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MSC.Software Corporation (formerly MacNeal-Schwendler Corporation) is a privately-held, engineering simulation solutions software company. The company was taken private by strategic private equity firm Symphony Technology Group (STG) and co-investor Elliott Management Corporation in 2009 for approximately $383 million. Founded in 1963, MSC.Software is headquartered in Santa Ana, California.
| Company Tags: | PE Backed |
| Year Founded: | 1963 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Santa Ana |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.mscsoftware.com |
| Subsidiaries: | MARC Analysis Research Corporation Mechanical Dynamics Inc. Network Analysis Inc. |
| Brands: | MD Nastran Desktop Adams MD Nastran SimXpert MSC FEA, AFEA & TFEA Dytran MSC Sinda Patran Marc & Mentat MD Adams SimDesigner MSC Fatigue Easy5 MSC Nastran MSC SimManager MSC Mvision and Enterprise Mvision |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Export All MSC.Software Corporation Financials To Excel
$99 Single Company AccessInstant Full Site-Wide Access| Income Statement | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Sales Revenue, Net - Services | View | View | View | $44,110,000 | $104,998,000 | $59,224,000 | $48,278,000 | $35,008,000 | $36,320,000 | $29,915,000 | |||||
| Revenue from Licenses | $125,626,000 | $150,342,000 | $129,746,000 | $114,227,000 | $89,077,000 | $102,889,000 | |||||||||
| Revenue from Computer Software or Software Services | View | View | View | $144,034,000 | $127,536,000 | $128,604,000 | |||||||||
| Revenue from Computer Hardware | $26,531,000 | $0 | $0 | ||||||||||||
| Other Operating Revenue | View | View | View | $107,493,000 | $139,749,000 | $118,925,000 | |||||||||
| Revenues | View | View | View | View | View | View | $295,640,000 | $267,290,000 | $244,550,000 | $233,600,000 | $236,100,000 | $178,020,000 | $149,240,000 | $125,400,000 | $132,800,000 |
| Cost of Services | $33,292,000 | $22,205,000 | $19,090,000 | ||||||||||||
| Software Costs | $17,691,000 | ||||||||||||||
| Computer Hardware Costs | $22,125,000 | $0 | $0 | ||||||||||||
| Maintenance Costs | View | View | View | $53,943,000 | $55,665,000 | $54,649,000 | $54,299,000 | $16,654,000 | $7,194,000 | ||||||
| License Costs | View | View | View | $16,701,000 | $16,654,000 | $13,541,000 | $26,193,000 | $22,648,000 | $19,171,000 | $29,601,000 | $24,372,000 | ||||
| Cost of Goods and Services Sold | View | View | View | $70,644,000 | $72,319,000 | $68,190,000 | $71,990,000 | $81,610,000 | $44,853,000 | $38,261,000 | $46,255,000 | $31,566,000 | |||
| Gross Profit | View | View | View | $224,993,000 | $194,966,000 | $176,361,000 | $161,612,000 | $154,487,000 | $133,171,000 | $110,974,000 | $79,142,000 | $101,238,000 | |||
| Selling and Marketing Expenses | View | View | View | $79,672,000 | |||||||||||
| General and Administrative Expenses | View | View | View | $68,084,000 | |||||||||||
| Selling, General and Administrative Expenses | $135,428,000 | $118,693,000 | $138,567,000 | $99,253,000 | $82,325,000 | $72,152,000 | $64,884,000 | $69,829,000 | |||||||
| Write Off Intangible Assets | $0 | $0 | $4,067,000 | $6,000,000 | $0 | ||||||||||
| Research and Development Expense (Excluding In - Process) | View | View | View | $47,256,000 | $42,115,000 | $40,733,000 | $42,879,000 | $22,068,000 | $16,656,000 | $19,511,000 | $13,666,000 | $10,178,000 | |||
| Amortization Goodwill | $7,111,000 | ||||||||||||||
| Amortization - Intangibles (Nonproductive) | View | View | View | $750,000 | $799,000 | $1,551,000 | $1,608,000 | ||||||||
| Total Amortization Intangible Assets and Goodwill | $10,878,000 | $11,049,000 | $2,268,000 | $2,268,000 | |||||||||||
| Restructuring Charges | View | View | View | $0 | $3,687,000 | $7,276,000 | $1,894,000 | $0 | $5,497,000 | $2,365,000 | $0 | ||||
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | |||||||||||||
| Asset Impairment Charges | View | View | View | $0 | $726,000 | ||||||||||
| Total Operating Expenses excluding costs | View | View | View | $195,762,000 | $179,068,000 | $164,664,000 | $190,330,000 | $134,093,000 | $110,030,000 | $108,338,000 | $89,183,000 | $82,275,000 | |||
| Operating Income/(Loss) | View | View | View | $29,231,000 | $15,898,000 | $11,697,000 | ($28,718,000) | $20,394,000 | $23,141,000 | $2,636,000 | ($10,041,000) | $18,963,000 | |||
| Interest Expense | View | View | View | $4,415,000 | $4,576,000 | $5,346,000 | $7,174,000 | $5,239,000 | $6,679,000 | $5,788,000 | $4,461,000 | $4,456,000 | |||
| Realized Gains/(Losses) on Sale of Investments | $10,773,000 | $0 | $0 | ||||||||||||
| Non-operating Income/(Expense) - Other | View | View | View | $902,000 | $3,704,000 | ($4,986,000) | ($505,000) | $1,704,000 | $106,000 | $1,414,000 | $1,327,000 | $474,000 | |||
| Non-operating Income/(Expense) | View | View | View | ($3,513,000) | ($872,000) | ($10,332,000) | ($7,679,000) | ($3,535,000) | ($6,573,000) | $6,399,000 | ($3,134,000) | ($3,982,000) | |||
| Income/(Loss) from Continuing Operations Before Income Taxes | View | View | View | $25,718,000 | $15,026,000 | $1,365,000 | ($36,397,000) | $9,035,000 | ($13,175,000) | $14,981,000 | |||||
| Income Loss Continuing Operations Before Income Taxes Effect Accounting Change | $16,859,000 | $16,568,000 | |||||||||||||
| Provision for Income Taxes | View | View | View | $13,817,000 | $5,454,000 | $5,155,000 | $1,761,000 | $6,588,000 | $5,435,000 | $3,938,000 | ($196,000) | $5,094,000 | |||
| Income/(Loss) Before Cumulative Effect of Change in Accounting Principle | ($36,418,000) | $10,271,000 | $11,133,000 | ||||||||||||
| Cumulative Effect of a Change in Accounting Principle, Net of Tax Effect | ($38,800,000) | $0 | $0 | ||||||||||||
| Income/(Loss) from Continuing Operations | View | View | View | $11,901,000 | $9,572,000 | ($3,790,000) | ($38,158,000) | ||||||||
| Income/(Loss) from Discontinued Operations | $1,027,000 | $1,307,000 | ($7,378,000) | $1,740,000 | |||||||||||
| Income/(Loss) from Discontinued Operations, Net of Tax Effect | View | View | View | ($83,000) | $1,307,000 | ($25,974,000) | $1,740,000 | ||||||||
| Income/(Loss) from Disposition of Discontinued Operations | ($1,110,000) | $0 | ($18,596,000) | $0 | |||||||||||
| Net Income (Loss) | View | View | View | $11,818,000 | $10,879,000 | ($29,764,000) | ($75,218,000) | $10,271,000 | $11,133,000 | $5,097,000 | ($12,979,000) | $9,887,000 |
| Balance Sheet | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
| Cash and Cash Equivalents | View | View | View | $99,478,000 | $35,772,000 | $42,045,000 | $29,387,000 | $86,056,000 | $28,806,000 | $21,735,000 | $10,822,000 |
| Current Available-for-Sale Securities | $16,481,000 | ||||||||||
| Short-Term Investments | View | View | View | $12,820,000 | $36,722,000 | $6,489,000 | $5,177,000 | $3,484,000 | $1,853,000 | $183,000 | |
| Net Accounts Receivable Trade | View | View | View | $73,141,000 | $69,461,000 | $75,233,000 | $63,369,000 | $82,276,000 | $45,950,000 | $37,995,000 | $39,674,000 |
| Net Income Taxes Receivable | View | View | View | ||||||||
| Current Deferred Income Taxes | View | View | View | $18,059,000 | $21,139,000 | $24,934,000 | $31,020,000 | $13,875,000 | $16,172,000 | $15,282,000 | $8,076,000 |
| Current Assets of Discontinued Operations | $5,803,000 | $9,099,000 | $0 | $35,040,000 | |||||||
| Current Other Assets | View | View | View | $8,815,000 | $10,503,000 | $15,756,000 | $15,830,000 | $12,309,000 | $9,683,000 | $6,393,000 | $7,866,000 |
| Current Assets | View | View | View | $218,116,000 | $182,696,000 | $164,457,000 | $179,823,000 | $198,000,000 | $102,464,000 | $81,588,000 | $82,919,000 |
| Net Property, Plant and Equipment | View | View | View | $16,271,000 | $24,025,000 | $32,493,000 | $36,706,000 | $31,209,000 | $15,040,000 | $8,585,000 | $8,895,000 |
| Goodwill | View | View | View | $180,491,000 | $180,491,000 | $185,803,000 | $185,376,000 | $151,732,000 | $34,376,000 | $36,746,000 | $10,756,000 |
| Finite-Lived - Computer Software | $25,952,000 | $23,704,000 | $20,117,000 | $21,034,000 | |||||||
| Intangible Assets - Other | View | View | View | $31,829,000 | $37,702,000 | $40,723,000 | $49,652,000 | $21,623,000 | $29,055,000 | $35,534,000 | $13,240,000 |
| Noncurrent Deferred Tax Assets | View | View | View | $7,917,000 | $13,892,000 | $10,441,000 | $7,015,000 | ||||
| Noncurrent Assets of Discontinued Operations | $6,385,000 | $6,818,000 | $0 | $18,038,000 | |||||||
| Noncurrent Other Assets | View | View | View | $14,579,000 | $19,433,000 | $21,448,000 | $11,618,000 | $5,139,000 | $4,015,000 | $4,650,000 | $3,773,000 |
| Assets | View | View | View | $475,588,000 | $465,057,000 | $455,365,000 | $488,228,000 | $433,655,000 | $208,654,000 | $187,220,000 | $140,617,000 |
| Accounts Payable | View | View | View | $12,097,000 | $8,471,000 | $10,703,000 | $11,416,000 | $22,289,000 | $5,575,000 | $4,692,000 | $4,405,000 |
| Accrued Salaries | $18,921,000 | ||||||||||
| Employee Related Liabilities | View | View | View | $15,982,000 | $17,879,000 | $13,947,000 | $12,767,000 | $10,043,000 | $9,534,000 | $8,317,000 | |
| Current Amounts Due To Officers/Stockholders | $0 | ||||||||||
| Current Deferred/(Unearned) Revenue | View | View | View | $94,625,000 | $116,238,000 | $120,028,000 | $113,781,000 | $48,578,000 | $38,671,000 | $34,013,000 | $20,903,000 |
| Income Taxes Payable | View | View | View | $9,145,000 | $681,000 | ||||||
| Current Line of Credit | $10,800,000 | ||||||||||
| Current Subordinated Debt | $3,236,000 | ||||||||||
| Current Portion of Long-Term Debt | View | View | View | $0 | $0 | $13,750,000 | |||||
| Current Notes Payable | $1,333,000 | $4,533,000 | $3,200,000 | $0 | |||||||
| Current Portion of Restructuring Reserve | View | View | View | $11,000 | $102,000 | $1,229,000 | $4,105,000 | $1,404,000 | $1,340,000 | $2,875,000 | $695,000 |
| Current Liabilities of Discontinued Operations | View | View | View | $2,866,000 | $4,870,000 | $3,000,000 | $23,052,000 | ||||
| Current Other Liabilities | View | View | View | $18,572,000 | $15,642,000 | $14,400,000 | $24,398,000 | $17,807,000 | $21,711,000 | $16,519,000 | $14,275,000 |
| Current Liabilities | View | View | View | $156,237,000 | $161,986,000 | $167,239,000 | $204,449,000 | $104,178,000 | $85,109,000 | $70,833,000 | $59,395,000 |
| Subordinated Debt - Long-Term | $9,185,000 | $8,874,000 | $11,804,000 | ||||||||
| Convertible Debt | $58,345,000 | $58,287,000 | $56,574,000 | ||||||||
| Long-Term Debt | View | View | View | $107,375,000 | $107,195,000 | $107,015,000 | $57,475,000 | ||||
| Notes Payable - Long-Term | $0 | $4,533,000 | $0 | ||||||||
| Noncurrent Notes Payable - Related Parties | $0 | ||||||||||
| Noncurrent Amounts Due To Officers/Stockholders | $24,178,000 | ||||||||||
| Deferred Tax Liability | $16,641,000 | $16,902,000 | $20,455,000 | $26,431,000 | $14,489,000 | $16,344,000 | $16,957,000 | $6,961,000 | |||
| Deferred/(Unearned) Revenue - Long-Term | View | View | View | $0 | |||||||
| Noncurrent Liabilities of Discontinued Operations | $1,393,000 | $1,385,000 | $0 | $9,344,000 | |||||||
| Noncurrent Other Liabilities | View | View | View | $12,254,000 | $12,574,000 | $12,583,000 | $11,572,000 | $4,653,000 | |||
| Liabilities | View | View | View | $293,900,000 | $300,042,000 | $307,292,000 | $309,271,000 | ||||
| Preferred Stock - Value (Excluding Additional Paid in Capital) | View | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | ||
| Common Stock - Value (Excluding Additional Paid in Capital) | View | View | View | $309,000 | $308,000 | $302,000 | $296,000 | $287,000 | $142,000 | $32,451,000 | $31,754,000 |
| Additional Paid in Capital | View | View | View | $300,793,000 | $291,834,000 | $286,236,000 | $284,389,000 | $270,071,000 | $39,484,000 | ||
| Warrants and Rights Outstanding | $4,428,000 | $556,000 | |||||||||
| Retained Earnings | View | View | View | ($110,755,000) | ($122,573,000) | ($133,452,000) | ($103,688,000) | $15,097,000 | $4,826,000 | ($6,307,000) | ($11,404,000) |
| Treasury Stock - Value | View | View | View | $277,000 | $277,000 | $277,000 | $277,000 | $277,000 | $277,000 | $340,000 | $0 |
| Additional Minimum Pension Liability, Net of Tax Effect | $272,000 | $0 | |||||||||
| Cumulative Translation Adjustment, Net of Tax Effect | View | View | View | ($15,863,000) | ($10,862,000) | ($9,464,000) | ($5,258,000) | ||||
| Unrealized Gain/(Loss) on Marketable Securities, Net of Tax Effect | View | View | View | $10,782,000 | $6,654,000 | $4,728,000 | $3,495,000 | ||||
| Other Accumulated Comprehensive Income, Net of Tax Effect | View | View | View | ($8,206,000) | ($4,193,000) | ($5,426,000) | ($3,219,000) | ||||
| Other Accumulated Comprehensive Income | View | View | View | ($5,353,000) | ($4,208,000) | ($4,736,000) | ($1,763,000) | ||||
| Deferred Compensation | $3,029,000 | $69,000 | |||||||||
| Stockholders' Equity | View | View | View | $181,688,000 | $165,015,000 | $148,073,000 | $178,957,000 | $276,972,000 | $39,982,000 | $24,806,000 | $17,687,000 |
| Liabilities and Stockholders' Equity | View | View | View | $475,588,000 | $465,057,000 | $455,365,000 | $488,228,000 | $433,655,000 | $208,654,000 | $187,220,000 | $140,617,000 |
| Cash Flow Statement | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
| Operating Activities Beginning Net Income | View | View | View | $11,818,000 | $10,879,000 | ($29,764,000) | ($75,218,000) | $10,271,000 | $11,133,000 | $5,097,000 | ($12,979,000) | $9,887,000 |
| Adjustment Amortization - Goodwill | $10,878,000 | $11,049,000 | $7,111,000 | $2,268,000 | $2,268,000 | |||||||
| Adjustment Amortization - Intangibles (Non-Productive) | View | View | View | $5,521,000 | $6,150,000 | $7,995,000 | $7,310,000 | $11,360,000 | $11,317,000 | $8,816,000 | $11,974,000 | $12,043,000 |
| Amortization | View | View | View | $913,000 | $912,000 | $1,003,000 | $680,000 | $678,000 | $364,000 | $244,000 | $69,000 | ($216,000) |
| Depreciation and Amortization | View | View | View | $7,687,000 | $10,769,000 | $15,062,000 | $12,418,000 | $6,816,000 | $4,368,000 | $4,672,000 | $6,026,000 | $5,751,000 |
| Total Adjustments to Provision for Doubtful Accounts | View | View | View | $498,000 | $991,000 | ($181,000) | ($23,000) | ($195,000) | $1,421,000 | $245,000 | $2,203,000 | |
| Restructuring Charges | View | View | View | $0 | ||||||||
| Asset Impairment Charges | View | View | View | $0 | $1,736,000 | $21,728,000 | $2,869,000 | $0 | $0 | $1,500,000 | $9,441,000 | $0 |
| Adjustments to Realized Gains/(Losses) on Sale of Investments | View | View | View | $0 | $10,733,000 | $0 | $0 | |||||
| Gain/(Loss) on Sale/Retirement of Property, Plant and Equipment | View | View | View | ($849,000) | ($699,000) | $12,000 | ($6,000) | ($60,000) | $115,000 | $68,000 | ||
| Adjustments to Gain/(Loss) on Sale of Business | ($1,110,000) | $0 | $0 | |||||||||
| Tax Benefit from Exercise of Stock Options | View | View | View | |||||||||
| Adjustment for Equity Based Compensation Expense | View | View | View | $4,540,000 | $3,283,000 | $2,097,000 | ||||||
| Total Adjustment Employee Compensation | $130,000 | $285,000 | $63,000 | $0 | $0 | |||||||
| Adjustment Write Off of Intangible Asset Excluding Goodwill | $338,000 | $0 | $0 | $0 | $4,067,000 | $6,000,000 | $0 | |||||
| Adjustment Write Off of Other | View | View | View | $0 | $0 | $2,287,000 | $3,831,000 | $0 | $0 | |||
| Adjustment Intangible Asset Excluding Goodwill | $669,000 | |||||||||||
| Adjustment Realized Gains Losses On Sale Asset | ($68,000) | $0 | ||||||||||
| Deferred Income Taxes | View | View | View | $6,274,000 | ($3,478,000) | ($1,902,000) | ($10,115,000) | $3,605,000 | ($2,182,000) | ($3,079,000) | ($8,337,000) | |
| Income/(Loss) from Discontinued Operations, Net of Tax Effect | View | View | View | $0 | ($13,086,000) | |||||||
| Adjustments to Cumulative Effect of a Change in Accounting Principle, Net of Tax Effect | ($38,800,000) | |||||||||||
| Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) | View | View | View | $30,000 | $0 | $56,000 | ($88,000) | |||||
| Noncash Expenses - Other | $1,029,000 | $0 | $0 | |||||||||
| Change Accounts Receivable | View | View | View | $4,178,000 | ($482,000) | $8,370,000 | ($17,493,000) | $25,431,000 | $9,376,000 | ($6,266,000) | $2,557,000 | $9,581,000 |
| Increase/(Decrease) in Other Current Assets | View | View | View | ($1,688,000) | ($5,644,000) | $1,413,000 | ($198,000) | $155,000 | $3,290,000 | ($3,444,000) | ($2,714,000) | $1,209,000 |
| Deferred Income Taxes | ($182,000) | |||||||||||
| Increase/(Decrease) in Other Non-operating Assets | View | View | View | ($4,122,000) | ($664,000) | ($2,214,000) | $1,154,000 | |||||
| Increase/(Decrease) in Accounts Payable | View | View | View | $3,626,000 | ($2,077,000) | ($905,000) | ($4,785,000) | $4,083,000 | $883,000 | ($967,000) | $771,000 | $307,000 |
| Increase/(Decrease) in Unearned Premiums | View | View | View | ($21,613,000) | ($4,140,000) | $6,153,000 | $20,111,000 | $9,907,000 | $4,658,000 | $7,773,000 | $10,211,000 | $272,000 |
| Increase/(Decrease) in Income Taxes Payable | $681,000 | ($701,000) | ||||||||||
| Increase/(Decrease) in Employee Related Liabilities | View | View | View | $3,083,000 | $595,000 | $3,921,000 | $5,944,000 | $1,776,000 | $509,000 | ($657,000) | $277,000 | ($149,000) |
| Increase/(Decrease) in Other Current Liabilities | View | View | View | $2,916,000 | $1,592,000 | ($9,314,000) | $12,054,000 | ($1,825,000) | $5,192,000 | ($906,000) | ($1,464,000) | ($718,000) |
| Change in Liabilities of Discontinued Operations | ($2,049,000) | ($6,486,000) | ||||||||||
| Change Income Taxes Receivable and Payables Net | View | View | View | $11,136,000 | ||||||||
| Increase/(Decrease) in Other Non-operating Liabilities | View | View | View | ($257,000) | ($1,719,000) | $1,944,000 | ($3,900,000) | ($260,000) | ($1,535,000) | ($725,000) | $695,000 | $0 |
| Net Other Increase/(Decrease) in Working Capital | View | View | View | $91,000 | ||||||||
| Net Cash Flows Provided By/(Used In) Operating Activities of Discontinued Operations | View | View | View | $1,380,000 | ||||||||
| Net Cash Flows Provided By/(Used In) Operating Activities | View | View | View | $40,135,000 | $31,922,000 | $23,878,000 | $22,735,000 | $32,810,000 | $34,580,000 | $32,228,000 | $27,197,000 | $18,769,000 |
| Purchase of Property, Plant and Equipment | View | View | View | $2,277,000 | $3,453,000 | $13,068,000 | $12,361,000 | $22,833,000 | $10,829,000 | $3,107,000 | $6,003,000 | $3,993,000 |
| Purchase of Available-for-Sale Securities | $0 | $6,517,000 | $16,814,000 | |||||||||
| Purchase of Held-to-Maturity Securities | $11,839,000 | |||||||||||
| Purchase of Investments | $7,500,000 | $28,000,000 | $0 | |||||||||
| Proceeds from Available-for-Sale Securities | $0 | $6,050,000 | $2,000,000 | |||||||||
| Proceeds from Divestiture of Interest in Consolidated Subsidiaries | View | View | View | $0 | ||||||||
| Other Disposal of Investments | View | View | View | $35,500,000 | $0 | $0 | ||||||
| Disposal of Investments | $0 | $2,512,000 | $28,347,000 | |||||||||
| Acquisition of Businesses, Net of Cash Acquired | View | View | View | $0 | $1,786,000 | $3,762,000 | $118,194,000 | $5,767,000 | $0 | $32,703,000 | $19,140,000 | $0 |
| Purchase Intangible Assets | $13,752,000 | $13,655,000 | $8,255,000 | |||||||||
| Software Development Costs | $11,600,000 | $12,545,000 | ||||||||||
| Purchase Software | $381,000 | $1,249,000 | $1,088,000 | $1,313,000 | $182,000 | |||||||
| Proceeds from Discontinued Operations | $0 | |||||||||||
| Total Increase Decrease Discontinued Operations | ($135,000) | ($268,000) | ($154,000) | |||||||||
| Proceeds from Sale of Other Assets | View | View | View | $915,000 | ||||||||
| Proceeds from Sale of Property, Plant and Equipment | $6,000 | $3,000 | $7,000 | |||||||||
| Net Other Investing Activities | $1,343,000 | $1,604,000 | $153,000 | $466,000 | ($22,000) | |||||||
| Net Cash Flows Provided By/(Used In) Investing Activities of Discontinued Operations | $432,000 | |||||||||||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | View | View | $27,070,000 | ($33,368,000) | ($28,934,000) | ($128,190,000) | ($44,076,000) | ($27,337,000) | ($16,959,000) | ($38,989,000) | ($31,512,000) |
| Proceeds from Subordinated Debt | $100,000,000 | |||||||||||
| Proceeds from Notes Payable | $120,000,000 | $0 | $0 | $8,000,000 | $0 | $0 | ||||||
| Repayments on Lines of Credit | $10,800,000 | |||||||||||
| Repayments on Notes Payable | View | View | View | $0 | $65,843,000 | $68,273,000 | $6,436,000 | $3,200,000 | $267,000 | $0 | $0 | |
| Net Change Line Credit | $0 | $0 | $10,800,000 | $0 | ||||||||
| Proceeds Convertible Debt | $0 | ($1,039,000) | $0 | |||||||||
| Reduction of Capital Lease Obligations | View | View | View | $588,000 | $126,000 | $253,000 | ||||||
| Repayment Convertible Debt | $0 | |||||||||||
| Excess Tax Benefit Stock Option Exercised | View | View | View | $0 | $0 | |||||||
| Debt Issuance Costs | $3,750,000 | $4,235,000 | $0 | $0 | ||||||||
| Proceeds from Issuance of Common Stock | $67,356,000 | $0 | $0 | $1,386,000 | $802,000 | |||||||
| Proceeds from Stock Options Exercised | View | View | View | $1,244,000 | $0 | $0 | $10,415,000 | $2,747,000 | $697,000 | |||
| Proceeds from Issuance of Warrants | $576,000 | $556,000 | $0 | |||||||||
| Repurchase of Common Stock | View | View | View | $0 | $0 | |||||||
| Purchase Common Stock | $340,000 | $2,226,000 | $0 | |||||||||
| Cash Provided by/(Used in) Financing Activities - Other | ($18,000) | $0 | $0 | |||||||||
| Net Change Discontinued Operations | ($642,000) | ($10,005,000) | ||||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities of Discontinued Operations | ($79,000) | |||||||||||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | View | View | $577,000 | ($768,000) | $20,149,000 | $47,492,000 | $70,296,000 | ($453,000) | ($2,152,000) | $10,516,000 | $802,000 |
| Effect of Exchange Rate on Cash and Cash Equivalents | View | View | View | ($4,076,000) | ($2,027,000) | ($3,679,000) | $3,577,000 | ($1,780,000) | $281,000 | ($2,204,000) | $1,252,000 | ($1,857,000) |
| Increase/(Decrease) in Cash and Cash Equivalents | View | View | View | $63,706,000 | ($4,241,000) | $11,414,000 | ($54,386,000) | $57,250,000 | $7,071,000 | $10,913,000 | ($24,000) | ($13,798,000) |
| Cash and cash equivalents at the beginning of the year | View | View | View | $35,772,000 | $40,013,000 | $28,599,000 | $83,773,000 | $28,806,000 | $21,735,000 | $10,822,000 | $10,846,000 | $24,644,000 |
| Total Cash and cash equivalents at the end of the year | View | View | View | $99,478,000 | $35,772,000 | $40,013,000 | $29,387,000 | $86,056,000 | $28,806,000 | $21,735,000 | $10,822,000 | $10,846,000 |
| Income Taxes Paid | View | View | View | $3,403,000 | $7,513,000 | $9,345,000 | $4,485,000 | $2,202,000 | $675,000 | $4,884,000 | ($161,000) | $5,813,000 |
| Cash Interest Expense | View | View | View | $3,540,000 | $5,194,000 | $5,149,000 | $3,330,000 | $3,692,000 | $6,393,000 | $5,021,000 | $4,461,000 | $4,456,000 |
| Conversion of Debt Securities | View | View | View | $0 | $0 | |||||||
| Supplemental Property Plant Equipment Acquired | View | View | View | $543,000 | $1,003,000 | |||||||
| Fair Value of Assets Acquired | View | View | View | $3,911,000 | $145,122,000 | $138,053,000 | $0 | $71,449,000 | $22,218,000 | $0 | ||
| Stock Issued | $0 | $0 | ($91,622,000) | $0 | ($3,296,000) | ($1,542,000) | $0 | |||||
| Liabilities Assumed | View | View | View | ($149,000) | ($26,363,000) | ($21,075,000) | $0 | ($35,450,000) | ($1,536,000) | $0 | ||
| Supplemental Other Net | ($3,000,000) | ($19,589,000) | $0 | $0 |
| Financial Notes: | |
| * | MSC.Software Corporation fiscal year end: 12/31 |
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$99 Single Company AccessInstant Full Site-Wide AccessMSC.Software Corporation Sales Revenue, Net - Services ($ MM): |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | May. 1999 | Completed | MARC Analysis Research Corporation1 | MSC.Software Corporation | Acquisition | $36,000,000 |
| Details | Mar. 2002 | Completed | Mechanical Dynamics Inc. | MSC.Software Corporation | Acquisition | $120,000,000 |
| Details | Jan. 2008 | Completed | View2 | View | Acquisition | View |
| Details | Oct. 2009 | Completed | View | View | Acquisition | View |
| Details | Sep. 2012 | Completed | View | View | Acquisition Add-On | View |
| 1 | The MacNeal-Schwendler Corporation (now MSC.Software) purchased MARC Analysis Research Corporation for $20 million in cash and $16 million in notes and warrants. While MacNeal-Schwendler's software traditionally analyzes metal product designs, the acquisition positions the company to expand into rubbers, plastics, and other compressible materials. - Details → |
| 2 | On January 3, 2008, the...Read More → |
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$99 Single Company AccessInstant Full Site-Wide AccessBusiness
MSC.Software is a leader in the development, marketing and support of simulation software and related services. For 46 years, MSC.Software simulation technologies have allowed manufacturing companies around the world to validate how designs behave in their intended environment. Engineers use MSC.Software simulation software to construct computer models of products, components, systems and assemblies and to simulate performance conditions and to predict physical responses to certain variables such as stress, motion and temperature. These capabilities can allow our customers to optimize product designs, improve product quality and reliability, comply with regulatory and safety guidelines, reduce product development costs and shorten the timeline in bringing new products to market. MSC.Software's goal is to provide customers with leading edge simulation technologies that will integrate design and engineering processes across the enterprise to enable innovative product design and… Continue Reading →
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