Advance Auto Parts 2008 Annual Report Download - page 95

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ADVANCE AUTO PARTS, INC.
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
Condensed Parent Company Balance Sheets
January 3, 2009 and December 29, 2007
(in thousands, except per share data)
The accompanying notes to the condensed parent company financial information
are an integral part of this schedule.
F-41
January 3, December 29,
2009 2007
Assets
Cash and cash equivalents 23$ 23$
Other current assets - 3
Property and equipment, net of accumulated depreciation 37 -
Other assets, net 5 -
Investment in subsidiary 1,927,219 1,677,384
Total assets 1,927,284$ 1,677,410$
Liabilities and stockholders' equity
Accrued expenses 120$ 33$
Dividends payable 5,657 5,957
Intercompany payable, net 846,341 647,625
Total liabilities 852,118 653,615
Stockholders' equity
Preferred stock, nonvoting, $0.0001 par value,
10,000 shares authorized; no shares issued or outstanding - -
Common stock, voting $0.0001 par value; 200,000
shares authorized; 103,000 shares issued and 94,852 outstanding
in 2008 and 101,072 issued and 99,060 outstanding in 2007 10 10
Additional paid-in capital 335,991 274,659
Treasury stock, at cost, 8,148 and 2,012 shares (291,114) (74,644)
Accumulated other comprehensive loss (9,349) (701)
Retained earnings 1,039,628 824,471
Total stockholders' equity 1,075,166 1,023,795
Total liabilities and stockholders' equit
y
1,927,284$ 1,677,410$