Chili's 2012 Annual Report Download - page 51

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BRINKER INTERNATIONAL, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
2012 2011
ASSETS
Current Assets:
Cash and cash equivalents ............................................... $ 59,103 $ 81,988
Accounts receivable .................................................... 43,387 42,785
Inventories ........................................................... 25,360 25,365
Prepaid expenses and other .............................................. 63,023 59,698
Income taxes receivable ................................................. 1,055 0
Deferred income taxes .................................................. 2,918 11,524
Total current assets ................................................ 194,846 221,360
Property and Equipment:
Land ................................................................ 152,382 156,731
Buildings and leasehold improvements ..................................... 1,399,905 1,383,311
Furniture and equipment ................................................ 556,304 543,682
Construction-in-progress ................................................ 11,211 6,425
2,119,802 2,090,149
Less accumulated depreciation and amortization ............................. (1,076,238) (1,033,870)
Net property and equipment ......................................... 1,043,564 1,056,279
Other Assets:
Goodwill ............................................................ 125,604 124,089
Deferred income taxes .................................................. 20,231 30,365
Other ............................................................... 51,827 52,475
Total other assets .................................................. 197,662 206,929
Total assets ....................................................... $1,436,072 $ 1,484,568
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current installments of long-term debt ..................................... $ 27,334 $ 22,091
Accounts payable ...................................................... 100,531 87,549
Accrued liabilities ..................................................... 273,884 287,365
Income taxes payable ................................................... 0 8,596
Total current liabilities .............................................. 401,749 405,601
Long-term debt, less current installments ....................................... 587,890 502,572
Other liabilities ........................................................... 136,560 137,485
Commitments and Contingencies (Notes 9 and 14) ...............................
Shareholders’ Equity:
Common stock—250,000,000 authorized shares; $.10 par value; 176,246,649 shares
issued and 74,342,115 shares outstanding at June 27, 2012, and 176,246,649
shares issued and 82,938,493 shares outstanding at June 29, 2011 .............. 17,625 17,625
Additional paid-in capital ............................................... 466,781 463,688
Retained earnings ...................................................... 2,112,858 2,013,189
2,597,264 2,494,502
Less treasury stock, at cost (101,904,534 shares at June 27, 2012 and 93,308,156
shares at June 29, 2011) ............................................... (2,287,391) (2,055,592)
Total shareholders’ equity ........................................... 309,873 438,910
Total liabilities and shareholders’ equity ................................ $1,436,072 $ 1,484,568
See accompanying notes to consolidated financial statements.
F-15