FINANCIAL INFORMATION

FINANCIAL INFORMATION

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 451,071 $ 371,341
Investment securities at fair value 124,092 129,641
Accounts receivable - trade, net 43,999 36,959
Inventories 94,548 98,762
Other current assets 38,713 44,911
Total current assets 752,423 681,614
Property, plant and equipment, net 76,067 82,160
Investments in real estate, net 9,786 28,317
Long-term investment securities at fair value 31,619 45,781
Investments in real estate ventures 102,458 131,556
Operating lease right-of-use assets 147,959 149,578
Goodwill and other intangible assets, net 207,618 265,993
Other assets 115,048 120,090
Total assets 1,442,978 1,505,089
Current liabilities:    
Current portion of notes payable and long-term debt 10,684 209,269
Current portion of fair value of derivatives embedded within convertible debt 0 4,999
Current payments due under the Master Settlement Agreement 145,472 34,116
Income taxes payable, net 19,113 5,138
Current operating lease liability 22,485 18,294
Other current liabilities 194,028 189,317
Total current liabilities 391,782 461,133
Notes payable, long-term debt and other obligations, less current portion 1,395,964 1,397,216
Non-current employee benefits 61,341 67,853
Deferred income taxes, net 28,509 33,695
Non-current operating lease liability 159,200 156,963
Payments due under the Master Settlement Agreement 18,130 17,275
Other liabilities 50,171 55,970
Total liabilities 2,105,097 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, 153,293,358 and 148,084,900 shares issued and outstanding 15,329 14,808
Accumulated deficit (656,781) (678,464)
Accumulated other comprehensive loss (20,667) (21,808)
Total Vector Group Ltd. stockholders' deficiency (662,119) (685,464)
Non-controlling interest 0 448
Total stockholders' deficiency (662,119) (685,016)
Total liabilities and stockholders' deficiency $ 1,442,978 $ 1,505,089