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Table of Contents EARTHLINK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
Condensed Consolidating Balance Sheet
As of December 31, 2012
99
Parent
Guarantor
Subsidiaries
Non-Guarantor
Subsidiaries
Eliminations
Consolidated
ASSETS
Current assets:
Cash and cash equivalents
70,312
54,969
32,340
$
—
$
157,621
Marketable securities
42,073
—
—
—
42,073
Restricted cash
—
—
1,013
—
1,013
Accounts receivable, net
9,490
60,623
42,652
—
112,765
Prepaid expenses
6,352
6,804
4,015
—
17,171
Deferred income taxes, net
1,234
7,506
7,214
—
15,954
Due from affiliates
90,778
25,715
4,714
(121,207
)
—
Other current assets
7,862
7,520
4,921
—
20,303
Total current assets
228,101
163,137
96,869
(121,207
)
366,900
Long-term marketable securities
4,778
—
—
—
4,778
Property and equipment, net
24,427
175,805
218,734
—
418,966
Long-term deferred income taxes, net
12,421
93,401
89,190
—
195,012
Goodwill
88,920
95,805
194,690
—
379,415
Purchased intangible assets, net
—
120,505
94,180
—
214,685
Investment in subsidiaries
686,772
—
—
(
686,772
)
—
Other long-term assets
8,842
9,969
843
—
19,654
Total assets
1,054,261
658,622
694,506
$
(807,979
)
$
1,599,410
LIABILITIES AND STOCKHOLDERS’
EQUITY
Current liabilities:
Accounts payable
2,654
7,812
8,326
$
—
$
18,792
Accrued payroll and related expenses
9,493
13,221
8,289
—
31,003
Other accrued liabilities
23,064
61,266
45,242
—
129,572
Deferred revenue
13,883
20,172
17,635
—
51,690
Due to affiliates
—
121,207
—
(
121,207
)
—
Current portion of debt and capital lease
obligations
93
1,023
259
—
1,375
Total current liabilities
49,187
224,701
79,751
(121,207
)
232,432
Long-term debt and capital lease obligations
291,534
15,086
308,270
—
614,890
Other long-term liabilities
3,139
22,679
7,466
—
33,284
Total liabilities
343,860
262,466
395,487
(121,207
)
880,606
Stockholders’ equity:
Common stock
1,969
—
—
—
1,969
Additional paid-in capital
2,049,571
637,961
331,215
(960,773
)
2,057,974
Accumulated deficit
(606,148
)
(241,805
)
(32,196
)
274,001
(606,148
)
Treasury stock, at cost
(735,003
)
—
—
—
(
735,003
)
Accumulated other comprehensive income
12
—
—
—
12
Total stockholders’ equity
710,401
396,156
299,019
(686,772
)
718,804
Total liabilities and stockholders’ equity
1,054,261
658,622
694,506
$
(807,979
)
$
1,599,410