American Home Shield 2008 Annual Report Download - page 70

Download and view the complete annual report

Please find page 70 of the 2008 American Home Shield 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 186

  • 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
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186

Table of Contents
Consolidated Statements of Financial Position
(In thousands, except share data)
Successor
As of December 31, 2008 2007
Assets:
Current Assets:
Cash and cash equivalents $ 405,587 $ 207,219
Marketable securities 22,928 108,816
Receivables, less allowances of $21,138 and $20,994, respectively 335,927 336,068
Inventories 80,018 72,352
Prepaid expenses and other assets 37,648 26,843
Deferred customer acquisition costs 36,514 25,322
Deferred taxes 42,945 48,177
Assets of discontinued operations 412 42,474
Total Current Assets 961,979 867,271
Property and Equipment:
At cost 287,818 210,144
Less: accumulated depreciation (72,189) (22,147)
Net Property and Equipment 215,629 187,997
Other Assets:
Goodwill 3,093,909 3,049,923
Intangible assets, primarily trade names, service marks and trademarks, net 2,967,984 3,185,253
Notes receivable 25,628 26,401
Long-term marketable securities 110,134 158,939
Other assets 35,350 30,334
Debt issuance costs 83,014 84,942
Total Assets $7,493,627 $7,591,060
66