MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES
| |||
|
|
|
|
|
|
| December 31,
|
| December 31,
|
|
| (In thousands of U.S. dollars, except share data) | ||
Assets |
|
|
|
Current assets |
|
|
|
Cash and cash equivalents | $ 225,477 |
| $ 279,547 |
Accounts receivable, net | 35,380 |
| 50,954 |
Inventories, net | 39,883 |
| 39,370 |
Other receivables | 7,847 |
| 25,895 |
Prepaid expenses | 10,560 |
| 7,675 |
Hedge collateral | 2,940 |
| 3,060 |
Other current assets | 15,766 |
| 2,619 |
|
|
|
|
|
Total current assets | 337,853 |
| 409,120 |
Property, plant and equipment, net | 110,747 |
| 107,882 |
Operating lease right-of-use assets | 5,265 |
| 4,275 |
Intangible assets, net | 1,930 |
| 2,377 |
Long-term prepaid expenses | 10,939 |
| 8,243 |
Deferred income taxes | 38,324 |
| 41,095 |
Other non-current assets | 11,587 |
| 10,662 |
|
|
|
|
|
Total assets | $ 516,645 |
| $ 583,654 |
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
Current liabilities |
|
|
|
Accounts payable | $ 17,998 |
| $ 37,593 |
Other accounts payable | 9,702 |
| 6,289 |
Accrued expenses | 9,688 |
| 20,071 |
Accrued income taxes | 3,154 |
| 11,823 |
Operating lease liabilities | 1,397 |
| 2,323 |
Other current liabilities | 5,306 |
| 7,382 |
|
|
|
|
|
| Total current liabilities | 47,245 |
| 85,481 |
| Accrued severance benefits, net | 23,121 |
| 33,064 |
| Non-current operating lease liabilities | 4,091 |
| 1,952 |
| Other non-current liabilities | 14,035 |
| 10,395 |
|
|
|
|
|
| Total liabilities | 88,492 |
| 130,892 |
|
|
|
|
|
| Commitments and contingencies |
|
|
|
| Stockholders' equity |
|
|
|
| Common stock, $0.01 par value, 150,000,000 shares authorized, 56,432,449 shares issued and 43,824,575 outstanding at December 31, 2022 and 55,905,320 shares issued and 45,659,304 outstanding at December 31, 2021 | 564 |
| 559 |
| Additional paid-in capital | 266,058 |
| 241,197 |
| Retained earnings | 335,506 |
| 343,542 |
| Treasury stock, 12,607,874 shares at D ecember 31, 2022 and 10,246,016 shares at December 31, 2021, respectively | (161,422) |
| (130,306 ) |
| Accumulated other comprehensive loss | (12,553) |
| (2,230 ) |
|
|
|
|
|
| Total stockholders' equity | 428,153 |
| 452,762 |
|
|
|
|
|
| Total liabilities and stockholders' equity | $ 516,645 |
| $ 583,654 |
|
|
|
|
|
|
Magnachip Reports Results for Fourth Quarter and Full-Year 2022
|
|
||||||
|
|
|||||||
|
|||||||
