Family Dollar 2010 Annual Report Download - page 41

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FAMILY DOLLAR STORES, INC., AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share and share amounts)
August 28,
2010
August 29,
2009
Assets
Current assets:
Cash and cash equivalents ........................................ $ 382,754 $ 438,890
Investment securities ............................................ 120,325 5,801
Merchandise inventories ......................................... 1,028,022 993,797
Deferred income taxes ........................................... 66,102 82,707
Income tax refund receivable ..................................... — 8,618
Prepayments and other current assets ............................... 63,005 63,205
Total current assets ......................................... 1,660,208 1,593,018
Property and equipment, net .......................................... 1,111,966 1,056,449
Investment securities ................................................ 147,108 163,545
Other assets ....................................................... 62,775 64,790
Total assets ....................................................... $ 2,982,057 $ 2,877,802
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable .............................................. $ 676,975 $ 528,104
Accrued liabilities .............................................. 359,065 376,515
Income taxes .................................................. 18,447 1,676
Total current liabilities ...................................... 1,054,487 906,295
Long-term debt .................................................... 250,000 250,000
Other liabilities .................................................... 203,857 236,643
Deferred income taxes ............................................... 52,159 44,804
Commitments and contingencies (Note 10)
Shareholders’ equity:
Preferred stock, $1 par; authorized and unissued 500,000 shares ..........
Common stock, $.10 par; authorized 600,000,000 shares; issued
146,496,237 shares at August 28, 2010, and 145,485,734 shares at
August 29, 2009, and outstanding 130,452,959 shares at August 28,
2010, and 138,795,832 shares at August 29, 2009 ................... 14,650 14,549
Capital in excess of par .......................................... 243,831 210,349
Retained earnings .............................................. 1,665,646 1,387,905
Accumulated other comprehensive loss ............................. (7,046) (8,960)
1,917,081 1,603,843
Less: common stock held in treasury, at cost (16,043,278 shares at August
28, 2010, and 6,689,902 shares at August 29, 2009) ................. 495,527 163,783
Total shareholders’ equity .................................... 1,421,554 1,440,060
Total liabilities and shareholders’ equity ................................ $ 2,982,057 $ 2,877,802
The accompanying notes are an integral part of the consolidated financial statements.
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