Redbox 2009 Annual Report Download - page 84

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COINSTAR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
YEARS ENDED DECEMBER 31, 2009, 2008, AND 2007
The amounts in the table above for 2008 include $9.8 million of gross intangibles and $5.5 of accumulated
amortization of intangibles for the Entertainment Business which was sold on September 8, 2009.
Based on identifiable intangible assets recorded as of December 31, 2009, and assuming no subsequent
impairment of the underlying assets, the annual estimated aggregate future amortization expenses are as follows:
(in thousands)
2010 .................................................................. $ 7,578
2011 .................................................................. 5,568
2012 .................................................................. 4,991
2013 .................................................................. 4,382
2014 .................................................................. 3,564
Thereafter .............................................................. 4,810
$30,893
NOTE 7: ACCRUED LIABILITIES
Accrued liabilities consisted of the following as of December 31:
2009 2008
(in thousands)
Payroll related expenses ............................................ $29,265 $24,627
Interest payable ................................................... 4,959 2,268
Taxes payable .................................................... 20,619 17,214
Accrued professional fees ........................................... 5,078 4,177
Service contract providers ........................................... 5,876 5,031
Accrued medical insurance .......................................... 982 1,608
Accrued workers’ compensation and auto insurance ...................... 3,145 3,417
Accrued acquisition costs ........................................... — 10,000
Interest rate swap .................................................. 5,374 7,467
Other ........................................................... 16,115 11,691
$91,413 $87,500
The amounts in the table above for 2008 include $10.0 million of accrued liabilities for the Entertainment
Business which was sold on September 8, 2009.
NOTE 8: LONG-TERM DEBT
Long-term debt consisted of the following as of December 31:
2009 2008
(in thousands)
Revolving line of credit (matures November 2012) ..................... $225,000 $257,000
Convertible debt (matures September 2014) ........................... 167,109 —
Long-term debt ................................................. $392,109 $257,000
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