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Table of Contents
87
As of
ADJUSTMENTS
(1)
April 30
July 31
October 31
January 31
(In thousands)
Fiscal year 2012:
Current assets:
Cash and cash equivalents
$
(155,239
)
$
(113,581
)
$
(102,771
)
$
(18,916
)
Accounts receivable
(52,895
)
(83,501
)
(64,432
)
(92,602
)
Inventories
168,261
207,056
137,447
129,313
Prepaid expenses and other assets
(4,440
)
(5,325
)
(6,601
)
(5,197
)
Total current assets
(44,313
)
4,649
(36,357
)
12,598
Property and equipment, net
90
88
86
286
Other assets, net
(2,325
)
(2,229
)
(2,140
)
(2,034
)
Total assets
$
(46,548
)
$
2,508
$
(38,411
)
$
10,850
Current liabilities:
Accounts payable
$
(31,643
)
$
19,969
$
(16,065
)
$
48,802
Accrued expenses and other liabilities
(11,116
)
(8,957
)
(11,961
)
(17,445
)
Revolving credit loans and current maturities of long-term debt, net
0
0
0
0
Total current liabilities
(42,759
)
11,012
(28,026
)
31,357
Long-term debt, less current maturities
0
0
0
0
Other long-term liabilities
(1,521
)
(1,519
)
(55
)
(488
)
Total liabilities
(44,280
)
9,493
(28,081
)
30,869
Shareholders’ equity:
Common stock
0
0
0
0
Additional paid-in capital
1,701
2,030
2,408
3,261
Treasury stock, at cost
0
0
0
0
Retained earnings
(4,153
)
(8,914
)
(12,571
)
(22,664
)
Accumulated other comprehensive income
184
(101
)
(167
)
(616
)
Equity attributable to shareholders of Tech Data Corporation
(2,268
)
(6,985
)
(10,330
)
(20,019
)
Noncontrolling interest
0
0
0
0
Total equity
(2,268
)
(6,985
)
(10,330
)
(20,019
)
Total liabilities and equity
$
(46,548
)
$
2,508
$
(38,411
)
$
10,850
(1) The adjustments are to correct errors previously discussed in Note 2 -
Restatement of Consolidated Financial Statements.