Electronic Arts 2002 Annual Report Download - page 46

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ELECTRONIC ARTS AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
AS OF MARCH 31, 2002 2001
Assets
Current assets:
Cash, cash equivalents and short-term investments $796,936 $466,492
Marketable securities 6,869 10,022
Receivables, less allowances of $115,870 and $89,833, respectively 190,495 174,449
Inventories, net 23,780 15,686
Other current assets 134,463 152,078
Total current assets 1,152,543 818,727
Property and equipment, net 308,827 337,199
Long-term investments —8,400
Investment in affiliates 19,077 19,052
Goodwill and other intangibles, net 110,512 136,764
Other assets 108,415 58,776
$1,699,374 $1,378,918
Liabilities, Minority Interest and Stockholders’ Equity
Current liabilities:
Accounts payable $88,563 $73,061
Accrued and other liabilities 364,419 266,965
Total current liabilities 452,982 340,026
Minority interest in consolidated joint venture 3,098 4,545
Stockholders’ equity:
Preferred stock, $0.01 par value. Authorized 10,000,000 shares ——
Common stock
Class A common stock, $0.01 par value. Authorized
400,000,000 shares; issued and outstanding 138,429,269
and 134,714,464 shares, respectively 1,384 1,347
Class B common stock, $0.01 par value. Authorized
100,000,000 shares; issued and outstanding 6,233,413
and 6,250,000 shares, respectively 62 63
Paid-in capital 649,777 540,354
Retained earnings 606,795 505,286
Accumulated other comprehensive loss (14,724) (12,703)
Total stockholders’ equity 1,243,294 1,034,347
$1,699,374 $1,378,918
See accompanying Notes to Consolidated Financial Statements.
EA 2002 AR
42