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Premiere Global Services (Premiere Global Services) Gross Property, Plant and Equipment : $100.6 Mil (As of Sep. 2015)


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What is Premiere Global Services Gross Property, Plant and Equipment?

Premiere Global Services's quarterly gross PPE increased from Mar. 2015 ($101.4 Mil) to Jun. 2015 ($101.6 Mil) but then declined from Jun. 2015 ($101.6 Mil) to Sep. 2015 ($100.6 Mil).

Premiere Global Services's annual gross PPE increased from Dec. 2012 ($238.8 Mil) to Dec. 2013 ($263.2 Mil) and increased from Dec. 2013 ($263.2 Mil) to Dec. 2014 ($278.8 Mil).


Premiere Global Services Gross Property, Plant and Equipment Historical Data

The historical data trend for Premiere Global Services's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Premiere Global Services Gross Property, Plant and Equipment Chart

Premiere Global Services Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 193.38 212.22 238.77 263.18 278.76

Premiere Global Services Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.75 278.76 101.36 101.60 100.65

Premiere Global Services Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Premiere Global Services  (NYSE:PGI) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Premiere Global Services Gross Property, Plant and Equipment Related Terms

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Premiere Global Services (Premiere Global Services) Business Description

Traded in Other Exchanges
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Address
Premiere Global Services Inc was incorporated in Florida in 1991 and reincorporated in Georgia in 1995. The Company provides cloud-based solutions that deliver multi-point, real-time virtual collaboration using video, voice, mobile, web streaming and file sharing technologies. Its solutions are available via desktops, tablets and mobile devices, helping businesses worldwide be more productive, mobile and environmentally responsible. The Company has a global presence in 25 countries on five continents and an established base of over 45,000 enterprise customers. In 2011, the Company began transitioning its business toward a software-as-a-service, or SaaS, model. The Company offers three primary software solutions: iMeet is the Companys next-generation, online meeting solution that lets people meet and collaborate face-to-face online anywhere, anytime, from any device; GlobalMeet is the Companys integrated conference calling and web conferencing solution; and GlobalMeet Audio is the Companys enterprise-class audio conferencing solution. Its software solutions are accessible via a suite of desktop and mobile applications, including its apps for the iPhone, iPad, BlackBerry and Android phones. They are also accessible via all market-leading Internet browsers on the web and the mobile web, as well as through access points embedded in third-party software applications. The Company markets its solutions globally through a multi-channel sales approach that includes direct sales, channel resellers, strategic technology partners and marketing alliances and are also available for purchase online. The markets for the Companys solutions are highly competitive, rapidly evolving and subject to changing technology, shifting customer needs and introductions of new products and services. It competes for customers based on product offerings, price, customer service, quality of user experience, ease of use, reliability, global capabilities, scalability, value-added functionality, security and integration with multiple operating systems and devices. The Company is subject to various federal, state, local and international laws regulating the provision of its services. The Company currently has 28 patents issued and 68 applications pending in the United States and internationally.
Executives
W Steven Jones director CAMPUS BOX 3490, MCCOLL BLDG, UNC CHAPEL HILL, CHAPEL HILL NC 27599-3490
Raymond Pirtle director 500 CHURCH ST, STE 200, NASHVILLE TN 37219
John F Cassidy director
Boland T Jones director, officer: Chief Executive Officer C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
John Harris director
Jeffrey T Arnold director C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
William E Franklin officer: EVP & CFO 3399 PEACHTREE RD NE STE 700, ATLANTA GA 30326

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