Shutterfly 2010 Annual Report Download - page 56

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SHUTTERFLY, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except per share amounts)
The accompanying notes are an integral part of these consolidated financial statements.
December 31,
2009
2008
ASSETS
Current assets:
Cash and cash equivalents
$
132,812
$
88,164
Short
-
term investments
47,925
—
Accounts receivable, net
5,472
5,992
Inventories
2,968
3,610
Deferred tax asset, current portion
2,243
1,194
Prepaid expenses and other current assets
4,501
4,749
Total current assets
195,921
103,709
Long
-
term investments
-
52,250
Property and equipment, net
41,845
48,108
Goodwill and intangible assets, net
13,406
14,547
Deferred tax asset, net of current portion
14,674
12,266
Other assets
5,467
2,417
Total assets
$
271,313
$
233,297
LIABILITIES AND STOCKHOLDERS
’
EQUITY
Current liabilities:
Accounts payable
$
13,116
$
11,214
Accrued liabilities
32,793
24,802
Deferred revenue
8,602
9,461
Total current liabilities
54,511
45,477
Other liabilities
1,638
1,018
Total liabilities
56,149
46,495
Commitments and contingencies (Note 7)
Stockholders
’
equity:
Common stock, $0.0001 par value; 100,000 shares authorized; 25,909 and 25,138 shares issued and
outstanding at December 31, 2009 and December 31, 2008, respectively
3
2
Additional paid
-
in capital
226,410
203,902
Accumulated deficit
(11,249
)
(17,102
)
Total stockholders
’
equity
215,164
186,802
Total liabilities and stockholders’ equity
$
271,313
$
233,297
54