Mentor Graphics Reports Fiscal First Quarter Results
|
MENTOR GRAPHICS CORPORATION
|
|
UNAUDITED CONSOLIDATED BALANCE
SHEETS
|
|
(In thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
April 30,
|
|
January 31,
|
|
|
|
|
|
2009
|
|
2009
|
|
|
|
|
|
|
|
(As Adjusted)a
|
|
Assets
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
Cash, cash equivalents, and short-term investments
|
|
$
|
78,783
|
|
|
$
|
95,639
|
|
|
Trade accounts receivable, net
|
|
|
109,438
|
|
|
|
133,719
|
|
|
Term receivables, short-term
|
|
|
142,610
|
|
|
|
139,133
|
|
|
Prepaid expenses and other
|
|
|
39,176
|
|
|
|
39,146
|
|
|
Deferred income taxes
|
|
|
9,075
|
|
|
|
10,163
|
|
|
|
|
|
|
|
|
|
|
Total current assets
|
|
|
379,082
|
|
|
|
417,800
|
|
|
Property, plant and equipment, net
|
|
|
95,866
|
|
|
|
100,991
|
|
|
Term receivables, long-term
|
|
|
152,893
|
|
|
|
146,682
|
|
|
Goodwill and intangible assets, net
|
|
|
475,925
|
|
|
|
480,956
|
|
|
Other assets
|
|
|
36,351
|
|
|
|
39,641
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$
|
1,140,117
|
|
|
$
|
1,186,070
|
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
Short-term borrowings
|
|
$
|
29,738
|
|
|
$
|
36,998
|
|
|
Accounts payable
|
|
|
5,583
|
|
|
|
10,197
|
|
|
Income taxes payable
|
|
|
4,501
|
|
|
|
5,340
|
|
|
Accrued payroll and related liabilities
|
|
|
54,991
|
|
|
|
65,687
|
|
|
Accrued liabilities
|
|
|
35,084
|
|
|
|
46,034
|
|
|
Deferred revenue
|
|
|
153,657
|
|
|
|
155,098
|
|
|
|
|
|
|
|
|
|
|
Total current liabilities
|
|
|
283,554
|
|
|
|
319,354
|
|
|
Long-term notes payable
|
|
|
186,509
|
|
|
|
188,170
|
|
|
Deferred revenue, long-term
|
|
|
14,749
|
|
|
|
16,890
|
|
|
Other long-term liabilities
|
|
|
68,071
|
|
|
|
75,211
|
|
|
Total liabilities
|
|
|
552,883
|
|
|
|
599,625
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity:
|
|
|
|
|
|
Common stock
|
|
|
609,457
|
|
|
|
602,064
|
|
|
Accumulated deficit
|
|
|
(39,809
|
)
|
|
|
(26,853
|
)
|
|
Accumulated other comprehensive income
|
|
|
17,586
|
|
|
|
11,234
|
|
|
Total stockholders' equity
|
|
|
587,234
|
|
|
|
586,445
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity
|
|
$
|
1,140,117
|
|
|
$
|
1,186,070
|
|
|
|
|
|
|
|
|
|
|
a
|
|
Adjusted for the retrospective adoption of FSP APB 14-1.
|
|
|
|
|
|
|
|
|
|
