FINANCIAL INFORMATION

FINANCIAL INFORMATION

Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 352,842 $ 371,341
Current investment securities at fair value 135,585 129,641
Accounts receivable - trade, net 40,711 36,959
Inventories 97,545 98,762
Other current assets 37,220 44,911
Total current assets 663,903 681,614
Property, plant and equipment, net 77,988 82,160
Investments in real estate, net 15,631 28,317
Long-term investments (includes $34,218 and $45,781 at fair value) 52,528 61,723
Investments in real estate ventures 85,400 131,556
Operating lease right-of-use assets 145,356 149,578
Goodwill and other intangible assets, net 207,577 265,993
Other assets 95,026 104,148
Total assets 1,343,409 1,505,089
Current liabilities:    
Current portion of notes payable and long-term debt 12,557 209,269
Current portion of fair value of derivatives embedded within convertible debt 0 4,999
Current payments due under the Master Settlement Agreement 38,767 34,116
Current operating lease liability 27,207 18,294
Income taxes payable, net 5,847 5,138
Other current liabilities 198,937 189,317
Total current liabilities 283,315 461,133
Notes payable, long-term debt and other obligations, less current portion 1,393,729 1,397,216
Non-current employee benefits 66,616 67,853
Deferred income taxes, net 32,456 33,695
Non-current operating lease liability 154,199 156,963
Payments due under the Master Settlement Agreement 17,933 17,275
Other liabilities 54,848 55,970
Total liabilities 2,003,096 2,190,105
Commitments and contingencies (Notes 5 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, 153,324,629 and 148,084,900 shares issued and outstanding 15,332 14,808
Accumulated deficit (653,945) (678,464)
Accumulated other comprehensive loss (21,074) (21,808)
Total Vector Group Ltd. stockholders' deficiency (659,687) (685,464)
Non-controlling interest 0 448
Total stockholders' deficiency (659,687) (685,016)
Total liabilities and stockholders' deficiency $ 1,343,409 $ 1,505,089