Print Page  Close Window

SEC Filings

8-K
ACETO CORP filed this Form 8-K on 11/03/2017
Entire Document
 << Previous Page | Next Page >>

 

 

Aceto Corporation and Subsidiaries

Consolidated Balance Sheets

(in thousands, except per-share amounts)

 

   (unaudited)     
   September 30,
2017
   June 30,
2017
 
Assets          
Current Assets:          
Cash and cash equivalents  $72,100   $55,680 
Investments   3,048    2,046 
Trade receivables: less allowance for doubtful accounts: September 30, 2017 $476; and June 30, 2017 $485   240,620    260,889 
Other receivables   11,897    12,066 
Inventory   135,119    136,387 
Prepaid expenses and other current assets   4,916    3,941 
Deferred income tax asset, net   -    546 
           
Total current assets   467,700    471,555 
           
Property and equipment, net   11,569    10,428 
Property held for sale   6,250    7,152 
Goodwill   237,004    236,970 
Intangible assets, net   277,247    285,081 
Deferred income tax asset, net   10,991    19,453 
Other assets   7,212    7,546 
           
Total Assets  $1,017,973   $1,038,185 
           
Liabilities and Shareholders' Equity          
           
Current liabilities:          
Current portion of long-term debt  $14,482   $14,466 
Accounts payable   98,013    90,011 
Accrued expenses   114,654    118,328 
Total current liabilities   227,149    222,805 
           
Long-term debt, net   317,097    339,200 
Long-term liabilities   62,743    61,449 
Environmental remediation liability   1,754    2,339 
Deferred income tax liability   -    7,325 
Total liabilities   608,743    633,118 
           
Commitments and contingencies          
           
Shareholders' equity:          
Preferred stock, 2,000 shares authorized; no shares issued and outstanding   -    - 
Common stock, $.01 par value: (75,000 shares authorized; 30,581 and 30,094 shares issued and outstanding at September 30, 2017 and June 30, 2017, respectively)   306    301 
Capital in excess of par value   217,439    214,198 
Retained earnings   194,171    195,680 
Accumulated other comprehensive loss   (2,686)   (5,112)
Total shareholders' equity   409,230    405,067 
           
Total liabilities and shareholders' equity  $1,017,973   $1,038,185 

 

 7 
 << Previous Page | Next Page >>