Franklin Covey Company (FC) financial statements (2020 and earlier)

Company profile

Business Address 2200 W PARKWAY BLVD
SALT LAKE CITY, UT 84119-2331
State of Incorp. UT
Fiscal Year End August 31
SIC 8741 - Management Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments33 109101610
Cash and cash equivalents33 109101610
Receivables53737268686863
Inventory, net of allowances, customer advances and progress billings3333546
Inventory3333546
Prepaid expense 44433 
Income taxes receivable2
Other current assets 1111833 
Other undisclosed current assets1428   210
Total current assets:10311910092909593
Noncurrent Assets
Property, plant and equipment18192120161517
Long-term investments and receivables   1123
Due from related parties   1123
Intangible assets, net (including goodwill)71727682707377
Goodwill24242424202020
Intangible assets, net (excluding goodwill)47485257505357
Other noncurrent assets14101317141515
Deferred tax assets, net5     
Other undisclosed noncurrent assets5 3    
Total noncurrent assets:108106114119101105112
TOTAL ASSETS:211225214211191201205
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities24343132284752
Accounts payable71010910812
Accrued liabilities17242123173030
Employee-related liabilities     910
Taxes payable 1  00 
Debt71044333
Deferred revenue and credits41211310
Contract with customer, liability4656 
Other liabilities7      
Other undisclosed current liabilities 46042(23)(22)
Total current liabilities:841049581544043
Noncurrent Liabilities
Long-term debt and lease obligation35323338334952
Long-term debt, excluding current maturities35323338332526
Capital lease obligations   2526
Liabilities, other than long-term debt98663  
Other liabilities98663  
Other undisclosed noncurrent liabilities00017(14)(17)
Total noncurrent liabilities:44393945433636
Total liabilities:128143133126977578
Stockholders' equity
Stockholders' equity attributable to parent8482818594126127
Common stock1111111
Treasury stock, value(195)(195)(196)(199)(197)(154)(142)
Additional paid in capital218216211212211209207
Accumulated other comprehensive income0001101
Retained earnings59596469777058
Total stockholders' equity:8482818594126127
TOTAL LIABILITIES AND EQUITY:211225214211191201205

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

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
Revenues230225210185200210205
Revenue, net185200210205
Cost of revenue
(Cost of Goods and Services Sold)
(66)(66)(61)(63)(65)(72)(67)
Gross profit:165159148123135138138
Operating expenses(150)(145)(141)(123)(114)(115)(110)
Other operating expense, net    (1)  
Other undisclosed operating loss(11)(11)(11)(8)(6)(3)(3)
Operating income (loss):33(3)(9)142025
Nonoperating income (expense)00000(1)1
Investment income, nonoperating0000000
Foreign currency transaction gain (loss), before tax     (1)0
Interest and debt expense(2)(2)(3)(2)(2)(2)(2)
Income (loss) from continuing operations before equity method investments, income taxes:10(6)(11)121723
Other undisclosed income (loss) from continuing operations before income taxes000  1(1)
Income (loss) from continuing operations before income taxes:11(6)(11)121722
Income tax expense (benefit)(1)(2)(0)4(5)(6)(4)
Net income (loss) available to common stockholders, diluted:(0)(1)(6)(7)71118

Comprehensive Income ($ in millions)

11/30/2019
TTM
8/31/2019
8/31/2018
8/31/2017
8/31/2016
8/31/2015
8/31/2014
Net income (loss):(0)(1)(6)(7)71118
Other comprehensive income (loss) (0)(0)000 
Other undisclosed comprehensive loss(0)      
Comprehensive income (loss):(0)(1)(6)(7)71118
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)(0)(1)1(1)(0)
Comprehensive income (loss), net of tax, attributable to parent:(0)(1)(6)(8)81018

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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