CoreCivic, Inc. (CXW) financial statements (2022 and earlier)
Company profile
Business Address |
5501 VIRGINIA WAY BRENTWOOD, TN 37027 |
State of Incorp. | MD |
Fiscal Year End | December 31 |
SIC | 6798 - Real Estate Investment Trusts (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 investments | 300 | 113 | 92 | 53 | 52 | 38 | 65 | ||
Cash and cash equivalents | 300 | 113 | 92 | 53 | 52 | 38 | 65 | ||
Restricted cash and investments | 1 | ||||||||
Receivables | 283 | 268 | 281 | 271 | 254 | 239 | 256 | ||
Assets held-for-sale, not part of disposal group | 7 | 279 | |||||||
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases | ✕ | ✕ | ✕ | 3 | |||||
Other undisclosed current assets | 38 | 57 | 62 | 50 | 21 | 22 | 18 | ||
Total current assets: | 627 | 717 | 435 | 374 | 327 | 299 | 342 | ||
Noncurrent Assets | |||||||||
Property, plant and equipment | 2,283 | 2,350 | 2,700 | 2,831 | 2,802 | 2,838 | 2,883 | ||
Long-term investments and receivables | 3 | 3 | 3 | 1 | |||||
Long-term investments | 3 | 3 | 3 | ||||||
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases | ✕ | ✕ | ✕ | 1 | |||||
Intangible assets, net (including goodwill) | 5 | 27 | 120 | 158 | 41 | 38 | 36 | ||
Goodwill | 5 | 6 | 51 | 48 | 41 | 38 | 36 | ||
Intangible assets, net (excluding goodwill) | 21 | 70 | 110 | ||||||
Regulated entity, other noncurrent assets | 21 | 13 | 15 | 13 | |||||
Restricted cash and investments | 0 | 0 | |||||||
Deferred income tax assets | 11 | ✕ | ✕ | ✕ | ✕ | ||||
Other noncurrent assets | 365 | 397 | 351 | 141 | 89 | 83 | 85 | ||
Deferred tax assets, net | ✕ | ✕ | ✕ | 15 | 13 | 14 | 10 | ||
Other undisclosed noncurrent assets | 198 | 191 | 167 | 121 | |||||
Total noncurrent assets: | 2,872 | 2,992 | 3,356 | 3,282 | 2,945 | 2,973 | 3,014 | ||
TOTAL ASSETS: | 3,499 | 3,709 | 3,792 | 3,656 | 3,272 | 3,272 | 3,356 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 306 | 274 | 337 | 350 | 278 | 260 | 318 | ||
Accounts payable | 93 | 87 | 83 | 118 | 57 | 58 | 81 | ||
Accrued liabilities | 6 | 7 | 6 | 5 | 7 | 8 | 8 | ||
Employee-related liabilities | 60 | 51 | 59 | 49 | 46 | 36 | 36 | ||
Taxes payable | 30 | 28 | 28 | 29 | 32 | 30 | 27 | ||
Interest and dividends payable | 18 | 13 | 65 | 66 | 63 | 61 | 75 | ||
Other undisclosed accounts payable and accrued liabilities | 98 | 89 | 97 | 82 | 73 | 67 | 91 | ||
Debt | 10 | 5 | |||||||
Other undisclosed current liabilities | 35 | 39 | 31 | 16 | 13 | 2 | 2 | ||
Total current liabilities: | 341 | 313 | 369 | 366 | 291 | 272 | 325 | ||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 1,492 | 1,748 | 1,928 | 1,788 | 1,437 | 1,435 | 1,447 | ||
Long-term debt, excluding current maturities | 1,492 | 1,748 | 1,928 | 1,788 | 1,437 | 1,435 | 1,447 | ||
Liabilities, other than long-term debt | 293 | 235 | 118 | 87 | 93 | 105 | 122 | ||
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 40 | 53 | 63 | ||
Deferred revenue | 28 | 18 | 12 | ✕ | ✕ | ✕ | ✕ | ||
Contract with customer, liability | ✕ | ✕ | ✕ | 26 | ✕ | ✕ | ✕ | ||
Deferred income tax liabilities | 88 | ✕ | ✕ | ✕ | ✕ | ||||
Other liabilities | 178 | 216 | 106 | 61 | 53 | 52 | 58 | ||
Total noncurrent liabilities: | 1,786 | 1,982 | 2,046 | 1,874 | 1,530 | 1,540 | 1,569 | ||
Total liabilities: | 2,126 | 2,296 | 2,415 | 2,241 | 1,821 | 1,813 | 1,893 | ||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | 1,372 | 1,390 | 1,377 | 1,415 | 1,452 | 1,459 | 1,463 | ||
Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
Additional paid in capital | 1,870 | 1,835 | 1,822 | 1,807 | 1,795 | 1,780 | 1,762 | ||
Accumulated deficit | (499) | (447) | (446) | (393) | (344) | (323) | (301) | ||
Stockholders' equity attributable to noncontrolling interest | 23 | ||||||||
Total stockholders' equity: | 1,372 | 1,413 | 1,377 | 1,415 | 1,452 | 1,459 | 1,463 | ||
TOTAL LIABILITIES AND EQUITY: | 3,499 | 3,709 | 3,792 | 3,656 | 3,272 | 3,272 | 3,356 |
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 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 1,863 | 1,905 | 1,981 | 1,836 | 1,765 | 1,850 | 1,756 | |
Revenue, net | ✕ | ✕ | ✕ | ✕ | 1,765 | 1,850 | 1,793 | |
Cost of revenue | (200) | (212) | (149) | (164) | (148) | (171) | (284) | |
Gross profit: | 1,662 | 1,693 | 1,831 | 1,672 | 1,618 | 1,679 | 1,471 | |
Operating expenses | (1,473) | (1,531) | (1,550) | (1,422) | (1,357) | (1,383) | (1,228) | |
Other undisclosed operating income | 37 | |||||||
Operating income: | 189 | 163 | 282 | 249 | 260 | 296 | 281 | |
Nonoperating expense | (0) | (103) | (85) | (82) | (68) | (68) | (50) | |
Other nonoperating income (expense) | (0) | 1 | 0 | (0) | 0 | (0) | 0 | |
Interest and debt expense | (86) | |||||||
Income from continuing operations before equity method investments, income taxes: | 104 | 60 | 197 | 168 | 192 | 228 | 230 | |
Other undisclosed loss from continuing operations before income taxes | (18) | |||||||
Income from continuing operations before income taxes: | 86 | 60 | 197 | 168 | 192 | 228 | 230 | |
Income tax expense | (138) | (4) | (8) | (8) | (14) | (8) | (8) | |
Net income (loss): | (52) | 55 | 189 | 159 | 178 | 220 | 222 | |
Net loss attributable to noncontrolling interest | (1) | |||||||
Net income (loss) available to common stockholders, diluted: | (52) | 54 | 189 | 159 | 178 | 220 | 222 |
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): | (52) | 55 | 189 | 159 | 178 | 220 | 222 | |
Comprehensive income (loss): | (52) | 55 | 189 | 159 | 178 | 220 | 222 | |
Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | |||||||
Comprehensive income (loss), net of tax, attributable to parent: | (52) | 54 | 189 | 159 | 178 | 220 | 222 |
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.