Mellanox technologies, ltd. (MLNX)
Balance Sheet / TTM
Dec'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'11Dec'10
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value

77,579

52,638

53,782

75,352

56,766

64,248

63,422

90,578

62,473

58,416

55,722

58,357

56,780

55,455

63,501

117,912

263,199

140,511

68,203

61,656

51,326

54,852

44,022

48,014

63,164

37,878

126,480

126,259

117,054

137,904

123,808

111,190

181,258

196,379

72,797

107,994

Short-term investments

798,318

689,823

556,806

477,211

381,724

285,955

219,225

195,726

211,281

287,743

254,545

266,833

271,661

236,934

212,954

143,926

247,314

345,091

395,344

367,468

334,038

295,795

296,051

288,466

263,528

257,672

231,062

269,935

302,593

259,830

196,422

148,562

52,373

19,757

29,037

141,959

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,604

3,604

3,604

3,604

-

-

-

3,527

50,356

3,316

3,229

4,304

4,288

4,437

4,452

4,509

5,218

3,353

Accounts Receivable, after Allowance for Credit Loss, Current

229,873

202,561

200,351

171,718

150,625

142,772

155,664

142,897

154,213

133,618

149,548

126,236

141,768

133,135

117,323

105,114

84,273

64,693

61,004

55,917

64,922

72,959

69,361

65,094

69,480

73,833

67,602

59,145

56,800

52,550

54,619

47,109

48,215

45,964

45,512

19,893

Inventory, Net

98,030

84,927

89,650

95,656

104,381

105,049

94,484

69,886

64,657

61,609

71,961

75,347

65,523

61,910

64,651

72,271

62,473

63,111

62,805

50,949

44,470

39,326

37,092

38,766

36,470

32,470

36,485

45,672

43,318

34,317

31,376

32,246

24,955

17,662

15,474

11,717

Other current assets

17,430

19,700

20,895

23,320

16,942

14,675

12,007

15,553

14,295

20,222

20,726

23,007

17,346

20,038

20,498

22,907

19,979

21,107

21,880

15,466

15,876

24,511

21,054

18,498

17,581

16,232

13,291

16,762

15,616

13,681

8,115

7,817

7,373

6,246

6,099

4,487

Total current assets

1,221,230

1,049,649

921,484

843,257

710,438

612,699

544,802

514,640

506,919

561,608

552,502

549,780

553,078

507,472

478,927

462,130

677,238

634,513

612,840

555,060

514,236

491,047

467,580

458,838

450,223

421,612

525,276

521,089

538,610

502,586

418,628

351,361

318,626

290,517

174,137

289,403

Property, Plant and Equipment, Net

113,568

112,860

108,142

107,509

105,334

105,007

106,746

110,135

109,919

117,483

121,173

123,913

118,585

113,621

112,264

103,157

100,018

97,329

92,260

83,149

78,827

73,954

68,172

70,405

71,915

68,931

68,244

67,229

62,375

52,865

41,661

38,828

36,806

30,279

21,836

15,490

Severance assets

-

-

-

5,067

-

17,780

17,111

18,012

18,302

17,839

17,814

16,857

15,870

16,429

15,846

15,787

9,514

9,543

10,002

9,334

9,474

9,814

10,439

10,422

10,630

10,282

9,845

9,402

8,907

8,189

7,935

8,198

7,767

8,331

9,584

5,792

Finite-Lived Intangible Assets, Net

152,053

156,564

159,046

166,686

179,328

194,540

208,450

218,738

228,195

247,431

253,440

267,375

278,031

288,722

292,758

308,721

32,154

34,744

37,340

39,708

42,067

44,975

47,877

50,780

54,249

57,886

17,344

20,006

16,134

18,439

20,844

23,286

25,657

28,621

31,426

290

Right of use assets

-

-

-

65,733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

473,916

473,900

473,900

473,900

473,916

473,916

473,916

472,437

472,437

472,437

471,228

471,228

471,228

476,037

476,037

476,037

200,743

200,743

200,743

200,743

200,743

201,105

199,558

199,558

199,196

199,558

132,885

132,885

132,885

132,885

132,885

132,885

132,885

132,885

132,885

-

Deferred Income Taxes and Other Assets, Noncurrent

159,022

156,956

159,520

95,605

118,182

99,835

98,744

94,404

66,162

53,942

50,506

49,902

36,713

32,763

31,759

32,627

33,715

9,697

9,813

11,224

17,871

21,327

22,236

21,997

20,613

28,656

15,349

14,471

10,419

11,161

10,522

8,676

8,289

7,633

7,777

4,780

Total assets

2,119,789

1,949,945

1,822,108

1,757,773

1,587,198

1,503,777

1,449,769

1,428,366

1,401,934

1,470,740

1,466,663

1,479,055

1,473,505

1,435,044

1,407,591

1,398,459

1,053,382

986,569

962,998

899,218

863,218

842,222

815,862

812,000

806,826

786,925

768,943

765,082

769,330

726,125

632,475

563,234

530,030

498,266

377,645

315,755

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

105,328

84,147

73,790

63,349

70,336

72,922

71,137

64,498

59,090

42,067

58,754

63,452

59,533

50,450

55,217

47,632

44,600

42,216

50,241

40,296

39,811

37,245

30,190

28,608

29,964

24,754

25,968

25,829

37,431

40,079

34,564

32,193

30,132

25,536

17,550

6,526

Accrued Liabilities, Current

196,527

159,721

142,246

145,901

121,878

100,426

124,792

107,661

114,058

91,510

94,446

107,142

105,042

90,437

87,605

106,684

74,787

66,729

73,447

62,522

61,974

57,894

55,755

54,970

51,011

44,416

43,544

54,168

55,696

51,538

48,040

32,218

31,091

21,730

27,132

15,885

Deferred revenue

24,962

23,325

22,998

22,840

20,558

20,326

20,719

20,216

23,485

23,257

23,013

23,363

24,364

23,400

21,829

18,948

17,743

17,675

16,186

16,665

14,758

14,539

13,792

14,006

15,710

13,529

12,724

11,159

10,826

10,550

7,144

6,563

5,571

4,665

4,426

1,051

Lease liabilities, current

-

-

-

17,730

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease liabilities, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

217

-

765

1,040

1,098

1,102

1,101

1,241

1,243

1,377

1,246

1,109

1,251

1,253

1,254

141

220

299

237

316

316

Current portion of term debt

-

-

-

-

-

-

-

34,332

-

23,341

21,773

14,225

23,628

20,065

29,471

25,905

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

326,817

267,193

239,034

249,820

212,772

193,674

216,648

226,707

196,633

180,175

197,986

208,182

212,567

184,352

194,122

199,386

137,130

127,385

140,914

120,581

117,645

110,779

100,978

98,827

98,062

83,945

83,345

92,407

105,206

103,421

89,889

71,194

67,093

52,168

49,424

23,778

Accrued severance

-

-

-

6,145

-

22,603

21,464

22,770

23,205

22,825

23,041

20,955

19,874

20,583

20,219

19,630

12,464

12,454

13,087

12,399

11,850

12,401

13,286

13,249

13,418

13,274

12,796

12,327

11,821

11,011

10,754

10,803

10,433

11,163

12,731

7,355

Deferred revenue

27,481

22,257

20,224

19,565

18,665

17,829

17,791

18,600

17,820

17,134

15,237

15,485

15,968

15,507

14,195

12,197

12,439

11,398

10,348

9,705

8,942

8,669

8,430

9,019

9,045

9,179

9,170

8,499

8,366

7,671

5,979

3,633

3,664

2,999

2,606

563

Lease liabilities, long term

-

-

-

53,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term debt

-

-

-

-

-

0

0

0

72,761

174,441

191,570

208,673

218,786

228,850

238,904

248,926

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217

494

768

1,043

1,318

1,600

1,882

2,284

2,558

2,835

3,113

279

279

279

-

-

158

Other Liabilities, Noncurrent

109,646

108,227

100,093

33,673

54,113

35,768

32,117

33,096

34,067

39,108

33,741

31,517

30,580

29,356

26,217

26,498

24,668

26,825

26,276

24,333

22,535

14,889

16,460

17,355

17,890

17,579

13,833

12,471

11,982

9,379

7,143

6,938

6,214

4,629

4,676

2,211

Total liabilities

463,944

397,677

359,351

362,863

285,550

269,874

288,020

301,173

344,486

433,683

461,575

484,812

497,775

478,648

493,657

506,637

186,701

178,062

190,625

167,235

161,466

147,506

140,197

139,768

140,015

125,859

121,428

128,262

140,210

134,595

114,044

92,847

87,683

70,959

69,437

34,065

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

Shareholders’ equity
Ordinary shares: NIS 0.0175 par value, 200,000 shares authorized, 55,764 and 53,918 shares issued and outstanding at December 31, 2019 and 2018, respectively

242

240

237

236

233

232

229

224

221

218

215

212

209

207

204

202

200

198

197

194

192

191

189

188

185

184

182

181

178

177

172

168

165

164

145

141

Additional paid-in capital

1,126,829

1,096,744

1,051,985

1,023,943

982,677

956,281

923,202

903,008

873,979

851,480

820,217

801,835

774,605

761,374

732,590

713,039

684,824

669,954

649,976

634,056

615,148

601,840

581,485

569,129

550,795

538,198

518,893

505,340

488,365

473,476

450,024

432,650

418,255

407,499

291,309

265,481

Accumulated Other Comprehensive Income (Loss), Net of Tax

2,587

2,964

2,394

2,322

-1,051

-167

-2,182

-13

1,618

1,136

3,836

3,385

-928

1,966

328

2,423

-1,669

-1,773

2,024

-3,195

-4,020

-2,213

721

670

1,390

1,823

2,165

3,285

2,794

-152

-1,391

32

-1,164

-784

1,136

954

Retained earnings

526,187

452,320

408,141

368,409

319,789

277,557

240,500

223,974

181,630

184,223

180,820

188,811

201,844

192,849

180,812

176,158

183,326

140,128

120,176

100,928

90,432

94,898

93,270

102,245

114,441

120,861

126,275

128,014

137,783

118,029

69,626

37,537

25,091

20,428

15,618

15,114

Stockholders' Equity Attributable to Parent

1,655,845

1,552,268

1,462,757

1,394,910

1,301,648

1,233,903

1,161,749

1,127,193

1,057,448

1,037,057

1,005,088

994,243

975,730

956,396

913,934

891,822

866,681

808,507

772,373

731,983

701,752

694,716

675,665

672,232

666,811

661,066

647,515

636,820

629,120

591,530

518,431

470,387

442,347

427,307

308,208

281,690

Total liabilities and shareholders' equity

2,119,789

1,949,945

1,822,108

1,757,773

1,587,198

1,503,777

1,449,769

1,428,366

1,401,934

1,470,740

1,466,663

1,479,055

1,473,505

1,435,044

1,407,591

1,398,459

1,053,382

986,569

962,998

899,218

863,218

842,222

815,862

812,000

806,826

786,925

768,943

765,082

769,330

726,125

632,475

563,234

530,030

498,266

377,645

315,755