10-Q Filing

RIVERBED TECHNOLOGY, INC. CIK: 1357326 Q1 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-119005`
Period End Date	20110331
Filing Date	20110429
Fiscal Year	2011
Fiscal Period	Q1
XBRL Instance	rvbd-20110331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 41 Cash Flow Statement 55

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.27M	USD	Point-in-time
Trade receivables, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.75M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.73M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$196.95M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$259.25M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$274.94M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade receivables, net of allowances of $1,275 and $1,402 as of March 31, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$61.23M	USD	Point-in-time
Trade receivables, net of allowances of $1,275 and $1,402 as of March 31, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$50.73M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory	`InventoryNet`	$15.53M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Inventory	`InventoryNet`	$15.18M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$20.83M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	150.87M	shares	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$22.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	153.46M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.96M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	153.46M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$27.70M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	150.87M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$599.16M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$542.67M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$92.51M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$76.17M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$21.52M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$22.47M	USD	Point-in-time
Goodwill	`Goodwill`	$25.08M	USD	Point-in-time
Goodwill	`Goodwill`	$25.65M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$30.79M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$28.66M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsNetNoncurrent`	$38.84M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsNetNoncurrent`	$35.77M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$25.25M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.51M	USD	Point-in-time
Total assets	`Assets`	$831.97M	USD	Point-in-time
Total assets	`Assets`	$736.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.96M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.02M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$29.24M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$32.91M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$18.81M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$16.90M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$103.24M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$89.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$167.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$176.34M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$26.51M	USD	Point-in-time
Deferred revenue, non-current	`DeferredRevenueNoncurrent`	$28.90M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.03M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.38M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$30.89M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$40.92M	USD	Point-in-time
Preferred stock, $0.0001 par value - 30,000 shares authorized, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value - 30,000 shares authorized, no shares outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value - 600,000 shares authorized; 153,457 and 150,868 shares issued and outstanding as of March 31, 2011 and December 31, 2010, respectively	`CommonStockIncludingAdditionalPaidInCapital`	$582.01M	USD	Point-in-time
Common stock and additional paid-in capital; $0.0001 par value - 600,000 shares authorized; 153,457 and 150,868 shares issued and outstanding as of March 31, 2011 and December 31, 2010, respectively	`CommonStockIncludingAdditionalPaidInCapital`	$518.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$32.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.31M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$59.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$335.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$614.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$537.42M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$831.97M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$736.08M	USD	Point-in-time

Income Statement 41 line items

Line Item	Tag	Value	Unit	Period
Product	`SalesRevenueGoodsNet`	$112.15M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$74.74M	USD	1 Quarter
Support and services	`SalesRevenueServicesNet`	$51.41M	USD	1 Quarter
Support and services	`SalesRevenueServicesNet`	$37.69M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$112.42M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$163.56M	USD	1 Quarter
Cost of product	`CostOfGoodsSold`	$16.63M	USD	1 Quarter
Cost of product	`CostOfGoodsSold`	$23.73M	USD	1 Quarter
Cost of support and services	`CostOfServices`	$11.23M	USD	1 Quarter
Cost of support and services	`CostOfServices`	$15.22M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$27.87M	USD	1 Quarter
Total cost of revenue	`CostOfRevenue`	$38.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$84.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$124.61M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$50.07M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$61.08M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$18.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$28.31M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.75M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.68M	USD	1 Quarter
Acquisition-related costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.73M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$103.08M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$82.42M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$21.53M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.13M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$498.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$115.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$2.25M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$22.03M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.98M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.03M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	141.14M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.46M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	149.75M	shares	1 Quarter

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$13.04M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.76M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$15.45M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$21.94M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.02M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.17M	USD	1 Quarter
Excess tax benefit from employee stock plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.49M	USD	1 Quarter
Excess tax benefit from employee stock plans	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$21.22M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$10.50M	USD	1 Quarter
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-5.45M	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$347.00K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-3.04M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.49M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$237.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-296.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.49M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.99M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.64M	USD	1 Quarter
Acquisition-related contingent consideration	`IncreaseDecreaseInOtherOperatingLiabilities`	$4.16M	USD	1 Quarter
Acquisition-related contingent consideration	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.99M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$21.68M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$16.60M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$14.61M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.43M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$24.79M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.34M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.55M	USD	1 Quarter
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$116.08M	USD	1 Quarter
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecurities`	$168.24M	USD	1 Quarter
Proceeds from maturities of available for sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$52.47M	USD	1 Quarter
Proceeds from maturities of available for sale securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$112.96M	USD	1 Quarter
Proceeds from sales of available for sale securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$23.20M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-35.42M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-66.16M	USD	1 Quarter
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromStockPlans`	$12.53M	USD	1 Quarter
Proceeds from issuance of common stock under employee stock plans	`ProceedsFromStockPlans`	$20.34M	USD	1 Quarter
Excess tax benefit from employee stock plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.49M	USD	1 Quarter
Excess tax benefit from employee stock plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$21.22M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.56M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.02M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-199.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$293.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.91M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$31.22M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$165.73M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$196.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$65.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$67.75M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$196.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$165.73M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.75M	USD	Point-in-time

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