Altair Engineering Inc(NASDAQ:ALTR)
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. The company operates through two segments, Software and Client Engineering Services. Its softw...
Website: http://www.altair.com
Founded: 1985
Full Time Employees: 2,950
Sector: Technology
Industry: Software-Infrastructure
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
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revenue | ||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||
license | 131,943,000 | 92,939,000 | 92,699,000 | 117,707,000 | 113,172,000 | 79,825,000 | 87,738,000 | 112,409,000 | 107,418,000 | 67,245,000 | 82,688,000 | 106,169,000 | 94,178,000 | 67,603,000 | 66,632,000 | 96,395,000 | 76,381,000 | 55,023,000 | 51,018,000 | 77,543,000 | 64,194,000 | 46,853,000 | 56,653,000 | 76,621,000 | ||||||
maintenance and other services | 47,433,000 | 45,733,000 | 42,724,000 | 40,722,000 | 42,761,000 | 39,252,000 | 37,583,000 | 37,234,000 | 37,535,000 | 36,520,000 | 34,205,000 | 34,728,000 | 28,180,000 | 34,686,000 | 32,926,000 | 33,146,000 | 37,244,000 | 32,787,000 | 30,815,000 | 30,900,000 | 36,993,000 | 30,963,000 | 27,755,000 | 26,670,000 | ||||||
total software | 179,376,000 | 138,672,000 | 135,423,000 | 158,429,000 | 155,933,000 | 119,077,000 | 125,321,000 | 149,643,000 | 144,953,000 | 103,765,000 | 116,893,000 | 140,897,000 | 122,358,000 | 102,289,000 | 99,558,000 | 129,541,000 | 113,625,000 | 87,810,000 | 81,833,000 | 108,443,000 | 101,187,000 | 77,816,000 | 84,408,000 | 103,291,000 | 65,231,000 | 79,994,000 | 81,520,000 | 77,616,000 | 77,560,000 | 71,782,000 |
engineering services and other | 13,255,000 | 12,778,000 | 13,372,000 | 14,483,000 | ||||||||||||||||||||||||||
total revenue | 192,631,000 | 151,450,000 | 148,795,000 | 172,912,000 | 171,503,000 | 134,003,000 | 141,161,000 | 166,034,000 | 160,433,000 | 119,351,000 | 132,656,000 | 159,781,000 | 140,797,000 | 121,307,000 | 119,912,000 | 150,163,000 | 133,441,000 | 106,456,000 | 98,561,000 | 131,463,000 | 123,877,000 | 100,406,000 | 106,773,000 | 127,859,000 | 115,211,000 | 93,871,000 | 95,566,000 | 91,731,000 | 89,867,000 | 84,938,000 |
cost of revenue | ||||||||||||||||||||||||||||||
total cost of revenue | 33,379,000 | 30,015,000 | 30,516,000 | 30,893,000 | 29,173,000 | 29,086,000 | 30,797,000 | 32,735,000 | 33,854,000 | 27,909,000 | 29,523,000 | 31,603,000 | 32,797,000 | 31,501,000 | 31,946,000 | 33,422,000 | 32,691,000 | 29,036,000 | 25,081,000 | 34,497,000 | 36,950,000 | 31,741,000 | 31,023,000 | 32,885,000 | 30,271,000 | 27,204,000 | 29,456,000 | 29,042,000 | 26,617,000 | 26,302,000 |
gross profit | 159,252,000 | 121,435,000 | 118,279,000 | 142,019,000 | 142,330,000 | 104,917,000 | 110,364,000 | 133,299,000 | 126,579,000 | 91,442,000 | 103,133,000 | 128,178,000 | 108,000,000 | 89,806,000 | 87,966,000 | 116,741,000 | 100,750,000 | 77,420,000 | 73,480,000 | 96,966,000 | 86,927,000 | 68,665,000 | 75,750,000 | 94,974,000 | 84,940,000 | 66,667,000 | 66,110,000 | 62,689,000 | 63,250,000 | 58,636,000 |
yoy | 11.89% | 15.74% | 7.17% | 6.54% | 12.44% | 14.74% | 7.01% | 4.00% | 17.20% | 1.82% | 17.24% | 9.80% | 7.20% | 16.00% | 19.71% | 20.39% | 15.90% | 12.75% | -3.00% | 2.10% | 2.34% | 3.00% | 14.58% | 51.50% | 34.29% | 13.70% | ||||
qoq | 31.14% | 2.67% | -16.72% | -0.22% | 35.66% | -4.94% | -17.21% | 5.31% | 38.43% | -11.34% | -19.54% | 18.68% | 20.26% | 2.09% | -24.65% | 15.87% | 30.13% | 5.36% | -24.22% | 11.55% | 26.60% | -9.35% | -20.24% | 11.81% | 27.41% | 0.84% | 5.46% | -0.89% | 7.87% | |
gross margin % | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
operating expenses: | ||||||||||||||||||||||||||||||
research and development | 57,147,000 | 56,111,000 | 55,570,000 | 52,333,000 | 52,519,000 | 51,598,000 | 55,277,000 | 53,251,000 | 47,511,000 | 48,781,000 | 46,477,000 | 43,094,000 | 38,177,000 | 35,839,000 | 38,757,000 | 38,276,000 | 34,966,000 | 30,678,000 | 28,970,000 | 31,467,000 | 30,498,000 | 29,667,000 | 29,829,000 | 27,516,000 | 25,844,000 | 24,301,000 | 24,744,000 | 22,703,000 | 24,036,000 | 27,590,000 |
sales and marketing | 47,812,000 | 45,559,000 | 46,475,000 | 44,434,000 | 43,595,000 | 44,069,000 | 44,982,000 | 43,492,000 | 41,203,000 | 39,244,000 | 39,116,000 | 35,682,000 | 38,182,000 | 30,589,000 | 31,909,000 | 32,070,000 | 30,537,000 | 26,998,000 | 25,806,000 | 28,099,000 | 27,589,000 | 25,790,000 | 26,221,000 | 26,451,000 | 21,842,000 | 19,275,000 | 20,183,000 | 18,977,000 | 21,275,000 | 22,345,000 |
general and administrative | 35,595,000 | 17,500,000 | 19,294,000 | 17,761,000 | 17,096,000 | 17,218,000 | 18,622,000 | 17,951,000 | 24,993,000 | 24,677,000 | 24,367,000 | 23,569,000 | 23,517,000 | 22,196,000 | 21,861,000 | 23,926,000 | 22,933,000 | 20,905,000 | 20,248,000 | 22,346,000 | 21,292,000 | 20,706,000 | 19,851,000 | 20,329,000 | 28,115,000 | 17,234,000 | 17,412,000 | 16,990,000 | 21,514,000 | 29,175,000 |
amortization of intangible assets | 8,709,000 | 9,246,000 | 7,629,000 | 7,438,000 | 7,708,000 | 7,704,000 | 7,625,000 | 7,814,000 | 8,828,000 | 6,571,000 | 6,208,000 | 5,903,000 | 4,433,000 | 4,432,000 | 4,615,000 | 4,877,000 | 4,986,000 | 3,858,000 | 3,692,000 | 3,840,000 | 3,769,000 | 3,545,000 | 3,600,000 | 3,528,000 | 2,074,000 | 1,739,000 | 1,986,000 | 1,940,000 | 2,161,000 | 1,189,000 |
other operating income | -976,000 | -2,669,000 | -786,000 | -882,000 | -1,178,000 | -4,408,000 | 127,000 | 5,605,000 | -572,000 | -2,835,000 | -5,767,000 | -781,000 | -956,000 | -1,324,000 | -585,000 | -617,000 | 5,000 | -1,596,000 | -944,000 | -891,000 | -370,000 | -536,000 | -549,000 | -617,000 | -2,164,000 | -4,850,000 | -392,000 | -2,191,000 | -2,555,000 | -735,000 |
total operating expenses | 148,287,000 | 125,747,000 | 128,182,000 | 121,084,000 | 119,740,000 | 116,181,000 | 126,633,000 | 128,113,000 | 121,963,000 | 116,438,000 | 110,401,000 | 107,467,000 | 103,353,000 | 91,732,000 | 96,557,000 | 98,532,000 | 93,427,000 | 80,843,000 | 77,772,000 | 84,861,000 | 82,778,000 | 79,172,000 | 78,952,000 | 77,207,000 | 75,711,000 | 57,699,000 | 63,933,000 | 58,419,000 | 66,431,000 | 79,564,000 |
operating income | 10,965,000 | -4,312,000 | -9,903,000 | 20,935,000 | 22,590,000 | -11,264,000 | -16,269,000 | 5,186,000 | 4,616,000 | -24,996,000 | -7,268,000 | 20,711,000 | 4,647,000 | -1,926,000 | -8,591,000 | 18,209,000 | 7,323,000 | -3,423,000 | -4,292,000 | 12,105,000 | 4,149,000 | -10,507,000 | -3,202,000 | 17,767,000 | 9,229,000 | 8,968,000 | 2,177,000 | 4,270,000 | -3,181,000 | -20,928,000 |
yoy | -51.46% | -61.72% | -39.13% | 303.68% | 389.38% | -54.94% | 123.84% | -74.96% | -0.67% | 1197.82% | -15.40% | 13.74% | -36.54% | -43.73% | 100.16% | 50.43% | 76.50% | -67.42% | 34.04% | -31.87% | -55.04% | -217.16% | -247.08% | 316.09% | -390.13% | -142.85% | ||||
qoq | -354.29% | -56.46% | -147.30% | -7.33% | -300.55% | -30.76% | -413.71% | 12.35% | -118.47% | 243.92% | -135.09% | 345.69% | -341.28% | -77.58% | -147.18% | 148.65% | -313.94% | -20.25% | -135.46% | 191.76% | -139.49% | 228.14% | -118.02% | 92.51% | 2.91% | 311.94% | -49.02% | -234.23% | -84.80% | |
operating margin % | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% |
interest expense | 1,339,000 | 1,317,000 | 1,604,000 | 1,576,000 | 1,533,000 | 1,529,000 | 1,528,000 | 1,526,000 | 1,526,000 | 1,566,000 | 700,000 | 585,000 | 3,067,000 | 3,037,000 | 2,988,000 | 2,973,000 | 3,008,000 | 2,934,000 | 2,843,000 | 2,813,000 | 2,785,000 | 2,726,000 | 590,000 | 270,000 | 108,000 | 31,000 | 45,000 | 16,000 | 367,000 | 634,000 |
other income | -316,000 | -10,758,000 | -5,750,000 | -3,957,000 | -8,794,000 | -1,890,000 | -4,195,000 | -3,613,000 | -9,183,000 | 2,107,000 | 21,907,000 | 2,068,000 | -1,105,000 | 124,000 | 708,000 | 835,000 | -65,000 | -782,000 | 320,000 | -1,390,000 | -849,000 | -588,000 | -505,000 | 390,000 | -534,000 | -970,000 | -176,000 | -900,000 | 156,000 | 52,000 |
income before income taxes | 9,942,000 | 5,129,000 | -5,757,000 | 23,316,000 | 29,851,000 | -10,903,000 | -13,602,000 | 7,273,000 | 12,273,000 | -28,669,000 | -29,875,000 | 18,058,000 | 2,685,000 | -5,087,000 | -12,287,000 | 14,401,000 | 4,380,000 | -5,575,000 | -7,455,000 | 10,682,000 | 2,213,000 | -12,645,000 | -3,287,000 | 17,107,000 | 9,655,000 | 9,907,000 | 2,308,000 | 5,154,000 | ||
income tax benefit | 2,377,250 | 3,350,000 | 2,768,000 | 795,000 | 1,234,000 | 1,588,250 | 8,012,000 | |||||||||||||||||||||||
net income | 996,000 | 1,779,000 | -5,147,000 | 16,547,000 | 19,675,000 | -4,362,000 | -22,280,000 | -1,959,000 | 12,065,000 | -33,248,000 | -33,774,000 | 11,528,000 | -1,397,000 | -8,109,000 | -13,648,000 | 14,360,000 | 2,198,000 | -8,505,000 | -10,223,000 | 6,030,000 | -1,502,000 | -15,939,000 | -3,120,000 | 13,019,000 | 975,000 | 7,307,000 | 1,513,000 | 3,920,000 | -60,347,000 | -29,626,000 |
yoy | -94.94% | -140.78% | -76.90% | -944.67% | 63.08% | -86.88% | -34.03% | -116.99% | -963.64% | 310.01% | 147.46% | -19.72% | -163.56% | -4.66% | 33.50% | 138.14% | -246.34% | -46.64% | 227.66% | -53.68% | -254.05% | -318.13% | -306.21% | 232.12% | -101.62% | -124.66% | ||||
qoq | -44.01% | -134.56% | -131.11% | -15.90% | -551.05% | -80.42% | 1037.31% | -116.24% | -136.29% | -1.56% | -392.97% | -925.20% | -82.77% | -40.58% | -195.04% | 553.32% | -125.84% | -16.81% | -269.54% | -501.46% | -90.58% | 410.87% | -123.96% | 1235.28% | -86.66% | 382.95% | -61.40% | -106.50% | 103.70% | |
net income margin % | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% |
earnings per share, basic | ||||||||||||||||||||||||||||||
earnings per share | 0.04 | 0.02 | -0.06 | |||||||||||||||||||||||||||
weighted-average shares | 84,085 | 84,835 | 83,607 | |||||||||||||||||||||||||||
earnings per share, diluted | ||||||||||||||||||||||||||||||
income tax (benefit) expense | -610,000 | 2,842,250 | -6,541,000 | -167,000 | ||||||||||||||||||||||||||
income tax expense | 6,769,000 | 8,678,000 | 9,232,000 | 208,000 | 4,579,000 | 3,899,000 | 6,530,000 | 4,082,000 | 3,022,000 | 1,361,000 | 41,000 | 2,182,000 | 2,930,000 | 4,652,000 | 3,715,000 | 3,294,000 | 4,088,000 | 8,680,000 | 2,600,000 | |||||||||||
income per share: | ||||||||||||||||||||||||||||||
net income per share | 0.2 | 0.25 | -0.05 | -0.28 | -0.02 | 0.15 | -0.42 | -0.43 | 0.15 | -0.02 | -0.11 | -0.18 | 0.19 | 0.03 | -0.12 | -0.14 | 0.08 | -0.03 | -0.22 | -0.04 | 0.18 | 0.01 | 0.1 | 0.02 | 0.06 | -1.11 | -0.59 | |||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||
weighted-average number of shares used in computing net income per share, basic | 82,587 | 80,191 | 79,207 | 78,948 | 79,462 | 75,750 | 75,263 | 74,651 | 73,241 | 72,999 | 72,623 | 71,544 | 71,770 | 71,373 | 70,786 | 67,468 | 70,001 | 65,580 | 63,638 | 52,466 | 50,606 | |||||||||
weighted-average number of shares used in computing net income per share, diluted | 89,806 | 80,191 | 79,207 | 78,948 | 87,261 | 75,750 | 75,263 | 79,295 | 73,241 | 72,999 | 77,004 | 71,544 | 71,770 | 71,373 | 76,720 | 74,878 | 76,709 | 73,391 | 72,390 | 52,466 | 50,606 | |||||||||
software related services | 7,751,000 | 6,517,000 | 6,664,000 | 7,100,000 | 7,518,000 | 6,706,000 | 7,376,000 | 9,061,000 | 8,594,000 | 7,650,000 | 7,481,000 | 8,098,000 | 7,906,000 | 6,170,000 | 5,444,000 | 6,934,000 | 8,941,000 | 7,956,000 | 7,907,000 | 9,772,000 | 10,073,000 | 8,692,000 | 8,707,000 | 9,473,000 | 9,648,000 | 8,574,000 | ||||
total software and related services | 163,684,000 | 125,594,000 | 131,985,000 | 156,743,000 | 152,471,000 | 110,471,000 | 124,269,000 | 149,958,000 | 130,952,000 | 109,939,000 | 107,039,000 | 137,639,000 | 121,531,000 | 93,980,000 | 87,277,000 | 115,377,000 | 110,128,000 | 85,772,000 | 92,315,000 | 113,063,000 | ||||||||||
client engineering services | 6,561,000 | 7,126,000 | 8,034,000 | 7,776,000 | 6,469,000 | 7,355,000 | 7,047,000 | 8,012,000 | 8,277,000 | 10,060,000 | 10,268,000 | 10,677,000 | 9,934,000 | 10,868,000 | 9,640,000 | 13,878,000 | 11,722,000 | 12,803,000 | 12,412,000 | 12,050,000 | 11,200,000 | 12,155,000 | 12,417,000 | 12,080,000 | 10,439,000 | 11,477,000 | ||||
other | 1,258,000 | 1,283,000 | 1,142,000 | 1,515,000 | 1,493,000 | 1,525,000 | 1,340,000 | 1,811,000 | 1,568,000 | 1,308,000 | 2,605,000 | 1,847,000 | 1,976,000 | 1,608,000 | 1,644,000 | 2,208,000 | 2,027,000 | 1,831,000 | 2,046,000 | 2,746,000 | 1,835,000 | 1,722,000 | 1,629,000 | 2,035,000 | 1,868,000 | 1,679,000 | ||||
loss per share: | ||||||||||||||||||||||||||||||
weighted-average number of shares used in computing net income per share, basic and diluted | 80,596 | 80,431 | 79,986 | 79,472 | 76,179 | 73,311 | ||||||||||||||||||||||||
net (loss) imcome per share attributable to common stockholders, diluted | -0.18 | |||||||||||||||||||||||||||||
software | 53,064,500 | 71,302,000 | 72,813,000 | 68,143,000 | 67,912,000 | 63,208,000 | ||||||||||||||||||||||||
income before taxes | -8,176,750 | -21,614,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||
cash and cash equivalents | 561,898,000 | 513,371,000 | 507,008,000 | 557,605,000 | 467,459,000 | 431,188,000 | 418,338,000 | 378,377,000 | 316,146,000 | 311,853,000 | 416,137,000 | 405,578,000 | 413,743,000 | 455,858,000 | 260,098,000 | 243,364,000 | 241,221,000 | 245,364,000 | 250,540,000 | 247,145,000 | 223,117,000 | 246,937,000 | 251,828,000 | 39,771,000 | 35,345,000 | 197,413,000 | 199,230,000 | 63,196,000 | 39,213,000 | 16,667,000 |
accounts receivable | 173,509,000 | 121,345,000 | 126,560,000 | 127,870,000 | 190,461,000 | 121,855,000 | 124,260,000 | 130,636,000 | 170,279,000 | 119,921,000 | 103,483,000 | 112,444,000 | 137,561,000 | 88,701,000 | 91,570,000 | 107,112,000 | 117,878,000 | 88,514,000 | 79,185,000 | 87,665,000 | 104,984,000 | 84,062,000 | 85,758,000 | 88,358,000 | 96,803,000 | 69,046,000 | 73,793,000 | 83,350,000 | 86,635,000 | |
income tax receivable | 21,513,000 | 20,794,000 | 17,682,000 | 18,898,000 | 16,650,000 | 12,402,000 | 14,505,000 | 11,226,000 | 11,259,000 | 10,465,000 | 11,412,000 | 12,185,000 | 9,388,000 | 8,929,000 | 7,949,000 | 5,985,000 | 6,736,000 | 7,091,000 | 5,760,000 | 5,884,000 | 7,264,000 | 11,551,000 | 8,515,000 | 8,137,000 | 4,431,000 | 9,841,000 | 7,260,000 | 6,898,000 | 6,054,000 | 6,868,000 |
prepaid expenses and other current assets | 28,058,000 | 31,489,000 | 28,582,000 | 26,026,000 | 26,053,000 | 26,561,000 | 29,678,000 | 28,363,000 | 29,142,000 | 23,492,000 | 23,282,000 | 25,467,000 | 27,529,000 | 26,017,000 | 23,030,000 | 22,295,000 | 21,100,000 | 18,834,000 | 16,469,000 | 16,777,000 | 17,092,000 | 18,398,000 | 18,262,000 | 15,976,000 | 15,491,000 | 12,149,000 | 13,290,000 | 13,148,000 | 10,006,000 | 10,492,000 |
total current assets | 784,978,000 | 686,999,000 | 679,832,000 | 730,399,000 | 700,623,000 | 592,006,000 | 586,781,000 | 548,602,000 | 526,826,000 | 465,731,000 | 554,314,000 | 555,674,000 | 588,221,000 | 579,505,000 | 382,647,000 | 378,756,000 | 386,935,000 | 359,803,000 | 351,954,000 | 357,471,000 | 352,457,000 | 360,948,000 | 364,363,000 | 155,631,000 | 154,034,000 | 289,683,000 | 295,359,000 | 167,643,000 | 143,888,000 | 99,354,000 |
property and equipment | 41,008,000 | 40,908,000 | 38,463,000 | 38,837,000 | 39,803,000 | 38,167,000 | 39,107,000 | 38,260,000 | 37,517,000 | 38,938,000 | 39,370,000 | 40,188,000 | 40,478,000 | 38,711,000 | 39,610,000 | 39,143,000 | 36,332,000 | 34,401,000 | 34,456,000 | 35,449,000 | 36,297,000 | 33,720,000 | 34,050,000 | 33,524,000 | 30,153,000 | 29,679,000 | 30,112,000 | 30,501,000 | 31,446,000 | |
operating lease right of use assets | 31,117,000 | 31,856,000 | 31,816,000 | 30,175,000 | 30,759,000 | 32,132,000 | 30,284,000 | 33,297,000 | 33,601,000 | 32,627,000 | 24,977,000 | 27,910,000 | 28,494,000 | 30,916,000 | 33,395,000 | 33,568,000 | 33,526,000 | 33,302,000 | 32,598,000 | 25,321,000 | 28,134,000 | 26,507,000 | 28,878,000 | 29,892,000 | ||||||
goodwill | 462,459,000 | 476,209,000 | 459,070,000 | 454,953,000 | 458,125,000 | 452,822,000 | 453,093,000 | 451,170,000 | 449,048,000 | 455,211,000 | 385,989,000 | 379,320,000 | 370,178,000 | 268,888,000 | 262,963,000 | 262,090,000 | 264,481,000 | 270,651,000 | 233,486,000 | 229,795,000 | 233,683,000 | 210,500,000 | 212,087,000 | 210,714,000 | 210,532,000 | 62,905,000 | 63,263,000 | 63,771,000 | 62,706,000 | 68,891,000 |
other intangible assets | 72,937,000 | 84,904,000 | 77,537,000 | 75,357,000 | 83,550,000 | 86,491,000 | 94,642,000 | 101,586,000 | 107,609,000 | 86,080,000 | 90,327,000 | 93,345,000 | 99,057,000 | 61,540,000 | 66,637,000 | 70,912,000 | 76,114,000 | 56,741,000 | 58,177,000 | 61,358,000 | 67,075,000 | 60,956,000 | 64,874,000 | 68,469,000 | 69,836,000 | 22,329,000 | 24,846,000 | 22,813,000 | 24,461,000 | |
deferred tax assets | 8,770,000 | 9,661,000 | 9,120,000 | 9,699,000 | 9,955,000 | 8,046,000 | 8,183,000 | 9,675,000 | 9,727,000 | 7,605,000 | 7,943,000 | 8,228,000 | 8,495,000 | 8,221,000 | 8,265,000 | 8,476,000 | 7,125,000 | 5,631,000 | 5,661,000 | 5,620,000 | 5,791,000 | 5,870,000 | 5,901,000 | 1,978,000 | 1,373,000 | 7,837,000 | 8,113,000 | 8,824,000 | 8,351,000 | 69,135,000 |
other long-term assets | 44,378,000 | 47,331,000 | 40,119,000 | 40,491,000 | 40,678,000 | 42,327,000 | 43,717,000 | 43,582,000 | 40,410,000 | 38,736,000 | 25,588,000 | 29,025,000 | 28,352,000 | 26,702,000 | 26,699,000 | 24,968,000 | 25,389,000 | 19,174,000 | 20,514,000 | 19,640,000 | 19,708,000 | 18,199,000 | 19,567,000 | 18,658,000 | 17,288,000 | 15,580,000 | 16,077,000 | 17,270,000 | 17,019,000 | 18,843,000 |
total assets | 1,445,647,000 | 1,377,868,000 | 1,335,957,000 | 1,379,911,000 | 1,363,493,000 | 1,251,991,000 | 1,255,807,000 | 1,226,172,000 | 1,204,738,000 | 1,124,928,000 | 1,128,508,000 | 1,133,690,000 | 1,163,275,000 | 1,014,483,000 | 820,216,000 | 817,913,000 | 829,902,000 | 779,703,000 | 736,846,000 | 734,654,000 | 743,145,000 | 716,700,000 | 729,720,000 | 518,866,000 | 483,216,000 | 428,013,000 | 437,770,000 | 310,822,000 | 287,871,000 | 301,494,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||
accounts payable | 7,316,000 | 3,607,000 | 4,002,000 | 6,522,000 | 8,995,000 | 5,159,000 | 4,682,000 | 6,014,000 | 10,434,000 | 6,235,000 | 4,962,000 | 6,061,000 | 6,647,000 | 4,900,000 | 6,515,000 | 6,671,000 | 8,594,000 | 5,413,000 | 4,780,000 | 5,625,000 | 8,585,000 | 8,286,000 | 6,462,000 | 6,569,000 | 8,357,000 | 5,592,000 | 5,957,000 | 5,650,000 | 4,880,000 | 3,987,000 |
accrued compensation and benefits | 50,328,000 | 43,497,000 | 39,819,000 | 35,911,000 | 45,081,000 | 39,468,000 | 35,951,000 | 30,341,000 | 42,456,000 | 37,036,000 | 31,084,000 | 35,038,000 | 42,307,000 | 35,999,000 | 35,846,000 | 36,785,000 | 34,772,000 | 33,932,000 | 30,997,000 | 27,623,000 | 30,676,000 | 28,839,000 | 29,155,000 | 28,643,000 | 31,740,000 | 28,750,000 | 26,393,000 | 25,360,000 | 26,560,000 | 23,946,000 |
current portion of operating lease liabilities | 7,876,000 | 8,212,000 | 8,057,000 | 8,330,000 | 8,825,000 | 9,209,000 | 9,557,000 | 9,939,000 | 10,396,000 | 9,996,000 | 9,433,000 | 9,948,000 | 9,933,000 | 10,342,000 | 10,770,000 | 10,471,000 | 10,331,000 | 10,062,000 | 9,369,000 | 8,635,000 | 9,141,000 | 8,891,000 | 9,412,000 | 9,464,000 | ||||||
other accrued expenses and current liabilities | 56,058,000 | 40,267,000 | 41,508,000 | 43,820,000 | 48,398,000 | 50,917,000 | 66,044,000 | 58,673,000 | 56,371,000 | 50,686,000 | 49,444,000 | 56,978,000 | 122,226,000 | 24,721,000 | 27,810,000 | 32,238,000 | 30,982,000 | 25,606,000 | 27,411,000 | 35,760,000 | 28,603,000 | 27,426,000 | 27,979,000 | 31,910,000 | 26,347,000 | 20,222,000 | 20,443,000 | 21,486,000 | 21,744,000 | 35,737,000 |
deferred revenue | 139,085,000 | 114,525,000 | 123,439,000 | 120,554,000 | 131,356,000 | 110,843,000 | 121,853,000 | 114,423,000 | 113,081,000 | 94,523,000 | 92,141,000 | 96,529,000 | 93,160,000 | 75,138,000 | 81,343,000 | 81,737,000 | 85,691,000 | 74,045,000 | 73,061,000 | 72,567,000 | 75,431,000 | 69,377,000 | 67,587,000 | 66,030,000 | 59,765,000 | 136,991,000 | 147,261,000 | 152,663,000 | 130,122,000 | 117,969,000 |
current portion of convertible senior notes | 227,106,000 | 81,617,000 | 81,455,000 | 81,319,000 | 81,161,000 | |||||||||||||||||||||||||
total current liabilities | 487,769,000 | 210,108,000 | 216,825,000 | 296,754,000 | 324,110,000 | 296,915,000 | 319,248,000 | 300,394,000 | 232,738,000 | 198,476,000 | 187,064,000 | 430,741,000 | 473,978,000 | 347,896,000 | 356,210,000 | 359,390,000 | 200,754,000 | 149,488,000 | 146,074,000 | 150,640,000 | 152,866,000 | 143,256,000 | 141,067,000 | 143,069,000 | 127,758,000 | 192,786,000 | 210,286,000 | 218,679,000 | 197,463,000 | 191,786,000 |
convertible senior notes | 226,812,000 | 226,518,000 | 226,223,000 | 225,929,000 | 225,635,000 | 225,320,000 | 226,187,000 | 199,705,000 | 196,796,000 | 193,926,000 | 191,094,000 | |||||||||||||||||||
operating lease liabilities, net of current portion | 24,141,000 | 24,484,000 | 24,568,000 | 22,508,000 | 22,625,000 | 23,373,000 | 21,337,000 | 23,989,000 | 24,065,000 | 23,466,000 | 16,340,000 | 18,847,000 | 19,550,000 | 21,610,000 | 23,785,000 | 24,319,000 | 24,323,000 | 24,395,000 | 24,352,000 | 17,796,000 | 20,174,000 | 18,831,000 | 20,722,000 | 21,744,000 | ||||||
deferred revenue, non-current | 28,531,000 | 26,310,000 | 28,745,000 | 24,385,000 | 32,347,000 | 28,090,000 | 26,694,000 | 27,520,000 | 31,379,000 | 22,017,000 | 20,785,000 | 21,874,000 | 12,872,000 | 9,290,000 | 7,236,000 | 8,992,000 | 9,388,000 | 8,513,000 | 7,287,000 | 7,472,000 | 8,136,000 | 7,666,000 | 6,219,000 | 6,511,000 | 6,754,000 | 9,722,000 | 9,256,000 | 9,961,000 | 9,640,000 | |
other long-term liabilities | 48,017,000 | 53,254,000 | 47,995,000 | 47,113,000 | 47,151,000 | 43,860,000 | 42,993,000 | 42,325,000 | 41,216,000 | 40,282,000 | 41,471,000 | 43,019,000 | 42,894,000 | 32,641,000 | 32,856,000 | 25,141,000 | 27,414,000 | 21,123,000 | 19,990,000 | 19,472,000 | 26,672,000 | 25,630,000 | 26,362,000 | 27,811,000 | 28,153,000 | 13,036,000 | 13,474,000 | 14,179,000 | 17,647,000 | 16,402,000 |
total liabilities | 588,458,000 | 540,968,000 | 544,651,000 | 616,983,000 | 652,162,000 | 617,873,000 | 635,592,000 | 619,267,000 | 635,002,000 | 589,399,000 | 570,336,000 | 514,481,000 | 549,294,000 | 411,437,000 | 420,087,000 | 418,100,000 | 450,532,000 | 419,464,000 | 381,112,000 | 376,157,000 | 386,086,000 | 371,007,000 | 367,527,000 | 214,821,000 | 194,082,000 | 216,214,000 | 233,706,000 | 243,345,000 | 224,928,000 | 361,698,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||
preferred stock (0.0001 par value), authorized 45,000 shares, none issued or outstanding | ||||||||||||||||||||||||||||||
common stock | ||||||||||||||||||||||||||||||
class a common stock | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 3,000 | 2,000 | 1,000 |
class b common stock | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 4,000 | 4,000 | 4,000 |
additional paid-in capital | 1,010,789,000 | 971,835,000 | 939,691,000 | 904,180,000 | 864,135,000 | 816,551,000 | 790,184,000 | 753,184,000 | 721,307,000 | 715,736,000 | 687,338,000 | 698,045,000 | 724,226,000 | 711,082,000 | 495,824,000 | 484,584,000 | 474,669,000 | 464,803,000 | 456,307,000 | 449,870,000 | 446,633,000 | 436,197,000 | 433,902,000 | 381,159,000 | 379,832,000 | 370,402,000 | 369,579,000 | 232,576,000 | 232,156,000 | 49,347,000 |
accumulated deficit | -116,328,000 | -117,324,000 | -119,103,000 | -113,956,000 | -130,503,000 | -150,178,000 | -145,816,000 | -123,536,000 | -121,577,000 | -133,642,000 | -100,394,000 | -66,620,000 | -102,087,000 | -100,690,000 | -92,581,000 | -78,933,000 | -93,293,000 | -95,491,000 | -86,986,000 | -76,763,000 | -82,405,000 | -80,903,000 | -64,964,000 | -68,986,000 | -82,005,000 | -153,759,000 | -161,066,000 | -162,579,000 | -166,499,000 | -106,152,000 |
accumulated other comprehensive loss | -37,281,000 | -17,619,000 | -29,290,000 | -27,304,000 | -22,309,000 | -32,263,000 | -24,161,000 | -22,751,000 | -30,002,000 | -46,573,000 | -28,780,000 | -13,008,000 | -8,950,000 | -8,138,000 | -3,905,000 | -6,629,000 | -2,797,000 | -9,864,000 | -14,378,000 | -16,969,000 | -9,528,000 | -11,960,000 | -9,104,000 | -10,487,000 | -11,052,000 | -7,203,000 | -6,808,000 | -4,879,000 | -5,072,000 | -5,756,000 |
total stockholders’ equity | 857,189,000 | 836,900,000 | 791,306,000 | 762,928,000 | 711,331,000 | 634,118,000 | 620,215,000 | 606,905,000 | 569,736,000 | 535,529,000 | 558,172,000 | 618,425,000 | 613,197,000 | 602,262,000 | 399,345,000 | 399,029,000 | 378,586,000 | 359,455,000 | 354,950,000 | 356,145,000 | 354,707,000 | 343,341,000 | 359,841,000 | 301,693,000 | 286,782,000 | 209,447,000 | 201,712,000 | 65,125,000 | 60,591,000 | |
total liabilities and stockholders’ equity | 1,445,647,000 | 1,377,868,000 | 1,335,957,000 | 1,379,911,000 | 1,363,493,000 | 1,251,991,000 | 1,255,807,000 | 1,226,172,000 | ||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||
preferred stock (0.0001 par value), authorized 45,000 shares, none issued and outstanding | ||||||||||||||||||||||||||||||
2024 convertible senior notes | 81,004,000 | |||||||||||||||||||||||||||||
2027 convertible senior notes | 225,039,000 | |||||||||||||||||||||||||||||
liabilities, mezzanine equity and stockholders’ equity | ||||||||||||||||||||||||||||||
mezzanine equity | 784,000 | 784,000 | 784,000 | 784,000 | 784,000 | 784,000 | 784,000 | 784,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | 2,352,000 | |||||||||||
total liabilities, mezzanine equity and stockholders’ equity | 1,204,738,000 | 1,124,928,000 | 1,128,508,000 | 1,133,690,000 | 1,163,275,000 | 1,014,483,000 | 820,216,000 | 817,913,000 | 829,902,000 | 779,703,000 | 736,846,000 | 734,654,000 | 743,145,000 | 716,700,000 | 729,720,000 | 518,866,000 | 483,216,000 | 428,013,000 | 437,770,000 | 310,822,000 | 287,871,000 | |||||||||
current portion of long-term debt | 394,000 | 30,384,000 | 430,000 | 456,000 | 430,000 | 430,000 | 437,000 | 472,000 | 453,000 | 331,000 | 400,000 | 390,000 | 294,000 | 232,000 | 10,147,000 | |||||||||||||||
long-term debt | 258,000 | 188,653,000 | 215,945,000 | 183,409,000 | 180,777,000 | 178,238,000 | 175,624,000 | 173,157,000 | 15,686,000 | 31,417,000 | 670,000 | 690,000 | 526,000 | 178,000 | 81,939,000 | |||||||||||||||
inventory | 3,389,000 | 1,964,000 | 1,234,000 | 1,786,000 | 1,051,000 | 1,980,000 | ||||||||||||||||||||||||
obligations for acquisition of businesses | 1,218,000 | 831,000 | 9,842,000 | 13,226,000 | 13,925,000 | |||||||||||||||||||||||||
stock-based compensation awards | 59,076,000 | |||||||||||||||||||||||||||||
preferred stock (0.0001 par value), authorized 45,000 shares, none issued and outstanding as of december 31, 2017; none authorized, issued or outstanding as of december 31, 2016 | ||||||||||||||||||||||||||||||
total altair engineering inc. stockholders’ equity | 60,591,000 | |||||||||||||||||||||||||||||
noncontrolling interest | ||||||||||||||||||||||||||||||
accounts receivable – net | 63,530,000 | |||||||||||||||||||||||||||||
inventory – net | 1,797,000 | |||||||||||||||||||||||||||||
property and equipment – net | 29,892,000 | |||||||||||||||||||||||||||||
other intangible assets – net | 15,379,000 | |||||||||||||||||||||||||||||
liabilities, mezzanine equity and stockholders’ deficit | ||||||||||||||||||||||||||||||
deferred revenue – non-current | 12,495,000 | |||||||||||||||||||||||||||||
stockholders’ deficit: | ||||||||||||||||||||||||||||||
total altair engineering inc. stockholders’ deficit | -62,556,000 | |||||||||||||||||||||||||||||
total stockholders’ deficit | -62,556,000 | |||||||||||||||||||||||||||||
total liabilities, mezzanine equity and stockholders’ deficit | 301,494,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||
net income | 996,000 | 1,779,000 | -5,147,000 | 16,547,000 | 19,675,000 | -4,362,000 | -22,280,000 | -1,959,000 | 12,065,000 | -33,248,000 | -33,774,000 | 11,528,000 | -1,397,000 | -8,109,000 | -13,648,000 | 14,360,000 | 2,198,000 | -8,505,000 | -10,223,000 | 6,030,000 | -1,502,000 | -15,939,000 | -3,120,000 | 13,019,000 | 975,000 | 7,307,000 | 1,513,000 | 3,920,000 | -60,347,000 |
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||
depreciation and amortization | 11,044,000 | 11,563,000 | 9,938,000 | 9,619,000 | 9,853,000 | 9,783,000 | 9,738,000 | 9,750,000 | 11,412,000 | 8,273,000 | 8,133,000 | 7,686,000 | 6,289,000 | 6,175,000 | 6,494,000 | 6,686,000 | 6,890,000 | 5,623,000 | 5,633,000 | 5,660,000 | 5,686,000 | 5,368,000 | 5,274,000 | 5,194,000 | 3,839,000 | 3,370,000 | 3,982,000 | 3,543,000 | 3,852,000 |
stock-based compensation expense | 16,970,000 | 17,356,000 | 17,355,000 | 15,999,000 | 19,158,000 | 20,526,000 | 23,736,000 | 22,161,000 | 22,263,000 | 22,710,000 | 21,200,000 | 18,614,000 | 13,320,000 | 10,933,000 | 10,648,000 | 9,648,000 | 7,416,000 | 6,234,000 | 4,534,000 | 3,171,000 | 2,944,000 | 2,292,000 | 2,080,000 | 1,212,000 | 2,126,000 | 563,000 | 434,000 | 216,000 | 7,979,000 |
deferred income taxes | -593,000 | 253,000 | -4,497,000 | 163,000 | -4,168,000 | 68,000 | 3,000 | -67,000 | -992,000 | -509,000 | 686,000 | -687,000 | -4,909,000 | 520,000 | 40,000 | -6,001,000 | -209,000 | -38,000 | -49,000 | -654,000 | 1,063,000 | -17,000 | 149,000 | -432,000 | 57,364,000 | ||||
gain on mark-to-market adjustment of contingent consideration | 1,212,000 | -3,493,000 | 329,000 | -2,178,000 | |||||||||||||||||||||||||
expense on repurchase of convertible senior notes | 0 | 0 | |||||||||||||||||||||||||||
other | 495,000 | 354,000 | 586,000 | 580,000 | 88,000 | -419,000 | -235,000 | 640,000 | 234,000 | 38,000 | 8,000 | 107,000 | 717,000 | 6,000 | 52,000 | -18,000 | 105,000 | 10,000 | -4,000 | 7,000 | 1,000 | -21,000 | 4,000 | -67,000 | 38,000 | -147,000 | -7,000 | -121,000 | |
changes in assets and liabilities: | |||||||||||||||||||||||||||||
accounts receivable | -58,356,000 | 11,556,000 | 1,115,000 | 60,245,000 | -66,367,000 | 2,149,000 | 5,205,000 | 39,872,000 | -48,034,000 | -15,411,000 | 7,535,000 | 21,735,000 | -42,415,000 | 1,918,000 | 16,084,000 | 8,768,000 | -27,245,000 | -7,051,000 | 8,801,000 | 14,463,000 | -18,086,000 | -221,000 | 2,728,000 | 7,678,000 | -17,068,000 | 3,931,000 | 7,251,000 | 4,492,000 | -22,413,000 |
prepaid expenses and other current assets | 273,000 | -4,248,000 | -968,000 | -2,679,000 | -2,874,000 | 4,125,000 | -5,147,000 | 1,981,000 | -892,000 | -150,000 | 2,194,000 | -138,000 | -1,414,000 | -4,245,000 | -2,562,000 | -805,000 | -1,076,000 | -2,872,000 | 633,000 | 1,184,000 | 6,322,000 | -3,766,000 | 803,000 | -5,755,000 | 6,538,000 | -3,407,000 | -2,212,000 | -715,000 | 1,128,000 |
other long-term assets | 2,023,000 | 244,000 | 155,000 | 9,000 | 1,439,000 | 1,025,000 | -572,000 | -1,944,000 | -282,000 | -1,263,000 | 2,258,000 | 2,139,000 | -1,664,000 | 49,000 | -1,439,000 | -3,628,000 | -5,394,000 | 1,827,000 | -639,000 | -321,000 | -1,148,000 | 857,000 | -784,000 | -1,516,000 | -1,696,000 | 314,000 | -397,000 | 119,000 | -264,000 |
accounts payable | 3,289,000 | -1,034,000 | -2,715,000 | -1,667,000 | 3,616,000 | 35,000 | -167,000 | -5,362,000 | 4,041,000 | 1,800,000 | -1,768,000 | -302,000 | -1,425,000 | -1,465,000 | -200,000 | -767,000 | 1,482,000 | 520,000 | -840,000 | -3,001,000 | -6,000 | 1,767,000 | -395,000 | -1,792,000 | 851,000 | 461,000 | -175,000 | 510,000 | 496,000 |
accrued compensation and benefits | 8,990,000 | 2,094,000 | 4,432,000 | -8,503,000 | 4,509,000 | 3,865,000 | 5,692,000 | -12,283,000 | 3,919,000 | 6,103,000 | -2,846,000 | -6,896,000 | 7,280,000 | -1,067,000 | -1,078,000 | 2,626,000 | 711,000 | 777,000 | 3,078,000 | -2,581,000 | 879,000 | 344,000 | 360,000 | -2,815,000 | 3,028,000 | 2,577,000 | 1,633,000 | -1,560,000 | 2,271,000 |
other accrued expenses and current liabilities | 20,052,000 | -9,427,000 | -2,635,000 | -199,000 | 13,594,000 | -9,383,000 | 2,842,000 | 2,015,000 | -10,765,000 | 12,950,000 | 111,000 | -61,759,000 | 5,882,000 | -2,516,000 | 2,816,000 | 183,000 | 11,618,000 | -5,978,000 | -8,449,000 | 8,580,000 | -1,597,000 | 223,000 | -2,206,000 | 4,093,000 | -2,041,000 | -130,000 | -529,000 | -3,967,000 | 85,000 |
deferred revenue | 32,060,000 | -15,943,000 | 6,764,000 | -16,646,000 | 21,775,000 | -8,056,000 | 7,292,000 | -2,678,000 | 22,635,000 | 8,231,000 | -2,593,000 | 12,673,000 | 18,749,000 | -3,305,000 | -2,523,000 | -2,810,000 | 10,732,000 | -137,000 | -186,000 | -2,129,000 | 5,351,000 | 4,335,000 | 1,499,000 | 6,241,000 | -1,720,000 | -8,148,000 | -1,082,000 | 20,505,000 | 8,243,000 |
net cash from operating activities | 37,530,000 | 14,547,000 | 28,557,000 | 73,450,000 | 21,651,000 | 16,427,000 | 30,030,000 | 59,199,000 | 13,036,000 | 8,493,000 | 12,255,000 | 5,786,000 | 6,029,000 | 872,000 | 18,151,000 | 36,571,000 | 5,503,000 | -6,022,000 | 5,365,000 | 28,036,000 | 1,388,000 | -1,863,000 | 6,553,000 | 25,315,000 | -4,192,000 | 3,109,000 | 10,624,000 | 26,689,000 | -1,364,000 |
investing activities: | |||||||||||||||||||||||||||||
payments for acquisition of businesses, net of cash acquired | -1,495,000 | -11,895,000 | -1,000 | -2,514,000 | -411,000 | -96,470,000 | -24,689,000 | -12,971,000 | -48,511,000 | -8,749,000 | -30,009,000 | -25,011,000 | 0 | -187,488,000 | -8,922,000 | ||||||||||||||
capital expenditures | -4,347,000 | -4,735,000 | -2,238,000 | -2,766,000 | -2,311,000 | -1,698,000 | -4,457,000 | -1,727,000 | -2,927,000 | -3,264,000 | -1,267,000 | -2,190,000 | -1,038,000 | -1,420,000 | -2,352,000 | -3,039,000 | -2,087,000 | -1,476,000 | -886,000 | -1,644,000 | -1,540,000 | -1,453,000 | -2,084,000 | -4,583,000 | -1,326,000 | -2,203,000 | -1,446,000 | -1,684,000 | -1,155,000 |
free cash flows | 33,183,000 | 9,812,000 | 26,319,000 | 70,684,000 | 19,340,000 | 14,729,000 | 25,573,000 | 57,472,000 | 10,109,000 | 5,229,000 | 10,988,000 | 3,596,000 | 4,991,000 | -548,000 | 15,799,000 | 33,532,000 | 3,416,000 | -7,498,000 | 4,479,000 | 26,392,000 | -152,000 | -3,316,000 | 4,469,000 | 20,732,000 | -5,518,000 | 906,000 | 9,178,000 | 25,005,000 | -2,519,000 |
other investing activities | 62,000 | -4,638,000 | -400,000 | 2,000 | 29,000 | -1,000,000 | -47,000 | -1,405,000 | 0 | -10,000,000 | 21,000 | -343,000 | -22,000 | -239,000 | 23,000 | -68,000 | 10,000 | 10,000 | 80,000 | 62,000 | -2,000 | 0 | 14,000 | 2,000 | 15,000 | 23,000 | 473,000 | ||
net cash from investing activities | -5,780,000 | -21,268,000 | -16,318,000 | -2,764,000 | -2,283,000 | -5,212,000 | -5,225,000 | -3,132,000 | -3,338,000 | -109,734,000 | -25,935,000 | -15,504,000 | -49,571,000 | -7,131,000 | -2,329,000 | -3,451,000 | -12,526,000 | -31,475,000 | -3,076,000 | -2,015,000 | -26,553,000 | -1,582,000 | -2,779,000 | -4,925,000 | -188,802,000 | -4,550,000 | -9,645,000 | -3,213,000 | -2,773,000 |
financing activities: | |||||||||||||||||||||||||||||
settlement of convertible senior notes | 0 | 0 | |||||||||||||||||||||||||||
proceeds from the exercise of common stock options | 21,816,000 | 6,494,000 | 17,383,000 | 19,844,000 | 10,614,000 | 2,019,000 | 13,635,000 | 9,872,000 | 737,000 | 1,151,000 | 1,452,000 | 237,000 | 203,000 | ||||||||||||||||
proceeds from employee stock purchase plan contributions | 2,045,000 | 2,749,000 | 2,181,000 | 2,182,000 | 2,206,000 | 1,975,000 | 1,929,000 | 1,868,000 | 2,427,000 | 2,118,000 | 2,069,000 | 2,362,000 | 2,112,000 | ||||||||||||||||
payments for repurchase and retirement of common stock | 0 | 0 | |||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriters' discounts and commissions | |||||||||||||||||||||||||||||
repurchase of convertible senior notes | 0 | 370,000 | |||||||||||||||||||||||||||
payments for issuance costs of convertible senior notes | 0 | -215,000 | |||||||||||||||||||||||||||
other financing activities | -24,000 | -25,000 | -19,000 | -29,000 | -63,000 | -39,000 | -41,000 | -90,000 | -103,000 | -228,000 | -99,000 | -107,000 | -59,000 | -191,000 | -92,000 | -118,000 | -114,000 | -140,000 | -140,000 | -119,000 | -42,000 | -79,000 | |||||||
net cash from financing activities | 23,861,000 | 9,243,000 | -62,165,000 | 22,026,000 | 12,796,000 | 3,969,000 | 15,545,000 | 5,456,000 | -12,171,000 | 3,234,000 | 29,409,000 | 2,509,000 | 2,212,000 | 203,056,000 | 515,000 | -29,836,000 | 557,000 | 30,426,000 | 191,000 | 76,000 | -44,000 | -184,000 | 207,911,000 | -15,767,000 | 31,016,000 | 84,000 | 136,425,000 | 5,000 | 26,424,000 |
effect of exchange rate changes on cash, cash equivalents and restricted cash | -7,007,000 | 3,849,000 | -703,000 | -2,592,000 | 3,996,000 | -2,555,000 | -423,000 | 379,000 | 7,048,000 | -5,916,000 | -5,256,000 | -970,000 | -672,000 | -1,104,000 | 484,000 | -1,331,000 | 2,334,000 | 1,824,000 | 965,000 | -2,113,000 | 1,407,000 | -1,252,000 | 363,000 | -176,000 | -89,000 | -477,000 | -1,372,000 | 495,000 | 340,000 |
net increase in cash, cash equivalents and restricted cash | 48,604,000 | 6,371,000 | -50,629,000 | 90,120,000 | 36,160,000 | 12,629,000 | 39,927,000 | 61,902,000 | 4,575,000 | -103,923,000 | 10,473,000 | -8,179,000 | -42,002,000 | 195,693,000 | 16,821,000 | 1,953,000 | -4,132,000 | -5,247,000 | 3,445,000 | 23,984,000 | -23,802,000 | -4,881,000 | 212,048,000 | 4,447,000 | -162,067,000 | -1,834,000 | 136,032,000 | 23,976,000 | 22,627,000 |
cash, cash equivalents and restricted cash at beginning of year | 0 | 0 | 0 | 467,576,000 | 0 | 0 | 0 | 316,958,000 | 0 | 0 | 0 | 414,012,000 | 0 | 0 | 0 | 241,547,000 | 0 | 0 | 0 | 223,497,000 | 0 | 0 | 0 | 35,685,000 | 0 | 0 | 0 | 39,578,000 | 0 |
cash, cash equivalents and restricted cash at end of period | 48,604,000 | 6,371,000 | -50,629,000 | 557,696,000 | 36,160,000 | 12,629,000 | 39,927,000 | 378,860,000 | 4,575,000 | -103,923,000 | 10,473,000 | 405,833,000 | -42,002,000 | 195,693,000 | 16,821,000 | 243,500,000 | -4,132,000 | -5,247,000 | 3,445,000 | 247,481,000 | -23,802,000 | -4,881,000 | 212,048,000 | 40,132,000 | -162,067,000 | -1,834,000 | 136,032,000 | 63,554,000 | 22,627,000 |
supplemental disclosures of cash flow: | |||||||||||||||||||||||||||||
interest paid | 2,035,000 | 1,000 | 2,257,000 | 46,000 | 2,118,000 | 3,000 | 2,118,000 | 3,000 | 2,129,000 | 7,000 | 288,000 | 1,000 | 289,000 | 5,000 | 292,000 | 47,000 | 411,000 | 14,000 | 291,000 | 15,000 | 279,000 | 23,000 | 137,000 | 225,000 | 153,000 | 29,000 | 31,000 | 10,000 | 370,000 |
income taxes paid | 1,289,000 | 4,368,000 | 695,000 | 2,954,000 | 2,270,000 | 120,000 | 4,150,000 | 4,751,000 | 2,123,000 | 1,927,000 | 1,704,000 | 3,187,000 | 1,091,000 | 4,333,000 | 1,363,000 | 2,381,000 | 524,000 | 2,651,000 | 7,660,000 | 1,831,000 | 523,000 | 3,109,000 | 1,727,000 | 2,327,000 | 835,000 | 2,240,000 | 1,517,000 | 2,143,000 | 1,739,000 |
supplemental disclosure of non-cash investing and financing activities: | |||||||||||||||||||||||||||||
issuance of common stock in connection with acquisitions | 0 | 1,866,000 | 0 | ||||||||||||||||||||||||||
promissory notes issued and deferred payment obligations for acquisitions and investments | |||||||||||||||||||||||||||||
property and equipment in accounts payable and other current liabilities | 33,000 | 672,000 | 67,000 | 277,000 | 110,000 | ||||||||||||||||||||||||
loss on mark-to-market adjustment of contingent consideration | 0 | 44,000 | 145,000 | 7,006,000 | |||||||||||||||||||||||||
supplemental disclosure of cash flow: | |||||||||||||||||||||||||||||
deferred payment obligations for acquisitions | 6,596,000 | ||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 462,000 | 501,000 | 411,000 | 418,000 | 2,915,000 | 2,882,000 | 2,831,000 | 2,800,000 | 2,762,000 | 2,725,000 | 2,689,000 | 2,653,000 | 2,619,000 | 2,585,000 | |||||||||||||||
proceeds from private placement of common stock | 0 | ||||||||||||||||||||||||||||
payments on revolving commitment | 0 | 0 | 0 | -30,000,000 | 0 | 0 | -59,546,000 | -68,395,000 | -82,511,000 | ||||||||||||||||||||
finance leases | 1,000 | 17,000 | 71,000 | 29,000 | 44,000 | 22,000 | 78,000 | 488,000 | |||||||||||||||||||||
amortization of debt issuance costs | 469,000 | ||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of discounts and commissions | 0 | ||||||||||||||||||||||||||||
payments of debt issuance costs | -366,000 | ||||||||||||||||||||||||||||
deferred payment obligations for acquisitions and investments | |||||||||||||||||||||||||||||
property and equipment in accounts payable, other current liabilities and other liabilities | -1,132,000 | 1,559,000 | -823,000 | 758,000 | 772,000 | -151,000 | 12,000 | 619,000 | -135,000 | -39,000 | 382,000 | ||||||||||||||||||
payments for repurchase of common stock | -6,255,000 | ||||||||||||||||||||||||||||
repurchase and retirement of common stock | -15,272,000 | 0 | |||||||||||||||||||||||||||
borrowings under revolving commitment | 0 | 1,000 | 0 | 44,702,000 | 52,289,000 | 40,562,000 | |||||||||||||||||||||||
promissory notes issued and deferred payment obligations for acquisitions | 1,451,000 | 0 | -88,000 | ||||||||||||||||||||||||||
benefit from credit loss | 69,000 | 66,000 | 48,000 | 184,000 | 125,000 | 116,000 | 89,000 | 329,000 | 341,000 | 251,000 | 338,000 | ||||||||||||||||||
payments for acquisition of developed technology | 0 | 0 | 0 | -344,000 | -1,700,000 | 0 | 0 | -433,000 | 0 | -129,000 | 0 | -344,000 | 11,000 | 0 | -2,385,000 | -353,000 | |||||||||||||
proceeds from the exercise of stock options | 614,000 | 271,000 | 616,000 | 617,000 | 283,000 | 194,000 | 171,000 | 812,000 | 458,000 | 261,000 | |||||||||||||||||||
operating lease right-of-use assets and liabilities | 126,000 | -56,000 | 47,000 | -17,000 | -9,000 | -89,000 | 286,000 | ||||||||||||||||||||||
gain on sale of assets held for sale | |||||||||||||||||||||||||||||
impairment of intangible assets | 0 | ||||||||||||||||||||||||||||
operating lease right of use assets and liabilities | |||||||||||||||||||||||||||||
proceeds from sale of assets held for sale and other | 1,000 | ||||||||||||||||||||||||||||
proceeds from issuance of class a common stock in follow-on public offering, net of underwriters' discounts and commissions | 0 | 0 | |||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of underwriters' discount and commissions | 0 | ||||||||||||||||||||||||||||
convertible senior notes issuance costs in accounts payable | |||||||||||||||||||||||||||||
benefit from bad debt | 199,000 | 338,000 | 14,000 | 120,000 | -61,000 | 186,000 | 204,000 | 65,000 | 93,000 | ||||||||||||||||||||
gain on sale of assets held for sale and other | 41,000 | ||||||||||||||||||||||||||||
proceeds from issuance of common stock | 302,000 | 1,316,000 | |||||||||||||||||||||||||||
payments for follow-on public offering and ipo offering costs | |||||||||||||||||||||||||||||
principal payments on long-term debt | -25,000 | -25,000 | -25,000 | -51,000 | -51,477,000 | ||||||||||||||||||||||||
payments for redemption of common stock | 0 | 0 | -59,000 | -60,000 | -127,000 | ||||||||||||||||||||||||
proceeds from issuance of class a common stock in initial public offering, net of underwriters' commissions | |||||||||||||||||||||||||||||
proceeds from issuance of debt | |||||||||||||||||||||||||||||
property and equipment in accounts payable, other accrued expenses and current liabilities, and other liabilities | |||||||||||||||||||||||||||||
issuance of common stock with put rights | 0 | ||||||||||||||||||||||||||||
initial public offering costs in accounts payable | |||||||||||||||||||||||||||||
impairment of intangibles | |||||||||||||||||||||||||||||
proceeds from the sale of assets held for sale and other | |||||||||||||||||||||||||||||
payments for follow-on public offering and initial public offering costs | -73,000 | ||||||||||||||||||||||||||||
follow-on public offering costs in accounts payable | -73,000 | ||||||||||||||||||||||||||||
property and equipment in accounts payable | 122,000 | 295,000 | |||||||||||||||||||||||||||
payments for initial public offering costs | |||||||||||||||||||||||||||||
payment for return of capital | |||||||||||||||||||||||||||||
capital leases | -100,000 | -15,000 | 445,000 | 565,000 | |||||||||||||||||||||||||
notes issued for stock redemptions | |||||||||||||||||||||||||||||
initial public offering costs in other long-term assets | |||||||||||||||||||||||||||||
property and equipment in accounts payable and other accrued expenses and current liabilities | 199,000 | 736,000 | |||||||||||||||||||||||||||
payments for acquisition of businesses | -1,199,000 | 0 | |||||||||||||||||||||||||||
payments of initial public offering costs | -186,000 | ||||||||||||||||||||||||||||
write-down of inventory to net realizable value | |||||||||||||||||||||||||||||
proceeds from issuance of class a common stock in initial public offering, net of underwriting commissions | |||||||||||||||||||||||||||||
payments for ipo offering costs | |||||||||||||||||||||||||||||
property and equipment and developed technology in accounts payable, other accrued expenses and current liabilities, and other liabilities | |||||||||||||||||||||||||||||
obligations for return of capital in other current liabilities | |||||||||||||||||||||||||||||
purchase of noncontrolling interests | |||||||||||||||||||||||||||||
payments of deferred offering costs | |||||||||||||||||||||||||||||
principal payments on capital leases | |||||||||||||||||||||||||||||
deferred offering costs in other long-term assets |
