ServiceMagic 2012 Annual Report Download - page 37

Table of Contents
CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS
_______________________________________________________________________________
_______________________________________________________________________________
Off-Balance Sheet Arrangements
Other than the items described above, the Company does not have any off-balance sheet arrangements as of December 31, 2012.
34
Payments Due by Period
Contractual Obligations
(a)
Total
Less Than
1 Year
1–3
Years
3–5
Years
More Than
5 Years
(In thousands)
Long-term debt, including current maturities
(b)
$
925,503
$
43,753
$
55,500
$
55,500
$
770,750
Purchase obligations
(c)
41,109
18,785
22,233
91
—
Operating leases
328,107
24,071
49,377
43,861
210,798
Total contractual cash obligations
$
1,294,719
$
86,609
$
127,110
$
99,452
$
981,548
(a) The Company has excluded $340.9 million in unrecognized tax benefits and related interest from the table above as we are unable to
make a reasonably reliable estimate of the period in which these liabilities might be paid. For additional information on income taxes,
see Note 4 to the consolidated financial statements.
(b)
Represents contractual amounts due including interest.
(c) The purchase obligations primarily include advertising commitments, which commitments are reducible or terminable such that these
commitments can never exceed associated revenue by a meaningful amount. Purchase obligations also include minimum payments due
under telecommunication contracts related to data transmission lines.
Amount of Commitment Expiration Per Period
Other Commercial Commitments
(d)
Total
Less Than
1 Year
1–3
Years
3–5
Years
More Than
5 Years
(In thousands)
Letters of credit
$
2,780
$
2,780
$
—
$
—
$
—
(d) Commercial commitments are funding commitments that could potentially require registrant performance in the event of demands by
third parties or contingent events.