Cracker Barrel 2015 Annual Report Download - page 28

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July 31, 2015 August 1, 2014
ASSETS
Current Assets:
Cash and cash equivalents $265,455 $119,361
Accounts receivable18,050 22,704
Income taxes receivable — 2,973
Inventories 153,058 165,426
Prepaid expenses and other current assets 14,167 11,997
Deferred income taxes 6,094 7,188
Total current assets 456,824 329,649
Property andEquipment:
Land 303,267 303,933
Buildings and improvements 788,641 767,149
Buildings under capital leases 3,289 3,289
Restaurant and other equipment 541,409 506,323
Leaseholdimprovements286,990 271,049
Construction in progress 7,464 15,378
Total 1,931,060 1,867,121
Less: Accumulated depreciation and amortization of capital leases 878,424 823,837
Property andequipment – net1,052,636 1,043,284
Other assets66,748 59,315
Total $1,576,208 $1,432,248
LIABILITIESAND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable $133,117 $98,477
Current maturities of long-termdebt —25,000
Ta xes withheld and accrued39,061 36,261
Accrued employee compensation 67,421 60,933
Accrued employee benets 27,717 26,050
Deferred revenues 58,980 49,825
Dividend payable 98,796 23,838
Current interest rate swap liability1,117 4,704
Other current liabilities19,402 19,350
Total current liabilities445,611 344,438
Long-termdebt 400,000 375,000
Long-terminterest rate swap liability8,704 3,239
Other long-termobligations133,594 123,221
Deferred income taxes 50,031 57,709
Commitments and Contingencies (Notes 9 and 15)
Shareholders’ Equity:
Preferredstock – 100,000,000 sharesof $.01 par value authorized; 300,000 shares
designatedas Series A Junior Participating PreferredStock; no shares issued — —
Common stock – 400,000,000 sharesof $.01 par value authorized; 2015 –
23,975,755 sharesissued and outstanding; 2014 – 23,821,227 sharesissued and outstanding 240 238
Additional paid-in capital 56,066 39,969
Accumulated other comprehensive loss(3,725) (4,733)
Retained earnings 485,687 493,167
Total shareholders’ equity538,268 528,641
Total $1,576,208 $1,432,248
SeeNotesto ConsolidatedFinancial Statements.
ConsolidatedBalance Sheets
(Inthousands except share data)
CRACKER BARRELOLD COUNTRY STORE, INC.
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