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)

12/31/2019
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 investments127129344267235222218
Cash and cash equivalents127129344267235215212
Short-term investments     76
Receivables390347342319277290265
Prepaid expense21242222171516
Derivative instruments and hedges, assets     12
Deferred tax assets    148
Other current assets21172016333021
Other undisclosed current assets     (22)(17)
Total current assets:559517728623563550513
Noncurrent Assets
Operating lease, right-of-use asset205
Nontrade receivables     1
Property, plant and equipment126135161156112110118
Intangible assets, net (including goodwill)470477410418247254276
Goodwill311303269265196194200
Intangible assets, net (excluding goodwill)158174140153516176
Deposits noncurrent assets     33
Other noncurrent assets56432938263044
Deferred tax assets, net    213
Other undisclosed noncurrent assets     (6)(16)
Total noncurrent assets:857655600613385394437
TOTAL ASSETS:1,4161,1721,3271,236948945950
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities147124138126102126108
Accounts payable34273229232626
Accrued liabilities     14 
Employee-related liabilities1109610393778281
Taxes payable4134241
Debt51      
Restructuring reserve     1
Deferred revenue and credits3539283435
Deferred tax liabilities   100
Other liabilities29313138212230
Other undisclosed current liabilities2730   (15) 
Total current liabilities:254186203203153168173
Noncurrent Liabilities
Long-term debt and lease obligation240102275267707598
Long-term debt, excluding current maturities73102275267707598
Operating lease, liability167
Liabilities, other than long-term debt48564938454441
Accounts payable and accrued liabilities222427191921 
Accrued income taxes25
Deferred tax liabilities, net   453
Restructuring reserve     12
Other liabilities25322219231812
Other undisclosed noncurrent liabilities 2341(1)2
Total noncurrent liabilities:287160327309116118141
Total liabilities:541345531512269286315
Stockholders' equity
Stockholders' equity attributable to parent874827796725679658636
Common stock0000000
Treasury stock, value(3)(2)(2)(9)(2)(1)(2)
Additional paid in capital289287282281275279280
Accumulated other comprehensive income (loss)(47)(57)(31)(67)(54)(21)8
Retained earnings635599547519458401349
Total stockholders' equity:874827796725679658636
TOTAL LIABILITIES AND EQUITY:1,4161,1721,3271,236948945950

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,6151,6261,5861,4601,2861,3281,263
Cost of revenue(1,042)(1,073)(1,040)(948)(837)(892)(855)
Gross profit:572553546512450435408
Operating expenses(431)(432)(398)(371)(312)(310)(313)
Other undisclosed operating loss(52)(57)(61)(49)(44)(46)(41)
Operating income:90638792948054
Nonoperating expense(4)(6)(6)(3)(4)(2)(2)
Investment income, nonoperating11   01
Foreign currency transaction loss, before tax     (2)(6)
Other nonoperating income (expense)(0)(2)12(2)(1)(1)
Interest and debt expense(4)(5)(8)(6)(2)(2)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes4586222
Income from continuing operations before income taxes:86578189907751
Income tax expense(22)(8)(49)(26)(21)(19)(14)
Net income available to common stockholders, diluted:64493262695837

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:64493262695837
Other comprehensive income (loss)  36(13)(33)(29)(7)
Comprehensive income:64496849352930
Other undisclosed comprehensive income (loss), net of tax, attributable to parent10(26)     
Comprehensive income, net of tax, attributable to parent:74236849352930

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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