ServiceMagic 2013 Annual Report Download - page 53

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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.
43
December 31,
2013
2012
(In thousands, except share data)
ASSETS
Cash and cash equivalents
$
1,100,444
$
749,977
Marketable securities
6,004
20,604
Accounts receivable, net of allowance of $8,540 and $11,088, respectively
207,408
229,830
Other current assets
161,530
156,339
Total current assets
1,475,386
1,156,750
Property and equipment, net
293,964
270,512
Goodwill
1,675,323
1,616,154
Intangible assets, net
445,336
482,904
Long-term investments
179,990
161,278
Other non-current assets
164,685
118,230
TOTAL ASSETS
$
4,234,684
$
3,805,828
LIABILITIES AND SHAREHOLDERS' EQUITY
LIABILITIES:
Current maturities of long-term debt
$
—
$
15,844
Accounts payable, trade
77,653
98,314
Deferred revenue
158,206
155,499
Accrued expenses and other current liabilities
351,038
355,232
Total current liabilities
586,897
624,889
Long-term debt, net of current maturities
1,080,000
580,000
Income taxes payable
416,384
479,945
Deferred income taxes
320,748
323,403
Other long-term liabilities
58,393
31,830
Redeemable noncontrolling interests
42,861
58,126
Commitments and contingencies
SHAREHOLDERS' EQUITY:
Common stock $.001 par value; authorized 1,600,000,000 shares; issued 250,982,079 shares and
outstanding 76,404,552 and 78,471,784 shares, respectively
251
251
Class B convertible common stock $.001 par value; authorized 400,000,000 shares; issued 16,157,499
shares and outstanding 5,789,499 shares
16
16
Additional paid-in capital
11,562,567
11,607,367
Accumulated deficit
(32,735
)
(318,519
)
Accumulated other comprehensive loss
(13,046
)
(32,169
)
Treasury stock 184,945,527 and 182,878,295 shares, respectively
(9,830,317
)
(9,601,218
)
Total IAC shareholders' equity
1,686,736
1,655,728
Noncontrolling interests
42,665
51,907
Total shareholders' equity
1,729,401
1,707,635
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
$
4,234,684
$
3,805,828