Alarmcom Holdings Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 2024
ALRM$65.86+0.7%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 Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| Cash flows from operating activities: | 2024 | 2023 |
| Net income | $92,380 | $49,169 |
| Adjustments to reconcile net income to net cash flows from operating activities: | ||
| Provision for credit losses on accounts receivable | 530 | 1,422 |
| Reserve for product returns | 2,672 | 2,979 |
| Provision for credit losses on notes receivable | 3,996 | — |
| Inventory write-down | — | 1,181 |
| Amortization on patents and tooling | 657 | 965 |
| Amortization and depreciation | 22,029 | 23,481 |
| Amortization of debt issuance costs | 3,296 | 2,357 |
| Amortization of operating leases | 9,425 | 8,540 |
| Deferred income taxes | (32,739) | (42,612) |
| Change in fair value of contingent liability | 105 | 23 |
| Stock-based compensation | 31,675 | 36,423 |
| Loss from investment in unconsolidated entity | 203 | — |
| Changes in operating assets and liabilities (net of business acquisitions): | ||
| Accounts receivable | 6,425 | 11,048 |
| Inventory | 21,195 | 2,750 |
| Other current and non-current assets | (5,034) | 6,423 |
| Accounts payable, accrued expenses and other current liabilities | (4,904) | 371 |
| Deferred revenue | 4,126 | 4,507 |
| Operating lease liabilities | (9,171) | (10,329) |
| Other liabilities | 3,287 | (2,605) |
| Cash flows from operating activities | 150,153 | 96,093 |
| Cash flows used in investing activities: | ||
| Business acquisition, net of cash acquired | — | (9,696) |
| Additions to property and equipment | (7,865) | (5,349) |
| Issuances of notes receivable | (500) | (300) |
| Receipt of payments on notes receivable | 38 | 40 |
| Capitalized software development costs | (1,128) | (315) |
| Purchase of investment in unconsolidated entities | (7,052) | (200) |
| Purchases of other intangible assets | (46) | (5,915) |
| Cash flows used in investing activities | (16,553) | (21,735) |
| Cash flows from / (used in) financing activities: | ||
| Proceeds from issuance of convertible senior notes | 500,000 | — |
| Payments of debt issuance costs | (14,834) | — |
| Purchases of capped calls related to convertible senior notes | (63,050) | — |
| Payments of deferred consideration for acquisitions | (7,269) | (1,672) |
| Purchases of treasury stock, including transaction costs | (75,000) | (12,854) |
| Payments of tax withholdings related to vesting of restricted stock units | (3,401) | — |
| Purchases of redeemable noncontrolling interest | — | (832) |
| Payments of acquired debt | — | (3,016) |
| Issuances of common stock from equity-based plans | 7,840 | 3,129 |
| Cash flows from / (used in) financing activities | 344,286 | (15,245) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (290) | (57) |
| Net increase in cash, cash equivalents and restricted cash | 477,596 | 59,056 |
| Cash, cash equivalents and restricted cash at beginning of the period | 701,079 | 622,879 |
| Cash, cash equivalents and restricted cash at end of the period | $1,178,675 | $681,935 |
| Reconciliation of cash, cash equivalents and restricted cash: | ||
| Cash and cash equivalents | $1,170,605 | $679,969 |
| Restricted cash included in other current assets and other assets | 8,070 | 1,966 |
| Total cash, cash equivalents and restricted cash | $1,178,675 | $681,935 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.