FINANCIAL INFORMATION

FINANCIAL INFORMATION

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 540,363 $ 371,341
Investment securities at fair value 88,643 129,641
Accounts receivable - trade, net 32,760 36,959
Inventories 98,609 98,762
Other current assets 38,363 44,911
Total current assets 798,738 681,614
Property, plant and equipment, net 77,617 82,160
Investments in real estate, net 28,876 28,317
Long-term investment securities at fair value 33,232 45,781
Investments in real estate ventures 115,377 131,556
Operating lease right-of-use assets 148,662 149,578
Goodwill and other intangible assets, net 207,659 265,993
Other assets 121,586 120,090
Total assets 1,531,747 1,505,089
Current liabilities:    
Current portion of notes payable and long-term debt 8,853 209,269
Current portion of fair value of derivatives embedded within convertible debt 0 4,999
Current payments due under the Master Settlement Agreement 102,125 34,116
Income taxes payable, net 36,831 5,138
Current operating lease liability 18,268 18,294
Other current liabilities 332,034 189,317
Total current liabilities 498,111 461,133
Notes payable, long-term debt and other obligations, less current portion 1,398,194 1,397,216
Non-current employee benefits 61,025 67,853
Deferred income taxes, net 12,438 33,695
Non-current operating lease liability 159,296 156,963
Payments due under the Master Settlement Agreement 18,130 17,275
Other liabilities 53,757 55,970
Total liabilities 2,200,951 2,190,105
Commitments and contingencies (Note 9)    
Stockholders' deficiency:    
Preferred stock, par value $1 per share, 10,000,000 shares authorized 0 0
Common stock, par value $0.1 per share, 250,000,000 shares authorized, 153,484,477 and 148,084,900 shares issued and outstanding 15,348 14,808
Accumulated deficit (663,723) (678,464)
Accumulated other comprehensive loss (20,829) (21,808)
Total Vector Group Ltd. stockholders' deficiency (669,204) (685,464)
Non-controlling interest 0 448
Total stockholders' deficiency (669,204) (685,016)
Total liabilities and stockholders' deficiency $ 1,531,747 $ 1,505,089