Dollar General 2007 Annual Report Download - page 56

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54
CONSOLIDATED BALANCE SHEETS
(In thousands except per share amounts)
Successor Predecessor
February 1,
2008
February 2,
2007
ASSETS
Current assets:
Cash and cash equivalents $ 100,209 $ 189,288
Short-term investments 19,611 29,950
Merchandise inventories 1,288,661 1,432,336
Income taxes receivable 32,501 9,833
Deferred income taxes 17,297 24,321
Prepaid expenses and other current assets 59,465 57,020
Total current assets 1,517,744 1,742,748
Net property and equipment 1,274,245 1,236,874
Goodwill 4,344,930 2,337
Intangible assets, net 1,370,557 86
Other assets, net 148,955 58,469
Total assets $ 8,656,431 $ 3,040,514
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term obligations $ 3,246 $ 8,080
Accounts payable 551,040 555,274
Accrued expenses and other 300,956 253,558
Income taxes payable 2,999 15,959
Total current liabilities 858,241 832,871
Long-term obligations 4,278,756 261,958
Deferred income taxes 486,725 41,597
Other liabilities 319,714 158,341
Commitments and contingencies
Redeemable common stock 9,122 -
Shareholders’ equity:
Preferred stock, Shares authorized: 1,000,000 -
Series B junior participating preferred stock, stated
value $0.50 per share; Shares authorized:
10,000; Issued: None -
Common stock; $0.50 par value, 1,000,000 shares authorized,
555,482 shares issued and outstanding at February 1, 2008 and
500,000 shares authorized, 312,436 shares issued and
outstanding at February 2, 2007, respectively. 277,741 156,218
Additional paid-in capital 2,480,062 486,145
Retained earnings (accumulated deficit) (4,818) 1,103,951
Accumulated other comprehensive loss (49,112) (987)
Other shareholders’ equity - 420
Total shareholders’ equity 2,703,873 1,745,747
Total liabilities and shareholders’ equity $ 8,656,431 $ 3,040,514
The accompanying notes are an integral part of the consolidated financial statements.