Stamps.com 2012 Annual Report Download - page 50

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STAMPS.COM INC. AND SUBSIDIARY
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
The accompanying notes are an integral part of these consolidated financial statements.
Table of Contents
December 31,
2012
2011
Assets
Current assets:
Cash and cash equivalents
$
29,576
$
54,087
Restricted cash
—
500
Short
-
term investments
6,323
1,397
Accounts receivable, net
14,432
10,466
Other current assets
5,602
5,476
Total current assets
55,933
71,926
Property and equipment, net
28,631
2,165
Intangible assets, net
1,262
837
Long
-
term investments
10,720
13,379
Deferred income taxes
30,549
16,125
Other assets
3,757
3,548
Total assets
$
130,852
$
107,980
Liabilities and Stockholders
’
Equity
Current liabilities:
Accounts payable and accrued expenses
$
16,366
$
12,075
Deferred revenue
1,532
1,898
Total current liabilities
17,898
13,973
Commitments and contingencies
Stockholders
’
equity:
Common stock, $.001 par value Authorized shares: 47,500 in 2012 and 2011 Issued shares: 27,472 in 2012
and 26,856 in 2011 Outstanding shares: 15,319 in 2012 and 16,163 in 2011
50
49
Additional paid
-
in capital
649,694
637,483
Treasury stock, at cost, 12,153 shares in 2012 and 10,693 shares in 2011
(155,260
)
(123,472
)
Accumulated deficit
(381,781
)
(420,338
)
Accumulated other comprehensive income
251
285
Total stockholders’ equity
112,954
94,007
Total liabilities and stockholders’ equity
$
130,852
$
107,980
F
-
2