HR Block 2012 Annual Report Download - page 53

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CONSOLIDATED BALANCE SHEETS
(in 000s, except share and per share amounts)
As of April 30, 2012 2011
ASSETS
Cash and cash equivalents $ 1,944,334 $ 1,677,844
Cash and cash equivalents — restricted 48,100 48,383
Receivables, less allowance for doubtful accounts of $44,589 and $47,943 193,858 230,172
Prepaid expenses and other current assets 314,702 191,360
Assets of discontinued operations, held for sale –900,328
Total current assets 2,500,994 3,048,087
Mortgage loans held for investment, less allowance for
loan losses of $26,540 and $92,087 406,201 485,008
Investments in available-for-sale securities 371,315 163,836
Property and equipment, at cost less accumulated depreciation
and amortization of $622,313 and $578,655 252,985 255,298
Intangible assets, net 264,451 275,342
Goodwill 427,566 434,151
Other assets 426,055 627,731
Total assets $ 4,649,567 $ 5,289,453
LIABILITIES AND STOCKHOLDERS’ EQUITY
LIABILITIES:
Customer banking deposits $ 827,549 $ 852,220
Accounts payable, accrued expenses and other current liabilities 567,079 550,982
Accrued salaries, wages and payroll taxes 163,992 208,748
Accrued income taxes 336,374 458,911
Current portion of long-term debt 631,434 557
Federal Home Loan Bank borrowings –25,000
Liabilities of discontinued operations, held for sale –241,562
Total current liabilities 2,526,428 2,337,980
Long-term debt 409,115 1,039,527
Other noncurrent liabilities 388,132 462,372
Total liabilities 3,323,675 3,839,879
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Common stock, no par, stated value $.01 per share, 800,000,000 shares
authorized, shares issued of 397,886,599 and 412,440,599 3,979 4,124
Convertible preferred stock, no par, stated value $0.01 per share,
500,000 shares authorized ––
Additional paid-in capital 796,784 812,666
Accumulated other comprehensive income 12,145 11,233
Retained earnings 2,523,997 2,658,103
Less treasury shares, at cost (2,011,013) (2,036,552)
Total stockholders’ equity 1,325,892 1,449,574
Total liabilities and stockholders’ equity $ 4,649,567 $ 5,289,453
See accompanying notes to consolidated financial statements.
H&R BLOCK 2012 Form 10K
39