Standard Diversified Inc. (SDI) financial statements (2023 and earlier)

Company profile

Business Address 767 5TH AVENUE, 12TH FLOOR
NEW YORK, NY 10153
State of Incorp. DE
Fiscal Year End December 31
SIC 21 - Tobacco Products (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments113,54221,89418,2191,83623,46724,81824,598
Cash and cash equivalents112,46721,20118,2191,83623,46724,81824,598
Short-term investments1,075693     
Restricted cash and investments      1,300
Receivables7,2132,9013,249    
Inventory, net of allowances, customer advances and progress billings70,97991,23763,296   
Inventory70,97991,23763,296    
Other current assets16,39115,04510,851226462266
Other undisclosed current assets   19,956   
Total current assets:208,125131,07795,61522,01823,51324,84025,964
Noncurrent Assets
Operating lease, right-of-use asset14,503
Property, plant and equipment30,36827,7419,172    
Intangible assets, net (including goodwill)188,370185,021161,056   
Goodwill154,282146,696134,620    
Intangible assets, net (excluding goodwill)34,08838,32526,436    
Other noncurrent assets11,6036,415569    
Other undisclosed noncurrent assets  32,302    
Total noncurrent assets:244,844219,177203,099    
Other undisclosed assets58,07771,689     
TOTAL ASSETS:511,046421,943298,71422,01823,51324,84025,964
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities42,89933,10823,7001,7513515981,010
Accounts payable14,7469,2253,686    
Accrued liabilities27,67223,88319,5491,751351486625
Employee-related liabilities     112385
Interest and dividends payable481 465    
Debt16,9779,4317,850    
Other undisclosed current liabilities  8,000  (112)(385)
Total current liabilities:59,87642,53939,5501,751351486625
Noncurrent Liabilities
Long-term debt and lease obligation312,831208,616186,190    
Long-term debt, excluding current maturities299,569208,616186,190    
Operating lease, liability13,262
Liabilities, other than long-term debt7,0429,5224,533    
Asset retirement obligations2,1002,028     
Deferred tax liabilities, net2,711     
Deferred income tax liabilities1,572
Liability, pension and other postretirement and postemployment benefits 3,0963,962   
Other liabilities3,3701,687571    
Total noncurrent liabilities:319,873218,138190,723    
Other undisclosed liabilities31,04866,537     
Total liabilities:410,797327,214230,2731,751351486625
Stockholders' equity
Stockholders' equity attributable to parent, including:46,96853,69442,43720,26723,16224,35425,339
Common stock   217217217217
Treasury stock, value(1,103)(1,440) (555)(555)(555)(555)
Additional paid in capital84,86281,26170,81344,30844,17244,14844,143
Accumulated other comprehensive loss(1,722)(1,683)(1,558)    
Accumulated deficit(35,236)(24,613)(26,982)(23,703)(20,672)(19,456)(18,466)
Other undisclosed stockholders' equity attributable to parent167169164    
Stockholders' equity attributable to noncontrolling interest53,28141,03526,004    
Total stockholders' equity:100,24994,72968,44120,26723,16224,35425,339
TOTAL LIABILITIES AND EQUITY:511,046421,943298,71422,01823,51324,84025,964

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues391,778365,785285,801    
Revenue, net285,801    
Cost of revenue(252,137)(2,818)(160,936)    
Cost of goods and services sold(227,787) (160,936)    
Deferred policy acquisition costs, amortization expense (2,818)     
Gross profit:139,641362,967124,865    
Operating expenses(127,045)(325,667)(77,944)(3,059)(1,216)(1,242)(1,845)
Other undisclosed operating income 2,818     
Operating income (loss):12,59640,11846,921(3,059)(1,216)(1,242)(1,845)
Nonoperating income (expense)4,961(131)502    
Investment income, nonoperating  502    
Net periodic defined benefits expense (reversal of expense), excluding service cost component4,961(131)
Interest and debt expense(2,267)(19,621)(23,005)    
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   28 2(6)
Income (loss) from continuing operations before equity method investments, income taxes:15,29020,36624,418(3,031)(1,216)(1,240)(1,851)
Other undisclosed income (loss) from continuing operations before income taxes(17,445)736     
Income (loss) from continuing operations before income taxes:(2,155)21,10224,418(3,031)(1,216)(1,240)(1,851)
Income tax expense(1,624)(6,285)(7,280)    
Income (loss) from continuing operations:(3,779)14,81717,138(3,031)(1,216)(1,240)(1,851)
Income from discontinued operations     250580
Net income (loss):(3,779)14,81717,138(3,031)(1,216)(990)(1,271)
Net loss attributable to noncontrolling interest(6,844)(12,436)(6,761)    
Net income (loss) available to common stockholders, basic:(10,623)2,38110,377(3,031)(1,216)(990)(1,271)
Dilutive securities, effect on basic earnings per share(138)(206)(213)    
Net income (loss) available to common stockholders, diluted:(10,761)2,17510,164(3,031)(1,216)(990)(1,271)

Comprehensive Income ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(3,779)14,81717,138(3,031)(1,216)(990)(1,271)
Other comprehensive income (loss)(657)721,076    
Comprehensive income (loss):(4,436)14,88918,214(3,031)(1,216)(990)(1,271)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6,226)12,645(6,761)    
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (25,290)    234
Comprehensive income (loss), net of tax, attributable to parent:(10,662)2,24411,453(3,031)(1,216)(990)(1,037)

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: