Redbox 2006 Annual Report Download - page 46

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COINSTAR, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
December 31,
2006 2005
ASSETS
CURRENT ASSETS:
Cash and cash equivalents ................................................. $ 24,726 $ 45,365
Cash in machine or in transit ............................................... 63,740 60,070
Cash being processed .................................................... 89,698 69,832
Trade accounts receivable, net of allowance for doubtful accounts of $1,050 and $469
in 2006 and 2005, respectively ........................................... 21,339 9,046
Inventory .............................................................. 39,334 31,234
Deferred income taxes .................................................... 17,775 17,330
Prepaid expenses and other current assets .................................... 13,371 11,020
Total current assets .................................................... 269,983 243,897
PROPERTY AND EQUIPMENT, NET ........................................ 160,962 148,811
DEFERRED INCOME TAXES .............................................. 34 5,385
OTHER ASSETS ......................................................... 3,807 5,392
EQUITY INVESTMENTS .................................................. 31,259 19,966
INTANGIBLE ASSETS, NET ............................................... 43,121 40,139
GOODWILL ............................................................. 208,917 179,811
TOTAL ASSETS ......................................................... $718,083 $643,401
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable ....................................................... $ 57,536 $ 34,760
Accrued liabilities payable to retailers ....................................... 95,737 77,175
Other accrued liabilities .................................................. 35,693 26,941
Current portion of long-term debt and capital lease obligations .................... 7,883 3,850
Total current liabilities ................................................. 196,849 142,726
LONG-TERM DEBT, CAPITAL LEASE OBLIGATIONS AND OTHER ............ 192,381 206,628
DEFERRED TAX LIABILITY .............................................. 7,488 —
TOTAL LIABILITIES ..................................................... 396,718 349,354
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.001 par value—Authorized, 5,000,000 shares; no shares issued and
outstanding in 2006 or 2005 ............................................. — —
Common stock, $0.001 par value—Authorized, 45,000,000 shares; 29,383,150 and
29,008,842 shares issued and 27,816,011 and 27,775,628 shares outstanding at
December 31, 2006 and 2005, respectively ................................. 343,229 328,951
Retained earnings (accumulated deficit) ...................................... 5,469 (13,158)
Treasury stock .......................................................... (30,806) (22,783)
Accumulated other comprehensive income ................................... 3,473 1,037
Total stockholders’ equity ............................................... 321,365 294,047
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY ........................ $718,083 $643,401
See notes to consolidated financial statements
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