WeightWatchers 2010 Annual Report Download - page 83

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WEIGHT WATCHERS INTERNATIONAL, INC. AND SUBSIDIARIE
S
CO
N
SO
LIDATED BALAN
C
E
S
HEET
S
AT
(
IN THOUSANDS
)
J
anuar
y
1,
2011
J
anuar
y
2,
2010
ASSET
S
C
URRENT A
SS
ET
S
Cas
h
an
d
cas
h
equ
i
va
l
ent
s
.
......................................... $ 40,534 $ 46,13
7
Receivables (net of allowances: Januar
y
1, 2011—
$
5,191 and Januar
y
2,
2010—
$
3,762)
.................................................
43,722 39,
6
22
I
nventor
i
es, net
...................................................
40,571 32,488
Prepa
id i
ncome taxes
.
............................................. 11
,
619 28
,
37
5
D
e
f
e
rr
ed
in
co
m
eta
x
es
.............................................
19
,
800 18
,
242
Prepa
id
expenses an
d
ot
h
er current asset
s
..............................
3
4,196 35,087
TO
TAL
CU
RRENT A
SS
ET
S
...................................
1
90,442 199,951
Propert
y
an
d
equ
i
pment, ne
t
.............................................
3
0
,
930 36
,
038
Franchise rights acquired
...............................................
76
5
,864 7
5
8,61
7
G
oo
dwill
............................................................
51,425 51,373
T
ra
d
emar
k
san
d
ot
h
er
i
ntang
ibl
e assets, net
.................................
29
,
962 31
,
633
Deferred financing costs, net
............................................
13,391 6,
5
63
O
t
h
er noncurrent assets
................................................
9
,973 3,334
TO
TAL A
SS
ET
S
.
............................................ $
1
,091,987 $ 1,087,509
LIABILITIE
S
AND T
O
TAL DEFI
C
I
T
C
URRENT LIABILITIE
S
Port
i
on o
fl
on
g
-term
d
e
b
t
d
ue w
i
t
hi
n one
y
ear
.
.......................... $
1
97,524 $ 215,000
A
ccounts paya
ble
.................................................
3
9
,5
89 28
,
371
Dividend payable
.................................................
13,1
5
8 13,78
6
S
a
l
ar
i
es an
d
wa
g
es pa
y
a
ble
.........................................
48,443 42,734
UK VAT
li
a
bili
t
y
.................................................
0
3
3
,5
68
UK Self-employment liability
.......................................
40,782 3
6
,
660
Der
i
vat
i
ve pa
y
a
ble
................................................
3
9,753 40,94
7
Ot
h
er accrue
dli
a
bili
t
i
es ...........................................
.
86
,
198
5
6
,5
2
0
Deferred revenue
.................................................
73,
6
88
6
8,4
69
TO
TAL
C
URRENT LIABILITIE
S
...............................
5
39,13
55
36,0
55
L
on
g
-term
d
e
b
t
.......................................................
1
,167,561 1,238,00
0
De
f
erre
di
ncome taxes
.
................................................
6
2
,
807 34
,
624
Other
...............................................................
13
,
208 12
,
100
TO
TAL LIABILITIE
S
.........................................
1
,7
82
,7
11 1
,
820
,77
9
Comm
i
tments an
d
cont
i
n
g
enc
i
es (Note 14
)
T
OTAL DEFICIT
Common stock,
$
0
p
ar value; 1,000,000 shares authorized; 111,988 share
s
issue
d
........................................................
00
Treasury stock, at cost, 38,618 shares at January 1, 2011 and 34,947 shares a
t
January
2
,
2010
.................................................
(1,794,066) (1,684,343)
Retained earnin
gs
.................................................
1
,103,817 955,514
A
ccumu
l
ate
d
ot
h
er compre
h
ens
i
ve
l
oss ................................
(
4,
5
17
)(
7,683
)
T
OTAL WEIGHT WATCHERS INTERNATIONAL, INC. DEFICIT . . .
(
694,766
)(
736,
5
12
)
N
oncontrolling interes
t
.............................................
4
,
042 3
,
242
TO
TAL DEFI
C
I
T
.............................................
(690,724) (733,270)
TO
TAL LIABILITIE
S
AND T
O
TAL DEFI
C
IT
.
....................
$
1
,091,987
$
1,087,509
The accompanying notes are an integral part of the consolidated financial statements.
F-
3