v2.0.0.6
Consolidated Balance Sheets (USD $)
In Thousands
Dec. 26, 2009
Dec. 27, 2008
Current assets:
Cash and cash equivalents $ 1,091,581 $ 696,335
Marketable securities (Note 3) 19,583 12,886
Accounts receivable, less allowance for doubtful accounts of $36,673 in 2009 and $42,409 in 2008 874,110 741,321
Inventories, net 309,938 425,312
Deferred income taxes (Note 6) 59,189 49,825
Prepaid expenses and other current assets 39,470 58,746
Total current assets 2,393,871 1,984,425
Property and equipment, net
Land and improvements 92,088 88,272
Building and improvements 268,011 244,804
Office furniture and equipment 84,544 72,665
Manufacturing equipment 115,179 113,956
Engineering equipment 65,240 59,009
Vehicles 15,247 14,698
Total property and equipment, cost 640,309 593,404
Accumulated depreciation (198,971) (148,152)
Property and equipment, net 441,338 445,252
Restricted cash (Note 4) 2,047 1,941
Marketable securities (Note 3) 746,464 262,009
License agreements, net 15,400 16,013
Noncurrent deferred income tax (Note 6) 20,498 9,840
Other intangible assets 206,256 214,941
Total assets 3,825,874 2,934,421
Current liabilities:
Accounts payable 203,388 160,094
Salaries and benefits payable 45,236 34,241
Accrued warranty costs 87,424 87,408
Accrued sales program costs 119,150 90,337
Deferred revenue 27,910 680
Accrued royalty costs 103,195 30,941
Accrued advertising expense 34,146 31,071
Other accrued expenses 40,373 24,329
Income taxes payable 22,846 20,075
Total current liabilities 683,668 479,176
Deferred income taxes (Note 6) 10,170 13,910
Non-current income taxes 255,748 214,366
Non-current deferred revenue 38,574 0
Other liabilities 1,267 1,115
Stockholders' equity:
Common stock, $0.005 par value, 1,000,000,000 shares authorized (Notes 9, 10, and 11): Issued and outstanding shares - 200,274,000 in 2009, and 200,363,000 in 2008 1,001 1,002
Additional paid-in capital 32,221 0
Retained earnings (Note 2) 2,816,607 2,262,503
Accumulated other comprehensive gain/(loss) (13,382) (37,651)
Total stockholders' equity 2,836,447 2,225,854
Total liabilities and stockholders' equity $ 3,825,874 $ 2,934,421