Barnes and Noble 1999 Annual Report Download - page 39

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(Thousands of dollars, except per share data) January 29, 2000 January 30, 1999
Assets
Current assets:
Cash and cash equivalents $ 24,247 31,081
Receivables, net 58,240 57,523
Merchandise inventories 1,102,453 945,073
Prepaid expenses and other current assets 56,579 54,634
Total current assets 1,241,519 1,088,311
Property and equipment:
Land and land improvements 3,247 3,197
Buildings and leasehold improvements 417,535 383,292
Fixtures and equipment 565,345 440,488
986,127 826,977
Less accumulated depreciation and amortization 418,078 316,631
Net property and equipment 568,049 510,346
Intangible assets, net 298,011 86,980
Investment in Barnes & Noble.com 240,531 82,307
Other noncurrent assets 65,681 39,653
Total assets $ 2,413,791 1,807,597
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $ 599,376 498,237
Accrued liabilities 323,475 274,085
Total current liabilities 922,851 772,322
Long-term debt 431,600 249,100
Deferred income taxes 125,006 32,449
Other long-term liabilities 87,974 74,937
Shareholders’ equity:
Common stock; $.001 par value; 300,000,000 shares
authorized; 69,553,839 and 68,759,111 shares
issued, respectively 70 69
Additional paid-in capital 654,584 523,517
Accumulated other comprehensive loss ( 1,198) --
Retained earnings 279,701 155,203
Treasury stock, at cost, 4,025,900 shares at January 29, 2000 ( 86,797) --
Total shareholders’ equity 846,360 678,789
Commitments and contingencies -- --
Total liabilities and shareholders’ equity $ 2,413,791 1,807,597
CONSOLIDATED BALANCE SHEETS
1999 ANNUAL REPORT
38
See accompanying notes to consolidated financial statements.