Hello LemonHead,
See Ultratech Stepper's 10Q, from which Value Line extracted the data for the report on 6/8/2001...
sec.gov
The "LIABILITIES AND STOCKHOLDERS' EQUITY" is broken down as follows:
Notes payable: $404
Accounts payable: $10,664
Deferred product and service income: $4,031
Deferred license income: $19,391
Other current liabilities: $25,992
Total: $60,482
"Other Current Liabilities" is further broken down as follows:
Salaries and benefits: $5,598
Warranty reserves: $3,309
Advance billings: $7,023
Income taxes payable: $4,796
Reserve for losses on purchase order commitments: $2,530
Other: $2,736
Total: $25,992
As you can glean from the above numbers (and cross-reference with Value Line), the $49.4 shown by VL is actually comprised of "Deferred product and service income" ($4.031), "Deferred license income" ($19.391) and "Other current liabilities" ($25.992). (And then the 10Q further breaks down the "Other Current Liabilities" as shown above. Simply replace the comma in the numbers by a decimal point to see how VL would have broken it down were they being extremely detailed.)
Hope this helps...
KJC |
