Orbital Sciences Corp (ORB) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
45101 WARP DRIVE DULLES, VA 20166 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 266 | 232 | ||
| Cash and cash equivalents | 266 | 232 | ||
| Receivables | 584 | 499 | ||
| Inventory, net of allowances, customer advances and progress billings | 62 | 61 | ||
| Inventory | 62 | 61 | ||
| Prepaid expense and other current assets | ✕ | 18 | ||
| Deferred tax assets | 30 | 38 | ||
| Other current assets | 10 | ✕ | ||
| Total current assets: | 951 | 849 | ||
| Noncurrent Assets | ||||
| Property, plant and equipment | 246 | 251 | ||
| Long-term investments and receivables | 9 | |||
| Long-term investments | 9 | |||
| Intangible assets, net (including goodwill) | 71 | 80 | ||
| Goodwill | 71 | 75 | ||
| Intangible assets, net (excluding goodwill) | 5 | |||
| Other noncurrent assets | 16 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | 27 | ||
| Deferred tax assets, net | (27) | (11) | ||
| Other undisclosed noncurrent assets | 27 | 6 | ||
| Total noncurrent assets: | 334 | 363 | ||
| TOTAL ASSETS: | 1,285 | 1,211 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities, including: | 282 | 334 | ||
| Accounts payable | 51 | 4 | ||
| Accrued liabilities | 282 | 253 | ||
| Employee-related liabilities | 78 | 77 | ||
| Other undisclosed accounts payable and accrued liabilities | (129) | |||
| Debt | 8 | 8 | ||
| Deferred revenue and credits | 21 | 62 | ||
| Other undisclosed current liabilities | (77) | |||
| Total current liabilities: | 311 | 327 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 135 | 143 | ||
| Long-term debt, excluding current maturities | 135 | 143 | ||
| Liabilities, other than long-term debt | 43 | 28 | ||
| Deferred tax liabilities, net | 27 | 11 | ||
| Other liabilities | 17 | 17 | ||
| Total noncurrent liabilities: | 178 | 171 | ||
| Total liabilities: | 489 | 498 | ||
| Stockholders' equity | ||||
| Stockholders' equity attributable to parent | 795 | 714 | ||
| Common stock | 1 | 1 | ||
| Additional paid in capital | 587 | 575 | ||
| Accumulated other comprehensive loss | (1) | (3) | ||
| Retained earnings | 209 | 140 | ||
| Total stockholders' equity: | 795 | 714 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,285 | 1,211 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Revenues | 1,365 | 1,437 | |
| Cost of revenue | (1,062) | (1,097) | |
| Gross profit: | 303 | 340 | |
| Operating expenses | (189) | (227) | |
| Operating income: | 114 | 113 | |
| Interest and debt expense | (5) | (11) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (5) | (10) | |
| Income from continuing operations before income taxes: | 104 | 92 | |
| Income tax expense | (35) | (31) | |
| Net income available to common stockholders, diluted: | 68 | 61 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|
| Net income: | 68 | 61 | |
| Comprehensive income: | 68 | 61 | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1 | 1 | |
| Comprehensive income, net of tax, attributable to parent: | 70 | 62 | |
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.