Advance Auto Parts 2011 Annual Report Download - page 58

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ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 1, 2011 and January 2, 2010
(in thousands, except per share data)
The accompanying notes to the consolidated financial statements
are an integral part of these statements.
F-4
January 1, January 2,
2011 2010
Current assets:
Cash and cash equivalents 59,209$ 100,018$
Receivables, net 124,227 92,560
Inventories, net 1,863,870 1,631,867
Other current assets 76,965 63,173
Total current assets 2,124,271 1,887,618
Property and equipment, net of accumulated depreciation of
$927,564 and $914,045 1,143,170 1,100,338
Assets held for sale 1,472 1,492
Goodwill 34,387 34,387
Intangible assets, net 25,360 26,419
Other assets, net 25,557 22,709
3,354,217$ 3,072,963$
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt 973$ 1,344$
Financed vendor accounts payable 31,648 32,092
Accounts payable 1,292,113 966,274
Accrued expenses 404,086 393,060
Other current liabilities 119,229 73,257
Total current liabilities 1,848,049 1,466,027
Long-term debt 300,851 202,927
165,943 121,644
Commitments and contingencies
Stockholders' equity:
Preferred stock, nonvoting, $0.0001 par value,
10,000 shares authorized; no shares issued or outstanding - -
Common stock, voting, $0.0001 par value, 200,000 shares authorized;
105,682 shares issued and 81,956 outstanding at January 1, 2011
and 104,251 shares issued and 93,623 outstanding at January 2, 2010 11 10
Additional paid-in capital 456,645 392,962
Treasury stock, at cost, 23,726 and 10,628 shares (1,028,612) (391,176)
Accumulated other comprehensive loss (1,597) (6,699)
Retained earnings 1,612,927 1,287,268
Total stockholders' equity 1,039,374 1,282,365
3,354,217$ 3,072,963$
Other long-term liabilities
Assets