Advent Software Inc (ADVS) financial statements (2022 and earlier)

Company profile

Business Address 600 TOWNSEND ST
State of Incorp. DE
Fiscal Year End December 31
SIC 7371 - Computer Programming Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

Current Assets
Cash, cash equivalents, and short-term investments36,08233,828169,409
Cash and cash equivalents28,78433,82858,217
Short-term investments7,298 111,192
Prepaid expense 2,659
Deferred costs1,4381,417 
Disposal group, including discontinued operation 10088
Prepaid expense and other current assets25,868
Other current assets7,1159,347
Other undisclosed current assets44,70641,58918,934
Total current assets:151,211147,657275,368
Noncurrent Assets
Property, plant and equipment27,99531,69837,269
Long-term investments and receivables1,874 61,552
Long-term investments1,874 61,552
Intangible assets, net (including goodwill)221,093235,210245,137
Intangible assets, net (excluding goodwill)18,80327,39238,205
Deposits noncurrent assets 1,300 
Restricted cash and investments1,500 1,300
Disposal group, including discontinued operation, noncurrent assets1,093
Deferred costs3,4834,899 
Other noncurrent assets13,24517,372
Prepaid expense and other noncurrent assets12,994
Assets of disposal group, including discontinued operation1,3371,609
Other undisclosed noncurrent assets13,37516,82123,224
Total noncurrent assets:283,658308,637383,085
TOTAL ASSETS:434,869456,294658,453
Current Liabilities
Accounts payable and accrued liabilities76,84573,39871,244
Accounts payable12,0415,3485,190
Accrued liabilities36,54141,62537,096
Employee-related liabilities21,38126,42523,365
Taxes payable132 5,593
Interest and dividends payable6,750  
Restructuring reserve61
Disposal group, including discontinued operation572600262
Deferred revenue and credits199,142188,245174,388
Other undisclosed current liabilities(23,440)(28,563)(23,365)
Total current liabilities:273,180253,680232,529
Noncurrent Liabilities
Long-term debt and lease obligation200,000285,00085,000
Long-term debt, excluding current maturities200,000285,00085,000
Liabilities, other than long-term debt33,73240,08843,708
Deferred revenue and credits12,78616,48619,289
Accounts payable and accrued liabilities9,513  
Accrued income taxes7,6675,335
Deferred tax liabilities, net1,4421,9822,141
Disposal group, including discontinued operation, liabilities2,1702,7823,804
Other liabilities7,82111,17113,139
Other undisclosed noncurrent liabilities(7,256)(10,659)(12,643)
Total noncurrent liabilities:226,476314,429116,065
Total liabilities:499,656568,109348,594
Stockholders' equity
Stockholders' equity attributable to parent(64,787)(111,815)309,859
Common stock519513505
Additional paid in capital61,45542,533453,585
Accumulated other comprehensive income3,47311,00910,030
Accumulated deficit(130,234)(165,870)(154,261)
Total stockholders' equity:(64,787)(111,815)309,859
TOTAL LIABILITIES AND EQUITY:434,869456,294658,453

Income statement (P&L) ($ in thousands)

Revenue, net194,690246,197225,849
Cost of revenue(117,521)(119,721)(122,716)
Gross profit:279,299263,238236,103
Operating expenses(195,557)(217,106)(186,924)
Operating income:83,74246,13249,179
Nonoperating income35972353
Interest and debt expense(7,320)(7,285)(1,973)
Income from continuing operations before income taxes:76,78138,91947,559
Income tax expense(26,518)(10,167)(17,328)
Income from continuing operations:50,26328,75230,231
Income (loss) from discontinued operations32(34)(126)
Net income attributable to parent:50,29528,71830,105
Other undisclosed net income (loss) available to common stockholders, basic(83)84310
Net income available to common stockholders, diluted:50,21228,80230,415

Comprehensive Income ($ in thousands)

Net income:50,29528,71830,105
Comprehensive income:50,29528,71830,105
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(7,619)1,0633,470
Comprehensive income, net of tax, attributable to parent:42,67629,78133,575

Statements sources

The financial statements are based on the company's filings with the 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.

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