Superior Group of Companies, Inc. (SGC) financial statements (2022 and earlier)

Company profile

Business Address 10055 SEMINOLE BLVD
SEMINOLE, FL 33772
State of Incorp. FL
Fiscal Year End December 31
SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,9355,1729,0385,3628,1303,6491,036
Cash and cash equivalents8,9355,1729,0385,3628,1303,6491,036
Receivables107,053101,90279,74664,01750,56941,82329,914
Inventory, net of allowances, customer advances and progress billings120,55589,76673,37967,30164,97969,24063,573
Inventory120,55589,76673,37967,30164,97969,24063,573
Prepaid expense2,4001,500     
Contract with customer, asset38,01839,23138,53349,236
Other undisclosed current assets22,30810,88611,01711,29612,85910,2999,476
Total current assets:299,269248,457211,713197,212136,537125,011103,999
Noncurrent Assets
Operating lease, right-of-use asset8,2463,8265,445
Property, plant and equipment49,69036,64432,82528,76926,84427,53322,524
Intangible assets, net (including goodwill)99,85494,86298,828100,27345,09334,50718,357
Goodwill39,43436,11636,29233,96116,03211,2694,135
Intangible assets, net (excluding goodwill)60,42058,74662,53666,31229,06123,23814,222
Other noncurrent assets13,18610,13510,1228,8327,5642,9971,940
Deferred tax assets, net 2,9006,8004,980
Total noncurrent assets:170,976145,467147,220137,87482,40171,83747,801
TOTAL ASSETS:470,245393,924358,933335,086218,938196,848151,800
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities52,34039,32733,27124,68519,75213,50711,775
Accounts payable52,34039,32733,27124,68519,75213,50711,775
Debt15,28615,28615,2866,0006,0005,8932,750
Business combination, contingent consideration, liability4,5075,5891,9059413,061  
Other liabilities38,98944,67018,89414,76712,40910,7168,307
Other undisclosed current liabilities     1,7881,787
Total current liabilities:111,122104,87269,35646,39341,22231,90424,619
Noncurrent Liabilities
Long-term debt and lease obligation104,57473,971106,383111,52232,93336,22721,200
Long-term debt, excluding current maturities100,84572,372104,003111,52232,93336,22721,200
Operating lease, liability3,7291,5992,380
Liabilities, other than long-term debt, including:27,55923,45125,6403,6484,2131,462500
Deferred compensation liability, classified     962 
Deferred tax liabilities, net8,475   
Deferred income tax liabilities3594507,042
Liability, pension and other postretirement and postemployment benefits15,42014,57410,2538,7058,3199,4678,925
Other liabilities9,2116,5354,922    
Business combination, contingent consideration, liability2,5691,8923,4235,4227,2837,2383,866
Other undisclosed liabilities, other than long-term debt   (18,954)(11,389)(16,205)(12,291)
Total noncurrent liabilities:132,13397,422132,023115,17037,14637,68921,700
Total liabilities:243,255202,294201,379161,56378,36869,59346,319
Stockholders' equity
Stockholders' equity attributable to parent, including:226,990191,630157,554150,921124,968110,55092,690
Common stock16151515151514
Additional paid in capital69,35161,84457,44255,85949,10342,41633,806
Accumulated other comprehensive loss(6,213)(12,270)(7,575)(8,098)(7,279)(6,164)(6,522)
Retained earnings163,836141,972107,581103,03283,12974,28365,392
Other undisclosed stockholders' equity attributable to parent 6991113   
Total stockholders' equity:226,990191,630157,554150,921124,968110,55092,690
Other undisclosed liabilities and equity   22,60215,60216,70512,791
TOTAL LIABILITIES AND EQUITY:470,245393,924358,933335,086218,938196,848151,800

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues536,986526,697376,701346,350266,814252,596210,317
Revenue, net266,814252,596210,317
Cost of revenue(350,972)(337,932)(247,772)(224,653)(170,462)(166,302)(139,403)
Cost of goods and services sold(350,972)(337,932)(247,772)(224,653)(170,462)(165,614)(138,884)
Other undisclosed gross profit     688519
Gross profit:186,014188,765128,929121,69796,35286,98271,433
Operating expenses(142,060)(136,515)(107,282)(96,710)(71,816)(66,396)(52,018)
Operating income:43,95452,25021,64724,98724,53620,58619,415
Nonoperating expense
(Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component)
(1,786)(955)(1,962)(385)   
Interest and debt expense(1,220)(2,003)(4,399)(3,207)(802)(688)(519)
Other undisclosed income from continuing operations before equity method investments, income taxes    1,048  
Income from continuing operations before equity method investments, income taxes:40,94849,29215,28621,39524,78219,89818,896
Other undisclosed income (loss) from continuing operations before income taxes(7,821)2,164     
Income from continuing operations before income taxes:33,12751,45615,28621,39524,78219,89818,896
Income tax expense(3,687)(10,430)(3,220)(4,420)(9,760)(5,260)(5,830)
Net income available to common stockholders, diluted:29,44041,02612,06616,97515,02214,63813,066

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:29,44041,02612,06616,97515,02214,63813,066
Other comprehensive income (loss) 705118(66)   
Comprehensive income:29,44041,73112,18416,90915,02214,63813,066
Other undisclosed comprehensive income (loss), net of tax, attributable to parent5,988(5,422)383(640)(1,115)358(577)
Comprehensive income, net of tax, attributable to parent:35,42836,30912,56716,26913,90714,99612,489

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: