To: joemjo who wrote (1074 ) 8/16/1999 11:26:00 AM From: Rob Preuss Respond to of 1250
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 ------------- ----------------- 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 --------- --------- 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 --------- --------- TOTAL ................................................ $ 146,544 $ 145,369 ========= ========= 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 --------- --------- Total current liabilities .................. 52,955 54,660 --------- --------- LONG-TERM DEBT--Less current portion ................. 2,044 977 --------- --------- NOTE PAYABLE BANK .................................... 36,719 39,498 --------- --------- 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 --------- --------- Total stockholders' equity ................. 54,826 50,234 --------- --------- TOTAL ................................................ $ 146,544 $ 145,369 ========= =========