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Gigamon (Gigamon) Long-Term Capital Lease Obligation : $0.0 Mil (As of Sep. 2017)


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What is Gigamon Long-Term Capital Lease Obligation?

Gigamon's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.0 Mil.


Gigamon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gigamon's Long-Term Capital Lease Obligation 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.

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Gigamon Long-Term Capital Lease Obligation Chart

Gigamon Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Long-Term Capital Lease Obligation
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Gigamon Quarterly Data
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Gigamon  (NYSE:GIMO) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Gigamon Long-Term Capital Lease Obligation Related Terms

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Gigamon (Gigamon) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigamon Inc (NYSE:GIMO) » Definitions » Long-Term Capital Lease Obligation
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Gigamon Inc develops designs and sells solutions and products that deliver visibility of traffic across networks. It serves global enterprises, service providers and governments.
Executives
John H Kispert director
Dario Zamarian director 3300 OLCOTT STREET, SANTA CLARA CA 95054
Paul Hooper director, officer: Chief Executive Officer 3585 MONROE STREET, SANTA CLARA CA 95051
Paul J Milbury director
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Rex S Jackson officer: Chief Financial Officer C/O SYMYX TECHNOLOGIES, INC., 3100 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Helmut Wilke officer: Sr. VP Worldwide Sales 3585 MONROE STREET, SANTA CLARA CA 95051
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Highland Capital Partners Vii-b L P 10 percent owner 92 HAYDEN AVE, LEXINGTON MA 02421
Highland Capital Partners Vii-c Lp 10 percent owner 92 HAYDEN AVE, LEXINGTON MA 02421
Highland Capital Partners Vii Lp 10 percent owner 92 HAYDEN AVE, LEXINGTON MA 02421
Highland Entrepreneurs Fund Vii Limited Partnership 10 percent owner 92 HAYDEN AVENUE, LEXINGTON MA 02421
Highland Management Partners Vii, Llc 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Management Partners Vii Limited Partnership 10 percent owner ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142

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