Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 749.6 $ 645.4
Receivables, net of allowance for doubtful accounts of $4.1 (2015) and $1.9 (2014) 96.5 83.6
Inventories 321.9 377.7
Prepaid expenses and other current assets 192.6 186.1
Deferred income tax assets 100.1 100.6
Total current assets 1,460.7 1,393.4
Property, at cost, net of accumulated depreciation and amortization of $427.5 (2015) and $393.2 (2014) 347.3 366.7
Deferred compensation plan assets 28.9 27.4
Other assets 147.1 152.8
Deferred financing costs, net 23.8 22.0
Marketing related intangibles and other intangible assets, net 310.3 310.4
Goodwill 97.0 102.2
Total assets 2,415.1 2,374.9
CURRENT LIABILITIES:    
Accounts payable 83.5 72.4
Royalty overrides 232.7 251.0
Accrued compensation 96.4 69.6
Accrued expenses 262.5 252.1
Current portion of long-term debt 293.5 100.0
Advance sales deposits 98.6 70.0
Income taxes payable 30.3 59.7
Total current liabilities 1,097.5 874.8
NON-CURRENT LIABILITIES:    
Long-term debt, net of current portion 1,389.5 1,711.7
Deferred compensation plan liability 44.4 42.9
Deferred income tax liabilities 11.9 15.3
Other non-current liabilities 68.2 64.6
Total liabilities $ 2,611.5 $ 2,709.3
CONTINGENCIES    
SHAREHOLDERS’ DEFICIT:    
Common shares, $0.001 par value; 1.0 billion shares authorized; 92.5 million (2015) and 92.2 million (2014) shares outstanding $ 0.1 $ 0.1
Paid-in-capital in excess of par value 426.3 409.1
Accumulated other comprehensive loss (118.4) (78.2)
Accumulated deficit (504.4) (665.4)
Total shareholders’ deficit (196.4) (334.4)
Total liabilities and shareholders’ deficit $ 2,415.1 $ 2,374.9