Alarmcom Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 2024
ALRM$65.39+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share data)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,170,605 | $696,983 |
| Accounts receivable, net of allowance for credit losses of $3,847 and $3,864, and net of allowance for product returns of $2,547 and $2,279 as of September 30, 2024 and December 31, 2023, respectively | 120,977 | 130,626 |
| Inventory | 75,037 | 96,140 |
| Other current assets, net | 46,309 | 33,031 |
| Total current assets | 1,412,928 | 956,780 |
| Property and equipment, net | 64,180 | 54,164 |
| Intangible assets, net | 66,044 | 78,564 |
| Goodwill | 154,669 | 154,498 |
| Deferred tax assets | 180,168 | 131,815 |
| Operating lease right-of-use assets | 54,109 | 24,242 |
| Other assets, net of allowance for credit losses of $1 and $5 as of September 30, 2024 and December 31, 2023, respectively | 38,900 | 39,500 |
| Total assets | $1,970,998 | $1,439,563 |
| Liabilities, redeemable noncontrolling interests and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable, accrued expenses and other current liabilities | $115,085 | $124,475 |
| Accrued compensation | 27,578 | 28,626 |
| Deferred revenue | 13,114 | 10,193 |
| Operating lease liabilities | 7,305 | 12,043 |
| Total current liabilities | 163,082 | 175,337 |
| Deferred revenue | 13,897 | 12,692 |
| Convertible senior notes, net | 981,977 | 493,515 |
| Operating lease liabilities | 66,251 | 20,468 |
| Other liabilities | 14,880 | 12,697 |
| Total liabilities | 1,240,087 | 714,709 |
| Commitments and contingencies (Note 12) | ||
| Redeemable noncontrolling interests | 40,610 | 36,308 |
| Stockholders’ equity | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $0.01 par value, 300,000,000 shares authorized; 52,469,598 and 51,888,838 shares issued; and 49,331,867 and 49,868,175 shares outstanding as of September 30, 2024 and December 31, 2023, respectively | 525 | 519 |
| Additional paid-in capital | 514,320 | 531,734 |
| Treasury stock, at cost; 3,137,731 and 2,020,663 shares as of September 30, 2024 and December 31, 2023, respectively | (186,291) | (111,291) |
| Accumulated other comprehensive income | 1,773 | 1,398 |
| Retained earnings | 359,974 | 266,186 |
| Total stockholders’ equity | 690,301 | 688,546 |
| Total liabilities, redeemable noncontrolling interests and stockholders’ equity | $1,970,998 | $1,439,563 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.