AGILYSYS INC
For the period ended Jun 30, 2024. Filed Jul 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 26, 2024
AGYS$124.15+0.2%Stored close · as of Nov 10, 2026
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Item 1. CONDENSED CONSOLIDATED BALANCE SHEETS
| (In thousands, except share data) | June 30, 2024 (Unaudited) | March 31,2024 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $144,111 | $144,891 |
| Accounts receivable, net of allowance for expected credit losses of $944 and $974, respectively | 27,308 | 29,441 |
| Contract assets | 3,523 | 2,287 |
| Inventories | 5,300 | 4,587 |
| Prepaid expenses and other current assets | 6,523 | 7,731 |
| Total current assets | 186,765 | 188,937 |
| Property and equipment, net | 17,663 | 17,930 |
| Operating lease right-of-use assets | 17,843 | 18,384 |
| Goodwill | 32,659 | 32,791 |
| Intangible assets, net | 16,706 | 16,952 |
| Deferred income taxes, non-current | 76,237 | 67,373 |
| Other non-current assets | 7,825 | 8,063 |
| Total assets | $355,698 | $350,430 |
| LIABILITIES AND SHAREHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $10,085 | $9,422 |
| Contract liabilities | 49,200 | 56,148 |
| Accrued liabilities | 13,127 | 19,522 |
| Operating lease liabilities, current | 4,992 | 4,279 |
| Total current liabilities | 77,404 | 89,371 |
| Deferred income taxes, non-current | 549 | 554 |
| Operating lease liabilities, non-current | 18,903 | 19,613 |
| Other non-current liabilities | 4,671 | 4,415 |
| Commitments and contingencies | ||
| Shareholders' equity: | ||
| Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 33,342,288 shares issued; and 27,872,345 and 27,376,862 shares outstanding at June 30, 2024 and March 31, 2024, respectively | 10,003 | 10,003 |
| Treasury shares, 5,469,903 and 5,965,426 at June 30, 2024 and March 31, 2024, respectively | (1,642) | (1,791) |
| Capital in excess of stated value | 98,277 | 94,680 |
| Retained earnings | 151,861 | 137,755 |
| Accumulated other comprehensive loss | (4,328) | (4,170) |
| Total shareholders' equity | 254,171 | 236,477 |
| Total liabilities and shareholders' equity | $355,698 | $350,430 |
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