Ducommun Incorporated (DCO) Financial Statements (2024 and earlier)

Company Profile

Business Address 200 SANDPOINTE AVENUE
SANTA ANA, CA 92707
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3728 - Aircraft Parts and Auxiliary Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments42,86346,24676,31656,46639,58410,263
Cash and cash equivalents42,86346,24676,31656,46639,58410,263
Receivables104,692103,95874,26158,02567,13367,819
Inventory, net of allowances, customer advances and progress billings199,201171,211150,938129,223112,482101,125
Inventory199,201171,211150,938129,223112,482101,125
Contract with customer, asset, after allowance for credit loss177,686191,290176,405154,028106,67086,665
Other current assets17,3498,9388,6255,5715,4979,839
Other undisclosed current assets7,7785,6936,0246,9719,40211,679
Total current assets:549,569527,336492,569410,284340,768287,390
Noncurrent Assets
Operating lease, right-of-use asset29,51334,63233,26516,34819,105
Property, plant and equipment111,379106,225102,419109,990115,216107,045
Intangible assets, net (including goodwill)410,943330,608345,458295,574309,279248,149
Goodwill244,600203,407203,694170,830170,917136,057
Intangible assets, net (excluding goodwill)166,343127,201141,764124,744138,362112,092
Deferred income tax assets641  3355
Other noncurrent assets18,87422,7055,0245,1186,0065,251
Other undisclosed noncurrent assets      308
Total noncurrent assets:571,350494,170486,166427,063449,661360,753
TOTAL ASSETS:1,120,9191,021,506978,735837,347790,429648,143
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities114,525138,963107,777105,111120,217107,060
Employee-related liabilities427605  
Accounts payable72,26590,14366,05963,98082,59769,274
Accrued liabilities42,26048,82041,29140,52637,62037,786
Deferred revenue53,49247,06842,07728,26414,517
Debt7,8136,2507,0007,0007,0002,330
Contract with customer, liability17,145
Other undisclosed current liabilities7,8737,1555,7062,5272,956 
Total current liabilities:183,703199,436162,560142,902144,690126,535
Noncurrent Liabilities
Long-term debt and lease obligation, including:256,961240,595279,384311,922300,887226,961
Long-term debt, excluding current maturities258,175242,188280,712313,638303,000230,670
Other undisclosed long-term debt and lease obligation(1,214)(1,593)(29,402)(16,271)(19,678)(3,709)
Liabilities, other than long-term debt44,16155,51539,79550,20145,12929,374
Deferred income tax liabilities4,76613,95318,72716,99216,766
Liability, pension and other postretirement and postemployment benefits   5,68011,56710,6429,622
Other liabilities16,44812,72115,38821,64217,72119,752
Operating lease, liability22,94728,84128,07414,55517,565
Other undisclosed noncurrent liabilities   22,3942,9886,9238,448
Total noncurrent liabilities:301,122296,110341,573365,111352,939264,783
Total liabilities:484,825495,546504,133508,013497,629391,318
Equity
Equity, attributable to parent636,094525,960474,602329,334292,800256,825
Common stock146121119117116114
Additional paid in capital206,197112,042104,25397,09088,39983,712
Accumulated other comprehensive income (loss)7,7717,745(7,033)(9,600)(8,268)(7,357)
Retained earnings421,980406,052377,263241,727212,553180,356
Total equity:636,094525,960474,602329,334292,800256,825
TOTAL LIABILITIES AND EQUITY:1,120,9191,021,506978,735837,347790,429648,143

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues756,992712,537645,413628,941721,088629,307
Cost of revenue
(Cost of Goods and Services Sold)
(593,805)(568,240)(502,953)(491,203)(568,891)(506,711)
Gross profit:163,187144,297142,460137,738152,197122,596
Operating expenses(134,270)(104,509)(93,579)(92,232)(95,964)(98,678)
Operating income:28,91739,78848,88145,50656,23323,918
Interest and debt expense (48)(295)(62)(56)(180)(926)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (13,469)(18,290)(12,721)
Income from continuing operations before equity method investments, income taxes:28,86939,49348,81931,98137,76310,271
Other undisclosed income (loss) from continuing operations before income taxes(12,490)(6,171)121,665   
Income from continuing operations before income taxes:16,37933,322170,48431,98137,76310,271
Income tax expense(451)(4,533)(34,948)(2,807)(5,302)(1,236)
Income from continuing operations:15,92828,789135,53629,17432,4619,035
Income before gain (loss) on sale of properties:135,53629,17432,4619,035
Net income available to common stockholders, diluted:15,92828,789135,53629,17432,4619,035

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:15,92828,789135,53629,17432,4619,035
Other comprehensive income (loss)22014,7782,567(1,332)(911)78
Comprehensive income:16,14843,567138,10327,84231,5509,113
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(194)     
Comprehensive income, net of tax, attributable to parent:15,95443,567138,10327,84231,5509,113

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: