AutoZone 2009 Annual Report Download - page 104
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Consolidated Balance Sheets
(in thousands, except per share data)
August 29,
2009
August 30,
2008
Assets
Current assets:
Cash and cash equivalents ....................................................................................... $ 92,706 $ 242,461
Accounts receivable.................................................................................................. 126,514 71,241
Merchandise inventories........................................................................................... 2,207,497 2,150,109
Other current assets .................................................................................................. 135,013 122,490
Total current assets ........................................................................................... 2,561,730 2,586,301
Property and equipment:
Land .......................................................................................................................... 656,516 643,699
Buildings and improvements.................................................................................... 1,900,610 1,814,668
Equipment ................................................................................................................. 887,521 850,679
Leasehold improvements .......................................................................................... 219,606 202,098
Construction in progress .......................................................................................... 145,161 128,133
3,809,414 3,639,277
Less: Accumulated depreciation and amortization ................................................. 1,455,057 1,349,621
2,354,357 2,289,656
Goodwill, net of accumulated amortization ................................................................ 302,645 302,645
Deferred income taxes ................................................................................................. 59,067 38,283
Other long-term assets ................................................................................................. 40,606 40,227
402,318 381,155
$ 5,318,405 $5,257,112
Liabilities and Stockholders’ Equity (Deficit)
Current liabilities:
Accounts payable...................................................................................................... $ 2,118,746 $2,043,271
Accrued expenses and other .................................................................................... 381,271 327,664
Income taxes payable ............................................................................................... 35,145 11,582
Deferred income taxes ............................................................................................. 171,590 136,803
Total current liabilities ......................................................................................... 2,706,752 2,519,320
Long-term debt ............................................................................................................. 2,726,900 2,250,000
Other liabilities ............................................................................................................. 317,827 258,105
Commitments and Contingencies ................................................................................ — —
Stockholders’ equity (deficit):
Preferred stock, authorized 1,000 shares; no shares issued .................................... — —
Common stock, par value $.01 per share, authorized 200,000 shares;
57,881 shares issued and 50,801 shares outstanding in 2009 and
63,600 shares issued and 59,608 shares outstanding in 2008 ............................ 579 636
Additional paid-in capital......................................................................................... 549,326 537,005
Retained earnings ..................................................................................................... 136,935 206,099
Accumulated other comprehensive loss .................................................................. (92,035) (4,135)
Treasury stock, at cost.............................................................................................. (1,027,879) (509,918)
Total stockholders’ equity (deficit)...................................................................... (433,074) 229,687
$ 5,318,405 $5,257,112
See Notes to Consolidated Financial Statements.
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10-K