Nautilus 2010 Annual Report Download - page 30

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Table of Contents
NAUTILUS, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands)
See accompanying notes to consolidated financial statements.
28
As of December 31,
2010 2009
ASSETS
Current assets:
Cash and cash equivalents
$
14,296
$
7,289
Restricted cash
351
—
Trade receivables, net of allowances of $301 in 2010 and $4,160 in 2009
19,633
27,799
Inventories
10,347
13,119
Prepaids and other current assets
5,331
4,705
Income taxes receivable
456
13,178
Short-term notes receivable
832
338
Assets of discontinued operation held-for-sale
292
10,781
Deferred income tax assets
57
54
Total current assets
51,595
77,263
Restricted cash
—
4,933
Property, plant and equipment, net
3,795
8,042
Goodwill
2,931
2,794
Other intangible assets, net
18,774
20,838
Other assets
1,272
1,302
Total assets
$
78,367
$
115,172
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Trade payables
$
24,535
$
37,107
Accrued liabilities
7,045
10,744
Warranty obligations, current portion
3,539
7,129
Deferred income tax liabilities
1,160
1,220
Total current liabilities
36,279
56,200
Long-term notes payable to a related party
5,141
—
Warranty obligations - non-current
396
1,250
Income taxes payable - non-current
3,210
2,866
Deferred income tax liabilities - non-current
1,008
754
Other long-term liabilities
1,534
1,619
Total liabilities
47,568
62,689
Commitments and contingencies (Note 17)
Stockholders' equity:
Common stock - no par value, 75,000 shares authorized and 30,744 shares issued and outstanding at
December 31, 2010 and 2009
5,051
4,414
Retained earnings
18,295
41,136
Accumulated other comprehensive income
7,453
6,933
Total stockholders' equity
30,799
52,483
Total liabilities and stockholders' equity
$
78,367
$
115,172