CAMBIUM LEARNING GROUP, INC. company info

CIK 1466815
IRS Number 270587428
State of incorporation None
Business address 17855 NORTH DALLAS PARKWAY, SUITE 400
None
DALLAS
TX
75287
Mail address 17855 NORTH DALLAS PARKWAY, SUITE 400
None
DALLAS
TX
75287

Short summary

CAMBIUM LEARNING GROUP, INC. is a Texas company, with head office located at 17855 North Dallas Parkway, Suite 400 Dallas, Texas 75287. The company achieved a record breaking net income last year - 45.05 million USD. This is 331.98% higher than one reported in 2016. In 2017 the company owned a total of 150.26 million USD worth of assets, including 30.46 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 158.18 million USD. The company allocated 13.65 million USD of its income to research and development.

CAMBIUM LEARNING GROUP, INC. Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Revenue, Net 101.05181.26172.26148.56150.52141.75144.92152.36158.18
Cost of Goods and Services Sold 53.1750.9646.6937.8731.3330.1227.57
Research and development 5.6110.569.9310.919.8111.0910.9212.8713.65
Operating Expenses 81.5475.1173.3576.1782.0884.57
Operating Income (Loss) -23.290.09-31.85-115.953.978.0516.1918.6120.96
Interest expense 19.4917.3119.1719.1219.0117.6613.997.214.87
Other Nonoperating Income (Expense) -0.700.670.851.130.761.180.680
Income Tax Expense (Benefit) -7.70-0.580.010.270.170.600.190.29-29.30
Net income -35.77-15.95-49.44-133.78-14.25-9.96-1.3310.4345.06

CAMBIUM LEARNING GROUP, INC. Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 2.426.9512.5831.6046.2729.6716.864.874.654.68
Accounts Receivable, Net, Current 35.8425.3020.9016.9317.5612.8212.3813.28
Inventories 24.9320.7612.037.475.233.862.841.81
Deferred income taxes 3.702.800.260.540.550.55
Restricted cash and investments 5.503.802.701.80
Property, Plant and Equipment, Gross 36.8832.0939.5447.3156.2260.4065.0062.97
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 10.0511.1818.5126.9434.3136.0142.1142.01
Goodwill 151.9299.6047.4047.8447.8447.8447.8443.52
Other Assets, Noncurrent 22.2621.849.349.757.554.673.443.37
Total assets 387.52313.99203.60175.20156.60133.77126.51150.27
Current assets 85.0392.3685.8662.0849.6831.3829.5430.46
Accounts payable 4.944.482.352.192.313.892.452.08
Total current liabilities 58.7561.6959.5858.7765.8986.5193.2093.78
Long-term Debt, Excluding Current Maturities 174.08174.25174.41164.60139.7994.6664.2138.48
Long-term Debt 137.37100.2671.3045.13
Deferred Revenue, Noncurrent 3.574.706.968.3911.3911.3411.5815.23
Deferred income taxes 0.56
Total liabilities 266.55276.50279.40246.62
Common Stock, Value, Issued 0.040.050.050.050.050.050.050.05
Retained Earnings (Accumulated Deficit) -141.17-227.40-327.09-340.57-343.14-340.31-325.22-282.20
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.70-1.61-2.52-2.03-3.80-2.69-1.88-2.02

CAMBIUM LEARNING GROUP, INC. Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income -35.77-15.95-49.44-133.78-14.25-9.96-1.3310.4345.06
Depreciation and amortization 9.729.157.226.184.904.213.873.412.80
Amortization of Intangible Assets 4.532.872.031.321.050.850.770.05
Depreciation and amortization 27.2537.6735.0230.9022.4122.4821.2421.5520.77
Deferred Income Tax Expense (Benefit) -7.98-1.06-0.53-0.16-0.10-0.02-0.010-30.61
Accounts receivable -2.3112.50-18.144.33-2.31-1.460.34-1.26-0.45
Inventories -4.732.20-0.45-4.94-7.40-3.63-0.64-1.83-0.48
Accounts payable -1.814.16-3.44-0.02-1.710.310.380.180.22
Deferred revenue 0.5013.385.298.329.309.8814.399.136.20
Net Cash Provided by (Used in) Operating Activities 1.9321.2643.6410.3345.79
Payments to Acquire Productive Assets 3.4013.3414.0518.1516.1217.8819.9420.0518.16
Payments to Acquire Businesses, Net of Cash Acquired 9.701.116.417.673.600.4001.04
Net Cash Provided by (Used in) Investing Activities -13.09-14.44-20.47-17.88-23.79
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -23.79-20.67-20.34-20.05-19.20
Proceeds from Issuance of Long-term Debt 174.02103.110
Proceeds from Issuance of Common Stock 20
Payments for Repurchase of Common Stock 4.932.604.620.63
Net Cash Provided by (Used in) Financing Activities 22.09-8.3328.19-3.74-5.91
Cash and Cash Equivalents, Period Increase (Decrease) 10.93-1.5151.36-11.2916.09-33.61-25.74-3.723.56