FINANCIAL INFORMATION

FINANCIAL INFORMATION

v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 371,341 $ 584,581
Investment securities at fair value 129,641 131,569
Accounts receivable - trade, net 36,959 34,246
Inventories 98,762 90,997
Other current assets 44,911 30,828
Total current assets 681,614 872,221
Property, plant and equipment, net 82,160 86,736
Investments in real estate, net 28,317 26,220
Long-term investments (of which $45,781 and $54,628 were carried at fair value) 61,723 66,259
Investments in real estate ventures 131,556 141,105
Operating lease right of use assets 149,578  
Goodwill and other intangible assets, net 265,993 266,611
Other assets 104,148 90,352
Total assets 1,505,089 1,549,504
Current liabilities:    
Current portion of notes payable and long-term debt 209,269 256,134
Current portion of fair value of derivatives embedded within convertible debt 4,999 6,635
Current payments due under the Master Settlement Agreement 34,116 36,561
Current operating lease liability 18,294 0
Income taxes payable, net 5,138 5,252
Other current liabilities 189,317 180,338
Total current liabilities 461,133 484,920
Notes payable, long-term debt and other obligations, less current portion 1,397,216 1,386,697
Fair value of derivatives embedded within convertible debt 0 24,789
Non-current employee benefits 67,853 61,288
Deferred income taxes, net 33,695 37,411
Non-current operating lease liability 156,963  
Payments due under the Master Settlement Agreement 17,275 16,383
Other liabilities 55,970 85,382
Total liabilities 2,190,105 2,096,870
Commitments and contingencies (Notes 0 and 15)    
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, 148,084,900 and 140,914,642 shares issued and outstanding 14,808 14,092
Accumulated deficit (678,464) (542,169)
Accumulated other comprehensive loss (21,808) (19,982)
Total Vector Group Ltd. stockholders' deficiency (685,464) (548,059)
Non-controlling interest 448 693
Total stockholders' deficiency (685,016) (547,366)
Total liabilities and stockholders' deficiency $ 1,505,089 $ 1,549,504