Digital River 2002 Annual Report Download - page 49

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43
DIGITAL RIVER, INC.
Consolidated Balance Sheets as of December 31
(in thousands, except share data)
2002 2001
ASSETS
CURRE N T ASSET S:
Cash a nd c a sh e quiva lents.................................................................................................................................. $ 40,801 $ 21,677
Short- te rm inve stments.......................................................................................................................................
—
9,978
A cc ounts r e ce iva ble, ne t of allow anc e of $1,746 and $839.......................................................................... 10,39
7
8,719
Pre pa id expense s a nd othe r ................................................................................................................................ 1,80
7
1,455
T otal curr e nt a sse ts.............................................................................................................................................. 53,00
5
41,829
PRO PE RTY A N D EQ U IPME N T:
Prope r ty a nd equipme nt...................................................................................................................................... 29,03
6
25,374
L ess a cc umula te d depr ec ia tion.......................................................................................................................... ( 13,39
9
) ( 9,228)
N et pr oper ty and e quipment.............................................................................................................................. 15,63
7
16,146
G OO DW I LL ............................................................................................................................................................. 18,69
8
11,273
I NT AN G IBLE ASSE T S, ne t of ac cumulate d amortiz a tion of $14,596 a nd $8,858...................................... 8,34
6
8,934
O TH ER ASSE T S.....................................................................................................................................................
7
4
5
$95,693 $ 78,227
LIA BILITIES A ND STOC KHOLD ERS’ EQU ITY
CURRE N T LI A BI LI T IE S:
N otes pa ya ble ....................................................................................................................................................... $ — $ 2,500
A cc ounts pa ya ble ................................................................................................................................................ 31,12
6
19,360
A cc rue d pa yroll................................................................................................................................................... 1,78
8
2,803
D ef er r ed r e ve nue ................................................................................................................................................. 1,86
5
1,106
O ther ac cr ued liabilities...................................................................................................................................... 3,72
8
2,036
T otal curr e nt liabilities........................................................................................................................................ 38,50
7
27,805
STO CK H OL DE RS’ E Q UI TY :
Pre fe r re d Stock, $.01 par va lue ; 5,000,000 sha re s a uthor iz ed; no sha re s issued or outsta nding.............
—
—
Common Stoc k, $.01 pa r va lue ; 60,000,000 shar e s authoriz ed; 27,537,240 and 26,462,905 shar e s
issue d a nd outstanding................................................................................................................................... 27
5
265
A dditional pa id- in c a pita l................................................................................................................................... 160,53
5
153,30
8
D ef er r ed c ompensation.......................................................................................................................................
—
( 37)
A cc umula te d def icit............................................................................................................................................ ( 103,62
4
) ( 103,114)
T otal stoc kholde rs’ e quity.................................................................................................................................. 57,18
6
50,422
$ 95,693 $ 78,227
The accompanying notes are an integral part of these consolidated financial statements.