Carbonite, Inc. (CARB) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
TWO AVENUE DE LAFAYETTE BOSTON, MA 02111 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 83,378 | 252,602 | 198,087 | 200,981 | 70,982 | 71,009 | |||
| Cash and cash equivalents | 83,378 | 252,602 | 198,087 | 200,981 | 70,982 | 71,009 | |||
| Receivables | 56,710 | 59,301 | 35,469 | 36,782 | 36,878 | 35,259 | |||
| Other undisclosed current assets | 12,973 | 21,942 | 6,509 | 5,859 | 5,820 | 4,580 | |||
| Total current assets: | 153,061 | 333,845 | 240,065 | 243,622 | 113,680 | 110,848 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 48,299 | ✕ | ✕ | ✕ | ✕ | ||||
| Property, plant and equipment | 45,961 | 45,446 | 34,101 | 35,436 | 36,587 | 38,622 | |||
| Intangible assets, net (including goodwill) | 961,351 | 971,527 | 273,049 | 281,759 | 290,111 | 295,810 | |||
| Goodwill | 543,524 | 541,230 | 155,086 | 155,258 | 155,341 | 157,215 | |||
| Intangible assets, net (excluding goodwill) | 417,827 | 430,297 | 117,963 | 126,501 | 134,770 | 138,595 | |||
| Other noncurrent assets | 24,176 | 26,273 | 13,876 | 13,072 | 12,337 | 10,844 | |||
| Other undisclosed noncurrent assets | 55,204 | ||||||||
| Total noncurrent assets: | 1,079,787 | 1,098,450 | 321,026 | 330,267 | 339,035 | 345,276 | |||
| TOTAL ASSETS: | 1,232,848 | 1,432,295 | 561,091 | 573,889 | 452,715 | 456,124 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 58,653 | 74,301 | 17,958 | 29,320 | 34,731 | 34,726 | |||
| Employee-related liabilities | 20,919 | 21,776 | 9,398 | 9,989 | |||||
| Accounts payable | 7,787 | 4,942 | 2,114 | 4,074 | 5,820 | 9,561 | |||
| Accrued liabilities | 29,947 | 47,583 | 15,844 | 15,848 | 18,922 | 25,165 | |||
| Deferred revenue | 180,053 | ✕ | ✕ | ✕ | ✕ | ||||
| Debt | 116,640 | ||||||||
| Other liabilities | 14,884 | ||||||||
| Deferred revenue and credits | ✕ | ✕ | 172,432 | 121,553 | 121,270 | 121,032 | 116,859 | ||
| Other undisclosed current liabilities | 117,485 | 11,620 | |||||||
| Total current liabilities: | 238,706 | 379,102 | 151,131 | 267,230 | 155,763 | 151,585 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 645,051 | 645,371 | 194,992 | 203,398 | |||||
| Long-term debt, excluding current maturities | 598,301 | 645,371 | 194,992 | 203,398 | |||||
| Liabilities, other than long-term debt | 46,867 | 92,841 | 34,445 | 33,730 | 33,558 | 33,697 | |||
| Deferred revenue and credits | ✕ | ✕ | 42,418 | 29,151 | 28,044 | 27,682 | 27,467 | ||
| Deferred revenue | 43,727 | ✕ | ✕ | ✕ | ✕ | ||||
| Deferred tax liabilities, net | ✕ | ✕ | 46,335 | ||||||
| Other liabilities | 3,140 | 4,088 | 5,294 | 5,686 | 5,876 | 6,230 | |||
| Operating lease, liability | 46,750 | ✕ | ✕ | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | 43,052 | 51,798 | 118,305 | ||||||
| Total noncurrent liabilities: | 734,970 | 790,010 | 152,750 | 33,730 | 228,550 | 237,095 | |||
| Total liabilities: | 973,676 | 1,169,112 | 303,881 | 300,960 | 384,313 | 388,680 | |||
| Temporary equity, carrying amount | 27,110 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 259,172 | 263,183 | 257,210 | 245,819 | 68,402 | 67,444 | |||
| Common stock | 374 | 372 | 365 | 308 | 305 | ||||
| Treasury stock, value | (47,850) | (49,276) | (48,522) | (27,837) | (26,867) | (27,166) | |||
| Additional paid in capital | 461,633 | 455,971 | 451,618 | 420,383 | 243,077 | 237,883 | |||
| Accumulated other comprehensive income (loss) | 2,188 | 2,015 | 1,650 | 1,529 | 1,091 | (58) | |||
| Accumulated deficit | (157,173) | (145,899) | (147,902) | (148,621) | (149,207) | (143,520) | |||
| Other undisclosed equity, attributable to parent | 366 | ||||||||
| Total equity: | 259,172 | 263,183 | 257,210 | 245,819 | 68,402 | 67,444 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,232,848 | 1,432,295 | 561,091 | 573,889 | 452,715 | 456,124 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 121,510 | 81,215 | 76,966 | 77,682 | 77,734 | 64,026 | ||
| Revenue, net | ✕ | ✕ | 81,215 | 76,966 | 77,682 | 77,734 | 64,026 | |
| Cost of revenue | (33,477) | (20,779) | (22,186) | (21,828) | (23,057) | (18,312) | ||
| Gross profit: | 88,033 | 60,436 | 54,780 | 55,854 | 54,677 | 45,714 | ||
| Operating expenses | (92,858) | (62,861) | (52,222) | (51,538) | (54,958) | (48,640) | ||
| Operating income (loss): | (4,825) | (2,425) | 2,558 | 4,316 | (281) | (2,926) | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 175 | 212 | 179 | (147) | 183 | 12 | ||
| Interest and debt expense | (11,844) | (4,011) | (2,662) | (2,873) | (3,420) | (2,601) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 418 | 965 | 1,074 | 390 | 169 | 244 | ||
| Income (loss) from continuing operations before income taxes: | (16,076) | (5,259) | 1,149 | 1,686 | (3,349) | (5,271) | ||
| Income tax expense (benefit) | 4,802 | 7,262 | (430) | (1,100) | (2,338) | 17,215 | ||
| Income (loss) from continuing operations: | (11,274) | 2,003 | 719 | 586 | (5,687) | 11,944 | ||
| Income (loss) before gain (loss) on sale of properties: | (11,274) | 2,003 | 719 | 586 | (5,687) | 11,944 | ||
| Net income (loss) available to common stockholders, diluted: | (11,274) | 2,003 | 719 | 586 | (5,687) | 11,944 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (11,274) | 2,003 | 719 | 586 | (5,687) | 11,944 | ||
| Other comprehensive income (loss) | 173 | 365 | 121 | 438 | 1,149 | (639) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (11,101) | 2,368 | 840 | 1,024 | (4,538) | 11,305 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.