ServiceMagic 2012 Annual Report Download - page 46

IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
42
December 31,
2012
2011
(In thousands, except share data)
ASSETS
Cash and cash equivalents
$
749,977
$
704,153
Marketable securities
20,604
165,695
Accounts receivable, net of allowance of $11,088 and $7,309, respectively
229,830
177,030
Other current assets
156,339
112,255
Total current assets
1,156,750
1,159,133
Property and equipment, net
270,512
259,588
Goodwill
1,616,154
1,358,524
Intangible assets, net
482,904
378,107
Long-term investments
161,278
173,752
Other non-current assets
118,230
80,761
TOTAL ASSETS
$
3,805,828
$
3,409,865
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Current maturities of long-term debt
$
15,844
$
—
Accounts payable, trade
98,314
64,398
Deferred revenue
155,499
126,297
Accrued expenses and other current liabilities
355,232
343,490
Total current liabilities
624,889
534,185
Long-term debt, net of current maturities
580,000
95,844
Income taxes payable
479,945
450,533
Deferred income taxes
323,403
302,213
Other long-term liabilities
31,830
16,601
Redeemable noncontrolling interests
58,126
50,349
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Common stock $.001 par value; authorized 1,600,000,000 shares; issued 250,982,079 and 234,100,950
shares, respectively, and outstanding 78,471,784 and 77,126,881 shares, respectively
251
234
Class B convertible common stock $.001 par value; authorized 400,000,000 shares; issued 16,157,499
shares and outstanding 5,789,499 shares, respectively
16
16
Additional paid-in capital
11,607,367
11,280,173
Accumulated deficit
(318,519
)
(477,785
)
Accumulated other comprehensive loss
(32,169
)
(12,443
)
Treasury stock 182,878,295 and 167,342,069 shares, respectively
(9,601,218
)
(8,885,146
)
Total IAC shareholders' equity
1,655,728
1,905,049
Noncontrolling interests
51,907
55,091
Total shareholders' equity
1,707,635
1,960,140
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$
3,805,828
$
3,409,865