2014 Q2 Form 10-Q Financial Statement

#000140666614000056 Filed on May 01, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $98.01M $85.82M $90.55M
YoY Change 3.78% -5.22% 15.25%
Cost Of Revenue $53.66M $48.89M $49.43M
YoY Change 3.33% -1.09% 10.47%
Gross Profit $44.34M $36.93M $41.12M
YoY Change 4.32% -10.19% 21.57%
Gross Profit Margin 45.24% 43.03% 45.41%
Selling, General & Admin $26.14M $24.64M $23.93M
YoY Change 5.54% 2.96% 10.44%
% of Gross Profit 58.94% 66.73% 58.21%
Research & Development $19.54M $19.63M $20.17M
YoY Change -2.45% -2.68% 18.89%
% of Gross Profit 44.08% 53.16% 49.06%
Depreciation & Amortization $6.890M $2.271M $2.854M
YoY Change -3.64% -20.43% 45.61%
% of Gross Profit 15.54% 6.15% 6.94%
Operating Expenses $48.23M $46.82M $46.66M
YoY Change 1.86% 0.36% 13.27%
Operating Profit -$3.890M -$9.897M -$5.540M
YoY Change -19.71% 78.65% -24.82%
Interest Expense $58.00K $57.00K $28.00K
YoY Change 38.1% 103.57% -33.33%
% of Operating Profit
Other Income/Expense, Net $70.00K $33.00K -$279.0K
YoY Change -262.79% -111.83% 1168.18%
Pretax Income -$3.848M -$9.917M -$5.846M
YoY Change -21.93% 69.64% -21.28%
Income Tax $103.0K $110.0K $357.0K
% Of Pretax Income
Net Earnings -$3.951M -$10.03M -$6.203M
YoY Change -23.33% 61.65% -17.52%
Net Earnings / Revenue -4.03% -11.68% -6.85%
Basic Earnings Per Share -$0.08 -$0.20 -$0.13
Diluted Earnings Per Share -$0.08 -$0.20 -$0.13
COMMON SHARES
Basic Shares Outstanding 50.33M shares 50.27M shares 48.91M shares
Diluted Shares Outstanding 50.27M shares 48.91M shares

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $79.00M $75.20M $48.10M
YoY Change 13.83% 56.34% -3.02%
Cash & Equivalents $32.54M $75.17M $48.06M
Short-Term Investments $46.40M
Other Short-Term Assets $21.30M $23.00M $32.50M
YoY Change -42.74% -29.23% 142.54%
Inventory $45.89M $45.06M $39.23M
Prepaid Expenses
Receivables $47.33M $44.13M $70.72M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $193.5M $187.4M $190.5M
YoY Change -6.39% -1.64% 28.53%
LONG-TERM ASSETS
Property, Plant & Equipment $17.29M $17.12M $19.01M
YoY Change -6.78% -9.95% 10.54%
Goodwill $116.2M $116.2M $116.2M
YoY Change 0.0% 0.0%
Intangibles $34.46M $39.10M $57.66M
YoY Change -35.01% -32.19%
Long-Term Investments
YoY Change
Other Assets $1.503M $1.618M $1.694M
YoY Change -5.53% -4.49% -19.33%
Total Long-Term Assets $169.4M $174.0M $194.5M
YoY Change -10.51% -10.55% -8.06%
TOTAL ASSETS
Total Short-Term Assets $193.5M $187.4M $190.5M
Total Long-Term Assets $169.4M $174.0M $194.5M
Total Assets $362.9M $361.4M $385.0M
YoY Change -8.36% -6.14% 7.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.85M $10.89M $13.67M
YoY Change -23.12% -20.38% -3.03%
Accrued Expenses $34.69M $34.57M $36.67M
YoY Change -5.39% -5.73% 2.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $73.89M $74.47M $98.98M
YoY Change -31.04% -24.76% 42.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $958.0K $1.090M $1.525M
YoY Change -31.28% -28.52% -90.35%
Total Long-Term Liabilities $958.0K $1.090M $1.525M
YoY Change -31.28% -28.52% -90.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $73.89M $74.47M $98.98M
Total Long-Term Liabilities $958.0K $1.090M $1.525M
Total Liabilities $93.48M $94.03M $117.4M
YoY Change -25.73% -19.92% 37.33%
SHAREHOLDERS EQUITY
Retained Earnings -$523.8M -$519.8M -$498.7M
YoY Change 3.95% 4.23%
Common Stock $793.0M $787.0M $766.2M
YoY Change 2.47% 2.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $269.4M $267.4M $267.6M
YoY Change
Total Liabilities & Shareholders Equity $362.9M $361.4M $385.0M
YoY Change -8.36% -6.14% 7.01%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$3.951M -$10.03M -$6.203M
YoY Change -23.33% 61.65% -17.52%
Depreciation, Depletion And Amortization $6.890M $2.271M $2.854M
YoY Change -3.64% -20.43% 45.61%
Cash From Operating Activities $4.710M -$5.226M $2.380M
YoY Change -77.38% -319.58% -82.39%
INVESTING ACTIVITIES
Capital Expenditures -$2.420M $1.908M $1.326M
YoY Change 24.74% 43.89% -55.98%
Acquisitions
YoY Change
Other Investing Activities -$46.57M
YoY Change
Cash From Investing Activities -$48.99M -$1.908M -$1.326M
YoY Change 2425.26% 43.89% -55.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.670M -$452.0K $42.00K
YoY Change -30.42% -1176.19% -41.67%
NET CHANGE
Cash From Operating Activities 4.710M -$5.226M $2.380M
Cash From Investing Activities -48.99M -$1.908M -$1.326M
Cash From Financing Activities 1.670M -$452.0K $42.00K
Net Change In Cash -42.61M -$7.586M $1.096M
YoY Change -300.23% -792.15% -89.64%
FREE CASH FLOW
Cash From Operating Activities $4.710M -$5.226M $2.380M
Capital Expenditures -$2.420M $1.908M $1.326M
Free Cash Flow $7.130M -$7.134M $1.054M
YoY Change -68.67% -776.85% -89.97%

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CY2013Q4 calx Accrued Business Travel Expenses
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CY2013Q4 calx Accrued Customer Rebates
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CY2013Q4 calx Accrued Excess And Obsolete Inventory At Contract Manufacturer
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CY2014Q1 calx Operating Expenses Amortization
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CY2014Q1 dei Amendment Flag
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false
CY2014Q1 dei Current Fiscal Year End Date
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CY2014Q1 dei Document Fiscal Period Focus
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Q1
CY2014Q1 dei Document Fiscal Year Focus
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2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-29
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001406666
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
50328165 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
CALIX, INC

Files In Submission

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0001406666-14-000056-index-headers.html Edgar Link pending
0001406666-14-000056-index.html Edgar Link pending
0001406666-14-000056.txt Edgar Link pending
0001406666-14-000056-xbrl.zip Edgar Link pending
calx-20140329.xml Edgar Link completed
calx-20140329.xsd Edgar Link pending
calx-20140329x10q.htm Edgar Link pending
calx-20140329xex311.htm Edgar Link pending
calx-20140329xex312.htm Edgar Link pending
calx-20140329xex321.htm Edgar Link pending
calx-20140329_cal.xml Edgar Link unprocessable
calx-20140329_def.xml Edgar Link unprocessable
calx-20140329_lab.xml Edgar Link unprocessable
calx-20140329_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
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