Thrifty Car Rental 2006 Annual Report Download - page 49

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2006 AND 2005
(In Thousands Except Share and Per Share Data)
2006 2005
ASSETS
Cash and cash equivalents 191,981$ 274,299$
Restricted cash and investments 389,794 785,290
Receivables, net 242,349 218,552
Prepaid expenses and other assets 98,020 89,299
Revenue-earning vehicles, net 2,623,719 2,202,890
Property and equipment, net 116,787 108,062
Income taxes receivable 2,585 -
Intangible assets, net 66,160 28,270
Goodwill 280,103 280,122
4,011,498$ 3,986,784$
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable 65,251$ 76,616$
Accrued liabilities 183,887 150,024
Income taxes payable - 8,207
Deferred income tax liability 266,455 235,944
Vehicle insurance reserves 103,921 100,613
Vehicle debt and obligations 2,744,284 2,724,952
Total liabilities 3,363,798 3,296,356
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value: - -
Authorized 10,000,000 shares; none outstanding
Common stock, $.01 par value:
Authorized 50,000,000 shares;
27,594,867 and 26,921,843 issued, respectively, and
23,484,367 and 25,370,243 outstanding, respectively 275 269
Additional capital 791,452 774,390
Retained earnings (accumulated deficit) 7,782 (43,910)
Accumulated other comprehensive income 4,217 4,397
Treasury stock, at cost (4,110,500 and 1,551,600 shares, respectively) (156,026) (44,718)
Total stockholders' equity 647,700 690,428
4,011,498$ 3,986,784$
See notes to consolidated financial statements.
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