Landstar System, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $242.4M | $178.9M | $114.5M | $163.9M | $180.3M | $74.3M | $80.9M | $44.7M |
| Accounts Receivable | $631.2M | $463.1M | $462.7M | $492.6M | $378.7M | $408.8M | $368.4M | $307.4M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $961.2M | $737.4M | $656.1M | $732.3M | $682.5M | $591.9M | $551.8M | $420.9M |
| Property, Plant & Equipment | $276.0M | $272.8M | $225.9M | $202.2M | $177.3M | $159.0M | $142.1M | $132.6M |
| Goodwill | $39.1M | $31.1M | $31.1M | $31.1M | $31.1M | $57.5M | $57.5M | $57.5M |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.35B | $1.10B | $991.5M | $1.04B | $970.7M | $879.4M | $808.4M | $683.9M |
| Liabilities | ||||||||
| Accounts Payable | $285.1M | $219.4M | $223.7M | $220.1M | $157.8M | $189.0M | $163.3M | $137.3M |
| Total Current Liabilities | $548.6M | $380.3M | $369.5M | $410.5M | $375.7M | $344.3M | $331.1M | $278.3M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $101.5M | $114.1M | $132.3M | $121.6M |
| Total Liabilities | $701.8M | $554.0M | $525.3M | $549.4M | $516.2M | $500.0M | $507.9M | $432.9M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.61B | $1.51B | $1.39B | $1.26B | $1.17B | $1.04B | $947.2M | $844.1M |
| Total Stockholders' Equity | $650.7M | $542.6M | $466.2M | $488.3M | $454.5M | $379.5M | $300.6M | $251.0M |