Digital River 2006 Annual Report Download - page 37

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ITEM 6. SELECTED FINANCIAL DATA
The consolidated financial information below has been restated as set forth in this Form 10-K. The data
as of and for the years ended December 31, 2005, 2004, 2003 and 2002 have been restated as set forth in this
Form 10-K, but such restated data have not been audited and are derived from the Company’s books and
records. The information set forth below is not necessarily indicative of results of future operations, and should
be read in conjunction with Item 7, “Management’s Discussion and Analysis-Financial Condition and Results
of Operations” and the consolidated financial statements and related notes thereto included in Item 8 of this
Form 10-K to fully understand factors that may affect the comparability of the information presented below.
The information presented in the following tables has been adjusted to reflect the restatement of our financial
results, which is more fully described in Management’s Discussion and Analysis-Restatement of Consolidated
Financial Statements and in Note 2 to Consolidated Financial Statements of this Form 10-K.
We have not amended any other previously-filed Annual Reports on Form 10-K or Quarterly Reports on
Form 10-Q for the periods affected by this restatement. The financial information that has been previously
filed or otherwise reported for these periods is superseded by the information in this Annual Report on
Form 10-K, and the financial statements and related financial information contained in previously-filed reports
should no longer be relied upon.
As
Restated(1)
As
Previously
Reported Adjustments
As
Restated(1)
As
Previously
Reported Adjustments
As
Restated(1)
As
Previously
Reported Adjustments
As
Restated(1)
2006 2005 2004 2003 2002
December 31,
(In thousands)
Balance Sheet Data:
Cash and cash equivalents . . $ 390,243 $131,770 $127,734 $ — $127,734 $ 72,885 $ — $ 72,885 $ 40,801 $ — $ 40,801
Short-term investments . . . . 235,699 220,569 164,402 — 164,402 59,037 — 59,037 — — —
Working capital . ....... 497,887 244,647 198,747 — 198,747 85,011 — 85,011 14,498 — 14,498
Total assets ........... 1,006,263 669,549 504,521 — 504,521 189,658 — 189,658 96,534 — 96,534
Long-term obligations . . . . . 196,345 195,022 195,000 — 195,000 — — — — — —
Retained earnings/
(accumulated deficit) . . . . 44,989 (15,627) (51,164) (11,472) (62,636) (86,488) (10,655) (97,143) (103,624) (9,414) (113,038)
Total stockholders’ equity . . $ 603,759 $305,551 $192,769 $ — $192,769 $131,852 $ — $131,852 $ 57,186 $ — $ 57,186
(1) See Note 2, “Restatement of Consolidated Financial Statements,” in Notes to Consolidated Financial
Statements.
33