MAGNACHIP SEMICONDUCTOR CORPORATION AND SUBSIDIARIES | |||
CONSOLIDATED BALANCE SHEETS | |||
(In thousands of US dollars, except share data) | |||
(Unaudited) | |||
|
| ||
| September 30,
|
| December 31,
|
| (In thousands of US dollars,
| ||
Assets |
|
|
|
Current assets |
|
|
|
Cash and cash equivalents | $ 133,482 |
| $ 128,575 |
Accounts receivable, net | 103,221 |
| 92,026 |
Unbilled accounts receivable | 35,837 |
| — |
Inventories, net | 71,532 |
| 73,073 |
Other receivables | 7,510 |
| 4,292 |
Prepaid expenses | 15,481 |
| 9,250 |
Hedge collateral | 6,970 |
| 7,600 |
Other current assets | 10,711 |
| 15,444 |
|
|
|
|
Total current assets | 384,744 |
| 330,260 |
|
|
|
|
Property, plant and equipment, net | 200,393 |
| 205,903 |
Intangible assets, net | 3,995 |
| 4,061 |
Long-term prepaid expenses | 17,744 |
| 12,791 |
Other non-current assets | 5,830 |
| 5,774 |
|
|
|
|
Total assets | $ 612,706 |
| $ 558,789 |
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
Current liabilities |
|
|
|
Accounts payable | $ 81,570 |
| $ 65,940 |
Other accounts payable | 16,445 |
| 10,261 |
Accrued expenses | 45,641 |
| 51,746 |
Deferred revenue | 11,682 |
| 8,335 |
Other current liabilities | 4,772 |
| 1,860 |
|
|
|
|
Total current liabilities | 160,110 |
| 138,142 |
|
|
|
|
Long-term borrowings, net | 305,039 |
| 303,416 |
Accrued severance benefits, net | 148,148 |
| 148,905 |
Other non-current liabilities | 16,861 |
| 7,963 |
|
|
|
|
Total liabilities | 630,158 |
| 598,426 |
|
|
|
|
Stockholders' equity |
|
|
|
Common stock, $0.01 par value,
| 430 |
| 426 |
Additional paid-in capital | 141,261 |
| 136,259 |
Accumulated deficit | (33,925 ) |
| (40,889 ) |
Treasury stock, 8,393,641 shares at September 30,
| (102,518 ) |
| (102,319 ) |
Accumulated other comprehensive loss | (22,700 ) |
| (33,114 ) |
|
|
|
|
Total stockholders' deficit | (17,452 ) |
| (39,637 ) |
|
|
|
|
Total liabilities and stockholders' equity | $ 612,706 |
| $ 558,789 |