Navigant Consulting, Inc. (NCI) financial statements (2023 and earlier)
Company profile
| Business Address |
150 NORTH RIVERSIDE PLAZA CHICAGO, IL 60606 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 8742 - Management Consulting Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2018 | 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 investments | 207 | 8 | 8 | 9 | 3 | 2 | 1 | ||
| Cash and cash equivalents | 207 | 8 | 8 | 9 | 3 | 2 | 1 | ||
| Receivables | 180 | 271 | 264 | 220 | 254 | 223 | 253 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 25 | ||
| Other current assets | 18 | 21 | 18 | 17 | 15 | 20 | ✕ | ||
| Other undisclosed current assets | 5 | 9 | 9 | 10 | (41) | (33) | (37) | ||
| Total current assets: | 409 | 309 | 300 | 255 | 231 | 211 | 243 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 63 | 89 | 83 | 77 | 61 | 44 | 45 | ||
| Long-term investments and receivables | 3 | ||||||||
| Due from related parties | 3 | ||||||||
| Intangible assets, net (including goodwill) | 437 | 658 | 654 | 661 | 595 | 626 | 636 | ||
| Goodwill | 422 | 637 | 625 | 623 | 568 | 615 | 620 | ||
| Intangible assets, net (excluding goodwill) | 14 | 21 | 29 | 38 | 27 | 11 | 16 | ||
| Deferred costs | 2 | ||||||||
| Other noncurrent assets | 9 | 24 | 18 | 23 | 17 | 23 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 17 | ||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | 1 | |||
| Other undisclosed noncurrent assets | (6) | 13 | |||||||
| Total noncurrent assets: | 508 | 771 | 755 | 761 | 673 | 693 | 712 | ||
| TOTAL ASSETS: | 918 | 1,080 | 1,055 | 1,016 | 903 | 904 | 954 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 112 | 128 | 136 | 112 | 108 | 106 | 122 | ||
| Accounts payable | 13 | 12 | 12 | 9 | 12 | 13 | 18 | ||
| Accrued liabilities | 16 | 14 | 16 | 11 | 11 | 13 | 12 | ||
| Employee-related liabilities | 70 | 97 | 107 | 92 | 83 | 79 | 85 | ||
| Taxes payable | 13 | 5 | 2 | 2 | 1 | 7 | |||
| Restructuring reserve | 0 | ✕ | ✕ | ||||||
| Business combination, contingent consideration, liability | (1) | ✕ | ✕ | ||||||
| Deferred revenue and credits | ✕ | 19 | 21 | 20 | |||||
| Other liabilities | 34 | 39 | 39 | 32 | 53 | 32 | 36 | ||
| Other undisclosed current liabilities | (19) | (21) | (20) | ||||||
| Total current liabilities: | 146 | 167 | 175 | 144 | 160 | 138 | 157 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 133 | 135 | 174 | 110 | 57 | 134 | |||
| Long-term debt, excluding current maturities | 133 | 135 | 174 | 110 | 57 | 134 | |||
| Liabilities, other than long-term debt | 59 | 93 | 110 | 105 | 100 | 123 | 116 | ||
| Deferred revenue and credits | ✕ | 9 | 11 | 11 | |||||
| Deferred tax liabilities, net | 34 | 61 | 78 | 76 | 76 | 87 | 68 | ||
| Off-market lease, unfavorable | 2 | ||||||||
| Other liabilities | 25 | 32 | 33 | 29 | 14 | 26 | 36 | ||
| Other undisclosed noncurrent liabilities | (9) | (11) | (13) | ||||||
| Total noncurrent liabilities: | 59 | 226 | 245 | 278 | 201 | 169 | 237 | ||
| Total liabilities: | 205 | 393 | 420 | 422 | 361 | 307 | 395 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 709 | 687 | 634 | 594 | 543 | 597 | 560 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (161) | (224) | (181) | (297) | (276) | (247) | (217) | ||
| Additional paid in capital | 664 | 660 | 645 | 628 | 612 | 599 | 582 | ||
| Accumulated other comprehensive loss | (7) | (19) | (25) | (17) | (12) | (9) | (9) | ||
| Retained earnings | 212 | 271 | 196 | 279 | 218 | 255 | 203 | ||
| Stockholders' equity attributable to noncontrolling interest | 4 | ||||||||
| Total stockholders' equity: | 713 | 687 | 634 | 594 | 543 | 597 | 560 | ||
| TOTAL LIABILITIES AND EQUITY: | 918 | 1,080 | 1,055 | 1,016 | 903 | 904 | 954 | ||
Income statement (P&L) ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 744 | 1,032 | 1,034 | 919 | 860 | 836 | 845 | |
| Revenue, net | ✕ | 1,032 | 1,034 | 919 | 860 | 836 | 845 | |
| Cost of revenue (Cost of Goods and Services Sold) | (550) | (747) | (728) | (658) | (519) | (488) | (495) | |
| Other undisclosed gross profit | 6 | 11 | 13 | |||||
| Gross profit: | 199 | 296 | 320 | 262 | 340 | 348 | 350 | |
| Operating expenses | (145) | (176) | (181) | (156) | (269) | (123) | (157) | |
| Other operating expense, net | (3) | (4) | (2) | |||||
| Other undisclosed operating loss | (26) | (40) | (40) | (14) | (104) | (122) | (109) | |
| Operating income (loss): | 25 | 76 | 97 | 92 | (33) | 103 | 84 | |
| Nonoperating income (expense) | 2 | (1) | 2 | 1 | 1 | 0 | 1 | |
| Investment income, nonoperating | 2 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Foreign currency transaction gain, before tax | 0 | |||||||
| Other nonoperating income (expense) | (0) | (1) | 2 | 1 | 0 | (0) | 0 | |
| Interest and debt expense | (3) | (5) | (5) | (5) | (6) | (4) | (5) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (0) | |||||||
| Income (loss) from continuing operations before income taxes: | 24 | 71 | 93 | 88 | (38) | 99 | 79 | |
| Income tax expense (benefit) | (9) | 4 | (35) | (28) | 1 | (44) | (33) | |
| Income (loss) from continuing operations: | 15 | 75 | 58 | 60 | (37) | 55 | 46 | |
| Income (loss) from discontinued operations | 106 | 1 | (0) | |||||
| Net income (loss): | 121 | 75 | 58 | 60 | (36) | 55 | 46 | |
| Net loss attributable to noncontrolling interest | (0) | |||||||
| Other undisclosed net loss attributable to parent | (3) | |||||||
| Net income (loss) available to common stockholders, diluted: | 121 | 75 | 58 | 60 | (36) | 52 | 46 | |
Comprehensive Income ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 121 | 75 | 58 | 60 | (36) | 55 | 46 | |
| Other comprehensive income (loss) | 13 | 6 | (9) | (4) | (3) | (1) | 4 | |
| Comprehensive income (loss): | 134 | 81 | 49 | 56 | (39) | 54 | 50 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (3) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 133 | 81 | 49 | 56 | (39) | 52 | 50 | |
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.