iRobot 2009 Annual Report Download - page 93
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Form 10-K
iROBOT CORPORATION
CONSOLIDATED BALANCE SHEETS
January 2,
2010
December 27,
2008
(In thousands)
ASSETS
Current assets:
Cash and cash equivalents.......................................... $ 71,856 $ 40,852
Short term investments ............................................ 4,959 —
Accounts receivable, net of allowance of $90 and $65 at January 2, 2010 and
December 27, 2008, respectively ................................... 35,171 35,930
Unbilled revenue ................................................ 1,831 2,014
Inventory . ..................................................... 32,406 34,560
Deferred tax assets ............................................... 8,669 7,299
Other current assets .............................................. 4,119 3,340
Total current assets ............................................. 159,011 123,995
Property and equipment, net .......................................... 20,230 22,929
Deferred tax assets ................................................. 6,089 4,508
Other assets . ..................................................... 14,254 12,246
Total assets ................................................... $199,584 $163,678
LIABILITIES, REDEEMABLE CONVERTIBLE PREFERRED STOCK AND
STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ................................................ $ 30,559 $ 19,544
Accrued expenses ................................................ 14,384 10,989
Accrued compensation ............................................ 13,525 6,393
Deferred revenue and customer advances............................... 3,908 2,632
Total current liabilities .......................................... 62,376 39,558
Long term liabilities ................................................ 4,014 4,444
Commitments and contingencies (Note 11):
Redeemable convertible preferred stock, 5,000,000 shares authorized and zero
outstanding..................................................... — —
Common stock, $0.01 par value, 100,000,000 and 100,000,000 shares authorized
and 25,091,619 and 24,810,736 shares issued and outstanding at January 2, 2010
and December 27, 2008, respectively ................................. 251 248
Additional paid-in capital ............................................ 140,613 130,637
Deferred compensation .............................................. (64) (314)
Accumulated deficit ................................................ (7,565) (10,895)
Accumulated other comprehensive loss .................................. (41) —
Total stockholders’ equity ........................................ 133,194 119,676
Total liabilities, redeemable convertible preferred stock and stockholders’
equity ..................................................... $199,584 $163,678
See accompanying Notes to Consolidated Financial Statements
59