Cavium Inc (CAVM) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2315 NORTH FIRST STREET SAN JOSE, CA 95131 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 140,498 | 221,439 | 134,646 | 131,718 | 127,763 | 76,784 | |||
| Cash and cash equivalents | 140,498 | 221,439 | 134,646 | 131,718 | 127,763 | 76,784 | |||
| Receivables | 230,143 | 125,728 | 68,742 | 48,199 | 43,636 | 33,567 | |||
| Inventory, net of allowances, customer advances and progress billings | 93,674 | 119,692 | 47,009 | 51,922 | 45,768 | 46,508 | |||
| Inventory | 93,674 | 119,692 | 47,009 | 51,922 | 45,768 | 46,508 | |||
| Prepaid expense | 1,800 | ✕ | |||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 4,865 | ||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | 2,609 | |||
| Other undisclosed current assets | 22,794 | 20,459 | 10,231 | 9,130 | 6,491 | 568 | |||
| Total current assets: | 487,109 | 489,118 | 260,628 | 240,969 | 223,658 | 164,901 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 192,515 | 150,862 | 64,677 | 56,963 | 28,494 | 30,692 | |||
| Intangible assets, net (including goodwill) | 902,461 | 1,005,952 | 106,970 | 109,122 | 114,718 | 134,366 | |||
| Goodwill | 237,692 | 241,067 | 71,478 | 71,478 | 71,478 | 71,478 | |||
| Intangible assets, net (excluding goodwill) | 664,769 | 764,885 | 35,492 | 37,644 | 43,240 | 62,888 | |||
| Other noncurrent assets | 7,240 | 4,599 | 1,718 | 1,806 | 1,054 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,096 | ||
| Other undisclosed noncurrent assets | 61 | 449 | |||||||
| Total noncurrent assets: | 1,102,216 | 1,161,413 | 173,365 | 167,891 | 144,327 | 166,603 | |||
| TOTAL ASSETS: | 1,589,325 | 1,650,531 | 433,993 | 408,860 | 367,985 | 331,504 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 128,891 | 98,900 | 35,057 | 39,645 | 33,847 | 16,550 | |||
| Interest and dividends payable | 1,427 | 110 | |||||||
| Taxes payable | 4,098 | 541 | 451 | 544 | 467 | ||||
| Employee-related liabilities | 18,576 | 18,197 | 4,485 | 4,855 | |||||
| Accounts payable | 91,318 | 65,456 | 27,489 | 26,447 | 23,467 | 16,083 | |||
| Accrued liabilities | 18,997 | 9,722 | 2,542 | 7,782 | 9,836 | ||||
| Debt | 34,705 | 29,400 | 20,608 | 23,002 | 17,103 | 1,012 | |||
| Restructuring reserve | 3,653 | ✕ | ✕ | ||||||
| Deferred revenue and credits | 9,236 | 8,412 | 6,316 | 6,285 | 8,669 | 12,944 | |||
| Deferred tax liabilities | 14 | 277 | |||||||
| Customer advances and deposits | 83 | ✕ | ✕ | ||||||
| Other undisclosed current liabilities | 1,180 | 27,870 | 1,875 | (5,513) | 12,691 | 24,713 | |||
| Total current liabilities: | 174,012 | 168,235 | 63,856 | 63,516 | 72,587 | 55,219 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 608,333 | 703,292 | 9,858 | 22,894 | 16,292 | 4,000 | |||
| Long-term debt, excluding current maturities | 592,963 | 675,414 | 4,000 | ||||||
| Capital lease obligations | 15,370 | 27,878 | |||||||
| Other undisclosed long-term debt and lease obligation | 9,858 | 22,894 | 16,292 | ||||||
| Liabilities, other than long-term debt | 28,634 | 37,160 | 6,379 | 8,532 | 5,373 | 5,622 | |||
| Accounts payable and accrued liabilities | 2,265 | ||||||||
| Accrued income taxes | ✕ | ✕ | ✕ | ✕ | ✕ | 698 | 779 | ||
| Deferred tax liabilities, net | 2,686 | 18,774 | 3,417 | 2,836 | 1,931 | 2,421 | |||
| Postemployment benefits liability | ✕ | ✕ | ✕ | ✕ | ✕ | 400 | 400 | ||
| Liability, pension and other postretirement and postemployment benefits | 500 | ✕ | ✕ | ||||||
| Restructuring reserve | 52 | ||||||||
| Other liabilities | 25,948 | 18,386 | 2,962 | 2,931 | 2,344 | 1,970 | |||
| Other undisclosed noncurrent liabilities | (2,765) | (1,098) | 23,601 | ||||||
| Total noncurrent liabilities: | 636,967 | 740,452 | 16,237 | 28,661 | 20,567 | 33,223 | |||
| Total liabilities: | 810,979 | 908,687 | 80,093 | 92,177 | 93,154 | 88,442 | |||
| Equity | |||||||||
| Equity, attributable to parent | 778,346 | 741,844 | 353,900 | 316,683 | 286,584 | 244,092 | |||
| Common stock | 69 | 67 | 56 | 54 | 53 | 51 | |||
| Additional paid in capital | 1,183,819 | 1,079,043 | 543,256 | 488,981 | 443,588 | 398,133 | |||
| Accumulated other comprehensive income (loss) | 810 | (645) | |||||||
| Accumulated deficit | (406,352) | (336,621) | (189,412) | (172,352) | (157,057) | (154,092) | |||
| Equity, attributable to noncontrolling interest | (11,753) | (1,030) | |||||||
| Total equity: | 778,346 | 741,844 | 353,900 | 316,683 | 274,831 | 243,062 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,589,325 | 1,650,531 | 433,993 | 408,860 | 367,985 | 331,504 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 984,018 | 603,314 | 412,744 | 372,978 | 303,993 | 235,480 | ||
| Cost of revenue | (484,434) | (318,000) | (143,767) | (138,359) | (114,679) | (102,602) | ||
| Gross profit: | 499,584 | 285,314 | 268,977 | 234,619 | 189,314 | 132,878 | ||
| Operating expenses | (556,276) | (418,867) | (282,704) | (242,094) | (198,684) | (209,417) | ||
| Operating loss: | (56,692) | (133,553) | (13,727) | (7,475) | (9,370) | (76,539) | ||
| Nonoperating expense | (28,927) | (12,659) | (1,651) | (16,707) | (2,381) | (803) | ||
| Other nonoperating income (expense) | 220 | 75 | (410) | (347) | (879) | (157) | ||
| Interest and debt expense | (29,147) | (12,734) | (1,241) | (1,472) | (1,502) | (646) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,472 | 1,502 | 646 | |||||
| Loss from continuing operations before equity method investments, income taxes: | (114,766) | (158,946) | (16,619) | (24,182) | (11,751) | (77,342) | ||
| Other undisclosed income from continuing operations before income taxes | 29,147 | 12,734 | 1,241 | |||||
| Loss from continuing operations before income taxes: | (85,619) | (146,212) | (15,378) | (24,182) | (11,751) | (77,342) | ||
| Income tax expense (benefit) | 16,760 | (997) | (1,682) | (1,633) | (1,937) | (36,321) | ||
| Loss from continuing operations: | (68,859) | (147,209) | (17,060) | (25,815) | (13,688) | (113,663) | ||
| Loss before gain (loss) on sale of properties: | (68,859) | (147,209) | (17,060) | (25,815) | (13,688) | (113,663) | ||
| Net loss: | (68,859) | (147,209) | (17,060) | (25,815) | (13,688) | (113,663) | ||
| Net income attributable to noncontrolling interest | 10,520 | 10,723 | 1,031 | |||||
| Net loss available to common stockholders, diluted: | (68,859) | (147,209) | (17,060) | (15,295) | (2,965) | (112,632) | ||
Comprehensive Income ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (68,859) | (147,209) | (17,060) | (25,815) | (13,688) | (113,663) | ||
| Other comprehensive income (loss) | 1,455 | (645) | ||||||
| Comprehensive loss: | (67,404) | (147,854) | (17,060) | (25,815) | (13,688) | (113,663) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 10,520 | (10,723) | (1,031) | |||||
| Comprehensive loss, net of tax, attributable to parent: | (67,404) | (147,854) | (17,060) | (15,295) | (24,411) | (114,694) | ||
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.