Delaware | 001-36067 | 20-1548921 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Exhibit No. | Description | |
99.1 | Press release dated May 21, 2018 | |
99.2 | Financial information |
Exhibit No. | Description | |
99.1 | ||
99.2 |
FIREEYE, INC. | ||
Date: May 21, 2018 | By: | /s/ Alexa King |
Alexa King Executive Vice President, General Counsel and Secretary |
ASC 606 Impact to Previously Reported Results | ||||||
FireEye, Inc. adjusted its condensed consolidated financial statements from amounts previously reported due to the adoption of ASC 606. Select condensed consolidated income statement items and balance sheet items, which reflect the adoption of ASC 606, are as follows (in thousands): | ||||||
Three months ended March 31, 2017 | ||||||
As Previously Reported | Impact of Adoption | As Adjusted | ||||
Revenue | $ 173,738 | $ 11,021 | $ 184,759 | |||
Deferred revenue 3/31/17 | $ 632,185 | $ 255,775 | $ 887,960 | |||
Deferred revenue 12/31/16 | $ 653,516 | $ 274,233 | $ 927,749 | |||
Change in deferred revenue | $ (21,331) | $ (18,458) | $ (39,789) | |||
Billings | $ 152,407 | $ (7,437) | $ 144,970 | |||
Three months ended June 30, 2017 | ||||||
As Previously Reported | Impact of Adoption | As Adjusted | ||||
Revenue | $ 185,472 | $ 6,250 | $ 191,722 | |||
Deferred revenue 6/30/17 | $ 618,736 | $ 251,084 | $ 869,820 | |||
Deferred revenue 3/31/17 | $ 632,185 | $ 255,775 | $ 887,960 | |||
Change in deferred revenue | $ (13,449) | $ (4,691) | $ (18,140) | |||
Billings | $ 172,023 | $ 1,559 | $ 173,582 | |||
Three months ended September 30, 2017 | ||||||
As Previously Reported | Impact of Adoption | As Adjusted | ||||
Revenue | $ 189,603 | $ 7,763 | $ 197,366 | |||
Deferred revenue 9/30/17 | $ 630,813 | $ 244,524 | $ 875,337 | |||
Deferred revenue 6/30/17 | $ 618,736 | $ 251,084 | $ 869,820 | |||
Change in deferred revenue | $ 12,077 | $ (6,560) | $ 5,517 | |||
Billings | $ 201,680 | $ 1,203 | $ 202,883 | |||
Three months ended December 31, 2017 | ||||||
As Previously Reported | Impact of Adoption | As Adjusted | ||||
Revenue | $ 202,273 | $ 3,528 | $ 205,801 | |||
Deferred revenue 12/31/17 | $ 670,744 | $ 239,356 | $ 910,100 | |||
Deferred revenue 9/30/17 | $ 630,813 | $ 244,524 | $ 875,337 | |||
Change in deferred revenue | $ 39,931 | $ (5,168) | $ 34,763 | |||
Billings | $ 242,204 | $ (1,640) | $ 240,564 |