International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q1 FY97 |
|
September 30,
1996
(Unaudited) |
|
June 30,
1996 |
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
32,463 |
$ |
35,760 |
| Short-term investments |
|
20,000 |
|
18,000 |
| Trade accounts receivable, net |
|
125,648 |
|
126,341 |
| Inventories |
|
113,504 |
|
82,852 |
| Deferred income taxes |
|
10,409 |
|
9,801 |
| Prepaid expenses |
|
3,759 |
|
3,772 |
| Total current assets |
|
305,783 |
|
276,526 |
| Property, plant and equipment, net |
|
346,258 |
|
327,978 |
| Other assets |
|
23,986 |
|
24,575 |
| Total assets |
$ |
676,027 |
$ |
629,079 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
19,589 |
$ |
13,302 |
| Long-term debt, due within one year |
|
10,992 |
|
10,268 |
| Accounts payable |
|
43,338 |
|
54,908 |
| Accrued salaries, wages and commissions |
|
12,151 |
|
13,953 |
| Other accrued expenses |
|
20,093 |
|
19,286 |
| Total current liabilities |
|
106,163 |
|
111,717 |
| Long-term debt, less current maturities |
|
93,992 |
|
47,994 |
| Other long-term liabilities |
|
29,944 |
|
28,999 |
| Deferred income taxes |
|
19,931 |
|
19,156 |
| Stockholders' equity: |
|
|
|
|
| Common stock (A) |
|
50,934 |
|
50,821 |
| Capital contributed in excess of par value (A) |
|
250,692 |
|
249,388 |
| Retained Earnings |
|
128,434 |
|
125,377 |
| Cumulative translation adjustments |
|
(4,063) |
|
(4,373) |
| Total stockholders' equity |
|
425,997 |
|
421,213 |
| Total liabilities and stockholders' equity |
$ |
676,027 |
$ |
629,079 |
(A) Reflects the two-for-one stock split declared on November 20, 1995.
Certain reclassifications have been make to previously reported amounts to conform with current year presentation.
Company Contact: Shelley Wagers (310) 726-8512
|
|
