InnerWorkings, Inc. (INWK) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
203 NORTH LASALLE CHICAGO, IL 60601 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 30,775 | 42,711 | 38,488 | 33,999 | 25,851 | 26,770 | |||
| Cash and cash equivalent | 30,775 | 42,711 | 38,488 | 33,999 | 25,851 | 26,770 | |||
| Receivables | 225,377 | 278,996 | 295,893 | 249,598 | 235,525 | 239,727 | |||
| Inventory, net of allowances, customer advances and progress billings | 34,795 | 34,977 | 64,136 | 51,553 | 46,927 | 56,001 | |||
| Inventory | 34,795 | 34,977 | 64,136 | 51,553 | 46,927 | 56,001 | |||
| Prepaid expense | 13,623 | 10,680 | 13,973 | 15,132 | 14,245 | 16,982 | |||
| Other current assets | 35,617 | 7,301 | 13,271 | 28,707 | 36,188 | 34,106 | |||
| Total current assets: | 340,187 | 374,665 | 425,761 | 378,989 | 358,736 | 373,586 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 491 | 301 | ✕ | ||||||
| Operating lease, right-of-use asset | 50,668 | 51,425 | ✕ | ||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 36,671 | 37,224 | 36,714 | 36,466 | 35,952 | 82,933 | |||
| Intangible asset, including goodwill, after accumulated amortization | 152,118 | 159,924 | 160,421 | 160,977 | 161,482 | 161,986 | |||
| Goodwill | 144,925 | 152,210 | 152,191 | 152,203 | 152,181 | 152,158 | |||
| Intangible asset, excluding goodwill, after accumulated amortization | 7,193 | 7,714 | 8,230 | 8,774 | 9,301 | 9,828 | |||
| Deferred income tax assets | 2,182 | 2,182 | ✕ | ||||||
| Other noncurrent assets | 3,864 | 4,129 | 4,333 | 3,613 | 3,486 | 2,976 | |||
| Other undisclosed noncurrent assets | 48,284 | 1,112 | 51,551 | 40,464 | 1,195 | ||||
| Total noncurrent assets: | 243,119 | 254,618 | 254,306 | 252,607 | 241,384 | 249,090 | |||
| TOTAL ASSETS: | 583,306 | 629,283 | 680,067 | 631,596 | 600,120 | 622,676 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 169,656 | 193,111 | 213,269 | 177,938 | 181,152 | 193,923 | |||
| Accounts payable | 123,519 | 142,136 | 169,173 | 140,492 | 149,813 | 158,449 | |||
| Accrued liabilities | 46,137 | 50,975 | 44,096 | 37,446 | 31,339 | 35,474 | |||
| Deferred revenue | 9,495 | 9,568 | 18,526 | ✕ | |||||
| Debt | 8,599 | 157,675 | 138,923 | 142,736 | |||||
| Other liabilities | 29,059 | 35,665 | 32,325 | 34,877 | 31,493 | 26,231 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | 21,532 | ✕ | |||
| Other undisclosed current liabilities | 8,819 | 8,093 | 2,236 | 20,945 | 17,614 | ||||
| Total current liabilities: | 217,029 | 246,437 | 274,955 | 392,022 | 372,513 | 380,504 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 46,075 | 47,094 | |||||||
| Finance lease, liability | 347 | 229 | ✕ | ||||||
| Liabilities, other than long-term debt | 8,557 | 9,191 | 10,743 | 1,995 | 1,986 | 50,903 | |||
| Deferred income tax liabilities | 8,053 | 8,053 | 8,257 | ✕ | |||||
| Other liabilities | 504 | 1,138 | 2,486 | 1,995 | 1,986 | 50,903 | |||
| Operating lease, liability | 45,728 | 46,865 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 185,829 | 149,328 | 166,820 | 54,910 | 43,312 | 8,178 | |||
| Total noncurrent liabilities: | 194,386 | 204,594 | 224,657 | 56,905 | 45,298 | 59,081 | |||
| Total liabilities: | 411,415 | 451,031 | 499,612 | 448,927 | 417,811 | 439,585 | |||
| Equity | |||||||||
| Equity, attributable to parent | 171,891 | 178,252 | 180,455 | 182,669 | 182,309 | 183,091 | |||
| Common stock | 6 | 6 | 6 | 6 | 6 | 6 | |||
| Treasury stock, value | (81,471) | (81,471) | (81,471) | (81,471) | (81,471) | (81,471) | |||
| Additional paid in capital | 246,769 | 245,311 | 243,706 | 242,010 | 240,734 | 239,960 | |||
| Accumulated other comprehensive loss | (27,545) | (22,449) | (25,045) | (23,309) | (23,562) | (24,309) | |||
| Retained earnings | 34,132 | 36,855 | 43,259 | 45,433 | 46,602 | 48,905 | |||
| Total equity: | 171,891 | 178,252 | 180,455 | 182,669 | 182,309 | 183,091 | |||
| TOTAL LIABILITIES AND EQUITY: | 583,306 | 629,283 | 680,067 | 631,596 | 600,120 | 622,676 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 261,360 | 320,018 | 286,525 | 284,053 | 267,239 | 294,195 | ||
| Cost of revenue (Cost of Product and Service Sold) | (197,918) | (256,440) | (218,356) | (214,986) | (206,043) | (234,077) | ||
| Gross profit: | 63,442 | 63,578 | 68,169 | 69,067 | 61,196 | 60,118 | ||
| Operating expenses | (63,014) | (53,548) | (62,993) | (62,359) | (59,739) | (128,150) | ||
| Other undisclosed operating income (loss) | (2,854) | (3,389) | (3,090) | (3,233) | (2,617) | 58,285 | ||
| Operating income (loss): | (2,426) | 6,641 | 2,086 | 3,475 | (1,160) | (9,747) | ||
| Nonoperating income (expense) | (1,839) | (1,363) | (1,699) | 383 | (642) | (7,548) | ||
| Investment income, nonoperating | 56 | 127 | 37 | 104 | 98 | |||
| Gain (loss), foreign currency transaction, before tax | (2,791) | |||||||
| Other nonoperating income (expense) | 896 | (1,490) | (1,736) | 279 | (740) | |||
| Interest and debt expense | (4,386) | (4,489) | (4,376) | (2,486) | (2,745) | (2,895) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 5,205 | (10,372) | ||||||
| Income (loss) from continuing operations before income taxes: | (3,446) | 789 | (3,989) | 1,372 | (4,547) | (30,562) | ||
| Income tax expense (benefit) | 606 | (5,059) | 1,815 | (2,541) | 2,085 | 1,312 | ||
| Loss from continuing operations: | (2,840) | (4,270) | (2,174) | (1,169) | (2,462) | (29,250) | ||
| Loss before gain (loss) on sale of properties: | (2,840) | (4,270) | (2,174) | (1,169) | (2,462) | (29,250) | ||
| Net loss available to common stockholders, diluted: | (2,840) | (4,270) | (2,174) | (1,169) | (2,462) | (29,250) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2020 Q2 | 3/31/2020 Q1 | 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,840) | (4,270) | (2,174) | (1,169) | (2,462) | (29,250) | ||
| Other comprehensive income (loss) | (5,096) | 2,598 | (1,736) | 253 | 747 | (1,129) | ||
| Comprehensive loss, net of tax, attributable to parent: | (7,936) | (1,672) | (3,910) | (916) | (1,715) | (30,379) | ||
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.