Digi International Inc. (DGII) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9350 EXCELSIOR BLVD. HOPKINS, MN 55343 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 3576 - Computer Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q1 | 12/31/2022 Q1 | 9/30/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 31,548 | 31,693 | 29,580 | 31,660 | 30,949 | 34,900 | |||
| Cash and cash equivalents | 31,548 | 31,693 | 29,580 | 31,660 | 30,949 | 34,900 | |||
| Receivables | 61,441 | 55,997 | 50,715 | 49,678 | 54,445 | 50,450 | |||
| Inventory, net of allowances, customer advances and progress billings | 67,590 | 74,396 | 83,605 | 83,065 | 80,993 | 73,223 | |||
| Inventory | 67,590 | 74,396 | 83,605 | 83,065 | 80,993 | 73,223 | |||
| Other undisclosed current assets | 4,799 | 4,112 | 3,454 | 4,663 | 3,854 | 7,635 | |||
| Total current assets: | 165,378 | 166,198 | 167,354 | 169,066 | 170,241 | 166,208 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 12,187 | 12,876 | 13,643 | 14,179 | 14,897 | 15,299 | |||
| Property, plant and equipment | 28,644 | 29,108 | 29,590 | 29,812 | 28,374 | 27,594 | |||
| Intangible assets, net (including goodwill) | 613,345 | 618,677 | 625,580 | 631,303 | 637,236 | 642,541 | |||
| Goodwill | 342,424 | 341,593 | 342,292 | 341,862 | 341,573 | 340,477 | |||
| Intangible assets, net (excluding goodwill) | 270,921 | 277,084 | 283,288 | 289,441 | 295,663 | 302,064 | |||
| Deferred income tax assets | 4,884 | ||||||||
| Other noncurrent assets | 3,916 | 3,788 | 3,893 | 3,388 | 3,862 | 2,253 | |||
| Other undisclosed noncurrent assets | 5,192 | ||||||||
| Total noncurrent assets: | 663,284 | 669,333 | 672,706 | 678,682 | 684,369 | 687,687 | |||
| TOTAL ASSETS: | 828,662 | 835,531 | 840,060 | 847,748 | 854,610 | 853,895 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 26,061 | 33,575 | 37,168 | 32,875 | 42,415 | 46,949 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 14,576 | ||
| Accounts payable | 16,679 | 17,148 | 21,503 | 20,725 | 30,633 | 32,373 | |||
| Accrued liabilities | 9,382 | 16,427 | 15,665 | 12,150 | 11,782 | ||||
| Deferred revenue | 31,235 | 25,274 | 24,164 | 22,576 | 20,414 | 19,803 | |||
| Debt | 15,523 | 15,523 | 15,523 | 15,523 | 15,523 | ||||
| Other liabilities | 8,754 | 7,138 | 8,733 | 9,449 | 8,856 | 11,036 | |||
| Other undisclosed current liabilities | 4,395 | 4,468 | 3,431 | 3,346 | 3,357 | 3,196 | |||
| Total current liabilities: | 70,445 | 85,978 | 89,019 | 83,769 | 90,565 | 96,507 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 194,684 | 188,051 | 194,556 | 214,062 | 218,568 | 239,426 | |||
| Long-term debt, excluding current maturities | 194,684 | 188,051 | 194,556 | 214,062 | 218,568 | 222,448 | |||
| Liabilities, other than long-term debt | 21,458 | 21,014 | 24,902 | 29,738 | 35,549 | 16,449 | |||
| Accounts payable and accrued liabilities | 2,304 | 2,308 | 1,866 | 1,749 | 1,734 | 2,441 | |||
| Deferred income tax liabilities | 1,817 | 1,812 | 3,171 | 6,928 | 10,572 | 9,666 | |||
| Other liabilities | 4,004 | 2,905 | 5,072 | 5,542 | 6,909 | 4,342 | |||
| Operating lease, liability | 13,333 | 13,989 | 14,793 | 15,519 | 16,334 | 16,978 | |||
| Total noncurrent liabilities: | 216,142 | 209,065 | 219,458 | 243,800 | 254,117 | 255,875 | |||
| Total liabilities: | 286,587 | 295,043 | 308,477 | 327,569 | 344,682 | 352,382 | |||
| Equity | |||||||||
| Equity, attributable to parent | 542,075 | 540,488 | 531,583 | 520,179 | 509,928 | 501,513 | |||
| Common stock | 427 | 425 | 424 | 423 | 422 | 420 | |||
| Treasury stock, value | (63,410) | (61,506) | (61,470) | (61,446) | (60,973) | (58,172) | |||
| Additional paid in capital | 407,330 | 403,735 | 398,845 | 394,036 | 389,390 | 385,244 | |||
| Accumulated other comprehensive loss | (24,063) | (27,011) | (24,696) | (24,587) | (24,765) | (26,054) | |||
| Retained earnings | 221,791 | 224,845 | 218,480 | 211,753 | 205,854 | 200,075 | |||
| Total equity: | 542,075 | 540,488 | 531,583 | 520,179 | 509,928 | 501,513 | |||
| TOTAL LIABILITIES AND EQUITY: | 828,662 | 835,531 | 840,060 | 847,748 | 854,610 | 853,895 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q1 | 12/31/2022 Q1 | 9/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 106,089 | 112,163 | 112,236 | 111,144 | 109,306 | 105,738 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (44,989) | (48,172) | (48,417) | (48,272) | (47,785) | (46,743) | ||
| Gross profit: | 61,100 | 63,991 | 63,819 | 62,872 | 61,521 | 58,995 | ||
| Operating expenses | (48,967) | (50,510) | (51,343) | (50,697) | (49,558) | (42,112) | ||
| Operating income: | 12,133 | 13,481 | 12,476 | 12,175 | 11,963 | 16,883 | ||
| Nonoperating income (expense) | (26) | (20) | 15 | 47 | 17 | 160 | ||
| Other nonoperating income (expense) | (26) | (20) | 15 | 47 | 17 | 157 | ||
| Interest and debt expense | (15,383) | (6,269) | (6,603) | (6,393) | (5,971) | (5,036) | ||
| Income (loss) from continuing operations before income taxes: | (3,276) | 7,192 | 5,888 | 5,829 | 6,009 | 12,007 | ||
| Income tax expense (benefit) | 222 | (827) | 839 | 70 | (230) | (784) | ||
| Income (loss) from continuing operations: | (3,054) | 6,365 | 6,727 | 5,899 | 5,779 | 11,223 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 11,223 | |
| Net income (loss) available to common stockholders, diluted: | (3,054) | 6,365 | 6,727 | 5,899 | 5,779 | 11,223 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2024 Q2 | 12/31/2023 Q1 | 9/30/2023 Q4 | 6/30/2023 Q3 | 3/31/2023 Q1 | 12/31/2022 Q1 | 9/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,054) | 6,365 | 6,727 | 5,899 | 5,779 | 11,223 | ||
| Comprehensive income (loss): | (3,054) | 6,365 | 6,727 | 5,899 | 5,779 | 11,223 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,948 | (2,315) | (109) | 178 | 1,289 | (1,789) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (106) | 4,050 | 6,618 | 6,077 | 7,068 | 9,434 | ||
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.