Thrifty Car Rental 2007 Annual Report Download - page 54

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2007 AND 2006
(In Thousands Except Share and Per Share Data)
2007 2006
ASSETS
Cash and cash equivalents 101,025$ 191,981$
Restricted cash and investments 132,945 389,794
Receivables, net 238,127 242,349
Prepaid expenses and other assets 92,163 98,020
Revenue-earning vehicles, net 2,808,354 2,623,719
Property and equipment, net 122,303 116,787
Income taxes receivable 11,334 2,585
Intangible assets, net 103,777 66,160
Goodwill 281,424 280,103
3,891,452$ 4,011,498$
LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES:
Accounts payable 80,537$ 65,251$
Accrued liabilities 198,042 183,887
Deferred income tax liability 267,412 266,455
Vehicle insurance reserves 110,034 103,921
Debt and other obligations 2,656,562 2,744,284
Total liabilities 3,312,587 3,363,798
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.01 par value: - -
Authorized 10,000,000 shares; none outstanding
Common stock, $.01 par value:
Authorized 50,000,000 shares;
27,903,258 and 27,594,867 issued, respectively, and
21,488,352 and 23,484,367 outstanding, respectively 278 275
Additional capital 799,449 791,452
Retained earnings 8,511 7,782
Accumulated other comprehensive income (loss) (1,804) 4,217
Treasury stock, at cost (6,414,906
and 4,110,500 shares, respectively) (227,569) (156,026)
Total stockholders' equity 578,865 647,700
3,891,452$ 4,011,498$
See notes to consolidated financial statements.
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