RVBD » Topics » Spares

This excerpt taken from the RVBD 10-Q filed Oct 30, 2008.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At September 30, 2008 and December 31, 2007 our spare parts balance was $4.1 million and $2.5 million, respectively. In the three months ended September 30, 2008 and 2007, we amortized $528,000 and $171,000, respectively, to cost of support and services related to spares. In the nine months ended September 30, 2008 and 2007, we amortized $1.3 million and $405,000, respectively.

This excerpt taken from the RVBD 10-Q filed Jul 29, 2008.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At June 30, 2008 and December 31, 2007 our spare parts balance was $3.5 million and $2.5 million, respectively. In the three months ended June 30, 2008 and 2007, we amortized $447,000 and $128,000, respectively to cost of support and services related to spares. In the six months ended June 30, 2008 and 2007, we amortized $800,000 and $234,000, respectively.

 

10


Table of Contents
This excerpt taken from the RVBD 10-Q filed Apr 29, 2008.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At March 31, 2008 and December 31, 2007 our spare parts balance, net of accumulated amortization, was $2.8 million and $2.5 million, respectively. In the three months ended March 31, 2008 and March 31, 2007, we amortized $353,000 million and $106,000, respectively, to cost of support and services related to spares.

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

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At December 31, 2007 and 2006 our spare parts balance was $2.5 million and $876,000, respectively. In the years ended December 31, 2007 and 2006, we amortized $711,000 and $192,000, respectively, to cost of support and services relating to spares.

Spares

We hold spare
parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At December 31, 2007 and 2006 our spare parts balance was
$2.5 million and $876,000, respectively. In the years ended December 31, 2007 and 2006, we amortized $711,000 and $192,000, respectively, to cost of support and services relating to spares.

STYLE="margin-top:18px;margin-bottom:0px">Concentrations of Risk

Financial instruments that are potentially
subject to concentrations of credit risk consist primarily of cash, cash equivalents, marketable securities, and trade receivables. Investment policies have been implemented that limit investments to investment grade securities. The risk with
respect to trade receivables is mitigated by credit evaluations we perform on our customers and by the diversification of our customer base. No customer represented more than 10% of our revenue for the years ended December 31, 2007, 2006 or
2005.

We outsource the production of our hardware to third-party manufacturing facilities. We rely on purchase orders or long-term contracts with
our contract manufacturers. At December 31, 2007, we had no long-term contractual commitment with any manufacturer; however, we did have a 90 day commitment totaling $6.1 million.

FACE="ARIAL" SIZE="2">Foreign Currency Translation

While the majority of our revenue contracts are denominated in United States
dollars, we incur certain operating expenses in various foreign currencies. The functional currency of our foreign

 


67







Table of Contents


RIVERBED TECHNOLOGY, INC.

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

 


operations is the local country’s currency. Consequently, expenses of operations outside the United States are translated into United States dollars using average
exchange rates for the period reported while assets and liabilities of operations outside the United States are translated into United States dollars using end of period exchange rates. Foreign currency translation adjustments not affecting net
income are included in stockholders’ equity as a component of accumulated other comprehensive income (loss) in the accompanying consolidated balance sheets. The revaluation effect of foreign currency fluctuations on intercompany balances is
recorded to foreign currency gain (loss) and included in other income (expense) in the accompanying consolidated statements of operations. Foreign currency losses included in other income (expense) for the years ended December 31, 2007, 2006
and 2005 were $349,000, $219,000 and $63,000, respectively.

This excerpt taken from the RVBD 10-Q filed Oct 25, 2007.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At September 30, 2007 and December 31, 2006 we had $1.3 million and $876,000, respectively, of spare inventory, net of accumulated amortization.

This excerpt taken from the RVBD 10-Q filed Jul 30, 2007.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At June 30, 2007 and December 31, 2006 we had $1.0 million and $876,000, respectively, of spare inventory, net of accumulated amortization.

This excerpt taken from the RVBD 10-Q filed Apr 27, 2007.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At March 31, 2007 and December 31, 2006 we had $922,000 and $876,000, respectively, of spare inventory, net of accumulated amortization, in other long term assets.

This excerpt taken from the RVBD 10-K filed Feb 9, 2007.

Spares

We hold spare parts to service our customers who purchase support. We classify spare parts as other long term assets and amortize the spares over an estimated useful life of three years. At December 31, 2006 and 2005 our spares balance was $876,000 and $0, respectively. In 2006, we amortized $192,000 to cost of support and services relating to spares.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki