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SEC Filings

10-Q
EQUINIX INC filed this Form 10-Q on 11/02/2018
Entire Document
 

PART I - FINANCIAL INFORMATION
Item 1. Condensed Consolidated Financial Statements
EQUINIX, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands, except share and per share data)
 
September 30,
2018
 
December 31,
2017
 
(Unaudited)
Assets
 
 
 
Current assets:
 
 
 
Cash and cash equivalents
$
870,486

 
$
1,412,517

Short-term investments
15,415

 
28,271

Accounts receivable, net of allowance for doubtful accounts of $16,378 and $18,228
662,401

 
576,313

Other current assets
258,685

 
232,027

Total current assets
1,806,987

 
2,249,128

Long-term investments

 
9,243

Property, plant and equipment, net
10,682,826

 
9,394,602

Goodwill
4,852,549

 
4,411,762

Intangible assets, net
2,383,377

 
2,384,972

Other assets
562,332

 
241,750

Total assets
$
20,288,071

 
$
18,691,457

Liabilities and Stockholders’ Equity
 
 
 
Current liabilities:
 
 
 
Accounts payable and accrued expenses
$
739,117

 
$
719,257

Accrued property, plant and equipment
276,314

 
220,367

Current portion of capital lease and other financing obligations
98,219

 
78,705

Current portion of mortgage and loans payable
73,288

 
64,491

Current portion of senior notes
150,557

 

Other current liabilities
123,824

 
159,914

Total current liabilities
1,461,319

 
1,242,734

Capital lease and other financing obligations, less current portion
1,386,260

 
1,620,256

Mortgage and loans payable, less current portion
1,327,477

 
1,393,118

Senior notes, less current portion
8,318,782

 
6,923,849

Other liabilities
634,060

 
661,710

Total liabilities
13,127,898

 
11,841,667

Commitments and contingencies (Note 9)

 

Stockholders' equity:
 
 
 
Common stock, $0.001 par value per share: 300,000,000 shares authorized; 80,390,472 and 79,038,062 shares outstanding
81

 
79

Additional paid-in capital
10,592,960

 
10,121,323

Treasury stock, at cost; 397,120 and 402,342 shares
(145,216
)
 
(146,320
)
Accumulated dividends
(3,145,430
)
 
(2,592,792
)
Accumulated other comprehensive loss
(922,148
)
 
(785,189
)
Retained earnings
779,926

 
252,689

Total stockholders' equity
7,160,173

 
6,849,790

Total liabilities and stockholders' equity
$
20,288,071

 
$
18,691,457

See accompanying notes to condensed consolidated financial statements.

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