Mentor Graphics Reports Fiscal Third Quarter Results
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MENTOR GRAPHICS CORPORATION
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UNAUDITED CONSOLIDATED BALANCE
SHEETS
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(In thousands)
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October 31,
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January 31,
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2008
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2008
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Assets
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Current assets:
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Cash, cash equivalents, and short-term investments
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$
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79,590
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$
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126,215
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Trade accounts receivable, net
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112,268
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175,564
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Term receivables, short-term
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131,731
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157,077
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Prepaid expenses and other
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38,461
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38,051
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Deferred income taxes
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10,747
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9,574
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Total current assets
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372,797
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506,481
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Property, plant, and equipment, net
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106,063
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100,421
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Term receivables, long-term
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124,791
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134,059
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Goodwill and intangible assets, net
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486,035
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451,881
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Other assets
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34,780
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45,271
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Total assets
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$
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1,124,466
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$
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1,238,113
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Liabilities and Stockholders' Equity
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Current liabilities:
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Short-term borrowings
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$
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39,705
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$
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14,178
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Accounts payable
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10,143
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23,634
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Income taxes payable
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18,880
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6,675
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Accrued payroll and related liabilities
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54,032
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78,948
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Accrued liabilities
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50,950
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40,697
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Deferred revenue
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132,447
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154,821
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Total current liabilities
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306,157
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318,953
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Long-term notes payable
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201,102
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201,102
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Deferred revenue, long-term
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17,835
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18,977
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Other long-term liabilities
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71,724
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59,914
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Total liabilities
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596,818
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598,946
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Stockholders' equity:
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Common stock
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565,745
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531,153
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Retained earnings
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(49,189
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)
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71,150
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Accumulated other comprehensive income
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11,092
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36,864
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Total stockholders' equity
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527,648
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639,167
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Total liabilities and stockholders' equity
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$
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1,124,466
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$
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1,238,113
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