Vonage 2010 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2010 Vonage annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 97

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97

V
O
NA
G
EH
O
LDIN
GS CO
RP
.
N
OTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(
In thousands, except per share amounts
)
D
e
b
tre
l
ate
d
costs, net
D
ecember 31
,
2
0
1
0
D
ecember 31
,
2
009
S
enior secured term loa
n
$
5,430
$
—
S
enior secured lien notes
12
,
2
7
112
,
2
7
1
1
7,7
01 12
,
2
7
1
L
ess: accumu
l
ate
d
amort
i
zat
i
on (4,588) (3,186
)
a
cce
l
erate
d
amort
i
zat
i
on (7,741) (1,673
)
D
e
b
tre
l
ate
d
costs
,
net $5
,
372 $ 7
,
412
R
estr
i
cte
d
cas
h
D
ecember 31
,
2
0
1
0
D
ecember 31
,
2
009
L
etter of credit-lease de
p
osits
$
7,350
$
7,350
L
etter of credit-ener
g
y curtailment pro
g
ra
m
535
—
L
etter of credit-credit card
p
rocessors
—10
,5
00
Le
tt
e
r
o
f
c
r
ed
it-t
a
x
es
—9
7
Le
tt
e
r
o
f
c
r
ed
it-AT
&T
—53
7
,
88
5
18
,
000
C
ash reserves 93 25
,
70
0
R
estr
i
cte
d
cas
h
$
7
,
978 $43
,
700
A
ccrue
d
expense
s
D
ecem
b
er
3
1
,
20
1
0
D
ecem
b
er
3
1
,
2009
Compensation and related taxes and temporar
y
labor $19,709 $16,74
7
M
ar
k
et
i
ng
1
8
,
886 9
,
33
1
T
axes and
f
ees
1
5
,
973 14
,
415
Li
t
i
gat
i
o
n
1
1
,
717 6
,
68
9
T
e
l
ecommun
i
cat
i
ons
1
0
,
636 9
,
87
3
O
ther accrual
s
6,
295 3
,
000
C
ustomer credit
s
2,
138 3
,
38
4
P
ro
f
essional
f
ee
s
1
,
864 2
,
209
A
ccrue
di
nteres
t
9
75 3
,
30
4
I
nventor
y
9
57 95
C
redit card fees
2
57 12
4
Accrued ex
p
enses
$
89,407
$
69,171
Note 3
.
Intangible Asset
s
D
ecember 31
,
2
0
1
0
D
ecember 31
,
2
009
P
atents and
p
atent license
s
$
12
,
018
$
12
,
018
T
r
ade
m
a
rk
560 560
1
2
,
578 12
,
57
8
L
ess: accumu
l
ate
d
amort
i
zat
i
on (8,392) (7,247
)
I
ntan
g
ible assets, net
$
4,186
$
5,331
F
-
14
VO
NA
G
E ANN
U
AL REP
O
RT 2010