Western Digital 1995 Annual Report Download - page 18
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Consolidated Balance Sheets .
July 1, June 30,
(in thousands, ex cept per share amounts) 1995 1994
A
Current assets:
Cash and cash equivalents $ 217,531 $ 243,484
Short-term investments 90,177 —
Accounts receivable, less allowance
for doubtful accounts of $9,309 in 1995
and $10,825 in 1994 (Note 4) 303,841 201,512
Inventories (Note 2) 98,925 79,575
Prepaid expenses 19,663 12,917
Total current assets 730,137 537,488
Property and equipment at cost, less
accumulated depreciation and amortization
(Note 2) 88,576 73,417
Intangible and other assets, net (Note 2) 40,127 29,608
Total assets $ 858,840 $ 640,513
L S’E
Current liabilities:
Accounts payable $ 250,325 $ 172,730
Accrued compensation 30,064 21,706
Accrued expenses 89,213 81,308
Total current liabilities 369,602 275,744
Convertible subordinated debentures (Note 4) — 58,646
Deferred income taxes (Note 6) 15,812 17,884
Commitments and contingent liabilities
(Note 5)
Shareholders’equity (Notes 4 and 7):
Preferred stock, $.10 par value;
Authorized-5,000 shares;
Outstanding-None
Common stock, $.10 par value;
Authorized-95,000 shares;
Outstanding-50,482 shares in 1995
and 44,895 shares in 1994 5,048 4,490
Additional paid-in capital 355,624 283,475
Retained earnings 123,576 274
Treasury stock-common shares at cost;
805 shares in 1995 (10,822) —
Total shareholders’equity 473,426 288,239
Total liabilities and shareholders’
equity $ 858,840 $ 640,513
The accompanying notes are an integral part of these financial statements.