WESTELL TECHNOLOGIES INC company info

CIK 1002135
IRS Number 363154957
State of incorporation DE
Business address 750 N COMMONS DRIVE
None
AURORA
IL
60504
Mail address 750 NORTH COMMONS DRIVE
None
AURORA
IL
60504

Short summary

WESTELL TECHNOLOGIES INC is a Illinois company, with head office located at 750 N Commons Drive Aurora, Illinois 60504. In 2017 the company owned a total of 62.32 million USD worth of assets, including 47.43 million USD worth of current assets. 2010 was the year when the company amassed the most assets.

WESTELL TECHNOLOGIES INC Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Revenue, Net 43.6338.81102.0784.1388.2062.97
Cost of Goods and Services Sold 26.4626.1960.1257.3253.6939.22
Gross Profit 37.3941.5517.1712.6240.4626.8134.5223.75
Research and development 11.3611.775.465.9311.3417.3519.3212.37
Operating Expenses 32.1431.7622.9428.6043.8986.0551.2739.80
Operating Income (Loss) 5.259.800.32-14.28-3.43-58.35-16.76-16.05
Interest expense 0.000.01
Other Nonoperating Income (Expense) 0.020.330.18-0.06-0.000.170.17
Income Tax Expense (Benefit) -0.81-53.3012.8829.39-8.78-0.20-0.100.06
Net income 10.3367.9441.98-44.045.37-58.01-16.21-15.94

WESTELL TECHNOLOGIES INC Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 46.0661.77102.33108.8262.8733.6920.8515.1823.6921.49
Accounts Receivable, Net, Current 19.206.0612.8816.9114.4510.8910.3411.07
Inventories 11.6110.3717.1023.0614.7913.7312.199.46
Deferred income taxes 82.580.900.961.03
Property, Plant and Equipment, Gross 34.5517.7717.6518.6316.5416.1816.199.02
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 31.3816.6616.4016.2212.7813.3714.287.39
Goodwill 2.202.397.9731.6800
Intangible Assets, Net (Excluding Goodwill) 3.326.0920.4030.3124.5419.1914.5812.48
Other Assets, Noncurrent 0.680.440.350.180.170.150.08
Total assets 202.46193.60146.04155.7099.0973.8464.0462.32
Current assets 153.14152.33115.9890.9670.5451.6747.4047.43
Accounts payable 9.513.036.918.217.005.095.032.49
Standard Product Warranty Accrual 1.260.760.220.210.420.550.440.390.45
Total current liabilities 19.306.7313.0516.3016.6812.6411.228.12
Deferred Revenue, Noncurrent 0.510.741.031.401.010.91
Total liabilities 26.7613.7717.6219.0720.8114.6012.489.37
Retained Earnings (Accumulated Deficit) -219.72-200.61-245.67-240.65-299.86-321.50-330.25-328.73
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.04

WESTELL TECHNOLOGIES INC Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income 10.3367.9441.98-44.045.37-58.01-16.21-15.94
Depreciation 0.700.400.500.6011.501.40
Amortization of Intangible Assets 0.530.550.540.894.896.385.554.76
Depreciation and amortization 2.702.051.385.517.427.106.14
Depreciation and amortization 3.792.702.051.38
Deferred Income Tax Expense (Benefit) -54.2012.44
Accounts receivable -3.356.43-12.400.982.14-3.994.48-4.28
Inventories 0.81-3.70-1.852.00-0.46-8.19-2.71-0.99
Deferred revenue -1.63-0.710.34-0.13-0.400.61-0.330.62
Net Cash Provided by (Used in) Operating Activities 17.5124.24-4.96-12.131.60-9.29-5.61-7.01
Payments to Acquire Property, Plant, and Equipment 0.950.790.820.380.442.141.930.60
Net Cash Provided by (Used in) Investing Activities -0.95-1.2855.15-7.83-55.35-10.7611.689.96
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.000.00-0.000.00
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.000.00-0.000.00
Payments for Repurchase of Common Stock 1.430.5617.3912.730.360.860.110.16
Net Cash Provided by (Used in) Financing Activities -1.472.02-15.67-12.651.32-1.71-0.92-0.34
Cash and Cash Equivalents, Period Increase (Decrease) 15.2625.0934.42-32.60-52.44-21.775.142.61