NETSCOUT SYSTEMS INC
For the period ended Jun 30, 2024. Filed Aug 5, 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.
Jun 30, 2024 · Filed Aug 5, 2024
NTCT$32.27-0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets: At June, 202 and March 31,
Consolidated Balance Sheets
(In thousands, except share data)
| June 30,2024 | March 31,2024 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $362,213 | $389,674 |
| Marketable securities and investments | 43,954 | 33,459 |
| Accounts receivable and unbilled costs, net of allowance for credit allowances of $116 and $479 at June 30, 2024 and March 31, 2024, respectively | 129,270 | 192,096 |
| Inventories and deferred costs | 14,994 | 14,095 |
| Prepaid income taxes | 13,352 | 11,076 |
| Prepaid expenses and other current assets | 26,267 | 32,094 |
| Total current assets | 590,050 | 672,494 |
| Fixed assets, net | 24,903 | 26,487 |
| Operating lease right-of-use assets | 39,911 | 42,486 |
| Goodwill | 1,076,715 | 1,502,820 |
| Intangible assets, net | 295,290 | 308,659 |
| Deferred income taxes | 47,855 | 30,767 |
| Long-term marketable securities | 1,003 | 994 |
| Other assets | 9,689 | 10,595 |
| Total assets | $2,085,416 | $2,595,302 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $15,938 | $14,506 |
| Accrued compensation | 63,059 | 51,362 |
| Accrued other | 12,399 | 14,665 |
| Income taxes payable | 764 | 764 |
| Deferred revenue and customer deposits | 279,185 | 301,806 |
| Current portion of operating lease liabilities | 11,859 | 11,979 |
| Total current liabilities | 383,204 | 395,082 |
| Other long-term liabilities | 6,897 | 7,055 |
| Deferred tax liability | 4,326 | 4,374 |
| Accrued long-term retirement benefits | 28,124 | 28,413 |
| Long-term deferred revenue and customer deposits | 120,638 | 130,212 |
| Operating lease liabilities, net of current portion | 35,231 | 38,101 |
| Long-term debt | 75,000 | 100,000 |
| Total liabilities | 653,420 | 703,237 |
| Commitments and contingencies (Note 14) | ||
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value: | ||
| 5,000,000 shares authorized; no shares issued or outstanding at June 30, 2024 and March 31, 2024 | — | — |
| Common stock, $0.001 par value: | ||
| 300,000,000 shares authorized; 133,189,228 and 131,316,309 shares issued and 71,311,409 and 71,404,216 shares outstanding at June 30, 2024 and March 31, 2024, respectively | 133 | 131 |
| Additional paid-in capital | 3,201,998 | 3,181,366 |
| Accumulated other comprehensive income | 3,404 | 3,572 |
| Treasury stock at cost, 61,877,819 and 59,912,093 shares at June 30, 2024 and March 31, 2024, respectively | (1,652,642) | (1,615,483) |
| (Accumulated deficit) retained earnings | (120,897) | 322,479 |
| Total stockholders' equity | 1,431,996 | 1,892,065 |
| Total liabilities and stockholders' equity | $2,085,416 | $2,595,302 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.