Cambium Learning Group Inc (ABCD) Financial Statements (2024 and earlier)

Company Profile

Business Address 17855 NORTH DALLAS PARKWAY, SUITE 400
DALLAS, TX 75287
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 2741 - Miscellaneous Publishing (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2018
MRQ
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 8,4934,9308,64534,38767,99351,904
Cash and cash equivalents 8,4934,9308,64534,38767,99351,904
Restricted cash and investments 9619881,2651,3451,343 
Receivables 12,93713,37814,64014,30415,76717,813
Inventory, net of allowances, customer advances and progress billings 2,3822,8644,6945,3379,22116,620
Inventory 2,3822,8644,6945,3379,22116,620
Prepaid expense 1,7621,5331,3671,7141,369
Deferred costs 9,2468,6508,5145,9084,9684,132
Prepaid expense and other current assets5,892
Assets held-for-sale 380
Income taxes receivable 12,234
Deferred tax assets    546536137
Other current assets 1851,052100  
Other undisclosed current assets      118
Total current assets: 35,96633,39539,22563,541101,197109,230
Noncurrent Assets
Property, plant and equipment 22,08623,50722,54020,85620,31521,021
Intangible assets, net (including goodwill) 47,12553,99358,49464,81167,51772,162
Goodwill 43,51847,84247,84247,84247,84247,404
Intangible assets, net (excluding goodwill) 3,6076,15110,65216,96919,67524,758
Restricted cash and investments 1,2932,2783,0994,1525,4926,754
Deferred costs    8284,5416,121
Other noncurrent assets 3,7123,5204,8177,6358,288
Prepaid expense and other noncurrent assets9,632
Deferred tax assets, net 30,614  (559)(570)(273)
Other undisclosed noncurrent assets 17,75815,24713,21010,3029,4305,812
Total noncurrent assets: 122,58898,545102,160108,025115,013121,229
TOTAL ASSETS: 158,554131,940141,385171,566216,210230,459
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 14,50913,89216,21732,94826,58023,537
Interest and dividends payable    5,119  
Employee-related liabilities    8,785  
Accounts payable 2,3882,1721,9931,6121,3013,007
Accrued liabilities 12,12111,72014,22417,43225,27920,530
Debt 5,9587,3503,8501,0769951,290
Deferred compensation liability      57
Deferred revenue and credits86,91383,31874,10761,78853,53245,974
Other undisclosed current liabilities    (13,904) 7,542
Total current liabilities: 107,380104,56094,17481,90881,10778,400
Noncurrent Liabilities
Long-term debt and lease obligation 41,84167,13097,872140,666176,510177,342
Long-term debt, excluding current maturities 41,84167,13097,872139,723174,491174,328
Capital lease obligations    9432,0193,014
Liabilities, other than long-term debt 23,62521,51223,50838,12634,12734,463
Deferred revenue and credits13,99511,39511,48110,4529,0307,088
Pension and other postretirement defined benefit plans, liabilities10,24111,392
Accounts payable and accrued liabilities    1,237  
Accrued income taxes902852
Deferred compensation liability, classified    359  
Liability, pension and other postretirement and postemployment benefits    11,440
Other liabilities 9,63010,11712,02714,63813,95415,131
Other undisclosed noncurrent liabilities    (14,079)(12,344)(13,701)
Total noncurrent liabilities: 65,46688,642121,380164,713198,293198,104
Total liabilities: 172,846193,202215,554246,621279,400276,504
Equity
Equity, attributable to parent, including: (14,292)(61,262)(74,169)(75,055)(63,190)(46,045)
Common stock 535352525151
Treasury stock, value (12,784)(12,784)(12,784)(12,784)(12,147)(7,528)
Additional paid in capital 289,022286,943285,306284,243283,673282,450
Accumulated other comprehensive loss (2,093)(1,929)(2,768)(3,916)(2,072)(2,576)
Accumulated deficit (288,490)(333,545)(343,975)(342,650)(332,695)(318,442)
Warrants and rights outstanding      300
Other undisclosed equity, attributable to parent      (300)
Total equity: (14,292)(61,262)(74,169)(75,055)(63,190)(46,045)
TOTAL LIABILITIES AND EQUITY: 158,554131,940141,385171,566216,210230,459

Income Statement (P&L) ($ in thousands)

9/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 158,184152,358144,920141,747150,520148,559
Cost of revenue (45,534)(48,264)(48,700)(56,144)(64,207)(75,679)
Cost of goods and services sold (27,566)(30,122)(31,330)(37,874)(46,688)(50,963)
Gross profit: 112,650104,09496,22085,60386,31372,880
Operating expenses (84,566)(82,077)(76,166)(73,348)(75,106)(185,602)
Other operating expense, net      (81,535)
Other undisclosed operating income (loss) (7,122)(3,406)(3,868)(4,209)(7,240)78,304
Operating income (loss): 20,96218,61116,1868,0463,967(115,953)
Nonoperating income
(Other Nonoperating income)
   6791,1807641,125
Interest and debt expense (5,228)(7,904)(18,010)(18,585)(19,010)(19,116)
Other undisclosed income from continuing operations before equity method investments, income taxes    4191433
Income (loss) from continuing operations before equity method investments, income taxes: 15,73410,707(1,145)(9,355)(14,088)(133,511)
Other undisclosed income from continuing operations before income taxes 231613   
Income (loss) from continuing operations before income taxes: 15,75710,723(1,132)(9,355)(14,088)(133,511)
Income tax expense (benefit) 29,298(293)(193)(600)(165)(272)
Income (loss) from continuing operations: 45,05510,430(1,325)(9,955)(14,253)(133,783)
Income (loss) before gain (loss) on sale of properties: 45,05510,430(1,325)(9,955)(14,253)(133,783)
Net income (loss) available to common stockholders, diluted: 45,05510,430(1,325)(9,955)(14,253)(133,783)

Comprehensive Income ($ in thousands)

9/30/2018
TTM
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): 45,05510,430(1,325)(9,955)(14,253)(133,783)
Comprehensive income (loss): 45,05510,430(1,325)(9,955)(14,253)(133,783)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (164)8391,148(1,844)504(945)
Comprehensive income (loss), net of tax, attributable to parent: 44,89111,269(177)(11,799)(13,749)(134,728)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: