Aegion Corp (AEGN) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
17988 EDISON AVENUE CHESTERFIELD, MO 63005 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1623 - Water, Sewer, Pipeline, and Communications and Power Line Construction (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 94,848 | 64,874 | 83,527 | 105,717 | 129,500 | 209,253 | |||
| Cash and cash equivalents | 94,848 | 64,874 | 83,527 | 105,717 | 129,500 | 209,253 | |||
| Restricted cash and investments | 765 | 1,348 | 1,359 | 1,839 | 4,892 | 5,796 | |||
| Receivables | 133,394 | 192,604 | 204,541 | 201,570 | 186,016 | 200,883 | |||
| Inventory, net of allowances, customer advances and progress billings | 44,889 | 57,193 | 56,437 | 63,969 | 63,953 | 47,779 | |||
| Inventory | 44,889 | 57,193 | 56,437 | 63,969 | 63,953 | 47,779 | |||
| Contract with customer, asset, after allowance for credit loss | 44,026 | 51,092 | 62,467 | ✕ | ✕ | ✕ | |||
| Disposal group, including discontinued operation | 92,850 | 16,092 | 7,792 | 70,314 | 21,060 | ||||
| Costs in excess of billings | ✕ | ✕ | ✕ | ✕ | 75,371 | 62,401 | 89,141 | ||
| Deferred tax assets | ✕ | ✕ | ✕ | 7,824 | 7,804 | ||||
| Other undisclosed current assets | 66,482 | 67,012 | 65,744 | 68,284 | 77,651 | 96,480 | |||
| Total current assets: | 477,254 | 450,215 | 481,867 | 587,064 | 532,237 | 678,196 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 52,421 | 71,466 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 92,900 | 101,091 | |||||||
| Intangible assets, net (including goodwill) | 269,534 | 361,663 | 380,329 | 393,060 | 493,530 | 423,238 | |||
| Goodwill | 210,665 | 256,835 | 260,633 | 260,715 | 298,619 | 249,120 | |||
| Intangible assets, net (excluding goodwill) | 58,869 | 104,828 | 119,696 | 132,345 | 194,911 | 174,118 | |||
| Deferred income tax assets | 448 | 1,216 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 8,890 | 9,862 | 21,601 | 16,269 | 9,220 | 9,910 | |||
| Deferred tax assets, net | ✕ | ✕ | ✕ | 1,666 | 1,848 | ||||
| Other undisclosed noncurrent assets | 1,561 | 2,130 | |||||||
| Total noncurrent assets: | 424,193 | 545,298 | 403,491 | 410,995 | 504,598 | 435,278 | |||
| Other undisclosed assets | 107,059 | 109,040 | 156,747 | 144,833 | |||||
| TOTAL ASSETS: | 901,447 | 995,513 | 992,417 | 1,107,099 | 1,193,582 | 1,258,307 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 111,133 | 157,191 | 152,582 | 162,622 | 124,751 | 158,025 | |||
| Taxes payable | 5,187 | 6,539 | |||||||
| Employee-related liabilities | 23,398 | 22,184 | |||||||
| Accounts payable | 51,469 | 60,614 | 64,562 | 70,611 | 63,058 | 72,732 | |||
| Accrued liabilities | 59,664 | 96,577 | 88,020 | 92,011 | 33,108 | 56,570 | |||
| Deferred revenue | 37,569 | 37,562 | ✕ | ✕ | ✕ | ✕ | |||
| Debt | 25,811 | 32,803 | 29,469 | 26,555 | 19,835 | 17,648 | |||
| Disposal group, including discontinued operation | 36,148 | 6,485 | 5,260 | 20,900 | 6,961 | ||||
| Billings in excess of cost | ✕ | ✕ | ✕ | ✕ | 51,597 | 62,698 | 87,475 | ||
| Deferred tax liabilities | ✕ | ✕ | ✕ | 3,317 | 5,029 | ||||
| Contract with customer, liability | ✕ | ✕ | ✕ | 32,339 | ✕ | ✕ | ✕ | ||
| Other undisclosed current liabilities | 14,147 | 20,000 | 22,629 | ||||||
| Total current liabilities: | 224,808 | 234,041 | 219,650 | 261,674 | 230,601 | 297,767 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 232,712 | 299,882 | 282,003 | 318,240 | 350,785 | 337,774 | |||
| Long-term debt, excluding current maturities | 193,988 | 243,629 | 282,003 | 318,240 | 350,785 | 337,774 | |||
| Liabilities, other than long-term debt | 35,562 | 26,497 | 20,577 | 22,129 | 36,013 | 28,210 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 8,361 | 9,211 | 23,339 | 19,386 | ||
| Deferred income tax liabilities | 10,344 | 11,254 | ✕ | ✕ | ✕ | ✕ | |||
| Other liabilities | 25,218 | 15,243 | 12,216 | 12,918 | 12,674 | 8,824 | |||
| Operating lease, liability | 38,724 | 56,253 | ✕ | ✕ | ✕ | ✕ | |||
| Total noncurrent liabilities: | 268,274 | 326,379 | 302,580 | 340,369 | 386,798 | 365,984 | |||
| Total liabilities: | 493,082 | 560,420 | 522,230 | 602,043 | 617,399 | 663,751 | |||
| Equity | |||||||||
| Equity, attributable to parent | 399,597 | 427,759 | 462,737 | 494,246 | 568,500 | 578,025 | |||
| Common stock | 306 | 307 | 319 | 325 | 340 | 361 | |||
| Additional paid in capital | 102,001 | 101,148 | 122,818 | 140,749 | 166,598 | 199,951 | |||
| Accumulated other comprehensive loss | (29,847) | (32,694) | (40,290) | (32,836) | (53,500) | (47,861) | |||
| Retained earnings | 327,137 | 358,998 | 379,890 | 386,008 | 455,062 | 425,574 | |||
| Equity, attributable to noncontrolling interest | 8,768 | 7,334 | 7,450 | 10,810 | 7,683 | 16,531 | |||
| Total equity: | 408,365 | 435,093 | 470,187 | 505,056 | 576,183 | 594,556 | |||
| TOTAL LIABILITIES AND EQUITY: | 901,447 | 995,513 | 992,417 | 1,107,099 | 1,193,582 | 1,258,307 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 807,764 | 1,213,935 | 1,333,568 | 1,359,019 | 1,221,920 | 1,333,570 | ||
| Cost of revenue | (611,305) | (967,700) | (1,066,642) | (1,074,207) | (968,756) | (1,057,783) | ||
| Gross profit: | 196,459 | 246,235 | 266,926 | 284,812 | 253,164 | 275,787 | ||
| Operating expenses | (147,523) | (199,430) | (219,823) | (225,826) | (197,099) | (209,477) | ||
| Other undisclosed operating loss | (7,948) | (35,832) | (17,456) | (102,159) | (5,239) | (46,364) | ||
| Operating income (loss): | 40,988 | 10,973 | 29,647 | (43,173) | 50,826 | 19,946 | ||
| Nonoperating expense | (10,921) | (23,857) | (26,692) | (18,057) | (15,557) | (18,731) | ||
| Other nonoperating income (expense) | 437 | (10,893) | (9,881) | (2,201) | (694) | (2,905) | ||
| Interest and debt expense | (12,483) | (14,002) | (17,327) | (16,001) | (15,029) | (16,044) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 12,483 | 14,002 | 17,327 | 16,001 | 15,029 | 16,044 | ||
| Income (loss) from continuing operations before income taxes: | 30,067 | (12,884) | 2,955 | (61,230) | 35,269 | 1,215 | ||
| Income tax expense (benefit) | (5,267) | (6,564) | 132 | (5,005) | (6,109) | (9,205) | ||
| Income (loss) from continuing operations: | 24,800 | (19,448) | 3,087 | (66,235) | 29,160 | (7,990) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (30,356) | (19,448) | 3,087 | (66,235) | 29,160 | (7,990) | |
| Loss from discontinued operations | (55,156) | |||||||
| Net income (loss): | (30,356) | (19,448) | 3,087 | (66,235) | 29,160 | (7,990) | ||
| Net income (loss) attributable to noncontrolling interest | (1,505) | (1,444) | (159) | (2,819) | 328 | (77) | ||
| Net income (loss) available to common stockholders, diluted: | (31,861) | (20,892) | 2,928 | (69,054) | 29,488 | (8,067) | ||
Comprehensive Income ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (30,356) | (19,448) | 3,087 | (66,235) | 29,160 | (7,990) | ||
| Other comprehensive income (loss) | 2,798 | 7,645 | (16,926) | 20,885 | (5,605) | (24,955) | ||
| Comprehensive income (loss): | (27,558) | (11,803) | (13,839) | (45,350) | 23,555 | (32,945) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1,456) | (1,493) | (1) | (3,040) | 294 | 1,686 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (29,014) | (13,296) | (13,840) | (48,390) | 23,849 | (31,259) | ||
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.