Volt Information Sciences, Inc. (VOLT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2401 N. GLASSELL ST. ORANGE, CA 92865 |
| State of Incorp. | NY |
| Fiscal Year End | October 31 |
| Industry (SIC) | 7363 - Help Supply Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 41,403 | 31,694 | 27,826 | 40,601 | 9,987 | 14,987 | |||
| Cash and cash equivalents | 38,550 | 28,672 | 24,763 | 37,077 | 6,386 | 10,188 | |||
| Short-term investments | 2,853 | 3,022 | 3,063 | 3,524 | 3,601 | 4,799 | |||
| Restricted cash and investments | 17,883 | 9,772 | 3,100 | 3,500 | 3,600 | 10,178 | |||
| Receivables | 121,916 | 135,950 | 165,441 | 188,361 | 228,645 | 230,468 | |||
| Prepaid expense | 2,121 | 7,108 | |||||||
| Other current assets | 7,058 | 7,252 | 7,348 | 11,755 | 9,685 | 8,757 | |||
| Other undisclosed current assets | 781 | 620 | 6,527 | 8,443 | |||||
| Total current assets: | 188,260 | 184,668 | 204,496 | 244,837 | 260,565 | 279,941 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 25,107 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 4,958 | 4,231 | 4,790 | 5,167 | 7,700 | 12,387 | |||
| Intangible assets, net (including goodwill) | 5,397 | 5,351 | 5,476 | 5,083 | 6,435 | ||||
| Goodwill | 5,397 | 5,351 | 5,476 | 5,083 | 6,435 | ||||
| Other noncurrent assets | 6,311 | 7,446 | 7,808 | 10,851 | 20,684 | ||||
| Other undisclosed noncurrent assets | 17,209 | 16,262 | 14,251 | 18,478 | 22,433 | 28,063 | |||
| Total noncurrent assets: | 53,585 | 33,336 | 32,200 | 39,972 | 55,900 | 46,885 | |||
| TOTAL ASSETS: | 241,845 | 218,004 | 236,696 | 284,809 | 316,465 | 326,826 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 63,452 | 59,418 | 61,715 | 62,207 | 84,363 | 70,370 | |||
| Taxes payable | 13,874 | 1,570 | 1,097 | 808 | 22,791 | 1,658 | |||
| Employee-related liabilities | 18,357 | 21,507 | 27,120 | 24,504 | 29,147 | 29,548 | |||
| Accounts payable | 31,221 | 36,341 | 33,498 | 36,895 | 32,425 | 39,164 | |||
| Debt | 50,000 | 2,050 | 982 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1,213 | ||||
| Deferred tax liabilities | ✕ | ✕ | ✕ | 240 | |||||
| Other undisclosed current liabilities | 23,052 | 35,898 | 38,610 | 50,749 | 40,066 | 63,002 | |||
| Total current liabilities: | 86,504 | 95,316 | 100,325 | 162,956 | 126,479 | 135,807 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 97,386 | 53,894 | 49,068 | 95,000 | 106,313 | ||||
| Long-term debt, excluding current maturities | 59,154 | 53,894 | 49,068 | 95,000 | 106,313 | ||||
| Liabilities, other than long-term debt | 93 | 20,576 | 36,294 | 36,653 | 46,021 | 20,215 | |||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 22,216 | 24,162 | 26,108 | |||
| Accounts payable and accrued liabilities | 90 | 289 | 14,078 | 12,491 | 16,776 | 16,990 | |||
| Deferred gain on sale of property | 20,270 | ✕ | ✕ | ✕ | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 3,137 | 3,225 | ||||
| Deferred income tax liabilities | 3 | 17 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 38,232 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | 29,988 | 12,029 | 510 | 1,206 | |||||
| Total noncurrent liabilities: | 127,467 | 86,499 | 85,872 | 37,859 | 141,021 | 126,528 | |||
| Total liabilities: | 213,971 | 181,815 | 186,197 | 200,815 | 267,500 | 262,335 | |||
| Equity | |||||||||
| Equity, attributable to parent | 27,874 | 36,189 | 50,499 | 83,994 | 48,965 | 64,491 | |||
| Common stock | 2,374 | 2,374 | 2,374 | 2,374 | 2,374 | 2,374 | |||
| Treasury stock, value | (18,186) | (26,155) | (33,600) | (37,607) | (40,361) | (43,726) | |||
| Additional paid in capital | 79,937 | 77,688 | 79,057 | 78,645 | 76,564 | 75,803 | |||
| Accumulated other comprehensive loss | (6,458) | (6,801) | (7,070) | (5,261) | (10,612) | (7,994) | |||
| Retained earnings (accumulated deficit) | (29,793) | (10,917) | 9,738 | 45,843 | 21,000 | 38,034 | |||
| Total equity: | 27,874 | 36,189 | 50,499 | 83,994 | 48,965 | 64,491 | |||
| TOTAL LIABILITIES AND EQUITY: | 241,845 | 218,004 | 236,696 | 284,809 | 316,465 | 326,826 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 822,055 | 997,090 | 1,039,170 | 1,194,436 | 1,334,747 | 1,496,897 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,496,897 | |||
| Cost of revenue | (694,204) | (844,527) | (885,492) | (1,007,041) | (1,132,253) | (1,274,725) | ||
| Cost of goods and services sold | (694,204) | (844,527) | (885,492) | (1,192,992) | ||||
| Gross profit: | 127,851 | 152,563 | 153,678 | 187,395 | 202,494 | 222,172 | ||
| Operating expenses | (154,579) | (157,740) | (173,843) | (198,824) | (203,930) | (234,932) | ||
| Other undisclosed operating income (loss) | (2,641) | (4,656) | (8,242) | 50,592 | (4,453) | |||
| Operating income (loss): | (29,369) | (9,833) | (28,407) | 39,163 | (5,889) | (12,760) | ||
| Nonoperating expense | (3,173) | (4,375) | (3,320) | (6,950) | (6,506) | (2,380) | ||
| Investment income, nonoperating | 78 | 274 | 173 | 146 | 572 | |||
| Gain (loss), foreign currency transaction, before tax | (85) | (612) | 403 | (1,637) | (1,803) | (249) | ||
| Other nonoperating income (expense) | (869) | (881) | (1,131) | (1,562) | (1,544) | 541 | ||
| Interest and debt expense | (2,297) | (3,156) | (2,765) | (3,790) | (3,305) | (3,244) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,297 | 3,156 | 2,765 | 3,790 | 3,305 | 3,244 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (32,542) | (14,208) | (31,727) | 32,213 | (12,395) | (15,140) | ||
| Other undisclosed income from continuing operations before income taxes | ||||||||
| Income (loss) from continuing operations before income taxes: | (32,542) | (14,208) | (31,727) | 32,213 | (12,395) | (15,140) | ||
| Income tax expense | (1,045) | (978) | (958) | (3,388) | (2,175) | (4,646) | ||
| Income (loss) from continuing operations: | (33,587) | (15,186) | (32,685) | 28,825 | (14,570) | (19,786) | ||
| Income (loss) before gain (loss) on sale of properties: | (33,587) | (15,186) | (32,685) | 28,825 | (14,570) | (19,786) | ||
| Net income (loss): | (33,587) | (15,186) | (32,685) | 28,825 | (14,570) | (19,786) | ||
| Other undisclosed net loss attributable to parent | (1,693) | (4,834) | ||||||
| Net income (loss) available to common stockholders, diluted: | (33,587) | (15,186) | (32,685) | 27,132 | (14,570) | (24,620) | ||
Comprehensive Income ($ in thousands)
| 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | 10/31/2017 | 10/31/2016 | 10/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (33,587) | (15,186) | (32,685) | 28,825 | (14,570) | (19,786) | ||
| Other comprehensive income (loss) | (1,809) | 5,351 | (2,618) | (1,594) | ||||
| Comprehensive income (loss): | (33,587) | (15,186) | (34,494) | 34,176 | (17,188) | (21,380) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 343 | 269 | (1,693) | (4,834) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (33,244) | (14,917) | (34,494) | 32,483 | (17,188) | (26,214) | ||
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.