Dillard's 2003 Annual Report Download - page 35

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Consolidated Balance Sheets
Dollars in Thousands
Assets January 31, 2004 February 1, 2003
Current Assets:
Cash and cash equivalents $160,873 $142,356
Accounts receivable (net of allowance for
doubtful accounts of $40,967 and $49,755) 1,191,489 1,338,080
Merchandise inventories 1,632,377 1,594,308
Other current assets 38,952 55,507
Total current assets 3,023,691 3,130,251
Property and Equipment:
Land and land improvements 100,726 104,848
Buildings and leasehold improvements 2,685,628 2,748,225
Furniture, fixtures and equipment 2,192,029 2,202,811
Buildings under construction 40,636 28,602
Buildings under capital leases 51,493 50,123
Less accumulated depreciation and amortization (1,873,043) (1,764,107)
3,197,469 3,370,502
Goodwill 36,731 39,214
Other Assets 153,206 135,965
Total Assets $6,411,097 $6,675,932
Liabilities and Stockholders’ Equity
Current Liabilities:
Trade accounts payable and accrued expenses $679,854 $675,962
Other short-term borrowings 50,000 -
Current portion of long-term debt 166,041 138,814
Current portion of Guaranteed Beneficial Interest
In the Company’s Subordinated Debentures 331,579 -
Current portion of capital lease obligations 2,126 1,856
Federal and state income taxes 106,487 69,829
Total current liabilities 1,336,087 886,461
Long-term Debt 1,855,065 2,193,006
Capital Lease Obligations 17,711 18,600
Other Liabilities 147,901 137,070
Deferred Income Taxes 617,236 645,020
Operating Leases and Commitments
Guaranteed Preferred Beneficial Interests in the
Company’s Subordinated Debentures 200,000 531,579
Stockholders’ Equity:
Common stock, Class A – 112,866,918 and 112,677,505 shares issued;
79,480,069 and 80,746,732 shares outstanding 1,129 1,127
Common stock, Class B (convertible) — 4,010,929 shares issued
and outstanding 40 40
Additional paid-in capital 713,974 711,324
Accumulated other comprehensive loss (11,281) (4,496)
Retained earnings 2,201,623 2,205,674
Less treasury stock, at cost, Class A —33,386,849 and 31,930,773 shares (668,388) (649,473)
Total stockholders’ equity 2,237,097 2,264,196
Total Liabilities and Stockholders’ Equity $6,411,097 $6,675,932
See notes to consolidated financial statements.
F-3