Advance Auto Parts 2012 Annual Report Download - page 49

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F-4
ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 29, 2012 and December 31, 2011
(in thousands, except per share data)
December 29,
2012
December 31,
2011
Assets
Current assets:
Cash and cash equivalents $ 598,111 $ 57,901
Receivables, net 229,866 140,007
Inventories, net 2,308,609 2,043,158
Other current assets 47,614 52,754
Total current assets 3,184,200 2,293,820
Property and equipment, net of accumulated depreciation of $1,102,147
and $983,622 1,291,759 1,223,099
Assets held for sale 788 615
Goodwill 76,389 76,389
Intangible assets, net 28,845 31,380
Other assets, net 31,833 30,451
$ 4,613,814 $ 3,655,754
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt $ 627 $ 848
Accounts payable 2,029,814 1,653,183
Accrued expenses 379,639 385,746
Other current liabilities 149,558 148,098
Total current liabilities 2,559,638 2,187,875
Long-term debt 604,461 415,136
Other long-term liabilities 239,021 204,829
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;
73,731 shares issued and 73,383 outstanding at December 29, 2012
and 106,537 shares issued and 72,799 outstanding at December 31, 2011 7 11
Additional paid-in capital 520,215 500,237
Treasury stock, at cost, 348 and 33,738 shares (27,095)(1,644,767)
Accumulated other comprehensive income 2,667 2,804
Retained earnings 714,900 1,989,629
Total stockholders' equity 1,210,694 847,914
$ 4,613,814 $ 3,655,754
The accompanying notes to the consolidated financial statements
are an integral part of these statements.