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.