Spok Holdings, Inc. (SPOK) financial statements (2021 and earlier)
Company profile
| Business Address |
6850 VERSAR CENTER, SPRINGFIELD, VA 22151 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4812 - Radiotelephone Communications (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 investments | 79 | 77 | 87 | 107 | 126 | 111 | 108 | ||
| Cash and cash equivalents | 49 | 47 | 83 | 107 | 126 | 111 | 108 | ||
| Short-term investments | 30 | 30 | 4 | ||||||
| Receivables | 30 | 30 | 32 | 32 | 24 | 23 | 25 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | 2 | 2 | 2 | 2 | 3 | |||
| Inventory | 1 | 2 | 2 | 2 | 2 | 3 | |||
| Prepaid expense | 9 | 8 | 2 | 2 | |||||
| Deposits current assets | 1 | 0 | |||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Deferred tax assets | ✕ | ✕ | 2 | ||||||
| Other current assets | 1 | 2 | |||||||
| Other undisclosed current assets | 10 | 6 | 4 | 3 | 5 | ||||
| Total current assets: | 119 | 118 | 131 | 147 | 156 | 142 | 145 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 14 | 16 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 8 | 8 | 10 | 13 | 13 | 15 | 17 | ||
| Intangible assets, net (including goodwill) | 100 | 127 | 138 | 141 | 144 | 148 | 153 | ||
| Goodwill | 99 | 124 | 133 | 133 | 133 | 133 | 133 | ||
| Intangible assets, net (excluding goodwill) | 0 | 3 | 5 | 8 | 11 | 15 | 20 | ||
| Deferred income tax assets | 26 | 49 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 1 | 2 | 1 | 2 | 3 | 1 | 1 | ||
| Deferred tax assets, net | ✕ | ✕ | 22 | ||||||
| Other undisclosed noncurrent assets | 10 | 46 | 48 | 73 | 84 | ||||
| Total noncurrent assets: | 158 | 202 | 197 | 204 | 232 | 249 | 193 | ||
| TOTAL ASSETS: | 277 | 320 | 328 | 351 | 388 | 390 | 338 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 7 | 4 | 2 | 1 | 24 | 3 | 4 | ||
| Accounts payable | 2 | 3 | |||||||
| Accrued liabilities | 1 | ||||||||
| Employee-related liabilities | 14 | 12 | 11 | 11 | 13 | 12 | |||
| Taxes payable | 2 | 2 | 3 | 4 | 4 | ||||
| Interest and dividends payable | 0 | 5 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (7) | (10) | (11) | (13) | 2 | (16) | |||
| Deferred revenue | 28 | 26 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Debt | 5 | 0 | |||||||
| Asset retirement obligation | 0 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 31 | 29 | 27 | 24 | ||
| Contract with customer, liability | ✕ | ✕ | 26 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 4 | 3 | 3 | 4 | 3 | ||||
| Other undisclosed current liabilities | 19 | 13 | 13 | 14 | 17 | 22 | |||
| Total current liabilities: | 57 | 51 | 45 | 51 | 56 | 47 | 50 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 9 | 12 | 0 | ||||||
| Capital lease obligations | ✕ | ✕ | 0 | ||||||
| Operating lease, liability | 9 | 12 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 10 | 7 | 8 | 9 | 10 | 10 | 16 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | 1 | 1 | 1 | 1 | ||
| Contract with customer, liability | ✕ | ✕ | 0 | ✕ | ✕ | ✕ | ✕ | ||
| Asset retirement obligations | 7 | 6 | 7 | ||||||
| Other liabilities | 2 | 1 | 8 | 8 | 9 | 9 | 8 | ||
| Other undisclosed noncurrent liabilities | (7) | ||||||||
| Total noncurrent liabilities: | 19 | 19 | 8 | 9 | 10 | 10 | 9 | ||
| Total liabilities: | 77 | 70 | 53 | 60 | 66 | 57 | 59 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 201 | 250 | 275 | 291 | 322 | 334 | 279 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Treasury stock, value | (86) | (79) | (64) | ||||||
| Additional paid in capital | 92 | 87 | 91 | 99 | 105 | 110 | 127 | ||
| Accumulated other comprehensive loss | (1) | (2) | (1) | ||||||
| Retained earnings | 110 | 165 | 185 | 192 | 217 | 223 | 152 | ||
| Other undisclosed stockholders' equity attributable to parent | 86 | 79 | 64 | ||||||
| Total stockholders' equity: | 201 | 250 | 275 | 291 | 322 | 334 | 279 | ||
| TOTAL LIABILITIES AND EQUITY: | 277 | 320 | 328 | 351 | 388 | 390 | 338 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 148 | 160 | 169 | 171 | 180 | 190 | 200 | |
| Revenue, net | ✕ | ✕ | ✕ | 171 | 180 | 190 | 200 | |
| Cost of revenue | (29) | (30) | (32) | (28) | (31) | (34) | (33) | |
| Gross profit: | 120 | 130 | 137 | 143 | 149 | 156 | 168 | |
| Operating expenses | (104) | (106) | (99) | (89) | (82) | (73) | (89) | |
| Other undisclosed operating loss | (38) | (40) | (42) | (43) | (45) | (58) | (51) | |
| Operating income (loss): | (23) | (16) | (3) | 11 | 22 | 25 | 28 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 0 | 1 | (1) | 0 | 1 | 1 | (0) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 1 | 2 | 2 | 1 | 0 | 0 | (0) | |
| Income (loss) from continuing operations before income taxes: | (22) | (13) | (2) | 12 | 23 | 26 | 27 | |
| Income tax expense (benefit) | (22) | 3 | 1 | (27) | (9) | 58 | (7) | |
| Net income (loss) available to common stockholders, diluted: | (44) | (11) | (1) | (15) | 14 | 84 | 21 | |
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 (loss): | (44) | (11) | (1) | (15) | 14 | 84 | 21 | |
| Other comprehensive income (loss) | 0 | (0) | (0) | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (44) | (11) | (2) | (15) | 14 | 84 | 21 | |
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.