Universal Electronics Inc. (UEIC) financial statements (2021 and earlier)

Company profile

Business Address 15147 N SCOTTSDALE RD
SCOTTSDALE, AZ 85254
State of Incorp. DE
Fiscal Year End December 31
SIC 3651 - Household Audio and Video Equipment (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 investments577453625153113
Cash and cash equivalents577453625153113
Restricted cash and investments   555 
Receivables12913914515212512298
Inventory, net of allowances, customer advances and progress billings12014514416313012297
Inventory12014514416313012297
Contract with customer, asset101326
Disposal group, including discontinued operation   13   
Other undisclosed current assets1081313141412
Total current assets:327379380407324315320
Noncurrent Assets
Operating lease, right-of-use asset2020
Property, plant and equipment8791961111059076
Intangible assets, net (including goodwill)68687378727655
Goodwill49484849434331
Intangible assets, net (excluding goodwill)20202429293325
Restricted cash and investments    5  
Deferred income tax assets64
Other noncurrent assets3255555
Other undisclosed noncurrent assets  281086
Total noncurrent assets:183185175201197180143
TOTAL ASSETS:510564556608521495463
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities149189169186158158133
Accounts payable83103107119979470
Accrued liabilities33352429242116
Employee-related liabilities29443434363741
Taxes payable4744056
Debt20681021385050 
Deferred revenue and credits   1
Other undisclosed current liabilities1110109883
Total current liabilities:180266280333216215136
Noncurrent Liabilities
Long-term debt and lease obligation1416     
Operating lease, liability1416
Liabilities, other than long-term debt481218251011
Accounts payable and accrued liabilities1223111
Deferred tax liabilities, net  788
Deferred income tax liabilities22
Other liabilities1022622
Business combination, contingent consideration, liability0481311  
Other undisclosed noncurrent liabilities  14 12 
Total noncurrent liabilities:17231322252211
Total liabilities:197290293355241237147
Stockholders' equity
Stockholders' equity attributable to parent313274263254281258316
Common stock0000000
Treasury stock, value(295)(278)(276)(262)(223)(210)(121)
Additional paid in capital302288276265250228215
Accumulated other comprehensive loss(19)(23)(20)(17)(23)(16)(4)
Retained earnings325286283267276255226
Stockholders' equity attributable to noncontrolling interest     0 
Total stockholders' equity:313274263254281258316
TOTAL LIABILITIES AND EQUITY:510564556608521495463

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
Revenues615753680696651603562
Revenue, net696651603562
Cost of revenue
(Cost of Goods and Services Sold)
(438)(583)(538)(530)(487)(436)(395)
Gross profit:176170142166164167167
Operating expenses(139)(155)(143)(155)(139)(131)(130)
Other undisclosed operating income      4
Operating income (loss):3715(2)11253641
Nonoperating income (expense)(1)(1)33(1)1(0)(2)
Investment income, nonoperating  37   (0)
Foreign currency transaction loss, before tax      (0)
Other nonoperating income (expense)(1)(1)(4)(1)1(0)(1)
Interest and debt expense(2)(4)(5)(3)(1)(0) 
Other undisclosed income from continuing operations before equity method investments, income taxes10000001
Income from continuing operations before income taxes:4410267253640
Income tax expense(5)(7)(14)(18)(5)(7)(8)
Net income (loss):39412(10)202933
Net income (loss) attributable to noncontrolling interest    (0)0 
Net income (loss) available to common stockholders, diluted:39412(10)202933

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):39412(10)202933
Other undisclosed comprehensive income (loss) (3)(4)6(7)(11) 
Comprehensive income (loss):3918(4)131833
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    (0)0 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent4     (7)
Comprehensive income (loss), net of tax, attributable to parent:4318(4)131825

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: