Vonage 2012 Annual Report Download - page 66

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F-13 VONAGE ANNUAL REPORT 2012
Comprehensive Income (Loss)
Comprehensive income (loss) consists of net income (loss)
and other comprehensive items. Other comprehensive items include
foreign currency translation adjustments.
Reclassifications
Certain reclassifications have been made to prior years’
financial statements in order to conform to the current year’s
presentation. The reclassifications had no impact on net earnings
previously reported.
Note 2. Supplemental Balance Sheet Account Information
Prepaid expenses and other current assets
December 31,
2012
December 31,
2011
Nontrade receivables $6,599 $6,432
Services 6,092 5,767
Telecommunications 1,503 1,886
Insurance 389 795
Marketing 639 640
Other prepaids 265 1,300
Prepaid expenses and other current assets $ 15,487 $16,820
Property and equipment, net
December 31,
2012
December 31,
2011
Building (under capital lease) $25,709 $25,709
Network equipment and computer hardware 87,145 137,053
Leasehold improvements 43,774 43,350
Furniture 842 1,102
Vehicles 97 258
157,567 207,472
Less: accumulated depreciation and amortization (97,034) (139,494)
Property and equipment, net $60,533 $67,978
Software, net
December 31,
2012
December 31,
2011
Purchased $89,538 $77,724
License 909 909
Internally developed 36,088 37,696
126,535 116,329
Less: accumulated amortization (71,428) (70,668)
abandonment of software assets $ (35,547) $ —
Software, net $ 19,560 $45,661
VONAGE HOLDINGS CORP.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
(In thousands, except per share amounts)