Carbo Ceramics, Inc. (CRR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
575 NORTH DAIRY ASHFORD HOUSTON, TX 77079 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 329 - Abrasive, Asbestos, And Miscellaneous (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 72,752 | 68,169 | 91,680 | 78,866 | 24,298 | 94,250 | |||
| Cash and cash equivalents | 72,752 | 68,169 | 91,680 | 78,866 | 24,298 | 94,250 | |||
| Restricted cash and investments | 1,725 | 6,935 | |||||||
| Receivables | 1,482 | (1,056) | (2,154) | 34,412 | (758) | 123,096 | |||
| Inventory, net of allowances, customer advances and progress billings | 64,014 | 78,999 | 97,174 | 104,558 | 144,443 | 134,260 | |||
| Inventory | 64,014 | 78,999 | 97,174 | 104,558 | 144,443 | 134,260 | |||
| Other undisclosed current assets | 41,284 | 42,750 | 30,523 | 67,441 | 169,628 | 19,776 | |||
| Total current assets: | 181,257 | 195,797 | 217,223 | 285,277 | 337,611 | 371,382 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Nontrade receivables | 2,389 | ✕ | |||||||
| Property, plant and equipment | 273,619 | 324,186 | 494,103 | 537,731 | 568,716 | 478,535 | |||
| Intangible assets, net (including goodwill) | (5,341) | (4,956) | (4,035) | (3,120) | 6,779 | 8,093 | |||
| Goodwill | 3,500 | 3,500 | 3,500 | 3,500 | 12,164 | 12,164 | |||
| Intangible assets, net (excluding goodwill) | (8,841) | (8,456) | (7,535) | (6,620) | (5,385) | (4,071) | |||
| Restricted cash and investments | 8,840 | 3,281 | |||||||
| Other noncurrent assets | 1,034 | 5,434 | 1,524 | 1,962 | 1,041 | 445 | |||
| Other undisclosed noncurrent assets | 14,957 | 14,467 | 14,642 | 14,519 | 20,079 | 20,496 | |||
| Total noncurrent assets: | 293,109 | 344,801 | 506,234 | 551,092 | 596,615 | 507,569 | |||
| TOTAL ASSETS: | 474,366 | 540,598 | 723,457 | 836,369 | 934,226 | 878,951 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 34,156 | 37,602 | 19,061 | 27,982 | 46,490 | 38,220 | |||
| Taxes payable | 139 | ||||||||
| Employee-related liabilities | 6,950 | 6,056 | 3,434 | 6,003 | 12,466 | 13,650 | |||
| Accounts payable | 12,174 | 19,417 | 7,782 | 10,709 | 22,922 | 24,570 | |||
| Accrued liabilities | 15,032 | 12,129 | 7,845 | 11,131 | 11,102 | ||||
| Debt | 15,733 | 13,000 | 33,000 | 25,000 | |||||
| Derivative instruments and hedges, liabilities | 2,537 | 1,599 | 6,240 | ||||||
| Other liabilities | 1,192 | ||||||||
| Due to related parties | 27,040 | ||||||||
| Other undisclosed current liabilities | 2,434 | 2,292 | 1,144 | 3,068 | 5,925 | 18,468 | |||
| Total current liabilities: | 80,555 | 42,431 | 34,804 | 70,290 | 77,415 | 56,688 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 55,000 | ||||||||
| Long-term debt, excluding current maturities | 55,000 | ||||||||
| Liabilities, other than long-term debt | 11,878 | 31,704 | 29,679 | 68,773 | 80,754 | 53,676 | |||
| Deferred tax liabilities, net | ✕ | 1,114 | 230 | 1,236 | 63,858 | 80,754 | 53,676 | ||
| Due to related parties | 27,040 | 25,000 | |||||||
| Other liabilities | 10,764 | 4,434 | 3,443 | ||||||
| Derivative instruments and hedges, liabilities | 4,915 | ||||||||
| Total noncurrent liabilities: | 11,878 | 31,704 | 29,679 | 123,773 | 80,754 | 53,676 | |||
| Total liabilities: | 92,433 | 74,135 | 64,483 | 194,063 | 158,169 | 110,364 | |||
| Equity | |||||||||
| Equity, attributable to parent | 336,283 | 405,765 | 616,570 | 642,306 | 776,057 | 768,587 | |||
| Common stock | 277 | 271 | 269 | 233 | 231 | 231 | |||
| Additional paid in capital | 132,080 | 125,715 | 117,192 | 65,067 | 59,297 | 56,782 | |||
| Accumulated other comprehensive loss | (34,326) | (37,702) | (22,969) | (3,261) | |||||
| Retained earnings (accumulated deficit) | 203,926 | 279,779 | 533,435 | 614,708 | 739,498 | 714,835 | |||
| Total equity: | 336,283 | 405,765 | 616,570 | 642,306 | 776,057 | 768,587 | |||
| Other undisclosed liabilities and equity | 45,650 | 60,698 | 42,404 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 474,366 | 540,598 | 723,457 | 836,369 | 934,226 | 878,951 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 210,745 | 188,756 | 103,051 | 279,574 | 648,325 | 667,398 | ||
| Revenue, net | ✕ | ✕ | 188,756 | 103,051 | 279,574 | 648,325 | 667,398 | |
| Cost of revenue (Cost of Goods and Services Sold) | (32,269) | (242,081) | (188,065) | (335,699) | (467,045) | (474,403) | ||
| Other undisclosed gross profit | (201,165) | |||||||
| Gross profit: | (22,689) | (53,325) | (85,014) | (56,125) | 181,280 | 192,995 | ||
| Operating expenses | (41,563) | (42,552) | (39,808) | (77,362) | (100,369) | (78,390) | ||
| Other operating income (expense), net | 332 | |||||||
| Other undisclosed operating income (loss) | (2,655) | (152,506) | (1,080) | (29,745) | 11,944 | 9,986 | ||
| Operating income (loss): | (66,575) | (248,383) | (125,902) | (163,232) | 92,855 | 124,591 | ||
| Nonoperating income (expense) | (7,966) | (6,760) | (5,306) | (517) | 16 | 610 | ||
| Gain (loss), foreign currency transaction, before tax | 35 | 119 | 94 | (303) | ||||
| Other nonoperating income (expense) | 537 | 905 | 10 | (141) | (278) | (150) | ||
| Interest and debt expense | ||||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (74,541) | (255,143) | (131,208) | (163,749) | 92,871 | 125,201 | ||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | (74,541) | (255,143) | (131,208) | (163,749) | 92,871 | 125,201 | ||
| Income tax expense (benefit) | (892) | 2,027 | 51,081 | 54,205 | (37,283) | (40,315) | ||
| Income (loss) from continuing operations: | (75,433) | (253,116) | (80,127) | (109,544) | 55,588 | 84,886 | ||
| Income (loss) before gain (loss) on sale of properties: | (75,433) | (253,116) | (80,127) | (109,544) | 55,588 | 84,886 | ||
| Net income (loss) attributable to parent: | (75,433) | (253,116) | (80,127) | (109,544) | 55,588 | 84,886 | ||
| Other undisclosed net loss available to common stockholders, basic | (376) | |||||||
| Net income (loss) available to common stockholders, diluted: | (75,433) | (253,116) | (80,127) | (109,544) | 55,212 | 84,886 | ||
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (75,433) | (253,116) | (80,127) | (109,544) | 55,588 | 84,886 | ||
| Other comprehensive income (loss) | 979 | 3,376 | (5,880) | (17,952) | ||||
| Comprehensive income (loss): | (75,433) | (252,137) | (76,751) | (115,424) | 37,636 | 84,886 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 33,347 | (8,853) | (1,756) | (1,321) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (75,433) | (218,790) | (76,751) | (124,277) | 35,880 | 83,565 | ||
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.