Advance Auto Parts 2009 Annual Report Download - page 57

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ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 2, 2010 and January 3, 2009
(in thousands, except per share data)
The accompanying notes to the consolidated financial statements
are an integral part of these statements.
F-4
January 2, January 3,
2010 2009
Current assets:
Cash and cash equivalents 100,018$ 37,358$
Receivables, net 92,560 97,203
Inventories, net 1,631,867 1,623,088
Other current assets 63,173 49,977
Total current assets 1,887,618 1,807,626
Property and equipment, net of accumulated depreciation of
$914,045 and $817,428 1,100,338 1,071,405
Assets held for sale 1,492 2,301
Goodwill 34,387 34,603
Intangible assets, net 26,419 27,567
Other assets, net 22,709 20,563
3,072,963$ 2,964,065$
Liabilities and Stockholders' Equity
Current liabilities:
Bank overdrafts -$ 20,588$
Current portion of long-term debt 1,344 1,003
Financed vendor accounts payable 32,092 136,386
Accounts payable 966,274 791,330
Accrued expenses 393,060 372,510
Other current liabilities 73,257 43,177
Total current liabilities 1,466,027 1,364,994
Long-term debt 202,927 455,161
121,644 68,744
Commitments and contingencies
Stockholders' equity:
Preferred stock, nonvoting, $0.0001 par value,
10,000 shares authorized; no shares issued or outstanding - -
Common stock, voting, $0.0001 par value, 200,000 shares authorized;
104,251 shares issued and 93,623 outstanding at January 2, 2010
and 103,000 shares issued and 94,852 outstanding at January 3, 2009 10 10
Additional paid-in capital 392,962 335,991
Treasury stock, at cost, 10,628 and 8,148 shares (391,176) (291,114)
Accumulated other comprehensive loss (6,699) (9,349)
Retained earnings 1,287,268 1,039,628
Total stockholders' equity 1,282,365 1,075,166
3,072,963$ 2,964,065$
Other long-term liabilities
Assets