Handy & Harman LTD (HNH) financial statements (2022 and earlier)

Company profile

Business Address 590 MADISON AVENUE
NEW YORK, NY 10022
State of Incorp. DE
Fiscal Year End December 31
SIC 347 - Coating, Engraving, And Allied Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments29,12223,72831,64910,30015,301
Cash and cash equivalents29,12223,72831,64910,30015,301
Receivables(2,489)(1,451)(1,742)75,56568,007
Inventory, net of allowances, customer advances and progress billings99,45582,80463,92965,75051,862
Inventory99,45582,80463,92965,75051,862
Disposal group, including discontinued operation  69,673  
Prepaid expense and other current assets9,5789,390
Income taxes receivable 200
Other undisclosed current assets133,27885,12195,03523,13943,916
Total current assets:259,366190,202258,544184,332188,676
Noncurrent Assets
Property, plant and equipment131,628112,68667,62191,19786,899
Long-term investments and receivables12,31820,92323,93633,98317,229
Long-term investments12,31820,92323,93633,98317,229
Intangible assets, net (including goodwill)327,164164,946101,591125,84893,001
Goodwill182,185121,82968,25377,51259,783
Intangible assets, net (excluding goodwill)144,97943,11733,33848,33633,218
Disposal group, including discontinued operation, noncurrent assets  9,298
Other noncurrent assets11,138   
Other undisclosed noncurrent assets94,906(282,788)(187,089)(236,351)(183,141)
Total noncurrent assets:577,15415,76715,35714,67713,988
Other undisclosed assets 418,704264,858310,714309,697
TOTAL ASSETS:836,520624,673538,759509,723512,361
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities108,72565,96354,17328,48326,426
Accounts payable62,79234,46630,805  
Accrued liabilities45,93331,49723,36828,48326,426
Debt3,4902,4626,98013,1229,721
Accrued environmental loss contingencies9,6252,5312,4243,2136,346
Due to related parties    634
Disposal group, including discontinued operation  13,6981513,429
Deferred tax liabilities  1864331,022
Other undisclosed current liabilities   34,82334,570
Total current liabilities:121,84070,95677,46180,22582,148
Noncurrent Liabilities
Long-term debt and lease obligation271,79997,106196,423144,069128,807
Long-term debt, excluding current maturities271,79997,106196,423144,069128,807
Liabilities, other than long-term debt273,460272,071217,152151,557249,478
Pension and other postretirement defined benefit plans, liabilities143,705217,141
Deferred tax liabilities, net 402   
Postemployment benefits liability2,0655,452
Liability, pension and other postretirement and postemployment benefits269,087268,190211,302
Due to related parties    19,916
Disposal group, including discontinued operation, liabilities  1,666  
Other liabilities4,3733,4794,1845,7876,969
Other undisclosed noncurrent liabilities2,826 (1,666)  
Total noncurrent liabilities:548,085369,177411,909295,626378,285
Total liabilities:669,925440,133489,370375,851460,433
Stockholders' equity
Stockholders' equity attributable to parent166,595184,54049,389133,87251,928
Common stock136136136134131
Treasury stock, value(34,852)(34,454)(70,375)(9,796) 
Additional paid in capital587,705586,693570,256565,441559,970
Accumulated other comprehensive loss(267,007)(259,392)(235,822)(181,931)(226,168)
Accumulated deficit(119,387)(108,443)(214,806)(239,976)(282,005)
Total stockholders' equity:166,595184,54049,389133,87251,928
TOTAL LIABILITIES AND EQUITY:836,520624,673538,759509,723512,361

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
828,343649,468600,468655,224629,396
Cost of revenue
(Cost of Goods and Services Sold)
(600,432)(471,254)(435,689)(470,349)(453,463)
Gross profit:227,911178,214164,779184,875175,933
Operating expenses(195,733)(123,422)(131,481)(148,858)(138,297)
Other undisclosed operating income (loss)(17,129)(8,878)12,42214,93314,380
Operating income:15,04945,91445,72050,95052,016
Nonoperating income (expense)376(384)(181)(291)(530)
Investment income, nonoperating1485881,3071,1952,582
Interest and debt expense(7,198)(4,598)(7,544)(19,367)(18,087)
Income from continuing operations before equity method investments, income taxes:8,22740,93237,99531,29233,399
Income (loss) from equity method investments  (7,101)6,006 
Other undisclosed income from continuing operations before income taxes1485888,4088513,950
Income from continuing operations before income taxes:8,37541,52039,30238,14937,349
Income tax expense(13,893)(17,997)(17,008)(16,028)(13,879)
Other undisclosed income (loss) from continuing operations(5,426)(6,532)(7,101)6,006 
Income (loss) from continuing operations:(10,944)16,99115,19328,12723,470
Income (loss) from discontinued operations 5659,935(997)2,990
Net income (loss):(10,944)17,55625,12827,13026,460
Other undisclosed net income attributable to parent 88,8074214,89921
Net income (loss) available to common stockholders, diluted:(10,944)106,36325,17042,02926,481

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):(10,944)17,55625,12827,13026,460
Other comprehensive income (loss)(7,615)(23,570)(53,891)44,441 
Comprehensive income (loss):(18,559)(6,014)(28,763)71,57126,460
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 88,8074214,695(37,758)
Comprehensive income (loss), net of tax, attributable to parent:(18,559)82,793(28,721)86,266(11,298)

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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