North Face 2014 Annual Report Download - page 31

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29
CONSOLIDATED BALANCE SHEETS
YEAR ENDED DECEMBER
In thousands 2014 2013
Assets
Current Assets
Cash and equivalents $ 971,895 $ 776,403
Accounts receivable, net 1,276,224 1,360,443
Inventories 1,482,804 1,399,062
Other current assets 454,931 347,074
Total current assets 4,185,854 3,882,982
Property, Plant and Equipment 942,181 932,792
Intangible Assets 2,433,552 2,960,201
Goodwill 1,824,956 2,021,750
Other Assets 593,597 517,718
$ 9,980,140 $ 10,315,443
Liabilities and Stockholders’ Equity
Current Liabilities
Short-term borrowings $ 21,822 $ 18,810
Current portion of long-term debt 3,975 5,167
Accounts payable 690,842 638,732
Accrued liabilities 903,602 905,292
Total current liabilities 1,620,241 1,568,001
Long-term Debt 1,423,581 1,426,829
Other Liabilities 1,305,436 1,243,575
Commitments and Contingencies
Stockholders’ Equity
Common stock 108,215 110,078
Additional paid-in capital 2,993,186 2,746,590
Accumulated other comprehensive income (loss) (702,272) (211,720)
Retained earnings 3,231.753 3,432,090
Total stockholders’ equity 5,630,882 6,077,038
$ 9,980,140 $ 10,315,443