Cubic Corporation (CUB) Financial Statements (2024 and earlier)
Company Profile
Business Address |
9333 BALBOA AVE SAN DIEGO, CA 92123 |
State of Incorp. | DE |
Fiscal Year End | September 30 |
Industry (SIC) | 3829 - Measuring and Controlling Devices, Not Elsewhere Classified (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
3/31/2021 Q2 | 12/31/2020 Q1 | 9/30/2020 Q4 | 6/30/2020 Q3 | 3/31/2020 Q2 | 12/31/2019 Q1 | 9/30/2019 Q4 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Receivables | 114,464 | 160,953 | 122,381 | 133,768 | |||||
Inventory, net of allowances, customer advances and progress billings | 130,865 | 151,613 | 122,912 | 106,794 | |||||
Inventory | 130,865 | 151,613 | 122,912 | 106,794 | |||||
Contract with customer, asset, after allowance for credit loss | 288,256 | 253,900 | 320,188 | 349,559 | |||||
Other undisclosed current assets | 185,643 | 169,410 | 143,478 | 134,188 | |||||
Total current assets: | 719,228 | 735,876 | 708,959 | 724,309 | |||||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 13,200 | ||||||||
Operating lease, right-of-use asset | 84,646 | 82,141 | 80,747 | ||||||
Property, plant and equipment | 165,576 | 160,547 | 151,218 | 144,969 | |||||
Intangible assets, net (including goodwill) | 982,208 | 1,009,920 | 738,411 | 743,710 | |||||
Goodwill | 787,741 | 783,368 | 582,549 | 578,097 | |||||
Intangible assets, net (excluding goodwill) | 194,467 | 226,552 | 155,862 | 165,613 | |||||
Deferred income tax assets | 5,599 | 8,932 | 5,169 | 4,098 | |||||
Other noncurrent assets | 34,789 | 76,872 | |||||||
Other undisclosed noncurrent assets | 294,352 | 264,396 | 235,525 | 153,212 | |||||
Total noncurrent assets: | 1,580,370 | 1,525,936 | 1,211,070 | 1,122,861 | |||||
TOTAL ASSETS: | 2,299,598 | 2,261,812 | 1,920,029 | 1,847,170 | |||||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 125,349 | 118,146 | 5,893 | 59,116 | |||||
Taxes payable | 1,116 | 814 | 5,893 | 773 | |||||
Employee-related liabilities | 124,233 | 117,332 | 58,343 | ||||||
Deferred revenue | 80,429 | 71,269 | 62,500 | 46,170 | |||||
Debt | 221,090 | 288,250 | 237,214 | 206,214 | |||||
Self insurance reserve | 5,100 | 6,800 | 7,300 | 7,400 | |||||
Other undisclosed current liabilities | 98,633 | 114,778 | 205,631 | 210,259 | |||||
Total current liabilities: | 530,601 | 599,243 | 518,538 | 529,159 | |||||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 89,002 | 75,468 | 73,924 | 189,111 | |||||
Long-term debt, excluding current maturities | 189,111 | ||||||||
Finance lease, liability | 10,386 | ||||||||
Liabilities, other than long-term debt | 10,100 | 10,900 | 11,800 | 41,917 | |||||
Accounts payable and accrued liabilities | 937 | ||||||||
Deferred compensation liability, classified | 10,100 | 10,900 | 11,800 | 11,040 | |||||
Deferred income tax liabilities | 4,554 | ||||||||
Liability, pension and other postretirement and postemployment benefits | 25,386 | ||||||||
Operating lease, liability | 78,616 | 75,468 | 73,924 | ||||||
Other undisclosed noncurrent liabilities | 676,017 | 662,346 | 341,239 | 106,415 | |||||
Total noncurrent liabilities: | 775,119 | 748,714 | 426,963 | 337,443 | |||||
Total liabilities: | 1,305,720 | 1,347,957 | 945,501 | 866,602 | |||||
Equity | |||||||||
Equity, attributable to parent | 960,758 | 892,863 | 951,619 | 961,649 | |||||
Common stock | 297,655 | 287,252 | 276,497 | 274,472 | |||||
Treasury stock, value | (36,078) | (36,078) | (36,078) | (36,078) | |||||
Accumulated other comprehensive loss | (138,296) | (155,357) | (130,349) | (139,693) | |||||
Retained earnings | 837,477 | 797,046 | 841,549 | 862,948 | |||||
Equity, attributable to noncontrolling interest | 33,120 | 20,992 | 22,909 | 18,919 | |||||
Other undisclosed equity | |||||||||
Total equity: | 993,878 | 913,855 | 974,528 | 980,568 | |||||
TOTAL LIABILITIES AND EQUITY: | 2,299,598 | 2,261,812 | 1,920,029 | 1,847,170 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
3/31/2021 Q2 | 12/31/2020 Q1 | 9/30/2020 Q4 | 6/30/2020 Q3 | 3/31/2020 Q2 | 12/31/2019 Q1 | 9/30/2019 Q4 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 318,794 | (1,000,760) | 350,439 | 328,839 | 471,198 | |||
Cost of revenue | (221,349) | (231,496) | (249,491) | (348,859) | ||||
Gross profit: | 97,445 | 118,943 | 79,348 | 122,339 | ||||
Operating expenses | (96,148) | (94,237) | (85,831) | (63,720) | ||||
Operating income (loss): | 1,297 | 24,706 | (6,483) | 58,619 | ||||
Nonoperating income (expense) | 3,085 | (4,776) | 2,091 | (712) | ||||
Investment income, nonoperating | 1,789 | 1,997 | 2,218 | 2,176 | ||||
Other nonoperating income (expense) | 1,296 | (6,773) | (127) | (2,888) | ||||
Interest and debt expense | (8,171) | (7,366) | (5,363) | (5,758) | ||||
Income (loss) from continuing operations before income taxes: | (3,789) | 12,564 | (9,755) | 52,149 | ||||
Income tax expense | (3,489) | (4,602) | (6,246) | (11,345) | ||||
Income (loss) from continuing operations: | (7,278) | 7,962 | (16,001) | 40,804 | ||||
Income (loss) before gain (loss) on sale of properties: | (7,278) | ✕ | 8,214 | ✕ | (16,585) | 40,922 | ||
Income (loss) from discontinued operations | 252 | (584) | 118 | |||||
Net income (loss): | (7,278) | 8,214 | (16,585) | 40,922 | ||||
Net income (loss) attributable to noncontrolling interest | (5,717) | (9,369) | (3,990) | 841 | ||||
Net income (loss) available to common stockholders, diluted: | (12,995) | (1,155) | (20,575) | 41,763 |
Comprehensive Income ($ in thousands)Annual | Quarterly
3/31/2021 Q2 | 12/31/2020 Q1 | 9/30/2020 Q4 | 6/30/2020 Q3 | 3/31/2020 Q2 | 12/31/2019 Q1 | 9/30/2019 Q4 | ||
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Net income (loss): | (7,278) | 8,214 | (16,585) | 40,922 | ||||
Other comprehensive income (loss) | 11,307 | (7,198) | 9,344 | (27,223) | ||||
Comprehensive income (loss): | 4,029 | 1,016 | (7,241) | 13,699 | ||||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (5,717) | (9,369) | (3,990) | 841 | ||||
Comprehensive income (loss), net of tax, attributable to parent: | (1,688) | (8,353) | (11,231) | 14,540 |
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.