Advance Auto Parts 2010 Annual Report Download - page 73

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ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
January 1, 2011, January 2, 2010 and January 3, 2009
(in thousands, except per share data)
.
F-19
5. Receivables, net:
Receivables consist of the following:
January 1, January 2,
2011 2010
Trade 17,371$ 16,389$
Vendor 105,082 79,006
Other 6,590 2,801
Total receivables 129,043 98,196
Less: Allowance for doubtful accounts (4,816) (5,636)
Receivables, ne
t
124,227$ 92,560$
6. Long-term Debt:
Long-term debt consists of the following:
January 1,
2011
January 2,
2010
Revolving facility at variable interest rates
due October 2011 -$ -$
Term loan at variable interest rates
(1.31% at January 2, 2010)
repaid April 2011
(1)
- 200,000
5.75% Senior Unsecured Notes
(net of unamortized discount of
$1,176 at January 1, 2011) due May 1, 2020 298,824 -
Other 3,000 4,271
301,824 204,271
Less: Current portion of long-term debt (973) (1,344)
Long-term debt, excluding current portio
n
300,851$ 202,927$
(1) The original maturity of the Term loan was October 2011.
At January 1, 2011, the aggregate future annual maturities of long-term debt instruments are as follows:
Fiscal
Year Amount
2011 973$
2012 813
2013 689
2014 525
2015 -
Thereafter 298,824
301,824$