iRobot 2014 Annual Report Download - page 115
Download and view the complete annual report
Please find page 115 of the 2014 iRobot annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
 |
 |
42
iROBOT CORPORATION
CONSOLIDATED BALANCE SHEETS
December 27,
2014 December 28,
2013
(In thousands)
ASSETS
Current assets:
Cash and cash equivalents $ 185,957 $ 165,404
Short term investments 36,166 21,954
Accounts receivable, net of allowance of $67 at December 27, 2014 and December 28,
2013 71,056 39,348
Unbilled revenue 2,614 856
Inventory 47,857 46,107
Deferred tax assets 21,505 20,144
Other current assets 9,704 6,848
Total current assets 374,859 300,661
Property and equipment, net 31,297 23,661
Deferred tax assets 8,409 10,095
Goodwill 48,751 48,751
Intangible assets, net 19,146 22,668
Other assets 10,751 10,501
Total assets $ 493,213 $ 416,337
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED AND
STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 60,256 $ 41,344
Accrued expenses 18,701 14,880
Accrued compensation 16,235 19,606
Deferred revenue and customer advances 3,849 5,085
Total current liabilities 99,041 80,915
Long term liabilities 3,736 4,733
Commitments and contingencies (Note 11):
Redeemable convertible preferred stock, 5,000,000 shares authorized and no shares issued
or outstanding — —
Common stock, $0.01 par value, 100,000,000 shares authorized; and 29,644,602 and
28,935,253 shares issued and outstanding at December 27, 2014 and December 28, 2013,
respectively 297 289
Additional paid-in capital 249,409 227,175
Retained earnings 140,881 103,078
Accumulated other comprehensive income (151) 147
Total stockholders’ equity 390,436 330,689
Total liabilities, redeemable convertible preferred stock and stockholders’ equity $ 493,213 $ 416,337
See accompanying Notes to Consolidated Financial Statements
Form 10-K