Pottery Barn 2013 Annual Report Download - page 52

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Williams-Sonoma, Inc.
Consolidated Balance Sheets
Dollars and shares in thousands, except per share amounts Feb. 2, 2014 Feb. 3, 2013
ASSETS
Current assets
Cash and cash equivalents $ 330,121 $ 424,555
Restricted cash 14,289 16,055
Accounts receivable, net 60,330 62,985
Merchandise inventories, net 813,160 640,024
Prepaid catalog expenses 33,556 37,231
Prepaid expenses 35,309 26,339
Deferred income taxes, net 121,486 99,764
Other assets 10,852 9,819
Total current assets 1,419,103 1,316,772
Property and equipment, net 849,293 812,037
Non-current deferred income taxes, net 13,824 12,398
Other assets, net 54,514 46,472
Total assets $2,336,734 $2,187,679
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities
Accounts payable $ 404,791 $ 259,162
Accrued salaries, benefits and other 138,181 120,632
Customer deposits 228,193 207,415
Income taxes payable 49,365 41,849
Current portion of long-term debt 1,785 1,724
Other liabilities 38,781 26,345
Total current liabilities 861,096 657,127
Deferred rent and lease incentives 157,856 171,198
Long-term debt 1,968 3,753
Other long-term obligations 59,812 46,463
Total liabilities 1,080,732 878,541
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;
94,049 and 97,734 shares issued and outstanding at
February 2, 2014 and February 3, 2013, respectively 941 977
Additional paid-in capital 522,595 503,616
Retained earnings 729,043 790,912
Accumulated other comprehensive income 6,524 13,633
Treasury stock, at cost (3,101) 0
Total stockholders’ equity 1,256,002 1,309,138
Total liabilities and stockholders’ equity $2,336,734 $2,187,679
See Notes to Consolidated Financial Statements.
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