Xerium Technologies Inc (XRM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
14101 CAPITAL BOULEVARD YOUNGSVILLE, NC 27596 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2221 - Broadwoven Fabric Mills, Manmade Fiber and Silk (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,901 | 17,253 | 9,881 | 11,059 | 10,138 | 12,808 | |||
| Cash and cash equivalent | 9,901 | 17,253 | 9,881 | 11,059 | 10,138 | 12,808 | |||
| Receivables | 82,473 | 76,633 | 75,721 | 76,245 | 74,666 | 68,667 | |||
| Inventory, net of allowances, customer advances and progress billings | 76,647 | 74,725 | 79,302 | 76,497 | 73,997 | 70,822 | |||
| Inventory | 76,647 | 74,725 | 79,302 | 76,497 | 73,997 | 70,822 | |||
| Prepaid expense | 13,685 | 11,335 | 11,623 | 6,892 | 5,658 | 6,325 | |||
| Other current assets | 16,845 | 15,316 | 16,575 | 17,022 | 17,733 | 15,784 | |||
| Total current assets: | 199,551 | 195,262 | 193,102 | 187,715 | 182,192 | 174,406 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 281,442 | 282,378 | 288,293 | 284,884 | 288,009 | 284,101 | |||
| Long-term investments and receivables | (4,106) | (3,620) | |||||||
| Accounts and financing receivable, after allowance for credit loss | (4,106) | (3,620) | |||||||
| Intangible assets, net (including goodwill) | 72,836 | 70,748 | 70,147 | 68,024 | 65,758 | 64,113 | |||
| Goodwill | 67,178 | 64,783 | 62,966 | 60,598 | 58,064 | 56,783 | |||
| Intangible assets, net (excluding goodwill) | 5,658 | 5,965 | 7,181 | 7,426 | 7,694 | 7,330 | |||
| Other noncurrent assets | 9,211 | 9,358 | 8,087 | 8,105 | 8,350 | 8,556 | |||
| Deferred tax assets, net | 10,443 | 12,776 | 12,810 | 10,737 | |||||
| Other undisclosed noncurrent assets | 11,198 | 14,209 | 3,620 | ||||||
| Total noncurrent assets: | 374,687 | 372,587 | 376,970 | 373,789 | 374,927 | 367,507 | |||
| TOTAL ASSETS: | 574,238 | 567,849 | 570,072 | 561,504 | 557,119 | 541,913 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 91,338 | 104,011 | 87,629 | 103,133 | 94,810 | 100,690 | |||
| Accounts payable | 40,256 | 39,856 | 36,643 | 37,989 | 42,261 | 36,158 | |||
| Accrued liabilities | 51,082 | 64,155 | 50,986 | 65,144 | 52,549 | 64,532 | |||
| Debt | 18,477 | 19,124 | 18,617 | 16,999 | |||||
| Other undisclosed current liabilities | 19,012 | 15,928 | |||||||
| Total current liabilities: | 109,815 | 123,023 | 106,753 | 121,750 | 111,809 | 116,618 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 500,118 | 489,856 | 487,832 | 479,773 | 483,981 | 492,159 | |||
| Long-term debt, excluding current maturities | 484,929 | 473,904 | 487,832 | 479,773 | 483,981 | 472,923 | |||
| Capital lease obligations | 15,189 | 15,952 | 16,831 | 17,464 | 18,216 | 19,236 | |||
| Other undisclosed long-term debt and lease obligation | (16,831) | (17,464) | (18,216) | ||||||
| Liabilities, other than long-term debt | 78,845 | 78,539 | 83,588 | 81,549 | 82,681 | 80,041 | |||
| Deferred tax liabilities, net | 9,794 | 8,661 | 8,442 | 7,157 | |||||
| Liability, pension and other postretirement and postemployment benefits | 68,901 | 69,205 | 64,538 | 64,217 | 65,183 | 65,026 | |||
| Other liabilities | 9,944 | 9,334 | 9,256 | 8,671 | 9,056 | 7,858 | |||
| Other undisclosed noncurrent liabilities | 12,897 | ||||||||
| Total noncurrent liabilities: | 578,963 | 581,292 | 571,420 | 561,322 | 566,662 | 572,200 | |||
| Total liabilities: | 688,778 | 704,315 | 678,173 | 683,072 | 678,471 | 688,818 | |||
| Equity | |||||||||
| Equity, attributable to parent | (128,141) | (136,466) | (124,932) | (139,032) | (139,568) | (146,905) | |||
| Common stock | 16 | 16 | 16 | 16 | 16 | 16 | |||
| Additional paid in capital | 432,785 | 432,489 | 432,220 | 432,036 | 431,354 | 430,823 | |||
| Accumulated other comprehensive loss | (105,128) | (111,259) | (109,006) | (121,773) | (125,038) | (134,678) | |||
| Accumulated deficit | (455,814) | (457,712) | (448,162) | (449,311) | (445,900) | (443,066) | |||
| Total equity: | (128,141) | (136,466) | (124,932) | (139,032) | (139,568) | (146,905) | |||
| Other undisclosed liabilities and equity | 13,601 | 16,831 | 17,464 | 18,216 | |||||
| TOTAL LIABILITIES AND EQUITY: | 574,238 | 567,849 | 570,072 | 561,504 | 557,119 | 541,913 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 126,075 | 122,392 | 118,451 | 120,339 | 119,866 | 113,188 | ||
| Revenue, net | ✕ | 126,075 | 122,392 | 118,451 | 120,339 | 119,866 | 113,188 | |
| Cost of revenue (Cost of Product and Service Sold) | (78,842) | 206,738 | (74,114) | (71,454) | (72,370) | 212,295 | ||
| Gross profit: | 47,233 | 329,130 | 44,337 | 48,885 | 47,496 | 325,483 | ||
| Operating expenses | (110,008) | (112,813) | (102,457) | (105,390) | (105,606) | (104,359) | ||
| Other undisclosed operating income (loss) | 78,842 | (217,938) | 74,114 | 71,454 | 72,370 | (212,295) | ||
| Operating income (loss): | 16,067 | (1,621) | 15,994 | 14,949 | 14,260 | 8,829 | ||
| Nonoperating income (expense) | 532 | 2,315 | 56 | (1,246) | (1,125) | 93 | ||
| Gain (loss), foreign currency transaction, before tax | 532 | 2,315 | 56 | (1,246) | (1,125) | 93 | ||
| Interest and debt expense | (12,765) | (13,184) | (13,087) | (13,281) | (13,263) | 21,277 | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 8,226 | (46,155) | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 3,834 | (4,264) | 2,963 | 422 | (128) | (15,956) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (266) | 32 | (7) | (25) | 11,736 | |||
| Income (loss) from continuing operations before income taxes: | 3,568 | (4,232) | 2,963 | 415 | (153) | (4,220) | ||
| Income tax expense | (1,337) | (5,318) | (1,814) | (3,826) | (2,681) | (4,725) | ||
| Income (loss) from continuing operations: | 2,231 | (9,550) | 1,149 | (3,411) | (2,834) | (8,945) | ||
| Income (loss) before gain (loss) on sale of properties: | 2,231 | (9,550) | 1,149 | (3,411) | (2,834) | (8,945) | ||
| Net income (loss) available to common stockholders, diluted: | 2,231 | (9,550) | 1,149 | (3,411) | (2,834) | (8,945) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 2,231 | (9,550) | 1,149 | (3,411) | (2,834) | (8,945) | ||
| Other comprehensive income (loss) | 100 | 23,362 | 277 | (112) | (109) | (11,445) | ||
| Comprehensive income (loss): | 2,331 | 13,812 | 1,426 | (3,523) | (2,943) | (20,390) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 6,031 | (25,615) | 12,490 | 3,377 | 9,749 | (17,108) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 8,362 | (11,803) | 13,916 | (146) | 6,806 | (37,498) | ||
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.