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10-Q Filing

ZEBRA TECHNOLOGIES CORP CIK: 877212 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-187284
Period End Date 20150331
Filing Date 20150514
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance zbra-20150404.xml
Filing Contents
Balance Sheet 76 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10,000.00 shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10,000.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.42M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $393.95M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $329.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $62.83M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Investments and marketable securities ShortTermInvestments - USD Point-in-time
Investments and marketable securities ShortTermInvestments $24.39M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $670.40M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $637.95M USD Point-in-time
Inventories, net InventoryNet $394.18M USD Point-in-time
Inventories, net InventoryNet $405.47M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $116.71M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $122.77M USD Point-in-time
Treasury stock, shares TreasuryStockShares 20,322.00 shares Point-in-time
Treasury stock, shares TreasuryStockShares 20,498.00 shares Point-in-time
Income tax receivable IncomeTaxesReceivable $60.34M USD Point-in-time
Income tax receivable IncomeTaxesReceivable $12.99M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $68.97M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $53.38M USD Point-in-time
Total current assets AssetsCurrent $1.67B USD Point-in-time
Total current assets AssetsCurrent $1.62B USD Point-in-time
Property and equipment at cost, less accumulated depreciation and amortization PropertyPlantAndEquipmentNet $270.23M USD Point-in-time
Property and equipment at cost, less accumulated depreciation and amortization PropertyPlantAndEquipmentNet $255.09M USD Point-in-time
Goodwill Goodwill $2.48B USD Point-in-time
Goodwill Goodwill $2.49B USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $961.70M USD Point-in-time
Other intangibles, net IntangibleAssetsNetExcludingGoodwill $1.03B USD Point-in-time
Debt issuance cost UnamortizedDebtIssuanceExpense $28.92M USD Point-in-time
Debt issuance cost UnamortizedDebtIssuanceExpense $29.79M USD Point-in-time
Other assets OtherAssetsNoncurrent $92.28M USD Point-in-time
Other assets OtherAssetsNoncurrent $93.12M USD Point-in-time
Total assets Assets $5.57B USD Point-in-time
Total assets Assets $5.45B USD Point-in-time
Accounts payable AccountsPayableCurrent $284.73M USD Point-in-time
Accounts payable AccountsPayableCurrent $326.52M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $371.11M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $421.07M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $196.21M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $225.11M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $7.52M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $4.52M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $14.90M USD Point-in-time
Total current liabilities LiabilitiesCurrent $895.85M USD Point-in-time
Total current liabilities LiabilitiesCurrent $955.85M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.14B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $3.18B USD Point-in-time
Long-term deferred tax liability DeferredTaxLiabilitiesNoncurrent $199.85M USD Point-in-time
Long-term deferred tax liability DeferredTaxLiabilitiesNoncurrent $192.54M USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $115.85M USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $107.69M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $74.43M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $88.37M USD Point-in-time
Total liabilities Liabilities $4.53B USD Point-in-time
Total liabilities Liabilities $4.43B USD Point-in-time
Preferred Stock, $.01 par value; authorized 10,000 shares; issued 0 shares PreferredStockValue - USD Point-in-time
Preferred Stock, $.01 par value; authorized 10,000 shares; issued 0 shares PreferredStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $160.31M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $147.09M USD Point-in-time
Treasury stock at cost, 20,322 and 20,498 shares, respectively TreasuryStockValue $629.40M USD Point-in-time
Treasury stock at cost, 20,322 and 20,498 shares, respectively TreasuryStockValue $634.66M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.51B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.54B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-15.64M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.55M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.19M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.78M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.03B USD Point-in-time
Total stockholders' equity StockholdersEquity $1.04B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $5.45B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $5.57B USD Point-in-time
Income Statement 56 line items
Line Item Tag Value Unit Period
Net sales of tangible products SalesRevenueGoodsNet $755.32M USD 1 Quarter
Net sales of tangible products SalesRevenueGoodsNet $261.89M USD 1 Quarter
Revenue from services and software SalesRevenueServicesNet $26.38M USD 1 Quarter
Revenue from services and software SalesRevenueServicesNet $137.86M USD 1 Quarter
Total net sales SalesRevenueNet $288.27M USD 1 Quarter
Total net sales SalesRevenueNet $893.18M USD 1 Quarter
Cost of sales of tangible products CostOfGoodsSold $385.37M USD 1 Quarter
Cost of sales of tangible products CostOfGoodsSold $130.45M USD 1 Quarter
Cost of services and software CostOfServices $9.88M USD 1 Quarter
Cost of services and software CostOfServices $98.29M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $140.33M USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $483.66M USD 1 Quarter
Gross profit GrossProfit $147.94M USD 1 Quarter
Gross profit GrossProfit $409.52M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $35.42M USD 1 Quarter
Selling and marketing SellingAndMarketingExpense $122.11M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $22.86M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $96.42M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $66.14M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $28.39M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.67M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $67.59M USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionRelatedCosts $4.93M USD 1 Quarter
Acquisition and integration costs BusinessCombinationAcquisitionRelatedCosts $26.33M USD 1 Quarter
Exit and restructuring costs RestructuringCharges $267.00K USD 1 Quarter
Exit and restructuring costs RestructuringCharges $11.17M USD 1 Quarter
Total operating expenses OperatingExpenses $94.53M USD 1 Quarter
Total operating expenses OperatingExpenses $389.75M USD 1 Quarter
Operating income OperatingIncomeLoss $19.77M USD 1 Quarter
Operating income OperatingIncomeLoss $53.41M USD 1 Quarter
Investment income (loss) gain GainLossOnInvestments $-197.00K USD 1 Quarter
Investment income (loss) gain GainLossOnInvestments $421.00K USD 1 Quarter
Foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-27.19M USD 1 Quarter
Foreign exchange loss ForeignCurrencyTransactionGainLossBeforeTax $-292.00K USD 1 Quarter
Forward interest rate swaps gain GainLossOnDerivativeInstrumentsNetPretax $1.69M USD 1 Quarter
Forward interest rate swaps gain GainLossOnDerivativeInstrumentsNetPretax - USD 1 Quarter
Interest expense InterestExpense $18.00K USD 1 Quarter
Interest expense InterestExpense $50.97M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-1.27M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $26.00K USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $137.00K USD 1 Quarter
Total other (expense) income NonoperatingIncomeExpense $-77.94M USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $53.55M USD 1 Quarter
(Loss) income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-58.16M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-32.87M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $11.94M USD 1 Quarter
Net (loss) income NetIncomeLoss $41.61M USD 1 Quarter
Net (loss) income NetIncomeLoss $-25.30M USD 1 Quarter
Basic (loss) earnings per share EarningsPerShareBasic $0.83 USD 1 Quarter
Basic (loss) earnings per share EarningsPerShareBasic $-0.50 USD 1 Quarter
Diluted (loss) earnings per share EarningsPerShareDiluted $-0.50 USD 1 Quarter
Diluted (loss) earnings per share EarningsPerShareDiluted $0.82 USD 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 50.67M shares 1 Quarter
Basic weighted average shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 50.40M shares 1 Quarter
Diluted weighted average and equivalent shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 50.67M shares 1 Quarter
Diluted weighted average and equivalent shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 50.97M shares 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net (loss) income NetIncomeLoss $41.61M USD 1 Quarter
Net (loss) income NetIncomeLoss $-25.30M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $9.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $79.70M USD 1 Quarter
Amortization of debt issuance cost and discount AmortizationOfFinancingCostsAndDiscounts $4.56M USD 1 Quarter
Amortization of debt issuance cost and discount AmortizationOfFinancingCostsAndDiscounts - USD 1 Quarter
Share-based compensation ShareBasedCompensation $2.97M USD 1 Quarter
Share-based compensation ShareBasedCompensation $8.80M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $1.49M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $395.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-199.00K USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $18.00K USD 1 Quarter
Unrealized gain on forward interest rate swaps UnrealizedGainLossOnDerivatives - USD 1 Quarter
Unrealized gain on forward interest rate swaps UnrealizedGainLossOnDerivatives $1.69M USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement $12.00K USD 1 Quarter
All other, net OtherOperatingActivitiesCashFlowStatement $-144.00K USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $-28.23M USD 1 Quarter
Accounts receivable, net IncreaseDecreaseInAccountsReceivable $4.79M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $24.66M USD 1 Quarter
Inventories, net IncreaseDecreaseInInventories $-1.66M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $13.33M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-2.42M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-27.07M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-2.44M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $10.03M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-9.67M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $682.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $29.42M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $8.15M USD 1 Quarter
Income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-33.39M USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $-533.00K USD 1 Quarter
Other operating activities IncreaseDecreaseInOtherOperatingCapitalNet $-2.13M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $35.60M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $49.76M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $25.52M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.37M USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $48.80M USD 1 Quarter
Proceeds from sale of long-term investments ProceedsFromSaleOfLongtermInvestments $1.75M USD 1 Quarter
Proceeds from sale of long-term investments ProceedsFromSaleOfLongtermInvestments - USD 1 Quarter
Purchases of long-term investments PaymentsToAcquireLongtermInvestments $405.00K USD 1 Quarter
Purchases of long-term investments PaymentsToAcquireLongtermInvestments $168.00K USD 1 Quarter
Purchases of investments and marketable securities PaymentsToAcquireInvestments $739.00K USD 1 Quarter
Purchases of investments and marketable securities PaymentsToAcquireInvestments $151.82M USD 1 Quarter
Maturities of investments and marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $16.00M USD 1 Quarter
Maturities of investments and marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities - USD 1 Quarter
Proceeds from sales of investments and marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $72.21M USD 1 Quarter
Proceeds from sales of investments and marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $25.11M USD 1 Quarter
Net cash (used) in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-48.38M USD 1 Quarter
Net cash (used) in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-66.39M USD 1 Quarter
Payment of debt RepaymentsOfLongTermDebt - USD 1 Quarter
Payment of debt RepaymentsOfLongTermDebt $50.00M USD 1 Quarter
Proceeds from exercise of stock options and stock purchase plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $8.20M USD 1 Quarter
Proceeds from exercise of stock options and stock purchase plan purchases ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $4.94M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $1.49M USD 1 Quarter
Excess tax benefit from share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $395.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-40.31M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $5.33M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-95.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-11.32M USD 1 Quarter
Net (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-11.40M USD 1 Quarter
Net (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-64.42M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $51.42M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $393.95M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $329.53M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $62.83M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $51.42M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $393.95M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $329.53M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $62.83M USD Point-in-time
Income taxes paid, net IncomeTaxesPaid $4.84M USD 1 Quarter
Income taxes paid, net IncomeTaxesPaid $3.30M USD 1 Quarter
Interest paid InterestPaid $26.71M USD 1 Quarter
Interest paid InterestPaid - USD 1 Quarter
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net (loss) income NetIncomeLoss $41.61M USD 1 Quarter
Net (loss) income NetIncomeLoss $-25.30M USD 1 Quarter
Unrealized gain on anticipated sales hedging transactions, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.69M USD 1 Quarter
Unrealized gain on anticipated sales hedging transactions, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $613.00K USD 1 Quarter
Unrealized loss on forward interest rate swaps hedging transactions, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-7.05M USD 1 Quarter
Unrealized loss on forward interest rate swaps hedging transactions, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Unrealized holding (loss) gain on investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $148.00K USD 1 Quarter
Unrealized holding (loss) gain on investments, net of taxes OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-16.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-1.71M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-167.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-32.39M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $42.20M USD 1 Quarter

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

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