Financial Statement

Ebix, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In thousands, except share amounts)

 

 March 31,
2016		 December 31,
2015
ASSETS (Unaudited)  
Current assets:    
Cash and cash equivalents $69,020 $57,179
Short-term investments 2,308 1,538
Trade accounts receivable, less allowances of $1,046 and $3,388, respectively 56,503 47,171
Other current assets 11,423 10,942
Total current assets 139,254 116,830
     
Property and equipment, net 34,154 34,088
Goodwill 403,210 402,259
Intangibles, net 50,141 51,848
Indefinite-lived intangibles 30,887 30,887
Capitalized software development costs, net 3,226 3,489
Deferred tax asset, net 23,892 23,732
Other assets 12,636 12,856
Total assets $697,400 $675,989
     
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current liabilities:    
Accounts payable and accrued liabilities $14,687 $23,043
Accrued payroll and related benefits 5,747 4,932
Current portion of long term debt and capital lease obligations, net of discount of $0 and $3, respectively 608 606
Current deferred rent 246 232
Contingent liability for accrued earn-out acquisition consideration 2,143 1,706
Deferred revenue 20,557 20,519
Other current liabilities 248 228
Total current liabilities 44,236 51,266
     
Revolving line of credit 226,465 206,465
Long term debt and capital lease obligations, less current portion 33 35
Other liabilities 3,324 3,332
Contingent liability for accrued earn-out acquisition consideration 1,599 2,571
Deferred revenue 3,275 1,968
Long term deferred rent 1,269 1,381
Total liabilities 280,201 267,018
     
Stockholders’ equity:    
Preferred stock, $0.10 par value, 500,000 shares authorized, no shares issued and outstanding at March 31, 2016 and December 31, 2015 - -
Common stock, $0.10 par value, 60,000,000 shares authorized, 32,977,713 issued and outstanding, at March 31, 2016 and 33,416,110 issued and outstanding at December 31, 2015 3,298 3,342
Additional paid-in capital 43,806 57,120
Treasury stock (no shares as of March 31, 2016 and December 31, 2015) - -
Retained earnings 398,524 378,787
Accumulated other comprehensive loss (28,621) (30,278)
Total Ebix, Inc. stockholders’ equity 417,007 408,971
Non-controlling interest 192 -
Total stockholder's equity $417,199 $408,971
Total liabilities and stockholders’ equity $697,400 $675,989
Investor Home

Investor Contacts

EBIX Inc
5 Concourse Parkway, Suite 3200, Atlanta, Georgia 30328
Ph: 678-281-2043 Fax: 678-281-2019
www.ebix.com
IR@ebix.com

Follow us

   

Ebix Inc.
1 Ebix Way, Johns Creek,
GA 30097

Tel: +1 (678) 281-2020
Fax: +1 (678) 281-2019

  • Join Us

Copyright © 2022 Ebix Inc. Terms Of Use | Privacy Statement