Cross Country Healthcare, Inc. (CCRN) Financial Statements (2023 and Earlier)

Company Profile

Business Address 6551 PARK OF COMMERCE BOULEVARD, N.W.
BOCA RATON, FL 33487
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7363 - Help Supply Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
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 investments1  1626212
Cash and cash equivalents1  1626212
Receivables499175175170177177150
Prepaid expense8566565
Other current assets1122122
Other undisclosed current assets 21    
Total current assets:508183183195209206159
Noncurrent Assets
Operating lease, right-of-use asset71017
Nontrade receivables      18
Property, plant and equipment16121214141310
Intangible assets, net (including goodwill)168132152177205152178
Goodwill119911011011188095
Intangible assets, net (excluding goodwill)48415176887283
Deferred costs      1
Deferred income tax assets12  
Other noncurrent assets22191818191718
Deferred tax assets, net2420  
Other undisclosed noncurrent assets     1(18)
Total noncurrent assets:225174199232259183207
TOTAL ASSETS:733357382427468388366
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities73363133343332
Employee-related liabilities66363133343329
Taxes payable7     2
Debt4 55728
Business combination, contingent consideration, liability8 2    
Other liabilities1343333
Other undisclosed current liabilities114544344515943
Total current liabilities:200938585959786
Noncurrent Liabilities
Long-term debt and lease obligation, including:193159078928582
Long-term debt, excluding current maturities182 717892  
Operating lease, liability111519
Other undisclosed long-term debt and lease obligation     8582
Liabilities, other than long-term debt3527212928395
Deferred revenue and credits  2
Accounts payable and accrued liabilities121312131313 
Deferred compensation liability, classified      1
Deferred tax liabilities, net 013 
Deferred income tax liabilities07 
Liability for uncertainty in income taxes      1
Other liabilities14849970
Business combination, contingent consideration, liability9 5755 
Other undisclosed noncurrent liabilities8662216161652
Total noncurrent liabilities:236109133123135139139
Total liabilities:435202219209230237225
Stockholders' equity
Stockholders' equity attributable to parent298154163218237151141
Common stock0000000
Additional paid in capital322310306303305257254
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(1)(1)
Accumulated deficit(23)(155)(142)(84)(67)(104)(112)
Stockholders' equity attributable to noncontrolling interest 111110
Total stockholders' equity:298155164218238152141
TOTAL LIABILITIES AND EQUITY:733357382427468388366

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,677836822816865834767
Revenue, net865834767
Cost of revenue(1,313)(646)(632)(621)(647)(617)(575)
Cost of goods and services sold(1,302)(634)(618)(607)(636)(612)(570)
Gross profit:364190190195218217193
Operating expenses(225)(199)(206)(208)(207)(211)(172)
Operating income (loss):139(9)(16)(13)12621
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
1(0)00000
Interest and debt expense(7)(3)(7)(6)(9)(8)(7)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  (1) 26(10)
Income (loss) from continuing operations before income taxes:133(12)(24)(18)454
Income tax expense (benefit)(1)0(32)23541
Net income (loss):132(12)(56)(16)3995
Net loss attributable to noncontrolling interest (1)(2)(1)(1)(1)(1)
Net income (loss) available to common stockholders, basic:132(13)(58)(17)3884
Interest on convertible debt    13 
Other undisclosed net loss available to common stockholders, diluted    (2)(6) 
Net income (loss) available to common stockholders, diluted:132(13)(58)(17)3764

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):132(12)(56)(16)3995
Other comprehensive income (loss)(0)(0)0(0)   
Other undisclosed comprehensive income (loss)    0(0)(0)
Comprehensive income (loss):132(12)(56)(16)3995
Comprehensive loss, net of tax, attributable to noncontrolling interest (1)(2)(1)(1)(1)(1)
Comprehensive income (loss), net of tax, attributable to parent:132(13)(57)(17)3884

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.

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