THQ 2011 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2011 THQ annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 99

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99

 $FFRXQWV5HFHLYDEOH$OORZDQFHV
Accounts receivable allowances at March 31, 2011, 2010 and 2009 consisted of the following (amounts in thousands):
<HDU(QGHG0DUFK
Allowance for price protection and returns
Allowance for co-op advertising
Allowance for doubtful accounts and other
Total
<HDU(QGHG0DUFK
Allowance for price protection and returns
Allowance for co-op advertising
Allowance for doubtful accounts and other
Total
<HDU(QGHG0DUFK
Allowance for price protection and returns
Allowance for co-op advertising
Allowance for doubtful accounts and other
Total
%DODQFHDW
%HJLQQLQJRI
3HULRG
$ 69,126
6,668
1,750
$ 77,544
$ 75,312
13,327
12,394
$ 101,033
$ 92,788
19,907
346
$ 113,041
3URYLVLRQV
$ 142,830
28,594
(1,621)
$ 169,803
$ 139,121
28,758
118
$ 167,997
$ 194,562
53,309
14,412
$ 262,283
'HGXFWLRQV
$ (138,924)
(23,783)
2,915
$ (159,792)
$ (145,307)
(35,417)
(10,762)
$ (191,486)
$ (212,038)
(59,889)
(2,364)
$ (274,291)
%DODQFHDW
(QGRI
3HULRG
$ 73,032
11,479
3,044
$ 87,555
$ 69,126
6,668
1,750
$ 77,544
$ 75,312
13,327
12,394
$ 101,033
(1) Provisions and deductions of “Allowance for doubtful accounts and other” includes recoveries of previously written off accounts receivables.
 %DODQFH6KHHW'HWDLOV
Inventory. Inventory at March 31, 2011 and 2010 consisted of the following (amounts in thousands):
Components
Finished goods
Inventory
0DUFK
$ 3,390
28,515
$ 31,905
0DUFK
$ 2,447
11,523
$ 13,970
Prepaid expenses and other current assets. Prepaid expenses and other current assets at March 31, 2011 primarily consisted of
product costs totaling $32.0 million that were deferred in connection with the changes in deferred net revenue, and also included
product prepayments of $4.5 million. Prepaid expenses and other current assets at March 31, 2010 primarily consisted of product
prepayments of $1.2 million.
54