CoreLogic, Inc.
|
||||||||
(in thousands, except par value) |
September 30, |
|
December 31, |
|||||
Assets |
2020 |
|
2019 |
|||||
Current assets: |
|
|
|
|||||
Cash and cash equivalents |
$ |
302,329 |
|
|
$ |
104,162 |
|
|
Accounts receivable (less allowance for credit losses of $9,188 and $6,937 as of September 30, 2020 and December 31, 2019, respectively) |
279,492 |
|
|
247,683 |
|
|||
Prepaid expenses and other current assets |
84,595 |
|
|
53,105 |
|
|||
Assets of discontinued operations |
207,791 |
|
|
201,986 |
|
|||
Total current assets |
874,207 |
|
|
606,936 |
|
|||
Property and equipment, net |
407,228 |
|
|
424,670 |
|
|||
Operating lease assets |
86,489 |
|
|
65,825 |
|
|||
Goodwill, net |
2,298,876 |
|
|
2,286,896 |
|
|||
Other intangible assets, net |
334,363 |
|
|
375,629 |
|
|||
Capitalized data and database costs, net |
314,399 |
|
|
308,409 |
|
|||
Investment in affiliates, net |
1,121 |
|
|
16,666 |
|
|||
Other assets |
76,787 |
|
|
74,250 |
|
|||
| Total assets |
$ |
4,393,470 |
|
|
$ |
4,159,281 |
|
|
| Liabilities and Equity |
|
|
|
|||||
| Current liabilities: |
|
|
|
|||||
| Accounts payable and other accrued expenses |
$ |
190,997 |
|
|
$ |
139,511 |
|
|
| Accrued salaries and benefits |
91,763 |
|
|
83,418 |
|
|||
| Dividends payable |
— |
|
|
17,374 |
|
|||
| Contract liabilities, current |
401,986 |
|
|
320,634 |
|
|||
| Liabilities of discontinued operations |
50,497 |
|
|
42,708 |
|
|||
| Current portion of long-term debt |
21,382 |
|
|
56,022 |
|
|||
| Operating lease liabilities, current |
16,245 |
|
|
18,058 |
|
|||
| Total current liabilities |
772,870 |
|
|
677,725 |
|
|||
| Long-term debt, net of current |
1,548,785 |
|
|
1,610,538 |
|
|||
| Contract liabilities, net of current |
584,907 |
|
|
563,190 |
|
|||
| Deferred income tax liabilities |
67,171 |
|
|
92,783 |
|
|||
| Operating lease liabilities, net of current |
103,293 |
|
|
85,139 |
|
|||
| Other liabilities |
193,705 |
|
|
178,696 |
|
|||
| Total liabilities |
3,270,731 |
|
|
3,208,071 |
|
|||
|
|
|
|
|
|||||
| 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; 79,545 and 78,972 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively |
1 |
|
|
1 |
|
|||
| Additional paid-in capital |
135,267 |
|
|
111,000 |
|
|||
| Retained earnings |
1,185,904 |
|
|
1,006,992 |
|
|||
| Accumulated other comprehensive loss |
(198,433 |
) |
|
(166,783 |
) |
|||
| Total stockholders' equity |
1,122,739 |
|
|
951,210 |
|
|||
| Total liabilities and equity |
$ |
4,393,470 |
|
|
$ |
4,159,281 |
|
|
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.
