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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
CURRENT ASSETS:  
Cash and cash equivalents$ 51,674$ 51,789
Restricted cash0175
Marketable securities at fair value1,3861,365
Accounts receivable, net of allowances of $2,986 and $3,534, respectively21,52726,897
Inventories8,6498,506
Prepaid and other expenses2,7684,036
Prepaid and receivable income taxes616657
Deferred income taxes308308
Total current assets86,92893,733
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $50,069 and $46,206 respectively12,38415,114
DEFERRED INCOME TAXES116101
INTANGIBLE ASSETS - NET113294
GOODWILL1,7171,717
OTHER ASSETS - NET8,88611,352
TOTAL ASSETS110,144122,311
CURRENT LIABILITIES:  
Short term debt146146
Accounts payable4,7557,097
Accrued and other liabilities10,34311,111
Current portion of deferred revenue19,97121,824
Accrued compensation3,5244,681
Total current liabilities38,73944,859
LONG TERM DEBT9,4458,798
DEFERRED REVENUE23,61228,834
DEFERRED INCOME TAXES308308
OTHER ACCRUED LIABILITIES3,6353,503
ACCRUED COMPENSATION1,2111,633
Total liabilities76,95087,935
COMMITMENTS AND CONTINGENT LIABILITIES (NOTE 10)  
EQUITY:  
Preferred stock - $.01 par value; authorized, 10,000,000 shares  
Common stock - $.01 par value; authorized, 35,000,000 shares; issued and outstanding 18,426,761 at September 30, 2011 and 18,296,959 at December 31, 2010184183
Additional paid-in capital21,80519,968
Accumulated other comprehensive income6,9146,713
Retained earnings4,5237,691
Total LoJack Corporation equity33,42634,555
Noncontrolling interest in subsidiary(232)(179)
Total equity33,19434,376
TOTAL LIABILITIES AND EQUITY$ 110,144$ 122,311