Ross 2007 Annual Report Download - page 31

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29
Selected Financial Data
($000, except per share data) 2007 20061 2005 2004 2003
Financial Position
Merchandise inventory $ 1,025,295 $ 1,051,729 $ 938,091 $ 853,112 $ 841,491
Property and equipment, net 868,315 748,233 639,852 556,178 516,618
Total assets 2,371,322 2,358,591 1,938,738 1,741,215 1,691,465
Return on average assets 11% 11% 11% 10% 15%
Working capital 387,396 431,699 349,864 416,376 409,507
Current ratio 1.4:1 1.4:1 1.4:1 1.6:1 1.6:1
Long-term debt 150,000 150,000 — 50,000 50,000
Long-term debt as a percent of
total capitalization 13% 14% — 6% 6%
Stockholders’ equity 970,649 909,830 836,172 765,569 752,560
Return on average
stockholders’ equity 28% 28% 25% 22% 33%
Book value per common share
outstanding at year-end $ 7.24 $ 6.53 $ 5.80 $ 5.22 $ 4.98
Operating Statistics
Number of stores opened 97 66 86 84 66
Number of stores closed 4 3 1 3 5
Number of stores at year-end 890 797 734 649 568
Comparable store sales increase
(decrease) (52-week basis) 1% 4% 6% (1%) 1%
Sales per square foot of selling
space2 (52-week basis) $ 301 $ 305 $ 304 $ 297 $ 312
Square feet of selling space
at year-end (000) 21,100 18,600 17,300 15,300 13,300
Number of employees at year-end 39,100 35,800 33,200 30,100 26,600
Number of common stockholders
of record at year-end 760 749 756 753 726
1 Fiscal 2006 was a 53-week year; all other fiscal years presented were 52 weeks.
2 Based on average annual selling square footage.