IES Holdings, Inc. (IESC) financial statements (2021 and earlier)
Company profile
| Business Address |
5433 WESTHEIMER HOUSTON, TX 77056 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| SIC | 1731 - Electrical Work (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 26 | 28 | 33 | 49 | 47 | ||||
| Cash and cash equivalents | 26 | 28 | 33 | 49 | 47 | ||||
| Receivables | 181 | 198 | 152 | 143 | 124 | 93 | 77 | ||
| Inventory, net of allowances, customer advances and progress billings | 20 | 22 | 21 | 17 | 13 | 14 | 16 | ||
| Inventory | 20 | 22 | 21 | 17 | 13 | 14 | 16 | ||
| Disposal group, including discontinued operation | 0 | ||||||||
| Deferred tax assets | ✕ | ✕ | 0 | 0 | |||||
| Other undisclosed current assets | 89 | 77 | 64 | 44 | 39 | 33 | 27 | ||
| Total current assets: | 290 | 296 | 263 | 232 | 210 | 189 | 168 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 35 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 26 | 26 | 25 | 25 | 16 | 12 | 10 | ||
| Long-term investments and receivables | 1 | 1 | |||||||
| Long-term investments | 1 | 1 | |||||||
| Intangible assets, net (including goodwill) | 76 | 77 | 81 | 78 | 72 | 22 | 18 | ||
| Goodwill | 51 | 51 | 51 | 47 | 40 | 17 | 15 | ||
| Intangible assets, net (excluding goodwill) | 26 | 27 | 31 | 31 | 32 | 5 | 4 | ||
| Regulated entity, other noncurrent assets | 1 | 1 | |||||||
| Deposits noncurrent assets | 0 | ||||||||
| Deferred costs | 1 | ||||||||
| Other noncurrent assets | 5 | 5 | 6 | 4 | 4 | 4 | 4 | ||
| Deferred tax assets, net | ✕ | ✕ | 47 | 86 | 94 | 0 | 0 | ||
| Other undisclosed noncurrent assets | 38 | 41 | (3) | (3) | |||||
| Total noncurrent assets: | 180 | 149 | 159 | 193 | 185 | 38 | 33 | ||
| TOTAL ASSETS: | 470 | 445 | 422 | 424 | 394 | 227 | 201 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 140 | 153 | 131 | 121 | 109 | 83 | 74 | ||
| Accounts payable | 85 | ||||||||
| Accrued liabilities | 6 | 25 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 134 | 43 | 131 | 121 | 109 | 83 | 74 | ||
| Debt | 11 | 0 | |||||||
| Disposal group, including discontinued operation | 0 | ||||||||
| Other undisclosed current liabilities | 35 | 41 | 34 | 30 | 24 | 25 | 21 | ||
| Total current liabilities: | 186 | 193 | 164 | 151 | 133 | 108 | 96 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 24 | 0 | 30 | 29 | 29 | 10 | 10 | ||
| Long-term debt, excluding current maturities | 0 | 0 | 30 | 29 | 29 | 10 | 10 | ||
| Operating lease, liability | 24 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 2 | 2 | 4 | 4 | 7 | 7 | 7 | ||
| Other liabilities | 2 | 2 | 4 | 4 | 7 | 7 | 7 | ||
| Total noncurrent liabilities: | 26 | 2 | 34 | 34 | 36 | 17 | 17 | ||
| Total liabilities: | 212 | 196 | 198 | 185 | 169 | 125 | 113 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 255 | 246 | 220 | 237 | 223 | 101 | 88 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (12) | (12) | (9) | (7) | (5) | (4) | (2) | ||
| Additional paid in capital | 192 | 193 | 197 | 197 | 195 | 194 | 195 | ||
| Accumulated other comprehensive loss | (0) | ||||||||
| Retained earnings (accumulated deficit) | 74 | 66 | 32 | 46 | 33 | (88) | (105) | ||
| Stockholders' equity attributable to noncontrolling interest | 3 | 3 | |||||||
| Total stockholders' equity: | 258 | 250 | 220 | 237 | 223 | 101 | 88 | ||
| Other undisclosed liabilities and equity | 3 | 3 | 2 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 470 | 445 | 422 | 424 | 394 | 227 | 201 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,109 | 1,077 | 877 | 811 | 696 | 574 | 512 | |
| Cost of revenue (Cost of Goods and Services Sold) | (918) | (895) | (727) | (670) | (569) | (474) | (429) | |
| Gross profit: | 191 | 182 | 150 | 140 | 127 | 100 | 83 | |
| Operating expenses | (146) | (140) | (124) | (120) | (102) | (82) | (77) | |
| Other operating income, net | 0 | |||||||
| Other undisclosed operating income | 0 | 1 | ||||||
| Operating income: | 45 | 42 | 26 | 20 | 25 | 18 | 8 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (0) | 0 | 0 | |||||
| Interest and debt expense | (2) | (2) | (2) | (2) | (1) | (1) | (2) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | 0 | 0 | 0 | 0 | |||
| Income from continuing operations before income taxes: | 43 | 40 | 24 | 19 | 24 | 18 | 6 | |
| Income tax expense (benefit) | (8) | (7) | (38) | (5) | 97 | (1) | (1) | |
| Income (loss) from continuing operations: | 35 | 33 | (14) | 14 | 121 | 17 | 6 | |
| Loss from discontinued operations | (0) | (0) | ||||||
| Net income (loss): | 35 | 33 | (14) | 14 | 121 | 17 | 5 | |
| Net loss attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | |||
| Net income (loss) attributable to parent: | 35 | 33 | (14) | 13 | 121 | 17 | 5 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | (0) | ✕ | ✕ | ✕ | |||
| Other undisclosed net income (loss) available to common stockholders, basic | 0 | (0) | (1) | (0) | (0) | |||
| Net income (loss) available to common stockholders, basic: | 35 | 33 | (14) | 13 | 120 | 16 | 5 | |
| Other undisclosed net loss available to common stockholders, diluted | (13) | (119) | (16) | (5) | ||||
| Net income (loss) available to common stockholders, diluted: | 35 | 33 | (14) | 0 | 1 | 0 | 0 | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 35 | 33 | (14) | 14 | 121 | 17 | 5 | |
| Other comprehensive income | 5 | |||||||
| Comprehensive income (loss): | 35 | 33 | (14) | 14 | 121 | 17 | 11 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 0 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 35 | 33 | (14) | 13 | 121 | 17 | 11 | |
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.