POLYCOM INC company info

CIK 1010552
IRS Number 943128324
State of incorporation DE
Business address 6001 AMERICA CENTER DR.
None
SAN JOSE
CA
95002
Mail address 6001 AMERICA CENTER DR.
None
SAN JOSE
CA
95002

Short summary

POLYCOM INC is a California company, with head office located at 6001 America Center Dr. San Jose, California 95002. The company achieved a record breaking net income in 2011 - 135.81 million USD. In 2015 the company owned a total of 1.79 billion USD worth of assets, including 1.00 billion USD worth of current assets. 2012 was the year when the company amassed the most assets. The company net sales last year amounted to 1.27 billion USD. The company allocated 191.46 million USD of its income to research and development.

POLYCOM INC Income Statement

Name [in Millions USD]200720082009201020112012201320142015Trends
Revenue, Net 1,069.32966.981,218.491,402.191,392.631,368.391,345.151,267.23
Gross Profit 619.02548.98715.95897.36823.43792.77785.01738.75
Research and development 135.29117.58148.99190.32208.51216.03196.50191.46
Amortization of Acquired Intangible Assets 19.2718.9921.7420.32
Operating Expenses 523.90479.33593.61725.44817.07809.96738.56650.98
Operating Income (Loss) 95.1269.6486.68132.836.37-17.1946.4587.77
Interest expense 0.753.225.896.13
Other Nonoperating Income (Expense) 2.43-2.09-7.77-1.13-3.12-1.792.464.28
Income Tax Expense (Benefit) 21.8517.6812.6911.4138.06-3.670.9615.94
Net income 75.7049.8868.41135.819.76-18.0842.0669.98

POLYCOM INC Balance Sheet

Name [in Millions USD]200720082009201020112012201320142015Trends
Cash and cash equivalents 279.56198.78248.89363.56394.65464.21413.13412.57576.52
Available-for-sale Securities, Current 123.69197.24177.42145.68136.32
Accounts Receivable, Net, Current 133.82186.90211.87205.32177.07161.16154.21
Nontrade Receivables, Current 14.329.297.256.327.958.15
Inventories 91.96104.2199.89100.23105.9099.9196.75
Deferred income taxes 23.2939.4143.8748.7037.6838.7437.40
Property, Plant and Equipment, Gross 317.89385.49421.90458.84485.94517.04
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 207.57245.82288.58343.69376.74415.18
Goodwill 489.97532.08553.10559.82559.25559.25558.66
Available-for-sale Securities, Noncurrent 12.6948.1742.8584.4790.92
Intangible Assets, Net (Excluding Goodwill) 35.8435.2263.8849.7030.9218.949.65
Other Assets, Noncurrent 16.9419.3419.5029.0730.2025.6920.99
Total assets 1,443.521,704.911,889.271,899.431,792.051,778.911,791.70
Current assets 749.09935.991,043.451,018.78925.76967.911,003.83
Accounts payable 94.0295.6394.92101.3793.3690.2978.44
Taxes Payable, Current 0.620
Standard Product Warranty Accrual 9.459.579.959.6910.35
Total current liabilities 262.02321.90347.07370.10401.25392.78367.99
Long-term Debt, Excluding Current Maturities 239.06232.81225.94
Long-term Debt 242.19232.81
Deferred Revenue, Noncurrent 49.8865.4088.5990.7484.3483.5583.27
Deferred income taxes 2.310.860.540.230.120.170.15
Total liabilities 348.54415.77470.98504.70789.42755.76711.66
Common Stock, Value, Issued 0.040.040.040.040.070.070.07
Retained Earnings (Accumulated Deficit) -19.0874.14129.7167.10-146.97-131.14-120.02
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.742.332.685.913.844.95-2.27

POLYCOM INC Cash Flow

Name [in Millions USD]200720082009201020112012201320142015Trends
Net income 75.7049.8868.41135.819.76-18.0842.0669.98
Depreciation and amortization 28.5134.0841.4452.5661.59
Amortization of Intangible Assets 7.105.805.655.5417.5419.8312.8910.50
Depreciation and amortization 52.5661.5964.7857.4151.68
Deferred Income Tax Expense (Benefit) 1.71-2.97-6.29-17.87-11.25-4.322.92
Accounts receivable -10.156.5621.6963.01-16.58-13.81-13.4819.02
Inventories 22.40-9.0442.84-2.5511.4310.743.551.68
Accounts payable -18.0229.503.6622.82-22.90-5.1819.01-31.47
Net Cash Provided by (Used in) Operating Activities 167.02180.76143.40299.65186.98168.44205.43119.55
Payments to Acquire Property, Plant, and Equipment 47.4637.7769.3369.2867.2753.0450.1347.56
Payments to Acquire Businesses, Net of Cash Acquired 163.634.587.97
Net Cash Provided by (Used in) Investing Activities -114.91-19.48-142.58-237.68-52.58-7.90-110.96-40.74
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures
Payments for Repurchase of Common Stock 222.6035.4484.2164.9467.90505.9064.8189.95
Net Cash Provided by (Used in) Financing Activities -166.004.14-7.73-10.71-32.77-244.99-43.96-85.23
Cash and Cash Equivalents, Period Increase (Decrease) -113.89165.43-6.9151.25101.63-84.4450.50-8.04