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10-Q Filing

GODADDY INC. CIK: 1609711 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001609711-18-000129
Period End Date 20180331
Filing Date 20180509
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance gddy-20180331.xml
Balance Sheet 76 line items
Line Item Tag Value Unit Period
Preferred stock par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $710.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $582.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $658.20M USD Point-in-time
Preferred stock shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $566.10M USD Point-in-time
Short-term investments ShortTermInvestments $18.80M USD Point-in-time
Preferred stock outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Short-term investments ShortTermInvestments $12.30M USD Point-in-time
Accounts and other receivables AccountsReceivableNetCurrent $24.00M USD Point-in-time
Accounts and other receivables AccountsReceivableNetCurrent $18.40M USD Point-in-time
Registry deposits DepositsAssetsCurrent $41.20M USD Point-in-time
Registry deposits DepositsAssetsCurrent $34.70M USD Point-in-time
Prepaid domain name registry fees PrepaidExpenseRegistryFeesCurrent $365.90M USD Point-in-time
Prepaid domain name registry fees PrepaidExpenseRegistryFeesCurrent $351.50M USD Point-in-time
Prepaid expenses and other current assets OtherPrepaidExpenseandOtherAssetsCurrent $60.70M USD Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 168.00M shares Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 170.44M shares Point-in-time
Prepaid expenses and other current assets OtherPrepaidExpenseandOtherAssetsCurrent $59.90M USD Point-in-time
Total current assets AssetsCurrent $1.06B USD Point-in-time
Total current assets AssetsCurrent $1.22B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $295.30M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $297.90M USD Point-in-time
Prepaid domain name registry fees, net of current portion PrepaidExpenseNoncurrent $180.80M USD Point-in-time
Prepaid domain name registry fees, net of current portion PrepaidExpenseNoncurrent $184.90M USD Point-in-time
Goodwill Goodwill $2.86B USD Point-in-time
Goodwill Goodwill $2.90B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.33B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.32B USD Point-in-time
Other assets OtherAssetsNoncurrent $13.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $14.20M USD Point-in-time
Total assets Assets $5.93B USD Point-in-time
Total assets Assets $5.74B USD Point-in-time
Accounts payable AccountsPayableCurrent $57.90M USD Point-in-time
Accounts payable AccountsPayableCurrent $59.60M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $469.60M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $492.30M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $1.35B USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $1.26B USD Point-in-time
Long-term debt LongTermDebtCurrent $16.70M USD Point-in-time
Long-term debt LongTermDebtCurrent $16.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.91B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.81B USD Point-in-time
Deferred revenue, net of current portion ContractWithCustomerLiabilityNoncurrent $596.80M USD Point-in-time
Deferred revenue, net of current portion ContractWithCustomerLiabilityNoncurrent $622.90M USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $2.41B USD Point-in-time
Long-term debt, net of current portion LongTermDebtNoncurrent $2.41B USD Point-in-time
Payable to related parties pursuant to tax receivable agreements DueToRelatedPartiesNoncurrent $153.00M USD Point-in-time
Payable to related parties pursuant to tax receivable agreements DueToRelatedPartiesNoncurrent $167.60M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $78.10M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $75.00M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $147.00M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $145.50M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.001 par value - 50,000 shares authorized; none issued and outstanding PreferredStockValueOutstanding - USD Point-in-time
Preferred stock, $0.001 par value - 50,000 shares authorized; none issued and outstanding PreferredStockValueOutstanding - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $537.60M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $484.40M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $91.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $87.70M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-80.40M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-85.70M USD Point-in-time
Total stockholders' equity attributable to GoDaddy Inc. StockholdersEquity $486.50M USD Point-in-time
Total stockholders' equity attributable to GoDaddy Inc. StockholdersEquity $548.30M USD Point-in-time
Non-controlling interests MinorityInterest $60.00M USD Point-in-time
Non-controlling interests MinorityInterest $48.00M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $596.30M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $546.50M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $5.93B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $5.74B USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Revenue Revenues $633.20M USD 1 Quarter
Revenue Revenues $489.70M USD 1 Quarter
Cost of revenue (excluding depreciation and amortization) CostOfServices $176.80M USD 1 Quarter
Cost of revenue (excluding depreciation and amortization) CostOfServices $215.30M USD 1 Quarter
Technology and development TechnologyRelatedCosts $102.00M USD 1 Quarter
Technology and development TechnologyRelatedCosts $80.20M USD 1 Quarter
Marketing and advertising MarketingAndAdvertisingExpense $74.50M USD 1 Quarter
Marketing and advertising MarketingAndAdvertisingExpense $67.40M USD 1 Quarter
Customer care CustomerServiceExpense $67.00M USD 1 Quarter
Customer care CustomerServiceExpense $80.40M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $61.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $76.40M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $57.80M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $31.60M USD 1 Quarter
Total costs and operating expenses OperatingExpenses $484.00M USD 1 Quarter
Total costs and operating expenses OperatingExpenses $606.40M USD 1 Quarter
Operating income OperatingIncomeLoss $26.80M USD 1 Quarter
Operating income OperatingIncomeLoss $5.70M USD 1 Quarter
Interest expense InterestExpense $12.80M USD 1 Quarter
Interest expense InterestExpense $23.80M USD 1 Quarter
Tax receivable agreements liability adjustment RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $100.00K USD 1 Quarter
Tax receivable agreements liability adjustment RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty $-5.00M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-1.70M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $1.70M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $1.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.10M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.90M USD 1 Quarter
Benefit (provision) for income taxes IncomeTaxExpenseBenefit $1.00M USD 1 Quarter
Benefit (provision) for income taxes IncomeTaxExpenseBenefit $-300.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.20M USD 1 Quarter
Net income (loss) ProfitLoss $-3.10M USD 1 Quarter
Less: net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $900.00K USD 1 Quarter
Less: net income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-3.70M USD 1 Quarter
Net income attributable to GoDaddy Inc. NetIncomeLoss $600.00K USD 1 Quarter
Net income attributable to GoDaddy Inc. NetIncomeLoss $3.30M USD 1 Quarter
Cash Flow Statement 64 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $4.20M USD 1 Quarter
Net income ProfitLoss $-3.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $57.80M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $31.60M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $31.50M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $16.40M USD 1 Quarter
Other OtherNoncashIncomeExpense $-2.70M USD 1 Quarter
Other OtherNoncashIncomeExpense $-1.90M USD 1 Quarter
Registry deposits IncreaseDecreaseInDepositOtherAssets $-1.90M USD 1 Quarter
Registry deposits IncreaseDecreaseInDepositOtherAssets $6.40M USD 1 Quarter
Prepaid domain name registry fees IncreaseDecreaseinPrepaidExpenseRegistryFees $22.80M USD 1 Quarter
Prepaid domain name registry fees IncreaseDecreaseinPrepaidExpenseRegistryFees $17.40M USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilities $-1.40M USD 1 Quarter
Accrued expenses and other current liabilities IncreaseDecreaseInAccruedLiabilities $-16.80M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $94.70M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $103.10M USD 1 Quarter
Other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-6.60M USD 1 Quarter
Other operating assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $9.50M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $148.40M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $126.60M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $6.40M USD 1 Quarter
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $6.90M USD 1 Quarter
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $400.00K USD 1 Quarter
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $600.00K USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $6.60M USD 1 Quarter
Business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $4.00M USD 1 Quarter
Payment of PlusServer sales price adjustment PaymentsForPreviousDivestitureOfBusinesses $4.30M USD 1 Quarter
Payment of PlusServer sales price adjustment PaymentsForPreviousDivestitureOfBusinesses - USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $19.80M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $16.10M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-33.50M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-29.60M USD 1 Quarter
Stock option exercises ProceedsFromStockOptionsandWarrantsExercised $13.90M USD 1 Quarter
Stock option exercises ProceedsFromStockOptionsandWarrantsExercised $20.70M USD 1 Quarter
Financing-related costs PaymentsOfDebtIssuanceCosts $9.10M USD 1 Quarter
Financing-related costs PaymentsOfDebtIssuanceCosts - USD 1 Quarter
Distributions to holders of LLC Units PaymentsOfDividends - USD 1 Quarter
Distributions to holders of LLC Units PaymentsOfDividends $7.00M USD 1 Quarter
Repayment of term loans RepaymentsOfLongTermDebt - USD 1 Quarter
Repayment of term loans RepaymentsOfLongTermDebt $6.20M USD 1 Quarter
Capital leases and other financing obligations RepaymentsOfOtherDebt $2.60M USD 1 Quarter
Capital leases and other financing obligations RepaymentsOfOtherDebt $2.70M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-4.90M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $11.90M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents - USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $1.20M USD 1 Quarter
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $128.00M USD 1 Quarter
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $92.10M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $710.70M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $582.70M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $658.20M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $566.10M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $710.70M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $582.70M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $658.20M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $566.10M USD Point-in-time
Interest on long-term debt, net of swap benefit InterestPaid $8.80M USD 1 Quarter
Interest on long-term debt, net of swap benefit InterestPaid $20.50M USD 1 Quarter
Income taxes, net of refunds received IncomeTaxesPaidNet $5.30M USD 1 Quarter
Income taxes, net of refunds received IncomeTaxesPaidNet $1.40M USD 1 Quarter
Fair value of contingent consideration in connection with business acquisitions BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $2.20M USD 1 Quarter
Fair value of contingent consideration in connection with business acquisitions BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 - USD 1 Quarter
Accrued capital expenditures at period end CapitalExpendituresIncurredbutNotyetPaidExcludingCapitalImprovements $10.50M USD 1 Quarter
Accrued capital expenditures at period end CapitalExpendituresIncurredbutNotyetPaidExcludingCapitalImprovements $8.00M USD 1 Quarter
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Common stock outstanding (in shares) CommonStockSharesOutstanding 168.00M shares Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 170.44M shares Point-in-time
Equity at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $596.30M USD Point-in-time
Equity at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $546.50M USD Point-in-time
Net income ProfitLoss $4.20M USD 1 Quarter
Net income ProfitLoss $-3.10M USD 1 Quarter
Equity-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $31.50M USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueShareBasedCompensationGross $20.70M USD 1 Quarter
Liability pursuant to the tax receivable agreements resulting from exchanges of LLC Units AdjustmentsToAdditionalPaidInCapitalOther $-14.50M USD 1 Quarter
Gain (loss) on swaps and foreign currency hedging, net OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $2.30M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax - USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.60M USD 1 Quarter
Common stock outstanding (in shares) CommonStockSharesOutstanding 168.00M shares Point-in-time
Common stock outstanding (in shares) CommonStockSharesOutstanding 170.44M shares Point-in-time
Equity at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $596.30M USD Point-in-time
Equity at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $546.50M USD Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $4.20M USD 1 Quarter
Net income ProfitLoss $-3.10M USD 1 Quarter
Foreign exchange forward contracts gain (loss), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-2.00M USD 1 Quarter
Foreign exchange forward contracts gain (loss), net OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-700.00K USD 1 Quarter
Unrealized swap gain (loss), net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax - USD 1 Quarter
Unrealized swap gain (loss), net OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $3.00M USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax - USD 1 Quarter
Change in foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.60M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-5.10M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $12.10M USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Less: comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.50M USD 1 Quarter
Comprehensive income (loss) attributable to GoDaddy Inc. ComprehensiveIncomeNetOfTax $-5.10M USD 1 Quarter
Comprehensive income (loss) attributable to GoDaddy Inc. ComprehensiveIncomeNetOfTax $8.60M USD 1 Quarter

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

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