Consensus Cloud Solutions Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout 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.
Sep 30, 2024 · Filed Nov 8, 2024
CCSI$43.05+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited, in thousands except share and per share data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $54,598 | $88,715 |
| Accounts receivable, net of allowances of $5,441 and $6,271, respectively | 25,807 | 26,342 |
| Prepaid expenses and other current assets | 9,430 | 10,191 |
| Total current assets | 89,835 | 125,248 |
| Property and equipment, net | 96,342 | 81,196 |
| Operating lease right-of-use assets | 6,924 | 6,766 |
| Intangibles, net | 42,201 | 44,990 |
| Goodwill | 349,454 | 348,822 |
| Deferred income taxes | 33,319 | 34,869 |
| Other assets | 4,419 | 5,364 |
| TOTAL ASSETS | $622,494 | $647,255 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Accounts payable and accrued expenses | $47,422 | $36,506 |
| Income taxes payable, current | 4,787 | 2,224 |
| Deferred revenue, current | 21,386 | 22,041 |
| Operating lease liabilities, current | 2,330 | 2,038 |
| Current portion of long-term debt | 9,366 | 8,575 |
| Total current liabilities | 85,291 | 71,384 |
| Long-term debt, net of current portion | 603,124 | 725,405 |
| Deferred revenue, noncurrent | 2,005 | 2,270 |
| Operating lease liabilities, noncurrent | 12,586 | 13,212 |
| Liability for uncertain tax positions | 11,887 | 9,740 |
| Deferred income taxes | 545 | 1,098 |
| Other long-term liabilities | 245 | 268 |
| TOTAL LIABILITIES | 715,683 | 823,377 |
| Commitments and contingencies (Note 8) | ||
| Common stock, $0.01 par value. Authorized 120,000,000; total issued is 20,375,622 and 20,273,686 shares and total outstanding is 19,303,998 and 19,245,024 shares as of September 30, 2024 and December 31, 2023, respectively | 204 | 203 |
| Treasury stock, at cost (1,071,624 and 1,028,662 shares as of September 30, 2024 and December 31, 2023, respectively) | (31,990) | (31,282) |
| Additional paid-in capital | 55,083 | 41,247 |
| Accumulated deficit | (101,749) | (173,113) |
| Accumulated other comprehensive loss | (14,737) | (13,177) |
| TOTAL STOCKHOLDERS’ DEFICIT | (93,189) | (176,122) |
| TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $622,494 | $647,255 |
-3-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.