Ross 2011 Annual Report Download - page 36

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34
Consolidated Balance Sheets
($000, except share data) January 28, 2012 January 29, 2011
Assets
Current Assets
Cash and cash equivalents $ 649,835 $ 833,924
Short-term investments 658 3,204
Accounts receivable 50,848 45,384
Merchandise inventory 1,130,070 1,086,917
Prepaid expenses and other 87,362 63,807
Deferred income taxes 5,598 10,003
Total current assets 1,924,371 2,043,239
Property and Equipment
Land and buildings 338,027 241,138
Fixtures and equipment 1,408,647 1,258,707
Leasehold improvements 657,312 584,306
Construction-in-progress 131,881 69,237
2,535,867 2,153,388
Less accumulated depreciation and amortization 1,294,145 1,169,612
Property and equipment, net 1,241,722 983,776
Long-term investments 5,602 14,082
Other long-term assets 129,514 75,107
Total assets $ 3,301,209 $ 3,116,204
Liabilities and Stockholders’ Equity
Current Liabilities
Accounts payable $ 761,717 $ 767,455
Accrued expenses and other 304,654 292,174
Accrued payroll and benefits 248,552 235,030
Income taxes payable 31,129 57,661
Total current liabilities 1,346,052 1,352,320
Long-term debt 150,000 150,000
Other long-term liabilities 203,625 189,989
Deferred income taxes 108,520 91,203
Commitments and contingencies
Stockholders’ Equity
Common stock, par value $.01 per share 2,269 2,362
Authorized 600,000,000 shares
Issued and outstanding 226,864,000 and
236,126,000 shares, respectively.
Additional paid-in capital 788,895 739,545
Treasury stock (62,262) (46,408)
Accumulated other comprehensive income 635 488
Retained earnings 763,475 636,705
Total stockholders’ equity 1,493,012 1,332,692
Total liabilities and stockholders’ equity $ 3,301,209 $ 3,116,204
The accompanying notes are an integral part of these consolidated financial statements.