GNC 2009 Annual Report Download - page 94
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Table of Contents
GENERAL NUTRITION CENTERS, INC. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTE 9. OTHER LONG-TERM ASSETS
Other assets at each respective period consisted of the following:
December 31, December 31,
2008 2007
(in thousands)
Long-term franchise notes receivables $ 1,197 $ 1,413
Less: allowance for doubtful accounts — (282)
Long-term deposit 511 719
Other 810 3,243
$ 2,518 $ 5,093
Annual maturities of the Company's long term and current (see current portion in Note 6, "Other Current Assets") franchise notes receivable
at December 31, 2008 are as follows:
Years ending December 31, Receivables
(in thousands)
2009 871
2010 412
2011 323
2012 244
2013 218
Total $ 2,068
NOTE 10. ACCRUED PAYROLL AND RELATED LIABILITIES
Accrued payroll and related liabilities at each respective period consisted of the following:
December 31, December 31,
2008 2007
(in thousands)
Accrued payroll $ 14,592 $ 22,533
Accrued taxes and benefits 7,990 4,944
Total $ 22,582 $ 27,477
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