Edgewater Technology Inc (EDGW) financial statements (2023 and earlier)

Company profile

Business Address 200 HARVARD MILL SQUARE
WAKEFIELD, MA 01880
State of Incorp. DE
Fiscal Year End December 31
SIC 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15,39819,69311,98126,76820,32116,651
Cash and cash equivalents15,39819,69311,98126,76820,32116,651
Receivables22,21825,66127,75324,65419,84218,281
Prepaid expense and other current assets1,418
Deferred tax assets   1,1961,1751,119
Other undisclosed current assets2,0751,2087041,053936(1,119)
Total current assets:39,69146,56240,43853,67142,27436,350
Noncurrent Assets
Property, plant and equipment4096238241,0291,4371,949
Intangible assets, net (including goodwill)35,55838,36141,90012,52913,00513,243
Goodwill29,98329,98329,91012,04912,04912,049
Intangible assets, net (excluding goodwill)5,5758,37811,9904809561,194
Other noncurrent assets216228230210254
Prepaid expense and other noncurrent assets247
Deferred tax assets, net   25,97429,09736,610
Other undisclosed noncurrent assets 19,03124,032  (36,610)
Total noncurrent assets:36,18358,24366,98639,74243,79315,439
TOTAL ASSETS:75,874104,805107,42493,41386,06751,789
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,75114,13116,07218,89315,89516,853
Accounts payable767634586315680593
Accrued liabilities14,98413,49715,48616,14214,32614,280
Employee-related liabilities   2,055  
Taxes payable   3818891,980
Debt5,000     
Business combination, contingent consideration, liability 8,0897,072 
Deferred revenue and credits2,1401,8112,4281,5161,7152,969
Other undisclosed current liabilities   (2,436)(889)(1,980)
Total current liabilities:22,89124,03125,57217,97316,72117,842
Noncurrent Liabilities
Liabilities, other than long-term debt  3,4684117601,272
Other liabilities   4117601,272
Business combination, contingent consideration, liability  3,468 
Other undisclosed noncurrent liabilities 5,0005,000   
Total noncurrent liabilities: 5,0008,4684117601,272
Total liabilities:22,89129,03134,04018,38417,48119,114
Stockholders' equity
Stockholders' equity attributable to parent52,98375,77473,38475,02968,58632,675
Common stock297297297297297297
Treasury stock, value(98,684)(108,335)(116,464)(119,878)(123,186)(125,806)
Additional paid in capital202,749207,445210,324210,989211,852213,238
Accumulated other comprehensive loss(582)(580)(554)(220)(154)(123)
Accumulated deficit(50,797)(23,053)(20,219)(16,159)(20,223)(54,931)
Total stockholders' equity:52,98375,77473,38475,02968,58632,675
TOTAL LIABILITIES AND EQUITY:75,874104,805107,42493,41386,06751,789

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

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues111,753126,522116,704112,989103,556100,881
Revenue, net111,753126,522116,704112,989106,05691,479
Cost of revenue(72,055)(80,340)(77,114)(71,623)(65,984)(65,602)
Cost of goods and services sold(72,055)(80,340)(77,114)(71,623)(65,984)(59,148)
Gross profit:39,69846,18239,59041,36637,57235,279
Operating expenses(48,917)(41,659)(38,108)(33,944)(32,861)(33,364)
Operating income (loss):(9,219)4,5231,4827,4224,7111,915
Nonoperating expense(302)(2,327)(2,013)(15)(186)(140)
Foreign currency transaction gain (loss), before tax   166(94)(73)
Other nonoperating expense(302)(2,327)(2,013)(181)(92)(67)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   (166)9473
Income (loss) from continuing operations before income taxes:(9,521)2,196(531)7,2414,6191,848
Income tax expense (benefit)(19,615)(5,030)(3,529)(3,177)30,089(401)
Net income (loss) available to common stockholders, diluted:(29,136)(2,834)(4,060)4,06434,7081,447

Comprehensive Income ($ in thousands)

12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(29,136)(2,834)(4,060)4,06434,7081,447
Comprehensive income (loss):(29,136)(2,834)(4,060)4,06434,7081,447
Other undisclosed comprehensive loss, net of tax, attributable to parent(2)(26)(334)(66)(31)(24)
Comprehensive income (loss), net of tax, attributable to parent:(29,138)(2,860)(4,394)3,99834,6771,423

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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