AVIAT NETWORKS INC
For the period ended Mar 29, 2024. Filed May 1, 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 29, 2024 · Filed May 1, 2024
AVNW$15.86-17.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Equity (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
| Three Months Ended March 29, 2024 | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · Additional Paid-in Capital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Total Equity | |||||||
| (In thousands) · Shares · $Amount · $Amount | |||||||
| Balance as of December 29, 2023 | 12,521 | $125 | $(6,479) | $856,735 | $(581,019) | $(15,426) | $253,936 |
| Net income | — | — | — | — | 3,418 | — | 3,418 |
| Other comprehensive loss | — | — | — | — | — | (341) | (341) |
| Issuance of common stock under employee stock plans | 58 | 1 | — | 174 | — | — | 175 |
| Shares withheld for taxes related to vesting of equity awards | (17) | — | — | (567) | — | — | (567) |
| Stock repurchase | — | — | — | — | — | — | — |
| Share-based compensation | — | — | — | 1,886 | — | — | 1,886 |
| Common stock issued in connection with acquisition | — | — | — | — | — | — | — |
| Balance as of March 29, 2024 | 12,562 | $126 | $(6,479) | $858,228 | $(577,601) | $(15,767) | $258,507 |
| Three Months Ended March 31, 2023 | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Total Equity | |||||||
| (In thousands) · Shares · $Amount · $Amount | |||||||
| Balance as of December 30, 2022 | 11,378 | $114 | $(6,147) | $826,812 | $(596,142) | $(16,141) | $208,496 |
| Net income | — | — | — | — | 4,889 | — | 4,889 |
| Other comprehensive income | — | — | — | — | — | 370 | 370 |
| Issuance of common stock under employee stock plans | 71 | (1) | — | 328 | — | — | 327 |
| Shares withheld for taxes related to vesting of equity awards | (12) | 1 | — | (367) | — | — | (366) |
| Share-based compensation | — | — | — | 1,638 | — | — | 1,638 |
| Balance as of March 31, 2023 | 11,437 | $114 | $(6,147) | $828,411 | $(591,253) | $(15,771) | $215,354 |
| Nine Months Ended March 29, 2024 | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Total Equity | |||||||
| (In thousands) · Shares · $Amount · $Amount | |||||||
| Balance as of June 30, 2023 | 11,518 | $115 | $(6,147) | $830,048 | $(587,914) | $(16,004) | $220,098 |
| Net income | — | — | — | — | 10,313 | — | 10,313 |
| Other comprehensive income | — | — | — | — | — | 237 | 237 |
| Issuance of common stock under employee stock plans | 339 | 4 | — | 1,001 | — | — | 1,005 |
| Shares withheld for taxes related to vesting of equity awards | (21) | — | — | (690) | — | — | (690) |
| Stock repurchase | (11) | — | (332) | — | — | — | (332) |
| Share-based compensation | — | — | — | 5,545 | — | — | 5,545 |
| Common stock issued in connection with acquisition | 737 | 7 | — | 22,324 | — | — | 22,331 |
| Balance as of March 29, 2024 | 12,562 | $126 | $(6,479) | $858,228 | $(577,601) | $(15,767) | $258,507 |
| Nine Months Ended March 31, 2023 | |||||||
|---|---|---|---|---|---|---|---|
| Common Stock · Treasury Stock · AdditionalPaid-inCapital · Accumulated Deficit · Accumulated Other Comprehensive Loss · Total Equity | |||||||
| (In thousands) · Shares · $Amount · $Amount | |||||||
| Balance as of July 1, 2022 | 11,161 | $112 | $(6,147) | $823,259 | $(599,442) | $(16,029) | $201,753 |
| Net income | — | — | — | — | 8,189 | — | 8,189 |
| Other comprehensive income | — | — | — | — | — | 258 | 258 |
| Issuance of common stock under employee stock plans | 310 | 2 | — | 1,072 | — | — | 1,074 |
| Shares withheld for taxes related to vesting of equity awards | (34) | — | — | (1,055) | — | — | (1,055) |
| Share-based compensation | — | — | — | 5,135 | — | — | 5,135 |
| Balance as of March 31, 2023 | 11,437 | $114 | $(6,147) | $828,411 | $(591,253) | $(15,771) | $215,354 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.