Redbox 2013 Annual Report Download - page 98

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89
CONSOLIDATING BALANCE SHEETS
As of December 31, 2013
(in thousands) Outerwall Inc.
Combined
Guarantor
Subsidiaries
Combined Non-
Guarantor
Subsidiaries
Eliminations
and
Consolidation
Reclassifications Total
Assets
Current Assets:
Cash and cash equivalents . . . . . . . . . . . . . . . . . . $ 315,250 $ 9,639 $ 46,548 $ — $ 371,437
Accounts receivable, net of allowances . . . . . . . . 2,029 45,672 2,595 — 50,296
Content library . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 196,695 3,136 — 199,868
Deferred income taxes . . . . . . . . . . . . . . . . . . . . . 12,152 — 8 (12,149) 11
Prepaid expenses and other current assets . . . . . . 55,512 28,234 952 — 84,698
Intercompany receivables. . . . . . . . . . . . . . . . . . . 180,100 355,418 5,093 (540,611) —
Total current assets . . . . . . . . . . . . . . . . . . . 565,080 635,658 58,332 (552,760) 706,310
Property and equipment, net . . . . . . . . . . . . . . . . . . . . . 163,747 320,296 36,822 — 520,865
Deferred income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . — — 6,412 31 6,443
Goodwill and other intangible assets. . . . . . . . . . . . . . . 251,150 387,540 — — 638,690
Other long-term assets. . . . . . . . . . . . . . . . . . . . . . . . . . 12,473 11,499 420 — 24,392
Investment in related parties . . . . . . . . . . . . . . . . . . . . . 815,243 4,825 — (820,068) —
Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,807,693 $ 1,359,818 $ 101,986 $ (1,372,797) $ 1,896,700
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . $ 17,336 $ 215,703 $ 2,979 $ — $ 236,018
Accrued payable to retailers . . . . . . . . . . . . . . . . . 71,085 48,126 14,929 — 134,140
Other accrued liabilities . . . . . . . . . . . . . . . . . . . . 59,444 71,607 3,076 — 134,127
Current callable convertible debt . . . . . . . . . . . . . 49,702———49,702
Current portion of long-term debt and other . . . . 42,187 3 — — 42,190
Current portion of capital lease obligations . . . . . 11,630 — 367 — 11,997
Deferred income taxes . . . . . . . . . . . . . . . . . . . . . — 35,292 — (12,149) 23,143
Intercompany payables. . . . . . . . . . . . . . . . . . . . . 315,615 154,565 70,432 (540,612) —
Total current liabilities. . . . . . . . . . . . . . . . . 566,999 525,296 91,783 (552,761) 631,317
Long-term debt and other long-term liabilities . . . . . . . 658,032 18,748 576 — 677,356
Capital lease obligations . . . . . . . . . . . . . . . . . . . . . . . . 8,912 — 452 — 9,364
Deferred income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . 45,307 13,190 — 31 58,528
Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,279,250 557,234 92,811 (552,730) 1,376,565
Commitments and contingencies
Debt conversion feature. . . . . . . . . . . . . . . . . . . . . . . . . 1,446———1,446
Stockholders’ Equity:
Preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . . . —————
Common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . 596,995 225,016 12,393 (351,923) 482,481
Treasury stock . . . . . . . . . . . . . . . . . . . . . . . . . . . (476,796) — — — (476,796)
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . 407,959 577,568 (3,612) (468,144) 513,771
Accumulated other comprehensive loss . . . . . . . . (1,161) — 394 — (767)
Total stockholders’ equity . . . . . . . . . . . . . . 526,997 802,584 9,175 (820,067) 518,689
Total liabilities and stockholders’ equity. . . . . . . . . . . . $ 1,807,693 $ 1,359,818 $ 101,986 $ (1,372,797) $ 1,896,700