Company Quick10K Filing
Heidrick & Struggles
10-Q 2020-03-31 Filed 2020-04-27
10-K 2019-12-31 Filed 2020-02-24
10-Q 2019-09-30 Filed 2019-10-28
10-Q 2019-06-30 Filed 2019-07-29
10-Q 2019-03-31 Filed 2019-04-29
10-K 2018-12-31 Filed 2019-02-26
10-Q 2018-09-30 Filed 2018-10-29
10-Q 2018-06-30 Filed 2018-07-31
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-03-13
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-27
10-Q 2017-03-31 Filed 2017-04-25
10-K 2016-12-31 Filed 2017-03-23
10-Q 2016-09-30 Filed 2016-10-26
10-Q 2016-06-30 Filed 2016-07-26
10-Q 2016-03-31 Filed 2016-04-27
10-K 2015-12-31 Filed 2016-03-10
10-Q 2015-09-30 Filed 2015-10-27
10-Q 2015-06-30 Filed 2015-07-28
10-Q 2015-03-31 Filed 2015-04-29
10-K 2014-12-31 Filed 2015-03-11
10-Q 2014-09-30 Filed 2014-10-28
10-Q 2014-06-30 Filed 2014-07-29
10-Q 2014-03-31 Filed 2014-04-29
10-K 2013-12-31 Filed 2014-03-13
10-Q 2013-09-30 Filed 2013-10-29
10-Q 2013-06-30 Filed 2013-07-30
10-Q 2013-03-31 Filed 2013-05-09
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-09-30 Filed 2012-11-05
10-Q 2012-06-30 Filed 2012-08-06
10-Q 2012-03-31 Filed 2012-04-30
10-K 2011-12-31 Filed 2012-03-15
10-Q 2011-09-30 Filed 2011-11-01
10-Q 2011-06-30 Filed 2011-08-01
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-16
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-04
10-Q 2010-03-31 Filed 2010-05-03
10-K 2009-12-31 Filed 2010-03-01
8-K 2020-04-27 Earnings, Exhibits
8-K 2020-04-03 Officers, Exhibits
8-K 2020-03-20 Off-BS Arrangement
8-K 2020-02-24 Earnings, Exhibits
8-K 2019-10-28 Earnings, Exhibits
8-K 2019-09-24 Regulation FD, Exhibits
8-K 2019-07-29 Earnings, Exhibits
8-K 2019-06-06 Officers, Exhibits
8-K 2019-05-23 Shareholder Vote
8-K 2019-04-29 Earnings, Exhibits
8-K 2019-02-25 Earnings, Exhibits
8-K 2019-02-06 Officers, Exhibits
8-K 2019-01-28 Officers, Exhibits
8-K 2019-01-15 Other Events, Exhibits
8-K 2018-12-19 Other Events
8-K 2018-12-04 Officers, Exhibits
8-K 2018-10-26 Enter Agreement, Leave Agreement, Earnings, Off-BS Arrangement, Exhibits
8-K 2018-07-30 Earnings, Exhibits
8-K 2018-06-13 Accountant, Exhibits
8-K 2018-05-24 Officers, Shareholder Vote
8-K 2018-04-23 Earnings, Exhibits
8-K 2018-03-19 Officers, Exhibits
8-K 2018-02-26 Earnings, Exhibits
8-K 2018-02-01 Officers, Exhibits
8-K 2018-01-04 M&A, Officers, Exhibits
8-K 2017-12-31 Exit Costs, Officers, Other Events, Exhibits

Heidrick & Struggles Financials

HSII Metrics, Comps, Filings

Quarterly | Annual

Business

Executive Search. We partner with respected organizations globally to build and sustain the best leadership teams in the world, with a specialized focus on the placement of top-level senior executives. We believe focusing on top-level senior executives provides the opportunity for several competitive advantages including access to and influence with key decision makers, increased potential for recurring search and consulting engagements, higher fees per search, enhanced brand visibility, and a leveraged global footprint. Working at the top of client organizations also facilitates the attraction and retention of high-caliber consultants who desire to serve top industry executives and their leadership needs. Our executive search services derive revenue through the fees generated for each search engagement, which generally are based on the annual compensation for the placed executive. We provide our executive search services primarily on a retained basis, recruiting senior executives whose first-year base salary and bonus averaged approximately $382,000 in 2018 on a worldwide basis.

The executive search industry is highly fragmented, consisting of several thousand executive search firms worldwide. Executive search firms are generally separated into two broad categories: retained search and contingency search. Retained executive search firms fulfill their clients' senior leadership needs by identifying potentially qualified candidates and assisting clients in evaluating and assessing these candidates. Retained executive search firms generally are compensated for their services regardless of whether the client employs a candidate identified by the search firm and are generally retained on an exclusive basis. Typically, retained executive search firms are paid a retainer for their services equal to approximately one-third of the estimated first year compensation for the position to be filled. In addition, if the actual compensation of a placed candidate exceeds the estimated compensation, executive search firms often are authorized to bill the client for one-third of the excess. In contrast, contingency search firms are compensated only upon successfully placing a recommended candidate.

We are a retained executive search firm. Our search process typically consists of the following steps:


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
McGrath Rentcorp (MGRC) 1,676,208 47% 9.1 7% 1,306,223 689,508 556,124 260,271 94,654 183,880 1,673,918
Rent A Center (RCII) 1,439,569 62% 5.8 9% 1,497,932 1,066,192 2,663,740 1,652,497 134,719 235,159 1,365,887
Forrester Research (FORR) 855,033 46% 41.2 -2% 598,331 450,679 436,011 202,565 -9,085 22,334 920,372
Textainer Group (TGH) 534,629 0% 4,744,296 3,508,305 0 0 0 0 3,719,528
Heidrick & Struggles (HSII) 523,905 31% 15.4 1% 776,623 479,988 731,932 226,706 9,409 22,597 347,533
Exterran (EXTN) 472,417 26% 6.0 -1% 1,552,736 1,063,637 1,396,197 365,967 -8,467 156,605 945,766
Vectrus (VEC) 447,851 9% 9.9 5% 635,435 387,100 1,346,932 125,715 34,214 48,586 478,739
CAI International (CAI) 408,107 56% 21.2 1% 2,950,734 2,264,742 439,821 246,607 23,162 116,301 2,461,226
General Finance (GFN) 284,258 0% 7.4 1% 788,296 607,710 311,221 0 6,649 88,274 654,119
sslj.com (SSLJ) 165,200 0% 19,450 19,330 0 0 0 0 164,193
PRGX Global (PRGX) 131,326 37% 122.0 -8% 123,407 67,467 123,068 45,982 -9,317 1,280 156,114
Mitcham Industries (MIND) 48,632 34% -4.6 -19% 62,496 12,418 41,746 14,085 -11,734 -9,566 43,833
Quest Resource (QRHC) 39,421 19% 26.7 -0% 80,294 19,053 76,020 14,064 -90 1,401 37,352
FlexShopper (FPAY) 30,383 0% 4.8 4% 41,459 30,831 66,328 0 1,582 6,495 30,932
Command Security (MOC) 30,161 11% 41.0 -1% 39,561 23,616 171,856 19,188 -509 703 28,825
NXT-ID (NXTD) 16,429 76% -1.6 -49% 25,337 17,374 13,113 9,907 -12,293 -9,257 14,928
ShiftPixy (PIXY) 19,142 23% -1.1 -74% 21,755 25,174 49,197 11,144 -16,034 -15,210 16,211
AeroCentury (ACY) 9,445 0% -33.5 -6% 167,020 136,904 38,716 0 -9,617 -3,736 125,070
GEE Group (JOB) 9 34% 0.2 -14% 124,481 87,661 151,674 51,322 -17,763 -16,202 -4,046
Nesco Holdings (NSCO) 34% -45.9 -2% 739,033 754,818 62,562 21,264 -15,126 -14,632 671,402

Balance Sheet ($'000)2010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash85,68994,238124,588183,12694,992103,078135,499185,39082,64096,851127,137117,60585,66099,695132,790181,646101,405123,350159,537211,352107,625119,884128,960190,45262,04785,39199,975165,01168,32958,178105,718207,53473,35886,432164,814280,262114,762105,314176,372
Accounts Receivable83,58898,499114,31883,36094,520109,710101,66469,08178,90685,55188,26169,10778,82790,86788,74671,66685,438105,01194,13068,35383,00497,270106,67476,05895,543107,108114,72693,191111,366124,410129,64098,700133,681153,948158,107114,977135,156146,982150,872
Inventory000000000000000000000000000000000000000
PP&E29,41631,93734,23134,40637,88442,33847,49144,78144,77343,89042,58642,36239,92137,57135,72134,96133,78032,10930,07030,41734,34834,57935,59736,49835,26036,46436,13735,09940,05741,49141,94539,51438,46436,75235,49133,87132,29230,78829,356
Assets456,406473,004525,007545,027481,099518,483498,625515,565425,202433,931460,232494,992469,570490,578525,804553,224487,807526,147541,576568,701482,083512,158530,019572,718476,421503,693553,775581,502517,508497,437553,427587,204524,346552,904632,856700,629671,982704,010776,623
Accounts Payable6,7508,91610,1788,40811,60111,81810,4389,1579,5838,0316,0098,6577,5817,4545,6227,7917,9475,4855,5325,4937,7025,7024,0566,1507,7795,7659,6447,9529,8808,1708,2949,8249,5748,7238,9799,1669,2298,1079,093
Long-Term Debt00000000000034,00038,50037,00035,50034,00032,50031,00029,50028,00026,50000000000000000000
Liabilities172,823193,981237,419250,485192,427219,672242,111264,270174,298183,242206,461246,645224,757246,181278,777305,351242,020276,552293,020324,037236,735262,895275,924317,916221,558243,314288,010322,912258,991253,924302,456374,499293,857315,038379,023433,473398,563415,561479,988
Stockholders' Equity283,583279,023287,588294,542288,672298,811256,514251,295250,904250,689253,771248,347244,813244,397247,027247,873245,787249,595248,556244,664245,348249,263254,095254,802254,863260,379265,765258,590258,517243,513250,971212,705230,489237,866253,833267,156273,419288,449296,635
Income Statement ($'000)2010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue118,354130,660131,228132,994120,879149,614149,305134,182112,318121,757122,345108,661107,308127,328123,504122,853115,532140,958130,261126,488118,479137,686142,850149,296134,287153,816148,239164,564144,177157,118164,465174,296164,658187,689192,341190,967176,274178,173186,518
Cost of Revenue83,13085,99588,32482,72988,38199,21999,70085,10676,67279,85979,62873,34371,47983,06681,67183,28375,91592,12884,04685,35978,47390,71795,724104,47191,118101,54295,355112,05597,235103,378108,546125,060111,409127,679133,933133,328120,818120,601130,479
Gross Profit35,22444,66542,90450,26532,49850,39549,60549,07635,64641,89842,71735,31835,82944,26241,83339,57039,61748,83046,21541,12940,00646,96947,12644,82543,16952,27452,88452,50946,94253,74055,91949,23653,24960,01058,40857,63955,45657,57256,039
R&D000000000000000000000000000000000000000
SG&A30,09632,85432,50535,16731,32933,27028,78230,21126,36528,96027,49931,00231,11033,22528,95733,63934,42631,44032,22632,09930,00833,15629,76434,76435,20335,62536,15840,10136,13338,08937,23235,86235,54136,91933,072-70,24734,38534,16833,093
Tax-1,9462,6614,0864,654-1,2473,58018,263-1,6493,8093,6425,9246471,3003,1153,429-8031,2568,9575,9251,2523,1004,1623,6473,5132,6645,1265,4489,1153,444-10,4386,09220,1192,7446,9486,718-11,6236,7555,1934,880
Net Income-1,5462,6721,1845,183-4,6617,429-32,401-4,0896791,8524,111-402-1,2151,9374,1241,50103,7872,992183,4264,9567,4901,2601,3256,6556,940493650-18,2489,790-40,82710,16811,46316,469-26,90512,08714,2809,947
Cash Flow ($'000)2010-03-312010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-32,22423,72631,43960,599-79,66318,01450,99755,426-99,07422,15733,75855,652-69,06020,56036,63555,898-74,90829,86642,99458,812-87,77124,63343,09877,623-119,18234,22135,94773,837-110,52624,31450,211102,971-137,50630,44684,175125,787-155,27333,39086,464
Cash Investing-3,281-5,920-4,657-1,640-6,306-5,758-9,763-1,873-2,892-2,840-1,150-60,369-1,416-475-585-2,749-1,277-928-437-649-7,317-3,952-3,400-12,838-5,003-597-18,924-3,261-5,713-6,435-2,226-880-5,995-41-1,178-1,035-2,463-39,575-8,107
Cash Financing-6,834-2,797-2,305-2,345-4,790-3,015-2,327-2,444-3,699-3,197-3,532-4,72039,532-4,484-3,927-3,951-4,354-7,291-4,015-4,000-5,554-9,146-29,092-2,546-5,513-9,570-2,496-2,51317,821-29,869-2,577-2,4357,296-14,571-2,532-7,181-7,894-2,968-4,409