F5 INC
For the period ended Dec 31, 2023. Filed Feb 5, 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.
Dec 31, 2023 · Filed Feb 5, 2024
FFIV$317.31-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows
| Three months endedDecember 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Operating activities | ||
| Net income | $138,382 | $72,402 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Stock-based compensation | 56,002 | 62,874 |
| Depreciation and amortization | 29,266 | 27,472 |
| Non-cash operating lease costs | 8,392 | 10,167 |
| Deferred income taxes | (11,203) | (25,070) |
| Other | 722 | 358 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (58,713) | (15,837) |
| Inventories | 34 | 9,168 |
| Other current assets | (32,164) | (20,602) |
| Other assets | 2,949 | (1,252) |
| Accounts payable and accrued liabilities | (13,447) | (19,981) |
| Deferred revenue | 54,990 | 68,540 |
| Lease liabilities | (9,892) | (10,608) |
| Net cash provided by operating activities | 165,318 | 157,631 |
| Investing activities | ||
| Purchases of investments | (1,000) | (680) |
| Maturities of investments | 2,913 | 63,519 |
| Sales of investments | — | 12,167 |
| Purchases of property and equipment | (9,048) | (13,104) |
| Net cash (used in) provided by investing activities | (7,135) | 61,902 |
| Financing activities | ||
| Proceeds from the exercise of stock options and purchases of stock under employee stock purchase plan | 21,876 | 22,180 |
| Payments for repurchase of common stock | (150,018) | (40,005) |
| Payments on term debt agreement | — | (350,000) |
| Taxes paid related to net share settlement of equity awards | (6,830) | (7,037) |
| Net cash used in financing activities | (134,972) | (374,862) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 23,211 | (155,329) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 2,264 | 3,079 |
| Cash, cash equivalents and restricted cash, beginning of period | 800,835 | 762,207 |
| Cash, cash equivalents and restricted cash, end of period | $826,310 | $609,957 |
| Supplemental disclosures of cash flow information | ||
| Cash paid for amounts included in the measurement of operating lease liabilities | $12,982 | $13,665 |
| Cash paid for interest on long-term debt | — | 2,970 |
| Supplemental disclosures of non-cash activities | ||
| Right-of-use assets obtained in exchange for lease obligations | $4,846 | $6,193 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.