Skyline Champion Corporation (SKY) financial statements (2021 and earlier)
Company profile
| Business Address |
755 W BIG BEAVER ROAD TROY, MI 48084 |
| State of Incorp. | IN |
| Fiscal Year End | March 31 |
| SIC | 2451 - Mobile Homes (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 171 | 127 | 11 | 8 | 5 | 6 | 16 | ||
| Cash and cash equivalents | 171 | 127 | 11 | 8 | 5 | 6 | 12 | ||
| Short-term investments | 4 | ||||||||
| Receivables | 42 | 58 | 13 | 15 | 15 | 21 | 14 | ||
| Inventory, net of allowances, customer advances and progress billings | 108 | 123 | 12 | 11 | 9 | 11 | 9 | ||
| Inventory | 108 | 123 | 12 | 11 | 9 | 11 | 9 | ||
| Disposal group, including discontinued operation | 0 | ||||||||
| Other current assets | 13 | 11 | 1 | 0 | 0 | 1 | 0 | ||
| Other undisclosed current assets | 0 | 1 | 2 | 3 | 3 | ||||
| Total current assets: | 335 | 318 | 37 | 36 | 32 | 42 | 42 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 12 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 111 | 109 | 11 | 12 | 12 | 16 | 18 | ||
| Long-term investments and receivables | 2 | 2 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 2 | 2 | |||||||
| Intangible assets, net (including goodwill) | 218 | 222 | ✕ | ✕ | |||||
| Goodwill | 174 | 173 | |||||||
| Intangible assets, net (excluding goodwill) | 45 | 49 | |||||||
| Other noncurrent assets | 30 | 17 | 7 | 8 | 7 | 7 | 6 | ||
| Other undisclosed noncurrent assets | 19 | 34 | |||||||
| Total noncurrent assets: | 390 | 382 | 18 | 19 | 19 | 24 | 26 | ||
| TOTAL ASSETS: | 724 | 700 | 56 | 55 | 50 | 66 | 68 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 27 | 43 | 17 | 17 | 15 | 18 | |||
| Accounts payable | 27 | 43 | 4 | 4 | 3 | 5 | |||
| Accrued liabilities | 9 | 9 | 9 | 10 | |||||
| Employee-related liabilities | 4 | 4 | 3 | 3 | |||||
| Debt | 4 | ||||||||
| Disposal group, including discontinued operation | 0 | ||||||||
| Customer advances and deposits | ✕ | ✕ | 2 | 2 | ✕ | ✕ | |||
| Other liabilities | 119 | 130 | |||||||
| Other undisclosed current liabilities | 29 | 33 | 14 | ||||||
| Total current liabilities: | 178 | 206 | 18 | 18 | 15 | 18 | 14 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 39 | 54 | |||||||
| Long-term debt, excluding current maturities | 39 | 54 | |||||||
| Liabilities, other than long-term debt | 34 | 24 | 8 | 8 | 8 | 7 | 6 | ||
| Accounts payable and accrued liabilities | 3 | 3 | 2 | 2 | |||||
| Deferred compensation liability, classified | 5 | 5 | 5 | 5 | 6 | ||||
| Other liabilities | 34 | 24 | |||||||
| Other undisclosed noncurrent liabilities | 4 | 3 | 4 | 4 | 4 | 6 | 2 | ||
| Total noncurrent liabilities: | 77 | 82 | 12 | 12 | 12 | 14 | 8 | ||
| Other undisclosed liabilities | (18) | ||||||||
| Total liabilities: | 255 | 288 | 30 | 30 | 27 | 14 | 22 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 469 | 412 | 25 | 25 | 23 | 34 | 46 | ||
| Common stock | 2 | 2 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (66) | (66) | (66) | (66) | (66) | ||||
| Additional paid in capital | 483 | 479 | 5 | 5 | 5 | 5 | 5 | ||
| Accumulated other comprehensive loss | (10) | (11) | |||||||
| Retained earnings (accumulated deficit) | (6) | (58) | 86 | 86 | 84 | 94 | 106 | ||
| Other undisclosed stockholders' equity | 18 | ||||||||
| Total stockholders' equity: | 469 | 412 | 25 | 25 | 23 | 52 | 46 | ||
| TOTAL LIABILITIES AND EQUITY: | 724 | 700 | 56 | 55 | 50 | 66 | 68 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,396 | 1,360 | 237 | 212 | 187 | 192 | 178 | |
| Revenue, net | ✕ | ✕ | 237 | 212 | 187 | 192 | 178 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,111) | (1,115) | (215) | (188) | (170) | (181) | (166) | |
| Gross profit: | 285 | 245 | 22 | 23 | 17 | 10 | 11 | |
| Operating expenses | (194) | (270) | (22) | (21) | (21) | (22) | (22) | |
| Other undisclosed operating loss | (5) | (5) | ||||||
| Operating income (loss): | 87 | (30) | 0 | 2 | (4) | (12) | (11) | |
| Nonoperating income (expense) | (6) | (6) | 0 | 0 | 0 | |||
| Investment income, nonoperating | 2 | 0 | 0 | 0 | ||||
| Other nonoperating expense | (8) | |||||||
| Interest and debt expense | (4) | (5) | (0) | (0) | (0) | (0) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 77 | (41) | 0 | 2 | (4) | (12) | (11) | |
| Other undisclosed income from continuing operations before income taxes | 8 | |||||||
| Income (loss) from continuing operations before income taxes: | 85 | (41) | 0 | 2 | (4) | (12) | (11) | |
| Income tax expense | (24) | (17) | ||||||
| Income (loss) from continuing operations: | 61 | (58) | 0 | 2 | (4) | (12) | (11) | |
| Loss from discontinued operations | (0) | (6) | ||||||
| Net income (loss) attributable to parent: | 61 | (58) | 0 | 2 | (10) | (12) | (11) | |
| Undistributed earnings (loss) allocated to participating securities, basic | (0) | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Net income (loss) available to common stockholders, diluted: | 61 | (58) | 0 | 2 | (10) | (12) | (11) | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 3/31/2019 | 5/31/2017 | 5/31/2016 | 5/31/2015 | 5/31/2014 | 5/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 61 | (58) | 0 | 2 | (10) | (12) | (11) | |
| Other comprehensive loss | (1) | |||||||
| Other undisclosed comprehensive loss | (1) | |||||||
| Comprehensive income (loss): | 60 | (60) | 0 | 2 | (10) | (12) | (11) | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 3 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 63 | (60) | 0 | 2 | (10) | (12) | (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.