Craft Brew Alliance, Inc. (BREW) Financial Statements (2024 and earlier)

Company Profile

Business Address 929 NORTH RUSSELL
PORTLAND, OR 97227
State of Incorp. WA
Fiscal Year End December 31
Industry (SIC) 2082 - Malt Beverages (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2020
MRQ
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   579442911981
Cash and cash equivalents   579442911981
Receivables 17,49229,99827,78424,00818,92611,991
Inventory, net of allowances, customer advances and progress billings 19,14217,21613,84419,09118,30018,971
Inventory 19,14217,21613,84419,09118,30018,971
Prepaid expense      4,413
Other current assets 3,9533,1214,3352,4952,4394,413
Other undisclosed current assets 4691,20022,9462,1441,905(2,993)
Total current assets: 41,05651,53569,48848,18042,48137,776
Noncurrent Assets
Property, plant and equipment 113,337113,189106,283121,970116,867110,350
Intangible assets, net (including goodwill) 24,35624,85528,94629,11929,29230,475
Goodwill 21,93521,98612,91712,91712,91712,917
Intangible assets, net (excluding goodwill) 2,4212,86916,02916,20216,37517,558
Other undisclosed noncurrent assets 70,63646,4684,9203,2801,694 
Total noncurrent assets: 208,329184,512140,149154,369147,853140,825
TOTAL ASSETS: 249,385236,047209,637202,549190,334178,601
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 31,10226,80525,96825,15124,57720,417
Employee-related liabilities 5,6755,6355,8774,9675,4685,114
Accounts payable 15,80417,55214,33816,07617,10012,987
Accrued liabilities 9,6233,6185,7534,1082,0092,316
Debt 1,7151,5196991,3175071,157
Estimated litigation liability 4,519     
Customer advances and deposits4,8166,4866,5598,152
Contract with customer, liability200 
Other undisclosed current liabilities 1,8729,538    
Total current liabilities: 39,40837,86231,48332,95431,64329,726
Noncurrent Liabilities
Long-term debt and lease obligation, including: 32,92046,57332,59927,94618,99113,720
Other undisclosed long-term debt and lease obligation 32,92046,57332,59927,94618,99113,720
Liabilities, other than long-term debt 20,7492,79614,76421,98820,96219,738
Contract with customer, liability19,488 
Deferred tax liabilities, net 12,88620,32519,66918,570
Other liabilities 9832,6801,6571,239724665
Derivative instruments and hedges, liabilities 278116221424569503
Other undisclosed noncurrent liabilities 31,00312,381    
Total noncurrent liabilities: 84,67261,75047,36349,93439,95333,458
Total liabilities: 124,08099,61278,84682,88871,59663,184
Equity
Equity, attributable to parent 125,305136,435130,791119,661118,738115,417
Common stock 979796969696
Additional paid in capital 145,923144,013142,196140,687139,534138,391
Accumulated other comprehensive loss (207)(86)(164)(262)(352)(312)
Accumulated deficit (20,508)(7,589)(11,337)(20,860)(20,540)(22,758)
Total equity: 125,305136,435130,791119,661118,738115,417
TOTAL LIABILITIES AND EQUITY: 249,385236,047209,637202,549190,334178,601

Income Statement (P&L) ($ in thousands)

6/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 192,971206,186207,456202,507204,168200,022
Revenue, net207,456202,507204,168200,022
Cost of revenue (130,122)(137,863)(142,198)(142,908)(141,972)(141,312)
Gross profit: 62,84968,32365,25859,59962,19658,710
Operating expenses (80,967)(62,572)(60,463)(59,224)(57,932)(53,241)
Other undisclosed operating income      241
Operating income (loss): (18,118)5,7514,7953754,2645,710
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
 350292(39)2826(180)
Interest and debt expense (1,850)(614)(715)(709)(572)(431)
Income (loss) from continuing operations before income taxes: (19,618)5,4294,041(306)3,7185,099
Income tax expense (benefit) 6,699(1,287)5,482(14)(1,500)(2,022)
Income (loss) from continuing operations: (12,919)4,1429,523(320)2,2183,077
Income (loss) before gain (loss) on sale of properties: (12,919)4,1429,523(320)2,2183,077
Net income (loss) available to common stockholders, diluted: (12,919)4,1429,523(320)2,2183,077

Comprehensive Income ($ in thousands)

6/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (12,919)4,1429,523(320)2,2183,077
Comprehensive income (loss): (12,919)4,1429,523(320)2,2183,077
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (121)789890(40)(312)
Comprehensive income (loss), net of tax, attributable to parent: (13,040)4,2209,621(230)2,1782,765

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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