F5 Networks, Inc. Condensed Consolidated Balance Sheets (in thousands)
December 31, 2003 (unaudited) Assets Current assets Cash and cash equivalents ....................................................................................... Short-term investments ............................................................................................ Accounts receivable, net of allowances of $3,028 and $3,049................................. Inventories ............................................................................................................... Other current assets.................................................................................................. Total current assets .............................................................................................. Restricted cash ............................................................................................................. Property and equipment, net ........................................................................................ Long-term investments ................................................................................................ Goodwill ...................................................................................................................... Other assets, net ........................................................................................................... Total assets...........................................................................................................
$
$
September 30, 2003
27,712 $ 110,190 17,496 1,158 4,574 161,130
10,351 34,527 19,325 762 4,779 69,744
6,000 9,871 67,097 24,188 4,010 $ 272,296
6,000 10,079 34,132 24,188 4,030 148,173
2,670 $ 13,348 21,775 37,793
3,714 13,148 19,147 36,009
Liabilities and Shareholders’ Equity Current liabilities Accounts payable..................................................................................................... Accrued liabilities .................................................................................................... Deferred revenue ..................................................................................................... Total current liabilities.........................................................................................
$
Other long-term liabilities............................................................................................
1,668
Deferred tax liability....................................................................................................
303
Total long-term liabilities ....................................................................................
1,971
1,584 151 1,735
Commitments and contingencies Shareholders’ equity Preferred stock, no par value; 10,000 shares authorized, no shares outstanding...... Common stock, no par value; 100,000 shares authorized 32,998 and 27,403 shares issued and outstanding ......................................................................................... Unearned compensation............................................................................................... Accumulated other comprehensive income ................................................................. Accumulated deficit..................................................................................................... Total shareholders’ equity ....................................................................................... Total liabilities and shareholders’ equity ................................................................
―
$
259,837 ― 359 (27,664) 232,532 272,296 $
― 141,709 (10) 195 (31,465) 110,429 148,173