LeapFrog 2007 Annual Report Download - page 89
Download and view the complete annual report
Please find page 89 of the 2007 LeapFrog 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
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
 |
 |
LEAPFROG ENTERPRISES, INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except per share and percent data)
Available-for-sale securities consisted of the following classified by original maturity date:
In thousands Maturing within
At December 31, 2007 1YR 2YR 5YR
5to10
YR
Over 10
YR Total
Auction rate certificates .... $ — $— $— $ — $10,925 $10,925
Total short-term
investments ........
At December 31, 2006 1YR 2YR 5YR
5to10
YR
Over 10
YR Total
Auction rate certificates .... $ — $— $— $8,499 $52,300 $60,799
Commercial Paper ......... 19,985 — — — — 19,985
Total short-term
investments ........ $19,985 $— $— $8,499 $52,300 $80,784
5. Inventories
Inventories consisted of the following:
December 31,
In thousands 2007 2006
Raw materials ................................................ $ 2,358 $ 5,449
Work in process ............................................... 4,663 8,093
Finished goods ................................................ 45,394 59,478
Inventories ............................................... $52,415 $73,020
During 2007, we recorded net sales of $12,000 on $8,173 of inventory written down in 2006. We also
established new write-downs of $12,770, of which approximately $7,147 related to inventory on hand at
December 31, 2006.
At December 31, 2007 and 2006, LeapFrog accrued liabilities for cancelled purchase orders totaling $1,426
and $2,451, respectively.
F-17