Plantronics 2010 Annual Report Download - page 59
Download and view the complete annual report
Please find page 59 of the 2010 Plantronics annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
 |
 |
51
PLANTRONICS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
2009 2010
ASSETS
Current assets:
Cash and cash equivalents $ 158,193 $ 349,961
Short-term investments 59,987 19,231
Accounts receivable, net 83,657 88,328
Inventory, net 119,296 70,518
Deferred income taxes 12,486 10,911
Other current assets 29,936 21,782
Assets held for sale - 8,861
Total current assets 463,555 569,592
Long-term investments 23,718 -
Property, plant and equipment, net 95,719 65,700
Intangibles, net 26,575 3,449
Goodwill 14,005 14,005
Other assets 9,548 2,605
Total assets $633,120 $655,351
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 32,827 $ 23,779
Accrued liabilities 53,143 45,837
Total current liabilities 85,970 69,616
Deferred tax liability 8,085 551
Long-term income taxes payable 12,677 12,926
Other long-term liabilities 1,021 924
Total liabilities 107,753 84,017
Commitments and contingencies (Note 11)
Stockholders' equity:
Preferred stock, $0.01 par value per share; 1,000 shares authorized, no
shares outstanding - -
Common stock, $0.01 par value per share; 100,000 shares authorized,
51,820 shares and 51,449 shares issued at 2009 and 2010, respectively 678 695
Additional paid-in capital 386,224 428,407
Accumulated other comprehensive income 8,855 6,272
Retained earnings 203,936 195,293
599,693 630,667
Less: Treasury stock (common: 2,928 and 2,579 shares at 2009 and 2010,
respectively) at cost (74,326) (59,333)
Total stockholders' equity 525,367 571,334
Total liabilities and stockholders' equity $633,120 $655,351
March 31,
The accompanying notes are an integral part of these consolidated financial statements.