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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 22,037 $ 17,703
Accounts receivable, net of allowance for credit losses of $3,448 and $3,225 at 2022 and 2021, respectively 98,900 96,830
Inventories 48,224 45,443
Prepaid expenses 13,611 14,059
Income taxes receivable 14,640 9,911
Other current assets 4,780 5,109
TOTAL CURRENT ASSETS 202,192 189,055
PROPERTY, PLANT AND EQUIPMENT, net of accumulate depreciation of $306,542 and $306,461 at 2022 and 2021, respectively 109,926 110,952
RIGHT OF USE ASSETS 60,168 61,387
INTANGIBLES, net of accumulated amortization of $[17,369] and $17,540 at 2022 and 2021, respectively 7,979 8,139
GOODWILL 99,445 99,445
DEFERRED TAX ASSETS, net 67,698 70,462
OTHER ASSETS 37,510 41,413
TOTAL ASSETS 584,918 580,853
CURRENT LIABILITIES:    
Accounts payable 34,405 29,726
Accrued payroll and related costs 26,465 20,833
Taxes other than payroll and income 4,795 5,931
Unearned revenues 7,602 7,765
Operating lease liabilities 12,669 12,342
Income taxes payable 5,784 6,502
Other current liabilities 8,042 7,683
TOTAL CURRENT LIABILITIES 99,762 90,782
LONG-TERM DEBT, net 189,807 188,636
LONG-TERM OPERATING LEASE LIABILITIES 46,883 49,286
DEFERRED COMPENSATION 34,527 39,101
DEFERRED TAX LIABILITIES, net 23,270 24,336
OTHER LONG-TERM LIABILITIES 24,283 27,711
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 46,283,676 outstanding at 2022 and 46,454,264 issued and 46,349,397 outstanding at 2021 1,188 1,188
Additional paid-in capital 107,088 101,120
Retained earnings 65,998 68,349
Accumulated other comprehensive income (loss) (6,753) (10,133)
Treasury shares (at cost), 170,588 at 2022 and 104,867 at 2021 (5,736) (4,075)
Total Core Laboratories N.V. shareholders' equity 161,785 156,449
Non-controlling interest 4,601 4,552
TOTAL EQUITY 166,386 161,001
TOTAL LIABILITIES AND EQUITY $ 584,918 $ 580,853