Miller Industries, Inc. (MLR) Financial Statements (2023 and Earlier)

Company Profile

Business Address 8503 HILLTOP DR
OOLTEWAH, TN 37363
State of Incorp. TN
Fiscal Year End December 31
Industry (SIC) 3713 - Truck and Bus Bodies (benchmarking)
More info Complete financial analysis Financial benchmarking

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

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   27,03721,89531,11538,449
Cash and cash equivalents   27,03721,89531,11538,449
Receivables153,977141,642168,619149,142132,699125,383109,170
Inventory, net of allowances, customer advances and progress billings114,90883,93987,96593,76768,56764,13666,232
Inventory114,90883,93987,96593,76768,56764,13666,232
Prepaid expense5,7513,1674,7963,2724,2725,0061,689
Other undisclosed current assets54,33257,52126,072   3,725
Total current assets:328,968286,269287,452273,218227,433225,640219,265
Noncurrent Assets
Operating lease, right-of-use asset1,2311,4681,640
Property, plant and equipment96,49698,62090,73582,85077,62859,61339,475
Intangible assets, net (including goodwill)11,61911,61911,61911,61911,61911,61911,619
Goodwill11,61911,61911,61911,61911,61911,61911,619
Other noncurrent assets533434521497558566496
Total noncurrent assets:109,879112,141104,51594,96689,80571,79851,590
TOTAL ASSETS:438,847398,410391,967368,184317,238297,438270,855
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities143,895110,307123,563123,083101,305105,84394,494
Accounts payable119,02985,53495,75098,22079,30485,11673,405
Accrued liabilities24,86624,77327,81324,86322,00120,72721,089
Deferred revenue257272 
Debt1521719305394  
Other undisclosed current liabilities10482     
Total current liabilities:144,271110,682124,282123,388101,699105,84394,494
Noncurrent Liabilities
Long-term debt and lease obligation8701,1316,34215,53310,2125,000 
Long-term debt, excluding current maturities  4,99815,53310,2125,000 
Finance lease, liability 1537
Operating lease, liability8701,1161,307
Liabilities, other than long-term debt5,1704,1443,4161,7002,2271,9932,499
Accounts payable and accrued liabilities    1,102  
Deferred tax liabilities, net1,7001,1251,9932,499
Deferred income tax liabilities5,1704,1443,416
Total noncurrent liabilities:6,0405,2759,75817,23312,4396,9932,499
Total liabilities:150,311115,957134,040140,621114,138112,83696,993
Stockholders' equity
Stockholders' equity attributable to parent288,536282,453257,927227,563203,100184,602173,862
Common stock114114114114114113113
Additional paid in capital151,449151,249151,055150,905150,699150,404150,305
Accumulated other comprehensive loss(4,945)(2,789)(5,503)(4,810)(3,293)(6,667)(5,101)
Retained earnings141,918133,879112,26181,35455,58040,75228,545
Total stockholders' equity:288,536282,453257,927227,563203,100184,602173,862
TOTAL LIABILITIES AND EQUITY:438,847398,410391,967368,184317,238297,438270,855

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues717,476651,286818,166711,706615,101601,119540,966
Revenue, net615,101601,119540,966
Cost of revenue
(Cost of Goods and Services Sold)
(647,624)(572,928)(721,678)(628,370)(548,000)(536,840)(483,353)
Gross profit:69,85278,35896,48883,33667,10164,27957,613
Operating expenses(46,233)(39,714)(43,394)(39,542)(36,982)(33,202)(32,750)
Other operating income (expense), net(498)668(331)    
Other undisclosed operating income    1,421  
Operating income:23,12139,31252,76343,79431,54031,07724,863
Nonoperating expense   (2,131)(1,201)  
Investment income, nonoperating   (1,878)(1,588)  
Other nonoperating income (expense)   (253)387  
Interest and debt expense(1,355)(1,215)(2,378)  (1,161)(919)
Income from continuing operations before equity method investments, income taxes:21,76638,09750,38541,66330,33929,91623,944
Other undisclosed income from continuing operations before income taxes     1,161919
Income from continuing operations before income taxes:21,76638,09750,38541,66330,33931,07724,863
Income tax expense(5,511)(8,267)(11,274)(7,917)(7,323)(11,155)(8,887)
Net income available to common stockholders, diluted:16,25529,83039,11133,74623,01619,92215,976

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:16,25529,83039,11133,74623,01619,92215,976
Other comprehensive income (loss)(2,156)2,714(693)(965)3,374(1,566)(3,703)
Comprehensive income, net of tax, attributable to parent:14,09932,54438,41832,78126,39018,35612,273

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: