MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES | ||||
CONSOLIDATED BALANCE SHEETS | ||||
(In thousands of US dollars, except share data) | ||||
(Unaudited) | ||||
| ||||
|
March 31,
|
|
December 31,
| |
|
(In thousands of US dollars,
| |||
Assets |
|
|
| |
Current assets |
|
|
| |
Cash and cash equivalents |
$ 123,136 |
|
$ 128,575 | |
Accounts receivable, net |
88,854 |
|
92,026 | |
Unbilled accounts receivable |
39,161 |
|
— | |
Inventories, net |
56,658 |
|
73,073 | |
Other receivables |
7,885 |
|
4,292 | |
Prepaid expenses |
13,807 |
|
9,250 | |
Hedge collateral |
2,700 |
|
7,600 | |
Other current assets |
11,972 |
|
15,444 | |
|
|
|
| |
Total current assets |
344,173 |
|
330,260 | |
|
|
|
| |
Property, plant and equipment, net |
205,076 |
|
205,903 | |
Intangible assets, net |
4,290 |
|
4,061 | |
Long-term prepaid expenses |
14,306 |
|
12,791 | |
Deferred income tax assets |
312 |
|
264 | |
Other non-current assets |
6,511 |
|
5,510 | |
|
|
|
| |
Total assets |
$ 574,668 |
|
$ 558,789 | |
|
|
|
| |
Liabilities and Stockholders' Equity |
|
|
| |
Current liabilities |
|
|
| |
Accounts payable |
$ 69,540 |
|
$ 65,940 | |
Other accounts payable |
10,023 |
|
10,261 | |
Accrued expenses |
44,908 |
|
51,746 | |
Deferred revenue |
13,202 |
|
8,335 | |
Other current liabilities |
1,296 |
|
1,860 | |
|
|
|
| |
Total current liabilities |
138,969 |
|
138,142 | |
|
|
|
| |
Long-term borrowings, net |
303,948 |
|
303,416 | |
Accrued severance benefits, net |
151,889 |
|
148,905 | |
Other non-current liabilities |
9,796 |
|
7,963 | |
|
|
|
| |
Total liabilities |
604,602 |
|
598,426 | |
|
|
|
| |
Stockholders' equity |
|
|
| |
Common stock, $0.01 par value, 150,000,000 shares authorized, 42,749,168 shares issued and
|
428 |
|
426 | |
Additional paid-in capital |
137,869 |
|
136,259 | |
Accumulated deficit |
(29,642 ) |
|
(40,889 ) | |
Treasury stock, 8,374,209 shares at March 31, 2018 and December 31, 2017, respectively |
(102,319 ) |
|
(102,319 ) | |
Accumulated other comprehensive loss |
(36,270 ) |
|
(33,114 ) | |
|
|
|
| |
Total stockholders' deficit |
(29,934 ) |
|
(39,637 ) | |
|
|
|
| |
Total liabilities and stockholders' equity |
$ 574,668 |
|
$ 558,789 | |
|
|
|
|