MRV COMMUNICATIONS INC company info

CIK 887969
IRS Number 061340090
State of incorporation DE
Business address 20520 NORDHOFF ST
None
CHATSWORTH
CA
91311
Mail address 20520 NORDHOFF ST
None
CHATSWORTH
CA
91311

Short summary

MRV COMMUNICATIONS INC is a California company, with head office located at 20520 Nordhoff St Chatsworth, California 91311. In 2016 the company owned a total of 61.87 million USD worth of assets, including 57.73 million USD worth of current assets. 2010 was the year when the company amassed the most assets. The company net sales last year amounted to 80.31 million USD. The company allocated 20.48 million USD of its income to research and development.

MRV COMMUNICATIONS INC Income Statement

Name [in Millions USD]200820092010201120122013201420152016Trends
Revenue, Net 228.51256.03157.07151.66166.20172.0688.2080.32
Cost of Goods and Services Sold 132.76145.3195.3996.51108.21116.2842.6241.21
Gross Profit 95.75110.7261.6755.1557.9955.7845.5839.11
Selling, General and Administrative Expense 77.6074.5950.9148.6042.9942.7028.9729.67
Research and development 22.7321.7914.4915.3419.3820.8320.4520.48
Operating Expenses 100.3396.3865.3965.0062.3763.5349.4150.16
Operating Income (Loss) -4.5814.34-3.72-9.85-4.38-7.75-3.83-11.05
Interest expense 1.310.880.860.600.530.020.060
Other Nonoperating Income (Expense) 0.62-2.580.03-0.05-0.410.67-0.05-0.27
Income Tax Expense (Benefit) 4.162.66-1.19-1.011.514.302.870.32
Net income -0.4048.69-6.835.66-6.82-12.16-7.18-11.64

MRV COMMUNICATIONS INC Balance Sheet

Name [in Millions USD]200820092010201120122013201420152016Trends
Cash and cash equivalents 56.0331.03152.3243.3735.9522.3213.5224.8124.33
Accounts Receivable, Net, Current 56.3143.8433.3049.1243.1215.9316.93
Inventories 40.9930.2019.7628.4917.328.419.37
Deferred income taxes 2.551.421.401.140.670
Property, Plant and Equipment, Gross 19.5420.3918.2816.7518.0317.58
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 15.7816.6512.7212.2213.9814.45
Goodwill 27.791.33000
Intangible Assets, Net (Excluding Goodwill) 0.440.400.400.761.281.030.89
Other Assets, Noncurrent 0.270.300.690.580.650.480.26
Total assets 323.05154.60120.59129.14100.0561.4061.87
Current assets 283.63141.53110.52118.7591.7456.3057.73
Accounts payable 28.6723.9818.3427.9923.245.969.30
Total current liabilities 84.2965.1649.0664.2652.0123.0531.50
Deferred Revenue, Noncurrent 1.671.441.331.040.80
Common Stock, Value, Issued 0.270.270.270.270.270.270.27
Retained Earnings (Accumulated Deficit) -1,202.76-1,205.68-1,206.94-1,214.82-1,221.84-1,233.59-1,242.50
Accumulated Other Comprehensive Income (Loss), Net of Tax 23.921.24-0.890.22-5.06-1.55-1.41

MRV COMMUNICATIONS INC Cash Flow

Name [in Millions USD]200820092010201120122013201420152016Trends
Net income -0.4048.69-6.835.66-6.82-12.16-7.18-11.64
Depreciation 1.161.271.451.832.101.901.60
Amortization of Intangible Assets 0000.050.200.30
Depreciation and amortization 10.578.662.642.021.832.262.061.85
Deferred Income Tax Expense (Benefit) 0.33-2.95-3.29-2.98-0.061.922.680
Accounts receivable 16.3126.030.38-11.444.78-3.16-2.65-0.55
Inventories -24.0920.26-8.550.690.04-2.88-0.13-0.75
Accounts payable -18.2716.29-0.04-5.102.992.75-1.422.60
Deferred revenue 1.373.38-3.480.161.831.66-0.75-1.82
Net Cash Provided by (Used in) Operating Activities -16.57-27.5316.36-15.93-3.99-4.148.60-7.21
Payments to Acquire Property, Plant, and Equipment 9.2213.123.122.913.661.311.380.79
Payments to Acquire Intangible Assets 000.470.400.470.6500.16
Net Cash Provided by (Used in) Investing Activities -15.22116.1411.3336.49-4.14-2.132.298.76
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -4.04-1.952.378.76
Proceeds from Issuance of Long-term Debt 000.4600
Payments for Repurchase of Common Stock 01.490.433.263.8804.942.70
Net Cash Provided by (Used in) Financing Activities 23.851.87-84.41-64.94-5.011.78-6.45-2.70
Cash and Cash Equivalents, Period Increase (Decrease) -7.7291.76-57.29-43.11-13.02-5.173.75-1.05