ALIGN TECHNOLOGY INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
View on SEC.govAbout this filing
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.
Mar 31, 2024 · Filed May 3, 2024
ALGN$174.26+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets
(in thousands, except per share data)
| March 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $865,805 | $937,438 |
| Marketable securities, short-term | 33,101 | 35,304 |
| Accounts receivable, net of allowance for doubtful accounts of $16,026 and $14,893, respectively | 950,738 | 903,424 |
| Inventories | 280,076 | 296,902 |
| Prepaid expenses and other current assets | 349,594 | 273,550 |
| Total current assets | 2,479,314 | 2,446,618 |
| Marketable securities, long-term | 3,619 | 8,022 |
| Property, plant and equipment, net | 1,281,709 | 1,290,863 |
| Operating lease right-of-use assets, net | 118,996 | 117,999 |
| Goodwill | 458,235 | 419,530 |
| Intangible assets, net | 121,424 | 82,118 |
| Deferred tax assets | 1,570,626 | 1,590,045 |
| Other assets | 121,831 | 128,682 |
| Total assets | $6,155,754 | $6,083,877 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $117,238 | $113,125 |
| Accrued liabilities | 496,601 | 525,780 |
| Deferred revenues | 1,409,202 | 1,427,706 |
| Total current liabilities | 2,023,041 | 2,066,611 |
| Income tax payable | 121,314 | 116,744 |
| Operating lease liabilities | 95,092 | 96,968 |
| Other long-term liabilities | 156,447 | 173,065 |
| Total liabilities | 2,395,894 | 2,453,388 |
| Commitments and contingencies (Note 7 and Note 8) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value (5,000 shares authorized; none issued) | — | — |
| Common stock, $0.0001 par value (200,000 shares authorized; 75,281 and 75,075 issued and outstanding, respectively) | 7 | 7 |
| Additional paid-in capital | 1,238,739 | 1,162,140 |
| Accumulated other comprehensive income (loss), net | 18,439 | 21,168 |
| Retained earnings | 2,502,675 | 2,447,174 |
| Total stockholders’ equity | 3,759,860 | 3,630,489 |
| Total liabilities and stockholders’ equity | $6,155,754 | $6,083,877 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.