XML 56 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 64,155 $ 68,949
Marketable securities, at fair value 11,445 21,322
Accounts and notes receivable, less allowance for doubtful accounts of $3,919,000 in 2013 and $3,970,000 in 2012 189,107 140,218
Inventories and supplies 32,447 28,675
Deferred income taxes 2,339 0
Prepaid expenses and other 9,699 8,682
Total current assets 309,192 267,846
Property and equipment:    
Laundry and linen equipment installations 2,516 2,336
Housekeeping and office equipment and furniture 29,182 26,098
Autos and trucks 305 315
Property and equipment, gross 32,003 28,749
Less accumulated depreciation 20,699 18,477
Property and equipment, net 11,304 10,272
Goodwill 40,183 16,955
Other intangible assets, less accumulated amortization of $12,909,000 in 2013 and $10,078,000 in 2012 23,372 5,203
Notes receivable — long term portion, net of discount 5,779 1,823
Deferred compensation funding, at fair value 22,200 17,831
Deferred income taxes — long term portion 13,274 11,215
Other noncurrent assets 38 38
Total Assets 425,342 331,183
Current liabilities:    
Accounts payable 43,682 22,810
Accrued payroll, accrued and withheld payroll taxes 37,162 31,997
Other accrued expenses 8,528 3,526
Income taxes payable 1,878 1,906
Deferred income taxes 0 575
Accrued insurance claims 7,853 6,850
Total current liabilities 99,103 67,664
Accrued insurance claims — long term portion 18,325 15,712
Deferred compensation liability 22,771 18,237
Commitments and contingencies      
STOCKHOLDERS’ EQUITY:    
Common stock, $.01 par value; 100,000,000 shares authorized; 71,868,000 shares issued and outstanding in 2013 and 70,036,000 shares issued and outstanding in 2012 719 700
Additional paid-in capital 168,329 113,495
Retained earnings 127,464 127,042
Accumulated other comprehensive income, net of taxes 49 [1] 127 [1]
Common stock in treasury, at cost, 1,892,000 shares in 2013 and 1,983,000 shares in 2012 (11,418) (11,794)
Total stockholders’ equity 285,143 229,570
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 425,342 $ 331,183
[1] All amounts are net of tax.