Page 11 - RosboroAR2017

CONSOLIDATED
BALANCE SHEETS
(IN THOUSANDS)
LIABILITIES AND STOCKHOLDERS’ EQUITY
DEC. 31, 2017
$9,506
6,360
1,500
2,924
55,631
1,291
813
50,490
3,383
DEC. 31, 2016
$3,399
6,620
1,687
17,366
11,706
1,186
67,284
510
50,490
-
$131,898
(2,604)
54,686
48,396
$128,572
ASSETS
DEC. 31, 2017
10,918
19,364
10,330
3,841
9,998
$-
783
990
-
DEC. 31, 2016
$3,442
9,262
16,057
9,109
566
41,395
38,436
1,324
75,674
74,683
11,120
1,675
$131,898
1,334
10,988
14,129
$128,572
CURRENT ASSETS
Cash and cash equivalents Receivables
Inventories
Timber assets - current portion Prepaid expenses
Total current assets
TIMBER ASSETS, less current portion PROPERTY, PLANT AND EQUIPMENT
OTHER ASSETS Goodwill, net Deferred income taxes Other
CURRENT LIABILITIES
Accounts payable and accrued expenses Current portion of timber contracts payable Current portion of long-term debt
Total current liabilities
TIMBER CONTRACTS PAYABLE AS TIMBER IS HARVESTED
LONG-TERM DEBT, net of current portion DEFERRED INCOME TAXES
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY Common stock
Preferred stock (liquidation preference $56,113 and $50,836 at December 31, 2017 and 2016, respectively)
Retained earnings (accumulated de cit)
See accompanying notes.
10