DTS Inc (DTSI) financial statements (2023 and earlier)
Company profile
| Business Address |
5220 LAS VIRGENES ROAD CALABASAS, CA 91302 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 6794 - Patent Owners and Lessors (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 61,865 | 99,435 | 71,029 | 72,045 | ||
| Cash and cash equivalents | 52,208 | 99,435 | 66,025 | 57,831 | ||
| Short-term investments | 9,657 | 5,004 | 14,214 | |||
| Receivables | 16,584 | 16,289 | 11,637 | 6,910 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 4,572 | ||
| Income taxes receivable | ✕ | ✕ | 2,826 | |||
| Deferred tax assets | 12,095 | 5,787 | 1,998 | |||
| Other undisclosed current assets | 5,855 | 5,892 | 5,480 | 5,107 | ||
| Total current assets: | 84,304 | 133,711 | 96,759 | 90,632 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 29,022 | 27,089 | 30,116 | 33,325 | ||
| Long-term investments and receivables | 5,000 | |||||
| Long-term investments | 5,000 | |||||
| Intangible assets, net (including goodwill) | 266,662 | 98,899 | 98,643 | 112,714 | ||
| Goodwill | 108,726 | 50,356 | 48,418 | 51,314 | ||
| Intangible assets, net (excluding goodwill) | 157,936 | 48,543 | 50,225 | 61,400 | ||
| Other noncurrent assets | 3,934 | 2,395 | 4,613 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 4,826 | ||
| Deferred tax assets, net | 24,018 | 26,176 | 11,667 | 630 | ||
| Total noncurrent assets: | 323,636 | 154,559 | 145,039 | 156,495 | ||
| TOTAL ASSETS: | 407,940 | 288,270 | 241,798 | 247,127 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 29,062 | 35,440 | 24,017 | 28,535 | ||
| Accounts payable | 5,979 | 4,492 | 2,802 | 2,771 | ||
| Accrued liabilities | 22,960 | 16,761 | 12,142 | 15,954 | ||
| Employee-related liabilities | 13,893 | 9,073 | 9,810 | |||
| Taxes payable | 123 | 294 | ||||
| Debt | 21,486 | 5,000 | ||||
| Business combination, contingent consideration, liability | 900 | ✕ | ✕ | |||
| Deferred revenue and credits | 5,711 | 10,827 | 10,262 | 7,659 | ||
| Other undisclosed current liabilities | (14,793) | (9,073) | (9,810) | |||
| Total current liabilities: | 56,259 | 37,374 | 25,206 | 26,384 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 136,666 | 20,000 | 30,000 | 30,000 | ||
| Long-term debt, excluding current maturities | 136,666 | 20,000 | 30,000 | 30,000 | ||
| Liabilities, other than long-term debt, including: | 9,983 | 11,993 | 9,701 | 11,279 | ||
| Liability for uncertainty in income taxes | 19,454 | 11,246 | 9,701 | 11,279 | ||
| Other undisclosed liabilities, other than long-term debt | (9,471) | 747 | ||||
| Total noncurrent liabilities: | 146,649 | 31,993 | 39,701 | 41,279 | ||
| Total liabilities: | 202,908 | 69,367 | 64,907 | 67,663 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 205,032 | 218,903 | 183,112 | 180,926 | ||
| Common stock | 3 | 3 | 3 | 3 | ||
| Treasury stock, value | (111,331) | (92,184) | (84,689) | (59,848) | ||
| Additional paid in capital | 258,660 | 241,053 | 224,971 | 213,787 | ||
| Accumulated other comprehensive income | 778 | 808 | 747 | 659 | ||
| Retained earnings | 56,922 | 69,223 | 42,080 | 26,325 | ||
| Total stockholders' equity: | 205,032 | 218,903 | 183,112 | 180,926 | ||
| Other undisclosed liabilities and equity | (6,221) | (1,462) | ||||
| TOTAL LIABILITIES AND EQUITY: | 407,940 | 288,270 | 241,798 | 247,127 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 138,209 | 143,913 | 125,148 | 100,649 | |
| Cost of revenue | (15,077) | (11,095) | (9,788) | (4,347) | |
| Gross profit: | 123,132 | 132,818 | 115,360 | 96,302 | |
| Operating expenses | (134,841) | (116,268) | (107,718) | (104,183) | |
| Operating income (loss): | (11,709) | 16,550 | 7,642 | (7,881) | |
| Interest and debt expense | (888) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,367) | (413) | (521) | (352) | |
| Income (loss) from continuing operations before income taxes: | (13,964) | 16,137 | 7,121 | (8,233) | |
| Income tax expense (benefit) | 1,663 | 11,006 | 8,634 | (7,665) | |
| Net income (loss) available to common stockholders, diluted: | (12,301) | 27,143 | 15,755 | (15,898) | |
Comprehensive Income ($ in thousands)
| 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net income (loss): | (12,301) | 27,143 | 15,755 | (15,898) | |
| Other comprehensive income | 61 | ||||
| Comprehensive income (loss): | (12,301) | 27,204 | 15,755 | (15,898) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (30) | 88 | 15 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (12,331) | 27,204 | 15,843 | (15,883) | |
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.