ServiceMagic 2014 Annual Report Download - page 59

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IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
46
December 31,
2014
2013
(In thousands, except share data)
ASSETS
Cash and cash equivalents
$
990,405
$
1,100,444
Marketable securities
160,648
6,004
Accounts receivable, net of allowance of $12,437 and $8,540, respectively
236,086
207,408
Other current assets
166,742
161,530
Total current assets
1,553,881
1,475,386
Property and equipment, net
302,459
293,964
Goodwill
1,754,926
1,675,323
Intangible assets, net
491,936
445,336
Long-term investments
114,983
179,990
Other non-current assets
56,693
164,685
TOTAL ASSETS
$
4,274,878
$
4,234,684
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Accounts payable, trade
$
81,163
$
77,653
Deferred revenue
194,988
158,206
Accrued expenses and other current liabilities
397,803
351,038
Total current liabilities
673,954
586,897
Long-term debt
1,080,000
1,080,000
Income taxes payable
32,635
416,384
Deferred income taxes
409,529
320,748
Other long-term liabilities
45,191
58,393
Redeemable noncontrolling interests
40,427
42,861
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Common stock $.001 par value; authorized 1,600,000,000 shares; issued 252,170,058 and 250,982,079
shares and outstanding 78,356,057 and 76,404,552 shares, respectively
252
251
Class B convertible common stock $.001 par value; authorized 400,000,000 shares; issued 16,157,499
shares and outstanding 5,789,499 shares
16
16
Additional paid-in capital
11,415,617
11,562,567
Retained earnings (accumulated deficit)
325,118
(32,735
)
Accumulated other comprehensive loss
(87,700
)
(13,046
)
Treasury stock 184,182,001 and 184,945,527 shares, respectively
(9,661,350
)
(9,830,317
)
Total IAC shareholders' equity
1,991,953
1,686,736
Noncontrolling interests
1,189
42,665
Total shareholders' equity
1,993,142
1,729,401
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$
4,274,878
$
4,234,684