Company: PTC
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0000950170-25-015530
Chunk: 68

Company: PTC INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 68
---
 Amount

    AdditionalPaid-InCapital

    Retained Earnings

    OtherComprehensiveLoss

    TotalStockholders’Equity

    Balance as of September 30, 2023

    118,846

    $
    1,188

    $
    1,820,905

    $
    973,277

    $
    (118,080
    )
     
    $
    2,677,290

    Common stock issued for employee stock-based awards

    950

    10

    (10
    )

    —

    —

    —

    Shares surrendered by employees to pay taxes related to stock-based awards

    (351
    )

    (4
    )

    (54,332
    )

    —

    —

    (54,336
    )

    Compensation expense from stock-based awards

    —

    —

    94,371

    —

    —

    94,371

    Net income

    —

    —

    —

    66,387

    —

    66,387

    Loss on net investment hedges, net of tax

    —

    —

    —

    —

    (11,511
    )

    (11,511
    )

    Foreign currency translation adjustment

    —

    —

    —

    —

    34,674

    34,674

    Change in defined benefit pension items, net of tax

    —

    —

    —

    —

    (222
    )

    (222
    )

    Balance as of December 31, 2023

    119,445

    $
    1,194

    $
    1,860,934

    $
    1,039,664

    $
    (95,139
    )
     
    $
    2,806,653

The accompanying notes are an integral part of the condensed consolidated financial statements.

5

PTC Inc.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

1. Basis of PresentationGeneralThe accompanying unaudited condensed consolidated financial statements include the accounts of PTC Inc. and its wholly owned subsidiaries and have been prepared by management in accordance with accounting principles generally accepted in the United States of America (GAAP) and in accordance with the rules and regulations of the Securities and Exchange Commission regarding interim financial reporting. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles