Verifone systems, inc. (PAY)
Balance Sheet / TTM
Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10
ASSETS
Current assets:
Cash and cash equivalents

168

152

131

158

134

146

148

156

156

185

208

242

234

240

250

263

229

249

268

309

505

476

454

409

361

379

594

584

531

479

445

Accounts receivable, net of allowances of $7,691 and $7,900, respectively

320

295

322

326

335

322

323

370

397

356

361

322

328

287

305

299

300

263

284

268

315

355

366

371

336

302

294

221

208

164

132

Inventories

123

127

126

127

141

155

175

183

154

136

129

121

129

137

124

112

113

121

138

171

181

188

178

164

162

171

144

109

106

112

111

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

280

279

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

41

40

-

12

12

11

10

Prepaid expenses and other current assets

136

121

138

165

195

105

110

136

132

118

81

111

112

103

78

115

124

114

134

148

139

138

136

153

103

106

127

80

76

75

60

Total current assets

749

696

718

778

806

731

757

846

840

797

782

797

804

769

758

790

768

748

824

898

1,142

1,158

1,135

1,099

1,284

1,281

1,160

1,008

935

843

761

Property and equipment, net

126

129

127

130

130

202

202

195

217

203

190

-

-

-

177

-

-

-

-

-

-

-

-

-

75

77

-

46

46

46

46

Purchased intangible assets, net

210

232

236

257

261

282

306

340

368

339

317

335

360

389

457

510

559

601

642

664

672

719

734

748

814

828

263

72

39

43

50

Fixed assets, net

-

-

-

-

-

-

-

-

-

-

-

183

178

168

-

183

180

174

172

157

147

152

146

137

-

-

83

-

-

-

-

Goodwill

1,125

1,158

1,104

1,116

1,069

1,111

1,110

1,134

1,164

1,095

1,084

1,083

1,087

1,099

1,185

1,231

1,254

1,243

1,252

1,224

1,186

1,206

1,179

1,159

1,199

1,203

561

207

177

171

169

Deferred tax assets, net

30

32

33

36

35

35

36

38

37

34

35

11

13

13

51

25

25

23

23

235

240

215

215

213

222

221

205

10

10

10

9

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

40

-

3

3

4

-

Other long-term assets

101

108

101

99

100

79

81

79

79

71

62

74

68

63

50

68

72

72

77

83

78

82

79

81

110

94

38

32

39

34

38

Total assets

2,343

2,358

2,322

2,419

2,404

2,443

2,494

2,635

2,708

2,541

2,473

2,487

2,512

2,504

2,681

2,810

2,861

2,864

2,993

3,264

3,467

3,534

3,490

3,440

3,745

3,748

2,313

1,381

1,252

1,153

1,075

LIABILITIES AND EQUITY
Current liabilities:
Accounts payable

164

145

144

157

154

133

154

191

217

185

189

150

170

146

161

142

146

110

116

111

151

154

193

183

138

152

144

104

93

77

64

Accruals and other current liabilities

212

194

227

253

245

206

213

226

228

220

229

213

199

189

206

241

230

213

292

-

-

-

-

-

98

88

-

50

53

57

51

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

-

0

0

0

0

Accrued Liabilities, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

284

288

221

230

252

76

80

218

49

44

46

43

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

9

-

7

3

3

0

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

49

-

34

32

25

27

Accrued warranty

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

17

-

14

14

12

10

Deferred revenue, net

106

108

101

110

109

107

104

108

112

92

82

85

92

94

92

98

97

102

86

91

97

119

91

101

98

97

68

57

56

54

55

Senior convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

275

271

266

262

-

-

0

Short-term debt

30

66

68

68

74

67

66

65

55

49

39

31

31

32

31

32

103

103

92

79

67

52

54

53

54

53

5

5

5

5

5

Total current liabilities

514

516

542

589

584

515

538

592

614

546

541

481

494

462

491

514

578

530

587

566

605

547

570

590

829

828

703

587

303

283

259

Accrued warranties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

2

2

1

1

Long-term deferred revenue, net

59

62

61

66

69

69

66

62

61

58

55

53

53

50

50

50

49

42

42

41

41

39

37

30

31

33

31

26

26

23

22

Deferred tax liabilities, net

91

98

97

102

100

100

99

110

113

112

102

121

121

129

130

150

158

165

175

186

198

216

214

228

244

243

92

77

66

62

62

Long-term debt

835

775

762

809

803

836

859

907

899

883

760

781

811

831

836

891

836

897

943

1,040

1,212

1,238

1,252

1,268

1,282

1,313

211

212

473

470

468

Other long-term liabilities

72

76

76

69

68

75

76

90

88

83

78

73

70

69

101

93

94

92

92

88

81

71

70

69

76

75

78

52

47

45

53

Total liabilities

1,573

1,528

1,539

1,638

1,627

1,597

1,641

1,764

1,777

1,684

1,538

1,512

1,550

1,542

1,610

1,702

1,718

1,728

1,842

1,924

2,138

2,112

2,145

2,186

2,464

2,493

1,118

959

919

888

867

Commitments and contingencies

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

Redeemable noncontrolling interest in subsidiary

0

0

0

1

1

3

4

6

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

Stockholders equity:
Preferred stock: $0.01 par value, 10,000 shares authorized, 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

0

0

0

0

0

0

Common stock: $0.01 par value, 200,000 shares authorized, 110,723 and 112,367 shares issued and outstanding as of April 30, 2018 and October 31, 2017, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

1

0

0

0

0

Temporary equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

-

0

0

0

0

Additional paid-in capital

1,832

1,823

1,812

1,802

1,792

1,781

1,771

1,760

1,749

1,737

1,726

1,718

1,705

1,690

1,675

1,666

1,633

1,618

1,598

1,582

1,569

1,557

1,543

1,529

1,513

1,486

1,468

879

815

786

763

Accumulated deficit

-851

-834

-792

-795

-724

-634

-618

-613

-582

-585

-535

-497

-506

-524

-538

-569

-540

-516

-500

-252

-250

-192

-204

-231

-268

-272

-269

-467

-494

-519

-551

Accumulated other comprehensive loss

-237

-190

-266

-255

-318

-340

-340

-317

-270

-331

-292

-282

-271

-242

-104

-26

12

-3

14

-27

-28

17

-32

-82

-3

0

-6

7

9

-4

-6

Total VeriFone Systems, Inc. stockholders equity

745

800

754

752

750

807

813

830

897

821

899

939

927

924

1,033

1,071

1,106

1,099

1,114

1,303

1,291

1,383

1,307

1,216

1,242

1,215

1,194

420

331

263

206

Noncontrolling interests in subsidiaries

24

29

27

27

25

34

34

34

33

35

34

34

34

36

36

35

35

36

36

36

36

36

36

36

35

37

0

0

0

0

0

Total equity

770

829

782

779

775

841

848

864

931

856

934

974

962

961

1,069

-

-

-

-

-

-

-

1,344

-

1,278

1,253

1,194

420

332

263

206

Total liabilities, redeemable noncontrolling interest in subsidiary and equity

2,343

2,358

2,322

2,419

2,404

2,443

2,494

2,635

2,708

2,541

2,473

2,487

2,512

2,504

2,681

2,810

2,861

2,864

2,993

3,264

3,467

3,534

3,490

3,440

3,745

3,748

2,313

1,381

1,252

1,153

1,075