Cricket Wireless 2010 Annual Report Download - page 94
Download and view the complete annual report
Please find page 94 of the 2010 Cricket Wireless annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84 -
85 -
86 -
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
 |
 |
LEAP WIRELESS INTERNATIONAL, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share amounts)
2010 2009
December 31,
Assets
Cash and cash equivalents .......................................... $ 350,790 $ 174,999
Short-term investments ............................................ 68,367 389,154
Inventories ..................................................... 104,241 107,912
Deferred charges ................................................. 47,343 38,872
Other current assets ............................................... 91,010 82,830
Total current assets ........................................... 661,751 793,767
Property and equipment, net ........................................ 2,036,645 2,121,094
Wireless licenses ................................................. 1,968,075 1,921,973
Assets held for sale ............................................... — 2,381
Goodwill (Note 6) ................................................ 31,094 430,101
Intangible assets, net .............................................. 64,843 24,535
Other assets .................................................... 72,415 83,630
Total assets ................................................. $4,834,823 $5,377,481
Liabilities and Stockholders’ Equity
Accounts payable and accrued liabilities ............................... $ 346,869 $ 310,386
Current maturities of long-term debt .................................. 8,500 8,000
Other current liabilities ............................................ 221,077 202,407
Total current liabilities ............................................ 576,446 520,793
Long-term debt, net............................................... 2,832,070 2,735,318
Deferred tax liabilities ............................................. 295,703 259,512
Other long-term liabilities .......................................... 114,534 99,696
Total liabilities ............................................... 3,818,753 3,615,319
Redeemable non-controlling interests .................................. 104,788 71,632
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred stock — authorized 10,000,000 shares, $.0001 par value; no shares
issued and outstanding ......................................... — —
Common stock — authorized 160,000,000 shares, $.0001 par value; 78,437,309
and 77,524,040 shares issued and outstanding at December 31, 2010 and
2009, respectively ............................................ 8 8
Additional paid-in capital......................................... 2,155,712 2,148,194
Accumulated deficit............................................. (1,243,740) (458,685)
Accumulated other comprehensive income (loss) ....................... (698) 1,013
Total stockholders’ equity . . . ................................... 911,282 1,690,530
Total liabilities and stockholders’ equity ............................ $4,834,823 $5,377,481
See accompanying notes to consolidated financial statements.
88