10-Q Filing

RAMBUS INC CIK: 917273 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001104659-12-030524`
Period End Date	20120331
Filing Date	20120430
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	rmbs-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 41 Cash Flow Statement 57 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
Convertible preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Convertible preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Convertible preferred stock, Issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.23M	USD	Point-in-time
Convertible preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$215.26M	USD	Point-in-time
Convertible preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	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
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$127.21M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesCurrent`	$43.97M	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
Accounts receivable	`AccountsReceivableNetCurrent`	$1.03M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$728.00K	USD	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.10M	USD	Point-in-time
Common Stock, Issued shares	`CommonStockSharesIssued`	110.41M	shares	Point-in-time
Prepaids and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.01M	USD	Point-in-time
Common Stock, Issued shares	`CommonStockSharesIssued`	110.27M	shares	Point-in-time
Common Stock, outstanding shares	`CommonStockSharesOutstanding`	110.41M	shares	Point-in-time
Common Stock, outstanding shares	`CommonStockSharesOutstanding`	110.27M	shares	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$2.80M	USD	Point-in-time
Deferred taxes	`DeferredTaxAssetsNetCurrent`	$2.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$301.38M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$243.05M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$194.90M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$181.96M	USD	Point-in-time
Goodwill	`Goodwill`	$115.15M	USD	Point-in-time
Goodwill	`Goodwill`	$138.67M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$81.93M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$81.11M	USD	Point-in-time
Deferred taxes, long term	`DeferredTaxAssetsNetNoncurrent`	$7.53M	USD	Point-in-time
Deferred taxes, long term	`DeferredTaxAssetsNetNoncurrent`	$7.53M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.54M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.61M	USD	Point-in-time
Total assets	`Assets`	$673.69M	USD	Point-in-time
Total assets	`Assets`	$693.65M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.57M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$26.83M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$31.76M	USD	Point-in-time
Accrued litigation expenses	`AccruedLitigationExpenses`	$10.50M	USD	Point-in-time
Accrued litigation expenses	`AccruedLitigationExpenses`	$10.81M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$15.17M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$6.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$65.31M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$59.43M	USD	Point-in-time
Convertible notes, long-term	`ConvertibleLongTermNotesPayable`	$133.49M	USD	Point-in-time
Convertible notes, long-term	`ConvertibleLongTermNotesPayable`	$136.84M	USD	Point-in-time
Long-term imputed financing obligation	`LongTermImputedFinancingObligation`	$44.28M	USD	Point-in-time
Long-term imputed financing obligation	`LongTermImputedFinancingObligation`	$43.79M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$9.34M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$9.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$11.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$15.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$263.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$265.27M	USD	Point-in-time
Commitments and contingencies (Notes 7 and 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 7 and 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Convertible preferred stock, $.001 par value: Authorized: 5,000,000 shares; Issued and outstanding: no shares at March 31, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Convertible preferred stock, $.001 par value: Authorized: 5,000,000 shares; Issued and outstanding: no shares at March 31, 2012 and December 31, 2011	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, $.001 par value: Authorized: 500,000,000 shares; Issued and outstanding: 110,409,906 shares at March 31, 2012 and 110,267,145 shares at December 31, 2011	`CommonStockValue`	$110.00K	USD	Point-in-time
Common Stock, $.001 par value: Authorized: 500,000,000 shares; Issued and outstanding: 110,409,906 shares at March 31, 2012 and 110,267,145 shares at December 31, 2011	`CommonStockValue`	$110.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.05B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$1.06B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-647.53M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-619.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-389.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-295.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$408.41M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$429.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$673.69M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$693.65M	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Royalties	`RoyaltyRevenue`	$62.04M	USD	1 Quarter
Royalties	`RoyaltyRevenue`	$59.23M	USD	1 Quarter
Contract revenue	`ContractsRevenue`	$3.29M	USD	1 Quarter
Contract revenue	`ContractsRevenue`	$820.00K	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$62.53M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$62.86M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$7.16M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.73M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$7.29M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$3.15M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$23.32M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$38.39M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$34.83M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.73M	USD	1 Quarter
Costs of restatement and related legal activities	`LegalFees`	$1.16M	USD	1 Quarter
Costs of restatement and related legal activities	`LegalFees`	$30.00K	USD	1 Quarter
Gain from settlement	`GainLossRelatedToLitigationSettlement`	$6.20M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$80.42M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$54.16M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$8.37M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-17.56M	USD	1 Quarter
Interest income and other income (expense), net	`InvestmentIncomeNet`	$164.00K	USD	1 Quarter
Interest income and other income (expense), net	`InvestmentIncomeNet`	$98.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.58M	USD	1 Quarter
Interest and other income (expense), net	`InterestIncomeExpenseNet`	$-5.82M	USD	1 Quarter
Interest and other income (expense), net	`InterestIncomeExpenseNet`	$-6.48M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.55M	USD	1 Quarter
Income (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`	$6.78M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.23M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasicUndistributed`	$-0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasicUndistributed`	$-0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDilutedUndistributed`	$-0.25	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDilutedUndistributed`	$-0.04	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.36M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	107.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	107.61M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	110.36M	shares	1 Quarter

Cash Flow Statement 57 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.23M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$6.73M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$7.29M	USD	1 Quarter
Depreciation	`Depreciation`	$3.10M	USD	1 Quarter
Depreciation	`Depreciation`	$2.80M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.98M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$7.62M	USD	1 Quarter
Non-cash interest expense and amortization of convertible debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.51M	USD	1 Quarter
Non-cash interest expense and amortization of convertible debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$3.02M	USD	1 Quarter
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-46.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.21M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-298.00K	USD	1 Quarter
Prepaids and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$343.00K	USD	1 Quarter
Prepaids and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.20M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.56M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.09M	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`	$-24.50M	USD	1 Quarter
Accrued litigation expenses	`AccruedLitigationExpense`	$306.00K	USD	1 Quarter
Accrued litigation expenses	`AccruedLitigationExpense`	$684.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-794.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.50M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.54M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-10.99M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$42.40M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.04M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.48M	USD	1 Quarter
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$250.00K	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$94.16M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$82.93M	USD	1 Quarter
Maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$62.82M	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`	$-37.82M	USD	1 Quarter
Proceeds received from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.26M	USD	1 Quarter
Proceeds received from issuance of common stock under employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$63.00K	USD	1 Quarter
Principal payments against lease financing obligation	`PrincipalPaymentsAgainstLeaseFinancingObligation`	$417.00K	USD	1 Quarter
Principal payments against lease financing obligation	`PrincipalPaymentsAgainstLeaseFinancingObligation`	$3.00K	USD	1 Quarter
Proceeds from landlord for tenant improvements	`PaymentsForProceedsFromTenantAllowance`	$-6.74M	USD	1 Quarter
Payments under installment payment arrangement	`PaymentsUnderInstallment`	$250.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$9.34M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$60.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$26.30M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-33.03M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$188.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$182.23M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$215.26M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	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`	$182.23M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$215.26M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$162.24M	USD	Point-in-time
Property, plant and equipment received and accrued in accounts payable and other accrued liabilities	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$2.36M	USD	1 Quarter
Property, plant and equipment received and accrued in accounts payable and other accrued liabilities	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$3.89M	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
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`	$-4.23M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.89M	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`MarketableSecuritiesUnrealizedGainLoss`	$94.00K	USD	1 Quarter
Unrealized gain (loss) on marketable securities, net of tax	`MarketableSecuritiesUnrealizedGainLoss`	$-1.00K	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.23M	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.