Progress software corp /ma (PRGS)
Balance Sheet / Yearly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10Nov'09
Assets
Current assets:
Cash and cash equivalents

161,094

154,259

124,020

103,249

106,516

105,126

98,697

97,121

117,111

133,464

144,757

197,886

226,907

207,036

188,084

179,733

203,704

212,379

189,113

166,020

187,035

263,082

242,380

201,971

219,356

198,818

215,342

218,387

279,217

301,792

294,398

241,884

231,695

161,095

257,769

310,442

312,148

286,559

255,049

175,873

Short-term investments

15,961

19,426

21,377

25,304

26,942

34,387

39,184

47,079

50,386

50,145

46,559

47,196

37,285

42,718

44,600

49,376

47,787

28,900

29,191

33,101

24,129

20,186

18,912

24,605

28,693

32,622

26,640

37,417

42,158

53,425

57,809

86,364

83,469

100,321

88,774

78,536

58,691

35,837

14,164

48,248

Total cash, cash equivalents and short-term investments

177,055

173,685

145,397

128,553

133,458

139,513

137,881

144,200

167,497

183,609

191,316

245,082

264,192

249,754

232,684

229,109

251,491

241,279

218,304

199,121

211,164

283,268

261,292

226,576

248,049

231,440

241,982

255,804

321,375

355,217

352,207

328,248

315,164

261,416

346,543

388,978

370,839

322,396

269,213

224,121

Accounts receivable (less allowances of $932 and $825, respectively)

62,184

72,820

63,617

52,040

54,572

59,715

45,817

42,577

53,843

61,210

51,860

43,894

48,905

65,678

55,758

48,294

58,829

66,459

60,335

56,440

59,647

68,311

57,840

58,023

58,960

66,784

53,620

50,772

64,026

70,793

75,849

85,787

102,645

110,927

83,887

91,738

104,381

119,273

84,966

98,872

Unbilled receivables and contract assets

10,908

10,880

7,376

5,160

2,121

1,421

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

24,591

27,280

19,904

18,553

19,757

25,080

13,696

13,844

16,312

18,588

18,451

22,332

23,841

20,621

20,521

21,970

20,575

15,671

19,937

19,454

16,551

24,028

21,505

25,116

29,845

30,716

27,252

26,782

26,788

16,478

26,863

26,060

22,845

22,110

22,835

23,384

27,454

27,910

25,266

20,193

Assets held for sale

-

-

0

0

5,776

5,776

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

11,236

0

68,029

6,731

-

-

0

-

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,791

37,564

24,936

-

12,045

11,392

10,837

8,871

12,783

13,254

20,652

16,301

10,105

10,856

11,062

13,458

15,157

14,657

14,479

14,279

14,932

14,433

Total current assets

274,738

284,665

236,294

204,306

215,684

231,505

197,394

200,621

237,652

263,407

261,627

311,308

336,938

336,053

308,963

299,373

330,895

323,409

330,367

312,579

312,298

375,607

352,682

321,107

347,691

337,811

335,637

357,848

432,841

526,818

471,755

450,951

451,716

407,911

468,422

518,757

517,153

483,858

394,377

357,619

Long-term unbilled receivables and contract assets

12,792

12,492

9,987

4,488

2,581

1,811

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment, net

29,150

29,765

31,573

32,971

29,351

30,714

42,689

42,208

41,761

42,261

43,283

44,863

48,258

50,105

50,778

51,760

53,492

54,226

56,825

57,653

61,994

59,351

59,176

59,865

60,871

57,030

56,889

59,352

61,528

63,071

64,479

66,444

68,048

66,206

66,344

63,023

59,620

58,207

57,963

59,625

Intangible assets, net

93,615

99,392

136,381

150,907

50,297

58,919

67,712

76,540

85,757

94,894

101,777

86,864

73,970

80,827

87,684

99,864

106,988

114,113

121,323

128,605

135,851

20,578

15,139

16,090

9,257

9,950

10,690

11,430

4,574

5,119

47,676

53,437

58,882

64,408

65,343

71,254

77,053

83,208

90,646

86,389

Goodwill

432,789

432,824

432,598

432,623

315,010

314,992

314,951

315,012

315,106

315,041

315,913

290,698

278,132

278,067

370,097

370,025

369,964

369,985

370,465

370,533

370,625

232,836

230,677

230,681

224,185

224,286

224,290

224,440

226,104

226,110

252,735

257,625

263,283

256,211

238,588

238,591

238,514

238,343

239,471

218,498

Deferred tax assets

17,334

18,601

10,159

1,877

889

966

876

846

948

1,123

1,221

1,098

1,508

6,601

11,626

9,537

11,635

10,971

3,002

2,976

4,375

12,020

16,172

17,387

19,768

20,386

24,197

26,776

23,566

26,565

32,808

33,577

27,609

30,361

31,981

28,699

29,444

29,214

33,520

30,638

Operating lease right-of-use assets

25,907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in auction rate securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25,056

25,110

24,761

26,573

26,500

26,442

26,321

31,285

31,448

33,343

33,539

-

-

-

39,643

-

40,714

Other assets

3,857

3,532

2,933

2,733

2,079

5,243

1,810

1,746

1,916

1,992

1,995

2,233

2,325

3,174

3,631

3,671

3,894

4,419

4,652

4,672

4,449

2,364

2,798

3,163

3,552

7,963

8,314

4,747

5,319

10,973

5,588

5,829

5,999

5,627

40,082

39,905

44,048

4,350

44,343

5,367

Total assets

890,182

881,271

859,925

829,905

615,891

644,150

625,432

636,973

683,140

718,718

725,816

737,064

741,131

754,827

832,779

834,230

876,868

877,123

886,634

877,018

889,592

702,756

676,644

673,349

690,434

682,187

686,590

711,093

780,374

884,977

906,326

899,311

908,880

864,263

910,760

960,229

965,832

936,823

860,320

798,850

Liabilities and shareholders’ equity
Current liabilities:
Current portion of long-term debt, net

12,599

10,717

8,836

7,002

6,593

5,819

5,819

5,819

5,819

5,819

14,643

14,643

14,643

15,000

13,125

11,250

9,375

9,375

7,500

7,500

7,500

0

-

-

-

-

-

-

-

-

0

71

174

357

376

404

396

388

380

358

Accounts payable

10,215

10,603

6,882

9,541

9,823

10,593

8,299

10,406

8,913

9,000

6,657

8,748

9,491

12,991

9,647

9,630

11,917

11,188

9,363

10,191

10,241

11,749

7,076

8,906

8,480

9,560

5,797

6,594

8,879

10,477

4,827

8,948

6,268

7,039

6,219

7,586

7,437

13,176

6,337

12,400

Accrued compensation and related taxes

17,928

34,444

24,441

20,762

14,984

25,500

17,534

17,605

17,406

32,373

25,269

21,158

19,813

26,212

20,967

19,951

20,339

29,720

26,250

22,816

20,168

20,815

18,539

16,135

16,016

26,697

23,813

23,053

20,193

39,105

35,967

31,472

29,878

31,245

28,143

29,759

26,723

44,920

36,699

44,472

Dividends payable to shareholders

7,465

7,498

7,003

6,944

6,939

6,998

6,324

6,377

6,482

6,619

5,975

6,035

6,037

6,067

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term operating lease liabilities

6,601

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

1,757

1,444

3,764

3,416

1,233

1,228

2,889

3,428

1,042

1,173

2,275

1,653

1,376

1,509

5,098

4,059

3,088

2,941

8,270

3,974

2,909

2,246

4,841

3,195

3,424

2,584

0

154

1,067

21,486

4,171

1,910

7,983

6,048

11,609

6,472

7,216

4,083

1,538

4,082

Other accrued liabilities

13,108

18,685

20,434

20,605

11,887

12,686

15,498

16,026

18,797

20,496

19,354

24,751

32,890

12,999

17,796

17,528

22,529

21,465

21,723

24,873

29,992

25,936

24,634

23,510

27,732

29,345

37,626

29,480

35,433

39,876

37,630

41,126

39,230

35,728

37,378

36,987

39,182

36,148

34,217

24,369

Short-term deferred revenue

161,049

157,494

143,972

135,929

130,569

123,210

131,854

135,202

144,573

132,538

131,932

133,254

136,919

128,960

129,354

133,006

136,159

125,227

124,285

127,037

123,005

92,557

93,086

98,413

106,482

96,393

96,534

102,094

115,564

103,925

129,606

146,882

162,552

145,727

144,713

149,888

158,088

138,961

134,334

141,243

Liabilities held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4,012

0

25,285

5,265

-

-

0

-

-

-

-

-

-

Total current liabilities

230,722

240,885

215,332

204,199

182,028

186,034

188,217

194,863

203,032

208,018

206,105

210,242

221,169

203,738

195,987

195,424

203,407

199,916

197,391

196,391

193,815

153,303

148,176

150,159

162,134

164,579

163,770

165,387

181,136

240,154

217,466

230,409

246,085

226,144

228,438

231,096

239,042

237,676

213,505

226,924

Long-term debt, net

280,382

284,002

287,622

291,194

108,042

110,270

111,725

113,180

114,635

116,090

108,303

111,964

115,625

120,000

123,750

127,500

131,250

135,000

136,875

138,750

140,625

0

-

-

-

-

-

-

-

-

-

-

-

-

-

73

182

276

377

664

Long-term operating lease liabilities

21,049

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term deferred revenue

19,749

19,752

16,554

14,476

11,614

12,730

12,975

12,586

9,655

9,750

8,774

8,820

10,032

8,801

8,529

9,229

8,512

8,844

6,711

2,588

2,883

3,683

2,193

2,533

745

1,144

1,044

1,293

1,284

2,817

5,343

5,517

5,069

6,619

5,026

5,222

4,777

2,908

3,342

4,511

Deferred tax liabilities

3

3

89

70

2,665

5,799

1,323

1,228

2,163

2,809

5,793

7,798

3,022

3,901

6,149

6,918

7,348

7,112

9,643

9,703

9,869

0

353

355

338

340

477

515

535

1,032

1,499

1,508

1,581

1,533

2,481

2,480

2,431

2,378

3,262

3,445

Other noncurrent liabilities

10,320

6,347

7,376

4,619

4,840

5,315

5,720

5,979

6,003

5,967

5,239

5,404

5,097

11,758

3,785

3,756

3,715

3,787

6,272

6,587

4,330

2,525

1,645

1,776

2,543

2,470

1,944

1,660

1,603

2,575

2,574

2,333

2,715

4,857

3,787

4,435

4,752

5,253

6,696

7,854

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

0

0

0

-

0

-

-

Shareholders’ equity:
Preferred stock, $0.01 par value; authorized, 10,000,000 shares; issued, none

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

329,405

0

-

-

-

0

-

0

Common stock, $0.01 par value, and additional paid-in capital; authorized, 200,000,000 shares; issued and outstanding, 45,036,441 shares in 2019 and 45,114,935 shares in 2018

-

-

-

-

-

451

-

-

-

473

-

-

-

485

-

-

-

506

-

-

-

507

-

-

-

515

-

-

264,810

596

-

-

-

619

-

-

-

-

-

-

Common stock, $0.01 par value, and additional paid-in capital; authorized, 200,000,000 shares; issued and outstanding, 44,769,310 shares in 2020 and 45,036,441 shares in 2019

296,699

295,953

289,488

282,193

272,854

266,602

263,255

258,696

255,047

249,363

246,628

242,331

239,759

239,011

237,136

231,043

232,233

227,424

223,299

212,157

215,140

209,271

200,681

200,003

208,771

204,792

214,915

232,838

-

299,737

352,773

342,087

-

308,602

340,118

366,204

362,439

347,604

314,563

247,265

Retained earnings

64,475

64,303

76,486

61,744

60,462

85,125

68,329

74,655

107,800

145,247

162,139

173,617

173,689

195,694

281,303

282,918

316,082

319,162

328,632

332,757

342,136

347,193

332,729

318,523

315,903

320,006

304,440

309,400

331,006

348,830

326,671

317,457

324,025

327,542

330,910

350,719

352,209

340,728

318,575

308,187

Accumulated other comprehensive loss

-33,217

-29,974

-33,022

-28,590

-26,614

-28,176

-26,112

-24,214

-15,195

-18,999

-17,165

-23,112

-27,262

-28,561

-23,860

-22,558

-25,679

-24,628

-22,189

-21,915

-19,206

-13,726

-9,133

-

-

-11,659

-

-

-

-10,764

-

-

-

-11,653

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

327,957

330,282

332,952

315,347

306,702

324,002

305,472

309,137

347,652

376,084

391,602

392,836

386,186

406,629

494,579

491,403

522,636

522,464

529,742

522,999

538,070

543,245

524,277

518,526

524,674

513,654

519,355

542,238

595,816

638,399

679,444

659,544

653,430

625,110

671,028

716,923

714,648

688,332

633,138

555,452

Total liabilities and shareholders’ equity

890,182

881,271

859,925

829,905

615,891

644,150

625,432

636,973

683,140

718,718

725,816

737,064

741,131

754,827

832,779

834,230

876,868

877,123

886,634

877,018

889,592

702,756

676,644

673,349

690,434

682,187

686,590

711,093

780,374

884,977

906,326

899,311

908,880

864,263

910,760

960,229

965,832

936,823

860,320

798,850