Herbalife Nutrition (HLF) 8-K/A Results of Operations and Financial Condition

Herbalife Ltd.
Consolidated Balance Sheets
(In thousands)

	December 31,			March 31,
	2005			2006
ASSETS				(unaudited)
Current assets:
Cash & cash equivalents	$	88,248		$	109,221
Inventories		109,785			106,042
Other current assets		101,518			119,343
Total current assets		299,551			334,606
Property and equipment, net		64,946			70,853
Other assets		24,190			29,090
Goodwill		134,206			129,484
Intangible assets, net		314,908			314,133
Total assets	$	837,801		$	878,166
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable		39,156			32,509
Royalty overrides		87,401			90,495
Accrued expenses		126,167			130,831
Current portion of long term debt		9,816			8,512
Other current liabilities		22,917			29,093
Total current liabilities		285,457			291,440
Long-term debt, net of current portion		253,276			242,531
Other long-term liabilities		130,180			131,917
Total liabilities		668,913			665,888
Shareholders’ equity:
Common shares		140			140
Paid-in-capital in excess of par value		89,524			94,255
Accumulated other comprehensive income		605			569
Retained earnings		78,829			117,524
Treasury shares, at cost		(210	)		(210	)
Total shareholders’ equity		168,888			212,278
Total liabilities and shareholders’ equity	$	837,801		$	878,166