Plantronics 2000 Annual Report Download - page 22

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CO N SO LIDATED balance sheets
MARCH 31 ,
(IN TH OUSANDS) 1 9 9 9 2000
ASSETS
Current assets:
Cash and cash equivalents $ 42,999 $ 40,271
Marketable securities –– 5,038
Accounts receivable, net 46,807 48,481
Inventory 18,889 33,752
Deferred income taxes 3,159 6,721
Other current assets 7,880 1,603
Total current assets 119,734 135,866
Property, plant and equipment, net 20,323 23,577
Other assets 2,811 10,587
Total assets $142,868 $170,030
LIABILI TIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 9,453 $ 11,447
Accrued liabilities 33,475 34,330
Income taxes payable 510 11,783
Total current liabilities 43,438 57,560
Deferred tax liability 10,025 7,094
Total liabilities 53,463 64,654
Commitments and contingencies (note 8)
Stockholders’equity:
Common stock, $0.01 par value per share; 40,000 and 100,000 shares
authorized, 16,798 shares and 16,299 shares issued and outstanding 185 192
Additional paid in capital 91,423 114,739
Accumulated other comprehensive income (891) (891)
Retained earnings 69,559 134,076
160,276 248,116
Less:Treasury stock (common: 1,669 and 2,895) at cost (70,871) (142,740)
Total stockholders’equity 89,405 105,376
Total liabilities and stockholders’equity $142,868 $170,030
THE ACCOMPANYING NOTES ARE AN IN TEGRAL PART OF THESE CONSOLIDATED FINANCIAL STATEMENTS.
page 20 PLANTRONI CS ANN UAL REPORT 200 0