$MSTR
MICROSTRATEGY Inc

2012 Q2 Form 10-Q Financial Statement

#000119312512335169 Filed on August 03, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $135.3M $138.2M
YoY Change -2.05% 28.51%
Cost Of Revenue $34.06M $34.54M
YoY Change -1.4% 42.15%
Gross Profit $101.3M $103.6M
YoY Change -2.26% 24.53%
Gross Profit Margin 74.83% 75.0%
Selling, General & Admin $71.76M $83.26M
YoY Change -13.81% 43.55%
% of Gross Profit 70.86% 80.36%
Research & Development $19.02M $16.87M
YoY Change 12.7% 56.24%
% of Gross Profit 18.78% 16.29%
Depreciation & Amortization $4.900M $4.300M
YoY Change 13.95% 48.28%
% of Gross Profit 4.84% 4.15%
Operating Expenses $90.78M $100.1M
YoY Change -9.35% 45.33%
Operating Profit $10.49M $3.473M
YoY Change 201.96% -75.71%
Interest Expense $0.00 $0.00
YoY Change
% of Operating Profit 0.0% 0.0%
Other Income/Expense, Net $1.037M -$277.0K
YoY Change -474.37% -113.19%
Pretax Income $11.52M $3.196M
YoY Change 260.58% -80.63%
Income Tax $3.596M $311.0K
% Of Pretax Income 31.2% 9.73%
Net Earnings $7.271M $2.885M
YoY Change 152.03% -75.13%
Net Earnings / Revenue 5.37% 2.09%
Basic Earnings Per Share $0.67 $0.27
Diluted Earnings Per Share $0.65 $0.26
COMMON SHARES
Basic Shares Outstanding 10.88M shares 10.71M shares
Diluted Shares Outstanding 11.12M shares 11.07M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $195.5M $193.0M
YoY Change 1.3% -4.79%
Cash & Equivalents $195.5M $193.0M
Short-Term Investments
Other Short-Term Assets $40.50M $41.30M
YoY Change -1.94% 31.11%
Inventory
Prepaid Expenses
Receivables $78.89M $71.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $314.9M $305.3M
YoY Change 3.14% 6.45%
LONG-TERM ASSETS
Property, Plant & Equipment $102.2M $78.90M
YoY Change 29.57% 33.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.800M $8.100M
YoY Change -3.7% 14.08%
Total Long-Term Assets $119.4M $97.80M
YoY Change 22.11% 24.59%
TOTAL ASSETS
Total Short-Term Assets $314.9M $305.3M
Total Long-Term Assets $119.4M $97.80M
Total Assets $434.3M $403.1M
YoY Change 7.74% 10.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.80M $37.70M
YoY Change -15.65% 37.59%
Accrued Expenses $56.30M $51.90M
YoY Change 8.48% 32.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $193.8M $192.2M
YoY Change 0.84% 25.7%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $44.33M $54.00M
YoY Change -17.91% 133.77%
Total Long-Term Liabilities $44.33M $54.00M
YoY Change -17.91% 133.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $193.8M $192.2M
Total Long-Term Liabilities $44.33M $54.00M
Total Liabilities $255.1M $246.6M
YoY Change 3.44% 40.11%
SHAREHOLDERS EQUITY
Retained Earnings $195.9M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $475.2M
YoY Change
Treasury Stock Shares 6.405M shares
Shareholders Equity $179.2M $156.5M
YoY Change
Total Liabilities & Shareholders Equity $434.3M $403.1M
YoY Change 7.74% 10.35%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $7.271M $2.885M
YoY Change 152.03% -75.13%
Depreciation, Depletion And Amortization $4.900M $4.300M
YoY Change 13.95% 48.28%
Cash From Operating Activities -$1.000M $3.300M
YoY Change -130.3% -49.23%
INVESTING ACTIVITIES
Capital Expenditures -$15.40M -$16.10M
YoY Change -4.35% 215.69%
Acquisitions
YoY Change
Other Investing Activities $1.400M $1.900M
YoY Change -26.32% -2000.0%
Cash From Investing Activities -$14.00M -$14.20M
YoY Change -1.41% 173.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.900M 100.0K
YoY Change 1800.0% -100.37%
NET CHANGE
Cash From Operating Activities -1.000M 3.300M
Cash From Investing Activities -14.00M -14.20M
Cash From Financing Activities 1.900M 100.0K
Net Change In Cash -13.10M -10.80M
YoY Change 21.3% -58.14%
FREE CASH FLOW
Cash From Operating Activities -$1.000M $3.300M
Capital Expenditures -$15.40M -$16.10M
Free Cash Flow $14.40M $19.40M
YoY Change -25.77% 67.24%

Facts In Submission

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dei Trading Symbol
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MSTR
dei Entity Registrant Name
EntityRegistrantName
MICROSTRATEGY INC
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dei Document Fiscal Year Focus
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dei Document Type
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dei Document Period End Date
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us-gaap Unrecognized Tax Benefits Period Increase Decrease
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us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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us-gaap Nonoperating Income Expense
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us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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us-gaap Income Tax Expense Benefit
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CY2012Q1 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2012Q2 us-gaap Segment Reporting Disclosure Of Major Customers
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3264000

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