Salesforce.com 2011 Annual Report Download - page 64

salesforce.com, inc.
Consolidated Balance Sheets
(in thousands, except share and per share data)
January 31,
2011
January 31,
2010
Assets
Current assets:
Cash and cash equivalents ............................................ $ 424,292 $1,011,306
Short-term marketable securities ....................................... 72,678 230,659
Accounts receivable, net of allowance for doubtful accounts of $1,711 and
$1,050 at January 31, 2011 and 2010, respectively ...................... 426,943 320,956
Deferred commissions ............................................... 67,774 47,388
Deferred income taxes ............................................... 27,516 40,116
Prepaid expenses and other current assets ............................... 55,721 55,734
Total current assets ..................................................... 1,074,924 1,706,159
Marketable securities, noncurrent .......................................... 910,587 485,083
Property and equipment, net .............................................. 387,174 89,711
Deferred commissions, noncurrent ......................................... 48,842 28,140
Deferred income taxes, noncurrent ......................................... 41,199 27,579
Capitalized software, net ................................................. 127,987 34,809
Goodwill ............................................................. 396,081 48,955
Other assets, net ........................................................ 104,371 39,765
Total assets ........................................................... $3,091,165 $2,460,201
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable .................................................. $ 18,106 $ 14,791
Accrued expenses and other current liabilities ............................ 345,121 203,162
Deferred revenue ................................................... 913,239 690,177
Total current liabilities .................................................. 1,276,466 908,130
0.75% convertible senior notes due 2015, net ................................. 472,538 450,198
Income taxes payable, noncurrent .......................................... 18,481 17,551
Long-term lease liabilities and other ........................................ 25,487 13,485
Deferred revenue, noncurrent ............................................. 21,702 14,171
Total liabilities ........................................................ 1,814,674 1,403,535
Commitments and contingencies (Notes 8 and 9)
Salesforce.com stockholders’ equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized and none issued
and outstanding .................................................. 0 0
Common stock, $0.001 par value; 400,000,000 shares authorized, 132,921,147
and 127,152,449 issued and outstanding at January 31, 2011 and 2010,
respectively ..................................................... 133 127
Additional paid-in capital ............................................ 1,098,604 938,544
Accumulated other comprehensive income (loss) ......................... 6,719 (1,430)
Retained earnings .................................................. 171,035 106,561
Total stockholders’ equity controlling interest ................................ 1,276,491 1,043,802
Total stockholders’ equity noncontrolling interest ............................. 0 12,864
Total stockholders’ equity ................................................ 1,276,491 1,056,666
Total liabilities and stockholders’ equity .................................... $3,091,165 $2,460,201
See accompanying Notes.
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