Plantronics 2013 Annual Report Download - page 57
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47
PLANTRONICS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
March 31,
2013 2012
ASSETS
Current assets:
Cash and cash equivalents $ 228,776 $ 209,335
Short-term investments 116,581 125,177
Accounts receivable, net 128,209 111,771
Inventory, net 67,435 53,713
Deferred tax assets 10,120 11,090
Other current assets 15,369 13,088
Total current assets 566,490 524,174
Long-term investments 80,261 55,347
Property, plant and equipment, net 99,111 76,159
Goodwill and purchased intangibles, net 16,440 14,388
Other assets 2,303 2,402
Total assets $ 764,605 $ 672,470
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 37,067 $ 34,126
Accrued liabilities 66,419 52,067
Total current liabilities 103,486 86,193
Deferred tax liabilities 1,742 8,673
Long-term income taxes payable 12,005 12,150
Revolving line of credit — 37,000
Other long-term liabilities 925 1,210
Total liabilities 118,158 145,226
Commitments and contingencies (Note 9)
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, 43,296 shares and 47,160
shares issued at 2013 and 2012, respectively 757 741
Additional paid-in capital 612,283 557,218
Accumulated other comprehensive income 5,567 6,357
Retained earnings 28,344 115,358
Total stockholders' equity before treasury stock 646,951 679,674
Less: Treasury stock (common: 13 shares and 4,648 shares at 2013 and 2012, respectively) at
cost (504)(152,430)
Total stockholders' equity 646,447 527,244
Total liabilities and stockholders' equity $ 764,605 $ 672,470
The accompanying notes are an integral part of these consolidated financial statements.
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