|
CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified
|
May 31, 2014
|
Nov. 30, 2013
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 204,595 |
$ 151,622 |
| Short-term investments |
10,503 |
15,134 |
| Accounts receivable, net |
1,812,568 |
1,593,191 |
| Receivable from related parties |
631 |
146 |
| Inventories |
1,424,227 |
1,095,107 |
| Current deferred tax assets |
19,384 |
22,031 |
| Other current assets |
113,175 |
54,502 |
| Total current assets |
3,585,083 |
2,931,733 |
| Property and equipment, net |
187,488 |
133,249 |
| Goodwill |
376,460 |
188,535 |
| Intangible assets, net |
271,382 |
23,772 |
| Deferred tax assets |
377 |
7,867 |
| Other assets |
54,176 |
40,733 |
| Total assets |
4,474,966 |
3,325,889 |
| Current liabilities: |
|
|
| Borrowings under securitization, term loans and lines of credit |
697,417 |
252,523 |
| Accounts payable |
1,481,805 |
1,350,040 |
| Payable to related parties |
15,993 |
3,861 |
| Accrued liabilities |
343,762 |
181,325 |
| Income taxes payable |
10,246 |
1,629 |
| Total current liabilities |
2,549,223 |
1,789,378 |
| Long-term borrowings |
278,932 |
65,405 |
| Long-term liabilities |
56,161 |
56,418 |
| Deferred tax liabilities |
9,224 |
3,047 |
| Total liabilities |
2,893,540 |
1,914,248 |
| Commitments and contingencies (Note 17) |
|
|
| SYNNEX Corporation stockholders’ equity: |
|
|
| Preferred stock, $0.001 par value, 5,000 shares authorized, no shares issued or outstanding |
0 |
0 |
| Common stock, $0.001 par value, 100,000 shares authorized, 39,572 and 38,052 shares issued as of May 31, 2014 and November 30, 2013, respectively |
40 |
38 |
| Additional paid-in capital |
370,469 |
286,329 |
| Treasury stock, 868 and 842 shares as of May 31, 2014 and November 30, 2013, respectively |
(29,160) |
(27,450) |
| Accumulated other comprehensive income |
28,482 |
19,168 |
| Retained earnings |
1,211,105 |
1,133,137 |
| Total SYNNEX Corporation stockholders’ equity |
1,580,936 |
1,411,222 |
| Noncontrolling interest |
490 |
419 |
| Total equity |
1,581,426 |
1,411,641 |
| Total liabilities and equity |
$ 4,474,966 |
$ 3,325,889 |