Cabot Microelectronics Corporation Reports Strong Results for Third Quarter of Fiscal 2016
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CABOT MICROELECTRONICS CORPORATION | | | | |
CONSOLIDATED CONDENSED BALANCE SHEETS | | | | | (Unaudited and amounts in thousands) | | | | | | | | | | | June 30, | September 30, | | | | | 2016 | | | 2015 | | | | ASSETS: | | | | | | | | | | Current assets: | | | | | Cash and cash equivalents | $ | 243,087 | | $ | 354,190 | | | | Accounts receivable, net | | 55,840 | | | 49,405 | | | | Inventories, net | | 74,645 | | | 70,678 | | | | Other current assets | | 17,798 | | | 20,235 | | | | Total current assets | | 391,370 | | | 494,508 | | | | | | | | | Property, plant and equipment, net | | 105,457 | | | 93,743 | | | | Other long-term assets | | 185,047 | | | 72,223 | | | | Total assets | $ | 681,874 | | $ | 660,474 | | | | | | | | | | | | | | LIABILITIES AND STOCKHOLDERS' EQUITY: | | | | | | | | | | Current liabilities: | | | | | Accounts payable | $ | 13,840 | | $ | 15,448 | | | | Current portion of long-term debt | | 9,844 | | | 8,750 | | | | Accrued expenses, income taxes payable and other current liabilities | | 33,997 | | | 36,446 | | | | Total current liabilities | | 57,681 | | | 60,644 | | | | | | | | | Long-term debt, net of current portion | | 147,656 | | | 155,313 | | | | Other long-term liabilities | | 17,564 | | | 15,553 | | | | Total liabilities | | 222,901 | | | 231,510 | | | | | | | | | Stockholders' equity | | 458,973 | | | 428,964 | | | | Total liabilities and stockholders' equity | $ | 681,874 | | $ | 660,474 | | | | | | | |
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