Balance Sheet(in thousands)Sunday, September 30, 2012Monday, September 30, 2013Difference between 2012 & 2013% Difference 2012 & 2013Tuesday, September 30, 2014Difference between 2013 & 2014% of Difference 2013 & 2014ASSETS Current assets: Cash and cash equivalents $108,950$98,050($10,900)-10%$107,890$118,79010%Restricted cash—current portion Niit 1: Restricted funds are deposited in a separate account for a specific purpose, such as debt servicing.$190$110($80)-42%$1,110$1,000909%Accounts receivable, less allowance for doubtful accounts Niit 1: Accounts receivable refers to the amounts owed to the organization by customers for products and services that have been used by the customers, but not yet paid for. This amount is the net of an allowance account. The allowance for a doubtful account is an estimate made by management to estimate the amount that will be uncollectable.$56,501$49,200($7,301)-13%$75,510$26,31053%Inventories $115,559$49,089($66,470)-58%$49,786$6971%Income taxes receivable Niit 1: Income tax receivable and income tax payable adjust for temporary differences between generally accepted accounting principles reporting and reporting for Internal Revenue Service tax purposes.$879$348($531)-60%$698$350101%Deferred income taxes $9,300$8,950($350)-4%$8,650($300)-3%Other current assets $1,300$645($655)-50%$2,000$1,355210%Total current assets Niit 1: Current assets are those assets that can be converted into cash within 12 months.$292,679$206,392($86,287)-29%$245,644$39,25219%Property, plant and equipment, net Niit 1: Property, plan and equipment, and net are fixed assets net of accumulated depreciation.$177,302$226,820$49,51828%$228,075$1,2551%Deferred income taxes—long-term portion $59,522$58,843($679)-1%$47,200($11,643)-20%Prepayments and deferred charges $3,212$2,670($542)-17%$3,753$1,08341%Restricted cash—long-term portion $110$110$00%–– ERROR:#VALUE!ERROR:#VALUE!Other intangible assets including Goodwill, net Niit 1: Intangible assets are the long-term resources of an entity but have no physical existence. They derive their value from intellectual or legal rights and the value they add to the organization. Examples include patents and trademarks. Goodwill is a type of intangible asset that arises when the company acquires another firm and pays more for it than its net assets marked to fair value.$36,951$13,214($23,737)-64%$12,900($314)-2%Total assets Niit 1: Assets represent resources owned by the organization.$569,775$508,049($61,726)-11%$537,572$29,5246%LIABILITIES AND STOCKHOLDERS’ EQUITY Liabilities Accounts payable Niit 1: Accounts payable (A/P) represent unpaid bills or amounts that are owed to suppliers (trade creditors). Accounts payable are shown under current, or short-term, liabilities because they are to be paid quickly, generally within ten to forty-five days.$40,506$41,970$1,4644%$54,284$12,31429%Accrued expenses Niit 1: Accrued expenses (such as wages, salaries, and utility charges) are expense ...

1. Balance Sheet(in thousands)Sunday, September 30,
2012Monday, September 30, 2013Difference between 2012 &
2013% Difference 2012 & 2013Tuesday, September 30,
2014Difference between 2013 & 2014% of Difference 2013 &
2014ASSETS Current assets: Cash and cash equivalents
$108,950$98,050($10,900)-
10%$107,890$118,79010%Restricted cash—current portion
Niit 1: Restricted funds are deposited in a separate account for a
specific purpose, such as debt servicing.$190$110($80)-
42%$1,110$1,000909%Accounts receivable, less allowance for
doubtful accounts
Niit 1: Accounts receivable refers to the amounts owed to the
organization by customers for products and services that have
been used by the customers, but not yet paid for. This amount is
the net of an allowance account. The allowance for a doubtful
account is an estimate made by management to estimate the
amount that will be uncollectable.$56,501$49,200($7,301)-
13%$75,510$26,31053%Inventories $115,559$49,089($66,470)-
58%$49,786$6971%Income taxes receivable
Niit 1: Income tax receivable and income tax payable adjust for
temporary differences between generally accepted accounting
principles reporting and reporting for Internal Revenue Service
tax purposes.$879$348($531)-60%$698$350101%Deferred
income taxes $9,300$8,950($350)-4%$8,650($300)-3%Other
current assets $1,300$645($655)-50%$2,000$1,355210%Total
current assets
Niit 1: Current assets are those assets that can be converted into
cash within 12 months.$292,679$206,392($86,287)-
29%$245,644$39,25219%Property, plant and equipment, net

2. Niit 1: Property, plan and equipment, and net are fixed assets
net of accumulated
depreciation.$177,302$226,820$49,51828%$228,075$1,2551%D
eferred income taxes—long-term portion
$59,522$58,843($679)-1%$47,200($11,643)-20%Prepayments
and deferred charges $3,212$2,670($542)-
17%$3,753$1,08341%Restricted cash—long-term portion
$110$110$00%–– ERROR:#VALUE!ERROR:#VALUE!Other
intangible assets including Goodwill, net
Niit 1: Intangible assets are the long-term resources of an entity
but have no physical existence. They derive their value from
intellectual or legal rights and the value they add to the
organization. Examples include patents and trademarks.
Goodwill is a type of intangible asset that arises when the
company acquires another firm and pays more for it than its net
assets marked to fair value.$36,951$13,214($23,737)-
64%$12,900($314)-2%Total assets
Niit 1: Assets represent resources owned by the
organization.$569,775$508,049($61,726)-
11%$537,572$29,5246%LIABILITIES AND STOCKHOLDERS’
EQUITY Liabilities Accounts payable
Niit 1: Accounts payable (A/P) represent unpaid bills or
amounts that are owed to suppliers (trade creditors). Accounts
payable are shown under current, or short-term, liabilities
because they are to be paid quickly, generally within ten to
forty-five
days.$40,506$41,970$1,4644%$54,284$12,31429%Accrued
expenses
Niit 1: Accrued expenses (such as wages, salaries, and utility
charges) are expenses that are incurred during the period but not
paid. They are shown in the balance sheet as a current, or short-
term,

3. liability.$13,037$17,890$4,85337%$21,780$3,89022%Accrued
pension and postretirement benefits
$23,960$27,890$3,93016%$18,758($9,132)-33%Deferred
revenue—current portion
Niit 1: Deferred revenue represents payments made by
customers for goods and services for which the sales transaction
is still incomplete (such as annual software license
fee).$2,001$2,500$49925%$2,500$00%Current maturities of
long-term obligations $109$110$11%$1,009$899817%Total
current liabilities
Niit 1: Current liabilities are bills and obligations that arise in
the normal course of a business and are due for payment within
a year.$79,613$90,360$10,74713%$98,331$7,9719%Long-term
obligations (less current portion)
Niit 1: Long-term obligations are those debts and obligations
which will not be paid off at the end of the current financial
year.$1,580$1,482($98)-6%$5,434$3,952267%Deferred revenue
(less current portion) $59,509$36,070($23,439)-
39%$39,250$3,1809%Non-current income taxes payable
$397$292($105)-26%$308$165%Accrued pension and
postretirement benefits
$156,900$169,870$12,9708%$170,802$9321%Total liabilities
Niit 1: Total liabilities represent total debts and obligations of
the company including both current and noncurrent
liabilities.$297,999$298,074$750%$314,125$16,0515%Stockhol
ders’ equity:
Niit 1: Equity represents ownership, which is the value of the
company—assets minus
liabilities.$0ERROR:#DIV/0!$0ERROR:#DIV/0!Common stock,
$0.001 par value (40,000,000 shares authorized)

4. Niit 1: Common stock is assigned a prorated proportional value
of the organization to shareholders. Common stock is assigned a
legally established value, which is the par value. When stock is
issued for more than the par value, the difference is assigned to
additional paid-in capital.$11$12$19%$13$18%Additional paid-
in capital
$223,220$227,650$4,4312%$237,989$10,3395%Retained
Earnings (Accumulated Loss)
Niit 1: Retained earnings is the cumulative earning (or losses)
of the company less the dividends paid, if
any.$48,246($17,687)($65,933)-137%($14,855)$2,832-
16%Total stockholders’ equity
Niit 1: Total stockholders’ equity is the total value attributed to
the ownership of the company.$271,477$209,975($61,502)-
23%$223,147$13,1726%Total liabilities and stockholders’
equity
Niit 1: Total liabilities and stockholders’ equity is the sum of
liabilities and equity.
Niit 1: Restricted funds are deposited in a separate account for a
specific purpose, such as debt servicing.
Niit 1: Accounts receivable refers to the amounts owed to the
organization by customers for products and services that have
been used by the customers, but not yet paid for. This amount is
the net of an allowance account. The allowance for a doubtful
account is an estimate made by management to estimate the
amount that will be uncollectable.
Niit 1: Income tax receivable and income tax payable adjust for
temporary differences between generally accepted accounting
principles reporting and reporting for Internal Revenue Service
tax purposes.

5. Niit 1: Current assets are those assets that can be converted into
cash within 12 months.
Niit 1: Property, plan and equipment, and net are fixed assets
net of accumulated depreciation.
Niit 1: Intangible assets are the long-term resources of an entity
but have no physical existence. They derive their value from
intellectual or legal rights and the value they add to the
organization. Examples include patents and trademarks.
Goodwill is a type of intangible asset that arises when the
company acquires another firm and pays more for it than its net
assets marked to fair value.
Niit 1: Assets represent resources owned by the organization.
Niit 1: Accounts payable (A/P) represent unpaid bills or
amounts that are owed to suppliers (trade creditors). Accounts
payable are shown under current, or short-term, liabilities
because they are to be paid quickly, generally within ten to
forty-five days.
Niit 1: Accrued expenses (such as wages, salaries, and utility
charges) are expenses that are incurred during the period but not
paid. They are shown in the balance sheet as a current, or short-
term, liability.
Niit 1: Deferred revenue represents payments made by
customers for goods and services for which the sales transaction
is still incomplete (such as annual software license fee).
Niit 1: Current liabilities are bills and obligations that arise in
the normal course of a business and are due for payment within
a year.

6. Niit 1: Long-term obligations are those debts and obligations
which will not be paid off at the end of the current financial
year.
Niit 1: Total liabilities represent total debts and obligations of
the company including both current and noncurrent liabilities.
Niit 1: Equity represents ownership, which is the value of the
company—assets minus liabilities.$569,475$508,049($61,426)-
11%$537,272$29,2236%
Income StatementFor the period ending:Sunday, September 30,
2012 Monday, September 30,2013 Difference bewtween 2012 &
2013 % Difference 2012 & 2013Tuesday, September 30,
2014Difference between 2013 & 2014% Difference 2013 &
2014Net Revenues (dollars in 000s)Computer component
Manufacturing$248,790$188,906($59,884)-
24%$149,088($39,818)-21%Auto Compnents
Manfacturing$165,498$129,540($35,958)-
22%$109,098($20,442)-16%Other
markets$86,995$53,237($33,758)-39%$60,279$7,04213%Total
Business Unit Revenue
Niit 1: Total business unit revenue is generated from the sale of
goods or services.$501,283$371,683($129,600)-
26%$318,465($53,218)-14%Other revenue
Niit 1: Other revenue signifies the revenue associated with the
activities outside of or peripheral to, the central business of a
firm.$15,066$12,033($3,033)-20%$13,001$9688%Net revenues
$516,349$383,716($132,633)-26%$331,466($52,250)-14%Cost
of sales
Niit 1: The cost of sales is the sum of direct material, direct
labor, and factory overheads incurred in making a product that
is sold.$475,041$396,844($78,197)-16%$280,890($115,954)-
29%Gross Profit

7. Niit 1: Gross profit represents revenue minus the cost of
sales.$41,308($13,128)($54,436)-132%$50,576$63,704-
485%Selling, general and administrative expenses
Niit 1: Selling, general, and administrative expenses (SG&A)
represent the combination of various expenses, including
advertising, sales, accounting, and general administrative
expenses. These expenses are not attributed to the
manufacturing process.$37,053$34,207($2,846)-
8%$35,470$1,2634%Research and
Development$3,511$3,120($391)-
11%$4,105$98532%Impairment of Goodwill
Niit 1: Goodwill is impaired when the underlining fair value of
the investment decreases beyond its purchase
price.$23,737$23,737ERROR:#DIV/0!($23,737)-100%Operating
income (loss)
Niit 1: Operating income is the income (revenue – expenses)
resulting from a firm's primary business
operations.$744($74,192)($74,936)-10078%$11,001$85,193-
115%Interest income $149$138($11)-7%$98($40)-29%Interest
expense $450$647$19744%$1,550$903140%Income (loss)
before income taxes $443($74,701)($75,144)-
16980%$9,549$84,250-113%Provision for (benefit from)
income taxes ($8,768)($8,768)ERROR:#DIV/0!$6,717$15,485-
177%Net income (loss)
Niit 1: Net Income is the total revenue in an accounting period
minus all expenses of the same period.
Niit 1: Total business unit revenue is generated from the sale of
goods or services.
Niit 1: Other revenue signifies the revenue associated with the

8. activities outside of or peripheral to, the central business of a
firm.
Niit 1: The cost of sales is the sum of direct material, direct
labor, and factory overheads incurred in making a product that
is sold.
Niit 1: Gross profit represents revenue minus the cost of sales.
Niit 1: Selling, general, and administrative expenses (SG&A)
represent the combination of various expenses, including
advertising, sales, accounting, and general administrative
expenses. These expenses are not attributed to the
manufacturing process.
Niit 1: Goodwill is impaired when the underlining fair value of
the investment decreases beyond its purchase price.
Niit 1: Operating income is the income (revenue – expenses)
resulting from a firm's primary business
operations.$443($65,933)($66,376)-14999%$2,832$68,765-
104%
Sheet1