Accuray incorporated (ARAY)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
ASSETS
Current assets:
Cash and cash equivalents

89,700

96,400

80,911

76,800

62,509

59,428

68,545

83,083

70,392

79,509

67,916

72,084

60,170

69,472

83,616

119,771

79,155

88,451

85,584

79,551

95,449

97,273

107,295

92,346

88,013

70,447

62,436

73,313

181,526

94,773

121,861

143,504

151,328

148,467

140,150

95,906

Short-term investments

-

-

-

-

-

-

-

-

888

24,516

23,931

23,909

23,906

38,908

40,806

47,239

70,650

67,304

67,513

64,306

54,185

53,517

45,415

79,553

86,009

89,202

99,159

101,084

-

-

-

-

-

-

-

-

Restricted cash

1,851

2,648

5,751

10,218

2,103

5,182

1,969

9,830

1,880

2,039

2,547

12,829

1,154

470

470

891

1,080

2,596

3,795

3,734

2,858

1,436

1,457

1,492

2,960

2,956

2,783

2,728

2,613

2,657

2,611

1,560

3,455

3,502

3,284

3,172

Accounts receivable, net of allowance for doubtful accounts of $1,169 and $605 as of March 31, 2020 and June 30, 2019, respectively (a)

102,685

87,734

104,684

111,885

99,774

86,333

66,420

65,994

81,846

80,907

69,650

72,789

87,091

71,673

56,939

56,810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $826 and $709, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

89,319

66,044

56,636

77,727

61,376

62,987

52,943

72,152

59,264

73,777

60,136

55,458

53,992

63,468

57,620

67,890

72,481

73,928

77,913

61,853

Inventories

136,277

131,253

129,233

120,823

124,433

119,494

117,684

108,540

115,900

113,809

113,421

105,054

116,573

116,902

117,358

115,987

117,122

111,513

113,798

106,151

109,705

104,490

99,994

87,752

95,088

88,153

87,989

81,592

92,225

88,830

81,739

81,693

85,122

82,881

83,318

97,836

Prepaid expenses and other current assets

21,266

20,320

20,500

24,205

21,452

18,476

17,075

15,569

16,653

15,577

16,909

18,988

17,704

14,516

14,655

16,098

14,688

13,598

16,527

15,991

15,650

15,076

16,266

17,873

17,939

13,304

13,083

12,595

15,869

14,766

17,619

16,715

13,798

12,481

17,868

21,115

Deferred cost of revenue

190

140

148

146

157

273

220

1,141

2,933

2,316

2,497

3,350

3,725

4,782

4,994

4,884

8,632

8,834

6,799

6,869

8,743

11,960

12,417

13,302

10,408

12,522

8,658

9,165

7,345

7,509

4,078

4,896

6,094

6,893

8,690

5,840

Total current assets

352,011

338,515

341,227

344,075

310,428

289,186

271,913

284,157

290,492

318,673

296,871

309,003

310,323

316,723

318,838

361,680

380,646

358,340

350,652

354,329

347,966

346,739

335,787

364,470

359,681

350,361

334,244

335,935

353,570

272,003

285,528

316,258

332,278

328,152

331,223

285,722

Property and equipment, net

16,302

16,977

16,682

17,122

20,265

21,103

23,126

23,698

24,462

22,601

21,672

23,062

23,353

24,967

26,579

27,878

29,061

29,550

29,482

31,829

29,856

30,830

32,733

34,391

34,539

35,569

34,728

34,733

35,325

37,209

39,536

37,458

39,668

40,825

41,963

44,823

Investment in joint venture

15,018

15,925

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets, net

30,125

31,110

28,864

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

57,701

57,740

57,657

57,770

57,813

57,764

57,767

57,855

58,021

57,910

57,863

57,812

57,742

57,712

57,844

57,848

57,936

57,892

57,965

58,054

58,020

58,015

58,066

58,091

58,102

58,163

58,124

59,368

59,368

59,389

59,344

59,215

56,180

56,187

55,858

54,474

Intangible assets, net

720

607

643

679

714

750

785

821

857

-

-

964

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

893

929

-

1,646

3,634

5,622

7,611

9,599

11,587

13,576

15,564

17,552

19,541

21,529

23,517

25,506

27,494

29,695

31,896

34,102

36,317

39,122

49,819

53,842

57,865

61,952

66,039

Deferred cost of revenue

-

-

-

-

-

-

-

-

-

-

-

206

666

610

1,833

1,996

1,654

2,152

2,264

1,500

1,752

2,220

2,259

2,899

2,296

2,309

3,069

2,149

2,295

2,760

3,575

2,433

2,755

2,945

3,129

2,258

Restricted cash

1,014

1,322

1,226

1,162

734

742

791

620

638

629

333

322

13,085

-

-

1,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

17,097

17,277

17,448

17,373

16,180

16,528

14,749

11,576

12,849

13,231

16,284

15,095

10,032

11,517

12,017

10,549

11,124

13,804

7,863

5,497

8,513

10,220

9,263

11,820

10,948

11,307

13,301

11,848

12,418

7,957

10,912

7,987

8,006

6,062

5,910

2,468

Total assets

489,988

479,473

463,747

438,181

406,134

386,073

369,131

378,727

387,319

413,937

393,952

406,464

416,847

415,163

422,733

469,033

490,020

473,325

461,802

466,773

463,659

467,565

459,637

495,188

491,072

485,203

473,161

475,929

497,078

415,635

438,017

473,170

492,729

492,036

500,035

455,784

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable

26,530

22,062

23,621

29,562

25,392

31,396

25,921

19,694

23,175

25,922

22,199

17,486

23,633

25,154

17,049

15,229

21,737

19,561

13,652

13,096

13,656

15,980

14,695

15,639

18,139

15,111

18,146

15,920

14,982

20,668

28,025

18,209

23,468

22,017

24,763

38,645

Accrued compensation

19,419

22,308

21,578

31,150

27,082

20,883

21,857

28,992

27,212

22,231

20,813

25,402

24,224

18,623

19,006

18,725

20,534

20,484

18,377

21,934

19,530

19,482

20,358

32,569

25,602

17,713

15,045

12,461

15,456

12,809

16,226

23,071

24,919

19,175

20,125

27,406

Operating lease liabilities, current

7,768

7,598

7,092

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other accrued liabilities

25,739

28,686

25,847

32,742

26,945

24,101

21,240

22,448

22,707

19,514

18,113

23,870

18,551

16,788

20,100

22,184

23,415

23,839

22,503

18,720

20,151

24,478

20,438

24,464

21,689

23,583

21,300

22,893

26,323

28,657

27,025

31,646

26,795

23,659

28,820

43,012

Customer advances

18,009

18,231

18,413

20,395

22,822

19,900

-

22,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

82,943

79,599

79,596

78,332

78,833

72,726

-

75,404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term debt

-

-

-

-

-

-

-

-

-

39,451

39,151

113,023

115,702

3,500

3,500

39,900

39,278

96,551

95,134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer advances

-

-

-

-

-

-

19,181

-

22,652

19,797

19,364

16,926

18,853

24,716

21,298

22,123

19,732

19,377

22,949

19,385

18,951

19,673

20,034

19,804

22,341

21,239

19,883

17,692

16,114

18,576

21,173

18,177

19,170

22,968

23,971

25,829

Deferred revenue

-

-

-

-

-

-

72,278

-

84,058

79,955

80,303

87,785

95,250

91,032

91,265

92,051

104,935

94,386

90,719

96,780

93,500

92,495

89,340

92,093

90,602

96,527

88,433

86,893

91,091

87,272

77,797

83,071

88,724

83,552

74,441

68,152

Total current liabilities

180,408

178,484

176,147

192,181

181,074

169,006

160,477

169,434

179,804

206,870

199,943

284,492

296,213

179,813

172,218

210,212

229,631

274,198

263,334

169,915

165,788

172,108

164,865

184,569

178,373

174,173

162,807

155,859

163,966

167,982

170,246

174,174

183,076

171,371

172,120

203,044

Long-term liabilities:
Operating lease liabilities, non-current

25,881

27,166

25,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term other liabilities

6,596

6,717

6,344

9,646

8,168

10,693

9,890

8,608

11,073

10,794

10,414

10,068

10,542

10,532

9,454

10,984

10,925

10,829

10,761

10,934

10,454

10,483

7,425

6,593

5,599

5,603

5,467

5,382

4,322

5,293

5,592

5,988

6,212

5,744

5,897

6,321

Deferred revenue

26,563

27,242

26,273

26,639

23,291

23,406

-

20,976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

22,732

-

17,343

16,737

16,080

13,823

10,301

11,497

16,167

17,665

16,722

17,257

13,938

10,489

9,946

9,875

9,483

9,866

8,985

9,168

10,305

9,085

9,087

9,968

12,582

9,675

8,280

5,997

6,438

6,092

Long-term debt

190,663

183,864

188,460

159,844

145,957

136,823

128,926

131,077

134,321

130,425

118,869

51,548

54,335

166,668

171,524

170,512

170,395

110,172

109,639

199,655

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,989

199,152

197,371

195,612

202,287

201,082

199,916

198,768

197,658

81,565

80,507

79,466

78,460

77,468

76,559

-

Total liabilities

430,111

423,473

422,773

388,310

358,490

339,928

322,025

330,095

342,541

364,826

345,306

359,931

371,391

368,510

369,363

409,373

427,673

412,456

397,672

390,993

387,177

391,618

379,144

396,640

395,244

390,026

378,495

369,094

375,033

264,808

268,927

269,303

276,028

260,580

261,014

215,457

Commitments and contingencies (Note 9)

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' equity:
Preferred stock, $0.001 par value; authorized: 5,000,000 shares; no shares issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.001 par value; authorized: 200,000,000 shares as of March 31, 2020 and June 30, 2019, respectively; issued and outstanding: 90,516,626 and 88,521,511 shares at March 31, 2020 and June 30, 2019, respectively

91

90

89

89

88

88

86

86

86

85

84

84

83

83

82

81

81

81

80

79

79

78

77

77

77

76

75

75

74

74

72

72

71

71

70

70

Additional paid-in-capital

542,126

540,247

536,809

535,332

531,207

528,254

524,699

521,738

516,173

512,883

508,014

496,887

492,311

488,908

484,863

481,346

476,165

476,387

473,025

471,430

465,952

461,995

455,928

451,750

438,661

433,257

427,433

424,524

420,511

418,008

411,136

409,143

405,393

402,998

399,905

373,963

Accumulated other comprehensive loss

-779

-151

-1,028

-10

489

759

698

1,093

1,858

630

316

-52

-1,807

-2,236

-842

-960

-299

-1,243

-646

-426

154

610

1,232

1,815

2,375

2,464

2,337

1,882

2,391

2,473

2,302

2,837

1,877

2,494

962

127

Accumulated deficit

-481,561

-484,186

-494,896

-485,540

-484,140

-482,956

-478,377

-474,285

-473,339

-464,487

-459,768

-450,386

-445,131

-440,102

-430,733

-420,807

-413,600

-414,356

-408,329

-395,303

-389,703

-386,736

-376,744

-355,094

-345,285

-340,620

-335,179

-319,646

-300,931

-269,728

-240,557

-216,427

-196,163

-181,282

-170,895

-144,385

Total stockholders' equity

59,877

56,000

40,974

49,871

47,644

46,145

47,106

48,632

44,778

49,111

48,646

46,533

45,456

46,653

53,370

59,660

-

-

-

75,780

-

-

-

98,548

95,828

95,177

94,666

106,835

122,045

150,827

172,953

195,625

211,178

224,281

230,042

229,775

Non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,863

8,242

5,523

7,175

8,979

10,552

Total stockholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62,347

60,869

64,130

-

76,482

75,947

80,493

-

-

-

-

-

122,045

150,827

169,090

203,867

216,701

231,456

239,021

240,327

Total liabilities and stockholders' equity

489,988

479,473

463,747

438,181

406,134

386,073

369,131

378,727

387,319

413,937

393,952

406,464

416,847

415,163

422,733

469,033

490,020

473,325

461,802

466,773

463,659

467,565

459,637

495,188

491,072

485,203

473,161

475,929

497,078

415,635

438,017

473,170

492,729

492,036

500,035

455,784