Logitech 2014 Annual Report Download - page 218

June 30, 2011
As Reported* Adjustments As Restated
ASSETS
Current assets:
Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 476,367 $ — $ 476,367
Accounts receivable, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 241,456 — 241,456
Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 317,548 3,044(1) 320,592
Other current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90,117 1,010(4) 91,127
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,125,488 4,054 1,129,542
Non-recurring assets:
Property, plant and equipment, net . . . . . . . . . . . . . . . . . . . . . . . 81,236 7,930(2) 89,166
Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 547,184 — 547,184
Other intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67,986 (1,046)(4) 66,940
Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71,183 (3,068)(4) 68,115
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,893,077 $ 7,870 $1,900,947
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 328,305 (975)(4) 327,330
Accrued and other current liabilities . . . . . . . . . . . . . . . . . . . . . 189,374 11,642(4) 201,016
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 517,679 10,667 528,346
Non-current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 189,059 11,850(4) 200,909
Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 706,738 $ 22,517 $ 729,255
Commitments and contingencies
Shareholders’ equity:
Registered shares, CHF 0.25 par value:
Issued and authorized shares—191,606 at
June 30, 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — —
Conditionally authorized shares—50,000 at
June 30, 2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 33,370 — 33,370
Additional paid-in capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,952 (3,472)(4) 3,480
Less: shares in treasury, at cost—12,236 at June 30, 2011. . . . . . . . (260,938) — (260,938)
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,484,562 3,344(1) 1,473,916
7,930(2)
(21,920)(4)
Accumulated other comprehensive loss . . . . . . . . . . . . . . . . . . . (77,607) (529) (78,136)
Total shareholders’ equity . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,186,339 (14,647) 1,171,692
Total liabilities and shareholders’ equity . . . . . . . . . . . . . . . $1,893,077 $ 7,870 $1,900,947
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