Redbox 2003 Annual Report Download - page 39

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COINSTAR, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
December 31,
2003 2002
ASSETS
CURRENT ASSETS:
Cash and cash equivalents ............................................... $ 38,882 $ 41,560
Cash being processed ................................................... 60,782 61,283
Deferred income taxes .................................................. 10,161 10,096
Prepaid expenses and other current assets ................................... 3,043 2,409
Total current assets ................................................... 112,868 115,348
PROPERTY AND EQUIPMENT:
Coinstar units ......................................................... 176,329 156,182
Computers ............................................................ 9,197 8,882
Office furniture and equipment ........................................... 1,382 1,291
Leased vehicles ........................................................ 3,957 4,314
Leasehold improvements ................................................ 705 681
Total property and equipment .......................................... 191,570 171,350
Accumulated depreciation ............................................... (130,800) (110,807)
Total property and equipment, net ....................................... 60,770 60,543
DEFERRED INCOME TAXES ............................................. 28,665 39,719
OTHER ASSETS ........................................................ 1,771 1,026
TOTAL ASSETS ........................................................ $204,074 $ 216,636
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable ...................................................... $ 2,128 $ 3,176
Accrued liabilities payable to retailers ...................................... 60,782 61,283
Accrued liabilities ...................................................... 9,513 10,180
Current portion of long-term debt and capital lease obligations .................. 14,188 14,916
Total current liabilities ................................................ 86,611 89,555
LONG-TERM DEBT AND CAPITAL LEASE OBLIGATIONS ................... 3,273 21,830
Total liabilities ...................................................... 89,884 111,385
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.001 par value—Authorized, 5,000,000 shares; no shares issued
and outstanding in 2003 or 2002 ........................................ — —
Common stock, $0.001 par value—Authorized, 45,000,000 shares; 22,461,525 and
22,131,844 shares issued and 21,228,311 and 21,832,344 shares outstanding at
December 31, 2003 and 2002, respectively ................................ 191,370 187,473
Accumulated deficit .................................................... (55,798) (75,353)
Treasury stock ......................................................... (22,783) (7,496)
Accumulated other comprehensive income .................................. 1,401 627
Total stockholders’ equity ............................................. 114,190 105,251
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY ...................... $204,074 $ 216,636
See notes to consolidated financial statements
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