XML 82 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 11,092 $ 13,116
Accounts receivable, net of allowance for doubtful accounts of $2,730 and $2,650 at 2019 and 2018, respectively 131,579 129,157
Inventories 50,163 45,664
Prepaid expenses 15,951 15,351
Income taxes receivable 6,527 13,993
Other current assets 5,925 13,696
TOTAL CURRENT ASSETS 221,237 230,977
PROPERTY, PLANT AND EQUIPMENT, net 123,506 122,917
RIGHT OF USE ASSETS 75,697  
INTANGIBLES, net 17,450 13,054
GOODWILL 213,425 219,412
DEFERRED TAX ASSETS, net 67,312 11,252
OTHER ASSETS 56,046 51,215
TOTAL ASSETS 774,673 648,827
CURRENT LIABILITIES:    
Accounts payable 35,611 41,155
Accrued payroll and related costs 26,689 22,549
Taxes other than payroll and income 8,366 7,488
Unearned revenues 13,381 17,325
Operating lease liabilities 11,841  
Income taxes payable 6,324 2,917
Other current liabilities 9,382 11,113
TOTAL CURRENT LIABILITIES 111,594 102,547
LONG-TERM DEBT, net 305,283 289,770
LONG-TERM OPERATING LEASE LIABILITIES 64,660  
DEFERRED COMPENSATION 50,485 49,359
DEFERRED TAX LIABILITIES, net 27,338 7,634
OTHER LONG-TERM LIABILITIES 33,173 38,617
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Preference shares, EUR 0.02 par value; 6,000,000 shares authorized, none issued or outstanding
Common shares, EUR 0.02 par value; 200,000,000 shares authorized, 44,796,252 issued and 44,465,562 outstanding at 2019 and 44,796,252 issued and 44,316,845 outstanding at 2018 1,148 1,148
Additional paid-in capital 51,872 57,438
Retained earnings 160,539 156,130
Accumulated other comprehensive income (loss) (6,330) (5,456)
Treasury shares (at cost), 330,690 at 2019 and 479,407 at 2018 (29,364) (52,501)
Total Core Laboratories N.V. shareholders' equity 177,865 156,759
Non-controlling interest 4,275 4,141
TOTAL EQUITY 182,140 160,900
TOTAL LIABILITIES AND EQUITY $ 774,673 $ 648,827