CIRCOR International, Inc. (CIR) financial statements (2021 and earlier)

Company profile

Business Address C/O CIRCOR INC
BURLINGTON, MA 01803-4238
State of Incorp. DE
Fiscal Year End December 31
SIC 349 - Miscellaneous Fabricated Metal Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7685691105855121
Cash and cash equivalents7685691105855121
Short-term investments      0
Receivables103125184224133126157
Inventory, net of allowances, customer advances and progress billings129137217245150178183
Inventory129137217245150178183
Prepaid expense1      
Deferred costs  11   
Disposal group, including discontinued operation5161     
Assets held-for-sale, not part of disposal group 088   
Deferred tax assets    23
Other undisclosed current assets92679059301622
Total current assets:407575648638370374506
Noncurrent Assets
Finance lease, right-of-use asset 3
Operating lease, right-of-use asset 18
Property, plant and equipment1691722022181008796
Intangible assets, net (including goodwill)5136579011,01934216499
Goodwill15927245950620711572
Intangible assets, net (excluding goodwill)3543864415131364927
Derivative instruments and hedges 0     
Regulated entity, other noncurrent assets    111
Disposal group, including discontinued operation, noncurrent assets 2     
Other noncurrent assets4235139374
Defined benefit plan, assets for plan benefits2(0)  
Deferred tax assets, net  (9)2611
Other undisclosed noncurrent assets18282113107
Total noncurrent assets:7248961,1441,268450295219
TOTAL ASSETS:1,1311,4711,7921,907821670725
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities165193265323118142179
Accounts payable6179124117476487
Accrued liabilities7694107170515364
Employee-related liabilities28203435201825
Taxes payable     73
Debt  8   8
Customer advances and deposits   16
Other undisclosed current liabilities 4311   (18)
Total current liabilities:165236284323118142185
Noncurrent Liabilities
Long-term debt and lease obligation529653778787251915
Long-term debt, excluding current maturities508636778787251915
Finance lease, liability33
Operating lease, liability1814
Liabilities, other than long-term debt205177200195473659
Deferred tax liabilities, net342614108
Liability, pension and other postretirement and postemployment benefits164147151151  19
Disposal group, including discontinued operation, liabilities 1     
Other liabilities59391618342632
Derivative instruments and hedges, liabilities(17)(9)     
Total noncurrent liabilities:73583097998229912764
Total liabilities:9001,0671,2631,305416269250
Stockholders' equity
Stockholders' equity attributable to parent, including:206391529602404401494
Common stock0000000
Treasury stock, value(74)(74)(74)(74)(74)(75) 
Additional paid in capital453447441439289284277
Accumulated other comprehensive loss(86)(80)(70)(37)(76)(66)(34)
Retained earnings (accumulated deficit)(86)99232274266258251
Other undisclosed stockholders' equity attributable to parent      0
Total stockholders' equity:206391529602404401494
Other undisclosed liabilities and equity2513    (19)
TOTAL LIABILITIES AND EQUITY:1,1311,4711,7921,907821670725

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7739641,1766621656841
Revenue, net1,176662590656841
Other operating income68110  42  
Cost of revenue
(Cost of Goods and Services Sold)
(531)(656)(834)(461)(407)(457)(584)
Other undisclosed gross profit    589  
Gross profit:242309342201183199257
Operating expenses(337)(248)(308)(166)(155)(159)(198)
Other operating expense, net
(Other Nonrecurring (Income) Expense)
     (14)(13)
Other undisclosed operating income (loss)34(23)(24)(14)(17) 19
Operating income (loss):(60)38921112665
Nonoperating expense(34)(48)(45)(14)(1)(4)(1)
Investment income, nonoperating      0
Foreign currency transaction gain, before tax      1
Other nonoperating income (expense)117(4)2(1)1
Interest and debt expense(0)(0)(0)(2)(3)(3)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes0002333
Income (loss) from continuing operations before income taxes:(94)(10)(36)6102263
Income tax expense (benefit)(56)(15)(3)60(13)(13)
Income (loss) from continuing operations:(150)(25)(39)12101050
Loss from discontinued operations(35)(109)     
Net income (loss) available to common stockholders, diluted:(185)(134)(39)12101050

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(185)(134)(39)12101050
Comprehensive income (loss):(185)(134)(39)12101050
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(6)(11)(33)40(10)(32)(38)
Comprehensive income (loss), net of tax, attributable to parent:(191)(144)(72)51(0)(22)13

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.

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