Hardinge Inc (HDNG) Financial Statements (2025 and earlier)

Company Profile

Business Address ONE HARDINGE DRIVE
ELMIRA, NY 14902
State of Incorp. NY
Fiscal Year End December 31
Industry (SIC) 3541 - Machine Tools, Metal Cutting Types (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments44,95832,32726,36926,72528,25522,943
Cash and cash equivalents44,95832,32726,36926,72528,25522,943
Restricted cash and investments 2,1152,5092,757 3,423
Receivables61,80060,75055,07146,56255,57347,205
Inventory, net of allowances, customer advances and progress billings104,502114,420118,478115,863107,018120,350
Inventory104,502114,420118,478115,863107,018120,350
Disposal group, including discontinued operation5,6475,682    
Other current assets9,07610,81511,32110,6216,92611,189
Other undisclosed current assets 2,717   2,923 
Total current assets:228,700226,109213,748202,528200,695205,110
Noncurrent Assets
Property, plant and equipment50,79050,56957,19256,86356,96159,664
Intangible assets, net (including goodwill)33,06333,07533,35633,61833,30934,014
Goodwill6,6776,6416,6586,6526,5796,612
Intangible assets, net (excluding goodwill)26,38626,43426,69826,96626,73027,402
Other noncurrent assets6,3966,1636,0476,7876,5854,061
Total noncurrent assets:90,24989,80796,59597,26896,85597,739
TOTAL ASSETS:318,949315,916310,343299,796297,550302,849
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities59,42759,72753,79349,24751,70951,650
Taxes payable1,3701,5906711,4261,1601,780
Accounts payable26,36225,54225,98225,95624,92024,278
Accrued liabilities31,69532,59527,14021,86525,62925,592
Debt   4,6362,9352,9234,777
Deferred tax liabilities      2,567
Customer advances and deposits23,85226,18223,06321,30018,21518,122
Other undisclosed current liabilities   99823  
Total current liabilities:83,27985,90981,59174,30572,84777,116
Noncurrent Liabilities
Long-term debt and lease obligation    2,2622,9703,848
Long-term debt, excluding current maturities    2,2622,9703,848
Liabilities, other than long-term debt51,52757,19059,30465,00165,79258,521
Deferred tax liabilities, net    4,0733,8001,241
Liability, pension and other postretirement and postemployment benefits49,12256,02357,63558,04958,84054,102
Other liabilities2,4051,1671,6692,8793,1523,178
Other undisclosed noncurrent liabilities5,2174,0884,343   
Total noncurrent liabilities:56,74461,27863,64767,26368,76262,369
Total liabilities:140,023147,187145,238141,568141,609139,485
Equity
Equity, attributable to parent178,926168,729165,105158,228155,941163,364
Common stock130129129129129129
Treasury stock, value (71)  (104) 
Additional paid in capital122,140121,925121,489121,160121,015121,189
Accumulated other comprehensive loss(38,226)(44,963)(46,023)(50,310)(54,656)(44,066)
Retained earnings94,88291,70989,51087,24989,55786,112
Total equity:178,926168,729165,105158,228155,941163,364
TOTAL LIABILITIES AND EQUITY:318,949315,916310,343299,796297,550302,849

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

3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
Revenues
(Revenue, Net)
90,17584,99178,19764,55786,79567,211
Cost of revenue
(Cost of Goods and Services Sold)
(59,238)(56,376)(51,568)(43,170)(58,716)(44,060)
Gross profit:30,93728,61526,62921,38728,07923,151
Operating expenses(26,206)(25,377)(24,400)(23,017)(22,056)(23,791)
Other operating income (expense), net833(276)(37)(155)(61)(321)
Other undisclosed operating income (loss)     (984)321
Operating income (loss):5,5642,9622,192(1,785)4,978(640)
Nonoperating income    189500
Investment income, nonoperating     (30)500
Gain, foreign currency transaction, before tax     219 
Other nonoperating income      
Interest and debt expense(71)(135)(104)(105)(128)(142)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes50373840(154)(444)
Income (loss) from continuing operations before income taxes:5,5432,8642,126(1,850)4,885(726)
Income tax expense (benefit)(2,371)(665)396(198)(1,177)(657)
Income (loss) from continuing operations:3,1722,1992,522(2,048)3,708(1,383)
Income (loss) before gain (loss) on sale of properties:3,1722,1992,522(2,048)3,708(1,383)
Net income (loss) available to common stockholders, diluted:3,1722,1992,522(2,048)3,708(1,383)

Comprehensive Income ($ in thousands)

3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
9/30/2016
Q3
Net income (loss):3,1722,1992,522(2,048)3,708(1,383)
Other comprehensive income (loss)6,7371,0604,2874,346(10,590)2,419
Comprehensive income (loss), net of tax, attributable to parent:9,9093,2596,8092,298(6,882)1,036

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.

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