International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q2 FY97 |
|
December 31,
1996
(Unaudited) |
|
June 30,
1996 |
| Assets |
|
|
|
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
33,789 |
$ |
35,760 |
| Short-term investments |
|
18,000 |
|
18,000 |
| Trade accounts receivable, net |
|
123,346 |
|
126,341 |
| Inventories |
|
127,451 |
|
82,852 |
| Deferred income taxes |
|
10,516 |
|
9,801 |
| Prepaid expenses |
|
3,355 |
|
3,772 |
| Total current assets |
|
316,457 |
|
276,526 |
| Property, plant, and equipment, net |
|
363,704 |
|
327,978 |
| Other assets |
|
24,837 |
|
24,575 |
| Total assets |
$ |
704,998 |
$ |
629,079 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
18,691 |
$ |
13,302 |
| Long-term debt, due within one year |
|
14,250 |
|
10,268 |
| Accounts payable |
|
41,564 |
|
41,645 |
| Accrued salaries, wages, and commissions |
|
14,170 |
|
13,953 |
| Other accrued expenses |
|
19,236 |
|
19,286 |
| Total current liabilities |
|
107,911 |
|
98,454 |
| Long-term debt, less current maturities |
|
122,512 |
|
47,994 |
| Other long-term liabilities |
|
20,542 |
|
42,262 |
| Deferred income taxes |
|
23,674 |
|
19,156 |
| Stockholders' equity: |
|
|
|
|
| Common stock |
|
50,939 |
|
50,821 |
| Capital contributed in excess of par value |
|
250,720 |
|
249,388 |
| Retained earnings |
|
131,838 |
|
125,377 |
| Cumulative translation adjustments |
|
(3,138) |
|
(4,373) |
| Total stockholders' equity |
|
430,359 |
|
421,213 |
| Total liabilities and stockholders' equity |
$ |
704,998 |
$ |
629,079 |
Certain reclassifications have been make to previously reported amounts to conform with current year presentation.
|
|
