Company: PTC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0000950170-25-015530
Chunk: 62

Company: PTC INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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PTC Inc.

CONSOLIDATED BALANCE SHEETS

(in thousands, except per share data)

(unaudited)

    December 31,2024

    September 30,2024

    ASSETS

    Current assets:

    Cash and cash equivalents
     
    $
    196,338

    $
    265,808

    Accounts receivable, net of allowance for doubtful accounts of $1,332 and $1,180 at December 31, 2024 and September 30, 2024, respectively

    694,807

    861,953

    Prepaid expenses

    117,902

    102,931

    Other current assets

    75,493

    68,013

    Total current assets

    1,084,540

    1,298,705

    Property and equipment, net

    71,069

    75,187

    Goodwill

    3,423,420

    3,461,891

    Acquired intangible assets, net

    872,108

    897,476

    Deferred tax assets

    164,259

    159,404

    Operating right-of-use lease assets

    128,357

    133,317

    Other assets

    331,611

    357,562

    Total assets
     
    $
    6,075,364

    $
    6,383,542

    LIABILITIES AND STOCKHOLDERS’ EQUITY

    Current liabilities:

    Accounts payable
     
    $
    20,689

    $
    24,198

    Accrued expenses and other current liabilities

    114,939

    129,528

    Accrued compensation and benefits

    134,924

    173,797

    Accrued income taxes

    37,288

    39,978

    Current portion of long-term debt

    524,864

    521,467

    Deferred revenue

    706,175

    754,039

    Short-term lease obligations

    22,561

    24,186

    Total current liabilities

    1,561,440

    1,667,193

    Long-term debt

    1,019,127

    1