Pegasystems inc. (PEGA)
Balance Sheet / Yearly
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
Assets
Current assets:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents

538,142

68,363

92,104

95,500

110,367

114,422

106,195

144,291

165,790

162,279

130,568

121,626

83,838

70,594

66,383

64,261

92,180

93,026

97,278

120,864

127,480

114,585

136,545

127,111

144,330

80,231

108,827

103,845

123,731

77,525

66,237

54,827

33,473

60,353

51,603

66,983

71,127

Marketable securities

-

-

20,465

59,549

91,804

93,001

99,782

99,292

89,047

61,469

63,812

58,414

63,948

63,167

63,347

73,308

101,733

126,052

126,738

106,068

97,877

96,631

92,026

89,102

76,634

76,461

79,618

69,966

57,124

45,460

45,092

48,037

54,587

51,079

46,671

32,634

16,124

Total cash, cash equivalents, and marketable securities

-

-

112,569

155,049

202,171

207,423

205,977

243,583

254,837

223,748

194,380

180,040

147,786

133,761

129,730

137,569

193,913

219,078

224,016

226,932

225,357

211,216

228,571

216,213

220,964

156,692

188,445

173,811

180,855

122,985

111,329

102,864

88,060

111,432

98,274

99,617

87,251

Accounts receivable

191,533

199,720

123,268

134,965

135,352

180,872

150,733

141,384

164,981

222,735

191,161

217,020

263,310

265,028

208,562

198,893

202,399

211,846

129,252

135,585

150,902

154,844

103,439

114,642

108,651

165,641

90,583

94,527

70,513

134,066

80,849

92,542

106,852

98,293

79,121

96,499

79,896

Unbilled receivables

182,399

180,219

172,090

169,554

161,480

172,656

155,964

151,354

153,657

160,084

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,409

12,375

12,414

-

12,903

12,948

12,950

12,974

12,328

12,052

11,132

12,336

10,152

10,152

10,252

10,202

9,823

9,827

9,829

9,826

4,820

4,811

4,770

Income taxes receivable

-

-

-

-

-

-

-

-

-

-

34,864

22,081

10,827

14,155

13,639

13,468

4,898

4,770

14,688

8,429

5,623

4,502

11,949

11,690

4,795

4,392

4,199

7,726

4,774

6,261

10,776

10,035

8,270

7,545

21,272

12,969

9,266

Other current assets

72,000

57,308

58,204

77,290

63,731

49,684

73,464

63,864

50,692

41,135

17,679

18,505

19,652

12,188

14,319

22,161

23,199

10,791

12,310

12,536

13,277

9,544

10,096

8,982

8,537

9,148

6,929

6,204

5,735

5,496

6,276

5,512

5,989

4,865

7,680

6,302

7,473

Total current assets

984,074

505,610

466,131

536,858

562,734

610,635

586,138

600,185

624,167

647,702

438,084

437,646

441,575

425,132

378,659

384,466

436,823

446,485

393,169

396,430

408,109

393,080

366,383

363,579

354,079

348,209

300,308

292,420

272,129

279,010

219,053

220,780

219,000

231,961

211,167

220,198

188,656

Unbilled receivables

110,393

121,736

123,962

117,889

130,494

151,237

168,929

169,330

180,077

160,708

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

34,755

37,844

40,998

44,191

47,462

51,080

30,431

33,418

36,412

39,419

42,487

45,664

47,880

50,060

52,818

56,574

49,910

52,682

55,455

58,232

61,009

63,787

66,564

69,369

72,177

74,985

80,684

Goodwill

78,498

79,039

78,862

79,037

72,898

72,858

72,897

72,911

73,017

72,952

72,941

72,890

72,828

73,164

73,871

74,385

46,724

46,776

46,816

46,882

46,777

46,860

45,009

40,463

36,869

43,469

20,451

20,451

20,451

20,451

20,451

20,451

20,451

20,451

20,451

20,451

20,451

Property and equipment, net

-

-

-

-

-

-

-

-

-

-

39,849

38,881

39,947

38,281

39,343

37,736

35,940

31,319

31,830

33,855

31,135

30,156

28,881

27,223

27,838

28,957

28,977

29,262

29,747

30,827

31,285

28,175

18,852

14,458

11,601

11,845

11,010

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

73,459

71,096

69,846

69,898

53,905

52,041

52,536

65,730

71,998

70,765

69,208

69,258

58,129

61,264

60,938

56,745

49,693

49,492

49,163

49,292

43,835

43,581

43,100

43,286

32,673

33,868

33,769

Other long-term assets

301,428

278,427

248,069

206,833

190,433

147,823

134,679

130,614

128,694

131,391

5,982

4,615

4,445

3,990

3,755

3,647

3,728

4,030

3,715

3,016

3,087

2,783

2,882

2,998

3,169

2,526

1,657

1,712

1,618

1,680

1,767

1,782

2,676

2,186

1,991

2,850

2,905

Total assets

1,474,393

984,812

917,024

940,617

956,559

982,553

962,643

973,040

1,005,955

1,012,753

665,070

662,972

669,639

654,656

596,995

603,355

606,182

627,758

583,940

590,367

600,803

587,801

549,164

545,587

535,711

536,480

450,996

446,019

428,563

439,492

377,400

378,556

370,643

381,711

350,060

364,197

337,475

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable

27,770

17,475

15,435

14,586

11,559

16,487

12,926

14,411

12,175

17,370

12,535

13,500

14,237

14,414

8,824

11,196

11,978

12,675

7,617

8,330

6,408

4,752

8,060

6,827

4,799

3,671

2,347

2,911

2,233

3,330

4,548

7,405

6,069

10,899

6,001

5,953

6,286

Accrued expenses

36,985

48,001

41,520

50,372

40,947

43,143

39,829

44,882

48,278

45,508

39,681

38,237

38,545

36,751

36,370

46,115

46,062

42,768

39,049

40,326

35,136

42,958

35,039

31,609

23,461

31,624

20,741

20,295

15,267

15,534

17,311

21,597

20,565

18,336

19,959

23,750

24,736

Accrued compensation and related expenses

59,928

104,126

88,349

62,880

56,349

84,671

71,318

48,691

44,093

66,040

53,869

44,287

39,958

60,660

52,070

41,207

32,472

55,872

43,386

37,249

30,642

47,250

40,462

42,397

25,682

44,401

31,925

28,352

18,848

40,715

26,779

26,240

18,340

39,170

23,243

25,742

27,125

Deferred revenue

197,018

190,080

159,849

169,009

180,845

185,145

158,178

163,525

175,586

165,850

160,931

169,926

186,824

175,647

140,458

144,522

158,181

155,873

134,075

143,001

170,476

134,672

128,259

120,501

134,077

110,690

91,758

98,702

104,608

95,546

74,784

79,358

80,568

73,840

67,316

76,028

56,903

Other current liabilities

17,790

18,273

15,742

14,576

12,447

2,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

339,491

377,955

320,895

311,423

302,147

331,809

282,251

271,509

280,132

294,768

267,016

265,950

279,564

287,472

237,722

243,040

248,693

267,188

224,127

228,906

242,662

229,632

211,820

201,334

188,019

190,386

146,771

150,260

140,956

155,125

123,422

134,600

125,542

142,245

116,519

131,473

115,050

Convertible senior notes, net

505,108

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

47,919

52,610

56,904

54,292

45,325

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax liabilities

-

-

-

6,918

8,319

-

36,166

38,208

39,932

38,463

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

4,774

4,438

4,307

4,263

5,253

5,784

5,648

5,618

24,562

24,919

24,825

24,896

20,951

21,469

21,431

21,269

13,748

13,860

13,707

13,551

9,113

9,633

9,590

9,547

2,380

6,023

5,783

Long-term deferred revenue

-

-

-

-

-

-

-

-

-

-

6,130

8,431

9,958

10,989

10,228

13,326

13,458

15,805

13,857

16,214

18,499

20,859

20,645

24,535

29,396

34,196

17,954

20,383

16,029

18,719

17,423

11,898

13,609

15,367

15,722

17,407

17,751

Other long-term liabilities

15,264

15,237

10,393

10,697

12,339

29,213

23,371

24,151

23,768

23,652

15,449

15,518

15,733

16,043

16,372

16,411

15,879

16,288

16,348

16,751

17,000

17,709

17,473

17,693

18,024

18,841

17,466

17,164

16,482

15,618

14,394

10,813

7,013

5,796

3,674

2,625

3,221

Total liabilities

907,782

445,802

388,192

383,330

368,130

361,022

341,788

333,868

343,832

356,883

293,369

294,337

309,562

318,767

269,575

278,561

283,678

304,899

278,894

286,790

302,986

293,096

270,889

265,031

256,870

264,692

195,939

201,667

187,174

203,013

164,352

166,944

155,754

172,955

138,295

157,528

141,805

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

0

0

0

0

0

0

0

0

Stockholders’ equity:
Preferred stock,1,000 shares authorized; none 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

0

0

0

Common stock, 200,000 shares authorized; 80,076 and 79,599 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively

801

796

793

791

789

785

788

787

785

781

778

776

771

766

763

763

764

765

765

766

766

764

764

763

763

764

380

380

380

379

379

379

379

377

377

375

372

Additional paid-in capital

196,310

140,523

129,559

122,880

119,182

123,205

135,132

141,400

145,962

152,097

146,728

140,088

142,472

143,903

143,020

140,178

138,075

145,418

145,466

147,257

143,976

141,495

140,464

139,198

137,583

139,565

138,271

137,589

137,591

138,576

134,614

133,057

131,564

129,701

129,050

127,056

122,607

Retained earnings

383,142

410,919

412,389

445,108

479,779

510,863

496,815

506,769

517,893

509,697

227,953

232,100

223,021

198,315

188,376

188,249

186,893

180,183

161,522

157,495

156,692

153,058

135,246

135,658

136,446

127,826

113,410

105,840

102,276

94,349

75,078

76,547

79,951

77,029

80,016

76,188

71,431

Accumulated other comprehensive (loss)
Net unrealized gain on available-for-sale marketable securities, net of tax

-

-

-

-

-

-249

-

-

-

-232

-

-

-

-169

-

-

-

-150

-

-

-

-65

-

-

-

77

-

-

-

88

-

-

-

57

-

-

-36

Foreign currency translation adjustments

-

-

-

-

-

-13,073

-

-

-

-6,473

-

-

-

-6,926

-

-

-

-3,357

-

-

-

-547

-

-

-

3,556

-

-

-

3,087

-

-

-

1,592

-

-

1,296

Accumulated other comprehensive (loss)

-13,642

-13,228

-13,909

-11,492

-11,321

-

-11,880

-9,784

-2,517

-

-3,758

-4,329

-6,187

-

-4,739

-4,396

-3,228

-

-2,707

-1,941

-3,617

-

1,801

4,937

4,049

-

2,996

543

1,142

-

2,977

1,629

2,995

-

2,322

3,050

-

Total stockholders’ equity

566,611

539,010

528,832

557,287

588,429

621,531

620,855

639,172

662,123

655,870

371,701

368,635

360,077

335,889

327,420

324,794

322,504

322,859

305,046

303,577

297,817

294,705

278,275

280,556

278,841

271,788

255,057

244,352

241,389

236,479

213,048

211,612

214,889

208,756

211,765

206,669

195,670

Total liabilities and stockholders’ equity

1,474,393

984,812

917,024

940,617

956,559

982,553

962,643

973,040

1,005,955

1,012,753

665,070

662,972

669,639

654,656

596,995

603,355

606,182

627,758

583,940

590,367

600,803

587,801

549,164

545,587

535,711

536,480

450,996

446,019

428,563

439,492

377,400

378,556

370,643

381,711

350,060

364,197

337,475