Nutrisystem 2006 Annual Report Download - page 27

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D
ecember 31
,
2006
2005
2004
2003
2002
Balance
S
heet Data:
C
ash, cash e
q
uivalents and marketable securitie
s
.
.......
$
82,254
$
45,968
$
4,201
$
2,684
$
3,00
5
Wor
ki
ng cap
i
ta
l
..................................
1
34
,
049 65
,
470 5
,
100 5
,
664 4
,
44
5
Tota
l
assets
......................................
1
97,867 107,246 17,82
5
13,688 8,277
Non-current liabilities ............................. 831 2
5
4 272 2 2
55
Stoc
kh
o
ld
ers’ equ
i
ty
...............................
1
45
,
302 78
,
966 12
,
175 9
,
291 5
,
249
(a) In t
h
e secon
d
quarter o
f
2003, mana
g
ement
d
eterm
i
ne
d
t
h
at reco
g
n
i
t
i
on o
f
t
h
e
b
ene
fi
ts re
l
ate
d
to
d
e
f
erre
d
tax assets was more likel
y
than not based on an anal
y
sis of the cumulative level of pretax profits over the
pr
i
or t
h
ree years, pro
j
ecte
dl
eve
l
so
f
pro
fi
ts, sc
h
e
d
u
l
eo
f
reversa
l
o
f
temporary
diff
erences, an
d
tax p
l
ann
i
ng
s
trate
gi
es. As a resu
l
t, t
h
eva
l
uat
i
on a
ll
owance was e
li
m
i
nate
d
,a
d
e
f
erre
d
tax asset an
dli
a
bili
t
y
were
recorded on the consolidated balance sheet and an income tax benefit was recorded in the statement o
f
operat
i
ons.
(b) In 2002, the Company recorded a gain of
$
200 upon the sale of the intellectual property associated with an
operat
i
on t
h
at was
di
scont
i
nue
di
n 2001 (Sweet Success).
Th
e Company
h
as not pa
id
any
di
v
id
en
d
ss
i
nce
i
ts
i
ncept
i
on an
d
current
l
y
h
as no p
l
ans to
b
eg
i
n pay
i
n
g
divid
en
d
s.
21