NIC Inc. (EGOV) financial statements (2020 and earlier)

Company profile

Business Address 25501 W. VALLEY PARKWAY
OLATHE, KS 66061
State of Incorp. DE
Fiscal Year End December 31
SIC 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments214192161127988874
Cash and cash equivalents214192161127988874
Restricted cash and investments    36  
Receivables858110483805753
Deferred tax assets    11
Other undisclosed current assets13141315131235
Total current assets:313286278225228158163
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment1010101091215
Intangible assets, net (including goodwill)281454222
Goodwill6      
Intangible assets, net (excluding goodwill)221454222
Other noncurrent assets0020000
Other undisclosed noncurrent assets  121  
Total noncurrent assets:50241816131517
TOTAL ASSETS:362311296241241173180
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities9084115971196160
Accounts payable64608973614139
Accrued liabilities26242723212021
Interest and dividends payable    36  
Debt4      
Other liabilities7543330
Other undisclosed current liabilities      23
Total current liabilities:101891191001216483
Noncurrent Liabilities
Long-term debt and lease obligation7      
Operating lease, liability7
Liabilities, other than long-term debt8987455
Deferred tax liabilities, net    22
Deferred income tax liabilities2
Other liabilities6987432
Other undisclosed noncurrent liabilities 1     
Total noncurrent liabilities:161087455
Total liabilities:116991271071256988
Stockholders' equity
Stockholders' equity attributable to parent24621216813411610492
Common stock0000000
Additional paid in capital1231181111071019588
Retained earnings1239457271594
Total stockholders' equity:24621216813411610492
TOTAL LIABILITIES AND EQUITY:362311296241241173180

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues354345337318292272249
Cost of revenue(276)(212)(207)(193)(182)(170)(150)
Gross profit:7813313012511110399
Operating expenses(16)(58)(51)(47)(43)(40)(46)
Operating income:62757878676353
Nonoperating expense      (0)
Income from continuing operations before income taxes:62757878676353
Income tax expense(15)(17)(27)(22)(25)(24)(21)
Net income:48585256423932
Other undisclosed net income attributable to parent31     
Net income attributable to parent:50585256423932
Other undisclosed net loss available to common stockholders, basic(1)(1)(0)(0)(0)  
Net income available to common stockholders, diluted:50585155423932

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:48585256423932
Comprehensive income, net of tax, attributable to parent:48585256423932

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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