Alarmcom Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 20, 2025
ALRM$65.86+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities: | |||
| Net income | $122,513 | $80,340 | $55,631 |
| Adjustments to reconcile net income to net cash flows from operating activities: | |||
| Provision for credit losses on accounts receivable | 950 | 1,508 | 1,156 |
| Reserve for product returns | 3,187 | 4,399 | 4,746 |
| Provision for / (recovery of) credit losses on notes receivable | 3,996 | 3 | (78) |
| Inventory write-down | — | 1,420 | — |
| Amortization on patents and tooling | 847 | 1,213 | 1,359 |
| Amortization and depreciation | 29,131 | 31,424 | 30,870 |
| Amortization of debt issuance costs | 4,796 | 3,145 | 3,126 |
| Amortization of operating leases | 13,084 | 11,484 | 10,499 |
| Deferred income taxes | (34,496) | (47,730) | (55,039) |
| Change in fair value of contingent liability | 108 | 68 | — |
| Stock-based compensation | 41,242 | 47,283 | 52,654 |
| Gain from investment in unconsolidated entity | (127) | — | (140) |
| Changes in operating assets and liabilities (net of business acquisitions): | |||
| Accounts receivable | 271 | (10,536) | (24,346) |
| Inventory | 8,558 | 20,961 | (40,308) |
| Other current and non-current assets | (2,697) | (1,338) | (8,952) |
| Accounts payable, accrued expenses and other current liabilities | 20,133 | 4,613 | 32,938 |
| Deferred revenue | 3,674 | 4,553 | 3,428 |
| Operating lease liabilities | (12,467) | (13,947) | (12,723) |
| Other liabilities | 3,710 | (2,898) | 2,080 |
| Cash flows from operating activities | 206,413 | 135,965 | 56,901 |
| Cash flows used in investing activities: | |||
| Business acquisition, net of cash acquired | — | (9,696) | (31,730) |
| Additions to property and equipment | (10,133) | (7,517) | (28,640) |
| Issuances of notes receivable | (500) | (450) | (3,000) |
| Capitalized software development costs | (1,643) | (743) | — |
| Receipt of payments on notes receivable | 51 | 55 | 61 |
| Purchase of investment in unconsolidated entities | (11,025) | (1,700) | (5,150) |
| Proceeds from sale of investment | — | — | 140 |
| Purchases of intangible assets and other assets | (1,431) | (5,915) | — |
| Cash flows used in investing activities | (24,681) | (25,966) | (68,319) |
| Cash flows from / (used in) financing activities: | |||
| Proceeds from issuance of convertible senior notes | 500,000 | — | — |
| Payments of debt issuance costs | (14,834) | — | — |
| Purchases of capped calls related to convertible senior notes | (63,050) | — | — |
| Payments of deferred consideration for acquisitions | (7,269) | (1,672) | (1,500) |
| Purchases of treasury stock, including transaction costs | (75,000) | (27,298) | (78,844) |
| Purchases of redeemable noncontrolling interest | — | (832) | — |
| Payments of acquired debt | — | (3,040) | — |
| Payments of tax withholdings related to vesting of restricted stock units | (3,401) | (2,621) | — |
| Issuances of common stock from equity-based plans | 9,984 | 3,598 | 4,020 |
| Cash flows from / (used in) financing activities | 346,430 | (31,865) | (76,324) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (109) | 66 | — |
| Net increase / (decrease) in cash, cash equivalents and restricted cash | 528,053 | 78,200 | (87,742) |
| Cash, cash equivalents and restricted cash at beginning of the period | 701,079 | 622,879 | 710,621 |
| Cash, cash equivalents and restricted cash at end of the period | $1,229,132 | $701,079 | $622,879 |
Consolidated Statements of Cash Flows — (Continued)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Reconciliation of cash, cash equivalents and restricted cash: | |||
| Cash and cash equivalents | $1,220,701 | $696,983 | $622,165 |
| Restricted cash included in other current assets and other assets | 8,431 | 4,096 | 714 |
| Total cash, cash equivalents and restricted cash | $1,229,132 | $701,079 | $622,879 |
| Supplemental disclosures: | |||
| Cash paid for interest | $5,656 | $192 | $— |
| Cash paid for income taxes, net of refunds | 68,211 | 64,577 | 7,453 |
| Noncash investing and financing activities: | |||
| Cash not yet paid for capital expenditures | 255 | 630 | 1,047 |
| Cash not yet paid for business and asset acquisitions - holdback | 200 | 2,780 | 4,833 |
| Contingent liability from business acquisition | 2,169 | 2,061 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.