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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 107,057 $ 91,259
Receivables (net of allowance for doubtful accounts of $9,979 and $9,159, respectively) 53,012 47,638
Deferred income taxes 0 429
Investments, employee benefit plans, at fair value 12,094 0
Other current assets 22,633 24,256
Total current assets 194,796 163,582
Property and equipment, at cost, net 51,992 55,662
Goodwill 66,005 66,041
Franchise rights and other identifiable intangibles, net 17,255 20,825
Receivable - marketing and reservation fees 54,014 42,507
Investments, employee benefit plans, at fair value 11,678 23,365
Deferred income taxes 22,665 24,435
Other assets 29,284 15,305
Total assets 447,689 411,722
Current liabilities    
Accounts payable 38,389 41,168
Accrued expenses 53,851 47,818
Deferred revenue 68,825 67,322
Revolving credit facility 0 200
Deferred compensation and retirement plan obligations 18,935 2,552
Current portion of long-term debt 673 420
Deferred income taxes 2,784 0
Income taxes payable 1,108 5,778
Total current liabilities 184,565 165,258
Long-term debt 252,032 251,554
Deferred compensation and retirement plan obligations 20,593 35,707
Other liabilities 16,060 17,274
Total liabilities 473,250 469,793
SHAREHOLDERS' DEFICIT    
Common stock, $0.01 par value, 160,000,000 shares authorized; 95,345,362 shares issued at December 31, 2011 and December 31, 2010 and 58,277,646 and 59,583,770 shares outstanding at December 31, 2011 and December 31, 2010, respectively 583 596
Additional paid-in capital 102,665 92,774
Accumulated other comprehensive loss (6,801) (7,192)
Treasury stock (37,067,716 and 35,761,592 shares at December 31, 2011 and December 31, 2010, respectively), at cost (916,955) (872,306)
Retained earnings 794,947 728,057
Total shareholders' deficit (25,561) (58,071)
Total liabilities and shareholders' deficit 447,689 411,722
Commitments and Contingencies