Citrix Systems, Inc. (CTXS) financial statements (2020 and earlier)

Company profile

Business Address 851 WEST CYPRESS CREEK ROAD
FORT LAUDERDALE, FL 33309
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5491,2021,7481,684871789735
Cash and cash equivalents4946191,115957369260281
Short-term investments55584633727503529454
Receivables427688713726669674655
Inventory, net of allowances, customer advances and progress billings19221413111314
Inventory19221413111314
Contract with customer, asset9 
Capitalized contract cost45 
Deferred tax assets     48
Other undisclosed current assets145174147139133212111
Total current assets:1,1942,0872,6212,5611,6841,6881,563
Noncurrent Assets
Operating lease, right-of-use asset219
Property, plant and equipment237243253344374368339
Long-term investments and receivables215741,0031,0009121,090880
Long-term investments215741,0031,0009121,090880
Intangible assets, net (including goodwill)1,9171,9701,7562,1952,2462,1882,279
Goodwill1,7981,8031,6141,9671,9631,7971,769
Intangible assets, net (excluding goodwill)119167142228283391510
Deferred costs 71549   
Deferred income tax assets301
Other noncurrent assets1421255358706760
Deferred tax assets, net     115
Other undisclosed noncurrent assets 130119184195112(24)
Total noncurrent assets:2,8373,0493,1993,8293,7973,8243,649
TOTAL ASSETS:4,0315,1365,8206,3905,4815,5125,212
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities413410379427431548506
Accounts payable73766784958078
Accrued liabilities295290278303317298258
Employee-related liabilities     158141
Taxes payable46443440181229
Deferred revenue1,200
Debt 1,155 1,348   
Deferred revenue and credits1,3081,3231,2501,2001,099
Deferred tax liabilities    10
Contract with customer, liability1,345
Other undisclosed current liabilities     (159)(141)
Total current liabilities:1,6142,9111,6873,0981,6811,5901,464
Noncurrent Liabilities
Long-term debt and lease obligation964   1,3251,293 
Long-term debt, excluding current maturities743   1,3251,293 
Operating lease, liability221
Liabilities, other than long-term debt7419231,013604502464442
Deferred revenue and credits556480414358313
Accounts payable and accrued liabilities259286335    
Deferred revenue415
Contract with customer, liability489
Deferred tax liabilities, net 0  913
Other liabilities661481221238898115
Other undisclosed noncurrent liabilities 742    (13)
Total noncurrent liabilities:1,7041,6651,0136041,8271,757428
Total liabilities:3,3184,5762,7003,7023,5083,3471,892
Temporary equity, carrying amount 8 79   
Stockholders' equity
Stockholders' equity attributable to parent7135529922,6091,9732,1743,320
Common stock0000000
Treasury stock, value(9,952)(9,014)(7,390)(6,135)(6,040)(5,238)(3,563)
Additional paid in capital6,1715,4054,8844,7624,5674,2933,974
Accumulated other comprehensive income (loss)(6)(8)(11)(29)(29)(37)5
Retained earnings4,5014,1693,5094,0113,4753,1552,904
Total stockholders' equity:7135529922,6091,9732,1743,320
Other undisclosed liabilities and equity  2,127  (9) 
TOTAL LIABILITIES AND EQUITY:4,0315,1365,8206,3905,4815,5125,212

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3,0032,9742,8253,4183,2763,1432,918
Revenue, net2,8253,4183,2763,1432,918
Cost of revenue(458)(434)(440)(560)(614)(620)(503)
Cost of goods and services sold  (424)(558)(483)(620)(503)
Gross profit:2,5452,5402,3852,8592,6612,5232,416
Operating expenses(1,992)(1,862)(1,814)(2,210)(2,311)(2,220)(2,035)
Operating income:553678571649350302381
Nonoperating income24323113692
Investment income, nonoperating274028171298
Foreign currency transaction gain (loss), before tax     8(5)
Other nonoperating income (expense)(3)(8)3(4)(6)(8)(1)
Interest and debt expense(56)(80)(52)(45)(44)(28) 
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes     (8)5
Income from continuing operations before income taxes:521629550617312276388
Income tax expense (benefit)119(54)(528)(81)7(24)(48)
Income from continuing operations:64057622536319252340
Loss from discontinued operations  (3)    
Net income:64057619536319252340
Other undisclosed net loss attributable to parent  (40)    
Net income (loss) available to common stockholders, diluted:640576(21)536319252340

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:64057619536319252340
Other comprehensive income (loss)1234(0)8(42)13
Comprehensive income:65257824536328210352
Other undisclosed comprehensive loss, net of tax, attributable to parent  (40)    
Comprehensive income (loss), net of tax, attributable to parent:652578(16)536328210352

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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