Power Integrations Reports First-Quarter Financial Results

 
POWER INTEGRATIONS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands)
   

March 31, 2015

December 31, 2014

ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 85,637 $ 60,708
Short-term marketable securities 87,560 114,575
Accounts receivable 12,631 10,186
Inventories 65,009 64,025
Deferred tax assets 39 39
Prepaid expenses and other current assets   11,458     16,379  
Total current assets   262,334     265,912  
 
PROPERTY AND EQUIPMENT, net 94,179 95,823
INTANGIBLE ASSETS, net 42,758 35,524
GOODWILL 91,849 80,599
DEFERRED TAX ASSETS 11,265 11,562
OTHER ASSETS   4,789     4,243  
Total assets $ 507,174   $ 493,663  
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable $ 23,907 $ 21,980
Accrued payroll and related expenses 8,815 9,071
Taxes payable 2,930 2,963
Deferred tax liabilities 2,187 2,193
Deferred income on sales to distributors 17,254 15,223
Other accrued liabilities   3,834     3,730  
Total current liabilities   58,927     55,160  
 
LONG-TERM LIABILITIES
Income taxes payable 746 743
Deferred tax liabilities 4,059 4,272
Other liabilities   2,960     2,812  
Total liabilities   66,692     62,987  
 
STOCKHOLDERS' EQUITY:
Common stock 29 29
Additional paid-in capital 178,816 171,938
Accumulated other comprehensive loss (1,031 ) (1,136 )
Retained earnings   262,668     259,845  
Total stockholders' equity   440,482     430,676  
Total liabilities and stockholders' equity $ 507,174   $ 493,663  

« 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
Qualcomm’s Lu Dai: Energetic leadership for Accellera
More Editorial  
Jobs
Development Engineer-WEB SKILLS +++ for EDA Careers at North Valley, CA
Principal Engineer FPGA Design for Intevac at Santa Clara, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
SOC Logic Design Engineer for Global Foundaries at Santa Clara, CA
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
Sr. Staff Design SSD ASIC Engineer for Toshiba America Electronic Components. Inc. at San Jose, CA
Upcoming Events
IoT Summit 2017 at Great America ballroom, Santa Clara Convention Center Santa Clara CA - Mar 16 - 17, 2017
SNUG Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Mar 22 - 23, 2017
CDNLive Silicon Valley 2017 at Santa Clara Convention Center Santa Clara CA - Apr 11 - 12, 2017
10th Anniversary of Cyber-Physical Systems Week at Pittsburgh, PA, USA PA - Apr 18 - 21, 2017



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