F5 : Consolidated Balance Sheets

F5 Networks, Inc.

Consolidated Balance Sheets (unaudited, in thousands)

		December 31,			September 30,
		2019			2019
Assets
Current assets
Cash and cash equivalents……………..………………….…...……………………………………. ($	735,457)	($	599,219)
Short-term investments……………………………………….…………….………………………… (	426,761)	(	373,063)
Accounts receivable, net of allowances of $3,304 and $3,259…………………………………… (	354,668)	(	322,029)
Inventories………………………………………………………………………...…………………… (	32,381)	(	34,401)
Other current assets……………………………………………...…………………………………… (	188,204)	(	182,874)
Total current assets……………………………………………...……………………………………	(	1,737,471)		(	1,511,586)
Property and equipment, net………………………………………………………………………… (	229,800)	(	223,426)
Operating lease right-of-use assets…………………………………………………………………… (	303,435)	(	-)
Long-term investments………………………………………………………………………………… (	312,044)	(	358,402)
Deferred tax assets…………………………………………………………………………………… (	29,380)	(	27,701)
Goodwill………………………………………………………………………………………………… (	1,065,379)	(	1,065,379)
Other assets, net……………………………………………………………………………………… (	197,851)	(	203,781)
Total assets………………………………………………………………………………………….	($	3,875,360)		($	3,390,275)
Liabilities and Shareholders' Equity
Current liabilities
Accounts payable……………………………………………………………………………………… ($	52,407)	($	62,627)
Accrued liabilities……………………………………………………………………………………… (	250,350)	(	235,869)
Deferred revenue……………………………………………………………………………………… (	847,750)	(	807,030)
Total current liabilities…………………………………………………………………………………	(	1,150,507)		(	1,105,526)
Other long-term liabilities……………………………………………………………………………… (	62,611)	(	131,853)
Deferred revenue, long-term…………………………………………………………………………… (	390,223)	(	391,086)
Deferred tax liabilities…………………………………………………………………………………… (	258)	(	313)
Operating lease liabilities……………………………………………………………………………… (	342,303)	(	-)
Total long-term liabilities………………………………………………………………………………	(	795,395)		(	523,252)
Commitments and contingencies
Shareholders' equity
Preferred stock, no par value; 10,000 shares authorized, no shares outstanding……………… (	-)	(	-)
Common stock, no par value; 200,000 shares authorized, 60,803 and 60,367
shares issued and outstanding……………………………………………………………………… (	211,217)	(	142,597)
Accumulated other comprehensive loss……………………………………………………………… (	(18,376)	(	(19,190)
Retained earnings……………………………………………………………………………………… (	1,736,617)	(	1,638,090)
Total shareholders' equity………………………………………………………………………………	(	1,929,458)		(	1,761,497)
Total liabilities and shareholders' equity……………………………………………………………	($	3,875,360)		($	3,390,275)