Sonic Corp (SONC) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
300 JOHNNY BENCH DRIVE OKLAHOMA CITY, OK 73104 |
| State of Incorp. | DE |
| Fiscal Year End | August 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 8/31/2018 Q4 | 5/31/2018 Q3 | 2/28/2018 Q2 | 11/30/2017 Q1 | 8/31/2017 Q4 | 5/31/2017 Q3 | 2/28/2017 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 44,869 | 64,238 | 23,532 | 22,340 | 52,050 | 33,890 | |||
| Cash and cash equivalent | 44,869 | 64,238 | 23,532 | 22,340 | 52,050 | 33,890 | |||
| Restricted cash and investments | 15,017 | 10,367 | 14,808 | 19,736 | 11,136 | 8,397 | |||
| Receivables | 37,571 | 32,073 | 35,844 | 33,758 | 40,361 | 28,064 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,343 | ||||||||
| Inventory | 2,343 | ||||||||
| Prepaid expense | 11,809 | 5,455 | |||||||
| Disposal group, including discontinued operation | 5,150 | ||||||||
| Other current assets | 3,523 | 402 | |||||||
| Capital leases, lessor balance sheet, net investment in direct financing and sales type leases | 317 | 16,001 | |||||||
| Other undisclosed current assets | 6,678 | 12,531 | 14,092 | 8,488 | |||||
| Total current assets: | 104,135 | 122,010 | 86,715 | 89,184 | 117,956 | 94,840 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 300,870 | 310,123 | 305,907 | 312,380 | 327,527 | 359,119 | |||
| Long-term investments and receivables | 18,238 | 14,128 | 10,905 | 21,654 | 21,688 | 21,923 | |||
| Capital leases, lessor balance sheet, net investment in direct financing and sales type leases | 11,853 | 11,611 | 11,687 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 18,238 | 14,128 | 10,905 | 9,801 | 10,077 | 10,236 | |||
| Intangible assets, net (including goodwill) | 75,344 | 75,733 | 75,756 | 75,756 | 75,761 | 75,763 | |||
| Goodwill | 75,344 | 75,733 | 75,756 | 75,756 | 75,761 | 75,763 | |||
| Restricted cash and investments | 13,457 | 8,729 | 41,382 | 42,120 | 124 | 124 | |||
| Other noncurrent assets | 32,203 | 29,406 | 29,974 | 18,211 | 18,175 | 17,128 | |||
| Other undisclosed noncurrent assets | 1,299 | 1,407 | 2,274 | 2,439 | 2,603 | 2,767 | |||
| Total noncurrent assets: | 441,411 | 439,526 | 466,198 | 472,560 | 445,878 | 476,824 | |||
| TOTAL ASSETS: | 545,546 | 561,536 | 552,913 | 561,744 | 563,834 | 571,664 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 50,221 | 45,288 | 44,265 | 54,059 | 52,917 | 52,005 | |||
| Taxes payable | 197 | 1,784 | 1,479 | ||||||
| Accounts payable | 11,649 | 10,569 | 10,911 | 9,213 | 11,142 | 12,896 | |||
| Accrued liabilities | 38,375 | 34,719 | 31,570 | 44,846 | 40,296 | 39,109 | |||
| Debt | 7,761 | 2,586 | 3,061 | 3,464 | 3,707 | 3,826 | |||
| Other undisclosed current liabilities | 530 | 705 | 662 | 1,093 | 934 | 850 | |||
| Total current liabilities: | 58,512 | 48,579 | 47,988 | 58,616 | 57,558 | 56,681 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 715,485 | 720,817 | 682,173 | 644,283 | 617,044 | 609,417 | |||
| Long-term debt, excluding current maturities | 701,853 | 706,534 | 666,600 | 628,116 | 601,631 | 593,147 | |||
| Capital lease obligations | 13,632 | 14,283 | 15,573 | 16,167 | 15,413 | 16,270 | |||
| Liabilities, other than long-term debt | 44,809 | 44,875 | 60,032 | 60,603 | 62,330 | 63,257 | |||
| Deferred tax liabilities, net | 25,737 | 26,205 | 40,407 | 40,101 | 41,547 | 42,500 | |||
| Other liabilities | 19,072 | 18,670 | 19,625 | 20,502 | 20,783 | 20,757 | |||
| Total noncurrent liabilities: | 760,294 | 765,692 | 742,205 | 704,886 | 679,374 | 672,674 | |||
| Total liabilities: | 818,806 | 814,271 | 790,193 | 763,502 | 736,932 | 729,355 | |||
| Equity | |||||||||
| Equity, attributable to parent | (273,260) | (252,735) | (237,280) | (201,758) | (173,098) | (157,691) | |||
| Common stock | 1,183 | 1,183 | 1,183 | 1,183 | 1,183 | 1,183 | |||
| Treasury stock, value | (1,479,228) | (1,441,714) | (1,412,270) | (1,373,853) | (1,329,396) | (1,300,169) | |||
| Additional paid in capital | 236,380 | 235,088 | 234,603 | 236,895 | 236,341 | 235,230 | |||
| Retained earnings | 968,405 | 952,708 | 939,204 | 934,017 | 918,774 | 906,065 | |||
| Total equity: | (273,260) | (252,735) | (237,280) | (201,758) | (173,098) | (157,691) | |||
| TOTAL LIABILITIES AND EQUITY: | 545,546 | 561,536 | 552,913 | 561,744 | 563,834 | 571,664 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 8/31/2018 Q4 | 5/31/2018 Q3 | 2/28/2018 Q2 | 11/30/2017 Q1 | 8/31/2017 Q4 | 5/31/2017 Q3 | 2/28/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 118,306 | 88,102 | 105,428 | 123,568 | 123,990 | 100,158 | ||
| Cost of revenue (Cost of Product and Service Sold) | (54,371) | (47,054) | (54,066) | (58,571) | (58,806) | (57,226) | ||
| Gross profit: | 63,935 | 41,048 | 51,362 | 64,997 | 65,184 | 42,932 | ||
| Operating expenses | (30,684) | (26,406) | (29,135) | (30,731) | (30,283) | (28,030) | ||
| Other operating income, net | 4,010 | 272 | 221 | 3,889 | 540 | 7,725 | ||
| Operating income: | 37,261 | 14,914 | 22,448 | 38,155 | 35,441 | 22,627 | ||
| Interest and debt expense | (8,598) | (9,448) | (7,675) | (7,472) | (7,318) | (7,227) | ||
| Income from continuing operations before equity method investments, income taxes: | 28,663 | 5,466 | 14,773 | 30,683 | 28,123 | 15,400 | ||
| Other undisclosed income from continuing operations before income taxes | 524 | 455 | 382 | 351 | 291 | 262 | ||
| Income from continuing operations before income taxes: | 29,187 | 5,921 | 15,155 | 31,034 | 28,414 | 15,662 | ||
| Income tax expense (benefit) | (7,611) | 13,686 | (3,725) | (10,203) | (9,663) | (4,699) | ||
| Income from continuing operations: | 21,576 | 19,607 | 11,430 | 20,831 | 18,751 | 10,963 | ||
| Income before gain (loss) on sale of properties: | 21,576 | 19,607 | 11,430 | 20,831 | 18,751 | 10,963 | ||
| Net income available to common stockholders, diluted: | 21,576 | 19,607 | 11,430 | 20,831 | 18,751 | 10,963 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 8/31/2018 Q4 | 5/31/2018 Q3 | 2/28/2018 Q2 | 11/30/2017 Q1 | 8/31/2017 Q4 | 5/31/2017 Q3 | 2/28/2017 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 21,576 | 19,607 | 11,430 | 20,831 | 18,751 | 10,963 | ||
| Comprehensive income, net of tax, attributable to parent: | 21,576 | 19,607 | 11,430 | 20,831 | 18,751 | 10,963 | ||
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.