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10-Q/A Filing

ZEBRA TECHNOLOGIES CORP CIK: 877212 Q1 2016
Filing Information
Form Type 10-Q/A
Accession Number 0000877212-16-000024
Period End Date 20160331
Filing Date 20161115
Fiscal Year 2016
Fiscal Period Q1
XBRL Instance zbra-20160402.xml
Filing Contents
Balance Sheet 76 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $5.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $6.00M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $394.00M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $194.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $192.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $330.00M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Accounts receivable, net of allowances for doubtful accounts of $5 and $6 AccountsReceivableNetCurrent $671.00M USD Point-in-time
Accounts receivable, net of allowances for doubtful accounts of $5 and $6 AccountsReceivableNetCurrent $606.00M USD Point-in-time
Inventories, net InventoryNet $397.00M USD Point-in-time
Inventories, net InventoryNet $386.00M USD Point-in-time
Treasury Stock, Shares TreasuryStockShares 19.87M shares Point-in-time
Treasury Stock, Shares TreasuryStockShares 19.99M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $74.00M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $95.00M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total Current assets AssetsCurrent $1.33B USD Point-in-time
Total Current assets AssetsCurrent $1.28B USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $298.00M USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 72.15M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 72.15M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $300.00M USD Point-in-time
Goodwill Goodwill $2.49B USD Point-in-time
Goodwill Goodwill $2.49B USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $700.00M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $757.00M USD Point-in-time
Long-term deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $70.00M USD Point-in-time
Long-term deferred income taxes DeferredTaxAssetsLiabilitiesNetNoncurrent $74.00M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $89.00M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $91.00M USD Point-in-time
Total Assets Assets $4.94B USD Point-in-time
Total Assets Assets $5.04B USD Point-in-time
Accounts payable AccountsPayableCurrent $289.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $316.00M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $367.00M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $350.00M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $197.00M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $208.00M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $42.00M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $14.00M USD Point-in-time
Total Current liabilities LiabilitiesCurrent $895.00M USD Point-in-time
Total Current liabilities LiabilitiesCurrent $888.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.01B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.94B USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $118.00M USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $124.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $132.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $116.00M USD Point-in-time
Total Liabilities Liabilities $4.08B USD Point-in-time
Total Liabilities Liabilities $4.15B USD Point-in-time
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued PreferredStockValue - USD Point-in-time
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares CommonStockValue $1.00M USD Point-in-time
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $204.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $194.00M USD Point-in-time
Treasury stock at cost, 19,867,914 and 19,990,006 shares at April 2, 2016 and December 31, 2015, respectively TreasuryStockValue $629.00M USD Point-in-time
Treasury stock at cost, 19,867,914 and 19,990,006 shares at April 2, 2016 and December 31, 2015, respectively TreasuryStockValue $631.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.38B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-48.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-66.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-16.00M USD Point-in-time
Total Stockholders Equity StockholdersEquity $893.00M USD Point-in-time
Total Stockholders Equity StockholdersEquity $861.00M USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $5.04B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $4.94B USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Net sales of tangible products SalesRevenueGoodsNet $716.00M USD 1 Quarter
Net sales of tangible products SalesRevenueGoodsNet $755.00M USD 1 Quarter
Revenue from services and software SalesRevenueServicesNet $138.00M USD 1 Quarter
Revenue from services and software SalesRevenueServicesNet $133.00M USD 1 Quarter
Total Net sales SalesRevenueNet $893.00M USD 1 Quarter
Total Net sales SalesRevenueNet $849.00M USD 1 Quarter
Cost of sales of tangible products CostOfGoodsSold $386.00M USD 1 Quarter
Cost of sales of tangible products CostOfGoodsSold $375.00M USD 1 Quarter
Cost of services and software CostOfServices $98.00M USD 1 Quarter
Cost of services and software CostOfServices $84.00M USD 1 Quarter
Total Cost of sales CostOfGoodsAndServicesSold $484.00M USD 1 Quarter
Total Cost of sales CostOfGoodsAndServicesSold $459.00M USD 1 Quarter
Gross profit GrossProfit $409.00M USD 1 Quarter
Gross profit GrossProfit $390.00M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $122.00M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $113.00M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $93.00M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $96.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $66.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $74.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $68.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $59.00M USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionRelatedCosts $36.00M USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionRelatedCosts $26.00M USD 1 Quarter
Exit and restructuring costs RestructuringChargesCredits $11.00M USD 1 Quarter
Exit and restructuring costs RestructuringChargesCredits $5.00M USD 1 Quarter
Total Operating expenses OperatingExpenses $380.00M USD 1 Quarter
Total Operating expenses OperatingExpenses $389.00M USD 1 Quarter
Operating income OperatingIncomeLoss $10.00M USD 1 Quarter
Operating income OperatingIncomeLoss $20.00M USD 1 Quarter
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $2.00M USD 1 Quarter
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-27.00M USD 1 Quarter
Interest expense and other, net InterestIncomeExpenseNonoperatingNet $-51.00M USD 1 Quarter
Interest expense and other, net InterestIncomeExpenseNonoperatingNet $-51.00M USD 1 Quarter
Total Other expenses NonoperatingIncomeExpense $-49.00M USD 1 Quarter
Total Other expenses NonoperatingIncomeExpense $-78.00M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-58.00M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-39.00M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-33.00M USD 1 Quarter
Income tax benefit IncomeTaxExpenseBenefit $-13.00M USD 1 Quarter
Net loss NetIncomeLoss $-25.00M USD 1 Quarter
Net loss NetIncomeLoss $-26.00M USD 1 Quarter
Basic loss per share (in USD per share) EarningsPerShareBasic $-0.50 USD 1 Quarter
Basic loss per share (in USD per share) EarningsPerShareBasic $-0.50 USD 1 Quarter
Diluted loss per share (in USD per share) EarningsPerShareDiluted $-0.50 USD 1 Quarter
Diluted loss per share (in USD per share) EarningsPerShareDiluted $-0.50 USD 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 51.30M shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 50.67M shares 1 Quarter
Diluted weighted average and equivalent shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 51.30M shares 1 Quarter
Diluted weighted average and equivalent shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 50.67M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-25.00M USD 1 Quarter
Net loss NetIncomeLoss $-26.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $77.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $80.00M USD 1 Quarter
Amortization of debt issuance cost and discount AmortizationOfFinancingCostsAndDiscounts $5.00M USD 1 Quarter
Amortization of debt issuance cost and discount AmortizationOfFinancingCostsAndDiscounts $5.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $9.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $9.00M USD 1 Quarter
Excess tax benefit from equity-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $2.00M USD 1 Quarter
Excess tax benefit from equity-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $3.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit - USD 1 Quarter
Unrealized gain on forward interest rate swaps UnrealizedGainLossOnDerivatives $1.00M USD 1 Quarter
Unrealized gain on forward interest rate swaps UnrealizedGainLossOnDerivatives $2.00M USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement - USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement $3.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-65.00M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-28.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-12.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $25.00M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets - USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $13.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $20.00M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-27.00M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $10.00M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-35.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $29.00M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $4.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-47.00M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-33.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $-7.00M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $-2.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $96.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $36.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $26.00M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $19.00M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $49.00M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Proceeds from sale of long-term investments ProceedsFromSaleOfLongtermInvestments - USD 1 Quarter
Proceeds from sale of long-term investments ProceedsFromSaleOfLongtermInvestments $2.00M USD 1 Quarter
Purchases of long-term investments PaymentsToAcquireLongtermInvestments $1.00M USD 1 Quarter
Purchases of long-term investments PaymentsToAcquireLongtermInvestments - USD 1 Quarter
Purchases of investments and marketable securities PaymentsToAcquireInvestments - USD 1 Quarter
Purchases of investments and marketable securities PaymentsToAcquireInvestments $1.00M USD 1 Quarter
Proceeds from sales of investments and marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $25.00M USD 1 Quarter
Proceeds from sales of investments and marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities - USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-49.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-20.00M USD 1 Quarter
Payment of debt RepaymentsOfLongTermDebt $80.00M USD 1 Quarter
Payment of debt RepaymentsOfLongTermDebt $50.00M USD 1 Quarter
Proceeds from exercise of stock options and stock purchase plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 1 Quarter
Proceeds from exercise of stock options and stock purchase plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $8.00M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $2.00M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities - USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-40.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-77.00M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-11.00M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $3.00M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $2.00M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-64.00M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $394.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $194.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $192.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $330.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $394.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $194.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $192.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $330.00M USD Point-in-time
Income taxes paid, net IncomeTaxesPaidNet $29.00M USD 1 Quarter
Income taxes paid, net IncomeTaxesPaidNet $5.00M USD 1 Quarter
Interest paid InterestPaid $26.00M USD 1 Quarter
Interest paid InterestPaid $27.00M USD 1 Quarter
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-25.00M USD 1 Quarter
Net loss NetIncomeLoss $-26.00M USD 1 Quarter
Unrealized (loss) gain on anticipated sales hedging transactions OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-15.00M USD 1 Quarter
Unrealized (loss) gain on anticipated sales hedging transactions OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $2.00M USD 1 Quarter
Unrealized loss on forward interest rate swaps hedging transactions OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-7.00M USD 1 Quarter
Unrealized loss on forward interest rate swaps hedging transactions OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-7.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $4.00M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-32.00M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-44.00M USD 1 Quarter

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

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