Overstock.com 2013 Annual Report Download - page 84

Download and view the complete annual report

Please find page 84 of the 2013 Overstock.com 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 108

  • 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

Table of Contents

Prepaids and other assets consist of the following (in thousands):



Prepaid maintenance
$6,949
$6,494
Prepaid other
1,993
2,148
Prepaid advertising
1,356
1,200
Investment in precious metals
—
3,055
Total prepaids and other assets
$10,298
$12,897

Fixed assets consist of the following (in thousands):



Computer hardware and software, including internal-use software and website development
$170,702
$151,155
Furniture and equipment
14,457
14,283
Leasehold improvements
6,539
6,339
191,698
171,777
Less: accumulated depreciation and amortization
(164,504)
(150,740)
Total fixed assets, net
$27,194
$21,037
Depreciation and amortization of property and equipment totaled $14.5 million, $16.0 million, and $16.4 million for the years ended December 31,
2013, 2012 and 2011, respectively. Fixed assets included assets under capital leases of $4.2 million and $1.7 million, and accumulated amortization related to
assets under capital leases of $2.1 million and $1.7 million at December 31, 2013 and 2012, respectively.

Other long-term assets consist of the following (in thousands):



Prepaid expenses, long-term portion
$1,585
$1,816
Prepaid other
438
350
Total other long-term assets, net
$2,023
$2,166
82