International Rectifier Corporation and Subsidiaries
Consolidated Balance Sheet
(In thousands) |
| Q3 FY98 |
|
March 31,
1998
(Unaudited) |
|
June 30,
1997 |
| Assets |
|
|
|
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ |
39,267 |
$ |
36,564 |
| Short-term investments |
|
15,500 |
|
16,850 |
| Trade accounts receivable, net |
|
129,915 |
|
125,481 |
| Inventories |
|
126,836 |
|
115,754 |
| Deferred income taxes |
|
15,356 |
|
18,800 |
| Prepaid expenses |
|
5,062 |
|
3,032 |
| Total current assets |
|
331,936 |
|
316,481 |
| Property, plant, and equipment, net |
|
372,630 |
|
333,559 |
| Other assets |
|
29,828 |
|
29,713 |
| Total assets |
$ |
734,394 |
$ |
679,753 |
| Liabilities and Stockholders' Equity |
|
|
|
|
| Current liabilities: |
|
|
|
|
| Bank loans |
$ |
23,205 |
$ |
12,710 |
| Long-term debt, due within one year |
|
19,190 |
|
19,110 |
| Accounts payable |
|
48,013 |
|
40,332 |
| Accrued salaries, wages, and commissions |
|
14,929 |
|
14,517 |
| Other accrued expenses |
|
25,530 |
|
26,596 |
| Total current liabilities |
|
130,867 |
|
113,265 |
| Long-term debt, less current maturities |
|
154,010 |
|
143,164 |
| Other long-term liabilities |
|
28,257 |
|
28,982 |
| Deferred income taxes |
|
22,562 |
|
12,627 |
| Stockholders' equity: |
|
|
|
|
| Common stock |
|
51,331 |
|
51,052 |
| Capital contributed in excess of par value |
|
254,802 |
|
252,199 |
| Retained earnings |
|
98,249 |
|
82,171 |
| Cumulative translation adjustments |
|
(5,684) |
|
(3,707) |
| Total stockholders' equity |
|
398,698 |
|
381,715 |
| Total liabilities and stockholders' equity |
$ |
734,394 |
$ |
679,753 |
|
|
