CSW Industrials Inc. (CSWI) Financial Statements (2024 and earlier)

Company Profile

Business Address 5420 LYNDON B. JOHNSON FREEWAY
DALLAS, TX 75240
State of Incorp. DE
Fiscal Year End March 31
Industry (SIC) 2891 - Adhesives and Sealants (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2024
12/31/2023
MRQ
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24,98818,45516,61910,08818,33826,651
Cash and cash equivalents24,98818,45516,61910,08818,33826,651
Receivables104,522122,753122,80496,69574,88066,136
Inventory, net of allowances, customer advances and progress billings151,386161,569150,11498,08653,75351,429
Inventory151,386161,569150,11498,08653,75351,429
Prepaid expense 9,485    
Derivative instruments and hedges, assets 877    
Disposal group, including discontinued operation      21
Other current assets 1,073    
Other undisclosed current assets26,6128,84410,6109,6843,0747,030
Total current assets:307,508323,056300,147214,553150,045151,267
Noncurrent Assets
Property, plant and equipment89,34488,23587,03282,55457,17853,639
Intangible assets, net (including goodwill)548,145561,643525,495501,855137,871136,761
Goodwill243,498242,740224,658218,79591,68686,295
Intangible assets, net (excluding goodwill)304,647318,903300,837283,06046,18550,466
Other noncurrent assets48,13470,51982,68675,99524,15110,965
Total noncurrent assets:685,623720,397695,213660,404219,200201,365
TOTAL ASSETS:993,1311,043,453995,360874,957369,245352,632
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities111,127108,039116,84182,18758,58548,450
Accounts payable43,42140,65147,83632,44421,97819,024
Accrued liabilities67,70667,38869,00549,74336,60729,426
Debt   561561561561
Disposal group, including discontinued operation      161
Total current liabilities:111,127108,039117,40282,74859,14649,172
Noncurrent Liabilities
Long-term debt and lease obligation153,000253,000252,214241,77610,33730,898
Long-term debt, excluding current maturities153,000253,000252,214241,77610,33730,898
Liabilities, other than long-term debt120,813138,275141,333138,42023,0218,876
Liability, pension and other postretirement and postemployment benefits1,1271,1581,0271,6951,8791,978
Disposal group, including discontinued operation, liabilities      784
Other liabilities119,686137,117140,306136,72521,1426,114
Total noncurrent liabilities:273,813391,275393,547380,19633,35839,774
Total liabilities:384,940499,314510,949462,94492,50488,946
Temporary equity, carrying amount19,11918,46415,325   
Equity
Equity, attributable to parent589,072525,675469,086412,013276,741263,686
Common stock164163162161159158
Treasury stock, value(91,016)(82,734)(46,448)(34,075)(75,377)(49,964)
Additional paid in capital134,247123,336112,924104,68948,32746,633
Accumulated other comprehensive loss(8,612)(8,409)(5,074)(5,996)(11,446)(10,729)
Retained earnings554,289493,319407,522347,234315,078277,588
Total equity:589,072525,675469,086412,013276,741263,686
TOTAL LIABILITIES AND EQUITY:993,1311,043,453995,360874,957369,245352,632

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

3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Revenues886,748757,904626,435419,205385,871350,155
Cost of revenue
(Cost of Goods and Services Sold)
(493,118)(439,690)(370,473)(234,405)(208,821)(188,785)
Gross profit:393,630318,214255,962184,800177,050161,370
Operating expenses(206,298)(179,148)(158,582)(125,330)(110,983)(100,930)
Operating income:187,332139,06697,38059,47066,06760,440
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(5,714)42(466)(5,969)(7,135)2,443
Income from continuing operations before equity method investments, income taxes:181,618139,10896,91453,50158,93262,883
Other undisclosed loss from continuing operations before income taxes(19,126)(13,197)(5,449)(2,383)(1,331)(1,442)
Income from continuing operations before income taxes:162,492125,91191,46551,11857,60161,441
Income tax expense(42,714)(29,337)(24,146)(10,830)(12,784)(15,389)
Income from continuing operations:119,77896,57467,31940,28844,81746,052
Income before gain (loss) on sale of properties:67,31940,28844,81746,052
Net income:119,77896,57467,31940,28844,81746,052
Net income (loss) attributable to noncontrolling interest191(139)(934)   
Other undisclosed net income (loss) attributable to parent     1,061(478)
Net income available to common stockholders, diluted:119,96996,43566,38540,28845,87845,574

Comprehensive Income ($ in thousands)

3/31/2024
12/31/2023
TTM
3/31/2023
3/31/2022
3/31/2021
3/31/2020
3/31/2019
Net income:119,77896,57467,31940,28844,81746,052
Other comprehensive income (loss)(3,476)(3,335)922   
Comprehensive income:116,30293,23968,24140,28844,81746,052
Comprehensive income (loss), net of tax, attributable to noncontrolling interest191(139)(934)   
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   5,450344(3,732)
Comprehensive income, net of tax, attributable to parent:116,49393,10067,30745,73845,16142,320

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: