$PTC
PTC INC. Stock $ptc

$ptc Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000156459021023320 Filed on May 04, 2021

Income Statement

Concept	2021 Q1	2020 Q1	2019 Q4
Revenue	$461.8M	$359.6M	$356.1M
YoY Change	28.42%	23.81%	6.4%
Cost Of Revenue	$89.40M	$83.03M	$87.41M
YoY Change	7.68%	3.91%	13.0%
Gross Profit	$372.3M	$276.6M	$268.7M
YoY Change	34.61%	31.36%	4.42%
Gross Profit Margin	80.62%	76.91%	75.46%
Selling, General & Admin	$190.0M	$141.1M	$152.2M
YoY Change	34.68%	1.42%	7.09%
% of Gross Profit	51.03%	51.0%	56.63%
Research & Development	$72.55M	$59.95M	$65.31M
YoY Change	21.0%	-2.36%	7.45%
% of Gross Profit	19.49%	21.68%	24.3%
Depreciation & Amortization	$21.40M	$20.60M	$19.59M
YoY Change	3.88%	5.64%	-2.32%
% of Gross Profit	5.75%	7.45%	7.29%
Operating Expenses	$270.6M	$226.6M	$238.3M
YoY Change	19.46%	-2.94%	4.83%
Operating Profit	$101.7M	$50.03M	$30.43M
YoY Change	103.28%	-318.85%	1.27%
Interest Expense	$12.93M	$32.62M	$12.10M
YoY Change	-60.37%	186.55%	17.73%
% of Operating Profit	12.71%	65.2%	39.76%
Other Income/Expense, Net	-$2.408M	-$1.629M	$704.0K
YoY Change	47.82%	-298.42%	7.48%
Pretax Income	$86.36M	$15.78M	$19.03M
YoY Change	447.33%	-147.24%	-6.71%
Income Tax	-$22.91M	$8.622M	-$16.42M
% Of Pretax Income	-26.52%	54.65%	-86.3%
Net Earnings	$109.3M	$7.156M	$35.46M
YoY Change	1426.86%	-116.45%	68.95%
Net Earnings / Revenue	23.66%	1.99%	9.96%
Basic Earnings Per Share	$0.94	$0.06	$0.31
Diluted Earnings Per Share	$0.92	$0.06	$0.31
COMMON SHARES
Basic Shares Outstanding	116.8M	115.6M shares	115.2M
Diluted Shares Outstanding	118.3M	116.0M shares	115.7M

Balance Sheet

Concept	2021 Q1	2020 Q1	2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$326.1M	$861.0M	$266.3M
YoY Change	-62.13%	169.31%	-12.0%
Cash & Equivalents	$326.6M	$826.8M	$237.0M
Short-Term Investments	$0.00	$34.30M	$29.30M
Other Short-Term Assets	$141.1M	$60.87M	$58.16M
YoY Change	131.81%	16.06%	19.46%
Inventory
Prepaid Expenses		$66.85M	$70.32M
Receivables	$434.5M	$352.7M	$344.4M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$901.8M	$1.341B	$739.2M
YoY Change	-32.77%	69.67%	-7.6%
LONG-TERM ASSETS
Property, Plant & Equipment	$245.9M	$104.1M	$105.2M
YoY Change	136.11%	-2.52%	-2.04%
Goodwill		$1.603B	$1.606B
YoY Change		30.38%	30.48%
Intangibles		$251.2M	$266.0M
YoY Change		30.58%	29.71%
Long-Term Investments	$0.00	$22.70M	$28.20M
YoY Change	-100.0%	-26.77%	-6.31%
Other Assets	$429.6M	$184.2M	$161.9M
YoY Change	133.17%	8.63%	-9.29%
Total Long-Term Assets	$3.279B	$2.525B	$2.541B
YoY Change	29.87%	31.16%	30.09%
TOTAL ASSETS
Total Short-Term Assets	$901.8M	$1.341B	$739.2M
Total Long-Term Assets	$3.279B	$2.525B	$2.541B
Total Assets	$4.181B	$3.866B	$3.280B
YoY Change	8.14%	42.37%	19.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$22.20M	$33.73M	$42.45M
YoY Change	-34.18%	-8.06%	-25.85%
Accrued Expenses	$247.0M	$236.4M	$205.4M
YoY Change	4.48%	38.49%	30.33%
Deferred Revenue		$407.4M	$359.5M
YoY Change
Short-Term Debt	$0.00	$496.4M	$0.00
YoY Change	-100.0%
Long-Term Debt Due		$496.4M
YoY Change
Total Short-Term Liabilities	$766.8M	$1.192B	$631.5M
YoY Change	-35.68%	99.23%	16.74%
LONG-TERM LIABILITIES
Long-Term Debt	$1.508B	$1.134B	$1.124B
YoY Change	32.98%	53.55%	44.42%
Other Long-Term Liabilities	$244.2M	$51.89M	$55.64M
YoY Change	370.57%	-38.43%	-15.56%
Total Long-Term Liabilities	$1.753B	$51.89M	$55.64M
YoY Change	3277.27%	-38.43%	-15.56%
TOTAL LIABILITIES
Total Short-Term Liabilities	$766.8M	$1.192B	$631.5M
Total Long-Term Liabilities	$1.753B	$51.89M	$55.64M
Total Liabilities	$2.531B	$2.592B	$2.032B
YoY Change	-2.38%	76.58%	41.92%
SHAREHOLDERS EQUITY
Retained Earnings		-$150.4M	-$157.5M
YoY Change		-17.52%	13.49%
Common Stock		$1.157M	$1.155M
YoY Change		-2.03%	-2.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.651B	$1.274B	$1.248B
YoY Change
Total Liabilities & Shareholders Equity	$4.181B	$3.866B	$3.280B
YoY Change	8.14%	42.37%	19.14%

Cashflow Statement

Concept	2021 Q1	2020 Q1	2019 Q4
OPERATING ACTIVITIES
Net Income	$109.3M	$7.156M	$35.46M
YoY Change	1426.86%	-116.45%	68.95%
Depreciation, Depletion And Amortization	$21.40M	$20.60M	$19.59M
YoY Change	3.88%	5.64%	-2.32%
Cash From Operating Activities	$121.7M	$87.80M	$7.512M
YoY Change	38.61%	-37.77%	-64.59%
INVESTING ACTIVITIES
Capital Expenditures	-$4.800M	-$5.500M	$4.707M
YoY Change	-12.73%	-73.81%	-84.48%
Acquisitions			$467.7M
YoY Change			572.48%
Other Investing Activities	-$712.2M	$2.200M	-$468.7M
YoY Change	-32472.73%	-135.48%	561.07%
Cash From Investing Activities	-$717.0M	-$3.300M	-$473.4M
YoY Change	21627.27%	-87.82%	367.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	527.8M	513.0M	431.1M
YoY Change	2.88%	-629.41%	353.85%
NET CHANGE
Cash From Operating Activities	121.7M	87.80M	7.512M
Cash From Investing Activities	-717.0M	-3.300M	-473.4M
Cash From Financing Activities	527.8M	513.0M	431.1M
Net Change In Cash	-67.50M	597.5M	-32.77M
YoY Change	-111.3%	3394.15%	-292.31%
FREE CASH FLOW
Cash From Operating Activities	$121.7M	$87.80M	$7.512M
Capital Expenditures	-$4.800M	-$5.500M	$4.707M
Free Cash Flow	$126.5M	$93.30M	$2.805M
YoY Change	35.58%	-42.44%	-130.76%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	359603000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	890836000
CY2021Q1	us-gaap	Restructuring Charges RestructuringCharges	200000
CY2021Q1	us-gaap	Restructuring Reserve RestructuringReserve	4973000
CY2021Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	10328000
CY2021Q1	ptc	Short Termand Long Term Accounts Receivable ShortTermandLongTermAccountsReceivable	578100000
CY2021Q1	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	39600000
CY2020Q3	us-gaap	Contract With Customer Refund Liability ContractWithCustomerRefundLiability	34500000
CY2020Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	500000
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	16200000
CY2020Q1	us-gaap	Capitalized Contract Cost Accumulated Impairment CapitalizedContractCostAccumulatedImpairment	0
CY2021Q1	us-gaap	Deferred Revenue DeferredRevenue	492400000
CY2021Q1	ptc	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Percentage RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPercentage	0.85
CY2021Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	1386900000
CY2021Q1	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P24M
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	461785000
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	715713000
CY2021Q1	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	500000
	us-gaap	Restructuring Costs And Asset Impairment Charges RestructuringCostsAndAssetImpairmentCharges	700000
	us-gaap	Restructuring Charges RestructuringCharges	400000
CY2020Q1	us-gaap	Restructuring Charges RestructuringCharges	13200000
CY2020Q3	us-gaap	Restructuring Reserve RestructuringReserve	9987000
	us-gaap	Restructuring Charges RestructuringCharges	362000
	us-gaap	Payments For Restructuring PaymentsForRestructuring	5421000
	us-gaap	Restructuring Reserve Translation Adjustment RestructuringReserveTranslationAdjustment	45000
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-4944000
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-43815000
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	3353000
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2200000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-670324000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-476743000
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	1000000000
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	600000000
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	455000000
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	98000000
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	480000000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	10484000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8980000
CY2019Q3	us-gaap	Restructuring Reserve RestructuringReserve	31086000
	us-gaap	Restructuring Charges RestructuringCharges	26996000
	us-gaap	Payments For Restructuring PaymentsForRestructuring	16819000
	us-gaap	Restructuring Reserve Settled Without Cash2 RestructuringReserveSettledWithoutCash2	281000
	us-gaap	Restructuring Reserve Translation Adjustment RestructuringReserveTranslationAdjustment	148000
CY2020Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	11984000
CY2021Q1	us-gaap	Deferred Revenue DeferredRevenue	492421000
CY2020Q3	us-gaap	Deferred Revenue DeferredRevenue	426465000
CY2021Q1	ptc	Contract With Customer Asset Current ContractWithCustomerAssetCurrent	7600000
	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	6300000
	ptc	Contractwith Customer Asset Additionsduring Period ContractwithCustomerAssetAdditionsduringPeriod	4600000
CY2021Q1	us-gaap	Capitalized Contract Cost Accumulated Impairment CapitalizedContractCostAccumulatedImpairment	0
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	302900000
	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	353300000
CY2020Q3	ptc	Short Termand Long Term Accounts Receivable ShortTermandLongTermAccountsReceivable	511300000
CY2021Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	500000
CY2021Q1	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	11000000.0
	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	21400000
CY2020Q1	us-gaap	Capitalized Contract Cost Amortization CapitalizedContractCostAmortization	8500000
CY2021Q1	us-gaap	Capitalized Contract Cost Accumulated Impairment CapitalizedContractCostAccumulatedImpairment	0
CY2021Q1	us-gaap	Capitalized Contract Cost Accumulated Impairment CapitalizedContractCostAccumulatedImpairment	0
CY2020Q1	us-gaap	Capitalized Contract Cost Accumulated Impairment CapitalizedContractCostAccumulatedImpairment	0
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	16266000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	27242000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	23571000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	279000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	484963000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	944143000
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	543000
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-5740000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	50636000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	556989000
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	275960000
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	270689000
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	326596000
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	827678000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	1494929000
CY2021Q1	ptc	Shares Surrendered By Employees To Pay Taxes Related To Stock Based Awards Value SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue	1810000
CY2021Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	10484000
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	44740000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	109262000
CY2021Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-15851000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1762000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	1650533000
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	1438248000
	ptc	Shares Surrendered By Employees To Pay Taxes Related To Stock Based Awards Value SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue	27241000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	10484000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	90828000
	us-gaap	Net Income Loss NetIncomeLoss	132777000
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	4124000
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-307000
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1382000
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	1650533000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	1247817000
CY2020Q1	ptc	Shares Surrendered By Employees To Pay Taxes Related To Stock Based Awards Value SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue	722000
CY2020Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	8980000
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	20484000
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	7156000
CY2020Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-10559000
CY2020Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-537000
CY2020Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-761000
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	1274081000
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	1201998000
	ptc	Shares Surrendered By Employees To Pay Taxes Related To Stock Based Awards Value SharesSurrenderedByEmployeesToPayTaxesRelatedToStockBasedAwardsValue	23571000
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	8980000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	48420000
	us-gaap	Net Income Loss NetIncomeLoss	42611000
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-412000
	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	-544000
	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-813000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	116587000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	115401000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1379000
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	455000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	117966000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	115856000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.37
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.13
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.37
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000
CY2021Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	1000000000
CY2020Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	0
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	7400000
CY2020Q1	us-gaap	Restructuring Reserve RestructuringReserve	24668000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate	0.415
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0021
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0
	us-gaap	Share Based Compensation ShareBasedCompensation	90828000
	us-gaap	Share Based Compensation ShareBasedCompensation	48420000
	us-gaap	Net Income Loss NetIncomeLoss	132777000
	us-gaap	Net Income Loss NetIncomeLoss	42611000
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	86357000
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	15778000
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-22905000
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	101690000
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	50025000
CY2021Q1	us-gaap	Interest Expense InterestExpense	12925000
CY2020Q1	us-gaap	Interest Expense InterestExpense	32618000
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2408000
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1629000
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	86357000
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	15778000
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	461785000
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	359603000
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8622000
CY2020Q1	us-gaap	Variable Lease Cost VariableLeaseCost	575000
	us-gaap	Variable Lease Cost VariableLeaseCost	4863000
	us-gaap	Variable Lease Cost VariableLeaseCost	2490000
CY2021Q1	us-gaap	Sublease Income SubleaseIncome	1131000
CY2020Q1	us-gaap	Sublease Income SubleaseIncome	1013000
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
	ptc	Charge Related To Effects Of Non Us Jurisdiction Tax Matter ChargeRelatedToEffectsOfNonUSJurisdictionTaxMatter	36100000
	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	2900000
CY2021Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	47700000
CY2020Q3	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	16100000
CY2021Q1	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	47700000
CY2021Q1	ptc	Unrecognized Tax Benefits That Would Impact Effective Tax Rate Resulting Change In Valuation Allowance UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRateResultingChangeInValuationAllowance	9700000
CY2021Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit	-28000000
CY2021Q1	ptc	Gross Debt GrossDebt	1520000000
CY2020Q3	ptc	Gross Debt GrossDebt	1018000000
CY2021Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	11611000
CY2020Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	12686000
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	1508389000
CY2020Q3	us-gaap	Long Term Debt LongTermDebt	1005314000
CY2020Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	1000000000
CY2021Q1	us-gaap	Debt Instrument Periodic Payment Interest DebtInstrumentPeriodicPaymentInterest	19800000
	us-gaap	Debt Instrument Periodic Payment Interest DebtInstrumentPeriodicPaymentInterest	20500000
CY2020Q1	us-gaap	Debt Instrument Periodic Payment Interest DebtInstrumentPeriodicPaymentInterest	6800000
CY2021Q1	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.033
	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.035
CY2020Q1	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.046
	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.048
CY2019Q1	ptc	Sublease Income Corporate Headquarters SubleaseIncomeCorporateHeadquarters	9100000
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	9565000
CY2020Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	10386000
	us-gaap	Operating Lease Cost OperatingLeaseCost	18956000
	us-gaap	Operating Lease Cost OperatingLeaseCost	19143000
CY2021Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	610000
CY2020Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1017000
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1158000
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	2890000
CY2021Q1	us-gaap	Variable Lease Cost VariableLeaseCost	2476000
	us-gaap	Sublease Income SubleaseIncome	2215000
	us-gaap	Sublease Income SubleaseIncome	2025000
CY2021Q1	us-gaap	Lease Cost LeaseCost	11520000
CY2020Q1	us-gaap	Lease Cost LeaseCost	10965000
	us-gaap	Lease Cost LeaseCost	22762000
	us-gaap	Lease Cost LeaseCost	22498000
CY2021Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	14016000
CY2020Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	9642000
	us-gaap	Operating Lease Payments OperatingLeasePayments	28076000
	us-gaap	Operating Lease Payments OperatingLeasePayments	15140000
CY2021Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0
CY2020Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	279000
	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	0
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	53000
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	87000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	647000
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	5468000
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0
	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	1500000
CY2021Q1	ptc	Operating Right Of Use Asset Other Changes OperatingRightOfUseAssetOtherChanges	10800000
CY2021Q1	ptc	Operating Right Of Use Asset Obtained Through Acquisitions OperatingRightOfUseAssetObtainedThroughAcquisitions	1300000
CY2020Q1	ptc	Operating Right Of Use Asset Other Changes OperatingRightOfUseAssetOtherChanges	-1300000
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P12Y3M18D
CY2021Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P4Y6M
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.055
CY2021Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.030
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	19703000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	34768000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	25111000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	22057000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	19185000
CY2021Q1	ptc	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	171047000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	291871000
CY2021Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	85487000
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	206384000
CY2020Q4	ptc	Charge Related To Effects Of Non Us Jurisdiction Tax Matter ChargeRelatedToEffectsOfNonUSJurisdictionTaxMatter	36100000

Files In Submission

Name	View Source	Status
0001564590-21-023320-index-headers.html	Edgar Link	pending
0001564590-21-023320-index.html	Edgar Link	pending
0001564590-21-023320.txt	Edgar Link	pending
0001564590-21-023320-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ptc-10q_20210331.htm	Edgar Link	pending
ptc-10q_20210331_htm.xml	Edgar Link	completed
ptc-20210331.xsd	Edgar Link	pending
ptc-20210331_cal.xml	Edgar Link	unprocessable
ptc-20210331_def.xml	Edgar Link	unprocessable
ptc-20210331_lab.xml	Edgar Link	unprocessable
ptc-20210331_pre.xml	Edgar Link	unprocessable
ptc-ex311_7.htm	Edgar Link	pending
ptc-ex312_6.htm	Edgar Link	pending
ptc-ex32_8.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PTC
PTC INC. Stock $ptc

2021 Q1 Form 10-Q Financial Statement

#000156459021023320 Filed on May 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PTC PTC INC. Stock $ptc

2021 Q1 Form 10-Q Financial Statement

#000156459021023320 Filed on May 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PTC
PTC INC. Stock $ptc