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FLEETWOOD ENTERPRISES, INC.
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share data)
Click to go to the Excel version of Balance Sheets
  April 30,
2006		   April 24,
2005
ASSETS 
Cash   $ 123,141       $ 27,849    
Marketable investments   22,768     17,627  
Receivables   154,493     164,609  
Inventories   177,832     233,591  
Deferred taxes   18,847     25,762  
Assets of discontinued operations   —     145,784  
Other current assets   16,851     23,974  
    Total current assets   513,932     639,196  
Property, plant and equipment, net   217,458     232,125  
Deferred taxes   50,209     49,001  
Cash value of Company-owned life insurance   29,938     36,946  
Goodwill   6,316     6,316  
Other assets   44,182     46,663  
Total assets $ 862,035   $ 1,010,247  
LIABILITIES AND SHAREHOLDERS ’ EQUITY
Accounts payable $ 65,333   $ 75,551  
Employee compensation and benefits   53,267     59,036  
Federal and state income taxes   2,217     —  
Product warranty reserve   67,123     65,143  
Insurance reserves   17,531     18,888  
Other short-term borrowings   7,476     56,661  
Accrued interest   7,197     52,446  
Liabilities of discontinued operations   —     84,702  
Other current liabilities   67,728     82,290  
    Total current liabilities   287,872     494,717  
Deferred compensation and retirement benefits   33,609     38,771  
Insurance reserves   36,268     32,215  
Long-term debt   123,199     108,946  
Convertible subordinated debentures   210,142     210,142  
Total liabilities   691,090     884,791  
Commitments and contingencies
Shareholders’ equity:
    Preferred stock, $1 par value, authorized 10,000,000 shares, none
        outstanding		   —     —  
    Common stock, $1 par value, authorized 150,000,000 shares, outstanding
        63,878,000 shares at April 30, 2006, and 56,043,000 at April 24, 2005		   63,878     56,043  
    Additional paid-in capital   488,906     424,782  
    Accumulated deficit   (385,233 )    (356,796 ) 
    Accumulated other comprehensive income   3,394     1,427  
    170,945     125,456  
  $ 862,035   $ 1,010,247  

See accompanying notes to consolidated financial statements.

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