Salesforce.com 2006 Annual Report Download - page 56
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Table of Contents
salesforce.com, inc.
Consolidated Balance Sheets
(in thousands, except share and per share data)
January 31,
2007
January 31,
2006
Assets
Current assets:
Cash and cash equivalents $ 86,608 $ 99,842
Short-term marketable securities 165,816 107,723
Accounts receivable, net of allowance for doubtful accounts of $1,223 and $1,296 at January 31, 2007 and 2006, respectively 128,693 76,128
Deferred commissions 22,072 13,186
Deferred income taxes 228 —
Prepaid expenses and other current assets 15,679 6,338
Total current assets 419,096 303,217
Marketable securities, noncurrent 160,088 89,227
Fixed assets, net 30,155 24,216
Deferred commissions, noncurrent 9,478 3,889
Deferred income taxes, noncurrent 20,625 10,416
Goodwill 6,705 —
Other assets 18,685 3,784
Total assets $ 664,832 $ 434,749
Liabilities and stockholders' equity
Current liabilities:
Accounts payable $ 8,870 $ 10,212
Accrued expenses and other current liabilities 77,151 48,782
Income taxes payable 6,739 2,650
Deferred income taxes — 3,191
Deferred revenue 284,063 169,175
Current portion of capital lease obligations 176 615
Total current liabilities 376,999 234,625
Capital lease obligations, net of current portion 6 184
Long-term lease abandonment liability and other 1,402 1,155
Minority interest 4,634 2,414
Total liabilities 383,041 238,378
Commitments and contingencies (Note 9)
Stockholders' equity:
Preferred stock, $0.001 par value; 5,000,000 shares authorized and none outstanding at January 31, 2007 and 2006 — —
Common stock, $0.001 par value; 400,000,000 shares authorized, 114,537,560 and 110,513,576 issued and outstanding at
January 31, 2007 and 2006, respectively 115 111
Additional paid-in capital 319,496 237,010
Deferred stock-based compensation — (2,531)
Accumulated other comprehensive loss (2,187) (2,105)
Accumulated deficit (35,633) (36,114)
Total stockholders' equity 281,791 196,371
Total liabilities and stockholders' equity $ 664,832 $ 434,749
See accompanying Notes to Consolidated Financial Statements.
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