3Ware 2000 Annual Report Download - page 15

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13 2000
AMCC
SELECTED CONSOLIDATED FINANCIAL DATA
CONDENSED CONSOLIDATED BALANCE SHEETS
March 31,
(in thousands) 1996 1997 1998 1999 2000
Assets
Current assets:
Cash, cash equivalents and short-term investments $ 8,818 $13,597 $ 67,896 $ 86,540 $ 954,551
Accounts receivable, net 9,476 8,418 12,179 19,275 25,459
Inventories 6,836 7,530 8,185 9,813 10,925
Other current assets 724 698 6,266 9,392 14,469
Total current assets 25,854 30,243 94,526 125,020 1,005,404
Property and equipment, net 11,929 10,768 17,218 23,128 37,842
Other assets 53 803 1,090 2,507 3,636
Total assets $37,836 $41,814 $112,834 $150,655 $1,046,882
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $ 3,981 $ 2,428 $ 5,215 $ 5,131 $ 8,818
Other current liabilities 4,252 5,789 9,274 13,335 16,842
Current portion of long-term debt and capital lease obligations 3,644 2,662 2,620 2,937 2,123
Total current liabilities 11,877 10,879 17,109 21,403 27,783
Long-term debt and capital lease obligations, less current portion 4,447 3,192 4,091 7,558 5,294
Stockholders’ equity 21,512 27,743 91,634 121,694 1,013,805
Total liabilities and stockholders’ equity $37,836 $41,814 $112,834 $150,655 $1,046,882
OTHER FINANCIAL INFORMATION
March 31,
(in thousands, except employee data) 1996 1997 1998 1999 2000
Working capital $13,977 $19,364 $ 77,417 $103,617 $ 977,621
Total long-term debt and capital lease obligations $ 8,091 $ 5,854 $ 6,711 $ 10,495 $ 7,417
Total long-term debt and capital lease obligations to equity ratio 38% 21% 7% 9% 1%
Additions to property, plant and equipment $ 2,627 $ 4,055 $ 11,624 $ 16,490 $ 22,753
% of revenues 5% 7% 15% 16% 13%
Depreciation and amortization $ 5,311 $ 5,185 $ 5,174 $ 7,045 $ 8,039
% of revenues 11% 9% 7% 7% 5%
Number of employees at end of year 251 256 320 361 477