Stamps.com 2015 Annual Report Download - page 61
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STAMPS.COM INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(inthousands,exceptpersharedata)
December 31,
2015 2014
Assets
Currentassets:
Cashandcashequivalents $ 65,126 $ 40,933
Short-terminvestments 8,553 6,482
Accountsreceivable,net 55,052 12,325
Othercurrentassets 8,345 6,071
Totalcurrentassets 137,076 65,811
Propertyandequipment,net 31,707 30,427
Goodwill 197,807 66,893
Intangibleassets,net 95,950 19,570
Long-terminvestments 1,529 10,215
Deferredincometaxes,net 57,224 53,816
Otherassets 7,321 7,999
Totalassets $ 528,614 $ 254,731
Liabilities and Stockholders’ Equity
Currentliabilities:
Accountspayableandaccruedexpenses $ 60,816 $ 22,521
Deferredrevenue 4,000 2,164
Currentportionofdebt,netofdebtissuancecosts 4,267 —
Contingentconsideration,current 63,209 9,225
Totalcurrentliabilities 132,292 33,910
Long-termdebt,netofdebtissuancecosts 157,353 —
Contingentconsideration,long-term — 15,790
Totalliabilities 289,645 49,700
Commitmentsandcontingencies
Stockholders’equity:
Commonstock,$.001parvalue
Authorizedshares:47,500in2015and2014Issuedshares:29,463in2015and28,763in
2014
Outstandingshares:16,697in2015and15,997in2014 52 51
Additionalpaid-incapital 716,253 678,075
Treasurystock,atcost,12,766sharesin2015and2014 (172,410) (172,410)
Accumulateddeficit (304,944) (300,746)
Accumulatedothercomprehensiveincome 18 61
Totalstockholders’equity 238,969 205,031
Totalliabilitiesandstockholders’equity $ 528,614 $ 254,731
The accompanying notes are an integral part of these consolidated financial statements.
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