CoreLogic, Inc.
Consolidated Balance Sheets
(Unaudited)
(in thousands, except par value) |
December 31, |
|
December 31, |
||||
Assets |
2020 |
|
2019 |
||||
Current assets: |
|
|
|
||||
Cash and cash equivalents |
$ |
167,422 |
|
|
$ |
104,162 |
|
Accounts receivable (less allowances of $9,838 and $6,937 in 2020 and 2019, respectively) |
303,202 |
|
|
247,683 |
|
||
Prepaid expenses and other current assets |
82,794 |
|
|
53,105 |
|
||
Assets of discontinued operations |
202,417 |
|
|
201,986 |
|
||
Total current assets |
755,835 |
|
|
606,936 |
|
||
Property and equipment, net |
406,114 |
|
|
424,670 |
|
||
Operating lease assets |
82,459 |
|
|
65,825 |
|
||
Goodwill, net |
2,315,495 |
|
|
2,286,896 |
|
||
Other intangible assets, net |
320,921 |
|
|
375,629 |
|
||
Capitalized data and database costs, net |
321,211 |
|
|
308,409 |
|
||
Investment in affiliates, net |
— |
|
|
16,666 |
|
||
Other assets |
81,187 |
|
|
74,250 |
|
||
Total assets |
$ |
4,283,222 |
|
|
$ |
4,159,281 |
|
Liabilities and Equity |
|
|
|
||||
| Current liabilities: |
|
|
|
||||
| Accounts payable and other accrued expenses |
$ |
177,606 |
|
|
$ |
139,511 |
|
| Accrued salaries and benefits |
57,499 |
|
|
83,418 |
|
||
| Dividend payable |
— |
|
|
17,374 |
|
||
| Contract liabilities, current |
411,821 |
|
|
320,634 |
|
||
| Current portion of long-term debt |
43,230 |
|
|
56,022 |
|
||
| Operating lease liabilities, current |
15,566 |
|
|
18,058 |
|
||
| Liabilities of discontinued operations |
44,677 |
|
|
42,708 |
|
||
| Total current liabilities |
750,399 |
|
|
677,725 |
|
||
| Long-term debt, net of current |
1,828,003 |
|
|
1,610,538 |
|
||
| Contract liabilities, net of current |
617,318 |
|
|
563,190 |
|
||
| Deferred income tax liabilities |
91,853 |
|
|
92,783 |
|
||
| Operating lease liabilities, net of current |
99,966 |
|
|
85,139 |
|
||
| Other liabilities |
172,421 |
|
|
178,696 |
|
||
| Total liabilities |
3,559,960 |
|
|
3,208,071 |
|
||
|
|
|
|
|
||||
| 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; 73,152 and 78,972 shares issued and outstanding as of December 31, 2020 and 2019, respectively |
1 |
|
|
1 |
|
||
| Additional paid-in capital |
— |
|
|
111,000 |
|
||
| Retained earnings |
893,404 |
|
|
1,006,992 |
|
||
| Accumulated other comprehensive loss |
(170,143) |
|
|
(166,783) |
|
||
| Total stockholders' equity |
723,262 |
|
|
951,210 |
|
||
| Total liabilities and equity |
$ |
4,283,222 |
|
|
$ |
4,159,281 |
|
