Family Dollar 2013 Annual Report Download - page 46

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FAMILY DOLLAR STORES, INC., AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share and share amounts) August 31, 2013 August 25,2012
Assets
Current assets:
Cash and cash equivalents ........................................ $ 140,999 $ 92,333
Short-term investment securities ................................... 4,000 6,271
Restricted cash and investments .................................... 35,443 126,281
Merchandise inventories .......................................... 1,467,016 1,426,163
Deferred income taxes ........................................... 34,510 69,518
Income tax refund receivable ...................................... 13,485 —
Prepayments and other current assets ................................ 161,552 47,604
Total current assets .......................................... 1,857,005 1,768,170
Property and equipment, net ........................................... 1,732,544 1,496,360
Investment securities ................................................ 22,977 23,720
Other assets ........................................................ 97,335 84,815
Total assets ........................................................ $3,709,861 $3,373,065
Liabilities and Shareholders’ Equity
Current liabilities:
Short-term borrowings ........................................... $ — $ 15,000
Current portion of long-term debt .................................. 16,200 16,200
Accounts payable ............................................... 723,200 674,202
Accrued liabilities ............................................... 335,854 328,398
Income taxes ................................................... 4,968 31,857
Total current liabilities ....................................... 1,080,222 1,065,657
Long-term debt ..................................................... 500,275 516,320
Other liabilities ..................................................... 289,194 268,341
Deferred gain (Note 7) ............................................... 218,088 156,866
Deferred income taxes ............................................... 23,027 68,254
Commitments and contingencies (Note 12)
Shareholders’ equity (Note 14):
Preferred stock, $1 par; authorized 500,000 shares; no shares issued and
outstanding .................................................. — —
Common stock, $.10 par; authorized 600,000,000 shares; issued
120,091,158 shares at August 31, 2013, and 119,125,739 shares at
August 25, 2012, and outstanding 115,092,113 shares at August 31, 2013,
and 115,362,048 shares at August 25, 2012 ......................... 12,009 11,913
Capital in excess of par ........................................... 299,865 259,189
Retained earnings ............................................... 1,569,625 1,234,384
Accumulated other comprehensive loss .............................. (2,195) (1,841)
Common stock held in treasury, at cost (4,999,045 shares at August 31,
2013, and 3,763,691 shares at August 25, 2012) ..................... (280,249) (206,018)
Total shareholders’ equity .................................... 1,599,055 1,297,627
Total liabilities and shareholders’ equity ................................. $3,709,861 $3,373,065
The accompanying notes are an integral part of the consolidated financial statements.
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