Ross 2010 Annual Report Download - page 23

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21
Selected Financial Data
($000, except per share data) 2010 2009 2008 2007 20061
Financial Position
Cash and cash equivalents $ 833,924 $ 768,343 $ 321,355 $ 257,580 $ 367,388
Merchandise inventory 1,086,917 872,498 881,058 1,025,295 1,051,729
Property and equipment, net 983,776 942,999 951,656 868,315 748,233
Total assets 3,116,204 2,768,633 2,355,511 2,371,322 2,358,591
Return on average assets 19% 17% 13% 11% 11%
Working capital 690,919 554,933 358,456 387,396 431,699
Current ratio 1.5:1 1.5:1 1.4:1 1.4:1 1.4:1
Long-term debt 150,000 150,000 150,000 150,000 150,000
Long-term debt as a percent
of total capitalization 10% 11% 13% 13% 14%
Stockholders’ equity 1,332,692 1,157,293 996,369 970,649 909,830
Return on average
stockholders’ equity 45% 41% 31% 28% 28%
Book value per common share
outstanding at year-end $ 11.29 $ 9.41 $ 7.82 $ 7.24 $ 6.53
Operating Statistics
Number of stores opened 56 56 77 98 66
Number of stores closed 6 7 11 5 3
Number of stores at year-end 1,055 1,005 956 890 797
Comparable store sales increase2
(52-week basis) 5% 6% 2% 1% 4%
Sales per average square foot of selling
space3 (52-week basis) $ 324 $ 311 $ 298 $ 301 $ 305
Square feet of selling space
at year-end (000) 24,800 23,700 22,500 21,100 18,600
Number of employees at year-end 49,500 45,600 40,000 39,100 35,800
Number of common stockholders
of record at year-end 804 767 754 760 749
1 Fiscal 2006 was a 53-week year; all other fi scal years presented were 52 weeks.
2 Comparable stores are stores open for more than 14 complete months.
3 Based on average annual selling square footage.