Barnes and Noble 2000 Annual Report Download - page 45

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41
(Thousands of dollars, except per share data) February 3, 2001 January 29, 2000
Assets
Current assets:
Cash and cash equivalents $ 26,003 24,247
Receivables, net 84,505 58,240
Merchandise inventories 1,238,618 1,102,453
Prepaid expenses and other current assets 106,127 56,579
Total current assets 1,455,253 1,241,519
Property and equipment:
Land and land improvements 3,247 3,247
Buildings and leasehold improvements 436,289 417,535
Fixtures and equipment 682,444 565,345
1,121,980 986,127
Less accumulated depreciation and amortization 555,760 418,078
Net property and equipment 566,220 568,049
Intangible assets, net 359,192 298,011
Investment in Barnes & Noble.com 136,595 240,531
Other noncurrent assets 40,216 65,681
Total assets $ 2,557,476 2,413,791
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $ 582,075 599,376
Accrued liabilities 353,000 323,475
Total current liabilities 935,075 922,851
Long-term debt 666,900 431,600
Deferred income taxes 74,289 125,006
Other long-term liabilities 103,535 87,974
Shareholders’ equity:
Common stock; $.001 par value; 300,000,000 shares authorized; 70,549,176 and
69,553,839 shares issued, respectively 71 70
Additional paid-in capital 673,122 654,584
Accumulated other comprehensive loss ( 5,874 ) ( 1,198 )
Retained earnings 227,735 279,701
Treasury stock, at cost, 5,504,700 and 4,025,900 shares, respectively ( 117,377 ) ( 86,797 )
Total shareholders’ equity 777,677 846,360
Commitments and contingencies -- --
Total liabilities and shareholders’ equity $ 2,557,476 2,413,791
CONSOLIDATED BALANCE SHEETS
2000 Annual Report ■Barnes & Noble, Inc.
See accompanying notes to consolidated financial statements.