Whole Foods 2009 Annual Report Download - page 47

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41
Whole Foods Market, Inc.
Consolidated Balance Sheets
(In thousands)
September 27, 2009 and September 28, 2008
Assets 2009 2008
Current assets:
Cash and cash equivalents $ 430,130 $ 30,534
Restricted cash 71,023 617
Accounts receivable 104,731 115,424
Merchandise inventories 310,602 327,452
Prepaid expenses and other current assets 51,137 68,150
Deferred income taxes 87,757 80,429
Total current assets 1,055,380 622,606
Property and equipment, net of accumulated depreciation and amortization 1,897,853 1,900,117
Goodwill 658,254 659,559
Intangible assets, net of accumulated amortization 73,035 78,499
Deferred income taxes 91,000 109,002
Other assets 7,866 10,953
Total assets $ 3,783,388 $ 3,380,736
Liabilities and Shareholders’ Equity
Current liabilities:
Current installments of long-term debt and capital lease obligations $ 389 $ 380
Accounts payable 189,597 183,134
Accrued payroll, bonus and other benefits due team members 207,983 196,233
Dividends payable 8,217 -
Other current liabilities 277,838 286,430
Total current liabilities 684,024 666,177
Long-term debt and capital lease obligations, less current installments 738,848 928,790
Deferred lease liabilities 250,326 199,635
Other long-term liabilities 69,262 80,110
Total liabilities 1,742,460 1,874,712
Series A redeemable preferred stock, $0.01 par value, 425 and no shares
authorized, issued and outstanding in 2009 and 2008, respectively 413,052 -
Shareholders’ equity:
Common stock, no par value, 300,000 shares authorized;
140,542 and 140,286 shares issued and outstanding
in 2009 and 2008, respectively 1,283,028 1,266,141
Accumulated other comprehensive income (loss) (13,367) 422
Retained earnings 358,215 239,461
Total shareholders’ equity 1,627,876 1,506,024
Commitments and contingencies
Total liabilities and shareholders’ equity $ 3,783,388 $ 3,380,736
The accompanying notes are an integral part of these consolidated financial statements.