Thrifty Car Rental 2010 Annual Report Download - page 58

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2010 AND 2009
(In Thousands Except Share and Per Share Data)
2010 2009
ASSETS
Cash and cash equivalents 463,153$ 400,404$
Cash and cash equivalents-required minimum balance 100,000 100,000
Restricted cash and investments 277,407 622,540
Receivables, net 69,456 104,645
Prepaid expenses and other assets 67,482 63,377
Revenue-earning vehicles, net 1,341,822 1,228,637
Property and equipment, net 90,228 96,198
Income taxes receivable 65,803 4,065
Software, net 24,177 26,071
Total assets 2,499,528$ 2,645,937$
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable 45,483$ 48,366$
Accrued liabilities 167,545 204,340
Deferred income tax liability 242,930 162,923
Vehicle insurance reserves 107,720 108,584
Debt and other obligations 1,397,243 1,727,810
Total liabilities 1,960,921 2,252,023
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value: - -
Authorized 10,000,000 shares; none outstanding
Common stock, $.01 par value:
Authorized 50,000,000 shares;
35,197,167 and 34,951,351 issued, respectively, and
28,763,452 and 28,536,445 outstanding, respectively 352 349
Additional capital 940,844 932,693
Accumulated deficit (161,969) (293,185)
Accumulated other comprehensive loss (12,329) (18,374)
Treasury stock, at cost (6,433,715 and 6,414,906 shares, respectively) (228,291) (227,569)
Total stockholders' equity 538,607 393,914
Total liabilities and stockholders' equity 2,499,528$ 2,645,937$
See notes to consolidated financial statements.
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