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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 17,703 $ 13,806
Accounts receivable, net of allowance for credit losses of $3,225 and $4,068 at 2021 and 2020, respectively 96,830 83,192
Inventories 45,443 38,151
Prepaid expenses 14,059 14,797
Income taxes receivable 9,911 9,675
Other current assets 5,109 6,227
TOTAL CURRENT ASSETS 189,055 165,848
PROPERTY, PLANT AND EQUIPMENT, net 110,952 115,293
RIGHT OF USE ASSETS 61,387 66,385
INTANGIBLES 8,139 8,583
GOODWILL 99,445 99,445
DEFERRED TAX ASSETS, net 70,462 72,775
OTHER ASSETS 41,413 40,250
TOTAL ASSETS 580,853 568,579
CURRENT LIABILITIES:    
Accounts payable 29,726 23,028
Accrued payroll and related costs 20,833 26,526
Taxes other than payroll and income 5,931 6,556
Unearned revenues 7,765 5,457
Operating lease liabilities 12,342 11,437
Income taxes payable 6,502 8,347
Other current liabilities 7,683 8,399
TOTAL CURRENT LIABILITIES 90,782 89,750
LONG-TERM DEBT, net 188,636 259,433
LONG-TERM OPERATING LEASE LIABILITIES 49,286 56,108
DEFERRED COMPENSATION 39,101 39,145
DEFERRED TAX LIABILITIES, net 24,336 20,585
OTHER LONG-TERM LIABILITIES 27,711 27,985
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Preference shares, EUR 0.02 par value; 6,000,000 shares authorized, none issued or outstanding 0 0
Common shares, EUR 0.02 par value; 200,000,000 shares authorized, 46,454,264 issued and 46,349,397 outstanding at 2021 and 44,796,252 issued and 44,572,801 outstanding at 2020 1,188 1,148
Additional paid-in capital 101,120 41,184
Retained earnings 68,349 50,456
Accumulated other comprehensive income (loss) (10,133) (7,200)
Treasury shares (at cost), 104,867 at 2021 and 223,451 at 2020 (4,075) (14,075)
Total Core Laboratories N.V. shareholders' equity 156,449 71,513
Non-controlling interest 4,552 4,060
TOTAL EQUITY 161,001 75,573
TOTAL LIABILITIES AND EQUITY $ 580,853 $ 568,579