Accrued Expenses And Other Current Liabilities

6 Months Ended

Jun. 30, 2013

Accrued Expenses And Other Current Liabilities [Abstract]

Accrued Expenses And Other Current Liabilities

5. ACCRUED EXPENSES & OTHER CURRENT LIABILITIES

The following table summarizes accrued expenses and other current liabilities as of June 30, 2013 and December 31, 2012:

	June 30,		December 31,
($ thousands)	2013		2012
Accrued compensation and benefits	$	22,789	$	19,714
Professional services		16,370		13,588
Sales/use and VAT tax payable		15,982		12,444
Fulfillment, freight and duties		15,414		8,621
Accrued rent and occupancy		11,291		10,226
Entrusted loan payable(1)		-		7,943
Other(2)		9,117		8,835
Total accrued expenses and other current liabilities	$	90,963	$	81,371

⁽¹⁾A corresponding entrusted loan receivable of $7.9  million is recorded in ‘Prepaid expenses and other current assets’ as of December 31, 2012 as amounts are related to our subsidiaries in China. The entrusted loan was paid in full during the second quarter of 2013 and as such, the entrusted loan payable, and corresponding receivable, was removed from the balance sheet as of June 30, 2013.

⁽²⁾The amounts in ‘Other’ consist of various accrued expenses and no individual item accounted for more than  5%  of the total balance at June 30, 2013 or December 31, 2012.