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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2016
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2016
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Assets
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Current assets:
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Cash and cash equivalents
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$
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262,762
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$
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334,826
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Trade accounts receivable, net
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125,453
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176,021
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Term receivables, short-term
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304,081
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317,188
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Prepaid expenses and other
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64,616
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70,432
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Total current assets
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756,912
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898,467
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Property, plant, and equipment, net
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200,781
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182,092
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Term receivables, long-term
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251,416
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268,657
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Goodwill and intangible assets, net
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645,461
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644,288
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Other assets
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79,005
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70,860
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Total assets
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$
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1,933,575
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$
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2,064,364
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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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21,475
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$
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33,449
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Notes Payable, current portion
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240,865
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-
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Accounts payable
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13,431
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16,740
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Income taxes payable
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5,339
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3,966
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Accrued payroll and related liabilities
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68,189
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73,371
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Accrued and other liabilities
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32,114
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37,059
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Deferred revenue
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213,630
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258,725
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Total current liabilities
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595,043
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423,310
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Long-term notes payable
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5,188
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240,076
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Deferred revenue, long-term
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34,242
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18,303
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Other long-term liabilities
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51,934
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62,246
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Total liabilities
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686,407
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743,935
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Convertible notes
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12,092
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-
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Stockholders' equity:
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Common stock
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708,128
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818,683
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Retained earnings
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547,007
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522,846
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Accumulated other comprehensive loss
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(20,059
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(21,100
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Total stockholders' equity
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1,235,076
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1,320,429
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Total liabilities and stockholders' equity
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$
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1,933,575
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$
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2,064,364
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