RVBD » Topics » 5. FIXED ASSETS

These excerpts taken from the RVBD 10-K filed Feb 23, 2009.

5.    FIXED ASSETS

Fixed assets are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets, which is typically two to five years. Leasehold improvements are amortized using the straight-line method over the shorter of the lease term or estimated useful life of the asset. Repair and maintenance costs are expensed as incurred.

 

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Table of Contents

RIVERBED TECHNOLOGY, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

Fixed assets consisted of the following:

 

      Estimated
Useful
Lives
   December 31,  

(in thousands)

      2008     2007  

Computer hardware and equipment

   3 years    $ 15,641     $ 10,191  

Leasehold improvements

   2-5 years      9,432       8,039  

Furniture and fixtures

   3 years      4,332       3,796  

Software

   2-5 years      7,057       3,552  
                   

Total fixed assets

        36,462       25,578  

Accumulated depreciation and amortization

        (14,469 )     (6,752 )
                   

Fixed assets, net

      $ 21,993     $ 18,826  
                   

Depreciation expense was $7.9 million, $4.2 million and $1.8 million for the years ended December 31, 2008, 2007 and 2006, respectively.

5.    FIXED ASSETS

FACE="ARIAL" SIZE="2">Fixed assets are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets, which is typically two to five years. Leasehold improvements are amortized
using the straight-line method over the shorter of the lease term or estimated useful life of the asset. Repair and maintenance costs are expensed as incurred.

 


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Table of Contents


RIVERBED TECHNOLOGY, INC.

FACE="ARIAL" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

FACE="ARIAL" SIZE="2">Fixed assets consisted of the following:

 
























































































































































    Estimated
Useful
Lives
  December 31, 

(in thousands)

    2008  2007 

Computer hardware and equipment

  3 years  $15,641  $10,191 

Leasehold improvements

  2-5 years   9,432   8,039 

Furniture and fixtures

  3 years   4,332   3,796 

Software

  2-5 years   7,057   3,552 
           

Total fixed assets

     36,462   25,578 

Accumulated depreciation and amortization

     (14,469)  (6,752)
           

Fixed assets, net

    $21,993  $18,826 
           

Depreciation expense was $7.9 million, $4.2 million and $1.8 million for the years ended December 31,
2008, 2007 and 2006, respectively.

These excerpts taken from the RVBD 10-K filed Feb 15, 2008.

5.    FIXED ASSETS

Fixed assets are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets, which is typically two to five years. Leasehold improvements are amortized using the straight-line method over the shorter of the lease term or estimated useful life of the asset. Repair and maintenance costs are expensed as incurred.

 

71


Table of Contents

RIVERBED TECHNOLOGY, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

Fixed assets consisted of the following:

 

     Estimated
Useful

Life
   December 31,  

(in thousands)

      2007     2006  

Computer hardware and equipment

   3 years    $ 10,191     $ 5,467  

Leasehold improvements

   2-5 years      8,039       2,646  

Furniture and fixtures

   3 years      3,796       965  

Software

   2-5 years      3,552       1,411  
                   

Total fixed assets

        25,578       10,489  

Accumulated depreciation and amortization

        (6,752 )     (2,771 )
                   

Fixed assets, net

      $ 18,826     $ 7,718  
                   

5.    FIXED ASSETS

FACE="ARIAL" SIZE="2">Fixed assets are stated at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets, which is typically two to five years. Leasehold improvements are amortized
using the straight-line method over the shorter of the lease term or estimated useful life of the asset. Repair and maintenance costs are expensed as incurred.

 


71







Table of Contents


RIVERBED TECHNOLOGY, INC.

FACE="ARIAL" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

FACE="ARIAL" SIZE="2">Fixed assets consisted of the following:

 
























































































































































   Estimated
Useful

Life
  December 31, 

(in thousands)

    2007  2006 

Computer hardware and equipment

  3 years  $10,191  $5,467 

Leasehold improvements

  2-5 years   8,039   2,646 

Furniture and fixtures

  3 years   3,796   965 

Software

  2-5 years   3,552   1,411 
           

Total fixed assets

     25,578   10,489 

Accumulated depreciation and amortization

     (6,752)  (2,771)
           

Fixed assets, net

    $18,826  $7,718 
           
This excerpt taken from the RVBD 10-K filed Feb 9, 2007.

6.    FIXED ASSETS

Fixed assets are stated at the lower of cost or net realizable value. Depreciation is calculated using the straight-line method over the estimated useful lives of the respective assets, which is typically two to three years. Leasehold improvements are amortized using the straight-line method over the shorter of the lease term or estimated useful life of the asset. Repair and maintenance costs are expensed as incurred.

Fixed assets consisted of the following:

 

     Estimated
Useful
Lives
   December 31,  

(in thousands)

      2006     2005  

Computer hardware

   3 years    $ 2,315     $ 1,022  

Computer software

   2-5 years      1,411       69  

Research and development lab equipment

   3 years      3,152       1,706  

Office equipment, furniture and fixtures

   3 years      965       360  

Leasehold improvements

   2-3 years      2,646       183  
                   

Total fixed assets

        10,489       3,340  

Accumulated depreciation and amortization

        (2,771 )     (1,016 )
                   

Fixed assets, net

      $ 7,718     $ 2,324  
                   

"5. FIXED ASSETS" elsewhere:

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