Bankrate Inc (RATE) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1675 BROADWAY NEW YORK, NY 10019 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
6/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 176,680 | 236,866 | 141,725 | 230,071 | 83,590 | |||
Cash and cash equivalents | 176,680 | 236,866 | 141,725 | 230,071 | 83,590 | |||
Receivables | 52,211 | 56,148 | 70,865 | 61,962 | 52,598 | |||
Prepaid expense | 6,358 | 21,728 | 27,456 | 1,733 | ✕ | |||
Disposal group, including discontinued operation | 1,157 | 1,627 | ||||||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 13,691 | ||
Income taxes receivable | ✕ | ✕ | ✕ | ✕ | 11,316 | |||
Deferred tax assets | 6,407 | 7,155 | ||||||
Other current assets | 7,163 | 5,932 | 8,196 | 8,003 | ✕ | |||
Other undisclosed current assets | 28,520 | (7,553) | ||||||
Total current assets: | 270,932 | 321,831 | 256,276 | 308,924 | 153,642 | |||
Noncurrent Assets | ||||||||
Property, plant and equipment | 15,440 | 9,608 | 13,299 | 12,930 | 10,024 | |||
Intangible assets, net (including goodwill) | 791,924 | 773,302 | 980,355 | 962,181 | 984,905 | |||
Goodwill | 599,805 | 567,544 | 641,367 | 611,975 | 602,173 | |||
Intangible assets, net (excluding goodwill) | 192,119 | 205,758 | 338,988 | 350,206 | 382,732 | |||
Disposal group, including discontinued operation, noncurrent assets | 589 | ✕ | ✕ | |||||
Other noncurrent assets | 5,564 | 28,055 | 13,499 | 12,776 | ✕ | |||
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 11,579 | ||
Deferred tax assets, net | (7,552) | (51,633) | (51,699) | (64,482) | ||||
Other undisclosed noncurrent assets | 6,963 | 51,633 | 51,699 | 64,482 | ||||
Total noncurrent assets: | 812,928 | 810,965 | 1,007,153 | 987,887 | 1,006,508 | |||
TOTAL ASSETS: | 1,083,860 | 1,132,796 | 1,263,429 | 1,296,811 | 1,160,150 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 45,965 | 42,546 | 70,760 | 68,602 | 30,260 | |||
Interest and dividends payable | 6,887 | 6,890 | 6,980 | |||||
Taxes payable | 1,551 | 12,537 | ||||||
Employee-related liabilities | 8,152 | 8,370 | ||||||
Accounts payable | 11,191 | 10,082 | 8,047 | 7,149 | 8,227 | |||
Accrued liabilities | 27,887 | 25,574 | 46,030 | 40,546 | 22,033 | |||
Debt | 17 | 130 | 39 | |||||
Disposal group, including discontinued operation | 1,393 | 1,074 | ||||||
Deferred revenue and credits | 1,369 | 1,367 | 4,303 | 3,792 | 3,861 | |||
Deferred tax liabilities | 923 | |||||||
Other liabilities | 6,511 | 14,660 | 13,629 | 24,595 | 6,399 | |||
Other undisclosed current liabilities | (9,720) | (13,658) | 9,626 | |||||
Total current liabilities: | 53,845 | 59,966 | 80,063 | 83,461 | 51,108 | |||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 295,721 | 298,212 | 297,598 | 297,037 | 193,976 | |||
Long-term debt, excluding current maturities | 295,721 | 298,212 | 297,598 | 297,021 | 193,943 | |||
Capital lease obligations | 16 | 33 | ||||||
Liabilities, other than long-term debt | 44,916 | 13,423 | 67,884 | 87,986 | 131,309 | |||
Deferred compensation liability, classified | 228 | 222 | 194 | |||||
Deferred tax liabilities, net | 5,118 | 7,552 | 51,633 | 51,699 | 99,097 | |||
Liability for uncertainty in income taxes | 5,174 | 10,397 | 9,552 | |||||
Other liabilities | 39,798 | 5,871 | 10,849 | 25,668 | 22,466 | |||
Other undisclosed noncurrent liabilities | (5,402) | (10,635) | (44,394) | |||||
Total noncurrent liabilities: | 340,637 | 311,635 | 360,080 | 374,388 | 280,891 | |||
Total liabilities: | 394,482 | 371,601 | 440,143 | 457,849 | 331,999 | |||
Equity | ||||||||
Equity, attributable to parent | 689,378 | 761,195 | 823,286 | 838,962 | 828,151 | |||
Common stock | 1,032 | 1,039 | 1,047 | 1,017 | 1,000 | |||
Treasury stock, value | (142,983) | (88,616) | (46,494) | (591) | (591) | |||
Additional paid in capital | 903,177 | 886,261 | 892,738 | 864,152 | 843,393 | |||
Accumulated other comprehensive loss | (729) | (504) | (366) | (350) | (387) | |||
Accumulated deficit | (71,119) | (36,985) | (23,639) | (25,266) | (15,264) | |||
Total equity: | 689,378 | 761,195 | 823,286 | 838,962 | 828,151 | |||
TOTAL LIABILITIES AND EQUITY: | 1,083,860 | 1,132,796 | 1,263,429 | 1,296,811 | 1,160,150 |
Income Statement (P&L) ($ in thousands)
6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Revenues | 434,161 | 370,534 | 544,943 | 457,432 | 457,164 | ||
Cost of revenue | (227,546) | (171,794) | (322,080) | (151,050) | (146,357) | ||
Gross profit: | 206,615 | 198,740 | 222,863 | 306,382 | 310,807 | ||
Operating expenses | (219,113) | (149,155) | (510,384) | (279,667) | (250,853) | ||
Other operating expense, net (Other Nonrecurring (Income) Expense) | (1,403) | ||||||
Other undisclosed operating income | 6,481 | 421 | 323,483 | ||||
Operating income (loss): | (6,017) | 50,006 | 34,559 | 26,715 | 59,954 | ||
Interest and debt expense | (19,677) | (22,238) | (20,831) | (42,156) | (25,771) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 2,645 | ||||||
Income (loss) from continuing operations before income taxes: | (25,694) | 27,768 | 13,728 | (15,441) | 36,828 | ||
Income tax expense (benefit) | (8,344) | (10,115) | (7,635) | 5,439 | (7,497) | ||
Income (loss) from continuing operations: | (34,038) | 17,653 | 6,093 | (10,002) | 29,331 | ||
Income (loss) before gain (loss) on sale of properties: | (34,134) | (21,912) | 5,172 | (10,002) | 29,331 | ||
Extraordinary item, loss | ✕ | ✕ | (23,586) | ✕ | ✕ | ||
Loss from discontinued operations | (96) | (39,565) | (921) | ||||
Net income (loss): | (34,134) | (21,912) | (18,414) | (10,002) | 29,331 | ||
Other undisclosed net income attributable to parent | 8,566 | 23,586 | |||||
Net income (loss) available to common stockholders, diluted: | (34,134) | (13,346) | 5,172 | (10,002) | 29,331 |
Comprehensive Income ($ in thousands)
6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Net income (loss): | (34,134) | (21,912) | (18,414) | (10,002) | 29,331 | ||
Other comprehensive income (loss) | (225) | (138) | (173) | 37 | |||
Comprehensive income (loss): | (34,359) | (22,050) | (18,587) | (9,965) | 29,331 | ||
Other undisclosed comprehensive income, net of tax, attributable to parent | 8,566 | 23,586 | 353 | ||||
Comprehensive income (loss), net of tax, attributable to parent: | (34,359) | (13,484) | 4,999 | (9,965) | 29,684 |
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.