LeapFrog 2006 Annual Report Download - page 7

Download and view the complete annual report

Please find page 7 of the 2006 LeapFrog 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 182

  • 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

Page
PART I
Item 1 Business ..................................................................... 1
Item 1A Risk Factors .................................................................. 15
Item 1B Unresolved Staff Comments ..................................................... 23
Item 2 Properties .................................................................... 23
Item 3 Legal Proceedings ............................................................. 24
Item 4 Submission of Matters to a Vote of Securities Holders ................................. 24
PART II
Item 5 Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities .............................................................. 25
Item 6 Selected Financial Data ......................................................... 27
Item 7 Management’s Discussion and Analysis of Financial Condition and Results of Operations .... 27
Item 7A Quantitative and Qualitative Disclosures About Market Risk ............................ 52
Item 8 Financial Statements and Supplementary Data ....................................... 53
Item 9 Changes in and Disagreements With Accountants on Accounting and Financial Disclosure .... 53
Item 9A Controls and Procedures ......................................................... 53
Item 9B Other Information .............................................................. 57
PART III
Item 10 Directors, Executive Officers and Corporate Governance ............................... 57
Item 11 Executive Compensation ........................................................ 57
Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters ...................................................................... 57
Item 13 Certain Relationships and Related Transactions, and Director Independence ............... 58
Item 14 Principal Accountant Fees and Services ............................................ 58
PART IV
Item 15 Exhibits and Financial Statement Schedules ......................................... 59
Signatures ............................................................................. 60
Power of Attorney ....................................................................... 60
Appendix A Schedule II—Valuation and Qualifying Accounts and Allowances ...................... 65
Index to Consolidated Financial Statements .............................................. F-1
Report of Independent Registered Public Accounting Firm .................................. F-2
Consolidated Balance Sheets .......................................................... F-3
Consolidated Statements of Operations .................................................. F-4
Consolidated Statements of Stockholders’ Equity .......................................... F-5
Consolidated Statements of Cash Flows ................................................. F-6
Notes to the Consolidated Financial Statements ........................................... F-7
Exhibit Index
ii