Barnes and Noble 2013 Annual Report Download - page 76

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As of January 28, 2012
Balance Sheet Data:
(In thousands, except per share data)
As Previously
Reported Corrections
Other
Adjustments Restated
ASSETS
Current assets:
Cash and cash equivalents $ 27,397 — — $ 27,397
Receivables, net 396,854 —— 396,854
Merchandise inventories, net 1,814,898 —— 1,814,898
Prepaid expenses and other current assets 169,535 —— 169,535
Total current assets 2,408,684 — — 2,408,684
Property and equipment:
Land and land improvements 2,541 —— 2,541
Buildings and leasehold improvements 1,191,224 —— 1,191,224
Fixtures and equipment 1,752,333 —— 1,752,333
2,946,098 —— 2,946,098
Less accumulated depreciation and amortization 2,309,607 —— 2,309,607
Net property and equipment 636,491 — — 636,491
Goodwill 520,792 —— 520,792
Intangible assets, net 569,488 —— 569,488
Other noncurrent assets 54,418 —— 54,418
Total assets $4,189,873 — — $4,189,873
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable $1,488,552 (94,351) — $1,394,201
Accrued liabilities 542,503 16,874 48,826 608,203
Gift card liabilities 367,555 — — 367,555
Total current liabilities 2,398,610 (77,477) 48,826 2,369,959
Long-term debt 101,600 — — 101,600
Deferred taxes 275,436 (26,026) — 249,410
Other long-term liabilities 408,291 — (48,826) 359,465
Redeemable Preferred Shares; $.001 par value; 5,000 shares
authorized; 204 shares issued 191,958 — — 191,958
Preferred Membership Interests in NOOK Media, LLC — — — —
Shareholders’ equity:
Common stock; $.001 par value; 300,000 shares authorized;
90,928 shares issued 91 — — 91
Additional paid-in capital 1,337,777 — — 1,337,777
Accumulated other comprehensive loss (11,630) — — (11,630)
Retained earnings 543,582 103,503 — 647,085
Treasury stock, at cost, 33,537 shares (1,055,842) — — (1,055,842)
Total shareholders’ equity 813,978 103,503 — 917,481
Commitments and contingencies —— — —
Total liabilities and shareholders’ equity $4,189,873 — — $4,189,873
74 Barnes & Noble, Inc. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued