Advisory Board Co (ABCO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2445 M STREET, NW WASHINGTON, DC 20037 |
| State of Incorp. | DE |
| Fiscal Year End | February 28 |
| Industry (SIC) | 8741 - Management Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 3/31/2014 | 3/31/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 91,151 | 71,825 | 25,581 | 74,440 | |||
| Cash and cash equivalents | 91,151 | 71,825 | 23,129 | 57,829 | |||
| Short-term investments | 2,452 | 16,611 | |||||
| Receivables | 605,517 | 605,444 | 447,897 | 351,598 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 15,477 | ||
| Other undisclosed current assets | 18,965 | 22,651 | 32,723 | 7,664 | |||
| Total current assets: | 715,633 | 699,920 | 506,201 | 449,179 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 171,281 | 183,057 | 102,457 | 71,174 | |||
| Long-term investments and receivables | 19,858 | 706 | 182,801 | 147,135 | |||
| Long-term investments | 19,858 | 706 | 182,801 | 147,135 | |||
| Intangible assets, net (including goodwill) | 994,560 | 1,012,921 | 163,179 | 127,921 | |||
| Goodwill | 739,507 | 738,200 | 129,424 | 95,540 | |||
| Intangible assets, net (excluding goodwill) | 255,053 | 274,721 | 33,755 | 32,381 | |||
| Other noncurrent assets | 1,800 | 5,550 | ✕ | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 9,908 | ||
| Other undisclosed noncurrent assets | 135,546 | 81,462 | 81,147 | 72,390 | |||
| Total noncurrent assets: | 1,321,245 | 1,279,946 | 535,134 | 428,528 | |||
| TOTAL ASSETS: | 2,036,878 | 1,979,866 | 1,041,335 | 877,707 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities, including: | 67,702 | 74,879 | 77,815 | 75,089 | |||
| Employee-related liabilities | 25,521 | 41,173 | 28,471 | 21,033 | |||
| Other undisclosed accounts payable and accrued liabilities | 42,181 | 33,706 | 49,344 | 54,056 | |||
| Debt | 49,347 | 27,851 | |||||
| Deferred revenue and credits | 564,237 | 581,471 | 459,827 | 386,739 | |||
| Other undisclosed current liabilities | 25,521 | 41,173 | 28,471 | 21,033 | |||
| Total current liabilities: | 706,807 | 725,374 | 566,113 | 482,861 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 472,739 | 522,367 | |||||
| Long-term debt, excluding current maturities | 472,739 | 522,367 | |||||
| Liabilities, other than long-term debt | 276,920 | 280,334 | 138,063 | 113,429 | |||
| Deferred revenue and credits | 170,357 | 173,953 | 127,532 | 97,563 | |||
| Deferred tax liabilities, net | 89,013 | 93,893 | 1,556 | ||||
| Other liabilities | 17,550 | 12,488 | 8,975 | 15,866 | |||
| Other undisclosed noncurrent liabilities | 63,368 | 2,700 | |||||
| Total noncurrent liabilities: | 813,027 | 805,401 | 138,063 | 113,429 | |||
| Total liabilities: | 1,519,834 | 1,530,775 | 704,176 | 596,290 | |||
| Temporary equity, carrying amount | 100 | 100 | |||||
| Equity | |||||||
| Equity, attributable to parent | 517,044 | 449,091 | 337,286 | 281,425 | |||
| Common stock | 402 | 416 | 363 | 351 | |||
| Additional paid in capital | 782,399 | 744,333 | 429,932 | 375,622 | |||
| Accumulated other comprehensive income (loss) | 461 | 202 | (1,541) | 1,261 | |||
| Accumulated deficit | (266,218) | (295,860) | (91,468) | (95,809) | |||
| Equity, attributable to noncontrolling interest | (227) | (108) | |||||
| Total equity: | 517,044 | 449,091 | 337,059 | 281,317 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,036,878 | 1,979,866 | 1,041,335 | 877,707 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 803,424 | 768,348 | 520,596 | 450,837 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (272,523) | (240,037) | ||||
| Gross profit: | 803,424 | 768,348 | 248,073 | 210,800 | ||
| Operating expenses | (126,634) | (235,980) | (112,589) | (87,870) | ||
| Other undisclosed operating loss | (600,252) | (586,768) | (88,298) | (79,464) | ||
| Operating income (loss): | 76,538 | (54,400) | 47,186 | 43,466 | ||
| Nonoperating income (expense) | (2,789) | (6,499) | 3,139 | 5,605 | ||
| Investment income, nonoperating | 633 | 2,469 | ||||
| Other nonoperating income (expense) | (2,789) | (6,499) | 2,706 | 2,604 | ||
| Interest and debt expense | (18,137) | (38,519) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (433) | (3,001) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 55,612 | (99,418) | 49,892 | 46,070 | ||
| Income (loss) from equity method investments | 46,666 | (4,396) | (6,051) | (6,756) | ||
| Other undisclosed loss from continuing operations before income taxes | (19,208) | (17,259) | ||||
| Income (loss) from continuing operations before income taxes: | 102,278 | (103,814) | 24,633 | 22,055 | ||
| Income tax expense | (11,040) | (15,200) | (19,208) | (17,259) | ||
| Other undisclosed income from continuing operations | 19,208 | 17,259 | ||||
| Income (loss) from continuing operations: | 91,238 | (119,014) | 24,633 | 22,055 | ||
| Income (loss) before gain (loss) on sale of properties: | 91,238 | (119,014) | 24,633 | 22,055 | ||
| Net income (loss): | 91,238 | (119,014) | 24,633 | 22,055 | ||
| Net income attributable to noncontrolling interest | 200 | 119 | 108 | |||
| Other undisclosed net loss attributable to parent | (200) | |||||
| Net income (loss) available to common stockholders, diluted: | 91,238 | (119,014) | 24,752 | 22,163 | ||
Comprehensive Income ($ in thousands)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 91,238 | (119,014) | 24,633 | 22,055 | ||
| Comprehensive income (loss): | 91,238 | (119,014) | 24,633 | 22,055 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 200 | (119) | (108) | |||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 259 | (80) | (2,564) | 271 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 91,497 | (118,894) | 21,950 | 22,218 | ||
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.