Consolidated Balance Sheets
(dollars in thousands)
December 31, December 31,
1996 1995
ASSETS
Current assets:
Cash and investments $157,384 $ 93,919
Accounts receivable, net 76,120 84,210
Inventories, net 53,466 43,293
Prepaid expenses and other 34,369 14,216
Total current assets 321,339 235,638
Property and equipment, net 34,047 20,678
Production capacity rights 14,400 24,000
Investment in joint venture 93,430 36,425
Other assets 17,246 4,902
Total $480,462 $321,643
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 51,160 $ 62,081
Notes payable 17,802 9,200
Accrued liabilities 12,687 13,461
Income taxes payable 7,361 6,276
Total current liabilities 89,010 91,018
Notes payable 14,400 24,000
Other liabilities 6,452 761
Total liabilities 109,862 115,779
Convertible subordinated debentures 103,500 --
Stockholders' equity 267,100 205,864
Total $480,462 $321,643 |
