Family Dollar 2009 Annual Report Download - page 43

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FAMILY DOLLAR STORES, INC., AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share and share amounts)
August 29,
2009
August 30,
2008
Assets
Current assets:
Cash and cash equivalents ............................................ $ 438,890 $ 158,502
Investment securities ................................................ 5,801 —
Merchandise inventories ............................................. 993,797 1,032,685
Deferred income taxes ............................................... 93,164 87,715
Income tax refund receivable ......................................... 8,618 7,007
Prepayments and other current assets ................................... 59,168 58,182
Total current assets ............................................. 1,599,438 1,344,091
Property and equipment, net .............................................. 1,056,449 1,071,883
Investment securities .................................................... 163,545 222,104
Other assets ........................................................... 23,290 23,704
Total assets ........................................................... $2,842,722 $2,661,782
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable .................................................. $ 528,104 $ 570,699
Accrued liabilities .................................................. 529,927 496,820
Income taxes ...................................................... 1,676 1,466
Total current liabilities .......................................... 1,059,707 1,068,985
Long-term debt ........................................................ 250,000 250,000
Deferred income taxes ................................................... 55,261 50,998
Income taxes .......................................................... 37,694 37,716
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $1 par; authorized and unissued 500,000 shares ..............
Common stock, $.10 par; authorized 600,000,000 shares; issued 145,485,734
shares at August 29, 2009, and 144,132,321 shares at August 30, 2008, and
outstanding 138,795,832 shares at August 29, 2009, and 139,704,542 shares at
August 30, 2008 ................................................. 14,549 14,413
Capital in excess of par .............................................. 210,349 166,669
Retained earnings .................................................. 1,387,905 1,170,652
Accumulated other comprehensive loss ................................. (8,960) (4,862)
1,603,843 1,346,872
Less: common stock held in treasury, at cost (6,689,902 shares at August 29,
2009, and 4,427,779 shares at August 30, 2008) ........................ 163,783 92,789
Total shareholders’ equity ........................................ 1,440,060 1,254,083
Total liabilities and shareholders’ equity .................................... $2,842,722 $2,661,782
The accompanying notes are an integral part of the consolidated financial statements.
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