PTC Announces Q1 Results, Initiates Q2 Guidance and Updates FY’10 Targets

(2) Reflects the tax effects of non-GAAP adjustments for the first quarter of 2010 and 2009, which are calculated by applying the applicable tax rate by jurisdiction to the non-GAAP adjustments listed above.

PARAMETRIC TECHNOLOGY CORPORATION
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
 
  January 2, September 30,
2010 2009
 
ASSETS
 
Cash and cash equivalents $ 231,144 $ 235,122
Accounts receivable, net 160,536 166,591
Property and equipment, net 58,901 58,105
Goodwill and acquired intangibles, net 582,422 596,517
Other assets 314,683 293,877
   
Total assets $ 1,347,686 $ 1,350,212
 
LIABILITIES AND STOCKHOLDERS' EQUITY
 
Deferred revenue $ 243,160 $ 234,270
Borrowings under revolving credit facility 56,622 57,880
Other liabilities 275,990 296,481
Stockholders' equity 771,914 761,581
   
Total liabilities and stockholders' equity $ 1,347,686 $ 1,350,212
PARAMETRIC TECHNOLOGY CORPORATION
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
 
 
  Three Months Ended
January 2, January 3,
2010 2009  
 
Cash flows from operating activities:
Net income $ 17,863 $ 4,659
Stock-based compensation 13,855 10,531
Depreciation and amortization 15,923 14,795
Accounts receivable 4,211 23,439
Accounts payable and accruals (3) (15,076 ) (26,033 )
Deferred revenue (15,987 ) (8,730 )
Income taxes (2,805 ) (11,187 )
Other 4,776 6,950
Net cash provided by operating activities 22,760 14,424
 
Capital expenditures (7,877 ) (8,172 )
Acquisitions of businesses, net of cash acquired (582 ) (8,362 )
Payments on debt, net -- (13,265 )
Repurchases of common stock (5,072 ) (9,581 )
Other investing and financing activities (4) (11,441 ) (491 )
Foreign exchange impact on cash (1,766 ) (4,561 )
 
Net change in cash and cash equivalents (3,978 ) (30,008 )
Cash and cash equivalents, beginning of period 235,122 256,941
Cash and cash equivalents, end of period $ 231,144 $ 226,933

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



Review Article Be the first to review this article


Featured Video
Jobs
Mgr Mechanical Engineering 2 for Northrop Grumman at Melbourne, FL
MECHANICAL ENGINEER for Peter R. Thom and Associates at ORINDA, CA
Senior Design Engineer for Kaman at Gilbert, AZ
Sr. Mechanical Engineer for Kateeva at Newark, CA
Upcoming Events
Solidworks World 2017, Feb 5 - 8, Los Angeles, CA at Los Angeles CA - Feb 5 - 8, 2017
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
ACE 2017 Nashville at Nashville TN - Mar 21 - 23, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — 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