AutoZone 2013 Annual Report Download - page 103

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41
Consolidated Balance Sheets
(in thousands)
August 31,
2013
August 25,
2012
Assets
Current assets:
Cash and cash equivalents ........................................................................................ $ 142,191 $ 103,093
Accounts receivable ................................................................................................. 171,638 161,375
Merchandise inventories ........................................................................................... 2,861,014 2,627,983
Other current assets .................................................................................................. 101,443 85,649
Deferred income taxes .............................................................................................. 1,727 846
Total current assets ................................................................................................ 3,278,013 2,978,946
Property and equipment:
Land .......................................................................................................................... 862,565 800,175
Buildings and improvements .................................................................................... 2,607,751 2,400,895
Equipment ................................................................................................................ 1,122,821 1,016,835
Leasehold improvements .......................................................................................... 341,182 314,559
Construction in progress ........................................................................................... 124,206 127,297
5,058,525 4,659,761
Less: Accumulated depreciation and amortization .................................................. 1,987,164 1,803,833
3,071,361 2,855,928
Goodwill ...................................................................................................................... 367,829 302,645
Deferred income taxes ................................................................................................. 4,069 33,796
Other long-term assets ................................................................................................. 170,817 94,324
542,715 430,765
$ 6,892,089 $ 6,265,639
Liabilities and Stockholders’ Deficit
Current liabilities:
Accounts payable ..................................................................................................... $ 3,307,535 $ 2,926,740
Accrued expenses and other ..................................................................................... 467,831 478,085
Income taxes payable ............................................................................................... 17,129 17,053
Deferred income taxes .............................................................................................. 202,922 183,833
Short-term borrowings ............................................................................................. 173,733 49,881
Total current liabilities ......................................................................................... 4,169,150 3,655,592
Long-term debt ............................................................................................................ 4,013,267 3,718,302
Other long-term liabilities ........................................................................................... 396,991 439,770
Commitments and contingencies ................................................................................. – –
Stockholders’ deficit:
Preferred stock, authorized 1,000 shares; no shares issued ...................................... – –
Common stock, par value $.01 per share, authorized 200,000 shares; 36,768
shares issued and 34,293 shares outstanding in 2013 and 39,869 shares issued
and 37,028 shares outstanding in 2012 ...................................................................
368
399
Additional paid-in capital ......................................................................................... 814,457 689,890
Retained deficit......................................................................................................... (1,378,936) (1,033,197)
Accumulated other comprehensive loss ................................................................... (120,788) (152,013)
Treasury stock, at cost .............................................................................................. (1,002,420) (1,053,104)
Total stockholders’ deficit .................................................................................... (1,687,319) (1,548,025)
$ 6,892,089 $6,265,639
See Notes to Consolidated Financial Statements.
10-K