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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Jun. 30, 2011
Current Assets    
Cash and cash equivalents $ 123,833 $ 149,460
Short-term investment 594  
Accounts receivable - less allowance for doubtful accounts of $1,386 at December 31, 2011 and $766 at June 30, 2011 87,608 90,606
Inventories 142,578 126,430
Deferred income taxes 9,596 8,215
Prepaid and refundable income taxes 4,822 8,606
Prepaid and other current assets 9,708 12,223
Total Current Assets 378,739 395,540
Property, plant & equipment, net 150,000 138,135
Goodwill 84,785 64,262
Other intangible assets, net 42,819 28,732
Investments 15,938 15,458
Deferred income taxes 71 3
Other assets 6,145 5,072
Total Assets 678,497 647,202
Current Liabilities    
Accounts payable 26,581 25,065
Accrued compensation and benefits 25,162 33,889
Accrued income tax payable 2,251 5,290
Deferred income taxes 59 141
Other accrued liabilities 23,868 22,853
Current portion of long-term debt 3,888 3,729
Total Current Liabilities 81,809 90,967
Long-term debt 17,000 15,000
Deferred income taxes 4,968 6,641
Other liabilities 11,239 11,493
Total Liabilities 115,016 124,101
Shareholders' Equity    
Preferred stock, no par value; authorized - 5,000,000 shares; none issued      
Common stock, no par value; authorized - 300,000,000 shares; issued - 69,230,492 shares at December 31, 2011; 69,077,492 shares at June 30, 2011 168,902 159,186
Accumulated other comprehensive income 13,713 13,116
Retained earnings 410,231 378,365
Shareholders' equity excluding treasury stock 592,846 550,667
Treasury stock, at cost, 6,492,211 shares at December 31, 2011 and 6,393,659 shares at June 30, 2011 30,259 28,293
Total II-VI Incorporated Shareholders' Equity 562,587 522,374
Noncontrolling Interest 894 727
Total Shareholders' Equity 563,481 523,101
Total Liabilities and Shareholders' Equity $ 678,497 $ 647,202