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SEC Filings

EQUINIX INC filed this Form 424B5 on 02/28/2019
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The following table sets forth our cash, cash equivalents and short-term investments, restricted cash, current portion of indebtedness, and our capitalization as of December 31, 2018:



on an actual basis; and



on an as adjusted basis to give effect to this offering, after deducting underwriting discounts and commissions and estimated offering expenses payable by us (assuming no exercise of the underwriters’ option to purchase additional shares of our common stock).

You should read this table in conjunction with the section “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes from our Annual Report on Form 10-K for the year ended December 31, 2018, incorporated by reference in this prospectus supplement and the accompanying prospectus.


     As of December 31, 2018  
     Actual     As Adjusted  
     (Dollars in thousands)  

Cash, cash equivalents and short-term investments

   $ 610,706     $ 1,665,840  







Restricted cash

   $ 21,438     $ 21,438  







Current portion of debt(1)

   $ 451,972     $ 451,972  







Long-term debt, net of current portion(1):


Capital lease and other financing obligations

   $ 1,441,077     $ 1,441,077  

Mortgage and loans payable

     1,310,663       1,310,663  

Senior notes

     8,128,785       8,128,785  







Total long-term debt

     10,880,525       10,880,525  







Stockholders’ equity:


Preferred stock, $0.001 par value per share; 100,000,000 shares authorized, actual and as adjusted; zero shares issued and outstanding, actual and as adjusted

     —         —    

Common stock, $0.001 par value per share; 300,000,000 shares authorized, actual and as adjusted; 81,119,117 issued and 80,722,258 outstanding, actual; 83,715,270 shares issued and 83,318,411 shares outstanding, as adjusted

     81       84  

Additional paid-in capital

     10,751,313       11,806,444  

Treasury stock

     (145,161     (145,161

Accumulated dividends

     (3,331,200     (3,331,200

Accumulated other comprehensive loss

     (945,702     (945,702

Retained earnings (accumulated deficit)

     889,948       889,948  







Total stockholders’ equity

     7,219,279       8,274,413  







Total capitalization

   $ 18,099,804     $ 19,154,938  









Debt is presented net of issuance costs and unamortized premiums and discounts.

The number of shares of our common stock to be outstanding after this offering is based on 80,722,258 shares of our common stock outstanding as of December 31, 2018. Unless the context requires otherwise, the number of shares of our common stock to be outstanding after this offering excludes:



1,226,814 shares of common stock issuable upon the exercise of options and vesting of restricted stock units outstanding as of December 31, 2018;