II-VI Incorporated

(NASDAQ:IIVI)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Dec 31, 2007
Assets
Current Assets
Cash & Equivalents 66,418 69,835 62,132 68,038
Restricted Cash — — — —
Marketable Securities 1,000 3,000 — —
Accounts Receivable 49,983 55,866 48,766 42,593
Loans Receivable — — — —
Other Receivable — — — —
Receivables 49,983 55,866 48,766 42,593
Raw Materials — 22,510 21,308 20,773
Work in Progress — 23,467 22,119 21,882
Purchased Components — — — —
Finished Goods — 23,665 23,491 21,659
Other Inventories — — — —
Inventories Adjustments and Allowances — — — —
Inventories 72,905 69,642 66,918 64,314
Prepaid Expenses 16,727 10,754 3,511 3,676
Current Deferred Income Taxes 8,933 8,943 9,177 9,175
Other Current Assets 8,860 8,229 8,275 —
Total Current Assets 224,826 226,269 198,779 187,796
Land and Improvements — 1,968 — 1,942
Building and Improvements — 50,914 — 49,283
Machinery Furniture and Equipment — 118,900 — 115,120
Construction in Progress — 8,612 — 14,766
Other Fixed Assets — — 171,954 —
Total Fixed Assets — 180,394 171,954 181,111
Gross Fixed Assets 87,291 180,394 171,954 181,111
Accumulated Depreciation and Depletion — 94,063 86,436 93,935
Net Fixed Assets 87,291 86,331 85,518 87,176
Intangibles 12,855 13,268 13,076 14,146
Cost in Excess 26,337 26,531 26,717 24,656
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 14,363 8,527 8,746 8,934
Total Non Current Assets 140,846 134,657 134,057 134,912
Total Assets 365,672 360,926 332,836 322,708
Liabilities
Current Liabilities
Accounts Payable 16,396 16,412 14,531 11,607
Notes Payable — — — —
Short Term Debt — — — —
Accrued Expenses — — — —
Accrued Liabilities 20,564 28,136 22,045 20,434
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities 1,317 1,977 2,779 10,285
Total Current Liabilities 38,277 46,525 39,355 42,326
Non Current Liabilities
Long Term Debt 3,781 3,791 4,024 3,581
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities 4,708 5,210 1,603 4,229
Other Non Current Liabilities 8,559 15,274 16,139 13,014
Minority Interest Liabilities — — — —
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 55,325 70,800 61,121 63,150
Total Liabilities 17,048 24,275 21,766 20,824
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 310,347 290,126 271,715 259,558
Common Par — — — —
Additional Paid in Capital — 81,585 77,823 74,010
Cumulative Translation Adjustment — — — —
Retained Earnings — 220,325 205,487 192,440
Treasury Stock — -15,360 -15,360 -9,121
Other Equity Adjustments — 3,576 3,765 2,229
Total Capitalization 314,128 293,917 275,739 263,139
Cash Flow — 79,792 77,532 74,814
Working Capital 186,549 179,744 159,424 145,470
Free Cash Flow — 25,674 16,098 16,797
Invested Capital 314,128 293,917 275,739 263,139
Total Equity 310,347 290,126 271,715 259,558
Total Liabilities and Stock Equity 365,672 360,926 332,836 322,708