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Table of Contents
TELENAV, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share amounts)
See Notes to Consolidated Financial Statements.
F-3
June 30,
2013
June 30,
2012
Assets
Current assets:
Cash and cash equivalents
$
25,787
$
6,920
Short-term investments
165,898
192,548
Accounts receivable, net of allowances of $241 and $314 at June 30, 2013 and 2012, respectively
28,193
25,316
Deferred income taxes
867
1,403
Prepaid expenses and other current assets
13,781
14,319
Total current assets
234,526
240,506
Property and equipment, net
11,753
15,442
Deferred income taxes, non-current
3,771
2,872
Goodwill and intangible assets, net
18,805
923
Other assets
4,814
5,036
Total assets
$
273,669
$
264,779
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable
$
1,604
$
3,059
Accrued compensation
8,855
9,116
Accrued royalties
9,833
4,397
Other accrued expenses
16,729
8,385
Deferred revenue
7,025
9,222
Income taxes payable
95
1,350
Total current liabilities
44,141
35,529
Deferred rent, non-current
8,884
8,410
Other long-term liabilities
6,180
4,322
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value: 50,000 shares authorized; no shares issued or outstanding
—
—
Common stock, $0.001 par value: 600,000 shares authorized; 39,342 shares and 41,353 shares issued and
outstanding at June 30, 2013 and 2012, respectively
40
42
Additional paid-in capital
118,193
118,855
Accumulated other comprehensive income
373
370
Retained earnings
95,858
97,251
Total stockholders’ equity
214,464
216,518
Total liabilities and stockholders’ equity
$
273,669
$
264,779