Company: BHE
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000950170-25-025644
Chunk: 142

Company: BENCHMARK ELECTRONICS INC
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 142
---
BENCHMARK ELECTRONICS, INC. AND SUBSIDIARIES

Consolidated Balance Sheets

    December 31,

    (in thousands, except par value)
     
    2024

    2023

    Assets

    Current assets:

    Cash and cash equivalents
     
    $
    315,152

    $
    277,391

    Restricted cash

    12,875

    5,822

    Accounts receivable, net of allowance for doubtful accounts of   $241 and $470, respectively

    412,458

    449,404

    Contract assets

    167,578

    174,979

    Inventories

    553,654

    683,801

    Prepaid expenses and other current assets

    42,512

    44,350

    Total current assets

    1,504,229

    1,635,747

    Property, plant and equipment, net

    225,097

    227,698

    Operating lease right-of-use assets

    117,995

    130,830

    Goodwill

    192,116

    192,116

    Deferred income taxes

    33,892

    26,943

    Other long-term assets

    66,135

    61,421

    Total assets
     
    $
    2,139,464

    $
    2,274,755

    Liabilities and Shareholders’ Equity

    Current liabilities:

    Current installments of long-term debt
     
    $
    6,737

    $
    4,283

    Accounts payable

    354,218

    367,480

    Advance payments from customers

    143,614

    204,883

    Income taxes payable

    22,119

    22,225

    Accrued liabilities

    122,411

    114,676

    Total current liabilities

    649,099

    713,547

    Long-term debt, net of current installments

    250,457

    326,674

    Operating lease liabilities

    108,997

    123,385

    Other long-term liabilities

    17,598

    32,064

    Commitments and contingencies