Core Molding Technologies Inc (CMT) financial statements (2022 and earlier)

Company profile

Business Address 800 MANOR PARK DRIVE
COLUMBUS, OH 43228
State of Incorp. DE
Fiscal Year End December 31
SIC 3089 - Plastics Products, 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
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,1464,1311,8561,89126,78028,2858,943
Cash and cash equivalents6,1464,1311,8561,89126,78028,2858,943
Receivables38,76827,58432,42445,46819,84619,55137,556
Inventory, net of allowances, customer advances and progress billings25,12918,36021,68225,76513,45910,91213,697
Inventory25,12918,36021,68225,76513,45910,91213,697
Contract with customer, asset17   
Costs in excess of billings1,917  
Other undisclosed current assets5,0826,4035,2637,1781,9982,5212,488
Total current assets:75,14256,47861,22580,30264,00061,26962,684
Noncurrent Assets
Operating lease, right-of-use asset5,5772,754 
Property, plant and equipment75,89774,05279,20680,65768,63170,60174,103
Intangible assets, net (including goodwill)26,94328,89230,84036,8892,9162,9663,016
Goodwill17,37617,37617,37621,4762,4032,4032,403
Intangible assets, net (excluding goodwill)9,56711,51613,46415,413513563613
Deferred income tax assets521929 
Other noncurrent assets2,0402,4031,5252,1972,076  
Deferred tax assets, net2,0261,153   
Other undisclosed noncurrent assets  4,484    
Total noncurrent assets:110,978109,030118,081120,89673,62373,56777,119
TOTAL ASSETS:186,120165,508179,306201,198137,623134,836139,803
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities38,42930,43525,42530,60418,23514,57622,158
Accounts payable22,69516,99419,91025,45013,8508,53413,481
Accrued liabilities5,8702,523     
Employee-related liabilities7,5328,3055,5155,1543,5245,0048,474
Taxes payable2,3322,613  8611,038203
Deferred revenue6,2561,319 
Debt3,9432,53549,4513,2303,0003,0003,714
Derivative instruments and hedges, liabilities      2
Postemployment benefits liability 1,2861,2331,1571,0961,0181,088
Billings in excess of cost 1,0842,271
Other liabilities  4,0273,5141,3001,6201,917
Other undisclosed current liabilities4,4244203,6981,686   
Total current liabilities:53,05235,99583,83440,19123,63121,29831,150
Noncurrent Liabilities
Long-term debt and lease obligation21,2511,670 55,1593,7506,7509,750
Long-term debt, excluding current maturities21,251  55,1593,7506,7509,750
Operating lease, liability 1,670 
Liabilities, other than long-term debt11,72210,3837,9276,9199,19210,02210,170
Deferred tax liabilities, net 1,2382,3732,252
Liability, pension and other postretirement and postemployment benefits7,6897,8237,9276,9197,9547,6497,918
Other liabilities4,0332,560     
Other undisclosed noncurrent liabilities 23,5283,119 (843)  
Total noncurrent liabilities:32,97335,58111,04662,07812,09916,77219,920
Total liabilities:86,02571,57694,880102,26935,73038,07051,070
Stockholders' equity
Stockholders' equity attributable to parent100,09593,93284,42698,929101,89396,76688,733
Common stock82807978777676
Treasury stock, value(28,617)(28,521)(28,501)(28,403)(28,153)(27,781)(27,647)
Additional paid in capital38,01336,12734,77233,20831,46530,13429,147
Accumulated other comprehensive income1,0751,3751,3702,1172,0702,4142,645
Retained earnings89,54284,87176,70691,92996,43491,92384,512
Total stockholders' equity:100,09593,93284,42698,929101,89396,76688,733
TOTAL LIABILITIES AND EQUITY:186,120165,508179,306201,198137,623134,836139,803

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues307,483222,356284,290269,485161,673174,882199,068
Revenue, net269,485161,673174,882199,068
Cost of revenue(266,139)(187,882)(262,784)(242,344)(136,993)(146,958)(162,816)
Cost of goods and services sold  (262,784)(242,344)(136,993)(146,958)(162,816)
Gross profit:41,34434,47421,50627,14124,68027,92436,252
Operating expenses(30,276)(24,084)(33,034)(30,241)(16,690)(16,379)(17,754)
Operating income (loss):11,06810,390(11,528)(3,100)7,99011,54518,498
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(2,149)5,843(4,050)(2,346)   
Interest and debt expense(2,311) (4,144)(2,394)(245)(298)(330)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (11,686)4,1442,394   
Income (loss) from continuing operations before equity method investments, income taxes:6,6084,547(15,578)(5,446)7,74511,24718,168
Other undisclosed income from continuing operations before income taxes2,311      
Income (loss) from continuing operations before income taxes:8,9194,547(15,578)(5,446)7,74511,24718,168
Income tax expense (benefit)(4,248)3,618355664(2,286)(3,836)(6,118)
Net income (loss) attributable to parent:4,6718,165(15,223)(4,782)5,4597,41112,050
Undistributed earnings (loss) allocated to participating securities, basic(232)(424)   
Net income (loss) available to common stockholders, diluted:4,4397,741(15,223)(4,782)5,4597,41112,050

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):4,6718,165(15,223)(4,782)5,4597,41112,050
Other comprehensive income (loss)(300)(596)(1,168)462(509)(22)(279)
Comprehensive income (loss):4,3717,569(16,391)(4,320)4,9507,38911,771
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 601421(415)3(209)94
Comprehensive income (loss), net of tax, attributable to parent:4,3718,170(15,970)(4,735)4,9537,18011,865

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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