ADD BW0168 (WIND-RIVER-SYSTEMS).--(BUSINESS WIRE)-- ADD BW0168 (WIND-RIVER-SYSTEMS) after text, please add the following tables: -0-
WIND RIVER SYSTEMS, INC.
CONSOLIDATED STATEMENTS OF INCOME
Three Months Ended
April 30,
1995 1994
(In thousands, except
per share amounts)
Revenues:
Product $6,032 $4,533
Services 2,668 2,004
------ ------
Total revenues 8,700 6,537
Costs and expenses:
Cost of product 674 405
Cost of services 1,187 704
Selling and marketing 3,935 3,350
Product development and
engineering 1,234 1,255
General and administrative 756 752
------ ------
Total cost and expenses 7,786 6,466
Operating income 914 71
Other income (expense):
Interest income 192 95
Interest expense (13) (25)
Minority interest in
consolidated subsidiary and other (17) (46)
------ ------
Total other income (expense) 162 24
Income before income taxes 1,076 95
Provision for income taxes 409 17
------ ------
Net income $ 667 $ 78
Net income per share $ 0.07 $ 0.01
Weighted average common and
common equivalent shares 10,043 9,202
WIND RIVER SYSTEMS, INC.
CONSOLIDATED BALANCE SHEETS
April 30, January 31,
1995 1995
(In thousands, except
per share amounts)
ASSETS
Current assets:
Cash and cash equivalents $23,913 $20,851
Accounts receivable, net of
allowance for doubtful accounts
of $261 and $246, respectively 10,141 12,237
Prepaids and other current assets 1,344 1,541
------- -------
Total current assets 35,398 34,629
Equipment and furniture, net of
accumulated depreciation of $4,014
and $3,599, respectively 3,520 3,328
Computer software development costs,
net of accumulated amortization of
$1,512 and $1,422, respectively 616 591
Deposits and other assets 683 635
------- -------
$40,217 $39,183
======= =======
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 1,299 $ 1,207
Accrued liabilities 1,883 1,487
Accrued compensation 1,729 1,872
Accrued taxes 79 700
Deferred tax liabilities, net 1,131 1,150
Current portion of bank and lease
line-of-credit obligations 107 171
Deferred software support and
development revenue 3,616 3,822
------- -------
Total current liabilities 9,844 10,409
Bank and lease line-of-credit
obligations 73 73
Deferred rent 127 136
Total liabilities 10,044 10,618
Minority interest in consolidated subsidiary 223 220
Stockholders' equity:
Common stock, par value $.001,
20,000,000 shares authorized,
9,210,665 and 9,105,835 shares
issued and outstanding 9 9
Additional paid in capital 22,871 22,139
Cumulative translation adjustments 448 242
Retained earnings 6,622 5,955
------- -------
Total stockholders' equity 29,950 28,345
------- -------
$40,217 $39,183
======= =======
CONTACT: Wind River Systems Inc., Alameda Alameda (ăləmē`də, –mā`də), city (1990 pop. 76,459), Alameda co., W central Calif., on an island just off the eastern shore of San Francisco Bay; settled 1850, inc. as a city 1884. Joseph Girata (CFO See Chief Financial Officer. ), 510/748-4100 De Anna Mekwuyne (Investor Relations Investor relations The process by which the corporation communicates with its investors. ), 510/814-2577 |
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