Comfort Inn 2011 Annual Report Download - page 64
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Table of Contents
Current assets
Cash and cash equivalents
$91,259
Receivables (net of allowance for doubtful accounts of $9,979 and $9,159, respectively)
47,638
Deferred income taxes
429
Investments, employee benefit plans, at fair value
—
Other current assets
24,256
163,582
Property and equipment, at cost, net
55,662
Goodwill
66,041
Franchise rights and other identifiable intangibles, net
20,825
Receivable—marketing and reservation fees
42,507
Investments, employee benefit plans, at fair value
23,365
Deferred income taxes
24,435
Other assets
15,305
$411,722
Current liabilities
Accounts payable
$41,168
Accrued expenses
47,818
Deferred revenue
67,322
Revolving credit facility
200
Deferred compensation and retirement plan obligations
2,552
Current portion of long-term debt
420
Deferred income taxes
—
Income taxes payable
5,778
165,258
Long-term debt
251,554
Deferred compensation and retirement plan obligations
35,707
Other liabilities
17,274
469,793
Commitments and Contingencies
Common stock, $0.01 par value; 160,000,000 shares authorized; 95,345,362 shares issued at December 31,
2011 and 2010 and 58,277,646 and 59,583,770 shares outstanding at December 31, 2011 and 2010,
respectively
596
Additional paid-in-capital
92,774
Accumulated other comprehensive loss
(7,192)
Treasury stock (37,067,716 and 35,761,592 shares at December 31, 2011 and 2010, respectively), at cost
(872,306)
Retained earnings
728,057
(58,071)
$411,722
The accompanying notes are an integral part of these consolidated financial statements.
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