Plantronics 1998 Annual Report Download - page 30

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P.22
ANNUAL REPORT . 199 8
PLANTRONICS
Report OF INDEPENDENT ACCOUNTANTS
To the Board of Directors and Stockholders of Plantronics, Inc.
In our opinion, the accompanying consolidated balance sheets and the related statements of operations, of cash flows
and of stockholders’ equity present fairly, in all material respects, the financial position of Plantronics, Inc. and its
subsidiaries at March 31, 1997 and 1998 and the results of their operations and their cash flows for each of the three
years in the period ended March 31, 1998, in conformity with generally accepted accounting principles. These financial
statements are the responsibility of the Company’s management; our responsibility is to express an opinion on these
financial statements based on our audits. We conducted our audits of these statements in accordance with generally
accepted auditing standards which require that we plan and perform the audit to obtain reasonable assurance about
whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence
supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and
significant estimates made by management, and evaluating the overall financial statement presentation. We believe
that our audits provide a reasonable basis for the opinion expressed above.
Price Waterhouse LLP
San Jose, California
April 17, 1998