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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 246,347 $ 326,365
Investment securities available for sale 288,376 346,043
Accounts receivable - trade, net 20,112 23,328
Inventories 90,695 90,323
Income taxes receivable, net 0 3,282
Restricted assets 2,834 2,595
Other current assets 37,824 36,718
Total current assets 686,188 828,654
Property, plant and equipment, net 76,367 84,112
Real estate held for sale, net 22,963 10,643
Long-term investments 53,648 40,292
Investments in real estate ventures 194,052 163,460
Restricted assets 18,647 12,013
Goodwill and other intangible assets, net 265,480 269,972
Prepaid pension costs 27,440 25,032
Other assets 54,016 58,893
Total assets 1,398,801 1,493,071
Current liabilities:    
Current portion of notes payable and long-term debt 7,957 52,640
Current portion of fair value of derivatives embedded within convertible debt 0 884
Current payments due under the Master Settlement Agreement 92,952 26,322
Current portion of employee benefits 931 931
Income taxes payable, net 186 1,743
Litigation accruals 7,640 3,149
Deferred income taxes, net 7,321 28,479
Other current liabilities 111,803 126,755
Total current liabilities 228,790 240,903
Notes payable, long-term debt and other obligations, less current portion 879,690 860,711
Fair value of derivatives embedded within convertible debt 149,739 168,502
Non-current employee benefits 49,913 49,314
Deferred income taxes, net 96,497 94,510
Payments due under the Master Settlement Agreement 20,094 25,809
Litigation accruals 24,072 25,700
Other liabilities 6,833 5,570
Total liabilities $ 1,455,628 $ 1,471,019
Commitments and contingencies (Note 7)
Stockholders' (deficiency) equity:    
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized $ 0 $ 0
Common stock, par value $0.10 per share, 250,000,000 and 250,000,000 shares authorized, 122,592,329 and 118,646,261 shares issued and 122,592,329 and 114,501,014 shares outstanding 12,259 11,450
Additional paid-in capital 0 0
Accumulated deficit (163,914) (90,160)
Accumulated other comprehensive income 9,868 34,540
Treasury shares, at cost, 0 and 4,145,247 0 (12,857)
Total Vector Group Ltd. stockholders' deficiency (141,787) (57,027)
Non-controlling interest 84,960 79,079
Total stockholders' (deficiency) equity (56,827) 22,052
Total liabilities and stockholders' (deficiency) equity $ 1,398,801 $ 1,493,071