Carbonite, inc. (CARB)
Balance Sheet / TTM
Sep'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'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

98,537

83,378

252,602

198,087

200,981

70,982

71,009

128,231

119,425

125,099

41,813

59,152

49,107

43,203

41,009

63,936

61,623

60,929

59,039

46,084

56,469

57,356

55,292

50,392

47,298

43,550

41,504

40,341

58,797

56,981

58,013

59,842

71,662

13,855

Marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,000

1,000

1,002

3,990

5,499

15,031

14,992

15,002

14,746

14,994

14,990

14,986

14,996

14,990

7,508

8,744

10,091

12,684

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10,000

Trade accounts receivable, less allowances for doubtful accounts of $1,713 and $892

43,407

47,110

50,501

31,569

32,582

32,078

31,159

22,219

23,364

23,505

21,876

16,639

17,007

17,175

12,743

3,736

3,533

3,396

3,141

2,412

2,370

2,248

2,145

1,876

2,267

2,133

2,017

1,549

1,454

998

1,169

944

868

644

Prepaid expenses and other current assets

22,854

22,573

30,742

10,409

10,059

10,620

8,680

6,823

6,745

7,850

7,637

7,325

6,946

7,507

10,514

3,188

3,867

4,217

6,318

5,224

5,337

3,629

3,154

3,122

1,711

2,301

2,343

2,369

1,887

1,716

2,161

1,730

1,770

551

Restricted cash

-

-

-

-

-

-

-

-

0

0

0

135

135

135

135

135

0

221

829

828

-

-

-

0

-

500

500

500

500

500

-

-

-

-

Total current assets

164,798

153,061

333,845

240,065

243,622

113,680

110,848

157,273

149,534

156,454

71,326

83,251

73,195

68,020

65,401

71,995

70,025

72,753

74,826

69,579

79,168

78,235

75,337

70,384

66,266

63,470

61,360

59,749

69,646

68,439

71,434

75,200

74,300

25,050

Property and equipment, net

44,199

45,961

45,446

34,101

35,436

36,587

38,622

28,790

29,681

27,798

27,829

23,872

22,591

24,907

26,377

22,083

23,887

25,101

24,582

25,944

25,549

20,630

20,959

22,111

22,847

24,126

24,859

24,622

24,209

25,108

24,237

21,648

19,825

15,818

Right-of-use lease assets

44,800

48,300

55,200

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

24,519

24,176

26,273

13,876

13,072

12,337

10,844

804

432

348

1,132

157

107

176

220

167

1,679

1,677

1,923

2,181

1,074

1,064

1,179

1,177

244

241

181

147

151

180

175

189

227

73

Acquired intangible assets, net

391,786

417,827

430,297

117,963

126,501

134,770

138,595

44,994

46,799

45,924

48,205

13,751

15,087

15,962

17,053

8,640

9,004

8,795

9,037

10,322

3,277

3,494

3,720

3,953

4,179

4,393

4,607

4,871

855

922

988

1,055

1,121

0

Goodwill

543,957

543,524

541,230

155,086

155,258

155,341

157,215

80,958

80,756

74,082

73,580

23,728

24,455

24,322

23,620

23,105

23,405

22,759

22,350

23,728

11,536

11,536

11,536

11,536

11,536

11,536

11,536

11,536

1,514

1,514

1,514

1,514

1,514

0

Total assets

1,214,085

1,232,848

1,432,295

561,091

573,889

452,715

456,124

312,819

307,202

304,606

222,072

144,759

135,435

133,387

132,671

125,990

128,000

131,085

132,718

131,754

120,604

114,959

112,731

109,161

105,072

103,766

102,543

100,925

96,875

96,663

98,348

99,606

96,987

40,941

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

7,355

7,787

4,942

2,114

4,074

5,820

9,561

10,842

9,402

6,021

9,472

5,819

2,866

3,620

5,129

8,384

7,234

7,963

6,468

7,346

2,674

3,869

2,320

3,810

2,715

4,536

5,074

6,247

3,677

5,463

4,813

6,858

1,841

4,868

Accrued compensation

20,388

20,919

21,776

11,620

9,398

9,989

-

9,892

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

32,499

29,947

47,583

15,844

15,848

18,922

25,165

11,783

20,373

20,631

21,841

19,768

18,096

15,988

16,478

11,559

12,443

10,771

10,084

10,506

11,665

8,658

9,174

8,156

10,096

9,444

8,592

5,068

7,792

6,119

7,233

4,999

7,730

3,947

Purchase price consideration payable

-

-

132,369

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term debt

-

-

-

-

116,640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

14,964

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Revenue, Current

183,361

180,053

172,432

121,553

121,270

121,032

116,859

100,241

103,687

102,224

98,323

86,311

86,860

88,360

89,824

80,269

78,805

79,827

78,950

75,494

71,727

73,334

72,967

69,498

66,659

66,491

65,388

60,119

55,210

52,296

50,254

44,505

38,421

28,616

Total current liabilities

243,603

238,706

379,102

151,131

267,230

155,763

151,585

132,758

133,462

128,876

144,600

111,898

107,822

107,968

111,431

100,212

98,482

98,561

95,502

93,346

86,066

85,861

84,461

81,464

79,470

80,471

79,054

71,434

66,679

63,878

62,300

56,362

47,992

37,431

Long-term debt

590,789

598,301

645,371

118,305

0

194,992

203,398

111,819

110,294

108,782

39,063

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term lease liabilities

43,404

46,750

51,798

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Revenue, Noncurrent

41,638

43,727

42,418

29,151

28,044

27,682

27,467

24,273

22,018

24,756

23,544

21,280

20,585

21,689

20,054

18,434

17,647

16,988

16,057

15,930

15,274

14,337

14,381

14,502

14,530

14,741

14,637

15,087

15,073

15,231

15,389

15,191

15,433

10,106

Long-term deferred tax liabilities

40,343

43,052

46,335

1,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

8,171

3,140

4,088

3,838

5,686

5,876

6,230

5,704

6,034

6,186

6,170

5,747

5,594

5,791

5,970

6,271

7,340

7,637

7,780

7,940

4,294

1,209

329

374

509

523

510

473

468

598

772

451

295

297

Total liabilities

967,948

973,676

1,169,112

303,881

300,960

384,313

388,680

274,554

271,808

268,600

213,377

138,925

134,001

135,448

137,455

124,917

123,469

123,186

119,339

117,216

105,634

101,407

99,171

96,340

94,509

95,735

94,201

86,994

82,220

79,707

-

72,004

-

-

Commitments and contingencies (Note 14)

-

-

-

-

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

Temporary equity

-

-

-

-

27,110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders’ equity:
Preferred stock, $0.01 par value; 6,000,000 shares authorized; no shares issued

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

0

0

0

0

0

Common stock, $0.01 par value; 45,000,000 shares authorized; 37,401,321 shares issued and 34,732,535 shares outstanding at September 30, 2019; 36,641,317 shares issued and 33,923,135 shares outstanding at December 31, 2018

374

374

372

366

365

308

305

301

299

298

294

285

283

281

279

278

275

274

273

272

269

268

267

265

264

261

260

258

256

256

254

251

251

45

Additional paid-in capital

466,738

461,633

455,971

451,618

420,383

243,077

237,883

233,343

228,943

224,815

189,220

177,931

174,085

170,297

168,047

165,391

162,173

159,399

156,644

152,920

148,733

146,815

144,302

142,557

140,622

136,908

134,888

133,059

131,563

130,495

129,200

127,807

127,339

2,134

Treasury stock, at cost (2,668,786 and 2,718,182 shares as of September 30, 2019 and December 31, 2018, respectively)

47,593

47,850

49,276

48,522

27,837

26,867

27,166

26,616

27,124

26,630

26,145

10,657

10,446

10,319

8,938

5,693

3,045

3,012

22

22

22

22

22

22

22

22

22

22

22

22

22

22

22

0

Accumulated other comprehensive (loss) income

-2,253

2,188

2,015

1,650

1,529

1,091

-58

581

1,006

1,650

3,073

3,317

1,883

2,158

1,467

2,040

1,472

1,616

2,042

696

185

-13

-27

-1

-5

-7

8

9

12

11

8

3

5

3

Accumulated deficit

-171,129

-157,173

-145,899

-147,902

-148,621

-149,207

-143,520

-169,344

-167,730

-164,127

-157,747

-165,042

-164,371

-164,478

-165,639

-160,943

-156,344

-150,378

-145,558

-139,328

-134,195

-133,496

-130,960

-129,978

-130,296

-129,109

-126,792

-119,373

-117,154

-113,784

-109,553

-100,437

-94,306

-77,805

Total stockholders’ equity

246,137

259,172

263,183

257,210

245,819

68,402

67,444

38,265

35,394

36,006

8,695

5,834

1,434

-2,061

-4,784

1,073

4,531

7,899

13,379

14,538

14,970

13,552

13,560

12,821

10,563

8,031

8,342

13,931

14,655

16,956

19,887

27,602

33,267

-75,623

Total liabilities and stockholders’ equity

1,214,085

1,232,848

1,432,295

561,091

573,889

452,715

456,124

312,819

307,202

304,606

222,072

144,759

135,435

133,387

132,671

125,990

128,000

131,085

132,718

131,754

120,604

114,959

112,731

109,161

105,072

103,766

102,543

100,925

96,875

96,663

98,348

99,606

96,987

40,941