Furmanite Corp (FRM) Financial Statements (2024 and earlier)

Company Profile

Business Address 10370 RICHMOND AVENUE
HOUSTON, TX 77042
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 17 - Construction Special Trade Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2015
MRQ
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 33,75333,24033,185
Cash and cash equivalents 33,75333,24033,185
Receivables 110,219106,85377,042
Inventory, net of allowances, customer advances and progress billings 37,38335,44331,711
Inventory 37,38335,44331,711
Prepaid expense and other current assets7,743
Deferred tax assets 7,3008,7007,600
Other undisclosed current assets 14,03512,45912
Total current assets: 202,690196,695157,293
Noncurrent Assets
Property, plant and equipment 51,93055,34742,243
Intangible assets, net (including goodwill) 24,36026,56825,012
Goodwill 15,89715,52415,524
Intangible assets, net (excluding goodwill) 8,46311,0449,488
Other noncurrent assets 9,990 
Deferred tax assets, net 3,7004,3005,300
Other undisclosed noncurrent assets (8,499)2,2571,780
Total noncurrent assets: 81,48188,47274,335
TOTAL ASSETS: 284,171285,167231,628
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 80,40890,21267,488
Interest and dividends payable 368  
Taxes payable 4,4854,4483,556
Employee-related liabilities 23,07326,55716,609
Accounts payable 18,87320,89521,595
Accrued liabilities 33,60938,31225,728
Debt 2,4422,1112,190
Customer advances and deposits 651
Other undisclosed current liabilities (27,434)(29,800)(19,239)
Total current liabilities: 56,06762,52350,439
Noncurrent Liabilities
Long-term debt and lease obligation 61,85363,19639,609
Long-term debt, excluding current maturities 61,85363,19639,609
Liabilities, other than long-term debt 27,68731,05223,701
Pension and other postretirement defined benefit plans, liabilities17,90518,536
Deferred tax liabilities, net 3,9005,1001,200
Liability, pension and other postretirement and postemployment benefits 17,115
Other liabilities 6,6728,0473,965
Other undisclosed noncurrent liabilities (3,900)(5,100)(1,200)
Total noncurrent liabilities: 85,64089,14862,110
Total liabilities: 141,707151,671112,549
Equity
Equity, attributable to parent 142,464133,496119,079
Common stock 4,8344,8114,783
Treasury stock, value (18,013)(18,013)(18,013)
Additional paid in capital 139,312135,881134,521
Accumulated other comprehensive loss (21,453)(15,612)(14,614)
Retained earnings 37,78426,42912,402
Total equity: 142,464133,496119,079
TOTAL LIABILITIES AND EQUITY: 284,171285,167231,628

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

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 529,197427,294326,492
Cost of revenue (407,648)(314,814)(235,345)
Cost of goods and services sold (397,629)(306,042)(233,337)
Gross profit: 121,549112,48091,147
Operating expenses (100,862)(87,680)(83,635)
Operating income: 20,68724,8007,512
Nonoperating expense
(Other Nonoperating expense)
 (92)(616) 
Interest and debt expense (1,811)(1,341)(1,105)
Other undisclosed loss from continuing operations before equity method investments, income taxes   (237)
Income from continuing operations before income taxes: 18,78422,8436,170
Income tax expense (benefit) (7,429)(8,816)5,365
Income from continuing operations: 11,35514,02711,535
Income before gain (loss) on sale of properties: 11,35514,02711,535
Net income: 11,35514,02711,535
Other undisclosed net loss attributable to parent   (10,730)
Net income available to common stockholders, diluted: 11,35514,027805

Comprehensive Income ($ in thousands)

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net income: 11,35514,02711,535
Other comprehensive loss (5,841)(998) 
Comprehensive income: 5,51413,02911,535
Other undisclosed comprehensive loss, net of tax, attributable to parent   (12,822)
Comprehensive income (loss), net of tax, attributable to parent: 5,51413,029(1,287)

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: