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CLARUS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands, except per share amounts) December 31, 2020 December 31, 2019 Assets Current assets 17,789 1,703 41,628 73,432 Cash Accounts receivable, net 50,475 Inventories 68,356 Prepaid and other current assets 5,385 3,787 Income tax receivable 7ןו 322 Total current assets 142,122 120,872 26,956 19,416 47,523 Property and equipment, net 22,919 15,816 41,630 18,090 7,904 3,034 Other intangible assets, net Indefinite lived intangible assets 26,715 3ןן,וך 6,846 Goodwill Deferred income taxes Other long-term assets Total assets 280,691 230,265 Liabilities and Stockholders' Equity Current liabilities Accounts payable and accrued liabilities 24 34,665 24 24,304 Income tax payable 956 260 Current portion of long-term debt 4,000 Total current liabilities 39,621 24,564 30,621 22,670 1,224 Long-term debt Deferred income taxes 1,227 4,628 76,097 Other long-term liabilities 615 Total liabilities 49,073 Stockholders' Equity Preferred stock, $.0001 par value per share; 5,000 shares authorized; none issued Common stock, $.0001 par value per share; 100,000 shares authorized; 35,198 and 33,615 issued and 31,228 and 29,760 outstanding, respectively 4 3 513,979 -286,100 -23,789 492,353 -288,592 Additional paid in capital Accumulated deficit Treasury stock, at cost -22,269 Accumulated other comprehensive income (loss) 500 -303 Total stockholders' equity 204,594 181,192 Total liabilities and stockholders' equity 24 280,691 24 230,265

CLARUS CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands, except per share amounts) December 31, 2020 December 31, 2019 Assets Current assets 17,789 1,703 41,628 73,432 Cash Accounts receivable, net 50,475 Inventories 68,356 Prepaid and other current assets 5,385 3,787 Income tax receivable 7ןו 322 Total current assets 142,122 120,872 26,956 19,416 47,523 Property and equipment, net 22,919 15,816 41,630 18,090 7,904 3,034 Other intangible assets, net Indefinite lived intangible assets 26,715 3ןן,וך 6,846 Goodwill Deferred income taxes Other long-term assets Total assets 280,691 230,265 Liabilities and Stockholders' Equity Current liabilities Accounts payable and accrued liabilities 24 34,665 24 24,304 Income tax payable 956 260 Current portion of long-term debt 4,000 Total current liabilities 39,621 24,564 30,621 22,670 1,224 Long-term debt Deferred income taxes 1,227 4,628 76,097 Other long-term liabilities 615 Total liabilities 49,073 Stockholders' Equity Preferred stock, $.0001 par value per share; 5,000 shares authorized; none issued Common stock, $.0001 par value per share; 100,000 shares authorized; 35,198 and 33,615 issued and 31,228 and 29,760 outstanding, respectively 4 3 513,979 -286,100 -23,789 492,353 -288,592 Additional paid in capital Accumulated deficit Treasury stock, at cost -22,269 Accumulated other comprehensive income (loss) 500 -303 Total stockholders' equity 204,594 181,192 Total liabilities and stockholders' equity 24 280,691 24 230,265

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1)what is the Ratio Analysis on this Balance Sheet for 2019-2020

E48 A B D E G 1 CLARUS CORPORATION 2 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands, except per share amounts) 6 December 31, 2020 December 31, 2019 7 Assets 8. Current assets $4 17,789 50,475 68,356 9 Cash $ 1,703 10 Accounts receivable, net 41,628 11 Inventories 73,432 12 Prepaid and other current assets 5,385 3,787 13 Income tax receivable 117 322 14 Total current assets 142,122 120,872 15 26,956 19,416 47,523 26,715 22,919 15,816 41,630 18,090 16 Property and equipment, net 17 Other intangible assets, net 18 Indefinite lived intangible assets 19 Goodwill 20 Deferred income taxes 3ווור 7,904 21 Other long-term assets 6,846 3,034 22 Total assets 24 280,691 2$ 230,265 23 24 Liabilities and Stockholders' Equity 25 Current liabilities 26 Accounts payable and accrued liabilities $ 34,665 2$ 24,304 27 Income tax payable 956 260 4,000 39,621 28 Current portion of long-term debt 29 Total current liabilities 24,564 30 31 Long-term debt 30,621 22,670 32 Deferred income taxes 1,227 1,224 33 Other long-term liabilities 4,628 615 34 Total liabilities 76,097 49,073 35 36 Stockholders' Equity 37 Preferred stock, $.0001 par value per share; 5,000 38 shares authorized; none issued 39 Common stock, $.0001 par value per share; 100,000 shares authorized; 40 35,198 and 33,615 issued and 31,228 and 29,760 outstanding, respectively 4 41 Additional paid in capital 513,979 492,353 42 Accumulated deficit -286,100 -288,592 -23,789 -22,269 43 Treasury stock, at cost 44 Accumulated other comprehensive income (loss) 500 -303 204,594 181,192 230,265 45 Total stockholders' equity 46 Total liabilities and stockholders' equity 280,691 2$
Transcribed Image Text:E48 A B D E G 1 CLARUS CORPORATION 2 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands, except per share amounts) 6 December 31, 2020 December 31, 2019 7 Assets 8. Current assets $4 17,789 50,475 68,356 9 Cash $ 1,703 10 Accounts receivable, net 41,628 11 Inventories 73,432 12 Prepaid and other current assets 5,385 3,787 13 Income tax receivable 117 322 14 Total current assets 142,122 120,872 15 26,956 19,416 47,523 26,715 22,919 15,816 41,630 18,090 16 Property and equipment, net 17 Other intangible assets, net 18 Indefinite lived intangible assets 19 Goodwill 20 Deferred income taxes 3ווור 7,904 21 Other long-term assets 6,846 3,034 22 Total assets 24 280,691 2$ 230,265 23 24 Liabilities and Stockholders' Equity 25 Current liabilities 26 Accounts payable and accrued liabilities $ 34,665 2$ 24,304 27 Income tax payable 956 260 4,000 39,621 28 Current portion of long-term debt 29 Total current liabilities 24,564 30 31 Long-term debt 30,621 22,670 32 Deferred income taxes 1,227 1,224 33 Other long-term liabilities 4,628 615 34 Total liabilities 76,097 49,073 35 36 Stockholders' Equity 37 Preferred stock, $.0001 par value per share; 5,000 38 shares authorized; none issued 39 Common stock, $.0001 par value per share; 100,000 shares authorized; 40 35,198 and 33,615 issued and 31,228 and 29,760 outstanding, respectively 4 41 Additional paid in capital 513,979 492,353 42 Accumulated deficit -286,100 -288,592 -23,789 -22,269 43 Treasury stock, at cost 44 Accumulated other comprehensive income (loss) 500 -303 204,594 181,192 230,265 45 Total stockholders' equity 46 Total liabilities and stockholders' equity 280,691 2$
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