Clarus Corporation (CLAR) financial statements (2023 and earlier)

Company profile

Business Address 2084 EAST 3900 SOUTH
SALT LAKE CITY, UT 84124
State of Incorp. DE
Fiscal Year End December 31
SIC 3949 - Sporting and Athletic Goods, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments19,465 1,7032,4861,85694,738
Cash and cash equivalents19,465 1,7032,4861,85694,738
Receivables66,296 41,95035,96735,81723,317
Inventory, net of allowances, customer advances and progress billings129,354 73,43264,93358,13845,410
Inventory129,354 73,43264,93358,13845,410
Other undisclosed current assets11,831 3,7875,1153,6333,480
Total current assets:226,946 120,872108,50199,444166,945
Noncurrent Assets
Property, plant and equipment42,826 22,91923,40124,34511,055
Intangible assets, net (including goodwill)320,044 75,53679,20082,82632,310
Goodwill118,090 18,09018,09017,745 
Intangible assets, net (excluding goodwill)201,954 57,44661,11065,08132,310
Deferred income tax assets22,433  
Other noncurrent assets19,578 3,0342,026834147
Other undisclosed noncurrent assets  7,904   
Total noncurrent assets:404,881 109,393104,627108,00543,512
TOTAL ASSETS:631,827 230,265213,128207,449210,457
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:63,398 24,30421,48919,45617,740
Accounts payable31,488     
Accrued liabilities27,473 9,559   
Taxes payable4,437 260210328969
Other undisclosed accounts payable and accrued liabilities  14,48521,27919,12816,771
Debt9,585  41 21,898
Other undisclosed current liabilities  260210328969
Total current liabilities:72,983 24,56421,74019,78440,607
Noncurrent Liabilities
Long-term debt and lease obligation131,948 22,67022,10520,842 
Long-term debt, excluding current maturities131,948 22,67022,10520,842 
Liabilities, other than long-term debt56,728 1,8393,0783,8419,042
Deferred tax liabilities, net1,2242,9193,6668,966
Deferred income tax liabilities35,280  
Other liabilities21,448 61515917576
Total noncurrent liabilities:188,676 24,50925,18324,6839,042
Total liabilities:261,659 49,07346,92344,46749,649
Stockholders' equity
Stockholders' equity attributable to parent370,168 181,192166,205162,982160,808
Common stock4 3333
Treasury stock, value(24,440) (22,269)(18,102)(12,415)(12,398)
Additional paid in capital662,996 492,353488,404485,285483,925
Accumulated other comprehensive income (loss)(5,050) (303)477499(1,005)
Accumulated deficit(263,342) (288,592)(304,577)(310,390)(309,717)
Total stockholders' equity:370,168 181,192166,205162,982160,808
TOTAL LIABILITIES AND EQUITY:631,827 230,265213,128207,449210,457

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues375,794 229,437212,141170,687148,189
Revenue, net170,687148,189
Cost of revenue
(Cost of Goods and Services Sold)
(238,862) (149,146)(138,179)(116,877)(104,505)
Gross profit:136,932 80,29173,96253,81043,684
Operating expenses(115,732) (68,859)(65,791)(58,625)(49,654)
Operating income (loss):21,200 11,4328,171(4,815)(5,970)
Nonoperating expense(7,321) (1,451)(1,698)(945)(2,343)
Other nonoperating income (expense)(4,382) (93)(359)343533
Interest and debt expense  (283)(436)(28) 
Other undisclosed income from continuing operations before equity method investments, income taxes  28343628 
Income (loss) from continuing operations before income taxes:13,879 9,9816,473(5,760)(8,313)
Income tax expense (benefit)12,214 8,9918285,087(665)
Net income (loss) available to common stockholders, diluted:26,093 18,9727,301(673)(8,978)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss):26,093 18,9727,301(673)(8,978)
Other comprehensive income (loss)(5,550) (780)(22)1,504205
Comprehensive income (loss), net of tax, attributable to parent:20,543 18,1927,279831(8,773)

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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