Patrick Industries, Inc. (PATK) financial statements (2021 and earlier)

Company profile

Business Address 107 WEST FRANKLIN STREET PO BOX 638
ELKHART, IN 46515
State of Incorp. IN
Fiscal Year End December 31
SIC 3714 - Motor Vehicle Parts and Accessories (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 investments4513973600
Cash and cash equivalents4513973600
Receivables133888278383833
Inventory, net of allowances, customer advances and progress billings3132542731751208971
Inventory3132542731751208971
Prepaid expense 12     
Deferred tax assets   65
Other current assets     1 
Other undisclosed current assets38242318866
Total current assets:528517385274173140115
Noncurrent Assets
Operating lease, right-of-use asset11894
Property, plant and equipment251181177118856857
Intangible assets, net (including goodwill)85267666547227417581
Goodwill3963192822081106932
Intangible assets, net (excluding goodwill)45635738326316510750
Deferred costs     31
Other noncurrent assets20111 1
Other undisclosed noncurrent assets234221 
Total noncurrent assets:1,225954846593362246141
TOTAL ASSETS:1,7531,4711,231867535386256
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities189154149121704756
Accounts payable106969084472930
Accrued liabilities83585937241815
Employee-related liabilities      8
Taxes payable      2
Debt8339161611 
Other undisclosed current liabilities31     (10)
Total current liabilities:227187158136865845
Noncurrent Liabilities
Long-term debt and lease obligation899737622338257194101
Long-term debt, excluding current maturities811670622338257194101
Operating lease, liability8866
Liabilities, other than long-term debt6850208544
Deferred tax liabilities, net  544
Deferred income tax liabilities4027
Other liabilities2822208   
Other undisclosed noncurrent liabilities  2314222
Total noncurrent liabilities:967787665360263200108
Total liabilities:1,194974822496350257153
Stockholders' equity
Stockholders' equity attributable to parent, including:559497409371185129103
Additional paid in capital2425258887
Accumulated other comprehensive income (loss)(6)(6)(3)0000
Retained earnings3603062251991136341
Other undisclosed stockholders' equity attributable to parent181173161163645855
Total stockholders' equity:559497409371185129103
TOTAL LIABILITIES AND EQUITY:1,7531,4711,231867535386256

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
Revenues2,4872,3372,2631,6361,222920736
Revenue, net1,6361,222920736
Cost of revenue
(Cost of Goods and Services Sold)
(2,028)(1,914)(1,847)(1,357)(1,019)(768)(644)
Other undisclosed gross profit      27
Gross profit:459423416279202152119
Operating expenses(286)(268)(237)(157)(112)(82)(67)
Operating income:173154178122917051
Interest and debt expense(16)(7)(6)  (0)(3)
Income from continuing operations before equity method investments, income taxes:157147173122916949
Other undisclosed income (loss) from continuing operations before income taxes(27)(30)(21)(9)(7)(4)0
Income from continuing operations before income taxes:130118152113846649
Income tax expense(33)(28)(32)(27)(28)(23)(18)
Net income available to common stockholders, diluted:979012086564231

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:979012086564231
Other comprehensive loss(0)(3)(3)    
Comprehensive income:978711786564231
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   0(0)0(0)
Comprehensive income, net of tax, attributable to parent:978711786564231

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: