ServiceMagic 2011 Annual Report Download - page 58

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IAC/INTERACTIVECORP AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
55
December 31,
2011
2010
(In thousands, except share data)
ASSETS
Cash and cash equivalents
$
704,153
$
742,099
Marketable securities
165,695
563,997
Accounts receivable, net of allowance of $7,309 and $8,848,
respectively
177,030
119,581
Other current assets
112,255
118,308
Total current assets
1,159,133
1,543,985
Property and equipment, net
259,588
267,928
Goodwill
1,358,524
989,493
Intangible assets, net
378,107
245,044
Long
-
term investments
173,752
200,721
Other non
current assets
80,761
81,908
TOTAL ASSETS
$
3,409,865
$
3,329,079
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Accounts payable, trade
$
64,398
$
56,375
Deferred revenue
126,297
78,175
Accrued expenses and other current liabilities
343,490
222,323
Total current liabilities
534,185
356,873
Long
-
term debt
95,844
95,844
Income taxes payable
450,533
475,685
Deferred income taxes
302,213
270,501
Other long
-
term liabilities
16,601
20,239
Redeemable noncontrolling interests
50,349
59,869
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Common stock $.001 par value; authorized 1,600,000,000 shares;
issued 234,100,950 and 225,873,751 shares, respectively, and
outstanding 77,126,881 and 84,078,621 shares, respectively
234
226
Class B convertible common stock $.001 par value; authorized
400,000,000 shares; issued 16,157,499 shares and outstanding
5,789,499 and 4,289,499 shares, respectively
16
16
Additional paid
in capital
11,280,173
11,047,884
Accumulated deficit
(477,785
)
(652,018
)
Accumulated other comprehensive (loss) income
(12,443
)
17,546
Treasury stock 167,342,069 and 153,663,130 shares, respectively
(8,885,146
)
(8,363,586
)
Total IAC shareholders' equity
1,905,049
2,050,068
Noncontrolling interests
55,091
—
Total shareholders' equity
1,960,140
2,050,068
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$
3,409,865
$
3,329,079