 20,836 | |||
| Deferred revenue and credits | ✕ | 15,232 | 13,064 | 13,995 | 15,109 | 11,579 | 10,944 | ||
| Other liabilities | 9,257 | 9,433 | 9,630 | 9,480 | 9,666 | 9,892 | |||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | 62,966 | 62,667 | 65,466 | 87,182 | 85,459 | 86,667 | |||
| Total liabilities: | 156,748 | 158,462 | 172,846 | 199,962 | 178,656 | 182,813 | |||
| Equity | |||||||||
| Equity, attributable to parent | (6,483) | (11,557) | (14,292) | (44,987) | (52,148) | (58,502) | |||
| Common stock | 54 | 54 | 53 | 53 | 53 | 53 | |||
| Treasury stock, value | (12,784) | (12,784) | (12,784) | (12,784) | (12,784) | (12,784) | |||
| Additional paid in capital | 290,468 | 289,864 | 289,022 | 288,350 | 287,689 | 287,150 | |||
| Accumulated other comprehensive loss | (2,022) | (2,057) | (2,093) | (1,860) | (1,883) | (1,906) | |||
| Accumulated deficit | (282,199) | (286,634) | (288,490) | (318,746) | (325,223) | (331,015) | |||
| Total equity: | (6,483) | (11,557) | (14,292) | (44,987) | (52,148) | (58,502) | |||
| TOTAL LIABILITIES AND EQUITY: | 150,265 | 146,905 | 158,554 | 154,975 | 126,508 | 124,311 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 40,996 | 36,607 | 38,329 | 43,523 | 40,362 | 35,970 | ||
| Cost of revenue | (11,081) | (9,967) | (11,112) | (12,604) | (11,543) | (10,275) | ||
| Cost of goods and services sold | (7,038) | (6,063) | (6,238) | (7,928) | (7,215) | (6,185) | ||
| Gross profit: | 29,915 | 26,640 | 27,217 | 30,919 | 28,819 | 25,695 | ||
| Operating expenses | (22,931) | (21,931) | (20,659) | (22,102) | (20,688) | (21,117) | ||
| Other undisclosed operating loss | (718) | (717) | (5,102) | (670) | (669) | (681) | ||
| Operating income: | 6,266 | 3,992 | 1,456 | 8,147 | 7,462 | 3,897 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 118 | (103) | ||||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5,228) | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 6,384 | 3,889 | (3,772) | 8,147 | 7,462 | 3,897 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (927) | (830) | 3,857 | (1,271) | (1,336) | (1,227) | ||
| Income from continuing operations before income taxes: | 5,457 | 3,059 | 85 | 6,876 | 6,126 | 2,670 | ||
| Income tax expense (benefit) | (1,022) | (452) | 30,171 | (399) | (334) | (140) | ||
| Income from continuing operations: | 4,435 | 2,607 | 30,256 | 6,477 | 5,792 | 2,530 | ||
| Income before gain (loss) on sale of properties: | 4,435 | 2,607 | 30,256 | 6,477 | 5,792 | 2,530 | ||
| Net income available to common stockholders, diluted: | 4,435 | 2,607 | 30,256 | 6,477 | 5,792 | 2,530 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 4,435 | 2,607 | 30,256 | 6,477 | 5,792 | 2,530 | ||
| Comprehensive income: | 4,435 | 2,607 | 30,256 | 6,477 | 5,792 | 2,530 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 35 | 29 | (233) | 23 | 23 | 23 | ||
| Comprehensive income, net of tax, attributable to parent: | 4,470 | 2,636 | 30,023 | 6,500 | 5,815 | 2,553 | ||
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.