Urban Outfitters 2012 Annual Report Download - page 54

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Table of Contents
URBAN OUTFITTERS, INC.
Consolidated Balance Sheets
(in thousands, except share and per share data)
January 31,
2012 2011
ASSETS
Current assets:
Cash and cash equivalents $ 145,273 $ 340,257
Marketable securities 89,854 116,420
Accounts receivable, net of allowance for doubtful accounts of $1,614 and $1,015, respectively 36,673 36,502
Inventories 250,073 229,561
Prepaid expenses and other current assets 69,876 66,886
Deferred taxes 5,243 14,351
Total current assets 596,992 803,977
Property and equipment, net 684,979 586,346
Marketable securities 126,913 351,988
Deferred income taxes and other assets 74,824 52,010
Total Assets $1,483,708 $1,794,321
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 95,754 $ 82,904
Accrued compensation 15,630 20,212
Accrued expenses and other current liabilities 122,082 107,908
Total current liabilities 233,466 211,024
Deferred rent and other liabilities 183,974 171,749
Total Liabilities 417,440 382,773
Commitments and contingencies (see Note 12)
Shareholders' equity:
Preferred shares; $.0001 par value, 10,000,000 shares authorized, none issued — —
Common shares; $.0001 par value, 200,000,000 shares authorized, 144,633,007 and 164,413,427 issued and outstanding,
respectively 15 17
Additional paid-in capital — 27,603
Retained earnings 1,077,765 1,394,190
Accumulated other comprehensive loss (11,512) (10,262)
Total Shareholders' Equity 1,066,268 1,411,548
Total Liabilities and Shareholders' Equity $1,483,708 $1,794,321
The accompanying notes are an integral part of these consolidated financial statements.
F-3