Advance Auto Parts 2014 Annual Report Download - page 51

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F-4
ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 3, 2015 and December 28, 2013
(in thousands, except per share data)
January 3,
2015
December 28,
2013
Assets
Current assets:
Cash and cash equivalents $ 104,671 $ 1,112,471
Receivables, net 579,825 277,595
Inventories, net 3,936,955 2,556,557
Other current assets 119,589 42,761
Total current assets 4,741,040 3,989,384
Property and equipment, net of accumulated depreciation of $1,372,359
and $1,255,474 1,432,030 1,283,970
Assets held for sale 615 2,064
Goodwill 995,426 199,835
Intangible assets, net 748,125 49,872
Other assets, net 45,122 39,649
$ 7,962,358 $ 5,564,774
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt $ 582 $ 916
Accounts payable 3,095,365 2,180,614
Accrued expenses 520,673 428,625
Other current liabilities 126,446 154,630
Total current liabilities 3,743,066 2,764,785
Long-term debt 1,636,311 1,052,668
Other long-term liabilities 580,069 231,116
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;
74,493 shares issued and 73,074 outstanding at January 3, 2015
and 74,224 shares issued and 72,840 outstanding at December 28, 2013 7 7
Additional paid-in capital 562,945 531,293
Treasury stock, at cost, 1,419 and 1,384 shares (113,044)(107,890)
Accumulated other comprehensive (loss) income (12,337) 3,683
Retained earnings 1,565,341 1,089,112
Total stockholders' equity 2,002,912 1,516,205
$ 7,962,358 $ 5,564,774
The accompanying notes to the consolidated financial statements
are an integral part of these statements.