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SEC Filings

424B5
EQUINIX INC filed this Form 424B5 on 02/28/2019
Entire Document
 


Table of Contents

Capitalization

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  
  

 

 

   

 

 

 

 

  (1)

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;

 

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