DXP Enterprises, Inc. (DXPE) financial statements (2022 and earlier)

Company profile

Business Address 5301 HOLLISTER STREET
HOUSTON, TX 77040
State of Incorp. TX
Fiscal Year End December 31
SIC 5084 - Industrial Machinery and Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments63,04379,169127,361119,32897,287
Cash and cash equivalents63,04379,169127,361119,32897,287
Restricted cash and investments919191 91
Receivables216,723197,346172,866169,928158,847
Inventory, net of allowances, customer advances and progress billings106,376103,447103,40797,071118,864
Inventory106,376103,447103,40797,071118,864
Contract with customer, asset17,71416,71814,41518,45921,544
Other undisclosed current assets6,4446,9147,5344,6396,061
Total current assets:410,391403,685425,674409,425402,694
Noncurrent Assets
Operating lease, right-of-use asset53,23356,17359,94955,18858,657
Property, plant and equipment51,75652,45654,11056,89957,452
Intangible assets, net (including goodwill)392,469383,818337,935341,855213,991
Goodwill308,880300,643261,927261,767166,375
Intangible assets, net (excluding goodwill)83,58983,17576,00880,08847,616
Other noncurrent assets5,1085,4484,3324,7643,924
Total noncurrent assets:502,566497,895456,326458,706334,024
TOTAL ASSETS:912,957901,580882,000868,131736,718
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities117,982106,44889,82985,470102,691
Accounts payable91,38580,20870,65064,84981,570
Employee-related liabilities26,59726,24019,17920,62121,121
Deferred revenue8912,3005,9504,0614,168
Debt3,3003,3003,3003,3002,500
Other liabilities40,58350,43835,64534,72920,723
Other undisclosed current liabilities25,86524,93821,55719,57925,790
Total current liabilities:188,621187,424156,281147,139155,872
Noncurrent Liabilities
Long-term debt and lease obligation351,398354,250358,008355,149251,137
Long-term debt, excluding current maturities315,920316,343316,741317,139209,813
Operating lease, liability35,47837,90741,26738,01041,324
Liabilities, other than long-term debt11,5985,7975,2994,7076,155
Deferred income tax liabilities8,5012,8672,3691,7774,148
Other liabilities3,0972,9302,9302,9302,007
Total noncurrent liabilities:362,996360,047363,307359,856257,292
Total liabilities:551,617547,471519,588506,995413,164
Stockholders' equity
Stockholders' equity attributable to parent, including:361,132353,712361,826360,338322,641
Preferred stock161616 16
Common stock195194189189175
Treasury stock, value(29,174)(29,174)   
Additional paid in capital206,007203,562191,931192,068164,054
Accumulated other comprehensive loss(17,538)(15,409)(16,736)(18,013)(20,174)
Retained earnings201,626194,523186,426186,078178,570
Other undisclosed stockholders' equity attributable to parent   16 
Stockholders' equity attributable to noncontrolling interest208397586798913
Total stockholders' equity:361,340354,109362,412361,136323,554
TOTAL LIABILITIES AND EQUITY:912,957901,580882,000868,131736,718

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

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues289,494285,691245,587232,689220,193
Cost of revenue
(Cost of Goods and Services Sold)
(202,551)(200,413)(173,957)(170,475)(158,892)
Gross profit:86,94385,27871,63062,21461,301
Operating expenses(79,996)(74,738)(69,543)(9,812)(102,147)
Other undisclosed operating income (loss)4,2384,3064,146(56,892) 
Operating income (loss):11,18514,8466,233(4,490)(40,846)
Nonoperating income (expense)450105430(455)(320)
Interest and debt expense(5,264)(5,337)(5,243)(8,512)(3,752)
Income (loss) from continuing operations before income taxes:6,3719,6141,420(13,457)(44,918)
Income tax expense (benefit)565(1,684)(1,261)10,88710,143
Net income (loss):6,9367,930159(2,570)(34,775)
Net income attributable to noncontrolling interest189189212115109
Net income (loss) attributable to parent:7,1258,119371(2,455)(34,666)
Preferred stock dividends and other adjustments(23)(22)(23)(22)(23)
Net income (loss) available to common stockholders, basic:7,1028,097348(2,477)(34,689)
Convertible preferred dividends232223 23
Other undisclosed net loss available to common stockholders, diluted    (23)
Net income (loss) available to common stockholders, diluted:7,1258,119371(2,477)(34,689)

Comprehensive Income ($ in thousands)

9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net income (loss):6,9367,930159(2,570)(34,775)
Other undisclosed comprehensive income (loss)(2,129)1,3271,2772,161(452)
Comprehensive income (loss):4,8079,2571,436(409)(35,227)
Comprehensive income, net of tax, attributable to noncontrolling interest189189212115109
Comprehensive income (loss), net of tax, attributable to parent:4,9969,4461,648(294)(35,118)

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.

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