2017 Q2 Form 10-Q Financial Statement

#000119312517197110 Filed on June 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.09M $56.27M
YoY Change -39.42% -26.42%
Cash & Equivalents $26.84M $51.51M
Short-Term Investments $7.245M $4.759M
Other Short-Term Assets $2.400M $3.500M
YoY Change -31.43% -16.67%
Inventory $597.0K $1.748M
Prepaid Expenses
Receivables $22.50M $33.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $59.61M $94.87M
YoY Change -37.16% -13.69%
LONG-TERM ASSETS
Property, Plant & Equipment $11.16M $13.54M
YoY Change -17.59% -11.81%
Goodwill $23.62M $41.30M
YoY Change -42.81% -28.95%
Intangibles
YoY Change
Long-Term Investments $5.000M $10.50M
YoY Change -52.38% -11.76%
Other Assets $2.019M $2.909M
YoY Change -30.59% 79.46%
Total Long-Term Assets $44.07M $72.02M
YoY Change -38.81% -27.86%
TOTAL ASSETS
Total Short-Term Assets $59.61M $94.87M
Total Long-Term Assets $44.07M $72.02M
Total Assets $103.7M $166.9M
YoY Change -37.87% -20.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.063M $4.678M
YoY Change -34.52% -10.02%
Accrued Expenses $6.841M $15.96M
YoY Change -57.15% 46.61%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.65M $37.53M
YoY Change -47.64% -2.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $544.0K $1.170M
YoY Change -53.5% -36.93%
Total Long-Term Liabilities $544.0K $1.170M
YoY Change -53.5% -36.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.65M $37.53M
Total Long-Term Liabilities $544.0K $1.170M
Total Liabilities $38.70M $41.05M
YoY Change -5.72% -8.93%
SHAREHOLDERS EQUITY
Retained Earnings -$167.5M -$99.78M
YoY Change 67.87% 88.27%
Common Stock $237.9M $231.6M
YoY Change 2.73% 3.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.000K $5.000K
YoY Change 0.0% 400.0%
Treasury Stock Shares 40.49K shares 40.49K shares
Shareholders Equity $64.98M $125.8M
YoY Change
Total Liabilities & Shareholders Equity $103.7M $166.9M
YoY Change -37.87% -20.44%

Cashflow Statement

Concept 2017 Q2 2016 Q2

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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500000
CY2017Q2 dei Entity Registrant Name
EntityRegistrantName
SEACHANGE INTERNATIONAL INC
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AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2017Q2 dei Document Type
DocumentType
10-Q
CY2017Q2 dei Entity Central Index Key
EntityCentralIndexKey
0001019671
CY2017Q2 dei Document Period End Date
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2017-04-30
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CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2017Q2 dei Amendment Flag
AmendmentFlag
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GeneralAndAdministrativeExpense
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254000
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10000000
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EarningsPerShareBasic
-0.26
CY2016Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-922000
CY2016Q2 us-gaap Adjustment For Amortization
AdjustmentForAmortization
766000
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
794000
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8291000
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
450000
CY2016Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
1574000
CY2016Q2 us-gaap Cost Of Services
CostOfServices
10459000
CY2016Q2 us-gaap Cost Of Revenue
CostOfRevenue
12421000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
21570000
CY2016Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
106000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
922000
CY2016Q2 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2125000
CY2016Q2 us-gaap Gross Profit
GrossProfit
9149000
CY2016Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
43000
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
18724000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-8907000
CY2016Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-767000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
607000
CY2016Q2 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
502000
CY2016Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5363000
CY2016Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5486000
CY2016Q2 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
664000
CY2016Q2 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1736000
CY2016Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-853000
CY2016Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
91000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-9575000
CY2016Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-46000
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
9000
CY2016Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
80000
CY2016Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
76000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-8653000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
254000
CY2016Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-40000
CY2016Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
159000
CY2016Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33000
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
4200000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34354000 shares
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
1775000
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34354000 shares
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8699000
CY2016Q2 us-gaap Professional Fees
ProfessionalFees
132000
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
17370000
CY2016Q2 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3000
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3557000
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
112000
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
34354000 shares
CY2016Q2 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-29000
CY2016Q2 seac Stock Based Compensation Expense Allocated To Cost Of Revenues
StockBasedCompensationExpenseAllocatedToCostOfRevenues
72000
CY2016Q2 seac Amortization Of Intangible Assets Allocated To Cost Of Revenues
AmortizationOfIntangibleAssetsAllocatedToCostOfRevenues
316000

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