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10-Q Filing

AGILYSYS INC CIK: 78749 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0000078749-17-000040
Period End Date 20170630
Filing Date 20170804
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance agys-20170630.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Allowance for Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable $759.00K USD Point-in-time
Allowance for Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable $509.00K USD Point-in-time
Accounts Receivable, Net, Current AccountsReceivableNetCurrent $15.60M USD Point-in-time
Accounts Receivable, Net, Current AccountsReceivableNetCurrent $18.73M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $55.31M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.41M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.30 USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.30 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $60.61M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $759 and $509, respectively AccountsReceivableNetCurrent $15.60M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $759 and $509, respectively AccountsReceivableNetCurrent $18.73M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 31.61M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 31.61M shares Point-in-time
Inventories InventoryNet $2.21M USD Point-in-time
Inventories InventoryNet $1.92M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseCurrent $5.24M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 23.37M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseCurrent $6.46M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 22.94M shares Point-in-time
Total current assets AssetsCurrent $69.29M USD Point-in-time
Treasury shares TreasuryStockShares 8.24M shares Point-in-time
Total current assets AssetsCurrent $73.52M USD Point-in-time
Treasury shares TreasuryStockShares 8.66M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $16.86M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $16.00M USD Point-in-time
Goodwill Goodwill $19.62M USD Point-in-time
Goodwill Goodwill $19.62M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.52M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.53M USD Point-in-time
Software development costs, net CapitalizedComputerSoftwareNet $47.44M USD Point-in-time
Software development costs, net CapitalizedComputerSoftwareNet $47.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.51M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.63M USD Point-in-time
Total assets Assets $164.25M USD Point-in-time
Total assets Assets $167.31M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.70M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.99M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $29.18M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $26.94M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $8.98M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $8.33M USD Point-in-time
Capital lease obligations, current CapitalLeaseObligationsCurrent $121.00K USD Point-in-time
Capital lease obligations, current CapitalLeaseObligationsCurrent $116.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $46.34M USD Point-in-time
Total current liabilities LiabilitiesCurrent $45.03M USD Point-in-time
Deferred income taxes, non-current DeferredTaxLiabilities $3.18M USD Point-in-time
Deferred income taxes, non-current DeferredTaxLiabilities $3.29M USD Point-in-time
Capital lease obligations, non-current CapitalLeaseObligationsNoncurrent $116.00K USD Point-in-time
Capital lease obligations, non-current CapitalLeaseObligationsNoncurrent $90.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $3.92M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $4.00M USD Point-in-time
Commitments and contingencies (see Note 6) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 6) CommitmentsAndContingencies - USD Point-in-time
Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 31,606,831 shares issued; and 23,366,461 and 23,210,682 shares outstanding at June 30, 2017 and March 31, 2017, respectively CommonStockValue $9.48M USD Point-in-time
Common shares, without par value, at $0.30 stated value; 80,000,000 shares authorized; 31,606,831 shares issued; and 23,366,461 and 23,210,682 shares outstanding at June 30, 2017 and March 31, 2017, respectively CommonStockValue $9.48M USD Point-in-time
Treasury shares, 8,240,370 and 8,396,149 at June 30, 2017 and March 31, 2017, respectively TreasuryStockValue $2.47M USD Point-in-time
Treasury shares, 8,240,370 and 8,396,149 at June 30, 2017 and March 31, 2017, respectively TreasuryStockValue $2.52M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapital $-5.78M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapital $-3.93M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $112.69M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $108.99M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-160.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-204.00K USD Point-in-time
Total shareholders' equity StockholdersEquity $113.67M USD Point-in-time
Total shareholders' equity StockholdersEquity $111.92M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $164.25M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $167.31M USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Products SalesRevenueGoodsNet $9.52M USD 1 Quarter
Products SalesRevenueGoodsNet $10.28M USD 1 Quarter
Support, maintenance and subscription services SupportMaintenanceAndSubscriptionRevenue $16.67M USD 1 Quarter
Support, maintenance and subscription services SupportMaintenanceAndSubscriptionRevenue $14.95M USD 1 Quarter
Professional services SalesRevenueServicesNet $6.92M USD 1 Quarter
Professional services SalesRevenueServicesNet $6.49M USD 1 Quarter
Total net revenue SalesRevenueNet $30.95M USD 1 Quarter
Total net revenue SalesRevenueNet $33.87M USD 1 Quarter
Products (inclusive of developed technology amortization) CostOfGoodsSold $7.62M USD 1 Quarter
Products (inclusive of developed technology amortization) CostOfGoodsSold $6.53M USD 1 Quarter
Support, maintenance and subscription services CostOfServicesSupportMaintenanceAndSubscriptionServicesCost $4.04M USD 1 Quarter
Support, maintenance and subscription services CostOfServicesSupportMaintenanceAndSubscriptionServicesCost $3.86M USD 1 Quarter
Professional services CostOfServices $5.54M USD 1 Quarter
Professional services CostOfServices $4.37M USD 1 Quarter
Total cost of goods sold CostOfGoodsAndServicesSold $17.20M USD 1 Quarter
Total cost of goods sold CostOfGoodsAndServicesSold $14.76M USD 1 Quarter
Gross profit GrossProfit $16.67M USD 1 Quarter
Gross profit GrossProfit $16.19M USD 1 Quarter
Gross Profit Ratio GrossProfitRatio 0.52 pure 1 Quarter
Gross Profit Ratio GrossProfitRatio 0.49 pure 1 Quarter
Product development ResearchAndDevelopmentExpense $6.86M USD 1 Quarter
Product development ResearchAndDevelopmentExpense $6.63M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $5.63M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $5.13M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.87M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.80M USD 1 Quarter
Depreciation of fixed assets Depreciation $598.00K USD 1 Quarter
Depreciation of fixed assets Depreciation $611.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $485.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $336.00K USD 1 Quarter
Restructuring, severance and other charges RestructuringSeveranceAndOtherCharges $37.00K USD 1 Quarter
Restructuring, severance and other charges RestructuringSeveranceAndOtherCharges $89.00K USD 1 Quarter
Operating loss OperatingIncomeLoss $-2.19M USD 1 Quarter
Operating loss OperatingIncomeLoss $-3.02M USD 1 Quarter
Interest income InvestmentIncomeInterest $33.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $28.00K USD 1 Quarter
Interest expense InterestExpense $4.00K USD 1 Quarter
Interest expense InterestExpense $2.00K USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $113.00K USD 1 Quarter
Other expense, net OtherNonoperatingIncomeExpense $-90.00K USD 1 Quarter
Loss before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-2.25M USD 1 Quarter
Loss before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-2.88M USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $42.00K USD 1 Quarter
Income tax expense (benefit) IncomeTaxExpenseBenefit $78.00K USD 1 Quarter
Net loss NetIncomeLoss $-2.96M USD 1 Quarter
Net loss NetIncomeLoss $-2.30M USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 22.72M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 22.60M shares 1 Quarter
Loss per share (in dollars per share) EarningsPerShareBasicAndDiluted $-0.13 USD 1 Quarter
Loss per share (in dollars per share) EarningsPerShareBasicAndDiluted $-0.10 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-2.96M USD 1 Quarter
Net loss NetIncomeLoss $-2.30M USD 1 Quarter
Net restructuring, severance and other charges Paymentsforrestructuringseveranceandothercharges $12.00K USD 1 Quarter
Net restructuring, severance and other charges Paymentsforrestructuringseveranceandothercharges $389.00K USD 1 Quarter
Net legal settlements PaymentsForLegalSettlements - USD 1 Quarter
Net legal settlements PaymentsForLegalSettlements $100.00K USD 1 Quarter
Depreciation Depreciation $598.00K USD 1 Quarter
Depreciation Depreciation $611.00K USD 1 Quarter
Amortization AdjustmentForAmortization $336.00K USD 1 Quarter
Amortization AdjustmentForAmortization $485.00K USD 1 Quarter
Amortization of developed technology Amortizationofsoftwaredevelopment $1.27M USD 1 Quarter
Amortization of developed technology Amortizationofsoftwaredevelopment $2.31M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-64.00K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-106.00K USD 1 Quarter
Share-based compensation ShareBasedCompensation $346.00K USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.22M USD 1 Quarter
Change in cash surrender value of company owned life insurance policies LifeInsuranceCorporateOrBankOwnedChangeInValue $6.00K USD 1 Quarter
Change in cash surrender value of company owned life insurance policies LifeInsuranceCorporateOrBankOwnedChangeInValue $5.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-4.70M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $3.12M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-413.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-298.00K USD 1 Quarter
Prepaid expense and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-816.00K USD 1 Quarter
Prepaid expense and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.35M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $396.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-408.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-3.81M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-2.25M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $-2.39M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInOtherAccruedLiabilities $1.24M USD 1 Quarter
Income taxes payable IncreaseDecreaseInIncomeTaxes $-42.00K USD 1 Quarter
Income taxes payable IncreaseDecreaseInIncomeTaxes $-72.00K USD 1 Quarter
Other changes, net IncreaseDecreaseInOtherOperatingCapitalNet $74.00K USD 1 Quarter
Other changes, net IncreaseDecreaseInOtherOperatingCapitalNet $114.00K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-484.00K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-1.02M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $818.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $2.12M USD 1 Quarter
Capitalized software development costs PaymentsForCapitalizedSoftwareDevelopment $2.87M USD 1 Quarter
Capitalized software development costs PaymentsForCapitalizedSoftwareDevelopment $2.99M USD 1 Quarter
Investments in corporate-owned life insurance policies PaymentsForProceedsFromLifeInsurancePolicies $1.00K USD 1 Quarter
Investments in corporate-owned life insurance policies PaymentsForProceedsFromLifeInsurancePolicies $2.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-3.69M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-5.12M USD 1 Quarter
Payments to settle contingent consideration arising from business acquisition BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Payments to settle contingent consideration arising from business acquisition BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-197.00K USD 1 Quarter
Repurchase of common shares to satisfy employee tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $346.00K USD 1 Quarter
Repurchase of common shares to satisfy employee tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $265.00K USD 1 Quarter
Principal payments under long-term obligations RepaymentsOfLongTermDebt $31.00K USD 1 Quarter
Principal payments under long-term obligations RepaymentsOfLongTermDebt $24.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-296.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-567.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $50.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-21.00K USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-5.85M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-5.30M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $55.31M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $43.41M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $60.61M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $55.31M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $43.41M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $60.61M USD Point-in-time
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $343.00K USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $243.00K USD 1 Quarter
Accrued capitalized software development costs ConstructionInProgressExpendituresIncurredButNotYetPaid $985.00K USD 1 Quarter
Accrued capitalized software development costs ConstructionInProgressExpendituresIncurredButNotYetPaid $681.00K USD 1 Quarter
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net loss IncomeLossFromContinuingOperations $-2.30M USD 1 Quarter
Net loss IncomeLossFromContinuingOperations $-2.96M USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-8.00K USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $44.00K USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-2.31M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-2.91M USD 1 Quarter

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

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