CABOT MICROELECTRONICS CORPORATION CCMP Balance Sheet

Cabot microelectronics corporation (CCMP)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Sep'09
ASSETS
Current assets:
Cash and cash equivalents
340,702	194,328	188,495	168,678	208,880	352,921	186,124	461,434	377,230	397,890	363,902	343,683	305,714	287,479	243,087	226,388	218,118	354,190	338,693	333,651	295,429	284,155	265,515	239,147	246,463	226,029	201,611	188,354	169,619	178,459	166,896	155,062	293,628	302,546	292,939	278,334	262,951	254,164	250,069	199,952
Available-for-sale securities
-	-	-	-	-	-	124,455	-	48,272	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, less allowance for doubtful accounts of $2,718 at March 31, 2020 and $2,377 at September 30, 2019
151,959	144,741	146,113	135,235	138,580	75,886	74,017	70,086	69,871	64,793	66,338	59,438	66,828	62,830	55,840	52,087	54,998	49,405	49,994	55,812	61,365	60,693	55,375	53,133	52,078	54,640	55,921	51,220	63,247	53,506	57,428	50,802	50,432	52,747	56,989	60,049	62,740	57,456	55,673	53,538
Inventories
157,872	156,140	145,278	145,783	138,377	71,926	77,302	76,813	73,982	71,873	70,759	69,778	71,088	72,123	74,645	76,325	76,179	70,678	67,592	64,273	62,618	64,979	70,904	71,574	66,118	63,786	64,531	66,075	62,879	66,472	58,795	56,818	57,747	56,128	54,747	55,608	54,246	51,896	50,179	44,940
Prepaid expenses and other current assets
25,768	31,634	28,670	25,296	39,310	22,048	29,008	22,853	18,688	16,426	16,803	15,807	13,679	14,398	17,798	16,716	15,163	12,840	15,037	21,761	16,940	10,645	12,917	18,152	24,331	10,684	12,721	13,546	8,820	12,608	11,160	10,281	9,434	14,735	24,562	23,045	11,721	13,973	16,593	14,428
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,395	7,762	8,050	8,105	7,521	8,120	7,941	7,746	7,659	6,441	6,851	6,345	6,843	5,651	5,574	4,270	4,249	4,560	4,308	4,369	3,540	3,849	3,994
Total current assets
676,301	526,843	508,556	474,992	525,147	522,781	490,906	631,186	588,043	550,982	517,802	488,706	457,309	436,830	391,370	371,516	364,458	494,508	479,078	483,547	444,457	427,993	412,831	389,947	396,736	362,798	341,225	326,046	310,910	317,888	299,930	278,537	415,511	430,405	433,797	421,344	396,027	381,029	376,363	316,852
Property, plant and equipment, net
320,846	296,724	276,818	266,391	262,447	111,403	108,569	109,292	107,748	106,361	106,162	109,042	102,999	106,496	105,457	104,315	101,537	93,743	94,072	94,508	95,299	100,821	105,944	106,178	109,514	111,985	109,777	112,632	119,390	125,020	124,012	125,751	129,783	130,791	125,381	117,336	115,857	115,811	115,058	122,782
Goodwill
709,823	717,313	710,071	708,390	706,108	101,083	101,059	102,915	102,740	101,932	101,812	101,786	99,404	100,639	95,711	95,645	95,703	40,442	42,688	42,289	41,866	43,245	43,882	43,114	43,801	44,306	43,460	43,916	44,982	44,620	43,693	42,324	41,468	41,148	43,080	42,477	42,758	40,436	39,322	39,732
Other intangible assets, net
708,659	737,076	754,044	838,034	871,220	35,202	36,982	38,761	40,742	42,710	44,643	46,580	48,433	50,476	59,583	61,657	63,757	4,565	5,326	5,878	6,418	7,163	7,849	8,347	9,060	9,785	10,295	11,025	11,884	12,473	12,848	13,606	14,067	14,651	15,852	16,365	17,130	17,089	16,970	18,741
Deferred income taxes
6,607	6,634	6,566	5,612	5,567	5,840	13,067	6,293	7,649	21,598	19,528	20,173	20,925	20,747	16,342	16,617	15,615	12,212	9,282	7,537	8,494	11,353	8,784	8,599	6,085	10,291	7,903	4,500	6,713	5,879	2,805	3,093	1,903	862	0	1,295	3,423	8,044	10,377	7,953
Other long-term assets
37,724	35,819	5,711	5,658	10,239	4,664	8,899	10,526	11,077	10,517	11,327	11,815	11,928	12,042	13,411	14,836	15,615	15,004	17,390	10,683	11,540	10,592	10,688	10,332	10,529	12,427	12,726	12,733	11,902	11,945	12,452	12,394	10,540	10,372	10,718	10,690	9,643	9,347	9,296	9,084
Total assets
2,459,960	2,320,409	2,261,766	2,299,077	2,380,728	780,973	759,482	898,973	857,999	834,100	801,274	778,102	740,998	727,230	681,874	664,586	656,685	660,474	647,836	644,442	608,074	601,167	589,978	566,517	575,725	551,592	525,386	510,852	505,781	517,825	495,740	475,705	613,272	628,229	628,828	609,507	584,838	571,756	567,386	515,144
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
58,803	49,485	54,529	46,758	54,012	18,171	18,290	18,216	14,974	17,624	15,958	12,345	19,575	16,834	13,840	16,273	13,802	15,448	16,293	16,019	13,137	15,304	12,428	14,331	15,825	16,663	14,778	13,913	15,020	19,542	17,699	14,134	19,434	22,436	18,543	16,330	16,530	17,521	19,469	15,182
Short-term debt
150,000	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
10,650	10,650	13,313	13,313	10,650	0	0	13,125	16,406	10,938	9,844	9,844	10,938	7,656	9,844	8,750	8,750	8,750	8,750	8,750	8,750	8,750	8,750	13,125	12,031	10,938	12,031	10,938	8,750	10,937	10,938	8,750	-	0	-	-	-	-	-	-
Capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2	4	7	9	10	340	664	983	1,296	1,274	1,210
Accrued expenses, income taxes payable and other current liabilities
109,389	98,022	103,618	95,261	100,400	82,983	72,009	62,492	58,720	62,651	49,295	42,924	39,385	41,395	33,997	34,455	29,464	36,446	33,178	31,615	31,832	31,394	27,465	24,191	28,503	40,620	32,612	29,411	26,755	32,738	26,476	21,301	19,499	33,104	31,053	24,420	20,208	34,513	36,221	23,144
Total current liabilities
328,842	158,157	171,460	155,332	165,062	101,154	90,299	93,833	90,100	91,213	75,097	65,113	69,898	65,885	57,681	59,478	52,016	60,644	58,221	56,384	53,719	55,448	48,643	51,647	56,359	68,221	59,421	54,262	50,525	63,219	55,117	44,192	38,942	55,550	49,936	41,414	37,721	53,330	56,964	39,536
Long-term debt, net of current portion, less prepaid debt issuance costs of $16,420 at March 31, 2020 and $17,900 at September 30, 2019
914,617	926,541	928,463	930,370	1,034,180	0	0	124,373	124,310	132,997	137,309	140,527	143,745	146,961	147,656	150,938	153,125	155,313	157,500	159,688	161,875	164,063	166,250	144,375	147,657	150,937	154,219	157,500	159,687	161,875	164,062	166,250	-	0	-	-	-	-	-	-
Deferred income taxes
112,780	128,549	121,993	144,704	154,706	81	62	65	63	63	64	62	61	75	64	66	64	76	118	294	355	510	1,018	1,097	1,397	1,559	1,517	1,661	3,553	2,017	-	-	-	0	3,131	-	-	-	-	-
Capital lease obligations, net of current portion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	19	20	0	0	2	4	7	9	12	344	1,308
Other long-term liabilities
94,311	77,163	59,473	43,338	18,613	13,046	34,940	45,191	41,858	14,790	13,782	14,789	13,939	16,661	17,500	16,979	15,368	15,477	14,590	9,727	9,080	9,144	9,525	9,075	7,706	7,433	7,408	7,286	6,890	7,104	6,933	6,673	6,757	6,323	5,922	5,416	4,358	4,071	4,024	3,571
Total liabilities
1,450,550	1,290,410	1,281,389	1,273,744	1,372,561	114,281	125,301	263,462	256,331	239,063	226,252	220,491	227,643	229,582	222,901	227,461	220,573	231,510	230,429	226,093	225,029	229,165	225,436	206,194	213,119	228,150	222,565	220,709	220,655	234,234	226,132	217,115	45,699	61,875	58,993	46,837	42,088	57,413	61,332	44,415
Commitments and contingencies (Note 13)
-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	-	-	0	-	-
Stockholders’ equity:
Common Stock Authorized: 200,000,000 shares, $0.001 par value; Issued: 39,854,529 shares at March 31, 2020, and 39,592,468 shares at September 30, 2019
40	40	40	39	39	36	36	36	35	35	35	35	35	34	34	34	33	33	33	33	33	32	32	32	31	30	30	30	29	29	29	29	28	28	28	27	27	26	26	26
Capital in excess of par value of common stock
1,008,311	995,191	988,980	979,940	964,885	622,498	615,543	609,104	593,258	580,938	573,895	567,250	548,757	530,840	512,939	509,052	503,091	495,673	490,165	486,017	454,123	437,266	432,671	423,180	415,107	376,206	361,516	350,251	337,566	329,782	320,793	316,370	282,786	278,360	274,546	267,698	244,244	228,103	224,665	213,031
Retained earnings
508,126	488,187	461,501	494,009	472,585	471,673	433,818	408,992	389,645	397,881	376,483	361,652	348,475	330,776	314,511	300,172	295,397	284,088	271,555	261,669	247,858	227,942	211,896	202,229	192,134	177,191	164,057	148,564	139,144	129,441	117,802	104,560	445,844	435,429	426,140	413,351	400,259	383,767	368,477	334,309
Accumulated other comprehensive income (loss)
-40,648	-3,616	-23,238	-6,847	6,713	4,539	6,114	15,201	11,246	3,949	4,049	6,683	-7,352	9,556	4,084	462	-4,962	-6,090	393	359	754	9,255	16,019	12,375	12,827	17,436	14,638	18,715	25,770	30,466	27,111	23,755	24,990	24,127	26,599	24,065	25,669	18,538	13,977	13,690
Treasury stock at cost, 10,672,652 shares at March 31, 2020, and 10,491,252 shares at September 30, 2019
466,419	449,803	446,906	441,808	436,055	432,054	421,330	397,822	392,516	387,766	379,440	378,009	376,560	373,558	372,595	372,595	357,447	344,740	344,739	329,729	319,723	302,493	296,076	277,493	257,493	247,421	237,420	227,417	217,383	206,127	196,127	186,124	186,075	171,590	157,478	142,471	127,449	116,091	101,091	90,327
Total stockholders’ equity
1,009,410	1,029,999	980,377	1,025,333	1,008,167	666,692	634,181	635,511	601,668	595,037	575,022	557,611	513,355	497,648	458,973	437,125	436,112	428,964	417,407	418,349	383,045	372,002	364,542	360,323	362,606	323,442	302,821	290,143	285,126	283,591	269,608	258,590	567,573	566,354	569,835	562,670	542,750	514,343	506,054	470,729
Total liabilities and stockholders’ equity
2,459,960	2,320,409	2,261,766	2,299,077	2,380,728	780,973	759,482	898,973	857,999	834,100	801,274	778,102	740,998	727,230	681,874	664,586	656,685	660,474	647,836	644,442	608,074	601,167	589,978	566,517	575,725	551,592	525,386	510,852	505,781	517,825	495,740	475,705	613,272	628,229	628,828	609,507	584,838	571,756	567,386	515,144