Ross 2009 Annual Report Download - page 37

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— 35 —
Consolidated Balance Sheets
($000, except share data) January 30, 2010 January 31, 2009
Assets
Current Assets
Cash and cash equivalents $ 768,343 $ 321,355
Short-term investments 1,754 798
Accounts receivable 44,234 41,170
Merchandise inventory 872,498 881,058
Prepaid expenses and other 58,618 55,241
Deferred income taxes — 14,093
Total current assets 1,745,447 1,313,715
Property and Equipment
Land and buildings 239,688 201,385
Fixtures and equipment 1,189,538 1,073,990
Leasehold improvements 536,979 509,971
Construction-in-progress 21,812 72,839
1,988,017 1,858,185
Less accumulated depreciation and amortization 1,045,018 906,529
Property and equipment, net 942,999 951,656
Long-term investments 16,848 38,014
Other long-term assets 63,339 52,126
Total assets $ 2,768,633 $ 2,355,511
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable $ 658,299 $ 536,745
Accrued expenses and other 259,582 238,516
Accrued payroll and benefits 218,234 170,878
Income taxes payable 51,505 9,120
Deferred income taxes 2,894 —
Total current liabilities 1,190,514 955,259
Long-term debt 150,000 150,000
Other long-term liabilities 174,543 156,726
Deferred income taxes 96,283 97,157
Commitments and contingencies
Stockholders’ Equity
Common stock, par value $.01 per share 1,229 1,273
Authorized 600,000,000 shares
Issued and outstanding 122,929,000 and
127,346,000 shares, respectively.
Additional paid-in capital 681,908 626,117
Treasury stock (36,864) (30,819)
Accumulated other comprehensive income (loss) 170 (1,174)
Retained earnings 510,850 400,972
Total stockholders’ equity 1,157,293 996,369
Total liabilities and stockholders’ equity $ 2,768,633 $ 2,355,511
The accompanying notes are an integral part of these consolidated financial statements.