School Specialty, LLC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec '19 Dec 28, 2019	Dec '18 Dec 29, 2018	Dec '17 Dec 30, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 26, 2015
Cash & Equivalents	2.08	1.03	31.86	35.1	12.87
Cash & Short-Term Investments	2.08	1.03	31.86	35.1	12.87
Cash Growth	101.65%	-96.77%	-9.22%	172.81%	44.23%
Accounts Receivable	61.72	77.89	71.05	61.71	58.37
Other Receivables	0.43	1.02	0.55	0.73	0.01
Receivables	62.15	78.91	71.59	62.44	58.38
Inventory	71.42	90.06	77.16	73.65	76.2
Prepaid Expenses	17.96	15.76	12.07	11.98	13.11
Other Current Assets	-	-	3.75	5.24	6.53
Total Current Assets	153.61	185.76	196.44	188.4	167.08
Property, Plant & Equipment	42.2	31.9	33.58	28.68	27.13
Long-Term Investments	-	-	-	-	0.72
Goodwill	-	4.58	26.84	21.59	21.59
Other Intangible Assets	24.73	33.31	37.16	35.05	38.65
Long-Term Deferred Tax Assets	0.47	0.32	2.05	0.19	0.01
Long-Term Deferred Charges	12.63	13.67	14.9	12.19	17.1
Other Long-Term Assets	1.11	1.13	1.44	1.52	2.22
Total Assets	234.74	270.68	312.41	287.61	274.49
Accounts Payable	24.01	41.28	26.59	22.08	20.08
Accrued Expenses	23.14	20.23	32.33	26.36	24.64
Current Portion of Long-Term Debt	145.19	30.35	10.99	5.49	2.09
Current Portion of Leases	4.89	-	-	-	-
Current Unearned Revenue	7.01	5.64	3.45	2.92	2.71
Other Current Liabilities	1.22	1.13	0.81	0.56	0.38
Total Current Liabilities	205.46	98.63	74.17	57.41	49.88
Long-Term Debt	-	103.58	130.57	131.99	142.44
Long-Term Leases	10.01	-	-	-	-
Other Long-Term Liabilities	0.49	1.1	0.17	0.08	0.56
Total Liabilities	215.96	203.31	204.92	189.49	192.88
Common Stock	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	125.79	125.07	123.08	120.85	119.24
Retained Earnings	-105.19	-55.64	-14.17	-20.95	-35.72
Treasury Stock	-0.03	-	-	-	-
Comprehensive Income & Other	-1.8	-2.08	-1.43	-1.78	-1.92
Shareholders' Equity	18.78	67.36	107.49	98.12	81.61
Total Liabilities & Equity	234.74	270.68	312.41	287.61	274.49
Total Debt	160.09	133.94	141.56	137.49	144.52
Net Cash (Debt)	-158.01	-132.91	-109.7	-102.39	-131.66
Net Cash Per Share	-22.52	-18.99	-15.62	-14.63	-18.81
Filing Date Shares Outstanding	7.02	7	7	7	7
Total Common Shares Outstanding	7.02	7	7	7	7
Working Capital	-51.85	87.13	122.27	130.99	117.2
Book Value Per Share	2.68	9.62	15.36	14.02	11.66
Tangible Book Value	-5.95	29.48	43.49	41.48	21.37
Tangible Book Value Per Share	-0.85	4.21	6.21	5.93	3.05
Buildings	2.87	2.88	3.05	3.35	3.31
Machinery	92.36	83.19	73.86	61.52	51.62
Construction In Progress	1.55	3.77	5.19	4.71	3.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.