Cash America 2001 Annual Report Download - page 22

20
(In thousands, except share data)
Consolidated Balance Sheets — December 31
2001 2000..
ASSETS
Current assets:
Cash and cash equivalents $ 6,394 $ 4,626
Loans 116,590 117,982
Merchandise held for disposition, net 63,392 58,817
Finance and service charges receivable 19,396 19,918
Other receivables and prepaid expenses 7,992 8,120
Income taxes recoverable —2,992
Deferred tax assets 7,795 5,455
Net current assets of discontinued operations 3,008 4,538
Total current assets 224,567 222,448
Property and equipment, net 68,450 49,597
Intangible assets, net 76,251 80,074
Other assets 5,772 6,348
Deferred tax assets 2,252 —
Net non-current assets of discontinued operations 5,598 19,766
Total assets $382,890 $378,233
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses $ 27,939 $ 21,974
Customer deposits 3,961 3,931
Reserve for disposal of discontinued operations 7,953 —
Income taxes currently payable 1,123 379
Current portion of long-term debt 9,020 5,853
Total current liabilities 49,996 32,137
Deferred tax liabilities 1,701 3,027
Long-term debt 162,762 164,611
Commitments and contingencies (Note 18)
Stockholders’ equity:
Common stock, $.10 par value per share, 80,000,000 shares
authorized; 30,235,164 shares issued in 2001 and 2000 3,024 3,024
Paid in surplus 127,821 127,820
Retained earnings 95,192 102,326
Accumulated other comprehensive loss (10,820) (8,487)
Notes receivable – stockholders (5,890) (5,755)
209,327 218,928
Less – shares held in treasury, at cost (5,643,318 in 2001
and 5,577,318 in 2000) (40,896) (40,470)
Total stockholders’ equity 168,431 178,458
Total liabilities and stockholders’ equity $382,890 $378,233
See notes to consolidated financial statements.