Heidrick & Struggles International Inc. (HSII) Financial Statements (2024 and earlier)

Company Profile

Business Address 233 S WACKER DRIVE
CHICAGO, IL 60606-6303
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7361 - Employment Agencies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments478,156621,616545,225336,472271,719279,906
Cash and cash equivalents412,618355,447545,225316,473271,719279,906
Short-term investments 65,538266,169 19,999  
Receivables133,128126,437133,750107,775135,834118,597
Prepaid expense     20,18522,766
Other current assets47,92340,72241,44923,27927,84829,598
Other undisclosed current assets34,00735,04424,9645,16038,896 
Total current assets:693,214823,819745,388472,686494,482450,867
Noncurrent Assets
Operating lease, right-of-use asset86,06371,45772,32092,671 
Property, plant and equipment35,75230,20727,08523,49228,65033,871
Long-term investments and receivables47,28734,35436,05131,36925,40919,442
Long-term investments47,28734,35436,05131,36925,40919,442
Intangible assets, net (including goodwill), including:223,094144,694147,69392,772128,766124,308
Goodwill202,252138,361138,52491,643126,831122,092
Intangible assets, net (excluding goodwill)41,68412,66618,3382,2581,9352,216
Other undisclosed intangible assets, net (including goodwill) (20,842)(6,333)(9,169)(1,129)  
Deferred income tax assets28,00533,98742,16935,958 
Other noncurrent assets17,07125,78823,37724,43920,43422,276
Other undisclosed noncurrent assets11,10511,33212,71514,425146,43249,865
Total noncurrent assets:448,377351,819361,410315,126349,691249,762
TOTAL ASSETS:1,141,5911,175,6381,106,798787,812844,173700,629
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities349,638469,850439,404227,893246,867245,059
Taxes payable10,0041,1863,9288,240
Employee-related liabilities409,026217,908234,306227,653
Accounts payable20,83714,61320,3748,7998,6339,166
Accrued liabilities328,801455,237    
Deferred revenue45,73243,05751,40438,050 
Other liabilities21,82356,01624,55423,31126,25333,219
Deferred revenue and credits40,673
Other undisclosed current liabilities21,49819,55419,33228,98472,222 
Total current liabilities:438,691588,477534,694318,238345,342318,951
Noncurrent Liabilities
Long-term debt and lease obligation:   65,62586,816  
Liabilities, other than long-term debt139,54175,99818,26120,91724,23436,982
Deferred income tax liabilities6,402    
Liability, pension and other postretirement and postemployment benefits13,12712,69918,26120,91719,60019,559
Other liabilities41,808   4,63417,423
Operating lease, liability78,20463,29965,62586,816 
Other undisclosed noncurrent liabilities101,081100,517152,19894,239165,48277,540
Total noncurrent liabilities:240,622176,515236,084201,972189,716114,522
Total liabilities:679,313764,992770,778520,210535,058433,473
Equity
Equity, attributable to parent462,278410,646336,020267,602309,115267,156
Common stock201199196196196196
Treasury stock, value(110)(191)(191)(8,041)(14,795)(20,298)
Additional paid in capital251,988246,630233,163231,048228,807227,147
Accumulated other comprehensive income (loss)129(4,189)1,6753,4173,8244,062
Retained earnings210,070168,197101,17740,98291,08356,049
Total equity:462,278410,646336,020267,602309,115267,156
TOTAL LIABILITIES AND EQUITY:1,141,5911,175,6381,106,798787,812844,173700,629

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,041,1821,083,5861,008,474629,370725,614735,655
Revenue, net735,655
Cost of revenue(758,655)    (19,632)
Cost of goods and services sold(109,039)    (19,632)
Gross profit:282,5271,083,5861,008,474629,370725,614716,023
Operating expenses(207,170)(971,320)(910,210)(664,899)(662,103)(666,798)
Other undisclosed operating income      19,632
Operating income (loss):75,357112,26698,264(35,529)63,51168,857
Nonoperating income13,3142,9707,7654,1315,7781,635
Other nonoperating income (expense)1,697(2,367)7,4633,9272,898494
Income (loss) from continuing operations before income taxes:88,671115,236106,029(31,398)69,28970,492
Income tax expense(34,261)(35,750)(33,457)(6,309)(22,420)(21,197)
Income (loss) from continuing operations:54,41079,48672,572(37,707)46,86949,295
Income (loss) before gain (loss) on sale of properties:72,572(37,707)46,86949,295
Net income (loss) available to common stockholders, diluted:54,41079,48672,572(37,707)46,86949,295

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):54,41079,48672,572(37,707)46,86949,295
Other comprehensive income (loss) (5,864)(1,742)(407)(238)3,164
Comprehensive income (loss):54,41073,62270,830(38,114)46,63152,459
Other undisclosed comprehensive income (loss), net of tax, attributable to parent4,318    (6,328)
Comprehensive income (loss), net of tax, attributable to parent:58,72873,62270,830(38,114)46,63146,131

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: