|
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||
|
(In thousands) | ||||
|
(Unaudited) | ||||
|
|
|
|
|
|
|
|
|
| ||
|
|
|
Third Quarter |
|
Fiscal Year End |
|
As of |
|
2012 |
|
2011 |
|
Assets |
|
|
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
Cash and cash equivalents |
|
$ 141,840 |
|
$ 154,621 |
|
Accounts receivables, net |
|
320,904 |
|
275,201 |
|
Other receivables |
|
13,374 |
|
7,103 |
|
Inventories, net |
|
234,301 |
|
232,063 |
|
Deferred income taxes |
|
43,037 |
|
44,632 |
|
Other current assets |
|
24,569 |
|
19,437 |
|
Total current assets |
|
778,025 |
|
733,057 |
|
|
|
|
|
|
|
Property and equipment, net |
|
81,653 |
|
62,724 |
|
Goodwill |
|
1,551,886 |
|
1,297,692 |
|
Other purchased intangible assets, net |
|
510,987 |
|
476,791 |
|
Other non-current assets |
|
98,942 |
|
82,211 |
|
|
|
|
|
|
|
Total assets |
|
$ 3,021,493 |
|
$ 2,652,475 |
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
Current portion of long-term debt |
|
$ 89,909 |
|
$ 65,918 |
|
Accounts payable |
|
107,719 |
|
97,956 |
|
Accrued compensation and benefits |
|
82,328 |
|
73,894 |
|
Deferred revenue |
|
127,602 |
|
105,066 |
|
Accrued warranty expense |
|
16,083 |
|
18,444 |
|
Other accrued liabilities |
|
61,425 |
|
50,045 |
|
Total current liabilities |
|
485,066 |
|
411,323 |
|
|
|
|
|
|
|
Non-current portion of long-term debt |
|
553,198 |
|
498,518 |
|
Non-current deferred revenue |
|
6,346 |
|
13,113 |
|
Deferred income taxes |
|
99,412 |
|
95,594 |
|
Other non-current liabilities |
|
52,418 |
|
45,025 |
|
Total liabilities |
|
1,196,440 |
|
1,063,573 |
|
|
|
|
|
|
|
Commitments and contingencies |
|
|
|
|
|
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
|
|
|
|
|
Shareholders' equity: |
|
|
|
|
|
Common stock |
|
965,035 |
|
878,514 |
|
Retained earnings |
|
836,903 |
|
685,639 |
|
Accumulated other comprehensive income |
|
6,692 |
|
5,140 |
|
Total Trimble Navigation Ltd. shareholders' equity |
|
1,808,630 |
|
1,569,293 |
|
Noncontrolling interests |
|
16,423 |
|
19,609 |
|
Total equity |
|
1,825,053 |
|
1,588,902 |
|
|
|
|
|
|
|
Total liabilities and equity |
|
$ 3,021,493 |
|
$ 2,652,475 |
