Thrifty Car Rental 2011 Annual Report Download - page 56

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2011 AND 2010
(In Thousands Except Share and Per Share Data)
2011 2010
ASSETS
Cash and cash equivalents 508,648$ 463,153$
Cash and cash equivalents-required minimum balance - 100,000
Restricted cash and investments 353,265 277,407
Receivables, net 95,360 69,456
Prepaid expenses and other assets 65,959 67,482
Revenue-earning vehicles, net 1,467,835 1,341,822
Property and equipment, net 84,278 90,228
Income taxes receivable 18,786 65,803
Software, net 21,535 24,177
Total assets 2,615,666$ 2,499,528$
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable 54,377$ 45,483$
Accrued liabilities 124,185 167,545
Deferred income tax liability 342,962 242,930
Vehicle insurance reserves 86,515 107,720
Debt and other obligations 1,399,955 1,397,243
Total liabilities 2,007,994 1,960,921
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value: - -
Authorized 10,000,000 shares; none outstanding
Common stock, $.01 par value:
Authorized 50,000,000 shares;
36,048,606 and 35,197,167 issued, respectively, and
29,556,887 and 28,763,452 outstanding, respectively 361 352
Additional capital 848,843 940,844
Accumulated deficit (2,419) (161,969)
Accumulated other comprehensive loss (7,617) (12,329)
Treasury stock, at cost (6,491,719 and 6,433,715 shares, respectively) (231,496) (228,291)
Total stockholders' equity 607,672 538,607
Total liabilities and stockholders' equity 2,615,666$ 2,499,528$
See notes to consolidated financial statements.