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SEC Filings

10-Q
EQUINIX INC filed this Form 10-Q on 11/02/2018
Entire Document
 
EQUINIX, INC.
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
(Unaudited)


Statements of Operations
 
Three Months Ended
September 30, 2018
 
Adjustments
 
Balance without adoption of Topic 606
 
Nine Months Ended
September 30, 2018
 
Adjustments
 
Balance without adoption of Topic 606
Revenues
 
$
1,283,751

 
$
(3,186
)
 
$
1,280,565

 
$
3,761,571

 
$
(9,543
)
 
$
3,752,028

Sales and marketing
 
157,920

 
5,202

 
163,122

 
471,898

 
12,880

 
484,778

Total costs and operating expenses
 
1,017,998

 
5,202

 
1,023,200

 
3,054,905

 
12,880

 
3,067,785

Income from operations
 
265,753

 
(8,388
)
 
257,365

 
706,666

 
(22,423
)
 
684,243

Income before income taxes
 
143,335

 
(8,388
)
 
134,947

 
296,962

 
(22,423
)
 
274,539

Income tax expense
 
(18,510
)
 
(533
)
 
(19,043
)
 
(41,625
)
 
1,987

 
(39,638
)
Net income
 
$
124,825

 
$
(8,921
)
 
$
115,904

 
$
255,337

 
$
(20,436
)
 
$
234,901

Basic EPS
 
$
1.56

 
$
(0.11
)
 
$
1.45

 
$
3.21

 
$
(0.26
)
 
$
2.95

Diluted EPS
 
$
1.55

 
$
(0.11
)
 
$
1.44

 
$
3.19

 
$
(0.25
)
 
$
2.94


Statements of Cash Flow
 
Nine Months Ended
September 30, 2018
 
Adjustments
 
Balance without adoption of Topic 606
Cash flows from operating activities:
 
 
 
 
 
 
Net income
 
$
255,337

 
$
(20,436
)
 
$
234,901

Adjustments to reconcile net income to net cash provided by operating activities:
 
 
 
 
 
 
Changes in operating assets and liabilities:
 
 
 
 
 
 
Income taxes, net
 
(32,876
)
 
27

 
(32,849
)
Other assets
 
(22,409
)
 
10,565

 
(11,844
)
Other liabilities
 
14,879

 
9,844

 
24,723

Net cash provided by operating activities
 
$
1,256,797

 
$

 
$
1,256,797


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