Sykes Enterprises, Incorporated (SYKE) financial statements (2021 and earlier)

Company profile

Business Address 400 NORTH ASHLEY DRIVE
TAMPA, FL 33602
State of Incorp. FL
Fiscal Year End December 31
SIC 7373 - Computer Integrated Systems Design (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 investments103127129344267235222
Cash and cash equivalents103127129344267235215
Short-term investments      7
Receivables416390347342319277290
Prepaid expense21212422221715
Derivative instruments and hedges, assets      1
Deferred tax assets    14
Other current assets20211720163330
Other undisclosed current assets      (22)
Total current assets:560559517728623563550
Noncurrent Assets
Operating lease, right-of-use asset159205
Nontrade receivables      1
Property, plant and equipment121126135161156112110
Intangible assets, net (including goodwill)533470477410418247254
Goodwill299311303269265196194
Intangible assets, net (excluding goodwill)2341581741401535161
Deposits noncurrent assets      3
Other noncurrent assets63564329382630
Deferred tax assets, net    2
Other undisclosed noncurrent assets      (6)
Total noncurrent assets:876857655600613385394
TOTAL ASSETS:1,4361,4161,1721,3271,236948945
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities183147124138126102126
Accounts payable32342732292326
Accrued liabilities      14
Employee-related liabilities14711096103937782
Taxes payable4413424
Debt 51     
Restructuring reserve      1
Deferred revenue and credits35392834
Deferred tax liabilities   10
Other liabilities32293131382122
Other undisclosed current liabilities812730   (15)
Total current liabilities:296254186203203153168
Noncurrent Liabilities
Long-term debt and lease obligation1892401022752677075
Long-term debt, excluding current maturities63731022752677075
Operating lease, liability126167
Liabilities, other than long-term debt57485649384544
Accounts payable and accrued liabilities22222427191921
Deferred tax liabilities, net   45
Restructuring reserve      1
Other liabilities36253222192318
Other undisclosed noncurrent liabilities  2341(1)
Total noncurrent liabilities:247287160327309116118
Total liabilities:542541345531512269286
Stockholders' equity
Stockholders' equity attributable to parent894874827796725679658
Common stock0000000
Treasury stock, value(3)(3)(2)(2)(9)(2)(1)
Additional paid in capital298289287282281275279
Accumulated other comprehensive loss(41)(47)(57)(31)(67)(54)(21)
Retained earnings639635599547519458401
Total stockholders' equity:894874827796725679658
TOTAL LIABILITIES AND EQUITY:1,4361,4161,1721,3271,236948945

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
Revenues1,7101,6151,6261,5861,4601,2861,328
Cost of revenue(1,100)(1,042)(1,073)(1,040)(948)(837)(892)
Gross profit:611572553546512450435
Operating expenses(436)(431)(432)(398)(371)(312)(310)
Other undisclosed operating loss(93)(52)(57)(61)(49)(44)(46)
Operating income:82906387929480
Nonoperating expense(1)(4)(6)(6)(3)(4)(2)
Investment income, nonoperating111   0
Foreign currency transaction loss, before tax      (2)
Other nonoperating income (expense)(0)(0)(2)12(2)(1)
Interest and debt expense(2)(4)(5)(8)(6)(2)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes2458622
Income from continuing operations before income taxes:81865781899077
Income tax expense(24)(22)(8)(49)(26)(21)(19)
Net income available to common stockholders, diluted:56644932626958

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:56644932626958
Other comprehensive income (loss)   36(13)(33)(29)
Comprehensive income:56644968493529
Other undisclosed comprehensive income (loss), net of tax, attributable to parent610(26)    
Comprehensive income, net of tax, attributable to parent:62742368493529

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.

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