Magal Security Systems Ltd.

(NASDAQ:MAGS)

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Quarterly Data
Annual Data
Note: All numbers in thousands

	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007	Sep 30, 2007
Assets
Current Assets
Cash & Equivalents	12,220	15,559	9,814	6,447
Restricted Cash	—	—	—	—
Marketable Securities	14,228	20,695	9,464	18,946
Accounts Receivable	29,486	34,621	30,626	40,986
Loans Receivable	—	—	—	—
Other Receivable	6,935	—	6,976	—
Receivables	36,421	34,621	37,602	40,986
Raw Materials	—	—	—	—
Work in Progress	—	—	—	—
Purchased Components	—	—	—	—
Finished Goods	—	—	—	—
Other Inventories	16,884	19,633	—	16,395
Inventories Adjustments and Allowances	—	—	—	—
Inventories	16,884	19,633	23,816	16,395
Prepaid Expenses	—	—	—	—
Current Deferred Income Taxes	2,479	2,043	1,847	2,120
Other Current Assets	—	—	—	—
Total Current Assets	82,232	92,551	93,763	84,894
Land and Improvements	—	—	—	—
Building and Improvements	—	—	—	—
Machinery Furniture and Equipment	—	—	—	—
Construction in Progress	—	—	—	—
Other Fixed Assets	24,787	23,581	—	29,935
Total Fixed Assets	24,787	23,581	—	29,935
Gross Fixed Assets	24,787	23,581	8,429	29,935
Accumulated Depreciation and Depletion	15,800	14,941	—	15,787
Net Fixed Assets	8,987	8,640	8,429	14,148
Intangibles	5,277	—	—	—
Cost in Excess	12,847	—	—	—
Non Current Deferred Income Taxes	2,220	—	—	—
Other Non Current Assets	8,734	28,871	25,879	21,882
Total Non Current Assets	38,065	37,511	34,308	36,030
Total Assets	120,297	130,062	128,071	120,924
Liabilities
Current Liabilities
Accounts Payable	21,158	29,653	7,344	22,812
Notes Payable	—	—	—	—
Short Term Debt	19,486	23,722	20,737	25,808
Accrued Expenses	—	—	—	—
Accrued Liabilities	—	—	—	—
Deferred Revenues	—	—	—	—
Current Deferred Income Tax Liabilities	—	778	687	—
Other Current Liabilities	—	—	32,135	—
Total Current Liabilities	40,644	54,153	53,559	48,620
Non Current Liabilities
Long Term Debt	2,695	2,895	3,095	7,937
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	4,029	1,503	1,218	—
Other Non Current Liabilities	4,381	4,405	3,873	3,346
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	51,749	62,956	69,089	59,903
Total Liabilities	11,105	8,803	8,186	11,283
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	68,548	67,106	65,477	61,021
Common Par	—	—	—	—
Additional Paid in Capital	—	—	—	—
Cumulative Translation Adjustment	—	—	—	—
Retained Earnings	—	—	—	—
Treasury Stock	—	—	—	—
Other Equity Adjustments	68,548	67,106	65,477	61,021
Total Capitalization	71,243	70,001	68,572	68,958
Cash Flow	1,606	—	—	-674
Working Capital	41,588	38,398	32,860	36,274
Free Cash Flow	—	—	—	—
Invested Capital	71,243	70,001	68,572	68,958
Total Equity	68,548	67,106	65,477	61,021
Total Liabilities and Stock Equity	120,297	130,062	134,566	120,924

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005	Dec 31, 2004
Assets
Current Assets
Cash & Equivalents	9,205	4,908	10,099	11,964
Restricted Cash	—	—	—	—
Marketable Securities	20,684	17,253	17,053	—
Accounts Receivable	32,760	36,916	32,608	13,232
Loans Receivable	—	—	—	—
Other Receivable	3,371	—	4,455	11,323
Receivables	36,131	36,916	37,063	24,555
Raw Materials	7,919	7,650	4,902	6,806
Work in Progress	4,064	2,213	1,855	2,320
Purchased Components	—	—	—	—
Finished Goods	11,802	4,108	4,353	3,576
Other Inventories	—	—	—	—
Inventories Adjustments and Allowances	—	—	—	—
Inventories	23,785	13,971	11,110	12,702
Prepaid Expenses	450	495	—	—
Current Deferred Income Taxes	1,936	1,604	1,187	488
Other Current Assets	—	—	—	—
Total Current Assets	92,191	75,147	76,512	49,709
Land and Improvements	9,913	8,982	8,949	8,790
Building and Improvements	46	805	780	784
Machinery Furniture and Equipment	12,813	19,245	15,387	17,864
Construction in Progress	—	—	—	—
Other Fixed Assets	1,321	1,121	5,412	—
Total Fixed Assets	24,093	30,153	30,528	27,438
Gross Fixed Assets	24,093	30,153	30,528	27,438
Accumulated Depreciation and Depletion	15,664	15,787	14,941	12,779
Net Fixed Assets	8,429	14,366	15,587	14,659
Intangibles	7,040	1,150	569	4,942
Cost in Excess	5,610	4,285	4,186	—
Non Current Deferred Income Taxes	763	686	828	186
Other Non Current Assets	12,124	8,047	4,160	8,480
Total Non Current Assets	33,966	28,534	25,330	28,267
Total Assets	126,157	103,681	101,842	77,976
Liabilities
Current Liabilities
Accounts Payable	7,344	6,001	6,360	3,189
Notes Payable	—	—	—	—
Short Term Debt	20,737	17,822	21,715	17,467
Accrued Expenses	5,812	5,743	4,599	—
Accrued Liabilities	—	1,799	1,596	7,450
Deferred Revenues	587	555	284	—
Current Deferred Income Tax Liabilities	—	—	—	—
Other Current Liabilities	16,185	3,511	6,504	—
Total Current Liabilities	50,665	35,430	41,058	28,106
Non Current Liabilities
Long Term Debt	3,095	7,577	1,653	3,500
Capital Lease Obligations	—	—	—	—
Deferred Income Tax Liabilities	2,097	—	—	—
Other Non Current Liabilities	4,722	2,524	2,181	2,822
Minority Interest Liabilities	—	—	—	—
Preferred Securities of Subsidiary Trust Liabilities	—	—	—	—
Preferred Equity Outside Stock Equity	—	—	—	—
Total Non Current Liabilities	60,579	45,532	44,892	34,428
Total Liabilities	9,914	10,101	3,834	6,322
Shareholders' Equity
Preferred Stock Equity	—	—	—	—
Common Stock Equity	65,578	58,150	56,950	43,548
Common Par	3,225	3,224	3,220	2,825
Additional Paid in Capital	47,806	47,681	47,509	32,526
Cumulative Translation Adjustment	2,589	297	—	—
Retained Earnings	6,287	4,634	3,824	7,035
Treasury Stock	—	—	—	—
Other Equity Adjustments	5,671	2,314	2,397	1,162
Total Capitalization	68,673	65,727	58,603	47,048
Cash Flow	4,020	3,016	-808	3,203
Working Capital	41,526	39,716	35,454	21,603
Free Cash Flow	4,902	-3,119	-6,921	-1,581
Invested Capital	68,673	65,727	58,603	47,048
Total Equity	65,578	58,150	56,950	43,548
Total Liabilities and Stock Equity	126,157	103,682	101,842	77,976