Cross Country Healthcare, Inc. (CCRN) financial statements (2020 and earlier)

Company profile

Business Address 5201 CONGRESS AVENUE
BOCA RATON, FL 33487
State of Incorp. DE
Fiscal Year End December 31
SIC 7363 - Help Supply Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 162621258
Cash and cash equivalents 162621258
Receivables17517017717715012161
Prepaid expense6656566
Income taxes receivable1
Deferred tax assets    (2)(1)
Other current assets2212211
Other undisclosed current assets1    (0)8
Total current assets:18319520920615913184
Noncurrent Assets
Operating lease, right-of-use asset17
Nontrade receivables    1828
Property, plant and equipment1214141310126
Intangible assets, net (including goodwill)152177205152178163103
Goodwill10110111880959177
Intangible assets, net (excluding goodwill)51768872837226
Deferred costs    110
Other noncurrent assets181819171811
Insurance receivable for malpractice8
Deferred tax assets, net2420  (18)(17)
Other undisclosed noncurrent assets   1(18)762
Total noncurrent assets:199232259183207194164
TOTAL ASSETS:382427468388366325248
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities31333433323132
Employee-related liabilities31333433292919
Taxes payable    232
Accounts payable and other accrued liabilities10
Debt5572848
Business combination, contingent consideration, liability2     
Deferred tax liabilities     1
Other liabilities4333334
Other undisclosed current liabilities434451594329 
Total current liabilities:85859597866745
Noncurrent Liabilities
Long-term debt and lease obligation, including:9078928582700
Long-term debt, excluding current maturities717892    
Operating lease, liability19
Other undisclosed long-term debt and lease obligation   8582700
Liabilities, other than long-term debt, including:21292839543
Deferred revenue and credits  222
Accounts payable and accrued liabilities12131313 3218
Deferred compensation liability, classified    122
Deferred tax liabilities, net 013 1817
Liability for uncertainty in income taxes    1  
Other liabilities499700 
Business combination, contingent consideration, liability5755  
Other undisclosed liabilities, other than long-term debt     (50)(35)
Other undisclosed noncurrent liabilities22161616525339
Total noncurrent liabilities:13312313513913912843
Total liabilities:21920923023722519588
Stockholders' equity
Stockholders' equity attributable to parent163218237151141130161
Common stock0000000
Additional paid in capital306303305257254247246
Accumulated other comprehensive loss(1)(1)(1)(1)(1)(1)(1)
Accumulated deficit(142)(84)(67)(104)(112)(116)(85)
Stockholders' equity attributable to noncontrolling interest111100 
Total stockholders' equity:164218238152141130161
TOTAL LIABILITIES AND EQUITY:382427468388366325248

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues822816865834767636442
Revenue, net865834767636442
Cost of revenue(632)(621)(647)(617)(575)(470)(332)
Cost of goods and services sold(618)(607)(636)(612)(570)(460)(325)
Gross profit:190195218217193166110
Operating expenses(206)(208)(207)(211)(172)(159)(114)
Other undisclosed operating loss     (18)(4)
Operating income (loss):(16)(13)12621(10)(8)
Nonoperating income (expense)00000(0)0
Foreign currency transaction gain (loss), before tax     (0)0
Other nonoperating income0000000
Interest and debt expense(7)(6)(9)(8)(7)(4)(2)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1) 26(10)(17) 
Income (loss) from continuing operations before income taxes:(24)(18)454(31)(10)
Income tax expense (benefit)(32)23541(0)(44)
Income (loss) from continuing operations:(56)(16)3995(32)(54)
Loss from discontinued operations      (2)
Net income (loss):(56)(16)3995(32)(56)
Net loss attributable to noncontrolling interest(2)(1)(1)(1)(1)(0) 
Other undisclosed net income attributable to parent      4
Net income (loss) available to common stockholders, basic:(58)(17)3884(32)(52)
Interest on convertible debt  13   
Other undisclosed net loss available to common stockholders, diluted  (2)(6)   
Net income (loss) available to common stockholders, diluted:(58)(17)3764(32)(52)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(56)(16)3995(32)(56)
Other comprehensive income (loss)0(0)     
Other undisclosed comprehensive income (loss)  0(0)(0)(0) 
Comprehensive income (loss):(56)(16)3995(32)(56)
Comprehensive loss, net of tax, attributable to noncontrolling interest(2)(1)(1)(1)(1)(0) 
Other undisclosed comprehensive income, net of tax, attributable to parent      7
Comprehensive income (loss), net of tax, attributable to parent:(57)(17)3884(32)(50)

Statements sources

The financial statements are based on the company's filings with the 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: