Masonite International Corporation (DOOR) financial statements (2021 and earlier)
Company profile
| Business Address |
1242 EAST 5TH AVENUE TAMPA, FL 33605 |
| State of Incorp. | BC |
| Fiscal Year End | December 31 |
| SIC | 243 - Millwork, Veneer, Plywood, And Structural Wood (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 365 | 167 | 116 | 177 | 72 | 89 | 192 | ||
| Cash and cash equivalents | 365 | 167 | 116 | 177 | 72 | 89 | 192 | ||
| Restricted cash and investments | 11 | 11 | 10 | 12 | 12 | 13 | 13 | ||
| Receivables | 292 | 281 | 287 | 272 | 245 | 227 | 244 | ||
| Inventory, net of allowances, customer advances and progress billings | 261 | 242 | 250 | 234 | 226 | 208 | 223 | ||
| Inventory | 261 | 242 | 250 | 234 | 226 | 208 | 223 | ||
| Prepaid expense | 33 | 33 | 28 | 24 | 22 | 21 | |||
| Deferred tax assets | ✕ | ✕ | 21 | ||||||
| Other undisclosed current assets | 43 | ||||||||
| Total current assets: | 970 | 734 | 697 | 722 | 579 | 559 | 713 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 26 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 147 | 121 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 625 | 626 | 610 | 574 | 542 | 534 | 576 | ||
| Long-term investments and receivables | 15 | 16 | 13 | 11 | 9 | 19 | 9 | ||
| Long-term investments | 15 | 16 | 13 | 11 | 9 | 19 | 9 | ||
| Intangible assets, net (including goodwill) | 308 | 369 | 392 | 321 | 319 | 354 | 303 | ||
| Goodwill | 139 | 184 | 180 | 138 | 129 | 128 | 99 | ||
| Intangible assets, net (excluding goodwill) | 169 | 185 | 212 | 182 | 190 | 226 | 203 | ||
| Deferred income tax assets | 25 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 47 | 45 | 38 | 23 | 17 | 16 | 25 | ||
| Deferred tax assets, net | ✕ | ✕ | 29 | 30 | 9 | 17 | 21 | ||
| Other undisclosed noncurrent assets | 0 | ||||||||
| Total noncurrent assets: | 1,167 | 1,203 | 1,082 | 958 | 897 | 940 | 933 | ||
| TOTAL ASSETS: | 2,138 | 1,937 | 1,778 | 1,680 | 1,476 | 1,499 | 1,647 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 386 | 268 | 245 | 222 | 231 | 233 | 237 | ||
| Accounts payable | 97 | 85 | 96 | 94 | 96 | 96 | 98 | ||
| Accrued liabilities | 278 | 180 | 147 | 127 | 134 | 136 | 138 | ||
| Taxes payable | 11 | 2 | 2 | 1 | 1 | 0 | 1 | ||
| Total current liabilities: | 386 | 268 | 245 | 222 | 231 | 233 | 237 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 792 | 791 | 796 | 626 | 471 | 469 | 512 | ||
| Finance lease, liability | 27 | 27 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Operating lease, liability | 136 | 110 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 629 | 654 | 796 | 626 | 471 | 469 | 512 | ||
| Liabilities, other than long-term debt | 128 | 47 | 114 | 97 | 114 | 142 | 162 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 82 | 61 | 70 | 99 | 108 | ||
| Deferred income tax liabilities | 73 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 55 | 47 | 32 | 36 | 44 | 44 | 54 | ||
| Other undisclosed noncurrent liabilities | 136 | 194 | |||||||
| Total noncurrent liabilities: | 1,057 | 1,032 | 911 | 722 | 585 | 611 | 674 | ||
| Total liabilities: | 1,443 | 1,300 | 1,156 | 944 | 816 | 844 | 911 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 685 | 625 | 610 | 723 | 647 | 642 | 709 | ||
| Common stock | 553 | 559 | 575 | 624 | 650 | 664 | 657 | ||
| Additional paid in capital | 224 | 217 | 219 | 227 | 235 | 231 | 226 | ||
| Accumulated other comprehensive loss | (112) | (130) | (153) | (110) | (149) | (108) | (76) | ||
| Retained earnings (accumulated deficit) | 20 | (20) | (31) | (18) | (89) | (145) | (98) | ||
| Stockholders' equity attributable to noncontrolling interest | 10 | 12 | 12 | 13 | 13 | 13 | 26 | ||
| Total stockholders' equity: | 695 | 637 | 622 | 736 | 660 | 656 | 735 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,138 | 1,937 | 1,778 | 1,680 | 1,476 | 1,499 | 1,647 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,257 | 2,177 | 2,170 | 2,033 | 1,974 | 1,872 | 1,838 | |
| Revenue, net | ✕ | ✕ | ✕ | 2,033 | 1,974 | 1,872 | 1,838 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,685) | (1,699) | (1,735) | (1,626) | (1,564) | (1,521) | (1,572) | |
| Gross profit: | 573 | 478 | 435 | 407 | 410 | 351 | 265 | |
| Operating expenses | (427) | (334) | (273) | (248) | (263) | (259) | (285) | |
| Other undisclosed operating income (loss) | (2) | (14) | (0) | 7 | (60) | 32 | ||
| Operating income: | 144 | 129 | 162 | 159 | 153 | 32 | 12 | |
| Nonoperating income (expense) | 6 | (2) | 2 | (0) | 1 | 5 | 1 | |
| Investment income, nonoperating | 1 | |||||||
| Foreign currency transaction gain (loss), before tax | 0 | (0) | (1) | (1) | (1) | 3 | (0) | |
| Other nonoperating income (expense) | 5 | (2) | 3 | 1 | 2 | 2 | 1 | |
| Interest and debt expense | (1) | (16) | (5) | (28) | ||||
| Income from continuing operations before equity method investments, income taxes: | 148 | 111 | 159 | 159 | 154 | 9 | 13 | |
| Income from equity method investments | 3 | 3 | 2 | 2 | 2 | 1 | 1 | |
| Other undisclosed loss from continuing operations before income taxes | (48) | (48) | (40) | (31) | (30) | (38) | (44) | |
| Income (loss) from continuing operations before income taxes: | 102 | 66 | 120 | 130 | 127 | (28) | (29) | |
| Income tax expense (benefit) | (29) | (17) | (24) | 28 | (22) | (14) | (5) | |
| Income (loss) from continuing operations: | 74 | 49 | 97 | 158 | 105 | (42) | (33) | |
| Loss from discontinued operations | (1) | (1) | (1) | (1) | ||||
| Net income (loss): | 74 | 49 | 97 | 157 | 104 | (43) | (34) | |
| Net loss attributable to noncontrolling interest | (5) | (4) | (4) | (5) | (6) | (4) | (3) | |
| Net income (loss) available to common stockholders, diluted: | 69 | 45 | 93 | 152 | 99 | (47) | (37) | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 74 | 49 | 97 | 157 | 104 | (43) | (34) | |
| Other comprehensive income (loss) | 18 | 23 | (44) | 40 | (41) | (33) | (58) | |
| Comprehensive income (loss): | 92 | 72 | 53 | 197 | 63 | (75) | (92) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (5) | (5) | (3) | (6) | (6) | (3) | (2) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 87 | 67 | 50 | 191 | 58 | (79) | (94) | |
Statements sources
The financial statements are based on the company's filings with the 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.