Sunbeam 2005 Annual Report Download - page 40

Jarden Corporation
Consolidated Balance Sheets
(in thousands, except per share amounts)
As of December 31,
2005 2004
Assets
Current assets:
Cash and cash equivalents .......................................... $ 237,093 $ 20,665
Accounts receivable, net of allowances of $41,200 in 2005, $14,149 in 2004 . . 523,223 127,468
Income taxes receivable ............................................ 1,828 1,135
Inventories ....................................................... 566,349 154,180
Deferred taxes on income ........................................... 84,677 19,801
Prepaid expenses other current assets ................................. 51,277 11,813
Total current assets ............................................ 1,464,447 335,062
Non-current assets:
Property, plant and equipment, net ................................... 320,553 85,429
Goodwill ......................................................... 1,263,179 467,594
Intangibles, net ................................................... 431,213 134,789
Other assets ...................................................... 45,216 19,507
Total assets ........................................................... $3,524,608 $1,042,381
Liabilities and stockholders’ equity
Current liabilities:
Short-term debt and current portion of long-term debt ................... $ 86,277 $ 16,951
Accounts payable .................................................. 260,155 48,910
Accrued salaries, wages and employee benefits ......................... 107,885 15,682
Taxes on income .................................................. 15,388 7,261
Deferred consideration for acquisitions ................................ 11,591 28,995
Other current liabilities ............................................. 233,231 35,892
Total current liabilities ......................................... 714,527 153,691
Non-current liabilities:
Long-term debt ................................................... 1,455,050 470,500
Deferred taxes on income ........................................... 123,902 41,041
Other non-current liabilities ......................................... 227,283 43,198
Total non-current liabilities ..................................... 1,806,235 554,739
Commitments and contingencies — —
Stockholders’ equity:
Preferred stock ($0.01 par value, 500,000 shares authorized, no shares issued
and outstanding at December 31, 2005 and 2004) ..................... — —
Common stock ($0.01 par value, 150,000 shares authorized, 68,814 and
43,080 shares issued and 68,066 and 42,438 shares outstanding at
December 31, 2005 and 2004, respectively) .......................... 688 430
Additional paid-in capital ........................................... 877,326 192,861
Retained earnings ................................................. 155,321 143,245
Accumulated other comprehensive (loss) income ....................... (4,031) 4,068
Less: Treasury stock (748 and 642 shares, at cost, at December 31, 2005 and
2004, respectively) ............................................... (25,458) (6,653)
Total stockholders’ equity .......................................... 1,003,846 333,951
Total liabilities and stockholders’ equity .................................. $3,524,608 $1,042,381
The accompanying notes are an integral part of the consolidated financial statements.
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