Huron Consulting Group Inc
For the period ended Sep 30, 2024. Filed Oct 29, 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.
Sep 30, 2024 · Filed Oct 29, 2024
HURN$161.57-3.1%Stored close · as of Nov 9, 2026
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Consolidated Balance Sheets
(In thousands, except share and per share amounts)
| September 30,2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $18,497 | $12,149 |
| Receivables from clients, net of allowances of $15,707 and $17,284, respectively | 204,894 | 162,566 |
| Unbilled services, net of allowances of $3,064 and $5,984, respectively | 177,437 | 190,869 |
| Income tax receivable | 9,192 | 6,385 |
| Prepaid expenses and other current assets | 27,789 | 28,491 |
| Total current assets | 437,809 | 400,460 |
| Property and equipment, net | 21,682 | 23,728 |
| Deferred income taxes, net | 2,408 | 2,288 |
| Long-term investments | 64,319 | 75,414 |
| Operating lease right-of-use assets | 21,026 | 24,131 |
| Other non-current assets | 111,448 | 92,336 |
| Intangible assets, net | 22,547 | 18,074 |
| Goodwill | 647,541 | 625,711 |
| Total assets | $1,328,780 | $1,262,142 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $8,151 | $10,074 |
| Accrued expenses and other current liabilities | 26,490 | 33,087 |
| Accrued payroll and related benefits | 183,182 | 225,921 |
| Current maturities of long-term debt | 13,750 | — |
| Current maturities of operating lease liabilities | 11,990 | 11,032 |
| Deferred revenues | 27,703 | 22,461 |
| Total current liabilities | 271,266 | 302,575 |
| Non-current liabilities: | ||
| Deferred compensation and other liabilities | 44,322 | 35,665 |
| Long-term debt, net of current portion | 428,204 | 324,000 |
| Operating lease liabilities, net of current portion | 33,442 | 38,850 |
| Deferred income taxes, net | 28,774 | 28,160 |
| Total non-current liabilities | 534,742 | 426,675 |
| Commitments and contingencies | ||
| Stockholders’ equity | ||
| Common stock; $0.01 par value; 500,000,000 shares authorized; 20,793,202 and 21,316,441 shares issued, respectively | 207 | 212 |
| Treasury stock, at cost, 3,062,689 and 2,852,296 shares, respectively | (159,717) | (142,136) |
| Additional paid-in capital | 174,872 | 236,962 |
| Retained earnings | 497,664 | 415,027 |
| Accumulated other comprehensive income | 9,746 | 22,827 |
| Total stockholders’ equity | 522,772 | 532,892 |
| Total liabilities and stockholders’ equity | $1,328,780 | $1,262,142 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.