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10-Q Filing

8X8 INC /DE/ CIK: 1023731 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001136261-15-000236
Period End Date 20150630
Filing Date 20150803
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance eght-20150630.xml
Filing Contents
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $59.16M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $53.11M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $29.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $55.07M USD Point-in-time
Short-term investments ShortTermInvestments $123.98M USD Point-in-time
Short-term investments ShortTermInvestments $127.67M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $8.04M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $6.64M USD Point-in-time
Inventory InventoryNet $618.00K USD Point-in-time
Inventory InventoryNet $704.00K USD Point-in-time
Deferred cost of goods sold DeferredCostsCurrent $428.00K USD Point-in-time
Deferred cost of goods sold DeferredCostsCurrent $500.00K USD Point-in-time
Deferred tax asset DeferredTaxAssetsNetCurrent $4.45M USD Point-in-time
Deferred tax asset DeferredTaxAssetsNetCurrent $3.98M USD Point-in-time
Other current assets OtherAssetsCurrent $4.03M USD Point-in-time
Other current assets OtherAssetsCurrent $2.27M USD Point-in-time
Total current assets AssetsCurrent $174.14M USD Point-in-time
Total current assets AssetsCurrent $191.60M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $11.71M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $10.25M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $12.26M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $28.51M USD Point-in-time
Goodwill Goodwill $48.04M USD Point-in-time
Goodwill Goodwill $36.89M USD Point-in-time
Non-current deferred tax asset NoncurrentDeferredTaxAssetNet $43.17M USD Point-in-time
Non-current deferred tax asset NoncurrentDeferredTaxAssetNet $43.17M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.46M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.46M USD Point-in-time
Total assets Assets $307.03M USD Point-in-time
Total assets Assets $295.62M USD Point-in-time
Accounts payable AccountsPayableCurrent $7.78M USD Point-in-time
Accounts payable AccountsPayableCurrent $9.74M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $7.30M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $6.18M USD Point-in-time
Accrued warranty AccountsPayableAndOtherAccruedLiabilitiesCurrent $342.00K USD Point-in-time
Accrued warranty AccountsPayableAndOtherAccruedLiabilitiesCurrent $339.00K USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $2.80M USD Point-in-time
Accrued taxes AccruedIncomeTaxesCurrent $3.44M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $1.51M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $1.77M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $3.35M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $2.96M USD Point-in-time
Total current liabilities LiabilitiesCurrent $25.69M USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.83M USD Point-in-time
Non-current liabilities OtherLiabilitiesNoncurrent $4.71M USD Point-in-time
Non-current liabilities OtherLiabilitiesNoncurrent $1.35M USD Point-in-time
Non-current deferred revenue DeferredRevenueNoncurrent $231.00K USD Point-in-time
Non-current deferred revenue DeferredRevenueNoncurrent $196.00K USD Point-in-time
Total liabilities Liabilities $23.41M USD Point-in-time
Total liabilities Liabilities $30.59M USD Point-in-time
Commitments and contingencies (Note 6) CommitmentsAndContingencies - USD Point-in-time
Common stock CommonStockValue $88.00K USD Point-in-time
Common stock CommonStockValue $88.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $378.97M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $382.24M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.11M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-679.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-105.21M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-104.74M USD Point-in-time
Total stockholders' equity StockholdersEquity $272.21M USD Point-in-time
Total stockholders' equity StockholdersEquity $276.44M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $307.03M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $295.62M USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Service revenue SalesRevenueServicesGross $44.17M USD 1 Quarter
Service revenue SalesRevenueServicesGross $34.28M USD 1 Quarter
Product revenue SalesRevenueGoodsNet $3.72M USD 1 Quarter
Product revenue SalesRevenueGoodsNet $3.64M USD 1 Quarter
Total revenue Revenues $47.89M USD 1 Quarter
Total revenue Revenues $37.91M USD 1 Quarter
Cost of service revenue CostOfServices $7.00M USD 1 Quarter
Cost of service revenue CostOfServices $8.46M USD 1 Quarter
Cost of product revenue CostOfGoodsSold $3.97M USD 1 Quarter
Cost of product revenue CostOfGoodsSold $4.38M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $5.08M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $3.41M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $19.16M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $23.82M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.07M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.88M USD 1 Quarter
Total operating expenses OperatingExpenses $47.81M USD 1 Quarter
Total operating expenses OperatingExpenses $37.41M USD 1 Quarter
Income from operations OperatingIncomeLoss $503.00K USD 1 Quarter
Income from operations OperatingIncomeLoss $79.00K USD 1 Quarter
Other income, net NonoperatingIncomeExpense $234.00K USD 1 Quarter
Other income, net NonoperatingIncomeExpense $177.00K USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $313.00K USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $680.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $672.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $785.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $-472.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $8.00K USD 1 Quarter
Basic EarningsPerShareBasic $-0.01 USD 1 Quarter
Basic EarningsPerShareBasic - USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.01 USD 1 Quarter
Diluted EarningsPerShareDiluted - USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 88.23M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 88.59M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 88.23M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 91.44M shares 1 Quarter
Cash Flow Statement 76 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-472.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $8.00K USD 1 Quarter
Depreciation Depreciation $993.00K USD 1 Quarter
Depreciation Depreciation $755.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $567.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $546.00K USD 1 Quarter
Amortization of capitalized software OtherDepreciationAndAmortization $456.00K USD 1 Quarter
Amortization of capitalized software OtherDepreciationAndAmortization $85.00K USD 1 Quarter
Net accretion of discount and amortization of premium on marketable securities AccretionExpense $236.00K USD 1 Quarter
Net accretion of discount and amortization of premium on marketable securities AccretionExpense $192.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.85M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $3.02M USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $476.00K USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $610.00K USD 1 Quarter
Other OtherNoncashExpense $9.00K USD 1 Quarter
Other OtherNoncashExpense $74.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $402.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $612.00K USD 1 Quarter
Inventory IncreaseDecreaseInInventories $-88.00K USD 1 Quarter
Inventory IncreaseDecreaseInInventories $-47.00K USD 1 Quarter
Other current and noncurrent assets IncreaseDecreaseInOtherOperatingAssets $470.00K USD 1 Quarter
Other current and noncurrent assets IncreaseDecreaseInOtherOperatingAssets $175.00K USD 1 Quarter
Deferred cost of goods sold IncreaseDecreaseInDeferredCharges $-157.00K USD 1 Quarter
Deferred cost of goods sold IncreaseDecreaseInDeferredCharges $53.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $988.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $1.13M USD 1 Quarter
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $725.00K USD 1 Quarter
Accrued compensation IncreaseDecreaseInEmployeeRelatedLiabilities $674.00K USD 1 Quarter
Accrued warranty IncreaseDecreaseInOtherCurrentLiabilities $-41.00K USD 1 Quarter
Accrued warranty IncreaseDecreaseInOtherCurrentLiabilities $3.00K USD 1 Quarter
Accrued taxes and fees IncreaseDecreaseInAccruedTaxesPayable $492.00K USD 1 Quarter
Accrued taxes and fees IncreaseDecreaseInAccruedTaxesPayable $128.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-704.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-352.00K USD 1 Quarter
Other current and noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.27M USD 1 Quarter
Other current and noncurrent liabilities IncreaseDecreaseInOtherOperatingLiabilities $-447.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $4.65M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $4.66M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.03M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.07M USD 1 Quarter
Purchase of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Purchase of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $23.43M USD 1 Quarter
Cost of capitalized software PaymentsForSoftware - USD 1 Quarter
Cost of capitalized software PaymentsForSoftware $471.00K USD 1 Quarter
Proceeds from maturity of investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $3.30M USD 1 Quarter
Proceeds from maturity of investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments $7.82M USD 1 Quarter
Sales of investments - available for sale ProceedsFromSaleAndMaturityOfMarketableSecurities $18.99M USD 1 Quarter
Sales of investments - available for sale ProceedsFromSaleAndMaturityOfMarketableSecurities $22.62M USD 1 Quarter
Purchase of investments - available for sale PaymentsToAcquireMarketableSecurities $30.13M USD 1 Quarter
Purchase of investments - available for sale PaymentsToAcquireMarketableSecurities $34.41M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-28.95M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-8.87M USD 1 Quarter
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations $54.00K USD 1 Quarter
Capital lease payments RepaymentsOfLongTermCapitalLeaseObligations $46.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $25.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $48.00K USD 1 Quarter
Proceeds from issuance of common stock under employee stock plans ProceedsFromStockPlans $336.00K USD 1 Quarter
Proceeds from issuance of common stock under employee stock plans ProceedsFromStockPlans $170.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $76.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $257.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $218.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations $56.00K USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-4.09M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-23.81M USD 1 Quarter
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $59.16M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $53.11M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $29.30M USD Point-in-time
Cash and cash equivalents at the beginning of the period CashAndCashEquivalentsAtCarryingValue $55.07M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $59.16M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $53.11M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $29.30M USD Point-in-time
Cash and cash equivalents at the end of the period CashAndCashEquivalentsAtCarryingValue $55.07M USD Point-in-time
Income taxes paid IncomeTaxesPaid $85.00K USD 1 Quarter
Income taxes paid IncomeTaxesPaid $52.00K USD 1 Quarter
Interest paid InterestPaid $6.00K USD 1 Quarter
Interest paid InterestPaid $1.00K USD 1 Quarter
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net income (loss) NetIncomeLoss $-472.00K USD 1 Quarter
Net income (loss) NetIncomeLoss $8.00K USD 1 Quarter
Unrealized gain (loss) on investments in securities OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent $-48.00K USD 1 Quarter
Unrealized gain (loss) on investments in securities OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent $86.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $453.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $1.48M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $547.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $958.00K USD 1 Quarter

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

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