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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 16,148 $ 17,703
Accounts receivable, net of allowance for credit losses of $2,315 and $3,225 at 2022 and 2021, respectively 99,180 96,830
Inventories 52,551 45,443
Prepaid expenses 14,252 14,059
Income taxes receivable 12,319 9,911
Other current assets 5,171 5,109
TOTAL CURRENT ASSETS 199,621 189,055
PROPERTY, PLANT AND EQUIPMENT, net of accumulate depreciation of $309,804 and $306,461 at 2022 and 2021, respectively 109,176 110,952
RIGHT OF USE ASSETS 57,964 61,387
INTANGIBLES, net of accumulated amortization of $17,251 and $17,540 at 2022 and 2021, respectively 7,837 8,139
GOODWILL 99,445 99,445
DEFERRED TAX ASSETS, net 68,918 70,462
OTHER ASSETS 34,579 41,413
TOTAL ASSETS 577,540 580,853
CURRENT LIABILITIES:    
Accounts payable 36,106 29,726
Accrued payroll and related costs 22,830 20,833
Taxes other than payroll and income 6,453 5,931
Unearned revenues 6,527 7,765
Operating lease liabilities 13,008 12,342
Income taxes payable 3,436 6,502
Other current liabilities 7,549 7,683
TOTAL CURRENT LIABILITIES 95,909 90,782
LONG-TERM DEBT, net 186,979 188,636
LONG-TERM OPERATING LEASE LIABILITIES 44,231 49,286
DEFERRED COMPENSATION 31,646 39,101
DEFERRED TAX LIABILITIES, net 23,322 24,336
OTHER LONG-TERM LIABILITIES 21,686 27,711
COMMITMENTS AND CONTINGENCIES
EQUITY:    
Preference shares, EUR 0.02 par value; 6,000,000 shares authorized, none issued or outstanding 0 0
Common shares, EUR 0.02 par value; 200,000,000 shares authorized, 46,454,264 issued and 46,324,807 outstanding at 2022 and 46,454,264 issued and 46,349,397 outstanding at 2021 1,188 1,188
Additional paid-in capital 104,779 101,120
Retained earnings 72,601 68,349
Accumulated other comprehensive income (loss) (4,749) (10,133)
Treasury shares (at cost), 129,457 at 2022 and 104,867 at 2021 (4,682) (4,075)
Total Core Laboratories N.V. shareholders' equity 169,137 156,449
Non-controlling interest 4,630 4,552
TOTAL EQUITY 173,767 161,001
TOTAL LIABILITIES AND EQUITY $ 577,540 $ 580,853