10-Q Filing

AMBARELLA INC CIK: 1280263 Q1 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-020358`
Period End Date	20160430
Filing Date	20160608
Fiscal Year	2016
Fiscal Period	Q1
XBRL Instance	amba-20160430.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 30 Cash Flow Statement 68 Comprehensive Income 8

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Preference shares, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.29M	USD	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$267.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$268.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$197.31M	USD	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Marketable securities	`MarketableSecurities`	$55.85M	USD	Point-in-time
Marketable securities	`MarketableSecurities`	$39.84M	USD	Point-in-time
Ordinary shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ordinary shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$30.50M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$39.41M	USD	Point-in-time
Inventories	`InventoryNet`	$17.92M	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories	`InventoryNet`	$18.17M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$8.00K	USD	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	32.33M	shares	Point-in-time
Ordinary shares, shares issued	`CommonStockSharesIssued`	32.84M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$7.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.17M	USD	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	32.33M	shares	Point-in-time
Ordinary shares, shares outstanding	`CommonStockSharesOutstanding`	32.84M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$369.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$376.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.57M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.45M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsNetNoncurrent`	$4.63M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredTaxAssetsNetNoncurrent`	$6.54M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.17M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.18M	USD	Point-in-time
Goodwill	`Goodwill`	$26.60M	USD	Point-in-time
Goodwill	`Goodwill`	$26.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.12M	USD	Point-in-time
Total assets	`Assets`	$410.62M	USD	Point-in-time
Total assets	`Assets`	$419.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$16.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.18M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.78M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$17.39M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$787.00K	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$6.09M	USD	Point-in-time
Deferred revenue, current	`DeferredRevenueCurrent`	$10.08M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$48.82M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.77M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$12.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$42.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$61.16M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preference shares, $0.00045 par value per share, 20,000,000 shares authorized and no shares issued and outstanding at April 30, 2016 and January 31, 2016, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.00045 par value per share, 20,000,000 shares authorized and no shares issued and outstanding at April 30, 2016 and January 31, 2016, respectively	`PreferredStockValue`	-	USD	Point-in-time
Ordinary shares, $0.00045 par value per share, 200,000,000 shares authorized at April 30, 2016 and January 31, 2016, respectively; 32,839,779 shares issued and outstanding at April 30, 2016; 32,333,359 shares issued and outstanding at January 31, 2016	`CommonStockValue`	$15.00K	USD	Point-in-time
Ordinary shares, $0.00045 par value per share, 200,000,000 shares authorized at April 30, 2016 and January 31, 2016, respectively; 32,839,779 shares issued and outstanding at April 30, 2016; 32,333,359 shares issued and outstanding at January 31, 2016	`CommonStockValue`	$15.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$176.31M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$190.03M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$20.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$186.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$173.14M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$349.46M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$376.45M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$419.05M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$410.62M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$71.01M	USD	1 Quarter
Revenue	`Revenues`	$57.16M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$20.45M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$25.09M	USD	1 Quarter
Gross profit	`GrossProfit`	$36.71M	USD	1 Quarter
Gross profit	`GrossProfit`	$45.92M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.58M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$24.47M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$10.89M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.01M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$25.59M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$35.36M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$20.32M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.35M	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$27.00K	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$27.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.35M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.38M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$1.50M	USD	1 Quarter
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-408.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.85M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.10M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	32.43M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.95M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.47M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.85M	USD	1 Quarter
Depreciation of property and equipment	`DepreciationDepletionAndAmortization`	$367.00K	USD	1 Quarter
Depreciation of property and equipment	`DepreciationDepletionAndAmortization`	$464.00K	USD	1 Quarter
Amortization/accretion of marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-150.00K	USD	1 Quarter
Amortization/accretion of marketable securities	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-76.00K	USD	1 Quarter
Loss on disposal of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-7.00K	USD	1 Quarter
Loss on disposal of long-lived assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$5.48M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$11.30M	USD	1 Quarter
Excess income tax benefits associated with stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	1 Quarter
Excess income tax benefits associated with stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$183.00K	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-75.00K	USD	1 Quarter
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-29.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.91M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-987.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-246.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.11M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-323.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-833.00K	USD	1 Quarter
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$-256.00K	USD	1 Quarter
Deferred tax assets	`IncreaseDecreaseInDeferredIncomeTaxes`	$132.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-32.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$26.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.17M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.95M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.50M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.21M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-787.00K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$741.00K	USD	1 Quarter
Deferred tax liabilities	`IncreaseDecreaseInDeferredTaxLiabilities`	$-58.00K	USD	1 Quarter
Deferred tax liabilities	`IncreaseDecreaseInDeferredTaxLiabilities`	$-20.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.98M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.30M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	-	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$12.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$24.79M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.55M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$14.28M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireAvailableForSaleSecurities`	$35.86M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$8.97M	USD	1 Quarter
Sales of investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$5.48M	USD	1 Quarter
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$8.35M	USD	1 Quarter
Maturities of investments	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$10.79M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$376.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$469.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-832.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.56M	USD	1 Quarter
Proceeds from exercise of stock options and employee stock purchase plan	`ProceedsFromExerciseOfStockOptionsAndEmployeeStockPurchasePlan`	$915.00K	USD	1 Quarter
Proceeds from exercise of stock options and employee stock purchase plan	`ProceedsFromExerciseOfStockOptionsAndEmployeeStockPurchasePlan`	$2.88M	USD	1 Quarter
Excess income tax benefits associated with stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	1 Quarter
Excess income tax benefits associated with stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$183.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$3.06M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$915.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-97.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$27.02M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$170.29M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$267.96M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$268.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$197.31M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$170.29M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$267.96M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$268.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$197.31M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$241.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$174.00K	USD	1 Quarter
Increase in accrued liabilities related to non-monetary assets purchases	`CapitalExpendituresIncurredButNotYetPaid`	$153.00K	USD	1 Quarter
Increase in accrued liabilities related to non-monetary assets purchases	`CapitalExpendituresIncurredButNotYetPaid`	$20.00K	USD	1 Quarter

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.85M	USD	1 Quarter
Unrealized gains (losses) on investments	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss`	$-16.00K	USD	1 Quarter
Unrealized gains (losses) on investments	`AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss`	$27.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-16.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$27.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.84M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.81M	USD	1 Quarter

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