GP Strategies Corporation (GPX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
70 CORPORATE CENTER COLUMBIA, MD 21044 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 82 - Educational Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 8,159 | 13,417 | 23,612 | 16,346 | 21,030 | |||
| Cash and cash equivalents | 8,159 | 13,417 | 23,612 | 16,346 | 21,030 | |||
| Receivables | 131,852 | 107,673 | 119,335 | 105,549 | 90,912 | |||
| Costs in excess of billings | ✕ | ✕ | ✕ | 42,958 | 39,318 | 46,061 | ||
| Other undisclosed current assets | 76,344 | 99,812 | 14,212 | 11,481 | 9,173 | |||
| Total current assets: | 216,355 | 220,902 | 200,117 | 172,694 | 167,176 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 5,803 | 5,859 | 5,123 | 4,547 | 6,245 | |||
| Intangible assets, net (including goodwill) | 187,907 | 197,057 | 153,198 | 133,597 | 128,196 | |||
| Goodwill | 171,563 | 176,124 | 144,835 | 127,772 | 121,975 | |||
| Intangible assets, net (excluding goodwill) | 16,344 | 20,933 | 8,363 | 5,825 | 6,221 | |||
| Other noncurrent assets | 10,465 | 9,843 | 5,434 | 3,705 | 733 | |||
| Other undisclosed noncurrent assets | 28,372 | 1,077 | 1,135 | 1,058 | ||||
| Total noncurrent assets: | 232,547 | 213,836 | 164,890 | 142,907 | 135,174 | |||
| TOTAL ASSETS: | 448,902 | 434,738 | 365,007 | 315,601 | 302,350 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 92,332 | 93,254 | 78,280 | 64,596 | 61,071 | |||
| Accounts payable | 37,792 | 40,969 | 24,189 | 14,534 | 13,981 | |||
| Accrued liabilities | 28,517 | 28,372 | 26,256 | 23,379 | 23,143 | |||
| Other undisclosed accounts payable and accrued liabilities | 26,023 | 23,913 | 27,835 | 26,683 | 23,947 | |||
| Debt | 12,000 | 12,000 | 13,333 | |||||
| Other undisclosed current liabilities | 31,105 | 23,704 | 60,052 | 36,239 | 52,450 | |||
| Total current liabilities: | 123,437 | 116,958 | 150,332 | 112,835 | 126,854 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 82,870 | 116,500 | 16,000 | 28,000 | 11,111 | |||
| Long-term debt, excluding current maturities | 82,870 | 116,500 | 16,000 | 28,000 | 11,111 | |||
| Liabilities, other than long-term debt | 3,083 | 5,894 | 10,621 | 7,270 | 6,041 | |||
| Deferred tax liabilities, net | ✕ | ✕ | 3,186 | 3,124 | 3,606 | |||
| Other liabilities | 3,083 | 5,894 | 7,435 | 4,146 | 2,435 | |||
| Other undisclosed noncurrent liabilities | 29,598 | 8,817 | ||||||
| Total noncurrent liabilities: | 115,551 | 131,211 | 26,621 | 35,270 | 17,152 | |||
| Total liabilities: | 238,988 | 248,169 | 176,953 | 148,105 | 144,006 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 209,914 | 186,569 | 188,054 | 167,496 | 158,344 | |||
| Common stock | 172 | 172 | 172 | 172 | 172 | |||
| Treasury stock, value | (4,070) | (13,802) | (11,118) | (11,628) | (8,497) | |||
| Additional paid in capital | 102,319 | 105,850 | 107,256 | 106,569 | 105,872 | |||
| Accumulated other comprehensive loss | (19,735) | (21,690) | (14,855) | (21,462) | (12,801) | |||
| Retained earnings | 131,228 | 116,039 | 106,599 | 93,845 | 73,598 | |||
| Total stockholders' equity: | 209,914 | 186,569 | 188,054 | 167,496 | 158,344 | |||
| TOTAL LIABILITIES AND EQUITY: | 448,902 | 434,738 | 365,007 | 315,601 | 302,350 | |||
Income Statement (P&L) ($ in thousands) Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 583,290 | 515,160 | 509,208 | 490,559 | 490,280 | ||
| Revenue, net | ✕ | ✕ | ✕ | 509,208 | 490,559 | 490,280 | |
| Cost of revenue | (494,077) | (437,417) | (427,181) | (410,402) | (408,288) | ||
| Gross profit: | 89,213 | 77,743 | 82,027 | 80,157 | 81,992 | ||
| Operating expenses | (61,880) | (62,576) | (60,736) | (48,597) | (49,299) | ||
| Other undisclosed operating income (loss) | 677 | 4,438 | 1,620 | (136) | (371) | ||
| Operating income: | 28,010 | 19,605 | 22,911 | 31,424 | 32,322 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 417 | (1,897) | (90) | 178 | (1,318) | ||
| Interest and debt expense | (2,945) | (3,132) | (1,568) | (1,381) | |||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (6,058) | ||||||
| Income from continuing operations before equity method investments, income taxes: | 22,369 | 14,763 | 19,689 | 30,034 | 29,623 | ||
| Other undisclosed loss from continuing operations before income taxes | (12,814) | (5,577) | (2,901) | (13,988) | (18,656) | ||
| Income from continuing operations before income taxes: | 9,555 | 9,186 | 16,788 | 16,046 | 10,967 | ||
| Income tax expense | (7,180) | (4,927) | (6,798) | (9,787) | (10,834) | ||
| Net income: | 2,375 | 4,259 | 9,990 | 6,259 | 133 | ||
| Other undisclosed net income attributable to parent | 12,814 | 5,577 | 2,901 | 13,988 | 18,656 | ||
| Net income available to common stockholders, diluted: | 15,189 | 9,836 | 12,891 | 20,247 | 18,789 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 2,375 | 4,259 | 9,990 | 6,259 | 133 | ||
| Comprehensive income: | 2,375 | 4,259 | 9,990 | 6,259 | 133 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 14,769 | (1,258) | 9,508 | 5,327 | 13,252 | ||
| Comprehensive income, net of tax, attributable to parent: | 17,144 | 3,001 | 19,498 | 11,586 | 13,385 | ||
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.