Mentor Graphics Reports Fiscal Third Quarter Results
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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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October 31,
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January 31,
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2014
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2014
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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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172,608
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$
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297,312
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Trade accounts receivable, net
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114,972
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179,830
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Term receivables, short-term
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305,435
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274,653
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Prepaid expenses and other
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63,457
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64,658
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Deferred income taxes
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9,636
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13,656
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Total current assets
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666,108
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830,109
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Property, plant, and equipment, net
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155,801
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160,165
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Term receivables, long-term
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257,028
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270,365
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Goodwill and intangible assets, net
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647,490
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571,843
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Other assets
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72,560
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71,627
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Total assets
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$
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1,798,987
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$
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1,904,109
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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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1,291
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$
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9,590
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Accounts payable
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11,526
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21,548
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Income taxes payable
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245
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3,365
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Accrued payroll and related liabilities
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69,974
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102,848
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Accrued and other liabilities
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42,344
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42,457
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Deferred revenue
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197,895
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231,179
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Total current liabilities
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323,275
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410,987
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Long-term notes payable
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228,824
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224,261
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Deferred revenue, long-term
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22,780
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17,398
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Other long-term liabilities
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50,230
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50,690
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Total current liabilities
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625,109
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703,336
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Noncontrolling interest with redemption feature
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12,687
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15,479
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Stockholders' equity:
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Common stock
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810,375
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838,939
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Retained earnings
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344,330
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327,552
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Accumulated other comprehensive income
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6,250
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18,803
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Noncontrolling interest
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236
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-
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Total stockholders' equity
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1,161,191
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1,185,294
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Total liabilities and stockholders' equity
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$
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1,798,987
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$
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1,904,109
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