Neiman Marcus 2009 Annual Report Download - page 98

Table of Contents
NEIMAN MARCUS, INC.
CONSOLIDATED BALANCE SHEETS
(in thousands, except shares)
July 31,
2010
August 1,
2009
ASSETS
Current assets:
Cash and cash equivalents $ 421,007 $ 323,425
Merchandise inventories 790,516 766,832
Deferred income taxes 30,755 19,136
Other current assets 117,844 125,060
Total current assets 1,360,122 1,234,453
Property and equipment, net 905,826 992,715
Customer lists, net 314,389 368,660
Favorable lease commitments, net 393,686 411,564
Tradenames 1,234,180 1,235,290
Goodwill 1,263,433 1,263,433
Other assets 60,646 87,837
Total assets $ 5,532,282 $ 5,593,952
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 270,778 $ 233,990
Accrued liabilities 361,456 315,812
Other current liabilities 30,309 26,617
Total current liabilities 662,543 576,419
Long-term liabilities:
Long-term debt 2,879,672 2,954,221
Deferred real estate credits 96,093 96,420
Deferred income taxes 668,647 697,810
Other long-term liabilities 299,954 350,247
Total long-term liabilities 3,944,366 4,098,698
Common stock (par value $0.01 per share, 5,000,000 shares authorized and 1,013,082 shares
issued and outstanding at July 31, 2010 and August 1, 2009) 10 10
Additional paid-in capital 1,434,321 1,424,258
Accumulated other comprehensive loss (106,274) (104,587)
Accumulated deficit (402,684)(400,846)
Total shareholders' equity 925,373 918,835
Total liabilities and shareholders' equity $ 5,532,282 $ 5,593,952
See Notes to Consolidated Financial Statements.
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