MKS Instruments Reports Fourth Quarter and Full Year 2015

MKS Instruments Reports Fourth Quarter and Full Year 2015 Financial Results


MKS Instruments, Inc.
Unaudited Consolidated Balance Sheet
(In thousands)




		December 31,			December 31,
			2015			2014

ASSETS

Cash and cash equivalents		$	227,574		$	305,437
Short-term investments (1)			430,663			286,795
Trade accounts receivable, net			101,883			106,362
Inventories			152,631			155,169
Deferred income taxes			-			14,017
Other current assets			26,760			27,512

	Total current assets		939,511			895,292

Property, plant and equipment, net			68,856			72,776
Goodwill			199,703			192,381
Intangible assets, net			44,027			46,389
Other assets			21,250			17,206

Total assets		$	1,273,347		$	1,224,044


LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable		$	23,177		$	34,166
Accrued compensation			28,424			26,970
Income taxes payable			4,024			6,702
Other current liabilities			35,359			35,789
	Total current liabilities		90,984			103,627

Other liabilities			21,482			38,595

Stockholders' equity:
Common stock			113			113
Additional paid-in capital			744,725			734,732
Retained earnings			427,214			349,061
Other stockholders' equity			(11,171	)		(2,084	)
	Total stockholders' equity		1,160,881			1,081,822

Total liabilities and stockholders' equity		$	1,273,347		$	1,224,044

(1) In the fourth quarter of 2015, the Company started classifying all investments as short-term investments. Management has the ability and intent to liquidate long-term investments if needed and management and the Board of Directors view all investments as a single pool of funds available for operations. Prior year amounts have been reclassified to conform with this presentation.

 Company  Contact:  Seth  H.  Bagshaw
Vice  President,  Chief  Financial  Officer  and  Treasurer
Telephone:  978.645.5578

Investor  Relations  Contact:  Claire  McAdams
Headgate  Partners  LLC
Telephone:  530.265.9899
Email:  claire@headgatepartners.com

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