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Table of Contents
84
As of
ADJUSTMENTS
(1)
April 30
July 31
October 31
January 31
(In thousands)
Fiscal year 2013:
Current assets:
Cash and cash equivalents
$
(37,509
)
$
(42,231
)
$
(42,402
)
$
(51,568
)
Accounts receivable
(60,144
)
(48,703
)
(51,967
)
(46,831
)
Inventories
118,264
126,800
75,058
121,750
Prepaid expenses and other assets
(4,564
)
(7,827
)
(6,132
)
(8,994
)
Total current assets
16,047
28,039
(25,443
)
14,357
Property and equipment, net
847
817
324
175
Other assets, net
(780
)
(649
)
(741
)
10,175
Total assets
$
16,114
$
28,207
$
(25,860
)
$
24,707
Current liabilities:
Accounts payable
$
46,491
$
61,713
$
11,960
$
54,213
Accrued expenses and other liabilities
(11,844
)
(15,155
)
(10,678
)
31,401
Revolving credit loans and current maturities of long-term debt, net
0
(1
)
0
3,181
Total current liabilities
34,647
46,557
1,282
88,795
Long-term debt, less current maturities
0
0
0
0
Other long-term liabilities
(336
)
(331
)
(5,869
)
(4,827
)
Total liabilities
34,311
46,226
(4,587
)
83,968
Shareholders’ equity:
Common stock
0
0
0
0
Additional paid-in capital
3,422
3,245
3,143
3,033
Treasury stock, at cost
0
0
0
0
Retained earnings
(20,178
)
(19,937
)
(22,898
)
(60,999
)
Accumulated other comprehensive income
(1,441
)
(1,327
)
(1,518
)
(1,295
)
Equity attributable to shareholders of Tech Data Corporation
(18,197
)
(18,019
)
(21,273
)
(59,261
)
Noncontrolling interest
0
0
0
0
Total equity
(18,197
)
(18,019
)
(21,273
)
(59,261
)
Total liabilities and equity
$
16,114
$
28,207
$
(25,860
)
$
24,707
(1) The adjustments are to correct errors previously discussed in Note 2 -
Restatement of Consolidated Financial Statements.