International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q3 FY96 |
|
March 31,
1996
(Unaudited) |
|
June 30,
1995 |
| Assets |
|
|
|
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
36,757 |
$ |
50,820 |
| Short-term investments |
|
21,680 |
|
3,000 |
| Trade accounts receivable, net |
|
118,436 |
|
94,095 |
| Inventories |
|
74,686 |
|
73,155 |
| Deferred income taxes |
|
7,209 |
|
10,630 |
| Prepaid expenses |
|
3,272 |
|
2,112 |
| Total current assets |
|
262,040 |
|
233,812 |
| Property, plant and equipment, net |
|
289,413 |
|
245,218 |
| Investments and long-term notes receivable |
|
2,289 |
|
2,362 |
| Other assets |
|
20,508 |
|
14,792 |
| Total assets |
$ |
574,250 |
$ |
496,184 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
12,377 |
$ |
17,250 |
| Long-term debt, due within one year |
|
9,771 |
|
7,985 |
| Accounts payable |
|
52,918 |
|
53,771 |
| Accrued salaries, wages and commissions |
|
10,541 |
|
11,517 |
| Other accrued expenses |
|
21,420 |
|
15,538 |
| Total current liabilities |
|
107,027 |
|
106,061 |
| Long-term debt, less current maturities |
|
46,862 |
|
23,881 |
| Deferred income |
|
2,546 |
|
675 |
| Other long-term liabilities |
|
12,777 |
|
10,311 |
| Deferred income taxes |
|
10,836 |
|
10,075 |
| Stockholders' equity: |
|
|
|
|
| Common stock (A) |
|
50,684 |
|
50,360 |
| Capital contributed in excess of par value (A) |
|
243,238 |
|
240,146 |
| Retained Earnings |
|
104,957 |
|
58,898 |
| Cumulative translation adjustments |
|
(4,677) |
|
(4,223) |
| Total stockholders' equity |
|
394,202 |
|
345,181 |
| Total liabilities and stockholders' equity |
$ |
574,250 |
$ |
496,184 |
(A) Reflects the two-for-one stock split declared on November 20, 1995.
Company Contact: Shelley Baumsten Wagers (310) 607-8848
|
|
