ACTM Balance Sheet (somehow listed as current news):
biz.yahoo.com
ACT MANUFACTURING, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)
(Unaudited)
June 30, 1999 December 31, 1998
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ASSETS
CURRENT ASSETS:
Cash and cash equivalents ....................... $ 4,640 $ 5,389
Accounts receivable, net ........................ 69,637 70,546
Inventory ....................................... 45,406 45,337
Prepaid expenses and other assets ............... 2,350 2,204
Deferred taxes .................................. 1,360 1,360
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Total current assets ....................... 123,393 124,836
PROPERTY AND EQUIPMENT--Net .......................... 16,074 13,489
GOODWILL--Net ........................................ 5,285 5,506
OTHER ASSETS--Net .................................... 1,792 1,538
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TOTAL ................................................ $ 146,544 $ 145,369
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LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable ................................ $ 48,220 $ 50,592
Accrued compensation and related taxes ....... 1,080 1,463
Income tax payable ........................... 2,059 505
Accrued expenses and other ...................... 1,596 2,100
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Total current liabilities .................. 52,955 54,660
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LONG-TERM DEBT--Less current portion ................. 2,044 977
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NOTE PAYABLE BANK .................................... 36,719 39,498
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STOCKHOLDERS' EQUITY:
Common stock .................................... 91 91
Additional paid-in capital ...................... 39,673 39,205
Accumulated other comprehensive income (loss) ... (99) (180)
Retained earnings ............................... 15,161 11,118
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Total stockholders' equity ................. 54,826 50,234
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TOTAL ................................................ $ 146,544 $ 145,369
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