Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS (Unaudited)

v2.3.0.15
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 34,634 $ 33,070
Receivables 168,840 132,856
Less allowance for doubtful receivables 6,273 9,189
Net receivables 162,567 123,667
Deferred income taxes 10,145 10,145
Prepaid expenses 8,434 5,950
Inventories 7,949 5,804
Other current assets 3,658 3,940
Total current assets 227,387 182,576
Property and equipment in service, net of depreciation 762,170 798,278
Construction in progress 108,692 31,144
Net property and equipment 870,862 829,422
Cable certificates 191,635 191,635
Goodwill 73,932 73,932
Wireless licenses 25,967 25,967
Restricted cash 16,546 0
Other intangible assets, net of amortization 16,549 17,717
Deferred loan and senior notes costs, net of amortization 13,223 13,661
Other assets 15,271 16,850
Total other assets 353,123 339,762
Total assets 1,451,372 1,351,760
Current liabilities:    
Current maturities of obligations under long-term debt and capital leases 8,042 7,652
Accounts payable 49,726 35,589
Deferred revenue 18,583 17,296
Accrued payroll and payroll related obligations 20,313 22,132
Accrued interest 21,969 13,456
Accrued liabilities 11,370 12,557
Subscriber deposits 1,304 1,271
Total current liabilities 131,307 109,953
Long-term debt, net 852,374 779,201
Obligations under capital leases, excluding current maturities 80,031 84,144
Obligation under capital lease due to related party 1,893 1,885
Deferred income taxes 109,804 102,401
Long-term deferred revenue 63,914 49,175
Other liabilities 22,433 24,495
Total liabilities 1,261,756 1,151,254
Stockholders' equity:    
Paid-in capital 40,750 37,075
Retained earnings 100,345 93,607
Total General Communication, Inc. stockholders' equity 173,070 200,506
Noncontrolling interest 16,546 0
Total stockholders' equity 189,616 200,506
Total liabilities and stockholders' equity 1,451,372 1,351,760
Class A
    
Stockholders' equity:    
Common stock, no par 31,535 69,396
Less treasury stock (2,240) 0
Class B
    
Stockholders' equity:    
Common stock, no par $ 2,680 $ 2,677