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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 74,894 $ 89,971
Receivables    
Trade, less allowance for doubtful accounts of $1,043 and $2,556 at December 31, 2011 and 2010, respectively 51,306 34,404
Notes and other, less allowance for doubtful accounts of $1,501 and $0 at December 31, 2011 and 2010, respectively 4,322 84
Due from Seitel Holdings, Inc. (Note K) 861 156
Seismic data library (Note B) 872,674 728,134
Less: Accumulated amortization (751,980) (622,030)
Net seismic data library 120,694 106,104
Property and equipment 16,921 15,150
Less: Accumulated depreciation and amortization (11,882) (9,704)
Net property and equipment 5,039 5,446
Investment in marketable securities 262 3,102
Prepaid expenses, deferred charges and other 10,244 10,249
Intangible assets, net (Note C) 26,814 33,117
Goodwill (Note C) 205,838 208,050
Deferred income taxes (Note D) 56 326
TOTAL ASSETS 500,330 491,009
LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT)    
Accounts payable 36,593 21,013
Accrued liabilities 16,856 25,588
Employee compensation payable 7,101 6,569
Income taxes payable 1,464 8
Debt (Note E)    
Senior Notes 275,000 402,056
Notes payable 95 154
Obligations under capital leases (Note F) 3,161 3,394
Deferred revenue (Note A) 48,845 37,121
Deferred income taxes (Note D) 1,375 2,128
TOTAL LIABILITIES 390,490 498,031
COMMITMENTS AND CONTINGENCIES (Note G)      
STOCKHOLDER'S EQUITY (DEFICIT)    
Common stock, par value $.001 per share; 100 shares authorized, issued and outstanding at December 31, 2011 and 2010      
Additional paid-in capital 398,011 277,488
Retained deficit (309,185) (311,401)
Accumulated other comprehensive income 21,014 26,891
TOTAL STOCKHOLDER'S EQUITY (DEFICIT) 109,840 (7,022)
TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY (DEFICIT) $ 500,330 $ 491,009