International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q2 FY96 |
|
December 31,
1995
(Unaudited) |
|
June 30,
1995 |
| Assets |
|
|
|
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
36,933 |
$ |
50,820 |
| Short-term investments |
|
18,076 |
|
3,000 |
| Trade accounts receivable, net |
|
104,498 |
|
94,095 |
| Inventories |
|
76,947 |
|
73,155 |
| Deferred income taxes |
|
6,065 |
|
10,630 |
| Prepaid expenses |
|
4,076 |
|
2,112 |
| Total current assets |
|
246,595 |
|
233,812 |
| Property, plant and equipment, net |
|
271,589 |
|
245,218 |
| Investments and long-term notes receivable |
|
2,362 |
|
2,362 |
| Other assets |
|
16,224 |
|
14,792 |
| Total assets |
$ |
536,770 |
$ |
496,184 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
13,932 |
$ |
17,250 |
| Long-term debt, due within one year |
|
9,501 |
|
7,985 |
| Accounts payable |
|
44,184 |
|
53,771 |
| Accrued salaries, wages and commissions |
|
9,985 |
|
11,517 |
| Other accrued expenses |
|
14,367 |
|
15,538 |
| Total current liabilities |
|
91,969 |
|
106,061 |
| Long-term debt, less current maturities |
|
50,571 |
|
23,881 |
| Deferred income |
|
389 |
|
675 |
| Other long-term liabilities |
|
9,059 |
|
10,311 |
| Deferred income taxes |
|
10,544 |
|
10,075 |
| Stockholders' equity: |
|
|
|
|
| Common stock (A) |
|
50,477 |
|
50,360 |
| Capital contributed in excess of par value (A) |
|
241,115 |
|
240,146 |
| Retained Earnings |
|
86,946 |
|
58,898 |
| Cumulative translation adjustments |
|
(4,300) |
|
(4,223) |
| Total stockholders' equity |
|
374,238 |
|
345,181 |
| Total liabilities and stockholders' equity |
$ |
536,770 |
$ |
496,184 |
(A) Reflects the two-for-one stock split declared on November 20, 1995.
Company Contact: Shelley Baumsten Wagers (310) 607-8848
|
|
