Barnes and Noble 2006 Annual Report Download - page 24

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CONSOLIDATED BALANCE SHEETS
(In thousands, except per share data) FEBRUARY 3, 2007 JANUARY 28, 2006
ASSETS
Current assets
Cash and cash equivalents $ 348,767 372,586
Receivables, net 100,467 99,117
Merchandise inventories 1,354,580 1,313,997
Prepaid expenses and other current assets 118,626 65,334
Total current assets 1,922,440 1,851,034
Property and equipment
Land and land improvements 3,247 3,247
Buildings and leasehold improvements 990,058 984,535
Fixtures and equipment 1,310,026 1,174,973
2,303,331 2,162,755
Less accumulated depreciation and amortization 1,497,275 1,356,379
Net property and equipment 806,056 806,376
Goodwill 259,683 263,731
Intangible assets, net 91,176 93,834
Deferred taxes 104,103 115,306
Other noncurrent assets 13,340 25,969
Total assets $ 3,196,798 3,156,250
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 792,977 828,852
Accrued liabilities 704,021 675,934
Total current liabilities 1,496,998 1,504,786
Deferred taxes 160,273 158,035
Other long-term liabilities 364,002 367,531
Minority interest 10,660 10,057
Shareholders’ equity
Common stock; $.001 par value; 300,000 shares authorized;
84,608 and 83,370 shares issued, respectively 85 83
Additional paid-in capital 1,169,167 1,091,018
Accumulated other comprehensive loss (7,086) (9,085)
Retained earnings 600,404 512,594
Treasury stock, at cost, 19,520 and 16,690 shares, respectively (597,705) (478,769)
Total shareholders’ equity 1,164,865 1,115,841
Commitments and contingencies — —
Total liabilities and shareholders’ equity $ 3,196,798 3,156,250
See accompanying notes to consolidated fi nancial statements.
22 Barnes & Noble, Inc.