Astec Industries, Inc. (ASTE) financial statements (2020 and earlier)

Company profile

Business Address 1725 SHEPHERD ROAD
CHATTANOOGA, TN 37421
State of Incorp. TN
Fiscal Year End December 31
SIC 3531 - Construction Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments68272630452867
Cash and cash equivalents49262529262665
Short-term investments191121922
Receivables120111136133131122141
Inventory, net of allowances, customer advances and progress billings295357361367356429395
Inventory295357361367356429395
Prepaid expense151716242427 
Other undisclosed current assets818182251839
Total current assets:506530558576561624642
Noncurrent Assets
Operating lease, right-of-use asset 44 
Property, plant and equipment190191192192192188185
Long-term investments and receivables16141615151515
Long-term investments16141615151515
Intangible assets, net (including goodwill)57323333584545
Goodwill33323333334545
Intangible assets, net (excluding goodwill)24   25  
Deferred income tax assets25   
Other noncurrent assets626272823136
Other undisclosed noncurrent assets 18192827  
Total noncurrent assets:294286291296294279282
TOTAL ASSETS:800816849872855903924
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities929210210710610798
Accounts payable57607076717465
Accrued liabilities10101011111112
Employee-related liabilities25222119242221
Deferred revenue434435 
Debt1000011
Provision for loss on contracts      68
Customer refund liability     17 
Self insurance reserve2222222
Contract with customer, liability43485245
Other liabilities34353538332828
Total current liabilities:173173174191189207243
Noncurrent Liabilities
Long-term debt and lease obligation11295760271
Long-term debt, excluding current maturities11295760271
Liabilities, other than long-term debt25232426212423
Deferred tax liabilities, net1111
Deferred income tax liabilities1   
Other liabilities24232425202222
Other undisclosed noncurrent liabilities 11    
Total noncurrent liabilities:25255482815024
Total liabilities:198198228273270257267
Stockholders' equity
Stockholders' equity attributable to parent, including:602617620599585646656
Common stock5   5  
Additional paid in capital123   121  
Accumulated other comprehensive loss(32)   (34)  
Retained earnings508   495  
Other undisclosed stockholders' equity attributable to parent(2)617620599(2)646656
Stockholders' equity attributable to noncontrolling interest1111111
Total stockholders' equity:602618621599585646657
TOTAL LIABILITIES AND EQUITY:800816849872855903924

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues283256305326317257273
Cost of revenue
(Cost of Goods and Services Sold)
(256)(204)(221)(249)(319)(198)(271)
Gross profit:27528377(2)581
Operating expenses(54)(49)(53)(58)(26)(51)(51)
Other undisclosed operating loss    (41)  
Operating income (loss):(27)33018(69)7(50)
Nonoperating income (expense)(1)000(1)01
Investment income, nonoperating 000 (0)0
Other nonoperating income (expense) 000 (0)0
Interest and debt expense(0)(0)(0)(1)(1)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes1   1  
Income (loss) from continuing operations before income taxes:(27)43018(70)7(49)
Income tax expense (benefit)8(1)(7)(4)23(0)9
Net income (loss):(18)32314(47)7(41)
Net income attributable to noncontrolling interest0000000
Net income (loss) available to common stockholders, diluted:(18)32314(47)7(41)

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):(18)32314(47)7(41)
Other comprehensive income (loss)5(4)(0)1(2)(2)(8)
Other undisclosed comprehensive income    61  
Comprehensive income (loss):(13)(1)2315125(49)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)000000
Other undisclosed comprehensive loss, net of tax, attributable to parent    (61)  
Comprehensive income (loss), net of tax, attributable to parent:(13)(0)2315(49)5(49)

Statements sources

The financial statements are based on the company's filings with the 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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