HARTE HANKS INC
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
HHS$4.00+1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| In thousands, except shares and per share amounts | June 30,2024 | December 31,2023 |
|---|---|---|
| ASSETS · (unaudited) | ||
| Current assets | ||
| Cash and cash equivalents | $10,974 | $18,364 |
| Accounts receivable (less allowance for doubtful accounts of $14 and $474 at June 30, 2024 and December 31, 2023, respectively) | 30,564 | 34,313 |
| Contract assets and unbilled accounts receivable | 8,119 | 7,935 |
| Prepaid expenses | 2,330 | 1,915 |
| Prepaid income taxes and income tax receivable | 1,758 | 1,758 |
| Other current assets | 1,292 | 928 |
| Total current assets | 55,037 | 65,213 |
| Property, plant and equipment (less accumulated depreciation of $37,701 and $36,533, respectively) | 8,430 | 8,855 |
| Right-of-use assets | 23,896 | 25,417 |
| Other assets | ||
| Intangible assets, net | 2,460 | 2,820 |
| Goodwill | 1,926 | 1,926 |
| Deferred tax assets, net | 17,131 | 17,268 |
| Other long-term assets | 853 | 1,258 |
| Total other assets | 22,370 | 23,272 |
| Total assets | $109,733 | $122,757 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable and accrued expenses | $20,248 | $23,176 |
| Accrued payroll and related expenses | 4,410 | 5,615 |
| Deferred revenue and customer advances | 3,484 | 3,195 |
| Customer postage and program deposits | 1,318 | 1,815 |
| Other current liabilities | 2,808 | 9,495 |
| Current portion of lease liabilities | 4,134 | 4,815 |
| Total current liabilities | 36,402 | 48,111 |
| Pension liabilities - Qualified plans | 9,766 | 10,540 |
| Pension liabilities - Nonqualified plan | 18,190 | 18,630 |
| Long-term lease liabilities, net of current portion | 22,291 | 23,691 |
| Other long-term liabilities | 2,476 | 1,928 |
| Total liabilities | 89,125 | 102,900 |
| Stockholders’ equity | ||
| Common stock, $1 par value, 25,000,000 shares authorized; 12,221,484 shares issued, 7,279,945 and 7,224,718 shares outstanding at June 30, 2024 and December 31, 2023, respectively | 12,221 | 12,221 |
| Additional paid-in capital | 145,703 | 157,889 |
| Retained earnings | 816,915 | 844,920 |
| Less treasury stock, 4,941,541 shares at cost at June 30, 2024 and 4,996,766 shares at cost at December 31, 2023 | (937,728) | (951,083) |
| Accumulated other comprehensive loss | (16,503) | (44,090) |
| Total stockholders’ equity | 20,608 | 19,857 |
| Total liabilities and stockholders’ equity | $109,733 | $122,757 |
| See Accompanying Notes to Condensed Consolidated Financial Statements | ||
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