PTC Reports Q3 Fiscal Year 2007 Results

                  PARAMETRIC TECHNOLOGY CORPORATION
           UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
                            (in thousands)


                                              June 30,   September 30,
                                                2007         2006
                                             ----------  -------------

ASSETS

Cash and cash equivalents                      $259,956       $183,448
Accounts receivable, net                        171,764        181,008
Property and equipment, net                      55,358         51,603
Goodwill and acquired intangibles, net          327,123        327,122
Other assets                                    239,036        152,263

                                             ----------  -------------
Total assets                                 $1,053,237       $895,444
                                             ==========  =============

LIABILITIES AND STOCKHOLDERS' EQUITY

Deferred revenue                               $231,376       $210,997
Other liabilities                               234,208        246,348
Stockholders' equity                            587,653        438,099

                                             ----------  -------------
Total liabilities and stockholders' equity   $1,053,237       $895,444
                                             ==========  =============

                  PARAMETRIC TECHNOLOGY CORPORATION
      UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                            (in thousands)


                                 Three Months Ended  Nine Months Ended
                                 ------------------  -----------------
                                 June 30,  July 1,   June 30, July 1,
                                   2007     2006       2007     2006
                                 -------- ---------  -------- --------

Cash flows from operating
 activities:
Net income                        $87,228   $16,876  $119,780  $35,143
Stock-based compensation            5,030    10,069    22,507   29,273
  Depreciation and amortization     9,659     8,685    28,882   24,809
  Accounts receivable              25,281   (5,084)    33,483      637
  Accounts payable and
   accruals(5)                    (4,946)     3,894  (25,999) (24,942)
  Deferred revenue                    450       368    21,454   21,679
  In-process research and
   development                        544     2,100       544    2,100
  Income taxes (6)               (71,969)  (19,503)  (68,839) (24,572)
  Other                          (12,328)   (3,416)  (16,740) (10,766)
                                 -------------------------------------
Net cash provided by operating
 activities                        38,949    13,989   115,072   53,361

Capital expenditures              (4,746)   (4,911)  (17,139) (13,065)
Acquisitions of businesses, net
 of cash acquired                (10,879)  (64,409)  (28,518) (75,084)
Financing activities                1,140     1,031     5,493    2,832
Foreign exchange impact on cash   (2,535)     4,028     1,600    1,426
                                                  --------  ---------    --------  --------

Net  change  in  cash  and  cash
  equivalents                                              21,929    (50,272)        76,508  (30,530)
Cash  and  cash  equivalents,
  beginning  of  period                            238,027      224,165      183,448    204,423
                                                                  --------  ---------    --------  --------
Cash  and  cash  equivalents,  end
  of  period                                              $259,956    $173,983    $259,956  $173,893
                                                                  ========  =========    ========  ========

(5)  Includes  accounts  payable,  accrued  expenses,  and  accrued
  compensation  and  benefits.

(6)  Net  cash  provided  by  operating  activities  for  the  three  and  nine
  months  ended  July  1,  2006  includes  a  tax  payment  of  $9.5  million  in
  relation  to  the  settlement  of  IRS  tax  audits.
 



« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »

Rating:


Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise