Barnes and Noble 2013 Annual Report Download - page 32

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CONSOLIDATED BALANCE SHEETS
(In thousands, except per share data)
April 27, 2013 April 28, 2012
Restated, Note 2
ASSETS
Current assets:
Cash and cash equivalents $ 160,470 54,131
Receivables, net 149,369 169,947
Merchandise inventories, net 1,410,769 1,561,841
Prepaid expenses and other current assets 326,527 221,324
Total current assets $ 2,047,135 2,007,243
Property and equipment:
Land and land improvements 2,541 2,541
Buildings and leasehold improvements 1,224,384 1,196,764
Fixtures and equipment 1,883,504 1,784,492
3,110,429 2,983,797
Less accumulated depreciation and amortization 2,525,520 2,361,142
Net property and equipment 584,909 622,655
Goodwill 495,496 519,685
Intangible assets, net 547,931 564,054
Other noncurrent assets 57,065 61,062
Total assets $ 3,732,536 3,774,699
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 805,194 863,223
Accrued liabilities 569,240 612,119
Gift card liabilities 341,036 321,362
Total current liabilities 1,715,470 1,796,704
Long-term debt 77,000 324,200
Deferred taxes 231,215 242,748
Other long-term liabilities 419,946 366,503
Redeemable Preferred Shares; $.001 par value; 5,000 shares authorized; 204 and 204 shares
issued, respectively 193,535 192,273
Preferred Membership Interests in NOOK Media, LLC 381,627 —
Shareholders’ equity:
Common stock; $.001 par value; 300,000 shares authorized; 92,784 and 91,376 shares
issued, respectively 93 91
Additional paid-in capital 1,383,848 1,340,909
Accumulated other comprehensive loss (16,692) (16,635)
Retained earnings 410,349 586,188
Treasury stock, at cost, 34,078 and 33,722 shares, respectively (1,063,855) (1,058,282)
Total shareholders’ equity 713,743 852,271
Commitments and contingencies — —
Total liabilities and shareholders’ equity $ 3,732,536 3,774,699
See accompanying notes to consolidated financial statements.
30 Barnes & Noble, Inc.