CoreLogic Reports Second Quarter 2017 Financial Results

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.

 

CORELOGIC, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

UNAUDITED

 
(in thousands, except par value)     June 30,   December 31,
Assets 2017 2016
Current assets:
Cash and cash equivalents $ 89,422 $ 72,031
Accounts receivable (less allowance for doubtful accounts of $7,913 and $8,857 as of June 30, 2017 and December 31, 2016, respectively) 270,636 269,229
Prepaid expenses and other current assets 51,849 43,060
Income tax receivable 20,971 6,905
Assets of discontinued operations 806   662  
Total current assets 433,684 391,887
Property and equipment, net 433,393 449,199
Goodwill, net 2,112,692 2,107,255
Other intangible assets, net 453,171 478,913
Capitalized data and database costs, net 331,803 327,921
Investment in affiliates, net 103,460 40,809
Deferred income tax assets, long-term 1,382 1,516
Restricted cash 17,435 17,943
Other assets 90,084   92,091  
Total assets $ 3,977,104   $ 3,907,534  
Liabilities and Equity
Current liabilities:
Accounts payable and accrued expenses $ 144,902 $ 168,284
Accrued salaries and benefits 61,453 107,234
Deferred revenue, current 298,138 284,622
Current portion of long-term debt 140,018 105,158
Liabilities of discontinued operations 1,982   3,123  
Total current liabilities 646,493 668,421
Long-term debt, net of current 1,501,048 1,496,889
Deferred revenue, net of current 498,292 487,134
Deferred income tax liabilities, long term 123,106 120,063
Other liabilities 157,522   132,043  
Total liabilities 2,926,461   2,904,550  
 
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; 84,303 and 84,368 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 1 1
Additional paid-in capital 371,525 400,452
Retained earnings 781,647 724,949
Accumulated other comprehensive loss (102,530 ) (122,418 )
Total stockholders' equity 1,050,643   1,002,984  
Total liabilities and equity $ 3,977,104   $ 3,907,534  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Latest Blog Posts
Vijay ChobisaSiemens EDA
by Vijay Chobisa
The Rise of Custom Acceleration
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Nomination Deadline for Phil Kaufman Award and Hall of Fame: June 30
Jobs
Senior DPU System Application Engineer for Nvidia at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Senior Post Silicon Hardware Engineer for Nvidia at Santa Clara, California
Hardware Engineer for PTEC Solutions at Fremont, California
Upcoming Events
Design Automation Conference (DAC) 2024 at Moscone West, San Francisco CA - Jun 23 - 27, 2024
SemiconWest - 2024 at Moscone Center San Francisco CA - Jul 9 - 11, 2024
Flash Memory 2024 Conference & Expo FMS2024 at Santa Clara Convention Center Santa Clara CA - Aug 6 - 8, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise