CONDENSED BALANCE SHEET | |||||||
(Dollars in thousands)
(unaudited) |
|||||||
June 30,
2008 |
December 31,
2007 |
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Assets |
|||||||
Cash & short-term investments | $ | 238,195 | $ | 177,467 | |||
Accounts receivable | 35,715 | 130,880 | |||||
Current deferred tax assets | 43,734 | 43,734 | |||||
Other current assets | 12,416 | 19,332 | |||||
Property & equipment and Patents (net) | 118,279 | 111,686 | |||||
Long-term deferred tax assets and non-current assets |
50,668 |
51,786 | |||||
TOTAL ASSETS | $ | 499,007 | $ | 534,885 | |||
Liabilities and Shareholders ’ Equity |
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Current portion of long-term debt | $ | 274 | $ | 1,311 | |||
Accounts payable & accrued liabilities | 46,728 | 76,974 | |||||
Current deferred revenue | 81,585 | 78,899 | |||||
Long-term deferred revenue | 245,698 | 224,545 | |||||
Long-term debt & long-term liabilities | 9,038 | 6,089 | |||||
TOTAL LIABILITIES | 383,323 | 397,818 | |||||
SHAREHOLDERS' EQUITY | 115,684 | 137,067 | |||||
TOTAL LIABILITIES & SHAREHOLDERS ’ EQUITY | $ | 499,007 | $ | 534,885 |