Netgear, inc. (NTGR)
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'11Dec'10
Accounts receivable, net of allowance for doubtful accounts of $1,079 and $1,254 as of September 29, 2019 and December 31, 2018, respectively

-

-

1,079

1,079

1,255

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ASSETS
Current assets:
Cash and cash equivalents

204,292

190,208

168,002

214,611

185,680

201,047

393,640

227,397

258,795

202,727

246,573

190,676

235,668

240,468

273,720

226,011

226,858

181,945

202,429

136,755

146,401

141,234

141,820

146,982

129,656

143,009

160,484

146,934

279,098

149,032

134,601

157,155

149,258

208,898

174,278

129,423

126,173

Short-term investments

5,422

5,499

3,915

3,700

26,972

73,317

136,173

128,241

127,442

126,926

126,213

114,847

125,567

125,514

129,296

126,661

106,446

96,321

61,419

76,160

101,004

115,895

100,828

95,747

110,605

105,145

140,934

141,169

143,314

227,845

227,819

203,273

220,162

144,797

146,781

148,473

144,564

Accounts receivable, net of allowance for doubtful accounts of $1,076 and $1,079 as of March 29, 2020 and December 31, 2019, respectively

257,582

277,168

248,070

238,635

262,531

303,667

358,982

343,883

317,102

255,118

295,591

304,588

265,254

313,839

233,911

230,550

218,421

290,642

274,173

246,493

254,745

275,689

278,568

282,900

291,251

266,484

269,964

288,483

237,896

256,014

248,862

271,769

249,208

261,307

218,653

209,960

226,731

Inventories

180,602

235,489

275,584

276,316

236,123

243,871

330,516

291,459

266,345

162,942

249,078

263,773

267,826

247,862

217,621

207,841

215,307

213,118

170,013

188,668

200,948

222,883

206,494

194,533

201,630

224,456

211,275

185,383

158,555

174,903

178,916

152,820

134,314

163,724

135,963

137,789

127,394

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29,430

26,476

28,703

29,039

27,895

27,019

28,515

27,239

25,455

25,228

24,052

22,691

22,705

22,482

22,912

23,088

21,020

19,940

19,332

Prepaid expenses and other current assets

29,749

35,745

31,153

38,687

34,791

35,997

39,011

44,878

29,849

24,826

27,711

27,705

29,959

35,102

30,519

36,363

35,431

39,117

31,019

39,133

38,080

38,225

40,064

40,947

37,047

33,778

38,477

41,708

34,773

33,724

38,173

36,226

29,174

32,415

29,919

36,313

23,850

Current assets of discontinued operations

-

-

-

-

-

-

-

-

-

243,125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

677,647

744,109

726,724

771,949

746,097

857,899

1,258,322

1,035,858

999,533

1,015,664

945,166

901,589

924,274

962,785

885,067

827,426

802,463

821,143

768,483

713,685

769,881

822,965

795,669

788,128

798,704

800,111

846,589

828,905

877,688

864,209

851,076

843,725

805,028

834,229

726,614

681,898

668,044

Property and equipment, net

16,382

17,683

19,671

21,074

20,645

20,177

56,647

29,137

19,779

17,349

20,228

18,829

19,348

19,473

19,476

19,273

20,687

22,384

23,951

25,591

27,849

29,694

27,629

28,151

26,005

27,194

25,450

26,397

18,387

19,025

18,927

17,282

14,716

15,884

16,079

16,636

17,503

Operating lease right-of-use assets, net

27,567

28,917

31,610

34,063

36,613

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangibles, net

8,510

10,104

11,699

13,297

15,058

17,146

22,341

20,024

22,449

20,640

27,527

30,215

33,438

37,899

36,216

40,459

44,703

48,947

53,191

57,434

61,755

66,230

70,705

75,180

79,649

84,118

88,631

95,149

26,079

27,621

27,701

23,088

19,977

20,956

22,034

23,196

6,241

Goodwill

80,721

80,721

80,721

80,721

80,721

80,721

101,965

85,463

85,463

64,314

85,463

85,463

85,463

85,463

81,721

81,721

81,721

81,721

81,721

81,721

81,721

81,721

155,916

155,916

155,916

155,916

155,916

155,405

100,880

100,880

100,880

88,985

85,944

85,944

85,944

85,944

74,198

Other non-current assets

68,542

74,279

72,636

71,403

71,241

67,433

94,047

86,149

85,953

49,471

82,773

79,493

79,620

78,836

74,268

71,887

75,677

76,374

47,405

48,352

48,653

48,077

31,399

30,617

29,822

26,591

24,608

22,884

22,282

22,834

20,053

15,058

14,897

14,357

13,617

13,095

14,335

Non-current assets of discontinued operations

-

-

-

-

-

-

-

-

-

41,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

879,369

955,813

943,061

992,507

970,375

1,043,376

1,533,322

1,256,631

1,213,177

1,208,564

1,161,157

1,115,589

1,142,143

1,184,456

1,096,748

1,040,766

1,025,251

1,050,569

974,751

926,783

989,859

1,048,687

1,081,318

1,077,992

1,090,096

1,093,930

1,141,194

1,128,740

1,045,316

1,034,569

1,018,637

988,138

940,562

971,370

864,288

820,769

780,321

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

39,213

80,531

83,912

108,444

69,279

139,748

168,155

107,704

96,371

91,205

92,863

72,886

89,765

112,436

95,991

80,714

75,134

90,546

98,171

71,217

66,654

106,357

92,091

101,403

96,285

114,531

119,273

129,535

82,410

87,310

91,070

101,176

79,534

117,285

75,672

72,376

89,155

Accrued employee compensation

14,208

20,024

18,103

23,436

18,452

31,666

31,168

38,825

25,673

24,520

20,501

24,017

20,514

33,096

24,026

31,217

21,571

27,868

21,414

18,588

19,908

21,588

20,571

19,684

18,534

16,551

17,185

16,275

14,103

18,338

21,116

19,157

17,775

26,896

23,190

19,676

24,130

Other accrued liabilities

172,908

189,547

163,333

171,873

177,635

199,472

282,410

265,990

239,261

149,821

187,533

173,714

149,282

170,674

142,751

132,124

148,018

166,282

132,911

123,847

122,168

143,742

133,659

128,849

141,052

143,218

136,707

134,884

119,587

126,255

120,829

120,519

115,995

120,480

107,826

102,293

110,413

Deferred revenue

6,669

6,450

5,812

10,093

11,750

11,086

35,485

30,674

30,985

21,212

45,627

36,533

32,507

35,301

26,515

29,261

26,399

29,125

30,722

28,412

23,746

30,023

33,937

33,381

30,096

24,496

26,225

31,838

26,998

27,645

28,205

25,478

25,156

40,093

23,934

22,843

27,538

Income taxes payable

1,204

1,839

1,314

1,141

2,895

2,020

6,853

1,359

9,866

7,015

5,803

0

9,855

5,146

1,866

0

3,631

1,951

5,258

0

4,892

2,406

1,893

0

1,744

1,287

3,541

0

4,667

1,382

1,829

0

5,172

4,207

-

-

3,487

Current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

130,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

234,202

298,391

272,474

314,987

280,011

383,992

524,071

444,552

402,156

424,436

352,327

307,150

301,923

356,653

291,149

273,316

274,753

315,772

288,476

242,064

237,368

304,116

282,151

283,317

287,711

300,083

302,931

312,532

247,765

260,930

263,049

266,330

243,632

308,961

230,622

217,188

254,723

Non-current income taxes payable

15,125

15,307

13,219

18,278

18,142

19,600

21,273

32,199

32,089

31,544

14,635

15,721

15,734

15,119

15,610

14,913

14,694

14,444

14,402

15,551

14,892

15,252

15,173

14,430

13,917

13,804

13,314

12,972

13,187

13,735

17,525

16,818

19,174

18,657

18,685

20,760

19,719

Non-current operating lease liabilities

24,252

25,434

27,178

29,263

31,514

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

7,999

7,988

8,052

7,907

7,800

12,232

53,499

24,144

23,213

8,766

17,680

16,796

16,456

15,865

12,793

11,740

11,439

11,643

10,412

9,280

7,784

7,754

7,441

5,779

6,053

6,260

6,366

6,657

6,987

5,293

5,286

5,443

4,835

4,995

5,150

5,195

5,443

Non-current liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

13,333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

281,578

347,120

320,923

370,435

337,467

415,824

598,843

500,895

457,458

478,079

384,642

339,667

334,113

387,637

319,552

299,969

300,886

341,859

313,290

266,895

260,044

327,122

304,765

303,526

307,681

320,147

322,611

332,161

267,939

279,958

285,860

288,591

267,641

332,613

254,457

243,143

279,885

Commitments and contingencies (Note 8)

-

-

-

-

-

-

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; 5,000,000 shares authorized; none issued or outstanding

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Common stock

30

30

31

31

32

32

32

32

32

31

32

32

33

33

33

33

33

33

32

32

35

35

35

36

37

37

39

39

39

38

38

38

38

38

38

37

36

Additional paid-in capital

840,641

831,365

821,966

812,034

804,413

793,585

785,694

625,858

615,876

603,137

594,215

584,097

576,862

566,307

555,167

539,621

522,953

513,047

474,875

467,730

462,973

454,144

445,649

438,150

432,231

421,901

415,254

407,505

402,050

394,427

388,812

379,086

373,934

364,243

358,162

352,628

316,108

Accumulated other comprehensive income

371

21

-18

12

14

-15

-36

-107

-269

-851

-4,762

-4,810

402

1,938

242

59

-481

3

-43

-57

20

38

150

10

-132

69

-151

48

139

4

-171

116

-55

23

-14

63

281

Accumulated deficit

-243,251

-222,723

-199,841

-190,005

-171,551

-166,050

124,488

129,953

140,080

128,168

187,030

196,603

230,733

228,541

221,754

201,084

201,860

195,627

186,597

192,183

266,787

267,348

330,719

336,270

350,279

351,776

403,441

388,987

375,149

360,142

344,098

320,307

299,004

274,453

251,645

224,898

184,011

Total stockholders’ equity

-

-

622,138

622,072

632,908

-

910,178

755,736

755,719

730,485

776,515

775,922

808,030

796,819

777,196

740,797

724,365

708,710

661,461

659,888

729,815

721,565

776,553

774,466

782,415

773,783

818,583

796,579

777,377

754,611

732,777

699,547

672,921

638,757

609,831

577,626

500,436

Non-controlling interest

-

-

-

-

-

-

24,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders’ equity

597,791

608,693

-

-

-

627,552

934,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities and stockholders’ equity

879,369

955,813

943,061

992,507

970,375

1,043,376

1,533,322

1,256,631

1,213,177

1,208,564

1,161,157

1,115,589

1,142,143

1,184,456

1,096,748

1,040,766

1,025,251

1,050,569

974,751

926,783

989,859

1,048,687

1,081,318

1,077,992

1,090,096

1,093,930

1,141,194

1,128,740

1,045,316

1,034,569

1,018,637

988,138

940,562

971,370

864,288

820,769

780,321