What does technology platform group — restructuring charges mean?

Costs associated with reorganizing the Technology Platform Group to improve efficiency.

How do you interpret technology platform group — restructuring charges?

High charges indicate significant organizational change; while painful, they often signal management's intent to improve future margins.

How does technology platform group — restructuring charges compare across companies?

Standard line item for companies undergoing strategic pivots or cost-optimization programs.

PTC PTC Technology Platform Group — Restructuring Charges

Discontinued — last reported Q3 '16

Similar metrics at other companies

MODPerformance Technologies — Restructuring Charges

$2.2M-67.6%

ITTControl Technologies — Restructuring Charges

$350K-73.6%

TTMIPrinted Circuit Board — Restructuring Charges

$1.24M-68.3%

GTLSCorporate — Restructuring Charges

$1.42M+4,982%

PNRTechnical Solutions — Restructuring Charges

$1.3M-87.1%

FTISurface Technologies — Restructuring and other charges

$800K-63.6%

Other financials

Income statement

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Revenue$774.3M+21.7%

Gross profit$660.7M+24.6%

Operating income$295.8M+32.4%

Net income$590.7M+263%

EPS (diluted)$4.98+269%

Balance sheet

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Cash & equivalents$439.1M+86.7%

Total debt$1.4B-11.9%

Total equity$3.9B+14.0%

Total assets$6.5B+6.1%

Cash flow

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Operating cash flow$320.9M+14.1%

CapEx$2.7M-4.9%

Free cash flow$318.2M+14.3%

Valuation

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Market cap$13.25B-9.1%

Enterprise value$14.2B-10.4%

P/E10.6×-22.5×

P/S4.4×-1.8×

Profitability

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Gross margin84.7%+3.6pp

Operating margin38.7%+11.9pp

Net margin41.6%+22.8pp

Returns & leverage

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Return on equity34.4%+20.5pp

Debt / equity0.4×-0.1×

Current ratio1.2×+0.2×

Where this comes from

Reported directly by PTC in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: PTC’s 10-Q, filed August 11, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does technology platform group — restructuring charges mean?: Costs associated with reorganizing the Technology Platform Group to improve efficiency.
How do you interpret technology platform group — restructuring charges?: High charges indicate significant organizational change; while painful, they often signal management's intent to improve future margins.
How does technology platform group — restructuring charges compare across companies?: Standard line item for companies undergoing strategic pivots or cost-optimization programs.