ARC Document Solutions Inc. (ARC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12657 ALCOSTA BLVD. SAN RAMON, CA 94583 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 733 - Mailing, Reproduction, Commercial Art And Photography, and Stenographic Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 56,093 | 52,561 | 55,929 | 54,950 | 29,425 | 29,433 | |||
| Cash and cash equivalents | 56,093 | 52,561 | 55,929 | 54,950 | 29,425 | 29,433 | |||
| Receivables | 35,775 | 38,748 | 39,441 | 36,279 | 51,432 | 58,035 | |||
| Inventory, net of allowances, customer advances and progress billings | 8,818 | 8,610 | 8,842 | 9,474 | 13,936 | 16,768 | |||
| Inventory | 8,818 | 8,610 | 8,842 | 9,474 | 13,936 | 16,768 | |||
| Prepaid expense | 3,988 | 4,018 | 4,125 | 4,065 | 4,783 | 4,937 | |||
| Other current assets | 3,978 | 3,540 | 4,207 | 3,979 | 6,807 | 6,202 | |||
| Total current assets: | 108,652 | 107,477 | 112,544 | 108,747 | 106,383 | 115,375 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 42,748 | ✕ | |||||||
| Operating lease, right-of-use asset | 32,838 | 28,163 | 29,360 | 37,859 | 41,238 | ✕ | |||
| Property, plant and equipment | 70,668 | ||||||||
| Intangible assets, net (including goodwill) | 121,213 | 121,259 | 121,376 | 121,566 | 123,047 | 126,177 | |||
| Goodwill | 121,051 | 121,051 | 121,051 | 121,051 | 121,051 | 121,051 | |||
| Intangible assets, net (excluding goodwill) | 162 | 208 | 325 | 515 | 1,996 | 5,126 | |||
| Deferred income tax assets | 4,383 | 7,993 | 13,293 | 17,261 | 19,755 | ✕ | |||
| Other noncurrent assets | 2,113 | 2,209 | 2,273 | 2,175 | 2,400 | 2,550 | |||
| Other undisclosed noncurrent assets | 40,925 | 40,214 | 45,153 | 57,830 | 27,586 | 24,946 | |||
| Total noncurrent assets: | 201,472 | 199,838 | 211,455 | 236,691 | 256,774 | 224,341 | |||
| TOTAL ASSETS: | 310,124 | 307,315 | 323,999 | 345,438 | 363,157 | 339,716 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 42,962 | 39,854 | 53,562 | 46,954 | 58,683 | 58,818 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2,200 | 422 | 443 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 11,857 | 10,088 | 14,569 | 17,029 | ||
| Accounts payable | 24,175 | 22,972 | 22,753 | 18,661 | 23,231 | 24,218 | |||
| Accrued liabilities | 18,787 | 16,882 | 16,752 | 17,783 | 20,440 | 17,571 | |||
| Debt | 8,870 | 11,558 | 13,816 | 17,557 | 17,075 | 22,132 | |||
| Accrued environmental loss contingencies | 2,200 | ||||||||
| Other undisclosed current liabilities | 17,125 | 21,159 | 8,084 | 11,736 | 10,617 | ||||
| Total current liabilities: | 71,157 | 72,571 | 75,462 | 76,247 | 86,375 | 80,950 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 53,366 | 54,916 | 64,426 | 79,679 | 89,082 | 105,060 | |||
| Finance lease, liability | 13,366 | 14,916 | 18,176 | 24,679 | 29,082 | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 40,000 | 40,000 | 21,298 | 21,439 | 22,740 | 105,060 | |||
| Liabilities, other than long-term debt | 29,876 | 23,538 | 167 | 1,615 | 400 | 6,404 | |||
| Deferred income tax liabilities | 52 | ✕ | |||||||
| Other liabilities | 2,467 | 199 | 167 | 1,615 | 400 | 6,404 | |||
| Operating lease, liability | 27,357 | 23,339 | 24,952 | 33,561 | 37,260 | ✕ | |||
| Other undisclosed noncurrent liabilities | 24,952 | 33,561 | 37,260 | ||||||
| Total noncurrent liabilities: | 83,242 | 78,454 | 89,545 | 114,855 | 126,742 | 111,464 | |||
| Total liabilities: | 154,399 | 151,025 | 165,007 | 191,102 | 213,117 | 192,414 | |||
| Equity | |||||||||
| Equity, attributable to parent | 154,066 | 154,355 | 152,427 | 147,668 | 143,368 | 140,269 | |||
| Common stock | 52 | 51 | 50 | 49 | 49 | 48 | |||
| Treasury stock, value | (22,390) | (18,877) | (16,771) | (14,657) | (11,410) | (9,350) | |||
| Additional paid in capital | 136,460 | 132,952 | 129,881 | 127,755 | 126,117 | 123,525 | |||
| Accumulated other comprehensive loss | (4,200) | (4,187) | (2,501) | (2,787) | (3,357) | (3,351) | |||
| Retained earnings | 44,144 | 44,416 | 41,768 | 37,308 | 31,969 | 29,397 | |||
| Equity, attributable to noncontrolling interest | 1,659 | 1,935 | 6,565 | 6,668 | 6,672 | 7,033 | |||
| Total equity: | 155,725 | 156,290 | 158,992 | 154,336 | 150,040 | 147,302 | |||
| TOTAL LIABILITIES AND EQUITY: | 310,124 | 307,315 | 323,999 | 345,438 | 363,157 | 339,716 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 281,201 | 286,010 | 272,208 | 289,467 | 382,415 | 400,784 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (186,800) | (190,013) | (184,558) | (196,558) | (257,246) | (269,934) | ||
| Gross profit: | 94,401 | 95,997 | 87,650 | 92,909 | 125,169 | 130,850 | ||
| Operating expenses | (80,374) | (77,641) | (72,521) | (80,516) | (111,061) | (112,990) | ||
| Operating income: | 14,027 | 18,356 | 15,129 | 12,393 | 14,108 | 17,860 | ||
| Nonoperating income | 67 | 62 | 41 | 57 | 71 | 81 | ||
| Interest and debt expense | (1,633) | (1,796) | (2,147) | (3,908) | (5,615) | (5,880) | ||
| Income from continuing operations before income taxes: | 12,461 | 16,622 | 13,023 | 8,542 | 8,564 | 12,061 | ||
| Income tax expense | (4,387) | (5,832) | (4,181) | (2,749) | (5,724) | (3,334) | ||
| Income from continuing operations: | 8,074 | 10,790 | 8,842 | 5,793 | 2,840 | 8,727 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 8,842 | 5,793 | 2,840 | 8,727 | |
| Net income: | 8,074 | 10,790 | 8,842 | 5,793 | 2,840 | 8,727 | ||
| Net income attributable to noncontrolling interest | 161 | 304 | 301 | 395 | 175 | 146 | ||
| Net income available to common stockholders, diluted: | 8,235 | 11,094 | 9,143 | 6,188 | 3,015 | 8,873 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 8,074 | 10,790 | 8,842 | 5,793 | 2,840 | 8,727 | ||
| Other comprehensive income (loss) | (128) | (2,104) | 484 | 961 | (192) | (1,548) | ||
| Comprehensive income: | 7,946 | 8,686 | 9,326 | 6,754 | 2,648 | 7,179 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 276 | 722 | 103 | 4 | 361 | 341 | ||
| Comprehensive income, net of tax, attributable to parent: | 8,222 | 9,408 | 9,429 | 6,758 | 3,009 | 7,520 | ||
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.