Alarmcom Holdings Inc

For the period ended Jun 30, 2024. Filed Aug 8, 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.

Jun 30, 2024 · Filed Aug 8, 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)

	June 30,2024	December 31,2023
Assets
Current assets:
Cash and cash equivalents	$1,104,539	$696,983
Accounts receivable, net of allowance for credit losses of $3,766 and $3,864, and net of allowance for product returns of $2,608 and $2,279 as of June 30, 2024 and December 31, 2023, respectively	123,551	130,626
Inventory	79,582	96,140
Other current assets, net	35,074	33,031
Total current assets	1,342,746	956,780
Property and equipment, net	54,784	54,164
Intangible assets, net	69,928	78,564
Goodwill	154,356	154,498
Deferred tax assets	172,421	131,815
Operating lease right-of-use assets	22,025	24,242
Other assets, net of allowance for credit losses of $1 and $5 as of June 30, 2024 and December 31, 2023, respectively	38,987	39,500
Total assets	$1,855,247	$1,439,563
Liabilities, redeemable noncontrolling interests and stockholders’ equity
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	$96,075	$124,475
Accrued compensation	24,920	28,626
Deferred revenue	12,181	10,193
Operating lease liabilities	12,039	12,043
Total current liabilities	145,215	175,337
Deferred revenue	13,726	12,692
Convertible senior notes, net	980,492	493,515
Operating lease liabilities	18,098	20,468
Other liabilities	14,314	12,697
Total liabilities	1,171,845	714,709
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests	37,933	36,308
Stockholders’ equity
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of June 30, 2024 and December 31, 2023	—	—
Common stock, $0.01 par value, 300,000,000 shares authorized; 52,321,569 and 51,888,838 shares issued; and 49,183,838 and 49,868,175 shares outstanding as of June 30, 2024 and December 31, 2023, respectively	523	519
Additional paid-in capital	506,850	531,734
Treasury stock, at cost; 3,137,731 and 2,020,663 shares as of June 30, 2024 and December 31, 2023, respectively	(186,291)	(111,291)
Accumulated other comprehensive income	1,095	1,398
Retained earnings	323,292	266,186
Total stockholders’ equity	645,469	688,546
Total liabilities, redeemable noncontrolling interests and stockholders’ equity	$1,855,247	$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.