Red Lion Hotels Corporation (RLH) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1550 MARKET STREET #425 DENVER, CO 80202 |
| State of Incorp. | WA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7011 - Hotels and Motels (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2020 MRQ | 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 investments | 29,497 | 17,034 | 32,429 | 38,072 | 41,983 | 5,126 | |||
| Cash and cash equivalents | 29,497 | 17,034 | 32,429 | 38,072 | 23,898 | 5,126 | |||
| Short-term investments | 18,085 | ||||||||
| Restricted cash and investments | 2,311 | 2,755 | 12,429 | 9,537 | 11,304 | 225 | |||
| Receivables | 20,852 | 20,678 | 15,761 | 14,012 | 9,093 | 9,696 | |||
| Inventory, net of allowances, customer advances and progress billings | 443 | 647 | 721 | 1,013 | |||||
| Inventory | 443 | 647 | 721 | 1,013 | |||||
| Disposal group, including discontinued operation | 34,359 | 21,173 | |||||||
| Other current assets | 5,849 | 6,218 | |||||||
| Other undisclosed current assets | 4,862 | 4,491 | 2,149 | 3,671 | |||||
| Total current assets: | 58,509 | 46,685 | 100,283 | 66,759 | 65,250 | 40,904 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 48,283 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 68,668 | 115,522 | 167,938 | 210,732 | 195,390 | 160,410 | |||
| Long-term investments and receivables | 1,676 | 2,340 | |||||||
| Accounts and financing receivable, after allowance for credit loss | 1,676 | 2,340 | |||||||
| Intangible assets, net (including goodwill) | 67,207 | 79,505 | 60,153 | 65,420 | 23,813 | 15,524 | |||
| Goodwill | 18,595 | 18,595 | 9,404 | 12,566 | 8,512 | 8,512 | |||
| Intangible assets, net (excluding goodwill) | 48,612 | 60,910 | 50,749 | 52,854 | 15,301 | 7,012 | |||
| Other noncurrent assets | 3,851 | 8,075 | 1,976 | 1,624 | 1,089 | 4,176 | |||
| Total noncurrent assets: | 188,009 | 203,102 | 230,067 | 277,776 | 221,968 | 182,450 | |||
| TOTAL ASSETS: | 246,518 | 249,787 | 330,350 | 344,535 | 287,218 | 223,354 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 13,688 | 15,684 | 15,651 | 17,818 | 18,651 | 10,066 | |||
| Employee-related liabilities | 2,709 | 5,402 | 7,457 | 4,800 | 6,163 | 4,567 | |||
| Accounts payable | 5,510 | 5,322 | 4,100 | 8,682 | 9,263 | 2,952 | |||
| Accrued liabilities | 5,469 | 4,960 | 4,094 | 4,336 | 3,225 | 2,547 | |||
| Debt | 4,809 | 25,056 | 62,914 | 1,469 | |||||
| Business combination, contingent consideration, liability | 9,289 | 6,768 | |||||||
| Deferred tax liabilities | ✕ | ✕ | 2,778 | ||||||
| Customer advances and deposits | ✕ | ✕ | ✕ | 11,334 | 9,211 | 5,625 | |||
| Other undisclosed current liabilities | 16,984 | ||||||||
| Total current liabilities: | 35,481 | 40,740 | 87,854 | 37,389 | 27,862 | 18,469 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 62,244 | 19,114 | 48,483 | 106,862 | 87,557 | 61,025 | |||
| Long-term debt, excluding current maturities | 15,576 | 19,114 | 48,483 | 106,862 | 87,557 | 61,025 | |||
| Finance lease, liability | 76 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 743 | 1,554 | 12,441 | 4,198 | 3,023 | ||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 1,554 | 2,293 | 1,326 | 2,988 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 5,716 | 2,872 | 35 | ||||
| Deferred income tax liabilities | 743 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 46,592 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Business combination, contingent consideration, liability | 4,432 | ||||||||
| Other undisclosed noncurrent liabilities | 1,029 | 3,017 | 2,219 | ||||||
| Total noncurrent liabilities: | 64,016 | 22,131 | 52,256 | 119,303 | 91,755 | 64,048 | |||
| Total liabilities: | 99,497 | 62,871 | 140,110 | 156,692 | 119,617 | 82,517 | |||
| Equity | |||||||||
| Equity, attributable to parent | 144,984 | 165,752 | 162,859 | 155,336 | 133,992 | 140,837 | |||
| Common stock | 251 | 246 | 237 | 234 | 201 | 198 | |||
| Additional paid in capital | 181,608 | 182,018 | 178,028 | 171,089 | 143,901 | 153,671 | |||
| Accumulated other comprehensive loss | (203) | ||||||||
| Accumulated deficit | (36,875) | (16,512) | (15,406) | (15,987) | (10,110) | (12,829) | |||
| Equity, attributable to noncontrolling interest | 2,037 | 21,164 | 27,381 | 32,507 | 33,609 | ||||
| Total equity: | 147,021 | 186,916 | 190,240 | 187,843 | 167,601 | 140,837 | |||
| TOTAL LIABILITIES AND EQUITY: | 246,518 | 249,787 | 330,350 | 344,535 | 287,218 | 223,354 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 114,288 | 135,849 | 171,926 | 164,070 | 142,920 | 145,426 | ||
| Revenue, net | ✕ | ✕ | ✕ | 171,926 | 164,070 | 142,920 | 145,426 | |
| Cost of revenue | (84,801) | (106,980) | (153,951) | (151,533) | (136,913) | (130,750) | ||
| Cost of goods and services sold | (17,003) | (149,154) | (133,116) | (120,191) | (114,007) | |||
| Gross profit: | 29,487 | 28,869 | 17,975 | 12,537 | 6,007 | 14,676 | ||
| Operating expenses | (44,783) | (7,116) | (16,872) | (10,784) | 7,873 | (7,917) | ||
| Other operating income (expense), net | 9 | (15,524) | 1,304 | |||||
| Other expenses | 1,304 | |||||||
| Other undisclosed operating income (loss) | (9) | 15,524 | (1,304) | |||||
| Operating income (loss): | (15,296) | 21,753 | 1,103 | 1,753 | 13,880 | 6,759 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (5,424) | (6,738) | (7,434) | 483 | (9,779) | 339 | ||
| Interest and debt expense | (428) | (794) | (8,252) | (6,764) | (2,847) | (4,575) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (21,148) | 14,221 | (14,583) | (4,528) | 1,254 | 2,523 | ||
| Loss from equity method investments | (36) | |||||||
| Other undisclosed income from continuing operations before income taxes | 794 | |||||||
| Income (loss) from continuing operations before income taxes: | (21,148) | 15,015 | (14,583) | (4,528) | 1,254 | 2,487 | ||
| Income tax expense (benefit) | (253) | 71 | 4,662 | (312) | (85) | (31) | ||
| Other undisclosed income from continuing operations | 428 | 8,252 | 2,847 | 36 | ||||
| Income (loss) from continuing operations: | (20,973) | 15,086 | (1,669) | (4,840) | 4,016 | 2,492 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | (20,973) | 15,086 | (1,488) | (4,840) | 4,016 | 2,303 | |
| Income (loss) from discontinued operations | 181 | (189) | ||||||
| Net income (loss): | (20,973) | 15,086 | (1,488) | (4,840) | 4,016 | 2,303 | ||
| Net income (loss) attributable to noncontrolling interest | 1,944 | (13,129) | 2,069 | 163 | (1,297) | |||
| Net income (loss) available to common stockholders, diluted: | (19,029) | 1,957 | 581 | (4,677) | 2,719 | 2,303 | ||
Comprehensive Income ($ in thousands)
| 9/30/2020 TTM | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (20,973) | 15,086 | (1,488) | (4,840) | 4,016 | 2,303 | ||
| Comprehensive income (loss): | (20,973) | 15,086 | (1,488) | (4,840) | 4,016 | 2,303 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1,944 | (13,129) | 2,069 | 163 | (1,297) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (44) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (19,029) | 1,957 | 581 | (4,677) | 2,719 | 2,259 | ||
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.