Sanmina Reports Third Quarter Fiscal 2015 Results

The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.

Sanmina Corporation 

Condensed Consolidated Balance Sheets

(in thousands)

(GAAP)







June 27,


September 27,







2015


2014
















(Unaudited)



ASSETS
















Current assets:







Cash and cash equivalents



$    416,471


$       466,607


Accounts receivable, net



934,152


979,475


Inventories



874,224


893,178


Prepaid expenses and other current assets


100,524


111,714



Total current assets



2,325,371


2,450,974










Property, plant and equipment, net



564,662


563,016

Other



266,812


299,099



Total assets



$ 3,156,845


$    3,313,089










LIABILITIES AND STOCKHOLDERS' EQUITY














Current liabilities:








Accounts payable



$ 1,090,171


$    1,139,845


Accrued liabilities 



115,906


110,357


Accrued payroll and related benefits


115,771


126,541


Short-term debt



8,416


157,394



Total current liabilities



1,330,264


1,534,137










Long-term liabilities:







Long-term debt



423,798


386,681


Other



143,531


145,516



Total long-term liabilities



567,329


532,197










Stockholders' equity



1,259,252


1,246,755



Total liabilities and stockholders' equity


$ 3,156,845


$    3,313,089


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