GameStop 2012 Annual Report Download - page 79

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GAMESTOP CORP.
CONSOLIDATED BALANCE SHEETS
February 2,
2013
January 28,
2012
(In millions)
ASSETS
Current assets:
Cash and cash equivalents ............................................... $ 635.8 $ 655.0
Receivables, net ....................................................... 73.6 64.4
Merchandise inventories, net ............................................. 1,171.3 1,137.5
Deferred income taxes — current .......................................... 61.7 44.7
Prepaid expenses ....................................................... 61.2 79.9
Other current assets ..................................................... 7.3 15.8
Total current assets ................................................... 2,010.9 1,997.3
Property and equipment:
Land ................................................................ 22.5 22.8
Buildings and leasehold improvements ..................................... 606.4 602.2
Fixtures and equipment .................................................. 926.0 876.3
Total property and equipment ........................................... 1,554.9 1,501.3
Less accumulated depreciation and amortization .............................. 1,030.1 928.0
Net property and equipment ............................................ 524.8 573.3
Goodwill ............................................................... 1,383.1 2,019.0
Other intangible assets, net ................................................. 153.4 209.1
Other noncurrent assets .................................................... 61.4 48.7
Total noncurrent assets ................................................ 2,122.7 2,850.1
Total assets ......................................................... $4,133.6 $4,847.4
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ...................................................... $ 870.9 $ 804.3
Accrued liabilities ...................................................... 741.0 749.8
Income taxes payable ................................................... 103.4 79.8
Total current liabilities ................................................ 1,715.3 1,633.9
Deferred income taxes .................................................... 31.5 67.1
Other long-term liabilities .................................................. 100.5 106.2
Total long-term liabilities .............................................. 132.0 173.3
Total liabilities ...................................................... 1,847.3 1,807.2
Commitments and contingencies (Notes 11 and 12)
Stockholders’ equity:
Preferred stock — authorized 5.0 shares; no shares issued or outstanding .......... — —
Class A common stock — $.001 par value; authorized 300.0 shares; 118.2 and
136.8 shares outstanding, respectively .................................... 0.1 0.1
Additional paid-in-capital ................................................ 348.3 726.6
Accumulated other comprehensive income .................................. 164.4 169.7
Retained earnings ...................................................... 1,773.5 2,145.7
Equity attributable to GameStop Corp. stockholders ......................... 2,286.3 3,042.1
Deficit attributable to noncontrolling interest ................................. — (1.9)
Total equity ......................................................... 2,286.3 3,040.2
Total liabilities and stockholders’ equity .................................. $4,133.6 $4,847.4
See accompanying notes to consolidated financial statements.
F-4