Radio Shack 2013 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2013 Radio Shack 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.

Page out of 80

  • 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

39
RADIOSHACK CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets
December 31,
(In millions, except share amounts) 2013 2012
Assets
Current assets:
Cash and cash equivalents $ 179.8 $
535.7
Accounts and notes receivable, net 211.9 452.5
Inventories 802.3 908.3
Other current assets 139.0 85.4
Total current assets 1,333.0 1,981.9
Property, plant and equipment, net 187.2 239.0
Goodwill, net 12.7 36.6
Other assets, net 58.3 41.6
Total assets $ 1,591.2 $
2,299.1
Liabilities and Stockholders’ Equity
Current liabilities:
Current maturities of long-term debt $ 1.1 $
278.7
Accounts payable 376.4 435.6
Accrued expenses and other current liabilities 207.1 263.9
Total current liabilities 584.6 978.2
Long-term debt, excluding current maturities 613.0 499.0
Other non-current liabilities 187.2 223.2
Total liabilities 1,384.8 1,700.4
Commitments and contingencies (See Note 13)
Stockholders’ equity:
Preferred stock, no par value, 1,000,000 shares authorized:
Series A junior participating, 300,000 shares designated and none issued -- --
Common stock, $1 par value, 650,000,000 shares authorized;
146,033,000 shares issued 146.0 146.0
Additional paid-in capital 123.6 133.3
Retained earnings 960.6 1,360.8
Treasury stock, at cost; 45,735,000 and 46,425,000 shares, respectively (1,017.7) (1,033.9)
Accumulated other comprehensive loss (6.1) (7.5)
Total stockholders’ equity 206.4 598.7
Total liabilities and stockholders’ equity $ 1,591.2 $
2,299.1
The accompanying notes are an integral part of these consolidated financial statements.