Shutterfly 2011 Annual Report Download - page 48

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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.
Table of Contents
December 31,
2010
2009
ASSETS
Current assets:
Cash and cash equivalents
$
252,244
$
132,812
Short
-
term investments
-
47,925
Accounts receivable, net
4,845
5,472
Inventories
3,580
2,968
Deferred tax asset, current portion
3,582
2,243
Prepaid expenses and other current assets
6,934
4,501
Total current assets
271,185
195,921
Property and equipment, net
39,726
41,845
Goodwill and intangible assets, net
16,835
13,406
Deferred tax asset, net of current portion
11,314
14,674
Other assets
4,770
5,467
Total assets
$
343,830
$
271,313
LIABILITIES AND STOCKHOLDERS
’
EQUITY
Current liabilities:
Accounts payable
$
22,341
$
13,116
Accrued liabilities
38,831
32,793
Deferred revenue
9,731
8,602
Total current liabilities
70,903
54,511
Other liabilities
3,320
1,638
Total liabilities
74,223
56,149
Commitments and contingencies (Note 6)
Stockholders
’
equity:
Common stock, $0.0001 par value; 100,000 shares authorized; 27,957 and 25,909 shares issued
and outstanding at December 31, 2010 and December 31, 2009, respectively
3
3
Additional paid
-
in capital
263,726
226,410
Accumulated earnings (deficit)
5,878
(11,249
)
Total stockholders
’
equity
269,607
215,164
Total liabilities and stockholders
’
equity
$
343,830
$
271,313
41