Redbox 2006 Annual Report Download - page 23

Item 6. Selected Consolidated Financial Data.
The following selected financial data is qualified by reference to, and should be read in conjunction with,
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the Consolidated
Financial Statements of Coinstar, Inc. and related Notes thereto included elsewhere in this Annual Report on
Form 10-K.
Year Ended December 31,
2006 2005 2004 2003 2002
(in thousands, except per share data)
Consolidated Statements of Operations:
REVENUE .................................. $534,442 $459,739 $307,100 $176,136 $155,675
EXPENSES:
Direct operating .......................... 355,378 309,162 186,926 78,586 69,451
Marketing ............................... 14,420 10,748 12,925 13,215 10,689
Research and development .................. 5,246 5,716 5,465 5,772 4,997
General and administrative ................. 55,133 36,625 27,475 19,344 19,061
Depreciation and other ..................... 52,836 45,347 35,302 27,006 25,810
Amortization of intangible assets ............. 6,220 4,556 2,014 138 —
Income from operations ........................ 45,209 47,585 36,993 32,075 25,667
OTHER INCOME (EXPENSE):
Interest income and other, net ............... 1,543 1,477 344 263 309
Interest expense .......................... (15,748) (12,916) (6,271) (1,210) (3,710)
(Loss) income from equity investments ........ (66) 353 177 — —
Early retirement of debt .................... (238) — (706) — (6,308)
Income before income taxes ..................... 30,700 36,499 30,537 31,128 15,958
Income taxes ................................. (12,073) (14,227) (10,169) (11,573) 42,555
NET INCOME ............................... $ 18,627 $ 22,272 $ 20,368 $ 19,555 $ 58,513
NET INCOME PER SHARE:
Basic: (1) ............................... $ 0.67 $ 0.86 $ 0.94 $ 0.91 $ 2.68
Diluted: (1) .............................. $ 0.66 $ 0.86 $ 0.93 $ 0.90 $ 2.58
Consolidated Balance Sheet Data:
Cash and cash equivalents .................. $ 24,726 $ 45,365 $ 61,878 $ 7,125 $ 21,684
Cash in machines or in transit (2) ............ 63,740 60,070 35,751 31,757 19,876
Cash being processed (3) ................... 89,698 69,832 59,158 60,782 61,283
Total assets .............................. 718,083 643,401 547,134 204,074 216,636
Total debt, capital lease obligations and other,
including current portion ................. 200,264 210,478 211,410 17,461 36,746
Common stock ........................... 343,229 328,951 282,046 191,370 187,473
Total stockholders’ equity .................. 321,365 294,047 226,146 114,190 105,251
(1) See Note 11 to Consolidated Financial Statements for an explanation of the determination of the number of
shares used in computing net income per share information, basic and diluted.
(2) Cash in machines or in transit is unavailable for immediate cash requirements as it represents cash being
processed by carriers, cash deposits in transit, or coin residing in our coin-counting or entertainment
services machines.
(3) Cash being processed represents coin residing in our coin-counting or entertainment services machines or
being processed by carriers, which we are specifically obligated to use to settle our accrued liabilities
payable to retailers.
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