(In thousands, except share data) 2004 2005
Assets
Cash and cash equivalents $ 48,320 $ 28,661
Investments 473,603 826,123
Trade accounts receivable, net of allowance for doubtful accounts of
$186 and $177 as of January 3, 2004 and January 1, 2005, respectively 2,152 5,581
Receivable from Disney, net of reserve for returns and allowance for
doubtful accounts of $29,920 and $3,479 as of January 3, 2004
and January 1, 2005, respectively 198,280 68,074
Other receivables 4,465 8,307
Prepaid expenses and other assets 1,047 2,227
Deferred income taxes 51,496 70,424
Property and equipment, net 115,026 125,602
Capitalized film production costs, net 107,667 140,038
Total assets $1,002,056 $1,275,037
Liabilities and Stockholders’ Equity
Accounts payable $ 1,803 $ 5,392
Income taxes payable 37,595 14,077
Other accrued liabilities 13,007 26,971
Unearned revenue 9,141 8,502
Total liabilities $ 61,546 $ 54,942
Commitments and contingencies (Note 7)
Shareholders’ Equity:
Preferred stock; no par value; 5,000,000 shares authorized, no shares
issued and outstanding — —
Common stock; no par value; 100,000,000 shares authorized; 55,473,176
and 58,426,252 shares issued and outstanding as of January 3, 2004
and January 1, 2005, respectively 546,999 687,387
Accumulated other comprehensive income (loss) 314 (2,211)
Retained earnings 393,197 534,919
Total shareholders’ equity $ 940,510 $1,220,095
Total liabilities and shareholders’ equity $1,002,056 $1,275,037
Pixar
Comparative Balance Sheet
January 3, 2004, and January 1, 2005