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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 13,732 $ 17,703
Accounts receivable, net of allowance for credit losses of $2,356 and $3,225 at 2022 and 2021, respectively 100,195 96,830
Inventories 54,795 45,443
Prepaid expenses 11,514 14,059
Income taxes receivable 9,298 9,911
Other current assets 5,681 5,109
TOTAL CURRENT ASSETS 195,215 189,055
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of $313,100 and $306,461 at 2022 and 2021, respectively 107,252 110,952
RIGHT OF USE ASSETS 56,589 61,387
INTANGIBLES, net of accumulated amortization of $17,422 and $17,540 at 2022 and 2021, respectively 7,651 8,139
GOODWILL 99,445 99,445
DEFERRED TAX ASSETS, net 70,652 70,462
OTHER ASSETS 33,386 41,413
TOTAL ASSETS 570,190 580,853
CURRENT LIABILITIES:    
Accounts payable 34,343 29,726
Accrued payroll and related costs 21,225 20,833
Taxes other than payroll and income 4,626 5,931
Unearned revenues 5,760 7,765
Operating lease liabilities 11,472 12,342
Income taxes payable 3,093 6,502
Other current liabilities 6,840 7,683
TOTAL CURRENT LIABILITIES 87,359 90,782
LONG-TERM DEBT, net 182,677 188,636
LONG-TERM OPERATING LEASE LIABILITIES 41,975 49,286
DEFERRED COMPENSATION 31,323 39,101
DEFERRED TAX LIABILITIES, net 22,719 24,336
OTHER LONG-TERM LIABILITIES 20,844 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 46,344,670 outstanding at 2022 and 46,454,264 issued and 46,349,397 outstanding at 2021 1,188 1,188
Additional paid-in capital 106,329 101,120
Retained earnings 79,662 68,349
Accumulated other comprehensive income (loss) (4,500) (10,133)
Treasury shares (at cost), 109,594 at 2022 and 104,867 at 2021 (4,143) (4,075)
Total Core Laboratories N.V. shareholders' equity 178,536 156,449
Non-controlling interest 4,757 4,552
TOTAL EQUITY 183,293 161,001
TOTAL LIABILITIES AND EQUITY $ 570,190 $ 580,853