CDK Global, Inc. (CDK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1950 HASSELL ROAD HOFFMAN ESTATES, IL 60169 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 108,600 | 80,800 | 157,000 | 1,131,800 | 62,800 | 281,100 | |||
| Cash and cash equivalents | 108,600 | 80,800 | 157,000 | 1,131,800 | 62,800 | 281,100 | |||
| Receivables | 239,800 | 234,800 | 236,400 | 248,700 | 228,400 | 288,700 | |||
| Disposal group, including discontinued operation | 762,200 | ||||||||
| Other current assets | 132,000 | 161,100 | 168,900 | 182,000 | 146,100 | 176,400 | |||
| Total current assets: | 480,400 | 476,700 | 562,300 | 1,562,500 | 1,199,500 | 746,200 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 70,200 | 66,400 | 71,800 | 79,400 | 85,800 | 105,200 | |||
| Intangible assets, net (including goodwill) | 1,816,000 | 1,633,700 | 1,629,800 | 1,266,500 | 1,236,700 | 1,599,900 | |||
| Goodwill | 1,437,800 | 1,296,600 | 1,297,100 | 1,013,600 | 1,001,000 | 1,362,900 | |||
| Intangible assets, net (excluding goodwill) | 378,200 | 337,100 | 332,700 | 252,900 | 235,700 | 237,000 | |||
| Other noncurrent assets | 469,900 | 458,300 | 448,700 | 413,400 | 413,400 | 464,400 | |||
| Total noncurrent assets: | 2,356,100 | 2,158,400 | 2,150,300 | 1,759,300 | 1,735,900 | 2,169,500 | |||
| TOTAL ASSETS: | 2,836,500 | 2,635,100 | 2,712,600 | 3,321,800 | 2,935,400 | 2,915,700 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 81,400 | 71,900 | 110,500 | 260,300 | 77,700 | 108,300 | |||
| Taxes payable | ✕ | 165,000 | |||||||
| Employee-related liabilities | 55,700 | 48,300 | 81,500 | 66,100 | 53,100 | 68,900 | |||
| Accounts payable | 25,700 | 23,600 | 29,000 | 29,200 | 24,600 | 39,400 | |||
| Deferred revenue | 30,300 | 29,600 | 28,600 | 39,600 | 42,100 | 104,200 | |||
| Debt | 5,800 | 4,800 | 7,100 | 500,300 | 320,300 | 320,500 | |||
| Estimated litigation liability | 34,000 | 34,000 | 34,000 | 34,000 | 34,000 | 69,000 | |||
| Disposal group, including discontinued operation | 158,200 | ||||||||
| Other undisclosed current liabilities | 197,400 | 194,800 | 188,100 | 207,300 | 175,100 | 232,400 | |||
| Total current liabilities: | 348,900 | 335,100 | 368,300 | 1,041,500 | 807,400 | 834,400 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 1,817,000 | 1,586,100 | 1,586,500 | 1,589,400 | 2,333,500 | 2,356,900 | |||
| Finance lease, liability | 3,800 | ||||||||
| Other undisclosed long-term debt and lease obligation | 1,817,000 | 1,586,100 | 1,551,600 | 1,589,400 | 2,333,500 | 2,356,900 | |||
| Liabilities, other than long-term debt | 254,200 | 252,600 | 262,900 | 225,200 | 219,700 | 238,900 | |||
| Deferred revenue | 37,500 | 39,100 | 40,400 | 41,700 | 40,400 | 47,000 | |||
| Deferred income tax liabilities | 117,000 | 112,200 | 111,400 | 80,000 | 78,400 | 79,500 | |||
| Other liabilities | 99,700 | 101,300 | 111,100 | 103,500 | 100,900 | 112,400 | |||
| Operating lease, liability | 31,100 | ||||||||
| Total noncurrent liabilities: | 2,071,200 | 1,838,700 | 1,849,400 | 1,814,600 | 2,553,200 | 2,595,800 | |||
| Total liabilities: | 2,420,100 | 2,173,800 | 2,217,700 | 2,856,100 | 3,360,600 | 3,430,200 | |||
| Equity | |||||||||
| Equity, attributable to parent | 402,400 | 447,400 | 480,800 | 450,400 | (438,500) | (531,000) | |||
| Common stock | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | |||
| Treasury stock, value | (2,486,000) | (2,379,500) | (2,306,000) | (2,294,900) | (2,295,300) | (2,298,200) | |||
| Additional paid in capital | 719,800 | 704,100 | 715,100 | 705,000 | 696,300 | 689,700 | |||
| Accumulated other comprehensive income | 70,900 | 70,600 | 72,700 | 72,100 | 34,500 | 1,300 | |||
| Retained earnings | 2,096,100 | 2,050,600 | 1,997,400 | 1,966,600 | 1,124,400 | 1,074,600 | |||
| Equity, attributable to noncontrolling interest | 14,000 | 13,900 | 14,100 | 15,300 | 13,300 | 16,500 | |||
| Total equity: | 416,400 | 461,300 | 494,900 | 465,700 | (425,200) | (514,500) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,836,500 | 2,635,100 | 2,712,600 | 3,321,800 | 2,935,400 | 2,915,700 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 436,700 | 440,000 | 420,100 | 433,100 | 406,300 | 493,600 | ||
| Cost of revenue | (229,900) | (226,700) | (221,300) | (221,300) | (207,700) | (262,100) | ||
| Gross profit: | 206,800 | 213,300 | 198,800 | 211,800 | 198,600 | 231,500 | ||
| Operating expenses | (99,100) | (97,600) | (97,100) | (90,200) | (85,000) | (112,200) | ||
| Other undisclosed operating loss | (20,700) | |||||||
| Operating income: | 107,700 | 115,700 | 101,700 | 121,600 | 113,600 | 98,600 | ||
| Nonoperating income (Other Nonoperating income) | 3,900 | 3,100 | 4,600 | 3,600 | 4,000 | 23,700 | ||
| Interest and debt expense | (22,300) | (19,300) | (46,800) | (34,400) | (34,300) | (34,700) | ||
| Income from continuing operations before equity method investments, income taxes: | 89,300 | 99,500 | 59,500 | 90,800 | 83,300 | 87,600 | ||
| Loss from equity method investments | (1,400) | (1,200) | (2,500) | (19,600) | (1,800) | |||
| Other undisclosed loss from continuing operations before income taxes | (3,400) | |||||||
| Income from continuing operations before income taxes: | 87,900 | 98,300 | 57,000 | 71,200 | 81,500 | 84,200 | ||
| Income tax expense | (24,100) | (25,100) | (20,700) | (24,100) | (22,700) | (26,400) | ||
| Income from continuing operations: | 63,800 | 73,200 | 36,300 | 47,100 | 58,800 | 57,800 | ||
| Income before gain (loss) on sale of properties: | 65,400 | 73,700 | 52,000 | 862,900 | 70,100 | 58,000 | ||
| Income (loss) from discontinued operations | 1,600 | 500 | 15,700 | 815,800 | 11,300 | 200 | ||
| Net income: | 65,400 | 73,700 | 52,000 | 862,900 | 70,100 | 58,000 | ||
| Net loss attributable to noncontrolling interest | (1,700) | (2,000) | (2,600) | (2,000) | (1,800) | (2,300) | ||
| Net income available to common stockholders, diluted: | 63,700 | 71,700 | 49,400 | 860,900 | 68,300 | 55,700 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 Q3 | 12/31/2021 Q2 | 9/30/2021 Q1 | 6/30/2021 Q4 | 3/31/2021 Q3 | 12/31/2020 Q2 | 9/30/2020 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 65,400 | 73,700 | 52,000 | 862,900 | 70,100 | 58,000 | ||
| Other comprehensive income (loss) | 300 | (2,100) | 600 | 37,600 | 33,200 | 27,200 | ||
| Comprehensive income: | 65,700 | 71,600 | 52,600 | 900,500 | 103,300 | 85,200 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,700) | (2,000) | (2,600) | (2,000) | (1,800) | (2,300) | ||
| Comprehensive income, net of tax, attributable to parent: | 64,000 | 69,600 | 50,000 | 898,500 | 101,500 | 82,900 | ||
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.