Barnes and Noble 2013 Annual Report Download - page 43

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As of April 30, 2011
Balance Sheet Data:
(In thousands, except per share data)
As Previously
Reported Corrections Other Adjustments
Restated
ASSETS
Current assets:
Cash and cash equivalents $ 59,429 — — $ 59,429
Receivables, net 150,294 — — 150,294
Merchandise inventories, net 1,375,362 — — 1,375,362
Prepaid expenses and other current assets 161,936 — — 161,936
Total current assets $1,747,021 — — $1,747,021
Property and equipment:
Land and land improvements 8,617 — — 8,617
Buildings and leasehold improvements 1,204,108 — — 1,204,108
Fixtures and equipment 1,670,488 — — 1,670,488
2,883,213 — — 2,883,213
Less accumulated depreciation and
amortization 2,178,562 — — 2,178,562
Net property and equipment 704,651 — — 704,651
Goodwill 524,113 — — 524,113
Intangible assets, net 566,578 — — 566,578
Other noncurrent assets 54,103 — — 54,103
Total assets $3,596,466 — — $3,596,466
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 949,010 (89,500) — $ 859,510
Accrued liabilities 474,575 14,939 52,072 541,586
Gift card liabilities 311,092 — — 311,092
Total current liabilities 1,734,677 (74,561) 52,072 1,712,188
Long-term debt 313,100 — — 313,100
Deferred taxes 280,132 (26,026) — 254,106
Other long-term liabilities 448,647 — (52,072) 396,575
Shareholders’ equity:
Common stock; $.001 par value; 300,000 shares
authorized; 90,465 shares issued 90 — — 90
Additional paid-in capital 1,323,263 — — 1,323,263
Accumulated other comprehensive loss (11,630) — — (11,630)
Retained earnings 562,379 100,587 — 662,966
Treasury stock, at cost, 33,410 shares (1,054,192) — — (1,054,192)
Total shareholders’ equity 819,910 100,587 — 920,497
Commitments and contingencies — — — —
Total liabilities and shareholders’ equity $3,596,466 — — $3,596,466
2013 Annual Report 41