Advisory Board Co (ABCO) Financial Statements (2024 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 91,15171,82525,58174,440
Cash and cash equivalents 91,15171,82523,12957,829
Short-term investments   2,45216,611
Receivables 605,517605,444447,897351,598
Prepaid expense and other current assets15,477
Other undisclosed current assets 18,96522,65132,7237,664
Total current assets: 715,633699,920506,201449,179
Noncurrent Assets
Property, plant and equipment 171,281183,057102,45771,174
Long-term investments and receivables 19,858706182,801147,135
Long-term investments 19,858706182,801147,135
Intangible assets, net (including goodwill) 994,5601,012,921163,179127,921
Goodwill 739,507738,200129,42495,540
Intangible assets, net (excluding goodwill) 255,053274,72133,75532,381
Other noncurrent assets  1,8005,550
Prepaid expense and other noncurrent assets9,908
Other undisclosed noncurrent assets 135,54681,46281,14772,390
Total noncurrent assets: 1,321,2451,279,946535,134428,528
TOTAL ASSETS: 2,036,8781,979,8661,041,335877,707
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 67,70274,87977,81575,089
Employee-related liabilities 25,52141,17328,47121,033
Other undisclosed accounts payable and accrued liabilities 42,18133,70649,34454,056
Debt 49,34727,851  
Deferred revenue and credits 564,237581,471459,827386,739
Other undisclosed current liabilities 25,52141,17328,47121,033
Total current liabilities: 706,807725,374566,113482,861
Noncurrent Liabilities
Long-term debt and lease obligation 472,739522,367  
Long-term debt, excluding current maturities 472,739522,367  
Liabilities, other than long-term debt 276,920280,334138,063113,429
Deferred revenue and credits 170,357173,953127,53297,563
Deferred tax liabilities, net 89,01393,8931,556 
Other liabilities 17,55012,4888,97515,866
Other undisclosed noncurrent liabilities 63,3682,700  
Total noncurrent liabilities: 813,027805,401138,063113,429
Total liabilities: 1,519,8341,530,775704,176596,290
Temporary equity, carrying amount   100100
Equity
Equity, attributable to parent 517,044449,091337,286281,425
Common stock 402416363351
Additional paid in capital 782,399744,333429,932375,622
Accumulated other comprehensive income (loss) 461202(1,541)1,261
Accumulated deficit (266,218)(295,860)(91,468)(95,809)
Equity, attributable to noncontrolling interest   (227)(108)
Total equity: 517,044449,091337,059281,317
TOTAL LIABILITIES AND EQUITY: 2,036,8781,979,8661,041,335877,707

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)
 803,424768,348520,596450,837
Cost of revenue
(Cost of Goods and Services Sold)
   (272,523)(240,037)
Gross profit: 803,424768,348248,073210,800
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)47,18643,466
Nonoperating income (expense) (2,789)(6,499)3,1395,605
Investment income, nonoperating   6332,469
Other nonoperating income (expense) (2,789)(6,499)2,7062,604
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)49,89246,070
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)24,63322,055
Income tax expense (11,040)(15,200)(19,208)(17,259)
Other undisclosed income from continuing operations   19,20817,259
Income (loss) from continuing operations: 91,238(119,014)24,63322,055
Income (loss) before gain (loss) on sale of properties: 91,238(119,014)24,63322,055
Net income (loss): 91,238(119,014)24,63322,055
Net income attributable to noncontrolling interest  200119108
Other undisclosed net loss attributable to parent  (200)  
Net income (loss) available to common stockholders, diluted: 91,238(119,014)24,75222,163

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)24,63322,055
Comprehensive income (loss): 91,238(119,014)24,63322,055
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)21,95022,218

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.

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