Advance Auto Parts 2015 Annual Report Download - page 58

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F-4
ADVANCE AUTO PARTS, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
January 2, 2016 and January 3, 2015
(in thousands, except per share data)
January 2,
2016
January 3,
2015
Assets
Current assets:
Cash and cash equivalents $ 90,782 $ 104,671
Receivables, net 597,788 579,825
Inventories, net 4,174,768 3,936,955
Other current assets 77,408 119,589
Total current assets 4,940,746 4,741,040
Property and equipment, net of accumulated depreciation of $1,489,766
and $1,372,359 1,434,577 1,432,030
Goodwill 989,484 995,426
Intangible assets, net 687,125 748,125
Other assets, net 82,633 45,737
$ 8,134,565 $ 7,962,358
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt $ 598 $ 582
Accounts payable 3,203,922 3,095,365
Accrued expenses 553,163 520,673
Other current liabilities 39,794 37,796
Total current liabilities 3,797,477 3,654,416
Long-term debt 1,213,161 1,636,311
Deferred income taxes 433,925 446,351
Other long-term liabilities 229,354 222,368
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;
74,775 shares issued and 73,314 outstanding at January 2, 2016
and 74,493 shares issued and 73,074 outstanding at January 3, 2015 7 7
Additional paid-in capital 603,332 562,945
Treasury stock, at cost, 1,461 and 1,419 shares (119,709)(113,044)
Accumulated other comprehensive loss (44,059)(12,337)
Retained earnings 2,021,077 1,565,341
Total stockholders' equity 2,460,648 2,002,912
$ 8,134,565 $ 7,962,358
The accompanying notes to the consolidated financial statements
are an integral part of these statements.