Dillard's 2004 Annual Report Download - page 38

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Consolidated Balance Sheets
Dollars in Thousands
Assets January 29, 2005 January 31, 2004
Current Assets:
Cash and cash equivalents $ 498,248 $ 160,873
Accounts receivable (net of allowance for
doubtful accounts of $0 and $40,967) 9,651 1,191,489
Merchandise inventories 1,733,033 1,632,377
Other current assets 52,559 38,952
Total current assets 2,293,491 3,023,691
Property and Equipment:
Land and land improvements 102,098 100,726
Buildings and leasehold improvements 2,755,565 2,685,628
Furniture, fixtures and equipment 2,143,464 2,192,029
Buildings under construction 96,767 40,636
Buildings and equipment under capital leases 60,724 51,493
Less accumulated depreciation and amortization (1,977,862) (1,873,043)
3,180,756 3,197,469
Goodwill 35,495 36,731
Other Assets 181,839 153,206
Total Assets $ 5,691,581 $ 6,411,097
Liabilities and Stockholders’ Equity
Current Liabilities:
Trade accounts payable and accrued expenses $ 820,242 $ 679,854
Current portion of long-term debt 91,629 166,041
Current portion of capital lease obligations 4,926 2,126
Federal and state income taxes including current deferred taxes 128,436 106,487
Current portion of Guaranteed Beneficial Interest
in the Company’s Subordinated Debentures - 331,579
Other short-term borrowings - 50,000
Total current liabilities 1,045,233 1,336,087
Long-term Debt 1,322,824 1,855,065
Capital Lease Obligations 20,182 17,711
Other Liabilities 269,056 147,901
Deferred Income Taxes 509,589 617,236
Operating Leases and Commitments
Guaranteed Preferred Beneficial Interests in the
Company’s Subordinated Debentures 200,000 200,000
Stockholders’ Equity:
Common stock, Class A – 114,581,524 and 112,866,918 shares
issued; 79,194,675 and 79,480,069 shares outstanding
1,146
1,129
Common stock, Class B (convertible) — 4,010,929 shares
issued and outstanding
40
40
Additional paid-in capital 739,620 713,974
Accumulated other comprehensive loss (13,333) (11,281)
Retained earnings 2,305,993 2,201,623
Less treasury stock, at cost, Class A —35,386,849 and
33,386,849 shares
(708,769)
(668,388)
Total stockholders’ equity 2,324,697 2,237,097
Total Liabilities and Stockholders’ Equity $ 5,691,581 $ 6,411,097
See notes to consolidated financial statements.
F-6