TTEC Holdings, Inc. (TTEC) financial statements (2021 and earlier)
Company profile
| Business Address |
9197 S PEORIA STREET ENGLEWOOD, CO 80112 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 7363 - Help Supply Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 82 | 85 | 76 | 89 | 78 | 94 | 71 | ||
| Cash and cash equivalents | 82 | 85 | 76 | 89 | 78 | 94 | 71 | ||
| Receivables | 52 | 41 | 37 | 7 | 360 | 315 | 329 | ||
| Contract with customer, asset | 26 | 24 | |||||||
| Disposal group, including discontinued operation | 8 | 9 | |||||||
| Other undisclosed current assets | 389 | 390 | 400 | 427 | 65 | 86 | 71 | ||
| Total current assets: | 550 | 516 | 512 | 523 | 526 | 503 | 481 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 151 | 146 | 137 | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 177 | 165 | 163 | 165 | 162 | 161 | 156 | ||
| Intangible assets, net (including goodwill) | 417 | 276 | 281 | 284 | 286 | 285 | 291 | ||
| Goodwill | 302 | 204 | 206 | 205 | 205 | 202 | 204 | ||
| Intangible assets, net (excluding goodwill) | 116 | 72 | 76 | 79 | 81 | 83 | 87 | ||
| Deferred income tax assets | 13 | ✕ | ✕ | ✕ | |||||
| Other noncurrent assets | 69 | 67 | 71 | 65 | 65 | 67 | 43 | ||
| Other undisclosed noncurrent assets | 12 | 15 | 152 | 16 | 22 | 17 | |||
| Total noncurrent assets: | 827 | 666 | 667 | 666 | 528 | 536 | 508 | ||
| TOTAL ASSETS: | 1,377 | 1,182 | 1,179 | 1,189 | 1,055 | 1,039 | 989 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 269 | 265 | 232 | 211 | 171 | 184 | 149 | ||
| Accounts payable | 64 | 66 | 57 | 60 | 59 | 52 | 45 | ||
| Accrued liabilities | 79 | 78 | 63 | 31 | 16 | 30 | 18 | ||
| Employee-related liabilities | 114 | 111 | 102 | 102 | 83 | 89 | 76 | ||
| Taxes payable | 11 | 10 | 11 | 19 | 12 | 14 | 10 | ||
| Deferred revenue | 39 | 40 | 40 | ✕ | ✕ | ✕ | |||
| Debt | 45 | 42 | 39 | ||||||
| Disposal group, including discontinued operation | 4 | 4 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 25 | ||
| Contract with customer, liability | ✕ | ✕ | ✕ | 40 | 45 | 34 | |||
| Other liabilities | 10 | 12 | 13 | 15 | 19 | 22 | 24 | ||
| Other undisclosed current liabilities | 38 | ||||||||
| Total current liabilities: | 363 | 358 | 323 | 305 | 235 | 243 | 202 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 417 | 325 | 346 | 242 | 282 | 273 | 289 | ||
| Long-term debt, excluding current maturities | 290 | 199 | 228 | 242 | 282 | 273 | 289 | ||
| Operating lease, liability | 127 | 126 | 118 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 115 | 111 | 119 | 162 | 184 | 194 | 166 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 15 | ||
| Accounts payable and accrued liabilities | 25 | 27 | 28 | 31 | 31 | 38 | 38 | ||
| Deferred rent credit | 17 | 15 | |||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 10 | 10 | 11 | 11 | ||
| Deferred income tax liabilities | 11 | 10 | 11 | ✕ | ✕ | ✕ | |||
| Other liabilities | 80 | 74 | 80 | 121 | 127 | 130 | 101 | ||
| Other undisclosed noncurrent liabilities | 114 | ||||||||
| Total noncurrent liabilities: | 533 | 436 | 466 | 518 | 466 | 467 | 455 | ||
| Total liabilities: | 896 | 795 | 789 | 823 | 702 | 710 | 657 | ||
| Temporary equity, carrying amount | 49 | ||||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 418 | 374 | 378 | 355 | 345 | 320 | 323 | ||
| Treasury stock, value | (605) | (605) | (607) | (608) | (610) | (610) | (613) | ||
| Additional paid in capital | 356 | 353 | 354 | 354 | 354 | 351 | 353 | ||
| Accumulated other comprehensive loss | (106) | (119) | (111) | (120) | (125) | (126) | (129) | ||
| Retained earnings | 773 | 745 | 742 | 730 | 726 | 705 | 713 | ||
| Stockholders' equity attributable to noncontrolling interest | 13 | 12 | 12 | 10 | 8 | 8 | 8 | ||
| Other undisclosed stockholders' equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total stockholders' equity: | 432 | 387 | 391 | 365 | 353 | 329 | 332 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,377 | 1,182 | 1,179 | 1,189 | 1,055 | 1,039 | 989 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 461 | 396 | 393 | 394 | 419 | 365 | 350 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 350 | |
| Cost of revenue | (346) | (305) | (299) | (293) | (310) | (287) | (274) | |
| Cost of goods and services sold | (346) | (305) | (299) | (287) | ||||
| Gross profit: | 116 | 91 | 93 | 101 | 110 | 78 | 76 | |
| Operating expenses | (73) | (65) | (70) | (69) | (71) | (63) | (62) | |
| Operating income: | 43 | 26 | 23 | 32 | 39 | 15 | 14 | |
| Nonoperating expense | (6) | (1) | (2) | (4) | (6) | (6) | (7) | |
| Investment income, nonoperating | 1 | 1 | 0 | 0 | 1 | 1 | 1 | |
| Other nonoperating income (expense) | (1) | 3 | 2 | 1 | (3) | 1 | 2 | |
| Interest and debt expense | (6) | (4) | (4) | (5) | (6) | (8) | (8) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 31 | 21 | 17 | 23 | 27 | 0 | (1) | |
| Other undisclosed income from continuing operations before income taxes | 6 | 4 | 4 | 5 | 6 | 8 | 8 | |
| Income from continuing operations before income taxes: | 36 | 25 | 21 | 28 | 33 | 9 | 7 | |
| Income tax expense | (6) | (5) | (7) | (7) | (12) | (2) | (1) | |
| Net income: | 31 | 20 | 14 | 20 | 21 | 7 | 6 | |
| Net loss attributable to noncontrolling interest | (2) | (2) | (2) | (1) | (0) | (1) | (1) | |
| Net income available to common stockholders, diluted: | 28 | 18 | 12 | 19 | 20 | 5 | 6 | |
Comprehensive Income ($ in millions)
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 31 | 20 | 14 | 20 | 21 | 7 | 6 | |
| Other comprehensive income (loss) | 13 | (8) | 9 | 5 | 1 | 3 | (22) | |
| Comprehensive income (loss): | 43 | 12 | 23 | 25 | 22 | 10 | (15) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (3) | (2) | (2) | (2) | (0) | (1) | (1) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 41 | 10 | 21 | 24 | 22 | 9 | (16) | |
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.