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CDI (CDI) Long-Term Capital Lease Obligation : $0.0 Mil (As of Jun. 2017)


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What is CDI Long-Term Capital Lease Obligation?

CDI's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil.


CDI Long-Term Capital Lease Obligation Historical Data

The historical data trend for CDI's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CDI Long-Term Capital Lease Obligation Chart

CDI Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Long-Term Capital Lease Obligation
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CDI Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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CDI  (NYSE:CDI) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

CDI Long-Term Capital Lease Obligation Related Terms

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CDI (CDI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CDI Corp. is a staffing firm that provides temporary and permanent workers mainly in the engineering, IT servicing, and construction markets. At the end of 2007 approximately 20% of the firm's revenue was derived from the U.K. construction market and had 1,400 worldwide employees with 11,000 temporary workers on assignment. Based in Philadelphia, Pa., CDI traces its roots back to 1950.
Executives
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
Albert E Smith director
Scott J Freidheim director, officer: President and CEO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Paulett Eberhart other: Former Director and CEO C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Roger H Ballou director, officer: President and CEO C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
John Iii Fanelli officer: VP-Controller, CDI Corporation C/O CDI CORP., 1717 ARCH ST., 35TH FLOOR, PHILADELPHIA PA 19103
Gregory L Cowan officer: Former Sr. VP & CAO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Alan B Miller director 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406

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