STEC, INC. company info

CIK 1102741
IRS Number 330399154
State of incorporation CA
Business address 3001 DAIMLER ST
None
SANTA ANA
CA
92705-5812
Mail address 3001 DAIMLER ST
None
SANTA ANA
CA
92705

Short summary

STEC, INC. is a California company, with head office located at 3001 Daimler St Santa Ana, California 92705-5812. In 2012 the company owned a total of 214.57 million USD worth of assets, including 173.39 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 168.31 million USD. The company allocated 66.62 million USD of its income to research and development.

STEC, INC. Income Statement

Name [in Millions USD]200720082009201020112012Trends
Revenue, Net 227.45354.18280.15308.06168.31
Gross Profit 71.09168.95121.72134.2159.84
Research and development 21.0827.4844.1554.6666.62
Operating Expenses 65.6079.7893.16109.01141.90
Operating Income (Loss) 5.4989.1628.5625.20-82.06
Income Tax Expense (Benefit) 2.7118.222.440.218.86
Net income 4.2972.6128.5425.10-103.22

STEC, INC. Balance Sheet

Name [in Millions USD]200720082009201020112012Trends
Cash and cash equivalents 94.3388.50142.90213.29207.17116.28
Accounts Receivable, Net, Current 40.6745.5819.368.24
Inventories 66.8480.1834.6141.49
Deferred income taxes -1.48-1.48
Property, Plant and Equipment, Gross 73.7984.6290.60
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 38.7550.3360.25
Goodwill 1.681.681.681.68
Intangible Assets, Net (Excluding Goodwill) 0.185.175.304.34
Other Assets, Noncurrent 4.885.030.815.82
Total assets 318.89401.76332.26214.57
Current assets 260.62342.45288.76173.39
Accounts payable 20.8426.3819.1113.42
Total current liabilities 31.9740.3367.5233.64
Other Accrued Liabilities, Noncurrent 4.254.174.82
Total liabilities 35.0546.49
Common Stock, Value, Issued 0.050.050.050.05
Retained Earnings (Accumulated Deficit) 121.89176.84117.8119.01

STEC, INC. Cash Flow

Name [in Millions USD]200720082009201020112012Trends
Net income 4.2972.6128.5425.10-103.22
Depreciation 10.6011.0512.1013.70
Depreciation and amortization 9.2312.1912.2713.1214.78
Deferred Income Tax Expense (Benefit) -0.89-0.69-2.70-1.4811.27
Accounts receivable 10.0137.50-30.12-18.15-13.09
Inventories 36.26-16.4747.49-30.11-19.27
Accounts payable -3.8914.52-3.64-19.591.04
Net Cash Provided by (Used in) Operating Activities -31.4099.7825.0671.65-9.20
Payments to Acquire Property, Plant, and Equipment 19.187.366.4210.5910.82
Net Cash Provided by (Used in) Investing Activities -18.86-16.793.88-10.82-15.82
Payments for Repurchase of Common Stock 19.4955.11
Net Cash Provided by (Used in) Financing Activities -10.6819.295.86-50.432.40
Cash and Cash Equivalents, Period Increase (Decrease) -60.95102.2834.8010.40-22.62