CORELOGIC, INC. CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED |
|||||||
(in thousands, except par value) |
June 30, |
December 31, |
|||||
Assets |
2019 |
2018 |
|||||
Current assets: |
|
|
|||||
Cash and cash equivalents |
$ |
82,042 |
|
$ |
85,271 |
|
|
Accounts receivable (less allowance for doubtful accounts of $6,567 and $5,742 as of June 30, 2019 and December 31, 2018, respectively) |
279,171 |
|
242,814 |
|
|||
Prepaid expenses and other current assets |
55,923 |
|
50,136 |
|
|||
Income tax receivable |
2,996 |
|
25,299 |
|
|||
Total current assets |
420,132 |
|
403,520 |
|
|||
Property and equipment, net |
448,617 |
|
456,497 |
|
|||
Operating lease assets |
61,910 |
|
— |
|
|||
Goodwill, net |
2,395,412 |
|
2,391,954 |
|
|||
Other intangible assets, net |
401,071 |
|
468,405 |
|
|||
Capitalized data and database costs, net |
325,060 |
|
324,049 |
|
|||
Investment in affiliates, net |
22,284 |
|
22,429 |
|
|||
Other assets |
76,026 |
|
102,136 |
|
|||
Total assets |
$ |
4,150,512 |
|
$ |
4,168,990 |
|
|
Liabilities and Equity |
|
|
|||||
Current liabilities: |
|
|
|||||
Accounts payable and other accrued expenses |
$ |
152,394 |
|
$ |
166,258 |
|
|
Accrued salaries and benefits |
67,795 |
|
84,940 |
|
|||
| Contract liabilities, current |
320,580 |
|
308,959 |
|
|||
| Current portion of long-term debt |
90,115 |
|
26,935 |
|
|||
| Operating lease liabilities, current |
16,473 |
|
— |
|
|||
| Total current liabilities |
647,357 |
|
587,092 |
|
|||
| Long-term debt, net of current |
1,667,021 |
|
1,752,241 |
|
|||
| Contract liabilities, net of current |
524,650 |
|
524,069 |
|
|||
| Deferred income tax liabilities |
105,364 |
|
124,968 |
|
|||
| Operating lease liabilities, net of current |
80,268 |
|
— |
|
|||
| Other liabilities |
172,360 |
|
180,122 |
|
|||
| Total liabilities |
3,197,020 |
|
3,168,492 |
|
|||
|
|
|
|
|||||
| Stockholders' equity: |
|
|
|||||
| Preferred stock, $0.00001 par value; 500 shares authorized, no shares issued or outstanding |
$ |
— |
|
$ |
— |
|
|
| Common stock, $0.00001 par value; 180,000 shares authorized; 80,133 and 80,092 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively |
1 |
|
1 |
|
|||
| Additional paid-in capital |
146,887 |
|
160,870 |
|
|||
| Retained earnings |
971,490 |
|
975,375 |
|
|||
| Accumulated other comprehensive loss |
(164,886 |
) |
(135,748 |
) |
|||
| Total stockholders' equity |
953,492 |
|
1,000,498 |
|
|||
| Noncontrolling interests |
— |
|
— |
|
|||
| Total equity |
953,492 |
|
1,000,498 |
|
|||
| Total liabilities and equity |
$ |
4,150,512 |
|
$ |
4,168,990 |
|
|
CoreLogic Reports Second Quarter 2019 Financial Results
 |  | More GIS News
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|
Please refer to the full Form 10-Q filing for the complete financial statements and related notes that are an integral part of the financial statements.
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