Overstock.com 2012 Annual Report Download - page 120
Download and view the complete annual report
Please find page 120 of the 2012 Overstock.com annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110 -
111 -
112 -
113 -
114 -
115 -
116 -
117 -
118 -
119 -
120 -
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
 |
 |
Table of Contents
initial deferral contribution is made. Deferred compensation amounts are held in a "rabbi trust," which invests primarily in mutual funds. The trust
assets, which consist primarily of mutual funds, are recorded in our consolidated balance sheets because they are subject to the claims of our creditors.
The corresponding deferred compensation liability represents the amounts deferred by the plan participants plus or minus any earnings or losses on the
trust assets. The trust's assets totaled $264,000 and $302,000 at December 31, 2012 and December 31, 2011, respectively, and are included in Other
current and long-term assets in the consolidated balance sheets. Gains and losses on these investments were immaterial for the years ended
December 31, 2012, 2011 and 2010.
Other income, net consisted of the following (in thousands):
The provision (benefit) for income taxes consists of the following (in thousands):
F-33
Gift card and Club-O rewards breakage $ 3,308 $ 971 $ 909
Sublease income 355 573 575
Gain (loss) from early retirement of convertible senior notes — (54) 346
Loss from early retirement of finance obligations — (1,199) —
Other 23 (13) 258
Total other income, net $ 3,686 $ 278 $ 2,088
Federal $ 416 $ (254) $ 226
State 39 69 133
Foreign 30 43 —
Total current 485 (142) 359
Federal $ — $ — $ —
State — — —
Total deferred — — —
Total provision (benefit) for income taxes $ 485 $ (142) $ 359