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10-Q Filing

AGILYSYS INC CIK: 78749 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000078749-18-000033
Period End Date 20180630
Filing Date 20180802
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance agys-20180630.xml
Filing Contents
Balance Sheet 72 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $900.00K USD Point-in-time
Allowance for doubtful accounts receivable AllowanceForDoubtfulAccountsReceivable $809.00K USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $16.39M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $20.31M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.30 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $39.94M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.30 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.41M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $35.08M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $809 and $900, respectively AccountsReceivableNetCurrent $16.39M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $809 and $900, respectively AccountsReceivableNetCurrent $20.31M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 31.61M shares Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent $5.27M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 31.61M shares Point-in-time
Contract assets ContractWithCustomerAssetNetCurrent - USD Point-in-time
Inventories InventoryNet $1.76M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 23.53M shares Point-in-time
Inventories InventoryNet $2.00M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 23.32M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $5.42M USD Point-in-time
Treasury shares TreasuryStockShares 8.28M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $5.59M USD Point-in-time
Treasury shares TreasuryStockShares 8.08M shares Point-in-time
Total current assets AssetsCurrent $67.84M USD Point-in-time
Total current assets AssetsCurrent $63.92M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $17.11M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $17.51M USD Point-in-time
Goodwill Goodwill $19.62M USD Point-in-time
Goodwill Goodwill $19.62M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.47M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.48M USD Point-in-time
Software development costs, net CapitalizedComputerSoftwareNet $45.18M USD Point-in-time
Software development costs, net CapitalizedComputerSoftwareNet $44.51M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $2.48M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $4.67M USD Point-in-time
Total assets Assets $162.23M USD Point-in-time
Total assets Assets $157.21M USD Point-in-time
Accounts payable AccountsPayableCurrent $8.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $9.03M USD Point-in-time
Contract liabilities ContractWithCustomerLiability $30.78M USD Point-in-time
Contract liabilities ContractWithCustomerLiability $26.82M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $9.24M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $8.54M USD Point-in-time
Capital lease obligations, current CapitalLeaseObligationsCurrent $96.00K USD Point-in-time
Capital lease obligations, current CapitalLeaseObligationsCurrent $120.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $48.45M USD Point-in-time
Total current liabilities LiabilitiesCurrent $44.58M USD Point-in-time
Deferred income taxes, non-current DeferredTaxLiabilities $251.00K USD Point-in-time
Deferred income taxes, non-current DeferredTaxLiabilities $227.00K USD Point-in-time
Capital lease obligations, non-current CapitalLeaseObligationsNoncurrent $51.00K USD Point-in-time
Capital lease obligations, non-current CapitalLeaseObligationsNoncurrent $57.00K USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $3.91M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $3.73M USD Point-in-time
Commitments and contingencies (see Note 8) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 8) 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 23,526,906 and 23,324,679 shares outstanding at June 30, 2018 and March 31, 2018, 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 23,526,906 and 23,324,679 shares outstanding at June 30, 2018 and March 31, 2018, respectively CommonStockValue $9.48M USD Point-in-time
Treasury shares, 8,079,925 and 8,282,152 at June 30, 2018 and March 31, 2018, respectively TreasuryStockValue $2.49M USD Point-in-time
Treasury shares, 8,079,925 and 8,282,152 at June 30, 2018 and March 31, 2018, respectively TreasuryStockValue $2.42M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapital $-1.52M USD Point-in-time
Capital in excess of stated value AdditionalPaidInCapital $-1.91M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $103.60M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $104.48M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-263.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-255.00K USD Point-in-time
Total shareholders' equity StockholdersEquity $109.75M USD Point-in-time
Total shareholders' equity StockholdersEquity $108.43M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $157.21M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $162.23M USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $33.87M USD 1 Quarter
Net revenue RevenueFromContractWithCustomerExcludingAssessedTax $34.01M USD 1 Quarter
Products (inclusive of developed technology amortization) CostOfGoodsSold $7.13M USD 1 Quarter
Products (inclusive of developed technology amortization) CostOfGoodsSold $7.62M USD 1 Quarter
Support, maintenance and subscription services CostOfServicesSupportMaintenanceAndSubscriptionServicesCost $4.04M USD 1 Quarter
Support, maintenance and subscription services CostOfServicesSupportMaintenanceAndSubscriptionServicesCost $4.07M USD 1 Quarter
Professional services CostOfServices $5.54M USD 1 Quarter
Professional services CostOfServices $4.91M USD 1 Quarter
Total cost of goods sold CostOfGoodsAndServicesSold $16.12M USD 1 Quarter
Total cost of goods sold CostOfGoodsAndServicesSold $17.20M USD 1 Quarter
Gross profit GrossProfit $17.89M USD 1 Quarter
Gross profit GrossProfit $16.67M USD 1 Quarter
Gross Profit Ratio GrossProfitRatio 0.53 pure 1 Quarter
Gross Profit Ratio GrossProfitRatio 0.49 pure 1 Quarter
Product development ResearchAndDevelopmentExpense $6.63M USD 1 Quarter
Product development ResearchAndDevelopmentExpense $7.09M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $5.13M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $4.75M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.80M USD 1 Quarter
Depreciation of fixed assets Depreciation $606.00K USD 1 Quarter
Depreciation of fixed assets Depreciation $611.00K USD 1 Quarter
Amortization AdjustmentForAmortization $485.00K USD 1 Quarter
Amortization AdjustmentForAmortization $543.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $485.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $11.50K USD 1 Quarter
Severance Costs SeveranceCosts1 $440.00K USD 1 Quarter
Severance Costs SeveranceCosts1 $37.00K USD 1 Quarter
Accrued Legal Settlements LegalFees $91.00K USD 1 Quarter
Accrued Legal Settlements LegalFees - USD 1 Quarter
Total operating expense SellingGeneralAndAdministrativeExpense $19.69M USD 1 Quarter
Total operating expense SellingGeneralAndAdministrativeExpense $19.53M USD 1 Quarter
Operating loss OperatingIncomeLoss $-3.02M USD 1 Quarter
Operating loss OperatingIncomeLoss $-1.64M USD 1 Quarter
Interest (income) InvestmentIncomeInterest $55.00K USD 1 Quarter
Interest (income) InvestmentIncomeInterest $28.00K USD 1 Quarter
Interest expense InterestExpense $3.00K USD 1 Quarter
Interest expense InterestExpense $2.00K USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $-198.00K USD 1 Quarter
Other expense (income), net OtherNonoperatingIncomeExpense $113.00K USD 1 Quarter
Loss before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-1.78M USD 1 Quarter
Loss before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-2.88M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $78.00K USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-49.00K USD 1 Quarter
Net loss NetIncomeLoss $-2.96M USD 1 Quarter
Net loss NetIncomeLoss $-1.74M USD 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 22.72M shares 1 Quarter
Weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 23.09M shares 1 Quarter
Loss per share (in dollars per share) EarningsPerShareBasicAndDiluted $-0.13 USD 1 Quarter
Loss per share (in dollars per share) EarningsPerShareBasicAndDiluted $-0.08 USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-2.96M USD 1 Quarter
Net loss NetIncomeLoss $-1.74M USD 1 Quarter
Net restructuring, severance and other charges Paymentsforrestructuringseveranceandothercharges $12.00K USD 1 Quarter
Net restructuring, severance and other charges Paymentsforrestructuringseveranceandothercharges $-15.00K USD 1 Quarter
Net legal settlements PaymentsForLegalSettlements - USD 1 Quarter
Net legal settlements PaymentsForLegalSettlements $91.00K USD 1 Quarter
Depreciation Depreciation $606.00K USD 1 Quarter
Depreciation Depreciation $611.00K USD 1 Quarter
Amortization AdjustmentForAmortization $485.00K USD 1 Quarter
Amortization AdjustmentForAmortization $543.00K USD 1 Quarter
Amortization of developed technology Amortizationofsoftwaredevelopment $2.31M USD 1 Quarter
Amortization of developed technology Amortizationofsoftwaredevelopment $2.66M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-106.00K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-28.00K USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.22M USD 1 Quarter
Share-based compensation ShareBasedCompensation $409.00K USD 1 Quarter
Change in cash surrender value of company owned life insurance policies LifeInsuranceCorporateOrBankOwnedChangeInValue $4.00K USD 1 Quarter
Change in cash surrender value of company owned life insurance policies LifeInsuranceCorporateOrBankOwnedChangeInValue $6.00K USD 1 Quarter
Increase (Decrease) in Operating Capital IncreaseDecreaseInOperatingCapital $-3.98M USD 1 Quarter
Increase (Decrease) in Operating Capital IncreaseDecreaseInOperatingCapital $-2.24M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-1.36M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-484.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $744.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $2.12M USD 1 Quarter
Capitalized software development costs PaymentsForCapitalizedSoftwareDevelopment $2.99M USD 1 Quarter
Capitalized software development costs PaymentsForCapitalizedSoftwareDevelopment $2.13M USD 1 Quarter
Investments in corporate-owned life insurance policies PaymentsForProceedsFromLifeInsurancePolicies $2.00K USD 1 Quarter
Investments in corporate-owned life insurance policies PaymentsForProceedsFromLifeInsurancePolicies $2.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-5.12M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.88M USD 1 Quarter
Repurchase of common shares to satisfy employee tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $265.00K USD 1 Quarter
Repurchase of common shares to satisfy employee tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $495.00K USD 1 Quarter
Principal payments under long-term obligations RepaymentsOfLongTermDebt $30.00K USD 1 Quarter
Principal payments under long-term obligations RepaymentsOfLongTermDebt $31.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-296.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-525.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-101.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $50.00K USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-4.87M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-5.85M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $39.94M 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 $35.08M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $39.94M 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 $35.08M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $49.26M USD Point-in-time
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $82.00K USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $243.00K USD 1 Quarter
Accrued capitalized software development costs ConstructionInProgressExpendituresIncurredButNotYetPaid $681.00K USD 1 Quarter
Accrued capitalized software development costs ConstructionInProgressExpendituresIncurredButNotYetPaid $57.00K USD 1 Quarter
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Net loss IncomeLossFromContinuingOperations $-2.96M USD 1 Quarter
Net loss IncomeLossFromContinuingOperations $-1.74M USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $44.00K USD 1 Quarter
Unrealized foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-8.00K USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-2.91M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-1.74M USD 1 Quarter

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

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