Redbox 2014 Annual Report Download - page 104

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96
CONSOLIDATING BALANCE SHEETS
As of December 31, 2014
(in thousands) Outerwall Inc.
Combined
Guarantor
Subsidiaries
Combined Non-
Guarantor
Subsidiaries
Eliminations
and
Consolidation
Reclassifications Total
Assets
Current Assets:
Cash and cash equivalents . . . . . . . . . . . . . . . . . . $ 180,889 $ 17,939 $ 43,868 $ — $ 242,696
Accounts receivable, net of allowances . . . . . . . . 3,203 43,874 1,513 — 48,590
Content library . . . . . . . . . . . . . . . . . . . . . . . . . . . — 176,490 3,631 — 180,121
Prepaid expenses and other current assets . . . . . . 21,442 23,923 1,030 (6,558) 39,837
Intercompany receivables. . . . . . . . . . . . . . . . . . . 40,762 467,181 — (507,943) —
Total current assets . . . . . . . . . . . . . . . . . . . 246,296 729,407 50,042 (514,501) 511,244
Property and equipment, net . . . . . . . . . . . . . . . . . . . . . 133,923 263,412 31,133 — 428,468
Deferred income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . — — 11,378 — 11,378
Goodwill and other intangible assets, net . . . . . . . . . . . 249,717 374,281 — — 623,998
Other long-term assets. . . . . . . . . . . . . . . . . . . . . . . . . . 6,665 1,231 335 — 8,231
Investment in related parties . . . . . . . . . . . . . . . . . . . . . 917,234 (5,114) — (912,120) —
Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,553,835 $ 1,363,217 $ 92,888 $ (1,426,621) $ 1,583,319
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . $ 12,899 $ 153,260 $ 2,474 $ — $ 168,633
Accrued payable to retailers . . . . . . . . . . . . . . . . . 69,189 42,977 14,124 — 126,290
Other accrued liabilities . . . . . . . . . . . . . . . . . . . . 59,770 74,536 2,820 — 137,126
Current portion of long-term debt and other
long-term liabilities . . . . . . . . . . . . . . . . . . . . . . . 20,020 — 396 — 20,416
Deferred income taxes . . . . . . . . . . . . . . . . . . . . . — 27,961 29 (6,558) 21,432
Intercompany payables. . . . . . . . . . . . . . . . . . . . . 309,932 121,015 76,996 (507,943) —
Total current liabilities. . . . . . . . . . . . . . . . . 471,810 419,749 96,839 (514,501) 473,897
Long-term debt and other long-term liabilities . . . . . . . 949,588 22,946 1,135 — 973,669
Deferred income taxes. . . . . . . . . . . . . . . . . . . . . . . . . . 35,058 3,288 29 — 38,375
Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,456,456 445,983 98,003 (514,501) 1,485,941
Commitments and contingencies
Stockholders’ Equity:
Preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . . . —————
Common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . 588,105 225,729 12,393 (352,635) 473,592
Treasury stock . . . . . . . . . . . . . . . . . . . . . . . . . . . (996,293) — — — (996,293)
Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . 506,360 691,505 (17,991) (559,485) 620,389
Accumulated other comprehensive income (loss) (793) — 483 — (310)
Total stockholders’ equity . . . . . . . . . . . . . . 97,379 917,234 (5,115) (912,120) 97,378
Total liabilities and stockholders’ equity. . . . . . . . . . . . $ 1,553,835 $ 1,363,217 $ 92,888 $ (1,426,621) $ 1,583,319