HEARTWARE INTERNATIONAL, INC. | ||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||
(in thousands) (unaudited) | ||||||
March 31, 2011 | December 31, 2010 | |||||
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | $ 156,077 | $ 192,148 | ||||
Short-term investments, net | 57,976 | 21,330 | ||||
Accounts receivable, net | 14,116 | 19,053 | ||||
Inventories, net | 17,342 | 15,077 | ||||
Prepaid expenses and other current assets | 2,808 | 2,406 | ||||
Total current assets | 248,319 | 250,014 | ||||
Property, plant and equipment, net | 8,336 | 7,484 | ||||
Other intangible assets, net | 1,704 | 1,596 | ||||
Long-term investments, net | - | 4,006 | ||||
Deferred financing costs, net | 2,871 | 2,939 | ||||
Restricted cash | 1,538 | 1,538 | ||||
Total assets | $ 262,768 | $ 267,577 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||
Current liabilities: | ||||||
Accounts payable | $ 2,544 | $ 3,890 | ||||
Accrued expenses and other current liabilities | 8,225 | 7,001 | ||||
Total current liabilities | 10,769 | 10,891 | ||||
Convertible senior notes, net | 90,200 | 88,922 | ||||
Stockholders' equity | 161,799 | 167,764 | ||||
Total liabilities and stockholders' equity | $ 262,768 | $ 267,577 | ||||
