Shoretel Inc (SHOR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
960 STEWART DRIVE SUNNYVALE, CA 94085 |
| State of Incorp. | CA |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3661 - Telephone and Telegraph Apparatus (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 104,918 | 103,592 | 103,526 | 108,159 | 100,034 | 106,925 | |||
| Cash and cash equivalents | 56,672 | 54,444 | 54,284 | 61,726 | 86,765 | 96,905 | |||
| Short-term investments | 48,246 | 49,148 | 49,242 | 46,433 | 13,269 | 10,020 | |||
| Receivables | 26,524 | 25,698 | 24,159 | 32,902 | 25,254 | 28,793 | |||
| Inventory, net of allowances, customer advances and progress billings | 14,044 | 15,765 | 15,475 | 12,488 | 15,469 | 14,387 | |||
| Inventory | 14,044 | 15,765 | 15,475 | 12,488 | 15,469 | 14,387 | |||
| Other undisclosed current assets | 13,357 | 11,308 | 15,404 | 13,420 | 15,227 | 13,198 | |||
| Total current assets: | 158,843 | 156,363 | 158,564 | 166,969 | 155,984 | 163,303 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 20,550 | 20,819 | 21,096 | 21,551 | 21,302 | 19,049 | |||
| Intangible assets, net (including goodwill) | 142,959 | 144,084 | 146,124 | 148,237 | 150,461 | 147,533 | |||
| Goodwill | 129,449 | 129,449 | 129,449 | 129,449 | 129,449 | 127,960 | |||
| Intangible assets, net (excluding goodwill) | 13,510 | 14,635 | 16,675 | 18,788 | 21,012 | 19,573 | |||
| Other noncurrent assets | 5,712 | 5,688 | 5,760 | 5,581 | 5,422 | 5,238 | |||
| Total noncurrent assets: | 169,221 | 170,591 | 172,980 | 175,369 | 177,185 | 171,820 | |||
| TOTAL ASSETS: | 328,064 | 326,954 | 331,544 | 342,338 | 333,169 | 335,123 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 42,289 | 42,787 | 49,753 | 58,171 | 50,257 | 47,940 | |||
| Taxes payable | 4,367 | 3,917 | |||||||
| Employee-related liabilities | 12,808 | 14,185 | 14,493 | 18,925 | 17,976 | 17,041 | |||
| Accounts payable | 15,854 | 14,835 | 16,128 | 14,932 | 14,194 | 13,346 | |||
| Accrued liabilities | 13,627 | 13,767 | 14,765 | 20,397 | 18,087 | 17,553 | |||
| Debt | (223) | 34 | |||||||
| Deferred revenue and credits | 59,050 | 56,929 | 57,404 | 56,765 | 53,628 | 52,461 | |||
| Other undisclosed current liabilities | 3,587 | 4,096 | 4,343 | 4,260 | |||||
| Total current liabilities: | 104,926 | 103,812 | 107,157 | 114,936 | 108,005 | 104,695 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 24,027 | 23,878 | 24,261 | 24,673 | 25,064 | 25,465 | |||
| Deferred revenue and credits | 20,696 | 20,505 | 20,520 | 20,940 | 20,558 | 20,865 | |||
| Other liabilities | 3,331 | 3,373 | 3,741 | 3,733 | 4,506 | 4,600 | |||
| Total noncurrent liabilities: | 24,027 | 23,878 | 24,261 | 24,673 | 25,064 | 25,465 | |||
| Total liabilities: | 128,953 | 127,690 | 131,418 | 139,609 | 133,069 | 130,160 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 199,111 | 199,264 | 200,126 | 202,729 | 200,100 | 204,963 | |||
| Treasury stock, value | (3,117) | (3,117) | (819) | (819) | |||||
| Accumulated other comprehensive income (loss) | (58) | (70) | (5) | 36 | 2 | (21) | |||
| Accumulated deficit | (187,846) | (184,906) | (181,990) | (176,359) | (175,615) | (166,908) | |||
| Other undisclosed equity, attributable to parent | 390,132 | 387,357 | 382,940 | 379,871 | 375,713 | 371,892 | |||
| Total equity: | 199,111 | 199,264 | 200,126 | 202,729 | 200,100 | 204,963 | |||
| TOTAL LIABILITIES AND EQUITY: | 328,064 | 326,954 | 331,544 | 342,338 | 333,169 | 335,123 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 87,730 | 88,034 | 86,274 | 94,592 | 85,236 | 90,431 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (31,508) | (32,530) | (31,951) | (35,105) | (32,800) | (32,546) | ||
| Gross profit: | 56,222 | 55,504 | 54,323 | 59,487 | 52,436 | 57,885 | ||
| Operating expenses | (59,781) | (57,881) | (59,580) | (59,718) | (61,140) | (54,302) | ||
| Operating income (loss): | (3,559) | (2,377) | (5,257) | (231) | (8,704) | 3,583 | ||
| Nonoperating income (expense) | 778 | (304) | (250) | (446) | (276) | (675) | ||
| Other nonoperating income (expense) | 893 | (193) | (133) | (330) | (162) | (560) | ||
| Interest and debt expense | (115) | (111) | (117) | (116) | (114) | (115) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (2,896) | (2,792) | (5,624) | (793) | (9,094) | 2,793 | ||
| Other undisclosed income from continuing operations before income taxes | 115 | 111 | 117 | 116 | 114 | 115 | ||
| Income (loss) from continuing operations before income taxes: | (2,781) | (2,681) | (5,507) | (677) | (8,980) | 2,908 | ||
| Income tax expense (benefit) | (159) | (235) | (124) | (67) | 273 | (363) | ||
| Income (loss) from continuing operations: | (2,940) | (2,916) | (5,631) | (744) | (8,707) | 2,545 | ||
| Income (loss) before gain (loss) on sale of properties: | (2,940) | (2,916) | (5,631) | (744) | (8,707) | 2,545 | ||
| Net income (loss) available to common stockholders, diluted: | (2,940) | (2,916) | (5,631) | (744) | (8,707) | 2,545 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2017 Q4 | 3/31/2017 Q3 | 12/31/2016 Q2 | 9/30/2016 Q1 | 6/30/2016 Q4 | 3/31/2016 Q3 | 12/31/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,940) | (2,916) | (5,631) | (744) | (8,707) | 2,545 | ||
| Comprehensive income (loss): | (2,940) | (2,916) | (5,631) | (744) | (8,707) | 2,545 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 12 | (64) | (41) | 34 | 23 | (20) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,928) | (2,980) | (5,672) | (710) | (8,684) | 2,525 | ||
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.