Power Integrations Reports Record Quarterly Revenues and Earnings

POWER INTEGRATIONS, INC.
CONSOLIDATED BALANCE SHEETS

(in thousands)

         
 

September 30,
2013

June 30,
2013

December 31,
2012

ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 78,118 $ 85,426 $ 63,394
Short-term marketable securities 102,051 59,630 31,766
Accounts receivable 15,101 15,772 7,326
Inventories 40,212 43,199 44,625
Deferred tax assets 344 344 352
Prepaid expenses and other current assets   15,557     12,097     17,401  
Total current assets   251,383     216,468     164,864  
 
PROPERTY AND EQUIPMENT, net 90,217 89,743 89,724
INTANGIBLE ASSETS, net 42,212 44,054 47,738
GOODWILL 80,599 80,599 80,599
DEFERRED TAX ASSETS 15,263 14,425 11,532
OTHER ASSETS   3,965     4,608     4,673  
Total assets $ 483,639   $ 449,897   $ 399,130  
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable $ 20,267 $ 21,347 $ 16,452
Accrued payroll and related expenses 8,157 7,681 6,720
Taxes payable 2,128 1,476 1,213
Deferred taxes 885 748 1,193
Deferred income on sales to distributors 16,861 15,035 11,550
Other accrued liabilities   2,661     2,650     3,439  
Total current liabilities   50,959     48,937     40,567  
 
LONG-TERM LIABILITIES
Income taxes payable 8,916 8,665 7,937
Deferred taxes 7,404 7,646 8,179
Pension liability   1,456     1,366     1,398  
Total liabilities   68,735     66,614     58,081  
 
STOCKHOLDERS' EQUITY:
Common stock 30 29 28
Additional paid-in capital 215,404 198,375 175,668
Accumulated other comprehensive loss (358 ) (687 ) (293 )
Retained earnings   199,828     185,566     165,646  
Total stockholders' equity   414,904     383,283     341,049  
Total liabilities and stockholders' equity $ 483,639   $ 449,897   $ 399,130  
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
H-1B Visa: de Geus’ tragedy looms large
Peggy AycinenaIP Showcase
by Peggy Aycinena
IP for Cars: Lawsuits are like Sandstorms
More Editorial  
Jobs
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Staff Software Engineer - (170059) for brocade at San Jose, CA
ASIC/FPGA Design Engineer for Palo Alto Networks at Santa Clara, CA
Mechanical Designer/Engineer for Palo Alto Networks at Santa Clara, CA
Lead Java Platform Engineer IOT-WEB for EDA Careers at San Francisco Area, CA
Technical Support Engineer for EDA Careers at Freemont, CA
Upcoming Events
Embedded Systems Conference ESC Boston 2017 at Boston Convention & Exhibition Center Boston MA - May 3 - 4, 2017
2017 GPU Tech Conference at San Jose McEnery Convention Center 150 West San Carlos Street San Jose CA - May 8 - 11, 2017
High Speed Digital Design and PCB Layout at 13727 460 Ct SE North Bend WA - May 9 - 11, 2017
Nanotech 2017 Conference & Expo at Gaylord National Hotel & Convention Center WA - May 14 - 17, 2017
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy