Ross 2010 Annual Report Download - page 35

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33
Consolidated Balance Sheets
($000, except share data) January 29, 2011 January 30, 2010
Assets
Current Assets
Cash and cash equivalents $ 833,924 $ 768,343
Short-term investments 3,204 1,754
Accounts receivable 45,384 44,234
Merchandise inventory 1,086,917 872,498
Prepaid expenses and other 63,807 58,618
Deferred income taxes 10,003 —
Total current assets 2,043,239 1,745,447
Property and Equipment
Land and buildings 241,138 239,688
Fixtures and equipment 1,258,707 1,189,538
Leasehold improvements 584,306 536,979
Construction-in-progress 69,237 21,812
2,153,388 1,988,017
Less accumulated depreciation and amortization 1,169,612 1,045,018
Property and equipment, net 983,776 942,999
Long-term investments 14,082 16,848
Other long-term assets 75,107 63,339
Total assets $ 3,116,204 $ 2,768,633
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable $ 767,455 $ 658,299
Accrued expenses and other 292,174 259,582
Accrued payroll and benefi ts 235,030 218,234
Income taxes payable 57,661 51,505
Deferred income taxes — 2,894
Total current liabilities 1,352,320 1,190,514
Long-term debt 150,000 150,000
Other long-term liabilities 189,989 174,543
Deferred income taxes 91,203 96,283
Commitments and contingencies
Stockholders’ Equity
Common stock, par value $.01 per share 1,181 1,229
Authorized 600,000,000 shares
Issued and outstanding 118,063,000 and
122,929,000 shares, respectively.
Additional paid-in capital 740,726 681,908
Treasury stock (46,408) (36,864)
Accumulated other comprehensive income 488 170
Retained earnings 636,705 510,850
Total stockholders’ equity 1,332,692 1,157,293
Total liabilities and stockholders’ equity $ 3,116,204 $ 2,768,633
The accompanying notes are an integral part of these consolidated fi nancial statements.