10-Q Filing

TERADATA CORP /DE/ CIK: 816761 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0000816761-15-000015`
Period End Date	20150331
Filing Date	20150508
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	tdc-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 34 Cash Flow Statement 58 Comprehensive Income 20

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$922.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$881.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$834.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$695.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$583.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$619.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$38.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$42.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$85.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$81.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.59B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	147.90M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.57B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	141.90M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$159.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$162.00M	USD	Point-in-time
Capitalized software, net	`CapitalizedComputerSoftwareNet`	$197.00M	USD	Point-in-time
Capitalized software, net	`CapitalizedComputerSoftwareNet`	$199.00M	USD	Point-in-time
Goodwill	`Goodwill`	$948.00M	USD	Point-in-time
Goodwill	`Goodwill`	$924.00M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$122.00M	USD	Point-in-time
Acquired intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$136.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$20.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$19.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$88.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$98.00M	USD	Point-in-time
Total assets	`Assets`	$3.13B	USD	Point-in-time
Total assets	`Assets`	$3.10B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$53.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	-	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$220.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$148.00M	USD	Point-in-time
Payroll and benefits liabilities	`EmployeeRelatedLiabilitiesCurrent`	$125.00M	USD	Point-in-time
Payroll and benefits liabilities	`EmployeeRelatedLiabilitiesCurrent`	$119.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$492.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$370.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$84.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$101.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$995.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$850.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$593.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$195.00M	USD	Point-in-time
Pension and other postemployment plan liabilities	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$95.00M	USD	Point-in-time
Pension and other postemployment plan liabilities	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$99.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$18.00M	USD	Point-in-time
Long-term deferred revenue	`DeferredRevenueNoncurrent`	$16.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$74.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$86.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$32.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$31.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.66B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: par value $0.01 per share, 100.0 shares authorized, no shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock: par value $0.01 per share, 500.0 shares authorized, 141.9 and 147.9 shares issued at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Common stock: par value $0.01 per share, 500.0 shares authorized, 141.9 and 147.9 shares issued at March 31, 2015 and December 31, 2014, respectively	`CommonStockValue`	$1.00M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$405.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$656.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-39.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.71B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.13B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.10B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Product revenue	`SalesRevenueGoodsNet`	$273.00M	USD	1 Quarter
Product revenue	`SalesRevenueGoodsNet`	$241.00M	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$341.00M	USD	1 Quarter
Service revenue	`SalesRevenueServicesNet`	$355.00M	USD	1 Quarter
Total revenue	`Revenues`	$582.00M	USD	1 Quarter
Total revenue	`Revenues`	$628.00M	USD	1 Quarter
Cost of products	`CostOfGoodsSold`	$109.00M	USD	1 Quarter
Cost of products	`CostOfGoodsSold`	$92.00M	USD	1 Quarter
Cost of services	`CostOfServices`	$203.00M	USD	1 Quarter
Cost of services	`CostOfServices`	$196.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$188.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$184.00M	USD	1 Quarter
Research and development costs	`ResearchAndDevelopmentExpense`	$56.00M	USD	1 Quarter
Research and development costs	`ResearchAndDevelopmentExpense`	$63.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$539.00M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$552.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$89.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$30.00M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-7.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$30.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.00M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	145.20M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	158.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	160.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	147.70M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$41.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$42.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$12.00M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$17.00M	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.00M	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-6.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.00M	USD	1 Quarter
Loss on investments	`GainLossOnInvestments`	$-8.00M	USD	1 Quarter
Loss on investments	`GainLossOnInvestments`	-	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-111.00M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-37.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-14.00M	USD	1 Quarter
Current payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.00M	USD	1 Quarter
Current payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$109.00M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$120.00M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$19.00M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$222.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$343.00M	USD	1 Quarter
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.00M	USD	1 Quarter
Expenditures for property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00M	USD	1 Quarter
Additions to capitalized software	`AdditionsToCapitalizedSoftware`	$15.00M	USD	1 Quarter
Additions to capitalized software	`AdditionsToCapitalizedSoftware`	$21.00M	USD	1 Quarter
Business acquisitions and other investing activities, net	`BusinessAcquisitionsAndOtherInvestingActivitiesNet`	-	USD	1 Quarter
Business acquisitions and other investing activities, net	`BusinessAcquisitionsAndOtherInvestingActivitiesNet`	$4.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-32.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-37.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$269.00M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$86.00M	USD	1 Quarter
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from long-term borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$600.00M	USD	1 Quarter
Repayments of long-term borrowings	`RepaymentsOfLongTermDebt`	$247.00M	USD	1 Quarter
Repayments of long-term borrowings	`RepaymentsOfLongTermDebt`	$4.00M	USD	1 Quarter
Repayments of credit facility borrowings	`RepaymentsOfLongTermLinesOfCredit`	$220.00M	USD	1 Quarter
Repayments of credit facility borrowings	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	1 Quarter
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$7.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$6.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-82.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-130.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-13.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$47.00M	USD	1 Quarter
Increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$227.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$922.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$881.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$834.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$695.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$922.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$881.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$834.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$695.00M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$59.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Unrealized loss on securities, before tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-9.00M	USD	1 Quarter
Unrealized loss on securities, before tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Unrealized loss on securities, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	-	USD	1 Quarter
Unrealized loss on securities, tax portion	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$-3.00M	USD	1 Quarter
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized loss on securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-6.00M	USD	1 Quarter
Defined benefit plan adjustment, before tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-2.00M	USD	1 Quarter
Defined benefit plan adjustment, before tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	-	USD	1 Quarter
Defined benefit plan adjustment, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Defined benefit plan adjustment, tax portion	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Defined benefit plan adjustment, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-35.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$58.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-13.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.