American Greetings

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Issue:

Business

 

Written by:

Larry A

 

Date added:

January 17, 2016

 

Level:

University

 

Grade:

B

 

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2 / 401

 

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4212 times

 

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Balance Sheet (1986 - 1990) 1986 1987 1988 1989 1990 Assets Current Assets Cash and Equivalents $26,853 $17,225 $36,534 $94,292 $122,669 Trade Accounts Receivables, Less Allowances for Sales Returns and Doubtful Accounts 240,471 284,135 278,559 242,582 254,285 Inventories Raw Material 59,343 56,057 56,122 48,478 51,075 Work in Process 60,179 69,668 61,406 51,625 42,139 Finished Products 181,237 202,412 245,801 197,618 208,918 300,759 328,137 363,329 297,721 302,132 Less LIFO Reserve 76,552 75,392 77,274 83,017 85,226 224,207 252,745 286,055 214,704 216,906 Display Material and Factory Supplies 26,826 29,770 30,299 25,192 25,408 Total Inventories 251,033 282,515 316,354 239,896 242,314 Deferred Income Taxes 36,669 26,593 39,935 49,542 51,315 Prepaid Expenses and Other 6,228 9,679 8,672 11,020 10,362 Total Current Assets 561,254 620,147 680,054 637,332 680,945 Other Assets 47,085 89,488 95,752 92,285 107,788 PP&E Land 7,523 7,956 7,548 6,471 6,229 Buildings 165,241 183,481 223,491 216,545 215,458 Equipment and Fixtures 222,718 269,644 319,353 340,233 354,979 395,482 461,081 550,392 563,249 576,666 Less Accumulated Depreciation & Amortization 130,519 148,097 175,917 205,246 224,383 PP&E (net) 264,963 312,984 374,475 358,003 352,283 Total Assets $873,302 $1,022,619 $1,150,281 $1,087,620 $1,141,016 Liabilities and Shareholders' Equity Current Liabilities Notes Payable to Banks $15,921 $25,092 $13,956 $17,201 $36,524 Accounts Payable 66,685 69,175 98,270 79,591 75,146 Payrolls and Payroll Taxes 28,675 31,230 33,759 38,839 10,878 Retirement Plans 11,697 10,966 4,148 8,573 10,878 State and Local Taxes 2,763 3,056 0 0 0 Dividends Payable 5,317 5,343 5,338 5,311 5,281 Income Taxes 18,988 0 13,782 6,693 6,430 Sales Returns 23,889 29,964 28,273 24,543 21,182 Current Maturities of Long Term Debt 4,786 10,894 54,150 3,740 0 Total Current Liabilities 178,721 185,720 251,676 184,491 200,756 Long-Term Debt 147,592 235,005 273,492 246,732 235,497 Deferred Income Taxes 64,025 77,451 86,426 91,409 100,159 Shareholders' Equity Common Shares - Par Value $1 Class A 29,203 29,552 29,628 29,692 29,946 Class B 2,982 2,588 2,528 2,497 2,063 Capital in Excess of Par Value 94,744 102,718 104,209 105,245 110,234 Shares Held in Treasury (1,689) (15,409) (14,199) (14,767) (26,692) Cumulative Translation Adjustment (16,801) (11,604) (7,564) (4,790) (8,186) Retained Earnings 374,525 416,598 424,085 447,111 497,239 Total Shareholders' Equity 482,964 524,443 538,687 564,988 604,604 Total Liabilities and Shareholders' Equity $873,302 $1,022,619 $1,150,281 $1,087,620 $1,141,016 1986 1987 1988 1989 1990 Current Assets $561,254 $620,147 $680,054 $637,332 $680,945 Long Term Assets $312,048 $402,472 $470,227 $450,288 $460,071 1986 1987 1988 1989 1990 Current Liabiliities $178,721 $185,720 $251,676 $184,491 $200,756 Long Term Liabilities $211,617 $312,456 $359,918 $338,141 $335,656 Shareholders' Equity $482,964 $524,443 $538,687 $564,988 $604,604
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Balance Sheet (1986 - 1990) 1986 1987 1988 1989 1990 Assets Current Assets Cash and Equivalents $26,853 $17,225 $36,534 $94,292 $122,669 Trade Accounts Receivables, Less Allowances for Sales Returns and Doubtful Accounts 240,471 284,135 278,559 242,582 254,285 Inventories Raw Material 59,343 56,057 56,122 48,478 51,075 Work in Process 60,179 69,668 61,406 51,625 42,139 Finished Products 181,237 202,412 245,801 197,618 208,918 300,759 328,137 363,329 297,721 302,132 Less LIFO Reserve 76,552 75,392 77,274 83,017 85,226 224,207 252,745 286,055 214,704 216,906 Display Material and Factory Supplies 26,826 29,770 30,299 25,192 25,408 Total Inventories 251,033 282,515 316,354 239,896 242,314 Deferred Income Taxes 36,669 26,593 39,935 49,542 51,315 Prepaid Expenses and Other 6,228 9,679 8,672 11,020 10,362 Total Current Assets 561,254 620,147 680,054 637,332 680,945 Other Assets 47,085 89,488 95,752 92,285 107,788 PP&E Land 7,523 7,956 7,548 6,471 6,229 Buildings 165,241 183,481 223,491 216,545 215,458 Equipment and Fixtures 222,718 269,644 319,353 340,233 354,979 395,482 461,081 550,392 563,249 576,666 Less Accumulated Depreciation & Amortization 130,519 148,097 175,917 205,246 224,383 PP&E (net) 264,963 312,984 374,475 358,003 352,283 Total Assets $873,302 $1,022,619 $1,150,281 $1,087,620 $1,141,016 Liabilities and Shareholders' Equity Current Liabilities Notes Payable to Banks $15,921 $25,092 $13,956 $17,201 $36,524 Accounts Payable 66,685 69,175 98,270 79,591 75,146 Payrolls and Payroll Taxes 28,675 31,230 33,759 38,839 10,878 Retirement Plans 11,697 10,966 4,148 8,573 10,878 State and Local Taxes 2,763 3,056 0 0 0 Dividends Payable 5,317 5,343 5,338 5,311 5,281 Income Taxes 18,988 0 13,782 6,693 6,430 Sales Returns 23,889 29,964 28,273 24,543 21,182 Current Maturities of Long Term Debt 4,786 10,894 54,150 3,740 0 Total Current Liabilities 178,721 185,720 251,676 184,491 200,756 Long-Term Debt 147,592 235,005 273,492 246,732 235,497 Deferred Income Taxes 64,025 77,451 86,426 91,409 100,159 Shareholders' Equity Common Shares - Par Value $1 Class A 29,203 29,552 29,628 29,692 29,946 Class B 2,982 2,588 2,528 2,497 2,063 Capital in Excess of Par Value 94,744 102,718 104,209 105,245 110,234 Shares Held in Treasury (1,689) (15,409) (14,199) (14,767) (26,692) Cumulative Translation Adjustment (16,801) (11,604) (7,564) (4,790) (8,186) Retained Earnings 374,525 416,598 424,085 447,111 497,239 Total Shareholders' Equity 482,964 524,443 538,687 564,988 604,604 Total Liabilities and Shareholders' Equity $873,302 $1,022,619 $1,150,281 $1,087,620 $1,141,016 1986 1987 1988 1989 1990 Current Assets $561,254 $620,147 $680,054 $637,332 $680,945 Long Term Assets $312,048 $402,472 $470,227 $450,288 $460,071 1986 1987 1988 1989 1990 Current Liabiliities $178,721 $185,720 $251,676 $184,491 $200,756 Long Term Liabilities $211,617 $312,456 $359,918 $338,141 $335,656 Shareholders' Equity $482,964 $524,443 $538,687 $564,988 $604,604
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