HSII · As filed with the SEC
Heidrick & Struggles International balance sheet, by fiscal year
The statement as Heidrick & Struggles International presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Balance Sheets · USD thousands, except per-share amounts; shares in thousands
| USD thousands, except per-share amounts; shares in thousands | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash and cash equivalents | 515,627 | 412,618 | 355,447 | 545,225 |
| Marketable securities | 47,896 | 65,538 | 266,169 | 0 |
| Accounts Receivable, Allowance for Credit Loss, Current | — | — | — | 5.67 |
| Accounts receivable, net of allowances of $7,296 and $6,954, respectively | 134,331 | 133,128 | 126,437 | 133,750 |
| Prepaid expenses | 28,718 | 23,597 | 24,098 | 21,754 |
| Other current assets | 39,935 | 47,923 | 40,722 | 41,449 |
| Income taxes recoverable | 6,470 | 10,410 | 10,946 | 3,210 |
| Total current assets | 772,977 | 693,214 | 823,819 | 745,388 |
| Non-current assets | ||||
| Property and equipment, net | 51,685 | 35,752 | 30,207 | 27,085 |
| Operating lease right-of-use assets | 83,518 | 86,063 | 71,457 | 72,320 |
| Assets designated for retirement and pension plans | 9,976 | 11,105 | 11,332 | 12,715 |
| Investments | 58,290 | 47,287 | 34,354 | 36,051 |
| Other non-current assets | 25,500 | 17,071 | 25,788 | 23,377 |
| Goodwill | 137,861 | 202,252 | 138,361 | 138,524 |
| Other intangible assets, net | 12,483 | 20,842 | 6,333 | 9,169 |
| Deferred income taxes, net | 41,898 | 28,005 | 33,987 | 42,169 |
| Total non-current assets | 421,211 | 448,377 | 351,819 | 361,410 |
| Total assets | 1,194,188 | 1,141,591 | 1,175,638 | 1,106,798 |
| Current liabilities | ||||
| Accounts payable | 25,088 | 20,837 | 14,613 | 20,374 |
| Accrued salaries and benefits | 353,531 | 322,744 | 451,161 | 409,026 |
| Deferred revenue | 51,085 | 45,732 | 43,057 | 51,404 |
| Operating lease liabilities | 17,653 | 21,498 | 19,554 | 19,332 |
| Other current liabilities | 21,369 | 21,823 | 56,016 | 24,554 |
| Income taxes payable | 14,287 | 6,057 | 4,076 | 10,004 |
| Total current liabilities | 483,013 | 438,691 | 588,477 | 534,694 |
| Non-current liabilities | ||||
| Accrued salaries and benefits | 58,547 | 52,108 | 59,467 | 73,779 |
| Retirement and pension plans | 72,138 | 62,100 | 48,456 | 55,593 |
| Operating lease liabilities | 83,152 | 78,204 | 63,299 | 65,625 |
| Other non-current liabilities | — | — | 5,293 | 41,087 |
| Deferred income tax liability - non-current | 1,616 | 6,402 | — | — |
| Other non-current liabilities | 42,905 | 41,808 | — | — |
| Total non-current liabilities | 258,358 | 240,622 | 176,515 | 236,084 |
| Total liabilities | 741,371 | 679,313 | 764,992 | 770,778 |
| Stockholders’ equity | ||||
| Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued at December 31, 2024 and 2023 | 0 | 0 | 0 | 0 |
| Common stock, $0.01 par value, 100,000,000 shares authorized, 20,414,915 and 20,127,872 shares issued, 20,409,835 and 20,122,792 shares outstanding at December 31, 2024 and 2023, respectively | 204 | 201 | 199 | 196 |
| Treasury stock at cost, 5,080 shares at December 31, 2022 and 2021, respectively | — | — | (191) | (191) |
| Treasury stock at cost, 5,080 shares at December 31, 2024 and 2023, respectively | (110) | (110) | — | — |
| Additional paid in capital | 260,893 | 251,988 | 246,630 | 233,163 |
| Retained earnings | 205,875 | 210,070 | 168,197 | 101,177 |
| Accumulated other comprehensive income (loss) | (14,045) | 129 | (4,189) | 1,675 |
| Total stockholders’ equity | — | — | 410,646 | 336,020 |
| Total stockholders’ equity | 452,817 | 462,278 | — | — |
| Total liabilities and stockholders’ equity | 1,194,188 | 1,141,591 | 1,175,638 | 1,106,798 |
| Preferred stock, par value (in dollars per share) | — | — | — | 0.01 |
| Preferred stock, shares authorized | — | — | — | 10,000 |
| Common stock, par value (in dollars per share) | — | — | — | 0.01 |
| Common stock, shares authorized | — | — | — | 100,000 |
| Common stock, shares issued | — | — | — | 19,596.61 |
| Common stock, shares issued | — | — | — | 19,591.53 |
| Treasury stock, shares | — | — | — | 5.08 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.