Company: ALGN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001097149-25-000079
Chunk: 6

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 6
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909 $35,913 $2,572,525 $3,944,354 

Common StockAdditional Paid-In CapitalAccumulated Other Comprehensive Income (Loss), NetRetained EarningsTotalNine Months Ended September 30, 2024SharesAmountBalance as of December 31, 202375,075 $7 $1,162,140 $21,168 $2,447,174 $3,630,489 Net income— — — — 317,555 317,555 Net change in unrealized gains (losses) from investments— — — 605 — 605 Net change in foreign currency translation adjustment— — — 14,140 — 14,140 Issuance of common stock relating to employee equity compensation plans408 — 25,281 — — 25,281 Tax withholdings related to net share settlements of equity awards(92)— (27,972)— — (27,972)Common stock repurchased and retired(634)— (7,922)— (142,677)(150,599)Equity forward contract related to accelerated stock repurchase— — 49,527 — (49,527)— Stock-based compensation— — 134,855 — — 134,855 Balance as of September 30, 202474,757 $7 $1,335,909 $35,913 $2,572,525 $3,944,354 

The accompanying notes are an integral part of these unaudited Condensed Consolidated Financial Statements.

7 

ALIGN TECHNOLOGY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands) 

(unaudited) 

 Nine Months EndedSeptember 30, 20252024CASH FLOWS FROM OPERATING ACTIVITIES:Net income $274,591 $317,555 Adjustments to reconcile net income to net cash provided by operating activities:Deferred taxes(9,409)17,465 Depreciation and amortization135,441 106,905 Stock-based compensation141,582 134,855 Non-cash operating lease cost29,504 28,603 Impairment loss on Assets held for sale23,142 — Impairment of equity investment85 115 Other non-cash operating