Versar Inc (VSRI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
6850 VERSAR CENTER SPRINGFIELD, VA 22151 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 8711 - Engineering Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 987 | 1,331 | 1,486 | 1,549 | 2,992 | 3,718 | |||
| Cash and cash equivalent | 987 | 1,331 | 1,486 | 1,549 | 2,992 | 3,718 | |||
| Receivables | 25,967 | 37,578 | 37,504 | 49,188 | 45,865 | 46,764 | |||
| Inventory, net of allowances, customer advances and progress billings | 74 | 188 | 177 | 221 | 1,166 | 1,243 | |||
| Inventory | 74 | 188 | 177 | 221 | 1,166 | 1,243 | |||
| Prepaid expense | 523 | ||||||||
| Other current assets | 12 | ||||||||
| Other undisclosed current assets | 1,891 | 1,564 | 2,451 | 472 | 2,648 | 3,770 | |||
| Total current assets: | 28,919 | 40,661 | 41,618 | 51,965 | 52,671 | 55,495 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 846 | 996 | 1,135 | 1,328 | 1,655 | 1,846 | |||
| Intangible assets, net (including goodwill) | 6,374 | 6,660 | 6,954 | 7,248 | 12,888 | 38,433 | |||
| Goodwill | 4,401 | 34,299 | |||||||
| Intangible assets, net (excluding goodwill) | 6,374 | 6,660 | 6,954 | 7,248 | 8,487 | 4,134 | |||
| Other noncurrent assets | 1,368 | 1,252 | 256 | 775 | 310 | 49 | |||
| Other undisclosed noncurrent assets | 8,519 | 449 | |||||||
| Total noncurrent assets: | 8,588 | 8,908 | 8,345 | 9,351 | 23,372 | 40,777 | |||
| TOTAL ASSETS: | 37,507 | 49,569 | 49,963 | 61,316 | 76,043 | 96,272 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 16,560 | 22,238 | 17,499 | 20,634 | 19,819 | 21,296 | |||
| Taxes payable | 4 | ||||||||
| Employee-related liabilities | 2,940 | 2,338 | 3,076 | 2,478 | 3,069 | 2,331 | |||
| Accounts payable | 12,920 | 18,896 | 14,078 | 18,156 | 16,750 | 18,965 | |||
| Accrued liabilities | 700 | 1,004 | 341 | ||||||
| Debt | 10,467 | 14,249 | 3,612 | 18,685 | 20,955 | 20,066 | |||
| Other liabilities | 6,843 | 6,492 | 6,901 | 7,724 | 3,211 | 5,563 | |||
| Deferred revenue and credits | 976 | 119 | 110 | ||||||
| Billings in excess of cost | 7,156 | ||||||||
| Other undisclosed current liabilities | 2,525 | 3,688 | 16,921 | ||||||
| Total current liabilities: | 37,371 | 46,786 | 45,043 | 54,199 | 43,985 | 46,925 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,151 | 2,494 | 2,885 | 4,057 | |||||
| Long-term debt, excluding current maturities | 2,151 | 2,494 | 2,885 | 4,057 | |||||
| Liabilities, other than long-term debt | 2,056 | 3,175 | 3,136 | 3,555 | 3,398 | 6,391 | |||
| Other liabilities | 2,056 | 3,175 | 3,136 | 3,555 | 3,398 | 6,391 | |||
| Total noncurrent liabilities: | 2,056 | 3,175 | 5,287 | 6,049 | 6,283 | 10,448 | |||
| Total liabilities: | 39,427 | 49,961 | 50,330 | 60,248 | 50,268 | 57,373 | |||
| Equity | |||||||||
| Equity, attributable to parent | (1,920) | (392) | (367) | 1,068 | 25,775 | 38,899 | |||
| Common stock | 102 | 102 | 102 | 102 | 101 | 102 | |||
| Treasury stock, value | (1,484) | (1,484) | (1,480) | (1,480) | (1,478) | (1,475) | |||
| Additional paid in capital | 32,889 | 32,851 | 31,227 | 31,128 | 31,083 | 30,889 | |||
| Accumulated other comprehensive loss | (1,772) | (1,589) | (1,313) | (1,234) | (718) | (690) | |||
| Retained earnings (accumulated deficit) | (31,655) | (30,272) | (28,903) | (27,448) | (3,213) | 10,073 | |||
| Total equity: | (1,920) | (392) | (367) | 1,068 | 25,775 | 38,899 | |||
| TOTAL LIABILITIES AND EQUITY: | 37,507 | 49,569 | 49,963 | 61,316 | 76,043 | 96,272 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 25,287 | 30,527 | 29,315 | 39,191 | 36,484 | 47,337 | ||
| Cost of revenue (Cost of Product and Service Sold) | (23,327) | (28,361) | (27,559) | (42,792) | (35,641) | (43,717) | ||
| Gross profit: | 1,960 | 2,166 | 1,756 | (3,601) | 843 | 3,620 | ||
| Operating expenses | (2,846) | (3,334) | (2,999) | (190,075) | (21,901) | (3,317) | ||
| Other undisclosed operating income (loss) | 179,036 | |||||||
| Operating income (loss): | (886) | (1,168) | (1,243) | (14,640) | (21,058) | 303 | ||
| Nonoperating income (Investment Income, Nonoperating) | 6 | 3 | 4 | 9 | 10 | |||
| Interest and debt expense | (597) | (197) | (211) | (162) | (189) | (176) | ||
| Income (loss) from continuing operations before income taxes: | (1,477) | (1,362) | (1,450) | (14,793) | (21,237) | 127 | ||
| Income tax expense (benefit) | (5) | (9,443) | 7,952 | (62) | ||||
| Income (loss) from continuing operations: | (1,477) | (1,362) | (1,455) | (24,236) | (13,285) | 65 | ||
| Income (loss) before gain (loss) on sale of properties: | (1,477) | (1,362) | (1,455) | (24,236) | (13,285) | 65 | ||
| Net income (loss) available to common stockholders, diluted: | (1,477) | (1,362) | (1,455) | (24,236) | (13,285) | 65 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (1,477) | (1,362) | (1,455) | (24,236) | (13,285) | 65 | ||
| Comprehensive income (loss): | (1,477) | (1,362) | (1,455) | (24,236) | (13,285) | 65 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (180) | (324) | (79) | (516) | (28) | (78) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,657) | (1,686) | (1,534) | (24,752) | (13,313) | (13) | ||
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.