XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 35,619 $ 29,288
Accounts receivable, net of allowance for doubtful accounts of $2,005 and $2,232, respectively 38,418 68,634
Inventories 25,119 22,621
Other current assets 16,740 11,802
Total Current Assets 115,896 132,345
Property and equipment, net 12,890 13,177
Goodwill 6,351 6,323
Intangible assets, net 609,545 631,369
Deferred income tax assets 10,564 10,317
Other assets 12,191 12,161
TOTAL ASSETS 767,437 805,692
Current Liabilities:    
Accounts payable 15,182 15,105
Current portion of long-term debt 4,776 4,675
Income taxes payable 6,607 5,648
Accrued expenses and other current liabilities 19,460 24,350
Total Current Liabilities 46,025 49,778
Long-term debt 397,898 398,064
Other noncurrent liabilities 6,565 7,246
Deferred income tax liabilities 11,677 16,574
Total liabilities 462,165 471,662
Commitments and contingencies (see Note 20)
Stockholders’ Equity:    
Common stock, par value $0.0001; 400,000,000 shares authorized, 52,875,089 and 51,839,527 shares issued and 52,213,708 and 51,178,146 outstanding at June 30, 2020 and December 31, 2019, respectively 5 5
Preferred stock, par value $0.0001; 1 share authorized and outstanding at June 30, 2020 and December 31, 2019, respectively 0 0
Treasury stock, par value $0.0001; 661,381 shares at June 30, 2020 and December 31, 2019, respectively (3,885) (3,885)
Additional paid-in capital 562,584 561,006
Accumulated deficit (219,823) (199,621)
Accumulated other comprehensive loss (40,831) (31,060)
Total AgroFresh Stockholders’ Equity 298,050 326,445
Non-controlling interest 7,222 7,585
Total Stockholders' Equity 305,272 334,030
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 767,437 $ 805,692