Bed, Bath and Beyond 2008 Annual Report Download - page 15

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BED BATH & BEYOND 2008 ANNUAL REPORT
13
February 28, March 1,
(in thousands, except per share data) 2009 2008
ASSETS
Current assets:
Cash and cash equivalents $ 668,209)$ 224,084)
Short term investment securities 2,000)—)
Merchandise inventories 1,642,339)1,616,981)
Other current assets 250,251)238,646)
Total current assets 2,562,799)2,079,711)
Long term investment securities 221,134)326,004)
Property and equipment, net 1,148,435)1,121,906)
Other assets 336,475)316,472)
Total assets $ 4,268,843)$ 3,844,093)
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 514,734)$ 570,605)
Accrued expenses and other current liabilities 247,508)258,989)
Merchandise credit and gift card liabilities 165,621)171,252)
Current income taxes payable 25,105)13,266)
Total current liabilities 952,968)1,014,112)
Deferred rent and other liabilities 227,209)192,778)
Income taxes payable 88,212)75,375)
Total liabilities 1,268,389)1,282,265)
Commitments and contingencies
Shareholders’ equity:
Preferred stock - $0.01 par value; authorized -
1,000 shares; no shares issued or outstanding —)—)
Common stock - $0.01 par value; authorized - 900,000 shares;
issued 314,678 and 312,229 shares, respectively;
outstanding 259,701 and 258,920 shares, respectively 3,147)3,122)
Additional paid-in capital 878,568)813,568)
Retained earnings 4,154,921)3,729,766)
Treasury stock, at cost (2,031,642) (1,983,590)
Accumulated other comprehensive loss (4,540) (1,038)
Total shareholders’ equity 3,000,454)2,561,828)
Total liabilities and shareholders’ equity $ 4,268,843)$ 3,844,093)
See accompanying Notes to Consolidated Financial Statements.
CONSOLIDATED BALANCE SHEETS
Bed Bath & Beyond Inc. and Subsidiaries