Salesforce.com 2011 Annual Report Download - page 82
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Other Assets, net
Other assets consisted of the following (in thousands):
As of January 31,
2011 2010
Deferred professional services costs, noncurrent portion .................. $ 10,201 $ 5,639
Long-term deposits ............................................... 12,114 11,084
Purchased intangible assets, net of accumulated amortization of $9,868 and
$5,694, respectively ............................................. 31,660 6,613
Aquired intellectual property, net of accumulated amortization of $746 and
$121, respectively. .............................................. 5,874 133
Strategic investments ............................................. 27,065 6,288
Other .......................................................... 17,457 10,008
$104,371 $39,765
During the fourth quarter of fiscal 2011, the Company purchased approximately 14 acres of undeveloped
land in San Francisco, California, including entitlements and improvements associated with the land, and
perpetual parking rights in an existing garage for approximately $278.0 million in cash. Of the purchase price,
the Company recorded $23.3 million to the perpetual parking rights and classified such rights as a purchased
intangible asset as it represents an intangible right to use the existing garage.
Goodwill
Goodwill represents the excess of the purchase price in a business combination over the fair value of net
tangible and intangible assets acquired. Goodwill amounts are not amortized, but rather tested for impairment at
least annually during the fourth quarter. There was no impairment of goodwill during fiscal 2011 and 2010.
Goodwill consisted of the following (in thousands):
Total
Balance as of January 31, 2009 ............................................... $ 44,872
Other acquisitions ...................................................... 4,083
Balance as of January 31, 2010 ............................................... 48,955
Jigsaw Data Corporation ................................................ 133,254
Heroku, Inc. .......................................................... 181,304
DimDim, Inc. ......................................................... 23,373
Finalization of fiscal 2010 purchase price allocation ........................... (1,150)
Other Acquisitions ..................................................... 10,345
Balance as of January 31, 2011 ............................................... $396,081
Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in thousands):
As of January 31,
2011 2010
Accrued compensation ........................................... $148,275 $ 90,223
Accrued other liabilities .......................................... 112,840 46,188
Accrued other taxes payable ....................................... 41,355 27,757
Accrued professional costs ........................................ 12,548 10,740
Accrued rent ................................................... 22,323 19,830
Income taxes payable ............................................ 7,780 8,424
$345,121 $203,162
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