Xperi corporation (XPER)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Dec'15
ASSETS
Current assets:
Cash and cash equivalents

108,405

74,551

75,717

50,508

76,489

113,625

51,866

55,804

34,966

138,260

88,535

74,415

60,548

65,626

22,599

Short-term investments

33,677

45,802

46,751

47,810

31,000

40,739

53,569

39,449

45,824

62,432

60,225

53,533

53,138

47,379

359,145

Equity securities

35,181

3,725

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for credit losses of $2,510 and $566 respectively

30,835

24,177

21,015

26,495

42,043

30,294

26,219

19,245

23,107

17,010

15,228

32,603

22,995

15,863

1,784

Unbilled contracts receivable

126,679

121,826

146,493

169,811

168,442

195,436

154,417

175,315

204,765

10,866

13,167

15,516

17,853

51,923

0

Other current assets

13,507

13,735

15,329

13,210

17,233

17,434

17,029

16,422

17,364

16,949

16,887

15,961

15,084

19,150

28,130

Total current assets

313,493

281,215

305,305

307,834

335,207

397,528

303,100

306,235

326,026

245,517

194,042

192,028

169,618

199,941

411,658

Long-term unbilled contracts receivable

27,557

26,672

35,459

43,699

63,153

86,280

59,797

65,013

71,331

2,930

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

8,540

8,469

8,469

-

-

Property and equipment, net

31,836

32,877

33,807

34,120

30,227

31,037

31,769

32,984

33,423

34,442

35,901

37,172

37,586

38,855

3,748

Operating lease right-of-use assets

16,455

17,786

18,655

19,600

17,221

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

209,766

232,275

251,802

276,948

302,261

327,720

353,847

378,055

404,623

431,789

457,405

485,174

513,325

541,879

95,089

Long-term deferred tax assets

3,675

3,660

-

-

-

3,677

-

-

-

5,156

-

-

-

2,742

15,649

Goodwill

385,784

385,784

385,784

385,784

385,784

385,784

385,784

385,784

385,574

385,574

385,574

386,413

386,413

382,963

10,136

Other assets

68,643

67,676

7,336

6,752

5,008

3,081

5,479

4,959

5,383

4,616

18,234

16,150

27,892

20,056

3,072

Total assets

1,057,209

1,047,945

1,038,148

1,074,737

1,138,861

1,235,107

1,139,776

1,173,030

1,226,360

1,110,024

1,099,696

1,125,406

1,143,303

1,186,436

539,352

LIABILITIES AND EQUITY
Current liabilities:
Accounts payable

3,890

4,650

3,390

4,485

1,773

2,764

3,361

2,790

3,624

4,233

6,273

6,580

4,239

7,531

1,090

Accrued legal fees

1,917

1,316

1,640

2,480

2,032

2,920

6,865

7,503

6,696

7,483

5,021

6,164

9,004

7,505

2,621

Accrued liabilities

35,284

41,433

32,001

32,795

32,975

45,336

30,513

24,254

30,785

47,969

39,711

36,723

29,391

29,086

10,262

Current portion of long-term debt

-

-

-

-

-

-

0

0

0

34,451

6,000

6,000

6,000

6,000

0

Deferred revenue

2,171

720

710

835

2,828

3,130

452

4,106

4,597

2,686

4,578

3,968

2,827

895

6,805

Total current liabilities

43,262

48,119

37,741

40,595

39,608

54,150

41,191

38,653

45,702

96,822

61,583

59,435

51,461

51,017

20,778

Long-term deferred tax liabilities

29,585

29,735

23,092

41,035

49,051

64,994

58,112

64,545

72,564

15,085

9,589

15,972

803

32,565

255

Long-term debt, net

335,293

334,679

384,065

383,450

432,834

482,193

481,574

480,952

480,330

545,211

574,557

575,451

576,345

577,239

0

Noncurrent operating lease liabilities

12,345

13,414

14,383

15,355

13,580

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

75,073

76,898

15,908

15,813

15,718

15,623

17,089

17,532

17,403

17,330

17,792

17,697

17,708

17,830

3,162

Total liabilities

495,558

502,845

475,189

496,248

550,791

616,960

-

-

-

674,448

-

-

-

-

-

Commitments and contingencies (Note 14)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

Xperi stockholders’ equity:
Preferred stock: $0.001 par value; 10,000 shares authorized and no shares issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock: $0.001 par value; 150,000 shares authorized; 64,716 and 63,622 shares issued, respectively, and 50,530 and 49,620 shares outstanding, respectively

65

64

63

63

63

62

62

62

61

60

60

60

60

59

58

Additional paid-in capital

779,500

768,284

759,541

749,187

741,703

730,695

721,939

712,687

698,297

686,660

677,133

665,633

656,670

644,194

599,186

Treasury stock at cost: 14,186 and 14,002 shares of common stock at each period end, respectively

371,845

368,701

368,477

368,459

367,326

364,195

359,936

352,667

337,258

319,397

313,645

303,525

303,365

300,114

229,513

Accumulated other comprehensive loss

-327

-53

-7

-60

-150

-328

-382

-456

-520

-303

-110

-94

-110

-148

-1,437

Retained earnings

157,617

148,317

174,243

199,759

215,444

253,208

180,127

211,722

249,781

68,556

72,737

94,777

143,731

163,794

146,863

Total Xperi stockholders’ equity

565,010

547,911

565,363

580,490

589,734

619,442

541,810

571,348

610,361

435,576

436,175

456,851

496,986

507,785

515,157

Noncontrolling interest

-3,359

-2,811

-2,404

-2,001

-1,664

-1,295

-

-

-

-

-

-

-

-

-

Total equity

561,651

545,100

562,959

578,489

588,070

618,147

-

-

-

435,576

-

-

-

-

-

Total liabilities and equity

1,057,209

1,047,945

1,038,148

1,074,737

1,138,861

1,235,107

1,139,776

1,173,030

1,226,360

1,110,024

1,099,696

1,125,406

1,143,303

1,186,436

539,352

Equity securities
Equity securities

390

1,124

-

-

-

-

-

-

-

-

-

-

-

-

-