Pottery Barn 2012 Annual Report Download - page 53

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Williams-Sonoma, Inc.
Consolidated Balance Sheets
Dollars and shares in thousands, except per share amounts Feb. 3, 2013 Jan. 29, 2012
ASSETS
Current assets
Cash and cash equivalents $ 424,555 $ 502,757
Restricted cash 16,055 14,732
Accounts receivable, net 62,985 45,961
Merchandise inventories, net 640,024 553,461
Prepaid catalog expenses 37,231 34,294
Prepaid expenses 26,339 24,188
Deferred income taxes, net 99,764 91,744
Other assets 9,819 9,229
Total current assets 1,316,772 1,276,366
Property and equipment, net 812,037 734,672
Non-current deferred income taxes, net 12,398 12,382
Other assets, net 46,472 37,418
Total assets $2,187,679 $2,060,838
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 259,162 $ 218,329
Accrued salaries, benefits and other 120,632 111,774
Customer deposits 207,415 190,417
Income taxes payable 41,849 22,435
Current portion of long-term debt 1,724 1,795
Other liabilities 26,345 27,049
Total current liabilities 657,127 571,799
Deferred rent and lease incentives 171,198 181,762
Long-term debt 3,753 5,478
Other long-term obligations 46,463 46,537
Total liabilities 878,541 805,576
Commitments and contingencies – See Note J
Stockholders’ equity
Preferred stock: $.01 par value; 7,500 shares authorized; none issued 0 0
Common stock: $.01 par value; 253,125 shares authorized;
97,734 and 100,451 shares issued and outstanding at
February 3, 2013 and January 29, 2012, respectively 977 1,005
Additional paid-in capital 503,616 478,720
Retained earnings 790,912 762,947
Accumulated other comprehensive income 13,633 12,590
Total stockholders’ equity 1,309,138 1,255,262
Total liabilities and stockholders’ equity $2,187,679 $2,060,838
See Notes to Consolidated Financial Statements.
39
Form 10-K