FINANCIAL INFORMATION

FINANCIAL INFORMATION

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 323,861 $ 584,581
Investment securities at fair value 135,100 131,569
Accounts receivable - trade, net 44,347 34,246
Inventories 96,934 90,997
Other current assets 38,251 30,828
Total current assets 638,493 872,221
Property, plant and equipment, net 84,262 86,736
Investments in real estate, net 27,212 26,220
Long-term investments (of which $53,175 and $54,628 were carried at fair value) 63,814 66,259
Investments in real estate ventures 144,766 141,105
Operating lease right of use assets 135,134  
Goodwill and other intangible assets, net 266,082 266,611
Other assets 95,397 90,352
Total assets 1,455,160 1,549,504
Current liabilities:    
Current portion of notes payable and long-term debt 250,659 256,134
Current portion of fair value of derivatives embedded within convertible debt 17,287 6,635
Current payments due under the Master Settlement Agreement 85,651 36,561
Income taxes payable, net 8,345 5,252
Current operating lease liability 20,339  
Other current liabilities 175,786 180,338
Total current liabilities 558,067 484,920
Notes payable, long-term debt and other obligations, less current portion 1,180,151 1,386,697
Fair value of derivatives embedded within convertible debt 0 24,789
Non-current employee benefits 62,101 61,288
Deferred income taxes, net 41,465 37,411
Non-current operating lease liability 139,729  
Payments due under the Master Settlement Agreement 17,275 16,383
Other liabilities 63,068 85,382
Total liabilities 2,061,856 2,096,870
Commitments and contingencies (Note 9)    
Stockholders' deficiency:    
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized 0 0
Common stock, par value $0.10 per share, 250,000,000 shares authorized,140,953,900 and 140,914,642 shares issued and outstanding 14,095 14,092
Accumulated deficit (597,786) (542,169)
Accumulated other comprehensive loss (23,493) (19,982)
Total Vector Group Ltd. stockholders' deficiency (607,184) (548,059)
Non-controlling interest 488 693
Total stockholders' deficiency (606,696) (547,366)
Total liabilities and stockholders' deficiency $ 1,455,160 $ 1,549,504