10-Q Filing

PDF SOLUTIONS INC CIK: 1120914 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001437749-12-004689`
Period End Date	20120331
Filing Date	20120509
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	pdfs-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 46 Cash Flow Statement 54

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$254.00K	USD	Point-in-time
Accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$291.00K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$45.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.04M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $291 and $254, respectively	`AccountsReceivableNetCurrent`	$20.86M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance of $291 and $254, respectively	`AccountsReceivableNetCurrent`	$27.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$2.48M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssets`	$3.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$75.89M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.62M	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	70.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.15M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$777.00K	USD	Point-in-time
Non-current investments	`LongTermInvestments`	$784.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.88M	shares	Point-in-time
Non-current investments	`LongTermInvestments`	$784.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.63M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$332.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.30M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$539.00K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	28.55M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	4.33M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	4.33M	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.65M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.66M	USD	Point-in-time
Total assets	`Assets`	$80.80M	USD	Point-in-time
Total assets	`Assets`	$74.38M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$974.00K	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.86M	USD	Point-in-time
Accrued compensation and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$5.03M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$2.90M	USD	Point-in-time
Accrued and other current liabilities	`AccruedLiabilitiesCurrent`	$2.33M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$3.31M	USD	Point-in-time
Deferred revenues	`DeferredRevenueCurrent`	$2.96M	USD	Point-in-time
Billings in excess of recognized revenues	`BillingsInExcessOfCost`	$2.09M	USD	Point-in-time
Billings in excess of recognized revenues	`BillingsInExcessOfCost`	$1.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.38M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$14.83M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$2.94M	USD	Point-in-time
Long-term income taxes payable	`AccruedIncomeTaxesNoncurrent`	$3.49M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$557.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$667.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$18.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.54M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.00015 par value, 5,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.00015 par value, 5,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.00015 par value, 70,000 shares authorized: shares issued 32,879 and 32,635, respectively; shares outstanding 28,546 and 28,304, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, $0.00015 par value, 70,000 shares authorized: shares issued 32,879 and 32,635, respectively; shares outstanding 28,546 and 28,304, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$210.78M	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$208.83M	USD	Point-in-time
Treasury stock, at cost, 4,333 and 4,331 shares, respectively	`TreasuryStockValue`	$22.92M	USD	Point-in-time
Treasury stock, at cost, 4,333 and 4,331 shares, respectively	`TreasuryStockValue`	$22.90M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-125.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-128.79M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-299.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-108.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$56.84M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.47M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$80.80M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$74.38M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Design-to-silicon-yield solutions	`LicenseAndServicesRevenue`	$13.39M	USD	1 Quarter
Design-to-silicon-yield solutions	`LicenseAndServicesRevenue`	$10.57M	USD	1 Quarter
Gainshare performance incentives	`GainsharePerformanceIncentives`	$7.26M	USD	1 Quarter
Gainshare performance incentives	`GainsharePerformanceIncentives`	$4.45M	USD	1 Quarter
Total revenues	`Revenues`	$20.64M	USD	1 Quarter
Total revenues	`Revenues`	$15.02M	USD	1 Quarter
Direct costs of design-to-silicon-yield solutions	`CostOfServicesLicensesAndServices`	$6.44M	USD	1 Quarter
Direct costs of design-to-silicon-yield solutions	`CostOfServicesLicensesAndServices`	$8.57M	USD	1 Quarter
Amortization of acquired technology	`CostOfGoodsSoldAmortization`	$156.00K	USD	1 Quarter
Amortization of acquired technology	`CostOfGoodsSoldAmortization`	$156.00K	USD	1 Quarter
Total cost of design-to silicon-yield solutions	`CostOfRevenue`	$6.59M	USD	1 Quarter
Total cost of design-to silicon-yield solutions	`CostOfRevenue`	$8.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$8.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$11.91M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.16M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$3.83M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.91M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.84M	USD	1 Quarter
Amortization of other acquired intangible assets	`AdjustmentForAmortization`	$51.00K	USD	1 Quarter
Amortization of other acquired intangible assets	`AdjustmentForAmortization`	$51.00K	USD	1 Quarter
Restructuring credits	`RestructuringCharges`	$-8.00K	USD	1 Quarter
Restructuring credits	`RestructuringCharges`	$-11.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.71M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-283.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$3.81M	USD	1 Quarter
Interest and other income (expense), net	`NonoperatingIncomeExpense`	$-142.00K	USD	1 Quarter
Interest and other income (expense), net	`NonoperatingIncomeExpense`	$-379.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-662.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$3.67M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$169.00K	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$96.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-758.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.50M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	28.38M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.81M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.05M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.81M	shares	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$191.00K	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$310.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$3.69M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-448.00K	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-758.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.50M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$131.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$90.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$905.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.12M	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$207.00K	USD	1 Quarter
Amortization of acquired intangible assets	`AmortizationOfIntangibleAssets`	$207.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-84.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-23.00K	USD	1 Quarter
Purchases of treasury stock in connection with tax withholdings on restricted stock grants	`OtherNoncashExpense`	$-19.00K	USD	1 Quarter
Purchases of treasury stock in connection with tax withholdings on restricted stock grants	`OtherNoncashExpense`	$-256.00K	USD	1 Quarter
Provisions for doubtful accounts	`ProvisionForDoubtfulAccounts`	$37.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.79M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-517.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$80.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$554.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$237.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$101.00K	USD	1 Quarter
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$810.00K	USD	1 Quarter
Accrued compensation and related benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-102.00K	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$77.00K	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$25.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$379.00K	USD	1 Quarter
Deferred revenues	`IncreaseDecreaseInDeferredRevenue`	$648.00K	USD	1 Quarter
Billings in excess of recognized revenues	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-746.00K	USD	1 Quarter
Billings in excess of recognized revenues	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-451.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.41M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$545.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$42.00K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$127.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-127.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$290.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$584.00K	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$429.00K	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$468.00K	USD	1 Quarter
Principal payments on long-term obligations	`RepaymentsOfLongTermDebt`	$27.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$692.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.05M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$47.00K	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-22.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-510.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.24M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$38.15M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$45.53M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$46.04M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$38.15M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$39.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$45.53M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$46.04M	USD	Point-in-time
Income Taxes	`IncomeTaxesPaid`	$440.00K	USD	1 Quarter
Income Taxes	`IncomeTaxesPaid`	$648.00K	USD	1 Quarter

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