FINANCIAL INFORMATION

FINANCIAL INFORMATION

Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 319,298 $ 584,581
Investment securities at fair value 140,690 131,569
Accounts receivable - trade, net 42,653 34,246
Inventories 99,179 90,997
Other current assets 32,548 30,828
Total current assets 634,368 872,221
Property, plant and equipment, net 83,932 86,736
Investments in real estate, net 28,009 26,220
Long-term investments (of which $52,384 and $54,628 were carried at fair value) 66,915 66,259
Investments in real estate ventures 159,569 141,105
Operating lease right of use assets 148,387  
Goodwill and other intangible assets, net 266,034 266,611
Other assets 99,470 90,352
Total assets 1,486,684 1,549,504
Current liabilities:    
Current portion of notes payable and long-term debt 239,867 256,134
Current portion of fair value of derivatives embedded within convertible debt 11,105 6,635
Current payments due under the Master Settlement Agreement 132,377 36,561
Income taxes payable, net 29,427 5,252
Current operating lease liability 19,344  
Other current liabilities 174,722 180,338
Total current liabilities 606,842 484,920
Notes payable, long-term debt and other obligations, less current portion 1,178,241 1,386,697
Fair value of derivatives embedded within convertible debt 0 24,789
Non-current employee benefits 62,560 61,288
Deferred income taxes, net 34,378 37,411
Non-current operating lease liability 154,254  
Payments due under the Master Settlement Agreement 17,275 16,383
Other liabilities 61,807 85,382
Total liabilities 2,115,357 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, 147,790,061 and 140,914,642 shares issued and outstanding 14,779 14,092
Accumulated deficit (620,791) (542,169)
Accumulated other comprehensive loss (23,149) (19,982)
Total Vector Group Ltd. stockholders' deficiency (629,161) (548,059)
Non-controlling interest 488 693
Total stockholders' deficiency (628,673) (547,366)
Total liabilities and stockholders' deficiency $ 1,486,684 $ 1,549,504