Pep Boys 2008 Annual Report Download - page 101
Download and view the complete annual report
Please find page 101 of the 2008 Pep Boys annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108 -
109 -
110 -
111 -
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
 |
 |
CONSOLIDATED BALANCE SHEETS
The Pep Boys—Manny, Moe & Jack and Subsidiaries
(dollar amounts in thousands, except share data)
January 31, February 2,
2009 2008
ASSETS
Current Assets:
Cash and cash equivalents .................................... $ 21,332 $ 20,926
Accounts receivable, less allowance for uncollectible accounts of $1,912 and
$1,937 ................................................. 28,831 29,450
Merchandise inventories ..................................... 564,931 561,152
Prepaid expenses ........................................... 25,390 43,842
Other ................................................... 62,421 77,469
Assets held for disposal ...................................... 12,653 16,918
Total Current Assets ........................................ 715,558 749,757
Property and Equipment—Net ................................. 740,331 780,779
Deferred income taxes ........................................ 77,708 20,775
Other ..................................................... 18,792 32,609
Total Assets ................................................ $1,552,389 $1,583,920
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable .......................................... $ 212,340 $ 245,423
Trade payable program liability ................................ 31,930 14,254
Accrued expenses .......................................... 254,754 292,623
Deferred income taxes ....................................... 35,848 —
Current maturities of long-term debt and obligations under capital leases . . 1,453 2,114
Total Current Liabilities ...................................... 536,325 554,414
Long-term debt and obligations under capital leases, less current maturities . . 352,382 400,016
Other long-term liabilities ...................................... 70,322 72,183
Deferred gain from asset sales ................................... 170,204 86,595
Commitments and Contingencies
Stockholders’ Equity:
Common stock, par value $1 per share: Authorized 500,000,000 shares;
Issued 68,557,041 shares .................................... 68,557 68,557
Additional paid-in capital ..................................... 292,728 296,074
Retained earnings .......................................... 358,670 406,819
Accumulated other comprehensive loss ........................... (18,075) (14,183)
Less cost of shares in treasury—14,124,021 shares and 14,609,094 shares . . . 219,460 227,291
Less cost of shares in benefits trust—2,195,270 shares ................ 59,264 59,264
Total Stockholders’ Equity .................................... 423,156 470,712
Total Liabilities and Stockholders’ Equity ........................... $1,552,389 $1,583,920
See notes to the consolidated financial statements
37