Westell technologies inc (WSTL)
Balance Sheet / Yearly
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'11Mar'11
Assets:
Current assets:
Cash and cash equivalents

21,990

21,716

24,077

25,457

27,065

28,471

24,497

24,963

21,492

19,200

23,688

21,778

23,842

20,917

15,178

19,169

33,559

32,878

20,847

14,026

17,699

27,920

33,689

35,793

69,649

68,751

62,871

88,233

89,823

96,427

108,819

120,832

121,252

89,026

102,331

86,408

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

460

2,000

2,500

4,104

4,838

7,452

7,451

7,449

3,350

3,350

-

Short-term investments

-

-

-

-

0

0

1,346

2,779

4,537

5,011

-

0

0

0

10,090

10,555

1,242

3,476

16,071

23,906

25,222

20,370

13,128

15,584

17,159

12,320

17,993

24,349

25,223

23,132

15,591

14,455

20,709

18,846

5,155

490

Accounts receivable (net of allowance of $100 at December 31, 2019, and March 31, 2019)

4,933

5,033

5,806

6,865

6,980

6,957

10,571

8,872

11,070

11,038

10,337

12,075

11,212

13,639

10,885

16,361

12,626

17,130

14,452

11,845

7,132

11,925

16,913

15,831

12,357

21,369

12,881

6,689

4,936

5,944

6,056

5,710

5,426

17,900

19,195

24,252

Inventories

7,622

8,318

9,943

9,801

10,163

10,370

9,727

9,222

9,464

9,983

12,190

12,511

12,989

12,678

13,732

13,498

14,071

12,196

14,785

16,205

22,909

22,263

23,063

24,056

20,544

17,670

17,103

12,223

11,507

9,978

10,374

9,906

11,109

11,691

11,605

12,955

Prepaid expenses and other current assets

1,703

1,839

1,673

1,706

1,169

1,131

1,283

816

864

1,034

1,181

1,409

1,407

1,923

1,780

1,900

2,519

2,470

3,423

3,285

2,729

2,046

2,220

1,952

1,991

2,065

2,089

1,804

2,620

2,259

1,458

1,456

2,818

2,274

3,507

3,156

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,030

1,028

-

875

899

899

1,449

-

-

-

0

2,576

2,576

2,575

1,859

6,985

8,000

8,000

18,700

Land held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

264

-

-

-

264

-

-

-

0

-

-

-

-

-

-

-

-

Assets available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,044

1,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,044

-

1,044

1,044

1,044

-

-

-

-

-

-

-

-

4,781

Total current assets

36,248

36,906

41,499

43,829

45,377

46,929

47,424

46,652

47,427

46,266

47,396

47,773

49,450

49,157

51,665

61,483

64,017

69,180

70,606

69,531

77,610

86,467

90,956

94,929

122,744

123,679

115,981

135,798

140,789

145,154

152,325

161,669

175,748

151,087

153,143

150,742

Land

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

780

-

-

-

-

-

-

-

-

-

-

-

-

Machinery and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,413

-

-

1,404

1,162

1,153

1,065

1,172

1,174

1,249

12,979

13,031

13,024

Office, computer and research equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,039

-

-

8,717

8,659

8,750

8,713

8,886

8,837

10,407

11,860

12,096

15,583

Leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,450

-

-

7,525

7,515

7,514

7,491

7,715

7,720

7,715

9,401

9,422

9,381

Land, property and equipment, gross

8,146

8,107

8,123

8,109

8,183

8,063

8,239

8,381

9,023

9,065

16,190

16,062

16,214

16,185

16,180

17,198

17,762

17,515

16,538

16,084

19,420

18,801

18,626

18,682

17,689

17,775

17,646

17,336

17,417

17,269

17,773

17,731

19,371

34,240

34,549

37,988

Less accumulated depreciation and amortization

7,073

7,011

6,954

6,811

6,749

6,600

6,741

6,780

7,393

7,267

14,280

14,078

14,002

13,731

13,371

13,221

13,471

13,047

12,778

12,481

16,486

16,204

16,220

16,001

16,422

16,523

16,399

16,255

16,274

16,153

16,655

16,534

18,042

31,189

31,383

34,738

Land, property and equipment, net

1,073

1,096

1,169

1,298

1,434

1,463

1,498

1,601

1,630

1,798

1,910

1,984

2,212

2,454

2,809

3,977

4,291

4,468

3,760

3,603

2,934

2,597

2,406

2,681

1,267

1,252

1,247

1,081

1,143

1,116

1,118

1,197

1,329

3,051

3,166

3,250

Finite-Lived Intangible Assets, Net

-

-

-

-

-

-

-

11,435

-

-

-

15,624

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20,783

31,682

31,997

8,025

8,025

7,971

0

2,860

2,860

2,388

801

787

2,144

2,204

2,197

Intangible assets, net

4,141

4,547

2,970

3,278

8,783

9,613

10,445

-

12,482

13,529

14,576

-

16,775

17,987

19,188

20,388

21,693

23,110

24,543

25,942

27,461

29,023

30,307

32,319

17,447

18,184

20,402

5,063

5,299

5,535

6,093

2,728

2,839

3,061

3,319

3,473

Right-of-use assets on operating leases, net

810

699

1,111

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Taxes Receivable

-

-

-

-

697

697

697

-

697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,719

32,016

31,001

30,740

27,629

40,091

40,383

41,467

Other non-current assets

257

431

484

492

63

73

74

771

80

87

153

160

190

168

173

183

108

140

184

258

250

313

350

393

435

478

441

495

509

559

675

291

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

248

258

Total assets

42,529

43,679

47,233

48,897

56,354

58,775

60,138

60,459

62,316

61,680

64,035

65,541

68,627

69,766

73,835

86,031

90,109

96,898

99,093

99,334

108,255

139,183

155,701

162,319

149,918

151,618

146,042

142,437

184,319

187,240

193,600

197,426

208,332

199,608

202,463

201,387

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable

2,821

2,742

2,250

2,313

2,936

2,822

2,256

1,903

2,494

3,210

5,027

4,163

6,417

4,619

5,087

7,856

7,288

7,643

7,004

4,011

4,536

6,598

8,205

7,508

6,471

10,502

6,906

4,126

4,116

2,998

3,033

3,142

4,063

10,258

9,508

23,664

Accrued expenses

3,422

4,162

4,046

3,567

2,854

3,235

3,053

3,280

3,528

3,823

3,678

4,273

3,222

3,570

3,879

6,243

3,748

3,904

3,870

4,602

3,083

3,378

3,270

4,365

2,535

2,340

3,147

2,957

3,424

2,871

2,102

2,125

3,940

5,247

4,278

4,552

Accrued restructuring

-

-

-

-

0

0

14

63

166

415

738

1,171

1,755

2,951

1,090

1,537

1,092

1,092

1,092

1,161

-

-

-

57

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,053

-

Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

814

1,397

1,546

-

2,189

2,299

1,589

974

959

1,382

1,821

4,395

2,994

2,986

2,135

996

1,128

1,183

1,595

1,203

1,992

1,942

2,247

4,883

Contingent consideration payable

-

-

-

-

-

-

-

-

-

-

-

-

0

0

47

-

714

1,030

1,265

1,184

727

1,151

1,609

2,067

-

-

-

0

-

-

-

-

-

-

-

-

Contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,793

1,323

-

-

-

-

-

-

-

-

-

-

Deferred revenue

1,314

624

950

1,217

679

1,095

1,516

1,790

1,931

1,055

1,776

2,359

2,276

1,318

989

1,601

1,199

1,217

1,859

2,415

519

920

1,395

1,774

236

1,116

859

0

-

-

-

-

-

-

215

-

Liabilities held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,288

Total current liabilities

7,557

7,528

7,246

7,097

6,469

7,152

6,839

7,036

8,119

8,503

11,219

11,966

14,484

13,855

12,638

17,237

16,230

17,185

16,679

14,347

9,824

13,429

16,300

20,166

14,029

18,267

13,047

8,079

8,668

7,052

6,730

6,470

9,995

17,447

19,301

34,387

Deferred revenue non-current

268

330

393

444

514

557

599

846

912

929

1,008

1,102

1,247

1,388

1,400

1,236

1,154

1,104

1,032

751

772

999

740

787

738

669

513

0

-

-

-

-

-

-

-

-

Net deferred income tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

46

-

-

-

1,622

-

-

-

305

-

-

-

-

-

-

-

-

Net deferred income tax liability

-

-

-

-

-

-

-

-

-

-

7

-

30

24

12

-

75

1,133

1,184

-

1,045

1,045

1,072

-

40

39

33

-

-

-

-

-

-

-

-

-

Accrued restructuring non-current

-

-

-

-

-

-

-

-

0

0

15

63

111

192

271

550

827

1,099

1,372

1,642

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Contingent consideration non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

169

400

811

622

468

574

-

-

-

2,333

-

-

-

-

-

-

-

-

Contingent consideration non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

169

-

811

622

468

574

-

-

-

2,333

-

-

-

-

-

-

-

-

Accrual for uncertain tax benefits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,483

-

-

-

-

Tax contingency reserve long-term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,484

3,484

3,484

-

-

-

-

-

Contingent consideration non-current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

785

1,212

2,135

-

2,221

2,332

2,546

-

-

-

-

-

Other non-current liabilities

379

102

500

176

232

241

229

282

341

317

228

236

257

249

276

314

333

352

376

409

527

546

494

528

1,068

1,078

1,889

643

968

1,001

1,014

1,109

5,205

5,264

7,461

7,719

Total liabilities

8,204

7,960

8,139

7,717

7,215

7,950

7,667

8,164

9,372

9,749

12,477

13,367

16,129

15,708

14,597

19,347

18,619

20,873

20,812

17,595

12,979

16,641

19,074

23,677

16,660

21,265

17,617

11,360

15,341

13,869

13,774

11,062

15,200

22,711

26,762

42,106

Commitments and contingencies (Note 11)

-

-

-

-

-

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

Stockholders’ equity:
Preferred stock, par $0.01, Authorized - 1,000,000 shares. Issued and outstanding - 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

0

0

Additional paid-in capital

419,453

419,301

419,100

418,859

418,577

418,274

417,980

417,691

417,408

417,093

416,751

416,422

415,713

415,460

414,778

414,374

413,997

413,733

413,482

413,026

411,953

411,440

410,857

410,176

408,643

407,643

407,044

406,638

406,291

405,904

405,548

405,147

404,719

404,559

403,857

402,337

Treasury stock at cost – 5,214,597 and 5,122,414 shares at December 31, 2019, and March 31, 2019, respectively

37,325

37,323

37,307

37,135

36,941

36,510

36,311

35,907

35,891

35,790

35,708

35,335

35,318

35,313

35,257

35,174

35,153

35,151

35,115

35,066

34,897

34,892

34,790

34,206

34,165

34,143

34,143

33,848

33,758

30,955

26,265

21,173

16,362

12,651

10,163

3,854

Cumulative translation adjustment

-

-

-

-

-

-

-

-

0

0

608

608

607

608

608

608

608

608

608

608

608

608

608

608

608

608

608

608

608

608

532

619

534

532

-

965

Cumulative translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,040

-

Accumulated deficit

-347,960

-346,416

-342,855

-340,698

-332,652

-331,096

-329,355

-329,645

-328,729

-329,528

-330,248

-329,676

-329,120

-327,313

-321,503

-313,735

-308,572

-303,775

-301,302

-297,436

-282,991

-255,215

-240,648

-238,534

-242,421

-244,346

-245,674

-242,910

-204,752

-202,787

-200,612

-198,872

-196,424

-216,225

-219,723

-240,854

Total stockholders’ equity

34,325

35,719

39,094

41,180

49,139

50,825

52,471

52,295

52,944

51,931

51,558

52,174

52,498

54,058

59,238

66,684

71,490

76,025

78,281

81,739

95,276

122,542

136,627

138,642

133,258

130,353

128,425

131,077

168,978

173,371

179,826

186,364

193,132

176,897

175,701

159,281

Total liabilities and stockholders’ equity

42,529

43,679

47,233

48,897

56,354

58,775

60,138

60,459

62,316

61,680

64,035

65,541

68,627

69,766

73,835

86,031

90,109

96,898

99,093

99,334

108,255

139,183

155,701

162,319

149,918

151,618

146,042

142,437

184,319

187,240

193,600

197,426

208,332

199,608

202,463

201,387

Class A Common Stock
Common stock, value

122

122

121

119

120

-

-

121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common Stock
Common stock, value

35

35

35

35

35

-

-

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-