Mentor Graphics Reports Fiscal Second 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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July 31,
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January 31,
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2009
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2009
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(As Adjusted)a
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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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76,083
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$
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95,639
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Trade accounts receivable, net
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107,348
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133,719
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Term receivables, short-term
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152,315
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139,133
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Prepaid expenses and other
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31,905
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39,146
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Deferred income taxes
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8,442
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10,163
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Total current assets
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376,093
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417,800
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Property, plant, and equipment, net
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97,063
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100,991
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Term receivables, long-term
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142,132
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146,682
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Goodwill and intangible assets, net
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476,078
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480,956
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Other assets
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37,644
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39,641
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Total assets
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$
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1,129,010
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$
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1,186,070
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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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11,269
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$
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36,998
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Accounts payable
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9,071
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10,197
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Income taxes payable
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6,082
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5,340
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Accrued payroll and related liabilities
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58,232
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65,687
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Accrued liabilities
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37,786
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46,034
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Deferred revenue
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145,097
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155,098
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Total current liabilities
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267,537
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319,354
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Long-term notes payable
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185,693
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188,170
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Deferred revenue, long-term
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12,730
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16,890
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Other long-term liabilities
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69,030
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75,211
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Total liabilities
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534,990
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599,625
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Stockholders' equity:
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Common stock
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625,417
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602,064
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Accumulated deficit
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(61,075
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)
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(26,853
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)
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Accumulated other comprehensive income
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29,678
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11,234
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Total stockholders' equity
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594,020
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586,445
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Total liabilities and stockholders' equity
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$
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1,129,010
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$
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1,186,070
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a Adjusted for the retrospective adoption of FSP APB 14-1.
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