Verifone Systems Inc (PAY) financial statements (2021 and earlier)

Company profile

Business Address 88 WEST PLUMERIA DRIVE
SAN JOSE, CA 95134
State of Incorp. DE
Fiscal Year End October 31
SIC 3578 - Calculating and Accounting Machines, Except Electronic Computers (benchmarking)
More info Complete financial analysis Financial benchmarking

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

10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments131148209250268
Cash and cash equivalents131148209250268
Restricted cash and investments 95  
Receivables323323362306284
Inventory, net of allowances, customer advances and progress billings127175130124139
Inventory127175130124139
Prepaid expense42 4644 
Disposal group, including discontinued operation46    
Prepaid expense and other current assets134
Other current assets50 2019 
Other undisclosed current assets 1011043 
Total current assets:719757782786825
Noncurrent Assets
Property, plant and equipment128202191  
Intangible assets, net (including goodwill)1,3411,4171,4021,6431,895
Goodwill1,1041,1101,0841,1861,252
Intangible assets, net (excluding goodwill)236306318458643
Restricted cash and investments12239
Other noncurrent assets102816265 
Prepaid expense and other noncurrent assets77
Other undisclosed noncurrent assets323534206187
Total noncurrent assets:1,6041,7371,6911,9172,169
TOTAL ASSETS:2,3222,4952,4732,7022,994
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities145155345300469
Accounts payable145155189161117
Accrued liabilities  8672292
Employee-related liabilities  696660
Debt6966393293
Deferred revenue and credits101105839287
Other liabilities227213230207292
Other undisclosed current liabilities  (155)(139)(352)
Total current liabilities:542539541492588
Noncurrent Liabilities
Long-term debt and lease obligation, including:762860760851943
Other undisclosed long-term debt and lease obligation762860760851943
Liabilities, other than long-term debt140243240288311
Deferred revenue and credits6267555143
Accounts payable and accrued liabilities2 3  
Deferred tax liabilities, net 99103136176
Other liabilities76777910193
Other undisclosed noncurrent liabilities96 (3)  
Total noncurrent liabilities:9971,1039971,1391,254
Total liabilities:1,5401,6411,5391,6321,842
Temporary equity, carrying amount05 11
Stockholders' equity
Stockholders' equity attributable to parent, including:7558149001,0341,115
Additional paid in capital1,8121,7721,7261,6761,599
Accumulated other comprehensive income (loss)(267)(341)(292)(105)15
Accumulated deficit(792)(618)(536)(538)(500)
Other undisclosed stockholders' equity attributable to parent11111
Stockholders' equity attributable to noncontrolling interest2835353636
Total stockholders' equity:7828489341,0701,151
TOTAL LIABILITIES AND EQUITY:2,3222,4952,4732,7022,994

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

10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
Revenues
(Revenue, Net)
1,8711,9922,0001,8691,702
Cost of revenue
(Cost of Goods and Services Sold)
(1,158)(1,198)(1,174)(1,144)(1,057)
Gross profit:713794826725645
Operating expenses(825)(762)(719)(719)(712)
Operating income (loss):(112)331076(66)
Nonoperating income (expense)34(3)(3)4
Foreign currency transaction loss, before tax   (1)(10)
Other nonoperating income (expense)   (2)14
Interest and debt expense   7 
Other undisclosed loss from continuing operations before equity method investments, income taxes(33)(35)(31)(50)(44)
Income (loss) from continuing operations before income taxes:(143)273(40)(107)
Income tax expense (benefit)(33)(12)73(188)
Net income (loss):(175)(10)80(36)(295)
Net income (loss) attributable to noncontrolling interest10(1)(2)(1)
Net income (loss) available to common stockholders, diluted:(174)(9)79(38)(296)

Comprehensive Income ($ in millions)

10/31/2017
10/31/2016
10/31/2015
10/31/2014
10/31/2013
Net income (loss):(175)(10)80(36)(295)
Other comprehensive income (loss)67(49)(187)(120) 
Other undisclosed comprehensive income (loss)   (0)48
Comprehensive loss:(109)(58)(107)(156)(247)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest90(1)21
Other undisclosed comprehensive loss, net of tax, attributable to parent   (3)(2)
Comprehensive loss, net of tax, attributable to parent:(99)(58)(108)(158)(249)

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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