Groupon 2013 Annual Report Download - page 116
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GROUPON, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
108
The following table summarizes the Company's accrued expenses as of December 31, 2013 and 2012 (in thousands):
December 31,
2013 2012
Marketing .......................................................................................... $ 12,001 $ 11,237
Refunds reserve................................................................................. 38,597 69,209
Payroll and benefits........................................................................... 64,966 61,557
Subscriber credits.............................................................................. 44,728 58,977
Professional fees ............................................................................... 24,670 16,938
Other.................................................................................................. 42,024 29,006
Total accrued expenses...................................................................... $ 226,986 $ 246,924
The following table summarizes the Company's other current liabilities as of December 31, 2013 and 2012 (in thousands):
December 31,
2013 2012
Income taxes payable ........................................................................ $ 21,994 $ 33,887
VAT and sales tax payable
................................................................. 48,039 55,728
Deferred revenue............................................................................... 47,259 25,780
Other.................................................................................................. 15,426 21,252
Total other current liabilities............................................................. $ 132,718 $ 136,647
The following table summarizes the Company's other non-current liabilities as of December 31, 2013 and 2012 (in
thousands):
December 31,
2013 2012
Long-term tax liabilities.................................................................... $ 109,286 $ 77,553
Deferred rent ..................................................................................... 9,148 9,162
Other.................................................................................................. 13,263 13,357
Total other non-current liabilities...................................................... $ 131,697 $ 100,072
The following table summarizes the components of accumulated other comprehensive income as of December 31, 2013
and 2012 (in thousands):
December 31,
2013 2012
Foreign currency translation adjustments ................................................. $ 24,952 $ 12,393
Unrealized (loss) gain on available-for-sale debt securities, net of tax .... (122)53
Accumulated other comprehensive income .............................................. $ 24,830 $ 12,446