TAKE-TWO INTERACTIVE SOFTWARE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except per share amounts)
June 30, 2024 March 31, 2024
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 1,081.1 $ 754.0
Short-term investments 15.4 22.0
Restricted cash and cash equivalents 306.1 252.1
Accounts receivable, net of allowances of $1.2 and $1.2 at June 30, 2024 and March 31, 2024,
respectively 594.2 679.7
Software development costs and licenses 62.7 88.3
Contract assets 80.7 85.0
Prepaid expenses and other 418.8 378.6
Total current assets 2,559.0 2,259.7
Fixed assets, net 422.0 411.1
Right-of-use assets 344.0 325.7
Software development costs and licenses, net of current portion 1,606.0 1,446.5
Goodwill 4,706.8 4,426.4
Other intangibles, net 3,005.9 3,060.6
Long-term restricted cash and cash equivalents 84.7 95.9
Other assets 216.2 191.0
Total assets $ 12,944.6 $ 12,216.9
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 170.3 $ 195.9
Accrued expenses and other current liabilities 1,067.7 1,062.6
Deferred revenue 945.3 1,059.5
Lease liabilities 64.1 63.8
Short-term debt, net 598.9 24.6
Total current liabilities 2,846.3 2,406.4
Long-term debt, net 3,054.4
3,058.3
Non-current deferred revenue 38.2 42.9
Non-current lease liabilities 404.9 387.3
Non-current software development royalties 90.0 102.1
Deferred tax liabilities, net 311.1 340.9
Other long-term liabilities 208.2 211.1
Total liabilities $ 6,953.1 $ 6,549.0
Stockholders' equity:
Preferred stock, $0.01 par value, 5.0 shares authorized; no shares issued and outstanding at June 30,
2024 and March 31, 2024 — —
Common stock, $0.01 par value, 300.0 and 300.0 shares authorized; 198.8 and 194.5 shares issued and
175.2 and 170.8 outstanding at June 30, 2024 and March 31, 2024, respectively 2.0 1.9
Additional paid-in capital 9,962.5 9,371.6
Treasury stock, at cost; 23.7 and 23.7 common shares at June 30, 2024 and March 31, 2024,
respectively (1,020.6) (1,020.6)
Accumulated deficit (2,841.9) (2,579.9)
Accumulated other comprehensive loss (110.5) (105.1)
Total stockholders' equity $ 5,991.5 $ 5,667.9
Total liabilities and stockholders' equity $ 12,944.6 $ 12,216.9