Alarmcom Holdings Inc

For the period ended Mar 31, 2024. Filed May 10, 2024.

About 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 10, 2024

ALRM$65.39+0.6%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except share and per share data)

	March 31,2024	December 31,2023
Assets
Current assets:
Cash and cash equivalents	$747,877	$696,983
Accounts receivable, net of allowance for credit losses of $4,054 and $3,864, and net of allowance for product returns of $2,595 and $2,279 as of March 31, 2024 and December 31, 2023, respectively	128,451	130,626
Inventory	85,723	96,140
Other current assets, net	35,812	33,031
Total current assets	997,863	956,780
Property and equipment, net	55,365	54,164
Intangible assets, net	74,358	78,564
Goodwill	154,433	154,498
Deferred tax assets	145,258	131,815
Operating lease right-of-use assets	24,324	24,242
Other assets, net of allowance for credit losses of $4,003 and $5 as of March 31, 2024 and December 31, 2023, respectively	35,381	39,500
Total assets	$1,486,982	$1,439,563
Liabilities, redeemable noncontrolling interests and stockholders’ equity
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	$137,551	$124,475
Accrued compensation	20,418	28,626
Deferred revenue	11,125	10,193
Operating lease liabilities	12,101	12,043
Total current liabilities	181,195	175,337
Deferred revenue	13,087	12,692
Convertible senior notes, net	494,305	493,515
Operating lease liabilities	20,886	20,468
Other liabilities	11,703	12,697
Total liabilities	721,176	714,709
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests	37,712	36,308
Stockholders’ equity
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023	—	—
Common stock, $0.01 par value, 300,000,000 shares authorized; 52,113,344 and 51,888,838 shares issued; and 50,092,681 and 49,868,175 shares outstanding as of March 31, 2024 and December 31, 2023, respectively	521	519
Additional paid-in capital	547,832	531,734
Treasury stock, at cost; 2,020,663 shares as of March 31, 2024 and December 31, 2023	(111,291)	(111,291)
Accumulated other comprehensive income	1,251	1,398
Retained earnings	289,781	266,186
Total stockholders’ equity	728,094	688,546
Total liabilities, redeemable noncontrolling interests and stockholders’ equity	$1,486,982	$1,439,563

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.