Mentor Graphics Reports Fiscal Fourth Quarter Results and Announces 11% Dividend Increase
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MENTOR GRAPHICS CORPORATION
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UNAUDITED CONDENSED CONSOLIDATED BALANCE
SHEETS
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(In thousands)
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January 31,
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January 31,
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2014
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2013
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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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297,312
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$
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223,783
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Trade accounts receivable, net
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179,830
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178,351
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Term receivables, short-term
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274,653
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233,894
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Prepaid expenses and other
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64,658
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53,951
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Deferred income taxes
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15,520
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14,973
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Total current assets
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831,973
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704,952
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Property, plant, and equipment, net
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160,165
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162,402
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Term receivables, long-term
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270,365
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250,497
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Goodwill and intangible assets, net
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571,843
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557,770
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Other assets
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71,627
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69,663
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Total assets
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$
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1,905,973
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$
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1,745,284
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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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9,590
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$
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5,964
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Accounts payable
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21,548
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20,906
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Income taxes payable
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3,365
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9,180
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Accrued payroll and related liabilities
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102,848
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101,354
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Accrued and other liabilities
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42,457
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40,662
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Deferred revenue
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231,179
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233,759
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Total current liabilities
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410,987
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411,825
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Long-term notes payable
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224,261
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218,546
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Deferred revenue, long-term
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17,398
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17,755
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Other long-term liabilities
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52,554
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50,981
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Total liabilities
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705,200
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699,107
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Noncontrolling interest with redemption feature
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15,479
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12,698
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Stockholders' equity:
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Common stock
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838,939
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810,902
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Retained earnings
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327,552
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197,178
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Accumulated other comprehensive income
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18,803
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25,399
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Total stockholders' equity
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1,185,294
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1,033,479
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Total liabilities and stockholders' equity
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$
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1,905,973
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$
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1,745,284
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