Stamps.com 2014 Annual Report Download - page 59

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STAMPS.COM INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
The accompanying notes are an integral part of these consolidated financial statements.
F-2
Table of Contents
December 31,
2014
2013
Assets
Current assets:
Cash and cash equivalents
$
40,933
$
66,674
Short
-
term investments
6,482
6,524
Accounts receivable, net
12,325
17,504
Deferred income taxes
2,143
—
Other current assets
6,071
6,541
Total current assets
67,954
97,243
Property and equipment, net
30,427
29,763
Goodwill
66,893
—
Intangible assets, net
19,570
1,047
Long
-
term investments
10,215
14,012
Deferred income taxes
51,673
40,262
Other assets
7,999
4,791
Total assets
$
254,731
$
187,118
Liabilities and Stockholders
’
Equity
Current liabilities:
Accounts payable and accrued expenses
$
22,521
$
13,928
Deferred revenue
2,164
1,425
Contingent consideration, current
9,225
—
Total current liabilities
33,910
15,353
Contingent consideration, long-term
15,790
—
Total liabilities
49,700
15,353
Commitments and contingencies
Stockholders
’
equity:
Common stock, $.001 par value Authorized shares: 47,500 in 2014 and 2013 Issued shares: 28,763 in 2014
and 28,518 in 2013 Outstanding shares: 15,997 in 2014 and 16,187 in 2013
51
51
Additional paid
-
in capital
678,075
668,724
Treasury stock, at cost, 12,766 shares in 2014 and 12,331 shares in 2013
(172,410
)
(159,522
)
Accumulated deficit
(300,746
)
(337,628
)
Accumulated other comprehensive income
61
140
Total stockholders’ equity
205,031
171,765
Total liabilities and stockholders’ equity
$
254,731
$
187,118