Tennant Company (TNC) financial statements (2020 and earlier)

Company profile

Business Address 701 N LILAC DR
MINNEAPOLIS, MN 55440
State of Incorp. MN
Fiscal Year End December 31
SIC 358 - Refrigeration And Service Industry Machinery (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 investments 865858519381
Cash and cash equivalents 865858519381
Receivables217208203145136147276
Inventory, net of allowances, customer advances and progress billings15013512879778167
Inventory15013512879778167
Prepaid expense 22199151011
Disposal group, including discontinued operation    7  
Other current assets 982222
Other undisclosed current assets114974515(121)
Total current assets:481469423298294347315
Noncurrent Assets
Operating lease, right-of-use asset47
Property, plant and equipment173163180112958783
Long-term investments and receivables 0     
Long-term investments 0     
Intangible assets, net (including goodwill)33332935828203438
Goodwill19518318621171819
Intangible assets, net (excluding goodwill)138147172631619
Other noncurrent assets29162119121117
Other undisclosed noncurrent assets 1511131282
Total noncurrent assets:582524571172139140141
TOTAL ASSETS:1,063993994470432487456
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities158150136868612090
Accounts payable94989647506253
Accrued liabilities     16 
Employee-related liabilities64493736353430
Taxes payable 232187
Debt3127313344
Disposal group, including discontinued operation    0  
Deferred revenue and credits   22
Other liabilities86726944434644
Other undisclosed current liabilities     (26)(9)
Total current liabilities:275249237133133146132
Noncurrent Liabilities
Long-term debt and lease obligation, including:30832834633212528
Operating lease, liability30
Other undisclosed long-term debt and lease obligation27732834633212528
Liabilities, other than long-term debt32788954108
Deferred revenue4
Deferred tax liabilities, net46530063
Other liabilities2832365445
Other undisclosed noncurrent liabilities88212421222625
Total noncurrent liabilities:42742745959476161
Total liabilities:702676696191180206192
Stockholders' equity
Stockholders' equity attributable to parent360314297279252281264
Common stock7777777
Additional paid in capital4629154 2632
Accumulated other comprehensive loss(39)(37)(22)(50)(48)(39)(25)
Retained earnings346316297318294286250
Stockholders' equity attributable to noncontrolling interest122    
Total stockholders' equity:361316298279252281264
TOTAL LIABILITIES AND EQUITY:1,063993994470432487456

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
Revenues1,1381,1241,003809812822752
Revenue, net1,003809812822752
Cost of revenue
(Cost of Goods and Services Sold)
(676)(678)(599)(457)(463)(470)(426)
Gross profit:462445404352349352326
Operating expenses(390)(387)(377)(283)(296)(280)(264)
Operating income:72582768537262
Nonoperating expense(18)(22)(28)(2)(3)(3)(3)
Investment income, nonoperating3320000
Foreign currency transaction loss, before tax(1)(1)(3)(0)(1)(1)(1)
Other nonoperating income (expense)1(1)(2)(1)(1)(0)(0)
Interest and debt expense(21)(23)(6)(1)(1)(2)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes212361122
Income (loss) from continuing operations before income taxes:5436(1)66507060
Income tax expense(8)(2)(5)(20)(18)(19)(20)
Net income (loss):4634(6)47325140
Net income (loss) attributable to noncontrolling interest(0)(0)0    
Net income (loss) available to common stockholders, diluted:4633(6)47325140

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 (loss):4634(6)47325140
Other comprehensive income (loss)(1)(15)28(2)(10)(14)5
Comprehensive income:45192145233746
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)0    
Comprehensive income, net of tax, attributable to parent:45192145233746

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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