Rosetta Stone 2012 Annual Report Download - page 78
Download and view the complete annual report
Please find page 78 of the 2012 Rosetta Stone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87 -
88 -
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
 |
 |
Table of Contents
Current assets:
Cash and cash equivalents $ 148,190 $ 106,516
Restricted cash 73 74
Short term investments — 9,711
Accounts receivable (net of allowance for doubtful accounts of $1,297 and $1,951,
respectively) 49,946 51,997
Inventory, net 6,581 6,723
Prepaid expenses and other current assets 5,204 7,081
Income tax receivable 1,104 7,678
Deferred income taxes 79 10,985
Total current assets 211,177 200,765
Property and equipment, net 17,213 20,869
Goodwill 34,896 34,841
Intangible assets, net 10,825 10,865
Deferred income taxes 260 8,038
Other assets 1,484 1,803
$ 275,855 $ 277,181
Current liabilities:
Accounts payable $ 6,064 $ 7,291
Accrued compensation 16,830 11,703
Other current liabilities 36,387 34,911
Deferred revenue 59,195 49,375
Total current liabilities 118,476 103,280
Deferred revenue 4,221 2,520
Deferred income taxes 8,400 —
Other long-term liabilities 155 176
131,252 105,976
Commitments and contingencies (Note 13)
Preferred stock, $0.001 par value; 10,000 and 10,000 shares authorized, zero and zero
shares issued and outstanding at December 31, 2012 and December 31, 2011,
respectively — —
Non-designated common stock, $0.00005 par value, 190,000 and 190,000 shares
authorized, 21,951 and 21,258 shares issued and outstanding at December 31, 2012 and
December 31, 2011, respectively 2 2
Additional paid-in capital 160,693 151,823
Accumulated income (loss) (16,749) 19,082
Accumulated other comprehensive income 657 298
144,603 171,205
$ 275,855 $ 277,181