Premiere Global Services Inc (PGI) financial statements (2022 and earlier)

Company profile

Business Address 3280 PEACHTREE RD NE
ATLANTA, GA 30305-2422
State of Incorp. GA
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19,31720,70728,07340,54729,50531,92636,721
Cash and cash equivalents19,31720,70728,07340,22029,50531,92636,721
Short-term investments   327   
Restricted cash and investments   400   
Receivables90,05490,63993,31081,51491,21092,17787,923
Prepaid expense   2,325   
Income taxes receivable2,649
Other current assets   2,914   
Other undisclosed current assets27,76425,18619,43115,73422,52616,58722,163
Total current assets:137,135136,532140,814143,434143,241140,690149,456
Noncurrent Assets
Property, plant and equipment100,647101,595101,358100,954101,747105,894104,685
Long-term investments and receivables1,0001,0001,1001,1001,0001,0001,000
Long-term investments1,0001,0001,1001,1001,0001,0001,000
Intangible assets, net (including goodwill)506,500520,772518,068488,766466,670416,565417,089
Goodwill410,089417,699415,413386,416369,251341,524340,749
Intangible assets, net (excluding goodwill)96,411103,073102,655102,35097,41975,04176,340
Other noncurrent assets13,81014,98217,27020,73419,13517,38217,340
Other undisclosed noncurrent assets1,4221,2251,5621,2428101,403616
Total noncurrent assets:623,379639,574639,358612,796589,362542,244540,730
TOTAL ASSETS:760,514776,106780,172756,230732,603682,934690,186
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities115,361125,107123,963126,666111,670108,596102,763
Accounts payable48,41852,70254,92257,21156,11662,55454,667
Accrued liabilities51,42060,06251,87537,80734,20834,34831,939
Employee-related liabilities   9,427   
Taxes payable15,52312,34317,16619,77921,34611,69416,157
Interest and dividends payable   2,442   
Debt2,1992,0791,9881,9711,7811,8211,655
Restructuring reserve4311,3843,349958424544 
Deferred revenue and credits   10,538   
Deferred tax liabilities16319173728168
Other undisclosed current liabilities   (22,407)  819
Total current liabilities:118,007128,573129,319117,743113,912110,989105,405
Noncurrent Liabilities
Long-term debt and lease obligation, including:335,811339,775354,798332,825310,873251,937258,419
Capital lease obligations   1,930   
Other undisclosed long-term debt and lease obligation335,811339,775354,798330,895310,873251,937258,419
Liabilities, other than long-term debt59,02261,50861,60350,67247,63848,92150,730
Accounts payable and accrued liabilities34,19833,26136,13723,21925,75429,58729,212
Deferred tax liabilities, net24,82428,24725,39227,45321,88419,33421,500
Restructuring reserve  74   18
Total noncurrent liabilities:394,833401,283416,401383,497358,511300,858309,149
Total liabilities:512,840529,856545,720501,240472,423411,847414,554
Stockholders' equity
Stockholders' equity attributable to parent247,674246,250234,452254,990260,180271,087275,632
Common stock470485468475472479486
Additional paid in capital436,060432,838430,173442,585440,654444,691457,475
Accumulated other comprehensive income (loss)(16,603)(11,481)(15,825)(6,545)1,96811,3779,146
Accumulated deficit(172,253)(175,592)(180,364)(181,525)(182,914)(185,460)(191,475)
Total stockholders' equity:247,674246,250234,452254,990260,180271,087275,632
TOTAL LIABILITIES AND EQUITY:760,514776,106780,172756,230732,603682,934690,186

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

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Revenues
(Revenue, Net)
140,967144,304142,322139,162140,383144,287143,239
Cost of revenue(56,302)(56,885)(57,156)(56,055)(57,965)(59,001)(59,542)
Gross profit:84,66587,41985,16683,10782,41885,28683,697
Operating expenses(134,071)(136,203)(137,514)(358,146)(136,726)(133,435)(132,872)
Other undisclosed operating income56,30256,88557,156279,95357,96559,00159,542
Operating income:6,8968,1014,8084,9143,65710,85210,367
Nonoperating expense(3,991)(2,227)(2,860)(2,454)(1,387)(2,410)(1,800)
Other nonoperating income (expense)(1,018)649(247)302741(36)291
Interest and debt expense(2,975)(2,882)(2,621)(2,760)(2,133)(2,385)(2,100)
Other undisclosed income from continuing operations before equity method investments, income taxes2,9752,8822,6212,7602,1332,3852,100
Income from continuing operations before income taxes:2,9055,8741,9482,4602,2708,4428,567
Income tax expense (benefit)553(994)(561)934376(2,309)(3,297)
Income from continuing operations:3,4584,8801,3873,3942,6466,1335,270
Loss from discontinued operations(119)(108)(226)(96)(100)(118)(65)
Net income available to common stockholders, diluted:3,3394,7721,1613,2982,5466,0155,205

Comprehensive Income ($ in thousands)

9/30/2015
Q3
6/30/2015
Q2
3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
Net income:3,3394,7721,1613,2982,5466,0155,205
Other undisclosed comprehensive loss   (17,714)   
Comprehensive income (loss):3,3394,7721,161(14,416)2,5466,0155,205
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(5,135)4,357(9,280)9,201(9,409)2,231(2,023)
Comprehensive income (loss), net of tax, attributable to parent:(1,796)9,129(8,119)(5,215)(6,863)8,2463,182

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.

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