Plantronics 2015 Annual Report Download - page 53

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PLANTRONICS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
March 31,
2015 2014
ASSETS
Current assets:
Cash and cash equivalents $ 276,850 $ 232,704
Short-term investments 97,859 102,717
Accounts receivable, net 136,581 138,301
Inventory, net 56,676 57,132
Deferred tax assets 6,564 11,776
Other current assets 28,124 13,657
Total current assets 602,654 556,287
Long-term investments 107,590 100,342
Property, plant, and equipment, net 139,413 134,402
Goodwill and purchased intangibles, net 16,077 16,165
Other assets 10,308 4,619
Total assets $ 876,042 $ 811,815
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 32,781 $ 30,756
Accrued liabilities 62,041 66,851
Total current liabilities 94,822 97,607
Long-term income taxes payable 12,984 12,719
Revolving line of credit 34,500 —
Other long-term liabilities 6,339 2,825
Total liabilities 148,645 113,151
Commitments and contingencies (Note 8)
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, 46,050 shares and 44,731
shares issued at 2015 and 2014, respectively 783 770
Additional paid-in capital 717,848 663,483
Accumulated other comprehensive income 10,120 2,638
Retained earnings 209,960 123,389
Total stockholders' equity before treasury stock 938,711 790,280
Less: Treasury stock (common: 4,449 shares and 2,082 shares at 2015 and 2014, respectively)
at cost (211,314)(91,616)
Total stockholders' equity 727,397 698,664
Total liabilities and stockholders' equity $ 876,042 $ 811,815
The accompanying notes are an integral part of these consolidated financial statements.
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