Qlogic Corp (QLGC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
26650 ALISO VIEJO PARKWAY ALISO VIEJO, CA 92656 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 3576 - Computer Communications Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2016 MRQ | 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 354,847 | 316,415 | 278,041 | 455,506 | |||
| Cash and cash equivalents | 125,408 | 115,241 | 91,258 | 95,532 | |||
| Short-term investments | 229,439 | 201,174 | 186,783 | 359,974 | |||
| Receivables | 55,546 | 87,436 | 65,213 | 66,135 | |||
| Inventory, net of allowances, customer advances and progress billings | 39,745 | 29,978 | 18,036 | 20,160 | |||
| Inventory | 39,745 | 29,978 | 18,036 | 20,160 | |||
| Other current assets | 13,268 | 21,802 | 16,590 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 24,381 | ||
| Deferred tax assets | 12,545 | ||||||
| Other undisclosed current assets | 15,080 | 13,036 | |||||
| Total current assets: | 463,406 | 468,176 | 392,960 | 579,218 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 71,738 | 78,501 | 84,912 | 96,336 | |||
| Intangible assets, net (including goodwill) | 230,230 | 244,891 | 264,010 | 115,030 | |||
| Goodwill | 167,232 | 167,232 | 194,107 | 110,976 | |||
| Intangible assets, net (excluding goodwill) | 62,998 | 77,659 | 69,903 | 4,054 | |||
| Other noncurrent assets | 17,491 | 20,752 | 23,554 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 2,587 | ||
| Deferred tax assets, net | 41,003 | 36,335 | |||||
| Other undisclosed noncurrent assets | 32,827 | 31,992 | |||||
| Total noncurrent assets: | 360,462 | 380,479 | 405,303 | 245,945 | |||
| TOTAL ASSETS: | 823,868 | 848,655 | 798,263 | 825,163 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 49,920 | 65,684 | 58,594 | 61,680 | |||
| Taxes payable | 955 | 2,711 | 981 | 4,559 | |||
| Employee-related liabilities | 19,389 | 22,476 | 26,956 | 27,453 | |||
| Accounts payable | 29,576 | 40,497 | 30,657 | 29,668 | |||
| Restructuring reserve | 3,664 | ✕ | ✕ | ||||
| Other liabilities | 11,156 | 8,359 | 16,123 | 7,651 | |||
| Deferred revenue and credits | 3,359 | 3,954 | 4,676 | ||||
| Other undisclosed current liabilities | (3,664) | ||||||
| Total current liabilities: | 61,076 | 77,402 | 78,671 | 74,007 | |||
| Noncurrent Liabilities | |||||||
| Liabilities, other than long-term debt | 15,414 | 31,790 | 31,766 | 16,879 | |||
| Accrued income taxes | ✕ | ✕ | ✕ | 10,772 | |||
| Liability for uncertainty in income taxes | 9,510 | 14,516 | 17,095 | ||||
| Restructuring reserve | 7,553 | 5,600 | |||||
| Other liabilities | 5,904 | 9,721 | 9,071 | 6,107 | |||
| Other undisclosed noncurrent liabilities | (7,553) | (5,600) | |||||
| Total noncurrent liabilities: | 15,414 | 24,237 | 26,166 | 16,879 | |||
| Total liabilities: | 76,490 | 101,639 | 104,837 | 90,886 | |||
| Equity | |||||||
| Equity, attributable to parent | 747,378 | 747,016 | 693,426 | 734,277 | |||
| Common stock | 218 | 215 | 214 | 212 | |||
| Treasury stock, value | (2,037,302) | (1,959,343) | (1,937,302) | (1,890,716) | |||
| Additional paid in capital | 1,015,666 | 983,579 | 958,008 | 932,557 | |||
| Accumulated other comprehensive income (loss) | (334) | (99) | 435 | 1,887 | |||
| Retained earnings | 1,769,130 | 1,722,664 | 1,672,071 | 1,690,337 | |||
| Total equity: | 747,378 | 747,016 | 693,426 | 734,277 | |||
| TOTAL LIABILITIES AND EQUITY: | 823,868 | 848,655 | 798,263 | 825,163 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2016 TTM | 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 458,913 | 520,198 | 460,907 | 484,538 | ||
| Cost of revenue | (187,464) | (214,146) | (150,800) | (159,180) | ||
| Gross profit: | 271,449 | 306,052 | 310,107 | 325,358 | ||
| Operating expenses | (222,652) | (251,622) | (322,327) | (267,508) | ||
| Other operating expense, net (Other Expenses) | (500) | |||||
| Other undisclosed operating income | 500 | |||||
| Operating income (loss): | 48,797 | 54,430 | (12,220) | 57,850 | ||
| Nonoperating income | 1,929 | 3,315 | 6,638 | 7,832 | ||
| Investment income, nonoperating | 2,552 | 3,378 | 3,825 | |||
| Other nonoperating income | 1,929 | 763 | 3,260 | 4,007 | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (3,378) | (3,825) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 50,726 | 57,745 | (8,960) | 61,857 | ||
| Other undisclosed loss from continuing operations before income taxes | (2,552) | |||||
| Income (loss) from continuing operations before income taxes: | 50,726 | 55,193 | (8,960) | 61,857 | ||
| Income tax expense (benefit) | (4,260) | (4,600) | (9,306) | 11,704 | ||
| Income (loss) from continuing operations: | 46,466 | 50,593 | (18,266) | 73,561 | ||
| Income (loss) before gain (loss) on sale of properties: | 46,466 | 50,593 | (18,266) | 73,136 | ||
| Loss from discontinued operations | (425) | |||||
| Net income (loss) available to common stockholders, diluted: | 46,466 | 50,593 | (18,266) | 73,136 | ||
Comprehensive Income ($ in thousands)
| 6/30/2016 TTM | 3/31/2016 | 3/31/2015 | 3/31/2014 | 3/31/2013 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 46,466 | 50,593 | (18,266) | 73,136 | ||
| Comprehensive income (loss): | 46,466 | 50,593 | (18,266) | 73,136 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (235) | (534) | (1,452) | 854 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 46,231 | 50,059 | (19,718) | 73,990 | ||
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.