10-Q Filing

RAMBUS INC CIK: 917273 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0000917273-13-000017`
Period End Date	20130331
Filing Date	20130426
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	rmbs-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 40 Cash Flow Statement 70 Comprehensive Income 6

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Convertible preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	USD	Point-in-time
Convertible preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$57.61M	USD	Point-in-time
Convertible preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$54.35M	USD	Point-in-time
Convertible preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, Outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$60.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$529.00K	USD	Point-in-time
Convertible preferred stock, Outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.53M	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.04M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$788.00K	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$788.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$215.18M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$224.71M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	111.64M	shares	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	111.53M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$153.17M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$145.93M	USD	Point-in-time
Common stock, Outstanding shares	`CommonStockSharesOutstanding`	111.53M	shares	Point-in-time
Common stock, Outstanding shares	`CommonStockSharesOutstanding`	111.64M	shares	Point-in-time
Goodwill	`Goodwill`	$124.97M	USD	Point-in-time
Goodwill	`Goodwill`	$124.97M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$78.22M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$86.91M	USD	Point-in-time
Deferred taxes, long-term	`DeferredTaxAssetsNetNoncurrent`	$4.81M	USD	Point-in-time
Deferred taxes, long-term	`DeferredTaxAssetsNetNoncurrent`	$4.46M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.13M	USD	Point-in-time
Total assets	`Assets`	$587.81M	USD	Point-in-time
Total assets	`Assets`	$581.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.92M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.04M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.93M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$23.99M	USD	Point-in-time
Accrued litigation expenses	`AccruedLitigationExpenses`	$9.82M	USD	Point-in-time
Accrued litigation expenses	`AccruedLitigationExpenses`	$10.26M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$7.95M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$12.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$54.13M	USD	Point-in-time
Convertible notes, long-term	`ConvertibleLongTermNotesPayable`	$147.56M	USD	Point-in-time
Convertible notes, long-term	`ConvertibleLongTermNotesPayable`	$151.49M	USD	Point-in-time
Long-term imputed financing obligation	`LongTermImputedFinancingObligation`	$45.92M	USD	Point-in-time
Long-term imputed financing obligation	`LongTermImputedFinancingObligation`	$39.69M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$6.53M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$6.53M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$13.99M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$265.87M	USD	Point-in-time
Total liabilities	`Liabilities`	$266.22M	USD	Point-in-time
Commitments and contingencies (Notes 9 and 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 9 and 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $.001 par value: Authorized: 5,000,000 shares Issued and outstanding: no shares at March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Convertible preferred stock, $.001 par value: Authorized: 5,000,000 shares Issued and outstanding: no shares at March 31, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value: Authorized: 500,000,000 shares Issued and outstanding: 111,641,153 shares at March 31, 2013 and 111,525,021 shares at December 31, 2012	`CommonStockValue`	$112.00K	USD	Point-in-time
Common stock, $.001 par value: Authorized: 500,000,000 shares Issued and outstanding: 111,641,153 shares at March 31, 2013 and 111,525,021 shares at December 31, 2012	`CommonStockValue`	$112.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.08B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-753.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-764.38M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-300.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-314.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$315.80M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$321.59M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$587.81M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$581.67M	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Royalties	`RoyaltyRevenue`	$62.04M	USD	1 Quarter
Royalties	`RoyaltyRevenue`	$66.22M	USD	1 Quarter
Contract revenue	`ContractsRevenue`	$820.00K	USD	1 Quarter
Contract revenue	`ContractsRevenue`	$644.00K	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$66.87M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$62.86M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$7.16M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$5.25M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.39M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$32.85M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$34.83M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.11M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	$2.21M	USD	1 Quarter
Restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Costs of restatement and related legal activities	`LegalFees`	$17.00K	USD	1 Quarter
Costs of restatement and related legal activities	`LegalFees`	$30.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$65.42M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$80.42M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-17.56M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$1.44M	USD	1 Quarter
Interest income and other income (expense), net	`InvestmentIncomeNet`	$98.00K	USD	1 Quarter
Interest income and other income (expense), net	`InvestmentIncomeNet`	$-20.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.58M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.31M	USD	1 Quarter
Interest and other income (expense), net	`InterestIncomeExpenseNet`	$-6.48M	USD	1 Quarter
Interest and other income (expense), net	`InterestIncomeExpenseNet`	$-7.33M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-5.89M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-24.04M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.85M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.51M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.40M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasicUndistributed`	$-0.25	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasicUndistributed`	$-0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDilutedUndistributed`	$-0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDilutedUndistributed`	$-0.25	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	111.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.60M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.40M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.95M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.73M	USD	1 Quarter
Depreciation	`Depreciation`	$3.79M	USD	1 Quarter
Depreciation	`Depreciation`	$3.10M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$7.62M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$7.04M	USD	1 Quarter
Non-cash interest expense and amortization of convertible debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.09M	USD	1 Quarter
Non-cash interest expense and amortization of convertible debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.51M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$263.00K	USD	1 Quarter
Non-cash restructuring	`RestructuringCosts`	-	USD	1 Quarter
Non-cash restructuring	`RestructuringCosts`	$653.00K	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfIntangibleAssets`	$1.28M	USD	1 Quarter
Gain on sale of assets	`GainLossOnDispositionOfIntangibleAssets`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-469.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-298.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.20M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-2.96M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.24M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.56M	USD	1 Quarter
Accrued salaries and benefits and other accrued liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.50M	USD	1 Quarter
Accrued salaries and benefits and other accrued liabilities	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.21M	USD	1 Quarter
Accrued litigation expenses	`AccruedLitigationExpense`	$434.00K	USD	1 Quarter
Accrued litigation expenses	`AccruedLitigationExpense`	$306.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$378.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-794.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.31M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-10.99M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.04M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.70M	USD	1 Quarter
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.88M	USD	1 Quarter
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$250.00K	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$36.70M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	-	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$82.93M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$33.25M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfIntangibleAssets`	-	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfIntangibleAssets`	$2.00M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.40M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$37.24M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-7.03M	USD	1 Quarter
Payments under installment payment arrangement	`PaymentsUnderInstallment`	$28.00K	USD	1 Quarter
Payments under installment payment arrangement	`PaymentsUnderInstallment`	-	USD	1 Quarter
Principal payments against lease financing obligation	`PrincipalPaymentsAgainstLeaseFinancingObligation`	$26.00K	USD	1 Quarter
Principal payments against lease financing obligation	`PrincipalPaymentsAgainstLeaseFinancingObligation`	$3.00K	USD	1 Quarter
Proceeds received from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$63.00K	USD	1 Quarter
Proceeds received from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	-	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-54.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$60.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$26.30M	USD	1 Quarter
Net increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$8.23M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$148.98M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$188.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$148.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$188.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.22M	USD	Point-in-time
Property, plant and equipment received and accrued in accounts payable and other accrued liabilities	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$3.89M	USD	1 Quarter
Property, plant and equipment received and accrued in accounts payable and other accrued liabilities	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$166.00K	USD	1 Quarter
Non-cash obligation for property, plant and equipment	`NoncashObligationForPropertyPlantAndEquipment`	-	USD	1 Quarter
Non-cash obligation for property, plant and equipment	`NoncashObligationForPropertyPlantAndEquipment`	$495.00K	USD	1 Quarter
Intangible assets acquired under installment payment arrangement	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$1.05M	USD	1 Quarter
Intangible assets acquired under installment payment arrangement	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	1 Quarter
Remaining purchase consideration for acquisition of business	`RemainingPurchaseConsiderationForAquisition`	-	USD	1 Quarter
Remaining purchase consideration for acquisition of business	`RemainingPurchaseConsiderationForAquisition`	$3.88M	USD	1 Quarter

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.40M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`MarketableSecuritiesUnrealizedGainLoss`	$-14.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`MarketableSecuritiesUnrealizedGainLoss`	$94.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-10.42M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-27.80M	USD	1 Quarter

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