Balance Sheet

Download CSV

	Year Ending Dec 2017 (Update)	Year Ending Dec 2016 (Update)	Year Ending Dec 2015 (Update)	Year Ending Dec 2014 (Reclassified)	Year Ending Dec 2013 (Update)	Year Ending Dec 2012 (Reclassified)	Year Ending Dec 2011 (Reclassified)	Year Ending Dec 2010 (Reclassified)	Year Ending Dec 2009 (Update)	Year Ending Dec 2008 (Reclassified)
Cash & Equivalents	326.70	379.18	304.18	278.38	299.83	286.46	361.10	366.19	388.14	284.33
Short Term Investments	179.13
Cash and Short Term Investments	505.83	379.18	304.18	278.38	299.83	286.46	361.10	366.19	388.14	284.33
Accounts Receivable - Trade, Gross	411.22	281.76	272.01	345.52	375.53	369.32	393.28	329.80	281.87	306.84
Provision for Doubtful Accounts	-15.94	-7.77	-7.30	-7.86	-8.40	-8.65	-7.08	-7.86	-8.17	-7.67
Accounts Receivable - Trade, Net	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95	273.70	299.17
Total Receivables, Net	395.28	273.99	264.72	337.66	367.13	360.66	386.20	321.95	273.70	299.17
Inventories - Finished Goods	200.40	138.04	148.46	187.49	198.52	203.12	213.94	167.79	153.97	203.13
Inventories - Work In Progress	50.70	40.56	39.56	41.16	38.96	41.81	42.10	38.71	32.73	49.69
Inventories - Raw Materials	97.58	76.81	87.92	112.41	112.48	119.96	117.19	85.23	69.05	94.11
Total Inventory	348.67	255.41	275.93	341.06	349.96	364.89	373.24	291.73	255.74	346.93
Prepaid Expenses		64.40
Deferred Income Tax - Current Asset			--		10.92		15.10	26.75	23.78	16.73
Other Current Assets	123.84	70.74	91.17	139.10	102.93	120.80	83.63	75.89	82.19	77.57
Other Current Assets, Total	123.84	70.74	91.17	139.10	113.85	120.80	98.73	102.64	105.97	94.29
Total Current Assets	1.37M	1.04M	936.00	1.10M	1.13M	1.13M	1.22M	1.08M	1.02M	1.02M
Buildings - Gross	421.72	335.89	362.33	371.40	373.37	343.87	322.63	313.86	291.44	258.74
Land/Improvements - Gross	66.65	46.22	45.78	46.55	48.37	44.51	42.89	43.70	42.82	38.75
Machinery/Equipment - Gross	776.44	706.94	696.85	711.74	723.72	732.46	724.80	712.36	683.04	643.06
Property/Plant/Equipment, Total - Gross	1.26M	1.09M	1.10M	1.13M	1.15M	1.12M	1.09M	1.07M	1.02M	940.54
Accumulated Depreciation, Total	-787.78	-716.67	-693.63	-690.94	-661.45	-634.60	-619.87	-591.36	-557.24	-512.64
Property/Plant/Equipment, Total - Net	477.03	372.38	411.32	438.75	484.01	486.24	470.45	478.57	460.06	427.90
Goodwill, Net	234.58	231.92	187.50		174.72		65.10	45.95	39.55	36.19
Intangibles - Gross	243.71	210.33	193.14		205.25		129.28	110.27	107.64	87.26
Accumulated Intangible Amortization	-116.25	-97.36	-88.34		-58.24		-34.81	-29.02	-25.86	-22.00
Intangibles, Net	127.45	130.09	120.72		147.01		94.47	81.26	81.77	65.26
LT Investment - Affiliate Companies			27.24		26.62		24.62	22.91	22.90	62.36
LT Investments - Other			32.09		32.76		30.18	29.80	29.08	29.84
Long Term Investments			59.33		59.38		54.79	52.71	51.98	92.20
Pension Benefits - Overfunded			38.20		36.12			0.59	1.92	2.72
Deferred Income Tax - Long Term Asset	15.94	8.42	8.68		3.56		57.57	22.16	26.33	47.40
Other Long Term Assets	177.94	156.92	22.41	404.27	116.31	470.81	15.12	20.04	20.13	22.41
Other Long Term Assets, Total	193.87	165.34	69.30	404.27	155.98	470.81	72.69	42.79	48.38	72.53
Total Assets	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M	1.71M	1.72M
Accounts Payable	269.76	176.76	152.62	209.75	212.80	209.65	176.31	147.11	100.05	124.39
Accrued Expenses	91.90	72.78	133.13		108.44		96.26	82.69	68.44	75.83
Notes Payable/Short Term Debt	2.02	1.76	2.82	68.17	14.58	18.22	19.92	11.28	34.58	19.44
Current Portion of Long Term Debt/Capital Leases	0.11	0.13	1.46		0.72	0.46	81.50	1.80	1.29	31.26
Dividends Payable	25.61	22.99	22.62		18.62		14.19	12.99	11.89	11.44
Customer Advances	19.68	21.24	16.11		24.32		15.47
Income Taxes Payable			16.60		46.11		21.96	21.76	22.43	13.31
Other Current Liabilities	119.66	92.46	24.76	214.48	31.34	211.94	45.43	57.97	59.30	80.99
Other Current liabilities, Total	164.95	136.68	80.09	214.48	120.38	211.94	97.05	92.71	93.61	105.74
Total Current Liabilities	528.74	388.11	370.12	492.40	456.92	440.27	471.04	335.59	297.97	356.64
Long Term Debt	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63	87.85	91.54
Total Long Term Debt	704.14	703.70	350.35	2.49	3.79	1.60	1.96	84.63	87.85	91.54
Total Debt	706.27	705.59	354.63	70.65	19.09	20.28	103.38	97.71	123.72	142.23
Deferred Income Tax - Long Term Liability	40.72	41.62	46.66		48.10		17.61	19.77	16.68	8.55
Deferred Income Tax	40.72	41.62	46.66		48.10		17.61	19.77	16.68	8.55
Minority Interest	0.82	0.73	0.86	3.23	4.09	15.95	16.30	15.98	13.33	14.76
Pension Benefits - Underfunded		24.70	15.24	32.80	27.00	216.19	232.18	121.99	139.67	188.16
Other Long Term Liabilities	200.50	73.11	69.35	125.75	85.37	73.49	60.75	72.33	77.45	63.94
Other Liabilities, Total	200.50	97.80	84.59	158.55	112.37	289.68	292.93	194.33	217.12	252.10
Total Liabilities	1.47M	1.23M	852.58	656.67	625.27	747.49	799.83	650.29	632.95	723.59
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	4.93	4.93
Common Stock, Total	9.86	9.86	9.86	9.86	9.86	9.86	9.86	9.86	4.93	4.93
Additional Paid-In Capital	334.31	309.42	272.91	258.82	240.52	205.12	179.10	162.45	159.44	155.54
Retained Earnings (Accumulated Deficit)	2.39M	2.24M	2.13M	2.09M	1.91M	1.68M	1.48M	1.32M	1.24M	1.24M
Treasury Stock - Common	-1,553.56	-1,514.83	-1,180.75	-783.68	-480.30	-319.88	-248.53	-217.41	-181.62	-183.81
Cumulative Translation Adjustment	-162.78	-233.69	-197.04	-90.72	8.38		6.58	33.84
Minimum Pension Liability Adjustment	-85.28	-95.94	-99.78	-197.89	-160.69		-255.37	-175.43
Other Comprehensive Income	0.88	0.59	0.55	-0.01	0.37	-235.40	0.91	-0.35	-149.40	-218.25
Other Equity, Total	-247.19	-329.04	-296.27	-288.62	-151.94	-235.40	-247.88	-141.95	-149.40	-218.25
Total Equity	931.64	711.48	931.59	1.28M	1.53M	1.34M	1.18M	1.13M	1.07M	995.22
Total Liabilities & Shareholders' Equity	2.41M	1.94M	1.78M	1.94M	2.15M	2.09M	1.98M	1.78M	1.71M	1.72M
Shares Outstanding – Common Stock Primary Issue	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24	85.27	85.04
Total Common Shares Outstanding	65.66	65.67	70.69	77.00	81.01	82.94	83.76	84.24	85.27	85.04
Treasury Shares – Common Primary Issue	32.92	32.91	27.89	21.58	17.57	15.64	14.82	14.34	13.31	13.54
Employees	11.00M	9.00M	10.00M	10.00M	10.00M	10.00M	9.93M	9.47M	8.95M	9.33M
Number of Common Shareholders	1.65M	1.71M	1.74M	1.77M		1.70M	1.75M	1.69M	1.76M	1.81M
Accumulated Intangible Amortization	116.25	97.36	88.34		58.24		34.81	29.02	25.86	22.00
Deferred Revenue - Current	19.68	21.24	16.11		24.32		15.47
Total Current Assets less Inventory	1.02M	788.31	660.07	755.15	780.81	767.93	846.03	790.78	767.80	677.79
Quick Ratio	1.94	2.03	1.78	1.53	1.71	1.74	1.80	2.36	2.58	1.90
Current Ratio	2.60	2.69	2.53	2.23	2.47	2.57	2.59	3.23	3.44	2.87
Net Debt	201.26	327.14	51.30	-204.49	-276.65	-250.24	-241.43	-252.51	-251.09	-127.35
Tangible Book Value	569.60	349.47	623.36	1.28M	1.20M	1.34M	1.02M	1.01M	951.02	893.77
Tangible Book Value per Share	8.67	5.32	8.82	16.66	14.87	16.18	12.15	11.95	11.15	10.51
Total Long Term Debt, Supplemental	713.18	713.01	355.48		17.54	20.28	82.20	82.33	118.08	112.24
Long Term Debt Maturing within 1 Year	2.13	1.89	4.28		15.30	18.68	80.50	0.86	0.33	30.18
Long Term Debt Maturing in Year 2	0.11	0.10	0.57		0.54	0.41	0.36	40.20	35.87	0.34
Long Term Debt Maturing in Year 3	0.11	0.10	0.11		0.45	0.31	0.36	40.20	80.46	0.34
Long Term Debt Maturing in Year 4	0.11	0.10	0.10		0.29	0.13	0.14	0.13	0.15	40.13
Long Term Debt Maturing in Year 5	0.11	0.10	0.10		0.20	0.13	0.14	0.13	0.15	40.13
Long Term Debt Maturing in 2-3 Years	0.22	0.21	0.67		0.98	0.72	0.72	80.40	116.32	0.69
Long Term Debt Maturing in 4-5 Years	0.22	0.20	0.21		0.49	0.27	0.27	0.25	0.30	80.26
Long Term Debt Maturing in Year 6 & Beyond	710.61	710.71	350.32		0.77	0.61	0.71	0.82	1.12	1.11
Total Capital Leases							0.90	1.87	2.84	3.65
Capital Lease Payments Due in Year 1							0.64	0.93	0.96	0.94
Capital Lease Payments Due in Year 2							0.07	0.39	0.83	0.96
Capital Lease Payments Due in Year 3							0.07	0.39	0.83	0.96
Capital Lease Payments Due in Year 4							0.04	0.04	0.04	0.34
Capital Lease Payments Due in Year 5							0.04	0.04	0.04	0.34
Capital Lease Payments Due in 2-3 Years							0.14	0.77	1.65	1.91
Capital Lease Payments Due in 4-5 Years							0.08	0.08	0.08	0.67
Capital Lease Payments Due in Year 6 & Beyond							0.05	0.09	0.14	0.13
Total Operating Leases	57.31	43.69	41.68	44.40	48.17	46.22	36.22	34.42	34.71	35.89
Operating Lease Payments Due in Year 1	19.21	12.27	12.16	12.37	13.26	12.62	10.62	10.57	9.92	11.05
Operating Lease Payments Due in Year 2	13.36	9.82	8.74	10.67	18.63	9.39	7.72	7.45	7.23	6.71
Operating Lease Payments Due in Year 3	8.97	7.67	6.62	7.90	9.71	6.87	5.44	4.97	5.33	5.18
Operating Lease Payments Due in Year 4	5.25	5.22	5.03	5.43		5.70	3.84	3.47	2.76	3.83
Operating Lease Payments Due in Year 5	4.89	3.82	3.56	4.13		4.56	3.33	2.35	2.23	2.95
Operating Lease Payments Due in 2-3 Years	22.33	17.49	15.36	18.57	28.34	16.26	13.16	12.42	12.56	11.89
Operating Lease Payments Due in 4-5 Years	10.14	9.04	8.58	9.55		10.26	7.17	5.82	5.00	6.78
Standardized Operating Lease Payments Due in Year 6 and Beyond	5.63	4.89	5.58	3.91	6.57	7.08	5.26	5.62	7.23	6.19
Pension Obligation - Domestic	507.08	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95	777.52	721.47
Pension Obligation - Foreign	193.52
Plan Assets - Domestic	568.39	599.09	576.10	1.01M	940.00	813.90	749.46	726.47	636.76	532.78
Plan Assets - Foreign	113.34
Funded Status - Domestic	61.31	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47	-140.76	-188.69
Funded Status - Foreign	-80.18
Accumulated Obligation - Domestic	691.83	560.23	523.73	1.00M	891.40	976.03	949.49	818.29	738.97	685.57
Total Funded Status	-18.87	34.36	17.93	-34.53	-1.45	-219.83	-242.52	-125.47	-140.76	-188.69
Discount Rate - Domestic	3.70	4.10	4.50	4.10	4.70	3.80	4.20	5.30	5.80	6.20
Compensation Rate - Domestic	2.50	2.60	2.70	2.80	4.20	4.00	4.00	4.00	4.00	4.10
Prepaid Benefits - Domestic	81.49	64.40	38.20	1.24			--	0.59	1.92	2.72
Accrued Liabilities - Domestic	-20.17	-30.04	-20.27	-35.77	-37.56	-219.83	-242.52	-126.06	-142.68	-191.41
Other Assets, Net - Domestic	90.68	146.60	154.76	314.41	256.26	417.97	407.53	279.87	276.94	310.46
Net Assets Recognized on Balance Sheet	151.99	180.96	172.69	279.88	218.70	198.14	165.00	154.40	136.18	121.76
Equity % - Domestic	0.80	0.68	0.62			13.24	12.60	15.39	13.90
Debt Securities % - Domestic	75.97	25.72	22.93	0.48	0.50	0.64	81.57	78.48	78.00
Private Investments % - Domestic	6.58	6.57	7.01	3.76	3.46	3.33	2.37	1.25	0.70
Other Investments % - Domestic	36.59	67.03	69.44	95.76	96.04	82.80	3.46	4.88	7.40
Total Plan Obligations	700.60	564.73	558.17	1.05M	941.44	1.03M	991.98	851.95	777.52	721.47
Total Plan Assets	681.73	599.09	576.10	1.01M	940.00	813.90	749.46	726.47	636.76	532.78

For a more complete picture of our financial results, please review our SEC Filings

In millions of USD (except for per share items)

You are viewing data sourced from a third-party web site. Lincoln Electric Holdings, Inc. does not maintain or provide information directly to this site. Lincoln Electric does not make any representations or warranties with respect to the information contained herein and assumes no responsibility for supplementing, updating, correcting such information.

Price
Change

LECO:NASDAQ

Balance Sheet

Balance Sheet