| Fleetwood Enterprises Inc, | Year 2000 Annual Report | Financial Statements |
Consolidated Balance Sheets | ||||
| (Amounts in thousands) |
April 30, 2000 |
April 25, 1999 | ||
 | ||||
| Assets |
|
|||
| Cash |
$ 43,649 |
$ 25,602 | ||
| Marketable investments |
82,129 |
231,672 | ||
| Receivables |
268,096 |
245,847 | ||
| Inventories |
343,274 |
257,034 | ||
| Deferred tax benefits — current |
38,077 |
33,637 | ||
| Other current assets |
31,724 |
26,397 | ||
 | ||||
| Total current assets |
806,949 |
820,189 | ||
|
| ||||
| Property, plant and equipment |
312,067 |
303,934 | ||
| Marketable investments maturing after one year |
9,364 |
9,859 | ||
| Deferred tax benefits — non-current |
47,981 |
47,932 | ||
| Cash value of Company-owned life insurance |
65,610 |
64,880 | ||
| Goodwill |
254,974 |
247,681 | ||
| Other assets |
39,748 |
36,709 | ||
|
| ||||
|
$1,536,693 |
$1,531,184 | |||
|
| ||||
| Liabilities and Shareholders’ Equity |
|
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| Accounts payable |
$ 133,519 |
$ 138,261 | ||
| Employee compensation and benefits |
79,304 |
90,266 | ||
| Federal and state income taxes |
1,752 |
4,759 | ||
| Retail flooring liability |
113,271 |
125,275 | ||
| Other current liabilities |
162,551 |
156,159 | ||
|
| ||||
| Total current liabilities |
490,397 |
514,720 | ||
|
| ||||
| Deferred compensation and retirement benefits |
67,750 |
60,832 | ||
| Insurance reserves |
26,241 |
26,429 | ||
| Long-term debt |
80,000 |
55,000 | ||
|
| ||||
| Total liabilities |
664,388 |
656,981 | ||
|
| ||||
| Contingent liabilities |
|
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| Company-obligated manditorily redeemable convertible preferred securities of |
|
|||
| Fleetwood Capital Trust holding solely 6% convertible subordinated debentures of the Company |
287,500 |
287,500 | ||
| Shareholders’ equity: |
|
|||
| Preferred stock, $1 par value, authorized 10,000,000 shares, none outstanding |
– |
– | ||
| Common stock, $1 par value, authorized 75,000,000 shares, outstanding |
|
|||
| 32,712,000 at April 30, 2000 and 35,198,000 at April 25, 1999 |
32,712 |
35,198 | ||
| Capital surplus |
193,497 |
202,244 | ||
| Retained earnings |
361,261 |
351,769 | ||
| Accumulated other comprehensive income (loss) |
(2,665) |
(2,508) | ||
|
| ||||
|
584,805 |
586,703 | |||
|
| ||||
|
$1,536,693 |
$1,531,184 | |||
|
| ||||
| The accompanying notes are an integral part of these balance sheets |
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