International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q3 FY97 |
|
March 31,
1997
(Unaudited) |
|
June 30,
1996 |
| Assets |
|
|
|
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
32,282 |
$ |
35,760 |
| Short-term investments |
|
17,150 |
|
18,000 |
| Trade accounts receivable, net |
|
125,225 |
|
126,341 |
| Inventories |
|
123,293 |
|
82,852 |
| Deferred income taxes |
|
8,804 |
|
9,801 |
| Prepaid expenses |
|
4,520 |
|
3,772 |
| Total current assets |
|
311,274 |
|
276,526 |
| Property, plant, and equipment, net |
|
369,849 |
|
327,978 |
| Other assets |
|
27,178 |
|
24,575 |
| Total assets |
$ |
708,301 |
$ |
629,079 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
15,205 |
$ |
13,302 |
| Long-term debt, due within one year |
|
15,192 |
|
10,268 |
| Accounts payable |
|
36,800 |
|
41,645 |
| Accrued salaries, wages, and commissions |
|
10,831 |
|
13,953 |
| Other accrued expenses |
|
17,637 |
|
19,286 |
| Total current liabilities |
|
95,665 |
|
98,454 |
| Long-term debt, less current maturities |
|
135,311 |
|
47,994 |
| Other long-term liabilities |
|
17,847 |
|
42,262 |
| Deferred income taxes |
|
25,821 |
|
19,156 |
| Stockholders' equity: |
|
|
|
|
| Common stock |
|
51,045 |
|
50,821 |
| Capital contributed in excess of par value |
|
251,998 |
|
249,388 |
| Retained earnings |
|
135,712 |
|
125,377 |
| Cumulative translation adjustments |
|
(5,098) |
|
(4,373) |
| Total stockholders' equity |
|
433,657 |
|
421,213 |
| Total liabilities and stockholders' equity |
$ |
708,301 |
$ |
629,079 |
| Certain reclassifications have been made to previously reported amounts to conform with current year presentation. |
|
|
