Core Laboratories N.V. (CLB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
VAN HEUVEN GOEDHARTLAAN 7 B 1181 LE AMSTELVEEN, 1181 LE |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 13,732 | 16,148 | 22,037 | 17,703 | 19,050 | 33,617 | 27,806 | ||
| Cash and cash equivalents | 13,732 | 16,148 | 22,037 | 17,703 | 19,050 | 33,617 | 27,806 | ||
| Receivables | 109,493 | 111,499 | 113,540 | 106,741 | 107,770 | 110,168 | 99,941 | ||
| Inventory, net of allowances, customer advances and progress billings | 54,795 | 52,551 | 48,224 | 45,443 | 44,056 | 38,946 | 39,117 | ||
| Inventory | 54,795 | 52,551 | 48,224 | 45,443 | 44,056 | 38,946 | 39,117 | ||
| Prepaid expense | 11,514 | 14,252 | 13,611 | 14,059 | 11,022 | 12,231 | 13,107 | ||
| Other current assets | 5,681 | 5,171 | 4,780 | 5,109 | 5,347 | 6,187 | 5,846 | ||
| Total current assets: | 195,215 | 199,621 | 202,192 | 189,055 | 187,245 | 201,149 | 185,817 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 56,589 | 57,964 | 60,168 | 61,387 | 65,379 | 66,482 | 70,295 | ||
| Property, plant and equipment | 107,252 | 109,176 | 109,926 | 110,952 | 112,736 | 112,398 | 113,491 | ||
| Intangible assets, net (including goodwill) | 107,096 | 107,282 | 107,424 | 107,584 | 107,691 | 107,762 | 107,868 | ||
| Goodwill | 99,445 | 99,445 | 99,445 | 99,445 | 99,445 | 99,445 | 99,445 | ||
| Intangible assets, net (excluding goodwill) | 7,651 | 7,837 | 7,979 | 8,139 | 8,246 | 8,317 | 8,423 | ||
| Deferred income tax assets | 70,652 | 68,918 | 67,698 | 70,462 | 72,918 | 70,083 | 67,966 | ||
| Other noncurrent assets | 33,386 | 34,579 | 37,510 | 41,413 | 40,310 | 40,551 | 39,009 | ||
| Total noncurrent assets: | 374,975 | 377,919 | 382,726 | 391,798 | 399,034 | 397,276 | 398,629 | ||
| TOTAL ASSETS: | 570,190 | 577,540 | 584,918 | 580,853 | 586,279 | 598,425 | 584,446 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 89,819 | 96,187 | 74,696 | 64,744 | 68,303 | 65,064 | 62,815 | ||
| Accounts payable | 34,343 | 36,106 | 34,405 | 29,726 | 35,015 | 30,383 | 25,500 | ||
| Accrued liabilities | 31,158 | 33,815 | 8,042 | 7,683 | 6,660 | 6,812 | 6,829 | ||
| Employee-related liabilities | 21,225 | 22,830 | 26,465 | 20,833 | 21,753 | 20,477 | 23,063 | ||
| Taxes payable | 3,093 | 3,436 | 5,784 | 6,502 | 4,875 | 7,392 | 7,423 | ||
| Deferred revenue | 2,062 | 1,300 | 1,319 | 1,167 | 1,074 | ||||
| Other undisclosed current liabilities | (2,460) | (278) | 23,004 | 24,738 | 23,331 | 24,623 | 21,644 | ||
| Total current liabilities: | 87,359 | 95,909 | 99,762 | 90,782 | 92,953 | 90,854 | 85,533 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 182,677 | 186,979 | 189,807 | 188,636 | 188,463 | 208,305 | 208,166 | ||
| Long-term debt, excluding current maturities | 182,677 | 186,979 | 189,807 | 188,636 | 188,463 | 208,305 | 208,166 | ||
| Operating lease, liability | 41,975 | 44,231 | 46,883 | 49,286 | 53,831 | 55,121 | 58,635 | ||
| Other undisclosed long-term debt and lease obligation | (41,975) | (44,231) | (46,883) | (49,286) | (53,831) | (55,121) | (58,635) | ||
| Liabilities, other than long-term debt | 74,971 | 77,089 | 82,515 | 91,583 | 90,429 | 90,312 | 86,315 | ||
| Deferred revenue | 85 | 435 | 435 | 435 | 411 | 511 | 249 | ||
| Deferred compensation liability, classified | 31,323 | 31,646 | 34,527 | 39,101 | 38,671 | 38,846 | 38,005 | ||
| Deferred income tax liabilities | 22,719 | 23,322 | 23,270 | 24,336 | 23,837 | 20,677 | 20,480 | ||
| Other liabilities | 20,844 | 21,686 | 24,283 | 27,711 | 27,510 | 30,278 | 27,581 | ||
| Other undisclosed noncurrent liabilities | 41,890 | 43,796 | 46,448 | 48,851 | 53,420 | 54,610 | 58,386 | ||
| Total noncurrent liabilities: | 299,538 | 307,864 | 318,770 | 329,070 | 332,312 | 353,227 | 352,867 | ||
| Total liabilities: | 386,897 | 403,773 | 418,532 | 419,852 | 425,265 | 444,081 | 438,400 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 178,536 | 169,137 | 161,785 | 156,449 | 156,561 | 150,025 | 141,884 | ||
| Common stock | 1,188 | 1,188 | 1,188 | 1,188 | 1,188 | 1,188 | 1,188 | ||
| Treasury stock, value | (4,143) | (4,682) | (5,736) | (4,075) | (7,084) | (4,992) | (12,916) | ||
| Additional paid in capital | 106,329 | 104,779 | 107,088 | 101,120 | 106,027 | 98,255 | 103,358 | ||
| Accumulated other comprehensive loss | (4,500) | (4,749) | (6,753) | (10,133) | (9,693) | (10,138) | (7,861) | ||
| Retained earnings | 79,662 | 72,601 | 65,998 | 68,349 | 66,123 | 65,712 | 58,115 | ||
| Stockholders' equity attributable to noncontrolling interest | 4,757 | 4,630 | 4,601 | 4,552 | 4,453 | 4,319 | 4,162 | ||
| Total stockholders' equity: | 183,293 | 173,767 | 166,386 | 161,001 | 161,014 | 154,344 | 146,046 | ||
| TOTAL LIABILITIES AND EQUITY: | 570,190 | 577,540 | 584,918 | 580,853 | 586,279 | 598,425 | 584,446 | ||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 125,966 | 120,898 | 115,300 | 125,139 | 117,985 | 118,745 | 108,383 | |
| Gross profit: | 125,966 | 120,898 | 115,300 | 125,139 | 117,985 | 118,745 | 108,383 | |
| Operating expenses | (172) | (171) | (173) | (175) | (174) | (175) | (238) | |
| Other operating income (expense), net | 1,781 | (82) | (1,637) | 1,373 | (1,184) | 2,317 | 721 | |
| Other undisclosed operating loss | (112,930) | (108,993) | (113,881) | (112,137) | (109,987) | (108,087) | (97,244) | |
| Operating income (loss): | 14,645 | 11,652 | (391) | 14,200 | 6,640 | 12,800 | 11,622 | |
| Interest and debt expense | (3,138) | (2,707) | (2,644) | (2,590) | (2,669) | (2,530) | (1,363) | |
| Income (loss) from continuing operations before income taxes: | 11,507 | 8,945 | (3,035) | 11,610 | 3,971 | 10,270 | 10,259 | |
| Income tax expense (benefit) | (3,856) | (1,789) | 1,196 | (8,823) | (2,962) | (2,053) | (2,052) | |
| Net income (loss): | 7,651 | 7,156 | (1,839) | 2,787 | 1,009 | 8,217 | 8,207 | |
| Net loss attributable to noncontrolling interest | (127) | (90) | (49) | (99) | (135) | (157) | (102) | |
| Net income (loss) available to common stockholders, diluted: | 7,524 | 7,066 | (1,888) | 2,688 | 874 | 8,060 | 8,105 | |
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 7,651 | 7,156 | (1,839) | 2,787 | 1,009 | 8,217 | 8,207 | |
| Other comprehensive income (loss) | 249 | 2,004 | 3,380 | (440) | 445 | (2,277) | (661) | |
| Comprehensive income: | 7,900 | 9,160 | 1,541 | 2,347 | 1,454 | 5,940 | 7,546 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (127) | (90) | (49) | (99) | (135) | (157) | (102) | |
| Comprehensive income, net of tax, attributable to parent: | 7,773 | 9,070 | 1,492 | 2,248 | 1,319 | 5,783 | 7,444 | |
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.