Stamps.com 2013 Annual Report Download - page 52

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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.
F-2
Table of Contents
December 31,
2013
2012
Assets
Current assets:
Cash and cash equivalents
$
66,674
$
29,576
Short
-
term investments
6,524
6,323
Accounts receivable, net
17,504
14,432
Other current assets
6,541
5,602
Total current assets
97,243
55,933
Property and equipment, net
29,763
28,631
Intangible assets, net
1,047
1,262
Long
-
term investments
14,012
10,720
Deferred income taxes
40,262
30,549
Other assets
4,791
3,757
Total assets
$
187,118
$
130,852
Liabilities and Stockholders
’
Equity
Current liabilities:
Accounts payable and accrued expenses
$
13,928
$
16,366
Deferred revenue
1,425
1,532
Total current liabilities
15,353
17,898
Commitments and contingencies
Stockholders
’
equity:
Common stock, $.001 par value
Authorized shares: 47,500 in 2013 and 2012
Issued shares: 28,518 in 2013 and 27,472 in 2012
Outstanding shares: 16,187 in 2013 and 15,319 in 2012
51
50
Additional paid
-
in capital
668,724
649,694
Treasury stock, at cost, 12,331 shares in 2013 and 12,153 shares in 2012
(159,522
)
(155,260
)
Accumulated deficit
(337,628
)
(381,781
)
Accumulated other comprehensive income
140
251
Total stockholders’ equity
171,765
112,954
Total liabilities and stockholders’ equity
$
187,118
$
130,852