Cabela's 2008 Annual Report Download - page 86

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81
CABELA’S INCORPORATED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in Thousands Except Share and Per Share Amounts)
7. PREPAID EXPENSES AND OTHER ASSETS
Prepaid expenses and other assets (current and long-term) consisted of the following at the years ended:
2008 2007
Prepaid expenses and other current assets:
Deferred catalog costs $ 31,015 $32,569
Interest and notes receivable 10,314 5,520
Financial Services - Visa interchange funding 32,217 31,067
Financial Services accrued interest and other receivables 43,812 34,575
Other 16,081 12,566
$133,439 $116,297
Other assets:
Goodwill $2,874 $4,474
Intangible assets, net 3,028 3,649
Financial Services deferred financing and new account costs 9,616 6,942
Long-term notes and other receivables 9,246 12,382
Held to maturity investments 1,780 1,630
Other 720 699
$27,264 $29,776
8. ACCRUED EXPENSES
Accrued expenses consisted of the following at the years ended:
2008 2007
Accrued employee compensation and benefits $ 45,662 $61,519
Accrued property, sales, and other taxes 24,622 17,926
Deferred revenue and accrued sales returns 24,632 27,710
Accrued interest 7,548 6,305
Accrued credit card fees 5,507 6,306
Other 15,325 19,744
$123,296 $139,510
9. OTHER LONG-TERM LIABILITIES
Other long-term liabilities consisted of the following at the years ended:
2008 2007
Deferred lease tenant allowances $ 37,823 $17,018
Deferred grant income 10,041 9,685
Deferred compensation 5,192 5,379
FIN 48 unrecognized tax benefits 3,076 2,000
$56,132 $34,082