Netgear 2012 Annual Report Download - page 57

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Table of Contents
NETGEAR, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
The accompanying notes are an integral part of these consolidated financial statements.
53
December 31,
2012
December 31,
2011
ASSETS
Current assets:
Cash and cash equivalents
149,032
208,898
Short-term investments
227,845
144,797
Accounts receivable, net
256,014
261,307
Inventories
174,903
163,724
Deferred income taxes
22,691
23,088
Prepaid expenses and other current assets
33,724
32,415
Total current assets
864,209
834,229
Property and equipment, net
19,025
15,884
Intangibles, net
27,621
20,956
Goodwill
100,880
85,944
Other non-current assets
22,834
14,357
Total assets
1,034,569
971,370
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
87,310
117,285
Accrued employee compensation
18,338
26,896
Other accrued liabilities
126,255
120,480
Deferred revenue
27,645
40,093
Income taxes payable
1,382
4,207
Total current liabilities
260,930
308,961
Non-current income taxes payable
13,735
18,657
Other non-current liabilities
5,293
4,995
Total liabilities
279,958
332,613
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock: $0.001 par value; 5,000,000 shares authorized; none issued or outstanding
—
—
Common stock: $0.001 par value; 200,000,000 shares authorized; shared issued and outstanding:
38,341,644 and 37,646,872 at December 31, 2012 and 2011, respectively
38
38
Additional paid-in capital
394,427
364,243
Cumulative other comprehensive income
23
Retained earnings
360,142
274,453
Total stockholders’ equity
754,611
638,757
Total liabilities and stockholders’ equity
1,034,569
971,370