CoreLogic Reports First Quarter 2018 Financial Results

Please refer to the full Form 10-Q filing for the complete financial statements and related notes that are an integral part of the financial statements.


CORELOGIC, INC. CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED

(in thousands, except par value)	March 31,			December 31,
Assets	2018			2017
Current assets:
Cash and cash equivalents	$	123,698		$	118,804
Accounts receivable (less allowance for doubtful accounts of $6,946 and $8,229 as of March 31, 2018 and December 31, 2017, respectively)	244,046			256,595
Prepaid expenses and other current assets	45,202			47,220
Income tax receivable	8,053			7,649
Total current assets	420,999			430,268
Property and equipment, net	443,869			447,659
Goodwill, net	2,262,081			2,250,599
Other intangible assets, net	461,781			475,613
Capitalized data and database costs, net	329,146			329,403
Investment in affiliates, net	38,525			38,989
Deferred income tax assets	57			366
Other assets	110,721			104,516
Total assets	$	4,067,179		$	4,077,413
Liabilities and Equity
Current liabilities:
Accounts payable and other accrued expenses	$	171,030		$	145,655
Accrued salaries and benefits	76,146			93,717
Contract liabilities, current	310,590			303,948
Current portion of long-term debt	49,699			70,046
Total current liabilities	607,465			613,366
Long-term debt, net of current	1,660,241			1,683,524
Contract liabilities, net of current	527,791			504,900
Deferred income tax liabilities	103,695			102,571
Other liabilities	159,978			165,176
Total liabilities	3,059,170			3,069,537

Stockholders' equity:
Preferred stock, $0.00001 par value; 500 shares authorized, no shares issued or outstanding	—			—
Common stock, $0.00001 par value; 180,000 shares authorized; 81,636 and 80,885 shares issued and outstanding as of March 31, 2018 and December 31, 2017, respectively	1			1
Additional paid-in capital	219,594			224,455
Retained earnings	881,798			877,111
Accumulated other comprehensive loss	(93,384		)	(93,691		)
Total stockholders' equity	1,008,009			1,007,876
Total liabilities and equity	$	4,067,179		$	4,077,413

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 Next Page »