NN, Inc. (NNBR) financial statements (2021 and earlier)

Company profile

Business Address 6210 ARDREY KELL ROAD
CHARLOTTE, NC 28277
State of Incorp. DE
Fiscal Year End December 31
SIC 3562 - Ball and Roller Bearings (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments483218224141537
Cash and cash equivalents483218224141537
Receivables9313813415214012799
Inventory, net of allowances, customer advances and progress billings631191238311512091
Inventory631191238311512091
Derivative instruments and hedges, assets     0 
Other current assets11152219121210
Other undisclosed current assets     66
Total current assets:215303297477281280243
Noncurrent Assets
Finance lease, right-of-use asset15 
Operating lease, right-of-use asset5065
Property, plant and equipment 375361259323319278
Long-term investments and receivables27222040413835
Long-term investments27222040413835
Intangible assets, net (including goodwill)103768816692706732137
Goodwill 43943945545045084
Intangible assets, net (excluding goodwill)10332937623825628253
Derivative instruments and hedges     0 
Regulated entity, other noncurrent assets1      
Other noncurrent assets6986102318
Other undisclosed noncurrent assets208    02
Total noncurrent assets:4101,2391,2059981,0801,113470
TOTAL ASSETS:6251,5421,5021,4751,3601,394713
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities628990741039696
Accounts payable37576653766971
Employee-related liabilities21302521252121
Taxes payable41  253
Debt9263117171728
Other liabilities31252317192115
Other undisclosed current liabilities1      
Total current liabilities:103139145108139133138
Noncurrent Liabilities
Long-term debt and lease obligation134824811791792818343
Long-term debt, excluding current maturities79757811791786808328
Capital lease obligations  61015
Operating lease, liability5567
Liabilities, other than long-term debt281321279011512258
Accounts payable and accrued liabilities 146   
Deferred revenue 86
Deferred tax liabilities, net937210011749
Deferred income tax liabilities11 
Liability, pension and other postretirement and postemployment benefits    5 6
Other liabilities174529131052
Derivative instruments and hedges, liabilities    1  
Other undisclosed noncurrent liabilities    061
Total noncurrent liabilities:162956938880907946401
Total liabilities:2661,0961,0839891,0451,080539
Temporary equity, carrying amount10593     
Stockholders' equity
Stockholders' equity attributable to parent, including:2543418486315314174
Common stock0000000
Additional paid in capital49350251229228527899
Accumulated other comprehensive income (loss)(34)(45)(32)(18)(25)(19)5
Retained earnings (accumulated deficit)(206)(105)(62)211565569
Warrants and rights outstanding 1     
Other undisclosed stockholders' equity attributable to parent (350)    0
Stockholders' equity attributable to noncontrolling interest    000
Other undisclosed stockholders' equity 350    (0)
Total stockholders' equity:254353418486315314174
TOTAL LIABILITIES AND EQUITY:6251,5421,5021,4751,3601,394713

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues428847771620833667489
Revenue, net771620833667489
Cost of revenue(344)(642)(588)    
Cost of goods and services sold(344)(642)     
Gross profit:84206182620833667489
Operating expenses(151)(103)(282)(74)(81)(58)(53)
Other operating expense, net(5)(1)(6)(0)   
Other undisclosed operating loss(46)(92)(73)(512)(694)(582)(408)
Operating income (loss):(117)10(179)33592728
Nonoperating income (expense)(11)(1)(1)23(1)(2)
Investment income, nonoperating(12)      
Other nonoperating income (expense)0(1)(1)23(1)(2)
Interest and debt expense(19)(60)(81)(94)(66)(49)(14)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(4)  0(3) 1
Income (loss) from continuing operations before equity method investments, income taxes:(152)(52)(261)(59)(7)(23)13
Income (loss) from equity method investments42(14)565 
Income (loss) from continuing operations before income taxes:(148)(50)(275)(54)(1)(18)13
Income tax expense (benefit)931179911(6)
Other undisclosed loss from continuing operations      (7)
Income (loss) from continuing operations:(139)(47)(264)258(7)1
Income from discontinued operations39  138   
Net income (loss):(101)(47)(264)1638(7)1
Net income attributable to noncontrolling interest      0
Other undisclosed net income attributable to parent      7
Net income (loss) attributable to parent:(101)(47)(264)1638(7)8
Preferred stock dividends and other adjustments(12)1     
Other undisclosed net loss available to common stockholders, basic(39)(1)     
Net income (loss) available to common stockholders, diluted:(152)(47)(264)1638(7)8

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(101)(47)(264)1638(7)1
Other comprehensive income (loss)11(13)(14)13(6)  
Comprehensive income (loss):(90)(60)(278)1762(7)1
Comprehensive income, net of tax, attributable to noncontrolling interest      0
Other undisclosed comprehensive loss, net of tax, attributable to parent     (25) 
Comprehensive income (loss), net of tax, attributable to parent:(90)(60)(278)1762(32)1

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.

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: