Heidrick & Struggles International, Inc. (HSII) Financial Statements (2023 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)
Annual | Quarterly

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments239,016204,691621,616455,975336,634267,986
Cash and cash equivalents217,776204,691355,447275,468336,634267,986
Short-term investments21,240 266,169180,507  
Receivables197,899160,092126,437190,893214,268186,220
Other current assets50,62242,83040,72241,57846,31447,146
Other undisclosed current assets35,79838,71935,04431,67030,80934,250
Total current assets:523,335446,332823,819720,116628,025535,602
Noncurrent Assets
Operating lease, right-of-use asset69,69269,58971,45769,40068,00869,344
Property, plant and equipment33,33032,51730,20729,31727,29427,162
Long-term investments and receivables44,35742,54734,35431,72833,75638,006
Long-term investments44,35742,54734,35431,72833,75638,006
Intangible assets, net (including goodwill), including:225,542222,974144,694152,065153,951155,941
Goodwill198,639197,711138,361138,069138,511139,017
Intangible assets, net (excluding goodwill)26,90325,26312,66613,99615,44016,924
Other undisclosed intangible assets, net (including goodwill)   (6,333)   
Deferred income tax assets34,56534,36133,98740,28540,73542,159
Other noncurrent assets22,08231,66625,78826,37926,29623,448
Other undisclosed noncurrent assets11,55211,47911,3323,9634,0013,910
Total noncurrent assets:441,120445,133351,819353,137354,041359,970
TOTAL ASSETS:964,455891,4651,175,6381,073,253982,066895,572
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities217,453162,927469,850778,556596,882211,410
Taxes payable✕✕✕✕5,2243,54415,397
Employee-related liabilities✕✕✕✕375,430286,683179,663
Accounts payable15,47716,97514,61317,24816,42816,350
Accrued liabilities201,976145,952455,237380,654290,227 
Deferred revenue44,10243,34543,05743,54748,76455,364
Other liabilities36,01733,31856,01659,30160,38353,982
Other undisclosed current liabilities21,22120,58419,554(362,800)(271,827)18,963
Total current liabilities:318,793260,174588,477518,604434,202339,719
Noncurrent Liabilities
Long-term debt and lease obligation:    60,39660,14062,439
Liabilities, other than long-term debt168,901162,04175,99852,98056,67471,414
Deferred income tax liabilities7,6197,530    
Liability, pension and other postretirement and postemployment benefits58,95156,88212,69948,73051,87757,076
Other liabilities42,00536,778 4,2504,79714,338
Operating lease, liability60,32660,85163,29960,39660,14062,439
Other undisclosed noncurrent liabilities48,44448,138100,51756,74262,57671,235
Total noncurrent liabilities:217,345210,179176,515170,118179,390205,088
Total liabilities:536,138470,353764,992688,722613,592544,807
Equity
Equity, attributable to parent428,317421,112410,646384,531368,474350,765
Common stock200200199199197197
Treasury stock, value(819)(354)(191)(191)(191)(191)
Additional paid in capital246,226244,341246,630241,632237,829233,641
Accumulated other comprehensive income (loss)(3,821)(3,746)(4,189)(12,385)(6,931)593
Retained earnings186,531180,671168,197155,276137,570116,525
Total equity:428,317421,112410,646384,531368,474350,765
TOTAL LIABILITIES AND EQUITY:964,455891,4651,175,6381,073,253982,066895,572

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues273,777242,119238,669258,271301,109285,537
Cost of revenue(204,174)(180,302)    
Cost of goods and services sold(25,306)(22,832)    
Gross profit:69,60361,817238,669258,271301,109285,537
Operating expenses(56,018)(44,046)(218,823)(229,949)(267,243)(255,305)
Operating income:13,58517,77119,84628,32233,86630,232
Nonoperating income (expense)3,2905,0583,0461,2121,073(2,361)
Other nonoperating income (expense)1,3771,809(627)(43)774(2,471)
Income from continuing operations before income taxes:16,87522,82922,89229,53434,93927,871
Income tax expense(7,893)(7,243)(6,848)(8,708)(10,790)(9,404)
Income from continuing operations:8,98215,58616,04420,82624,14918,467
Income before gain (loss) on sale of properties:✕✕✕✕20,82624,14918,467
Net income available to common stockholders, diluted:8,98215,58616,04420,82624,14918,467

Comprehensive Income ($ in thousands)
Annual | Quarterly

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:8,98215,58616,04420,82624,14918,467
Other comprehensive income (loss) (75)4438,196(5,454)(7,524)(1,082)
Comprehensive income:8,90716,02924,24015,37216,62517,385
Other undisclosed comprehensive loss, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:8,90716,02924,24015,37216,62517,385

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.

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: