Ansoft Corporation Revenue Increases 15%

                          ANSOFT CORPORATION
                     CONSOLIDATED BALANCE SHEETS
               (In thousands, except per share amounts)
                             (unaudited)


                                                    July 31, April 30,
                                                      2007     2007
                                                    -------- ---------

Assets
Current assets
Cash and cash equivalents                           $38,188   $49,356
Accounts receivable, net of allowance for doubtful
 Accounts of $1,059 and $973, respectively           14,383    24,994
Deferred income taxes                                 4,055     1,441
Prepaid expenses and other current assets             2,499     2,566
                                                    -------- ---------
Total current assets                                 59,125    78,357

Equipment and furniture, net of accumulated
 depreciation of $7,286 and $7,019, respectively      2,450     2,514
Marketable securities                                21,997    22,383
Other assets                                            156       155
Deferred income taxes                                 5,388     5,352
Goodwill                                              1,239     1,239
Other intangible assets, net                            880     1,170
                                                    -------- ---------
Total assets                                        $91,235  $111,170
                                                    ======== =========

Liabilities and stockholders' equity
Current liabilities
Accounts payable                                       $258      $626
Accrued payroll                                       1,074     3,380
Accrued income taxes                                    324       603
Other accrued expenses                                3,917     4,130
Current portion of deferred revenue                  24,616    26,244
                                                    -------- ---------
Total current liabilities                            30,189    34,983
Accrued income taxes                                  3,325         -
Long-term portion of deferred revenue                 1,081     1,404
                                                    -------- ---------
Total liabilities                                    34,595    36,387

Stockholders' equity
Preferred stock , par value $0.01 per share; 1,000
 shares authorized, no shares outstanding                 -         -
Common stock , par value $0.01 per share; 50,000
 shares authorized; issued 29,576 and 29,258 shares,
 respectively and outstanding 23,420 and 23,956,
 respectively                                           296       293
Additional paid-in capital                           88,115    85,754
Treasury stock, 6,156 and 5,302 shares, respectively(73,443)  (49,176)
Accumulated other comprehensive loss                   (1,075)          (964)
Retained  earnings                                                                        42,747        38,876
                                                                                                        --------  ---------
Total  stockholders'  equity                                                      56,640        74,783
                                                                                                        --------  ---------
  Total  liabilities  and  stockholders'  equity                  $91,235    $111,170
                                                                                                        ========  =========
 






Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Featured Video
Jobs
Applications Engineer for intersil at Palm Bay, FL
Senior Formal FAE Location OPEN for EDA Careers at San Jose or Anywhere, CA
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, PA
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, CA
Upcoming Events
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
DVCon US 2018 at Double Tree Hotel San Jose CA - Feb 26 - 1, 2018
5th EAI International Conference on Big data and Cloud Computing Challenges at Vandalur, Kelambakkam high road chennai Tamil Nadu India - Mar 8 - 9, 2018
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise