AutoZone 2000 Annual Report Download - page 23

August 26, August 28,
2000 1999
(in thousands, except per share data)
Current assets:
Cash and cash equivalents $ 6,969 $ 5,918
Accounts receivable 21,407 25,917
Merchandise inventories 1,108,978 1,129,693
Prepaid expenses 30,214 33,468
Deferred income taxes 19,212 30,088
Total current assets 1,186,780 1,225,084
Property and equipment:
Land 458,217 390,920
Buildings and improvements 1,149,900 1,003,308
Equipment 484,967 438,855
Leasehold improvements and interests 117,452 102,646
Construction in progress 109,840 153,323
2,320,376 2,089,052
Less accumulated depreciation and amortization 561,936 450,566
1,758,440 1,638,486
Other assets:
Cost in excess of net assets acquired, net of accumulated amortization
of $24,192 in 2000, and $15,375 in 1999 324,494 337,261
Deferred income taxes 52,182 76,412
Other assets 11,322 7,524
387,998 421,197
$3,333,218 $ 3,284,767
Current liabilities:
Accounts payable $ 788,825 $ 757,447
Accrued expenses 227,682 230,036
Income taxes payable 18,037 13,071
Total current liabilities 1,034,544 1,000,554
Long-term debt 1,249,937 888,340
Other liabilities 56,558 72,072
Commitments and contingencies (See notes H and I)
Stockholders’ equity:
Preferred stock, authorized 1,000 shares; no shares issued
Common stock, par value $.01 per share, authorized 200,000 shares;
154,328 shares issued and 121,510 shares outstanding in 2000 and
153,963 shares issued and 144,353 shares outstanding in 1999 1,543 1,540
Additional paid-in-capital 301,901 289,084
Notes receivable from officers (4,463)
Retained earnings 1,564,118 1,296,528
Accumulated other comprehensive loss (5) (3)
Treasury stock, at cost (870,915) (263,348)
Total stockholders’ equity 992,179 1,323,801
$3,333,218 $ 3,284,767
Assets
Liabilities and
Stockholders’ Equity
See Notes to Consolidated Financial Statements.
Consolidated Balance Sheets
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