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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 20,958 $ 11,092
Accounts receivable, net of allowance for credit losses of $3,313 and $2,730 at 2020 and 2019, respectively 101,464 131,579
Inventories 41,528 50,163
Prepaid expenses 12,617 15,951
Income taxes receivable 8,534 6,527
Other current assets 6,292 5,925
TOTAL CURRENT ASSETS 191,393 221,237
PROPERTY, PLANT AND EQUIPMENT, net 119,866 123,506
RIGHT OF USE ASSETS 70,147 75,697
INTANGIBLES, net 8,743 17,450
GOODWILL 99,445 213,425
DEFERRED TAX ASSETS, net 71,805 67,312
OTHER ASSETS 53,042 56,046
TOTAL ASSETS 614,441 774,673
CURRENT LIABILITIES:    
Accounts payable 23,693 35,611
Accrued payroll and related costs 34,663 26,689
Taxes other than payroll and income 5,633 8,366
Unearned revenues 10,513 13,381
Operating lease liabilities 12,028 11,841
Income taxes payable 3,306 6,324
Other current liabilities 9,448 9,382
TOTAL CURRENT LIABILITIES 99,284 111,594
LONG-TERM DEBT, net 286,610 305,283
LONG-TERM OPERATING LEASE LIABILITIES 57,449 64,660
DEFERRED COMPENSATION 49,267 50,485
DEFERRED TAX LIABILITIES, net 24,277 27,338
OTHER LONG-TERM LIABILITIES 31,407 33,173
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, 44,796,252 issued and 44,477,267 outstanding at 2020 and 44,796,252 issued and 44,465,562 outstanding at 2019 1,148 1,148
Additional paid-in capital 60,901 51,872
Retained earnings 34,846 160,539
Accumulated other comprehensive income (loss) (8,358) (6,330)
Treasury shares (at cost), 318,985 at 2020 and 330,690 at 2019 (26,434) (29,364)
Total Core Laboratories N.V. shareholders' equity 62,103 177,865
Non-controlling interest 4,044 4,275
TOTAL EQUITY 66,147 182,140
TOTAL LIABILITIES AND EQUITY $ 614,441 $ 774,673