| Balance Sheet for Herley Industries Inc. (HRLY) | | | | | | | Assets | in Thousands of Dollars | | | 07/2007 | 07/2006 | 07/2005 | 07/2004 | 07/2003 | | | Cash and Equivalents | 35,181 | 22,303 | 20,331 | 66,181 | 81,523 | | Marketable Securities | - | - | - | - | - | | Receivables | 46,141 | 45,295 | 44,730 | 39,450 | 24,312 | | Inventories | 51,815 | 52,909 | 53,668 | 44,909 | 37,545 | | Other Current Assets | 1,069 | - | - | - | - | | Total Current Assets | 138,460 | 125,439 | 122,511 | 154,119 | 146,587 | | | Gross Fixed Assets | 78,890 | 74,259 | 68,048 | 59,929 | 52,572 | | Accumulated Depreciation | (48,894) | (43,781) | (38,587) | (33,961) | (30,166) | | Net Fixed Assets | 29,996 | 30,478 | 29,461 | 25,968 | 22,406 | | Intangibles | 18,431 | 19,989 | 91,385 | 39,720 | 27,271 | | Other Non-Current Assets | 1,662 | 1,932 | 744 | 1,164 | 1,300 | | Total Non-Current Assets | 124,133 | 126,011 | 121,590 | 66,852 | 50,977 | | Total Assets | 262,593 | 251,450 | 244,101 | 220,971 | 197,564 | | | Liabilities | in Thousands of Dollars | | | 07/2007 | 07/2006 | 07/2005 | 07/2004 | 07/2003 | | | Accounts Payable | 19,148 | 22,058 | 13,756 | 17,514 | 14,026 | | Short Term Debt | 1,346 | 630 | 797 | 804 | 686 | | Other Current Liabilities | 11,794 | 6,718 | 8,894 | 5,528 | 4,262 | | Total Current Liabilities | 34,958 | 33,351 | 34,168 | 23,846 | 18,974 | | | Long Term Debt | 5,951 | 5,948 | 5,000 | 5,845 | 6,403 | | Deferred Income Tax | 6,615 | 7,416 | 6,254 | 4,848 | 4,945 | | Other Non-Current Liabilities | 5,428 | 1,265 | 1,042 | 932 | - | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 17,994 | 14,629 | 12,296 | 11,625 | 11,348 | | Total Liabilities | 52,952 | 47,980 | 46,462 | 35,471 | 30,322 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 209,641 | 203,470 | 197,637 | 185,500 | 167,242 | | Total Equity | 209,641 | 203,470 | 197,637 | 185,500 | 167,242 | | Total Liabilities & Stock Equity | 262,593 | 251,450 | 244,099 | 220,971 | 197,564 | | | |
