Digi International Inc. (DGII) financial statements (2022 and earlier)

Company profile

Business Address 9350 EXCELSIOR BLVD.
HOPKINS, MN 55343
State of Incorp. DE
Fiscal Year End September 30
SIC 3576 - Computer Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments47,188152,43254,12992,79262,750110,237134,109
Cash and cash equivalents47,188152,43254,12992,79258,01478,22275,727
Short-term investments    4,73632,01558,382
Receivables49,35943,73859,22756,41750,81730,85331,682
Inventory, net of allowances, customer advances and progress billings51,87443,92151,56839,76441,64430,23826,276
Inventory51,87443,92151,56839,76441,64430,23826,276
Disposal group, including discontinued operation    5,220  
Other undisclosed current assets8,2816,5675,1343,5742,6133,0323,578
Total current assets:156,702246,658170,058192,547163,044174,360195,645
Noncurrent Assets
Operating lease, right-of-use asset15,89115,68414,334 
Property, plant and equipment27,05812,13211,50713,8576,27012,80114,041
Long-term investments and receivables     4,7535,500
Long-term investments     4,7533,541
Accounts and financing receivable, after allowance for credit loss      1,959
Intangible assets, net (including goodwill)665,292343,551331,383184,089193,855143,795113,489
Goodwill342,498225,522210,135153,422154,535131,995109,448
Intangible assets, net (excluding goodwill)322,794118,029121,24830,66739,32011,8004,041
Deferred income tax assets8439389 
Other noncurrent assets1,2791,0671,0118751,291269196
Other undisclosed noncurrent assets   7,3306,6659,2117,295
Total noncurrent assets:709,528372,873358,624206,151208,081170,829140,521
TOTAL ASSETS:866,230619,531528,682398,698371,125345,189336,166
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities33,24835,52037,43929,91623,64012,48020,556
Accounts payable22,88022,58628,06721,18312,9116,2408,569
Accrued liabilities    2,5391,9151,033
Employee-related liabilities10,36812,9349,3728,7338,1904,32510,787
Taxes payable      167
Deferred revenue22,13613,5897,6915,025
Debt11,148 1,972    
Business combination, contingent consideration, liability6,100204,2285,4075,890 513
Deferred revenue and credits1,343 
Other liabilities3,7957,1797,3734,1102,4132,5012,739
Other undisclosed current liabilities2,8842,6332,527 3,0321,656 
Total current liabilities:79,31158,94161,23044,45834,97517,98023,808
Noncurrent Liabilities
Long-term debt and lease obligation293,56564,16775,173    
Long-term debt, excluding current maturities275,34045,79958,980    
Operating lease, liability18,22518,36816,193 
Liabilities, other than long-term debt19,32223,90620,7795,2625,5368,06512,329
Accounts payable and accrued liabilities2,2542,3341,9581,1928518771,490
Deferred tax liabilities, net 534616
Deferred income tax liabilities14,79413,49317,171261
Other liabilities2,2748,0791,6503,809510654776
Business combination, contingent consideration, liability    4,1756,0009,447
Other undisclosed noncurrent liabilities    334  
Total noncurrent liabilities:312,88788,07395,9525,2625,8708,06512,329
Total liabilities:392,198147,014157,18249,72040,84526,04536,137
Stockholders' equity
Stockholders' equity attributable to parent474,032472,517371,500348,978330,280319,144300,029
Common stock414407355346338330325
Treasury stock, value(58,100)(56,535)(55,109)(54,339)(54,216)(54,533)(54,209)
Additional paid in capital372,797370,699279,741266,567255,936245,528237,492
Accumulated other comprehensive loss(22,958)(22,746)(23,817)(25,515)(23,526)(22,659)(24,691)
Retained earnings181,879180,692170,330161,919151,748150,478141,112
Total stockholders' equity:474,032472,517371,500348,978330,280319,144300,029
TOTAL LIABILITIES AND EQUITY:866,230619,531528,682398,698371,125345,189336,166

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues319,743308,632279,271254,203228,366181,634203,005
Revenue, net181,634203,005
Cost of revenue
(Cost of Goods and Services Sold)
(146,223)(141,975)(135,299)(135,168)(119,483)(94,460)(103,325)
Gross profit:173,520166,657143,972119,035108,88387,17499,680
Operating expenses(159,047)(156,129)(132,655)(108,963)(106,561)(78,367)(82,575)
Operating income:14,47310,52811,31710,0722,3228,80717,105
Nonoperating income (expense)(39)(134)(862)1,575593832(824)
Investment income, nonoperating1510304733445656545
Foreign currency transaction gain (loss), before tax  (600)400100100(700)
Other nonoperating income (expense)(54)(144)(566)4424876(669)
Interest and debt expense(5,896)(1,395)(3,592)(102)(25)(48)(291)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  600(400)(100)(100)700
Income from continuing operations before income taxes:8,5388,9997,46311,1452,7909,49116,690
Income tax expense (benefit)3,3221,367948(1,187)(1,487)(125)(3,212)
Net income:11,86010,3668,4119,9581,3039,36613,478
Other undisclosed net income attributable to parent      3,230
Net income available to common stockholders, diluted:11,86010,3668,4119,9581,3039,36616,708

Comprehensive Income ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income:11,86010,3668,4119,9581,3039,36613,478
Comprehensive income:11,86010,3668,4119,9581,3039,36613,478
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,013)1,0711,698(1,989)(867)2,0321,152
Comprehensive income, net of tax, attributable to parent:10,84711,43710,1097,96943611,39814,630

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: