XML 33 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS    
Cash and cash equivalents $ 39,164 $ 78,731
Accounts receivable, less reserves of $2,397 and $1,485, respectively 160,329 162,354
Inventories, net 116,494 120,645
Prepaid expenses and other current assets 33,725 28,393
Total current assets 349,712 390,123
Long-term assets:    
Property, plant and equipment, net 121,279 124,802
Other assets:    
Intangible assets, net 92,367 102,731
Goodwill 64,706 68,808
Investments and other long-term assets, net 12,456 11,193
Total long-term assets 290,808 307,534
Total assets 640,520 697,657
LIABILITIES AND SHAREHOLDERS' EQUITY    
Current portion of debt 37,076 44,246
Revolving credit facilities 26,065 39,181
Accounts payable 84,931 83,859
Accrued expenses and other current liabilities 54,032 91,417
Total current liabilities 202,104 258,703
Long-term liabilities:    
Long-term debt 181,807 183,711
Deferred income taxes 66,912 69,110
Other long-term liabilities 5,312 5,494
Total long-term liabilities 254,031 258,315
Shareholders' equity:    
Preferred Shares, without par value, authorized 5,000 shares, none issued 0 0
Common Shares, without par value, authorized 60,000 shares, issued 28,433 and 27,097 shares and outstanding 28,054 and 26,222 shares, respectively, with no stated value 0 0
Additional paid-in capital 182,373 170,775
Common Shares held in treasury, 379 and 875 shares, respectively, at cost (1,866) (1,870)
Accumulated deficit (25,942) (28,263)
Accumulated other comprehensive loss (14,475) (9,615)
Total Stoneridge Inc. and subsidiaries shareholders' equity 140,090 131,027
Noncontrolling interest 44,295 49,612
Total shareholders' equity 184,385 180,639
Total liabilities and shareholders' equity $ 640,520 $ 697,657