Voyager Learning CO (VLCY) [Rocket]

In millions, except per share items	Dec-31-08	Dec-29-07	Dec-30-06	Dec-31-05	Jan-01-05	Jan-01-04	Jan-01-03	Dec-29-01
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Assets
Cash and equivalents	67.3	53.9	39.9	31.0	4.3	4.0		0.5
Accounts receivable, net	7.4	9.3	15.3	88.6	95.3	94.2		89.7
Inventories	15.2	16.0	12.6	15.2	5.3	4.9		4.4
Other current assets	53.6	82.1	150.1	61.6	208.6	192.0		163.0
Total current assets	143.5	161.2	218.0	196.4	313.5	295.2		257.7
Property, plant, and equipment, net	15.6	25.2	21.5	333.6	312.9	312.7		432.5
Intangibles	15.8	13.7	12.9	23.3	15.4	9.4
Goodwill	99.7	142.9	210.1	364.5	311.3	303.7		231.5
Long-term investments				2.1
Other fixed assets	1.4	16.4	18.1	25.8	21.5	23.8		69.7
Total assets	276.0	359.4	480.6	917.1	752.9	724.0		606.4

Accounts payable	2.0	4.4	10.1	87.1	49.4	49.4	49.2	40.5
Accrued expenses	40.9	25.3	83.8	50.5	35.3	35.3	39.4	85.7
Short-term debt	0.1	0.8	59.1	522.7	5.0	5.0	0.3	0.9
Other current liabilities	27.9	19.8	233.0	173.0	124.8	124.8	147.5	140.9
Total current liabilities	70.9	50.3	385.9	833.4	214.5	214.5	236.4	267.9
Long-term debt	0.1	0.8	1.6	11.3	150.0	150.0	191.0	252.8
Other liabilities	20.3	61.3	139.1	125.1	440.9	118.7	109.3	130.7
Total liabilities	91.3	112.4	526.5	969.8	805.4	483.2	536.6	651.4

Shareholders' equity [+]	184.7	247.0	-46.0	-52.7	-52.5	240.8		-45.1
Retained earnings	-129.2	-47.7	-33.4	-380.2		-36.0	-103.0	-195.9
Treasury stock	-16.8	-16.7	-16.6	-16.6		-16.3	-14.5	-11.3
Tangible shareholders' equity	69.1	90.4	-268.9	-440.4	-379.1	-72.3		-276.6