Polycom Inc (PLCM) Financial Statements (2025 and earlier)
Company Profile
Business Address |
6001 AMERICA CENTER DR. SAN JOSE, CA 95002 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 3661 - Telephone and Telegraph Apparatus (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
6/30/2016 MRQ | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
---|---|---|---|---|---|---|---|
ASSETS | |||||||
Current Assets | |||||||
Cash, cash equivalents, and short-term investments | 619 | 629 | 527 | 674 | |||
Cash and cash equivalents | 435 | 443 | 393 | 477 | |||
Short-term investments | 184 | 186 | 135 | 197 | |||
Receivables | 196 | 176 | 183 | 195 | |||
Inventory, net of allowances, customer advances and progress billings | 89 | 100 | 103 | 100 | |||
Inventory | 89 | 100 | 103 | 100 | |||
Prepaid expense | 33 | 37 | 31 | ✕ | |||
Derivative instruments and hedges, assets | 10 | 14 | 7 | 4 | |||
Other current assets | 2 | 3 | 3 | ✕ | |||
Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 55 | ||
Other undisclosed current assets | 39 | 46 | 45 | ||||
Total current assets: | 949 | 999 | 901 | 1,073 | |||
Noncurrent Assets | |||||||
Property, plant and equipment | 102 | 109 | 115 | 133 | |||
Long-term investments and receivables | 46 | 59 | 56 | 50 | |||
Long-term investments | 46 | 59 | 56 | 50 | |||
Intangible assets, net (including goodwill) | 573 | 584 | 597 | 609 | |||
Goodwill | 559 | 559 | 559 | 554 | |||
Intangible assets, net (excluding goodwill) | 14 | 25 | 37 | 55 | |||
Other noncurrent assets | 22 | 26 | 28 | ✕ | |||
Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 21 | ||
Other undisclosed noncurrent assets | 90 | 54 | 51 | 28 | |||
Total noncurrent assets: | 833 | 833 | 848 | 842 | |||
TOTAL ASSETS: | 1,782 | 1,831 | 1,749 | 1,915 | |||
LIABILITIES AND EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts payable and accrued liabilities | 202 | 242 | 153 | 153 | |||
Interest and dividends payable | 0 | ||||||
Taxes payable | 4 | 4 | 5 | 5 | |||
Employee-related liabilities | 39 | 43 | 40 | 39 | |||
Accounts payable | 73 | 108 | 85 | 90 | |||
Accrued liabilities | 85 | 86 | 23 | 19 | |||
Debt | 6 | 6 | 6 | ||||
Derivative instruments and hedges, liabilities | 8 | 7 | 3 | ||||
Restructuring reserve | 12 | ✕ | ✕ | ||||
Other liabilities | 12 | 12 | |||||
Deferred revenue and credits | 171 | 174 | 172 | 158 | |||
Other undisclosed current liabilities | (33) | 36 | 41 | ||||
Total current liabilities: | 378 | 421 | 387 | 356 | |||
Noncurrent Liabilities | |||||||
Long-term debt and lease obligation | 229 | 236 | 242 | ||||
Long-term debt, excluding current maturities | 229 | 236 | 242 | ||||
Liabilities, other than long-term debt | 122 | 150 | 144 | 129 | |||
Deferred revenue and credits | 86 | 89 | 87 | 91 | |||
Accounts payable and accrued liabilities | 10 | 12 | |||||
Accrued income taxes | ✕ | ✕ | ✕ | 12 | 16 | ||
Deferred tax liabilities, net | 0 | 0 | 0 | 0 | |||
Other liabilities | 26 | 49 | 44 | 22 | |||
Other undisclosed noncurrent liabilities | (0) | ||||||
Total noncurrent liabilities: | 351 | 386 | 386 | 129 | |||
Total liabilities: | 729 | 807 | 773 | 485 | |||
Equity | |||||||
Equity, attributable to parent | 1,053 | 1,024 | 976 | 1,431 | |||
Common stock | 0 | 0 | 0 | 0 | |||
Additional paid in capital | 1,168 | 1,156 | 1,104 | 1,326 | |||
Accumulated other comprehensive income (loss) | (1) | 4 | 4 | 4 | |||
Retained earnings (accumulated deficit) | (113) | (136) | (132) | 100 | |||
Total equity: | 1,053 | 1,024 | 976 | 1,431 | |||
TOTAL LIABILITIES AND EQUITY: | 1,782 | 1,831 | 1,749 | 1,915 |
Income Statement (P&L) ($ in millions)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Revenues (Revenue, Net) | 1,267 | 1,345 | 1,368 | 1,393 | ||
Cost of revenue | (528) | (560) | (576) | (569) | ||
Cost of goods and services sold | (528) | (567) | (583) | (576) | ||
Gross profit: | 739 | 785 | 793 | 823 | ||
Operating expenses | (651) | (739) | (810) | (817) | ||
Operating income (loss): | 88 | 46 | (17) | 6 | ||
Nonoperating expense | (2) | (3) | (7) | (4) | ||
Investment income, nonoperating | (5) | (4) | ||||
Other nonoperating income (expense) | 4 | 2 | (2) | |||
Interest and debt expense | (6) | (6) | (3) | |||
Other undisclosed income from continuing operations before equity method investments, income taxes | 6 | 5 | ||||
Income (loss) from continuing operations before equity method investments, income taxes: | 80 | 43 | (22) | 2 | ||
Other undisclosed income from continuing operations before income taxes | 6 | |||||
Income (loss) from continuing operations before income taxes: | 86 | 43 | (22) | 2 | ||
Income tax expense (benefit) | (16) | (1) | 4 | (38) | ||
Income (loss) from continuing operations: | 70 | 42 | (19) | (36) | ||
Income (loss) before gain (loss) on sale of properties: | 70 | 42 | (19) | (26) | ||
Income from discontinued operations | 10 | |||||
Net income (loss): | 70 | 42 | (19) | (26) | ||
Other undisclosed net income attributable to parent | 0 | 35 | ||||
Net income (loss) available to common stockholders, diluted: | 70 | 42 | (18) | 10 |
Comprehensive Income ($ in millions)
6/30/2016 TTM | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|
Net income (loss): | 70 | 42 | (19) | (26) | ||
Other comprehensive income (loss) | (5) | (0) | 0 | (1) | ||
Comprehensive income (loss): | 65 | 42 | (18) | (27) | ||
Other undisclosed comprehensive income, net of tax, attributable to parent | 0 | 35 | ||||
Comprehensive income (loss), net of tax, attributable to parent: | 65 | 42 | (18) | 8 |
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.