Mentor Graphics Reports Fiscal Third Quarter Results
|
|
|
MENTOR GRAPHICS CORPORATION
|
|
UNAUDITED CONDENSED CONSOLIDATED BALANCE
SHEETS
|
|
(In thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
October 31,
|
|
January 31,
|
|
|
|
2012
|
|
2012
|
|
|
|
|
|
|
|
Assets
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
Cash and cash equivalents
|
|
$
|
159,730
|
|
$
|
146,499
|
|
Restricted cash
|
|
|
-
|
|
|
4,237
|
|
Trade accounts receivable, net
|
|
|
171,916
|
|
|
133,494
|
|
Term receivables, short-term
|
|
|
232,867
|
|
|
221,430
|
|
Prepaid expenses and other
|
|
|
44,165
|
|
|
43,972
|
|
Deferred income taxes
|
|
|
16,249
|
|
|
17,803
|
|
|
|
|
|
|
|
Total current assets
|
|
|
624,927
|
|
|
567,435
|
|
Property, plant, and equipment, net
|
|
|
161,260
|
|
|
148,019
|
|
Term receivables, long-term
|
|
|
207,639
|
|
|
220,355
|
|
Goodwill and intangible assets, net
|
|
|
547,156
|
|
|
555,671
|
|
Other assets
|
|
|
65,827
|
|
|
59,195
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
1,606,809
|
|
$
|
1,550,675
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
Short-term borrowings
|
|
$
|
2,836
|
|
$
|
14,617
|
|
Current portion of notes payable
|
|
|
1,381
|
|
|
1,349
|
|
Accounts payable
|
|
|
16,686
|
|
|
17,261
|
|
Income taxes payable
|
|
|
9,723
|
|
|
2,538
|
|
Accrued payroll and related liabilities
|
|
|
68,328
|
|
|
112,349
|
|
Accrued and other liabilities
|
|
|
36,812
|
|
|
34,284
|
|
Deferred revenue
|
|
|
202,292
|
|
|
191,540
|
|
|
|
|
|
|
|
Total current liabilities
|
|
|
338,058
|
|
|
373,938
|
|
Long-term notes payable
|
|
|
217,179
|
|
|
213,224
|
|
Deferred revenue, long-term
|
|
|
18,331
|
|
|
14,883
|
|
Other long-term liabilities
|
|
|
53,628
|
|
|
73,290
|
|
Total liabilities
|
|
|
627,196
|
|
|
675,335
|
|
|
|
|
|
|
|
Noncontrolling interest with redemption feature
|
|
|
8,685
|
|
|
9,266
|
|
|
|
|
|
|
|
Stockholders' equity:
|
|
|
|
|
|
Common stock
|
|
|
804,793
|
|
|
775,362
|
|
Retained earnings
|
|
|
139,706
|
|
|
62,032
|
|
Accumulated other comprehensive income
|
|
|
26,429
|
|
|
28,680
|
|
Total stockholders' equity
|
|
|
970,928
|
|
|
866,074
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity
|
|
$
|
1,606,809
|
|
$
|
1,550,675
|
|
