TJ Maxx 2009 Annual Report Download - page 37

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ITEM 6. SELECTED FINANCIAL DATA
Amounts in thousands except per share amounts 2010 2009 2008 2007 2006
Fiscal Year Ended January
(1)
(53 Weeks)
Income statement and per share data:
Net sales $20,288,444 $18,999,505 $18,336,726 $17,104,013 $15,667,463
Income from continuing operations $ 1,213,572 $ 914,886 $ 782,432 $ 787,172 $ 706,653
Weighted average common shares for
diluted earnings per share calculation 427,619 442,255 468,046 480,045 491,500
Diluted earnings per share from
continuing operations $ 2.84 $ 2.08 $ 1.68 $ 1.65 $ 1.45
Cash dividends declared per share $ 0.48 $ 0.44 $ 0.36 $ 0.28 $ 0.24
Balance sheet data:
Cash and cash equivalents $ 1,614,607 $ 453,527 $ 732,612 $ 856,669 $ 465,649
Working capital $ 1,908,870 $ 858,238 $ 1,231,301 $ 1,365,833 $ 888,276
Total assets $ 7,463,977 $ 6,178,242 $ 6,599,934 $ 6,085,700 $ 5,496,305
Capital expenditures $ 429,282 $ 582,932 $ 526,987 $ 378,011 $ 495,948
Long-term obligations
(2)
$ 790,169 $ 383,782 $ 853,460 $ 808,027 $ 807,150
Shareholders’ equity $ 2,889,276 $ 2,134,557 $ 2,131,245 $ 2,290,121 $ 1,892,654
Other financial data:
After-tax return (continuing operations)
on average shareholders’ equity 48.3% 42.9% 35.4% 37.6% 38.8%
Total debt as a percentage of total
capitalization
(3)
21.5% 26.7% 28.6% 26.1% 29.9%
Stores in operation at fiscal year end:
In the United States:
T.J. Maxx 890 874 847 821 799
Marshalls 813 806 776 748 715
HomeGoods 323 318 289 270 251
A.J. Wright
(4)
150 135 129 129 152
In Canada:
Winners 211 202 191 184 174
HomeSense 79 75 71 68 58
In Europe:
T.K. Maxx 263 235 226 210 197
HomeSense 14 7———
Total 2,743 2,652 2,529 2,430 2,346
Selling Square Footage at year-end:
In the United States:
T.J. Maxx 20,890 20,543 20,025 19,390 18,781
Marshalls 20,513 20,388 19,759 19,078 18,206
HomeGoods 6,354 6,248 5,569 5,181 4,859
A.J. Wright
(4)
3,012 2,680 2,576 2,577 3,054
In Canada:
Winners 4,847 4,647 4,389 4,214 4,012
HomeSense 1,527 1,437 1,358 1,280 1,100
In Europe:
T.K. Maxx 6,106 5,404 5,096 4,636 4,216
HomeSense 222 107 — — —
Total 63,471 61,454 58,772 56,356 54,228
(1) Fiscal 2008 and prior fiscal years have been adjusted to reclassify the operating results of Bob’s Stores to discontinued operations. Fiscal 2006 has been adjusted to
reclassify the operating results of the A.J. Wright store closings to discontinued operations.
(2) Includes long-term debt, exclusive of current installments and capital lease obligation, less portion due within one year.
(3) Total capitalization includes shareholders’ equity, short-term debt, long-term debt and capital lease obligation, including current maturities.
(4) A.J. Wright stores in operation and selling square footage for fiscal 2006 include store counts and square footage for the stores that are part of discontinued operations.
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