Premiere Global Services Inc (PGI) Financial Statements (2024 and earlier)

Company Profile

Business Address 3280 PEACHTREE RD NE
ATLANTA, GA 30305-2422
State of Incorp. GA
Fiscal Year End December 31
Industry (SIC) 7389 - Business Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2015
MRQ
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 40,54748,49220,976
Cash and cash equivalents 40,22044,95520,976
Short-term investments 3273,537 
Restricted cash and investments 400  
Receivables 81,51478,48175,149
Prepaid expense 2,3252,979
Prepaid expense and other current assets18,245
Income taxes receivable2,3161,272
Other current assets 2,9143,194
Other undisclosed current assets 15,73417,3259,852
Total current assets: 143,434152,787125,494
Noncurrent Assets
Property, plant and equipment 100,954105,724104,613
Long-term investments and receivables 1,1002,100 
Long-term investments 1,1002,100 
Intangible assets, net (including goodwill) 488,766420,019305,157
Goodwill 386,416341,382297,773
Intangible assets, net (excluding goodwill) 102,35078,6377,384
Other noncurrent assets 20,73417,621
Prepaid expense and other noncurrent assets7,942
Other undisclosed noncurrent assets 1,242(143)2,597
Total noncurrent assets: 612,796545,321420,309
TOTAL ASSETS: 756,230698,108545,803
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 126,666112,73095,486
Interest and dividends payable 2,442  
Taxes payable 19,77913,8385,449
Employee-related liabilities 9,42712,4969,778
Accounts payable 57,21151,99448,166
Accrued liabilities 37,80734,40232,093
Debt 1,9711,7193,137
Restructuring reserve 958
Liability for uncertainty in income taxes   2,700
Deferred revenue and credits 10,5386,87410,202
Deferred tax liabilities 1717115
Other undisclosed current liabilities (22,407)(17,266)(21,640)
Total current liabilities: 117,743104,22889,900
Noncurrent Liabilities
Long-term debt and lease obligation, including: 332,825272,467179,832
Capital lease obligations 1,9302,3281,770
Other undisclosed long-term debt and lease obligation 330,895270,139178,062
Liabilities, other than long-term debt 50,67248,52823,867
Accounts payable and accrued liabilities 23,21929,57015,541
Deferred tax liabilities, net 27,45318,8818,209
Restructuring reserve  77117
Total noncurrent liabilities: 383,497320,995203,699
Total liabilities: 501,240425,223293,599
Equity
Equity, attributable to parent 254,990272,885252,204
Common stock 475483477
Additional paid in capital 442,585457,913453,621
Accumulated other comprehensive income (loss) (6,545)11,16913,102
Accumulated deficit (181,525)(196,680)(214,996)
Total equity: 254,990272,885252,204
TOTAL LIABILITIES AND EQUITY: 756,230698,108545,803

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

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 567,071526,865505,281
Cost of revenue (232,563)(225,994)(215,154)
Gross profit: 334,508300,871290,127
Operating expenses (761,179)(692,287)(658,987)
Other undisclosed operating income 456,461426,153410,286
Operating income: 29,79034,73741,426
Nonoperating expense (8,051)(6,821)(7,926)
Other nonoperating income (expense) 1,298214(808)
Interest and debt expense (9,378)(7,152)(7,167)
Other undisclosed income from continuing operations before equity method investments, income taxes 9,3787,1527,167
Income from continuing operations before income taxes: 21,73927,91633,500
Income tax expense (4,296)(9,062)(5,445)
Income from continuing operations: 17,44318,85428,055
Income before gain (loss) on sale of properties: 17,06418,31627,590
Loss from discontinued operations (379)(538)(465)
Net income available to common stockholders, diluted: 17,06418,31627,590

Comprehensive Income ($ in thousands)

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net income: 17,06418,31627,590
Other comprehensive income (loss) (17,714)(1,933)2,293
Comprehensive income (loss), net of tax, attributable to parent: (650)16,38329,883

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.

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