Plantronics 2011 Annual Report Download - page 56

Download and view the complete annual report

Please find page 56 of the 2011 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.

Page out of 103

  • 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

PLANTRONICS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
ASSETS
Current assets:
Cash and cash equivalents
Short-term investments
Accounts receivable, net
Inventory, net
Deferred income taxes
Other current assets
Assets held for sale
Total current assets
Long-term investments
Property, plant and equipment, net
Intangibles, net
Goodwill
Other assets
Total assets
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
Accrued liabilities
Total current liabilities
Deferred tax liability
Long-term income taxes payable
Other long-term liabilities
Total liabilities
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, 50,043 shares and 51,449
shares issued at 2011 and 2010, respectively
Additional paid-in capital
Accumulated other comprehensive income
Retained earnings
Total stockholders' equity before treasury stock
Less: Treasury stock (common: 1,728 and 2,579 shares at 2011 and 2010, respectively) at cost
Total stockholders' equity
Total liabilities and stockholders' equity
March 31,
2011
$ 284,375
145,581
103,289
56,473
11,349
16,653
—
617,720
39,332
70,622
856
14,005
2,112
$ 744,647
$ 33,995
59,607
93,602
3,526
11,524
1,143
109,795
—
720
499,027
1,473
192,468
693,688
(58,836)
634,852
$ 744,647
2010
$ 349,961
19,231
88,328
70,518
10,911
21,782
8,861
569,592
—
65,700
3,449
14,005
2,605
$ 655,351
$ 23,779
45,837
69,616
551
12,926
924
84,017
—
695
428,407
6,272
195,293
630,667
(59,333)
571,334
$ 655,351
The accompanying notes are an integral part of these consolidated financial statements.
Table of Contents
47