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Core Laboratories Inc DE

For the period ended Mar 31, 2024. Filed Apr 25, 2024.

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About this filing

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.

Mar 31, 2024 · Filed Apr 25, 2024

CLB$9.03+2.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Consolidated Balance Sheets at March 31, 2024 (Unaudited) and December 31, 2023

CONSOLIDATED BALANCE SHEETS

March 31, 2024December 31,2023
(Unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents$14,913$15,120
Accounts receivable, net of allowance for credit losses of $2,548 and $2,280 at 2024 and 2023, respectively115,092109,352
Inventories70,71171,702
Prepaid expenses9,5628,153
Income taxes receivable14,44313,716
Other current assets4,3265,093
TOTAL CURRENT ASSETS229,047223,136
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $318,151 and $315,796 at 2024 and 2023, respectively98,52199,626
RIGHT OF USE ASSETS53,63653,842
INTANGIBLES, net of accumulated amortization and impairment of $18,951 and $18,825 at 2024 and 2023, respectively6,8016,926
GOODWILL99,44599,445
DEFERRED TAX ASSETS, net66,26769,201
OTHER ASSETS34,23334,219
TOTAL ASSETS$587,950$586,395
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Accounts payable$32,486$33,506
Accrued payroll and related costs20,17818,791
Taxes other than payroll and income4,1485,939
Unearned revenues5,1264,755
Operating lease liabilities10,43010,175
Income taxes payable3,8167,280
Other current liabilities9,2847,651
TOTAL CURRENT LIABILITIES85,46888,097
LONG-TERM DEBT, net160,370163,134
LONG-TERM OPERATING LEASE LIABILITIES41,48142,076
DEFERRED COMPENSATION30,44530,544
DEFERRED TAX LIABILITIES, net12,59012,697
OTHER LONG-TERM LIABILITIES20,17920,040
COMMITMENTS AND CONTINGENCIES
EQUITY:
Preference stock, 6,000,000 shares authorized, $0.01 par value; none issued or outstanding——
Common stock, 200,000,000 shares authorized, $0.01 par value, 46,938,557 issued and 46,864,366 outstanding at 2024; 46,938,557 issued and 46,856,536 outstanding at 2023469469
Additional paid-in capital114,642110,011
Retained earnings123,508120,756
Accumulated other comprehensive income (loss)(5,160)(4,972)
Treasury stock (at cost), 74,191 and 82,021 shares at 2024 and 2023, respectively(1,304)(1,449)
Total Core Laboratories Inc. shareholders' equity232,155224,815
Non-controlling interest5,2624,992
TOTAL EQUITY237,417229,807
TOTAL LIABILITIES AND EQUITY$587,950$586,395
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.