Advance Auto Parts 2011 Annual Report Download - page 97

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ADVANCE AUTO PARTS, INC.
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
Condensed Parent Company Balance Sheets
January 1, 2011 and January 2, 2010
(in thousands, except per share data)
The accompanying notes to the condensed parent company financial information
are an integral part of this schedule.
F-43
January 1, January 2,
2011 2010
Assets
Cash and cash equivalents 23$ 23$
Other current assets 1,256 6,321
Property and equipment, net of accumulated depreciation 5 8
Other assets, net 12,130 1,086
Investment in subsidiary 2,579,371 2,212,221
Total assets 2,592,785$ 2,219,659$
Liabilities and stockholders' equity
Accrued expenses 10,417$ 8,107$
Dividends payable 4,930 5,587
Long-term debt 298,824 -
Intercompany payable, net 1,239,240 923,600
Total liabilities 1,553,411 937,294
Stockholders' equity
Preferred stock, nonvoting, $0.0001 par value,
10,000 shares authorized; no shares issued or outstanding - -
Common stock, voting $0.0001 par value; 200,000
shares authorized; 105,682 shares issued and 81,956 outstanding
in 2010 and 104,251 issued and 93,623 outstanding in 2009 11 10
Additional paid-in capital 456,645 392,962
Treasury stock, at cost, 23,726 and 10,628 shares (1,028,612) (391,176)
Accumulated other comprehensive loss (1,597) (6,699)
Retained earnings 1,612,927 1,287,268
Total stockholders' equity 1,039,374 1,282,365
Total liabilities and stockholders' equit
y
2,592,785$ 2,219,659$