Cabela's 2012 Annual Report Download - page 85

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75
CABELA’S INCORPORATED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in Thousands Except Par Values)
December 29,
2012
December 31,
2011
ASSETS
CURRENT
Cash and cash equivalents $ 288,750 $ 304,679
Restricted cash of the Trust 17,292 18,296
Accounts receivable, net 46,081 47,127
Credit card loans (includes restricted credit card loans of the Trust of $3,523,133 and $3,142,151),
net of allowance for loan losses of $65,600 and $73,350 3,497,472 3,094,163
Inventories 552,575 494,828
Prepaid expenses and other current assets 132,694 146,479
Income taxes receivable and deferred income taxes 54,164 5,709
Total current assets 4,589,028 4,111,281
Property and equipment, net 1,021,656 866,899
Land held for sale 23,448 38,393
Economic development bonds 85,041 86,563
Other assets 28,990 30,635
Total assets $ 5,748,163 $ 5,133,771
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT
Accounts payable, including unpresented checks of $28,928 and $19,124 $ 285,039 $ 266,793
Gift instruments, credit card rewards and loyalty rewards programs 262,653 227,414
Accrued expenses 180,906 143,695
Time deposits 367,350 88,401
Current maturities of secured variable funding obligations of the Trust 325,000 460,000
Current maturities of secured long-term obligations of the Trust - 425,000
Current maturities of long-term debt 8,402 8,387
Total current liabilities 1,429,350 1,619,690
Long-term time deposits 680,668 893,912
Secured long-term obligations of the Trust, less current maturities 1,827,500 977,500
Long-term debt, less current maturities 328,133 336,535
Deferred income taxes 10,571 26,367
Other long-term liabilities 95,962 98,451
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; Authorized – 10,000,000 shares; Issued – none - -
Common stock, $0.01 par value:
Class A Voting, Authorized – 245,000,000 shares;
Issued - 70,545,558 and 69,641,818 shares
Outstanding - 70,053,144 and 68,840,883 shares 705 696
Additional paid-in capital 351,161 334,925
Retained earnings 1,036,427 862,914
Accumulated other comprehensive income 5,542 2,731
Treasury stock, at cost - 492,414 and 800,935 shares (17,856) (19,950)
Total stockholders’ equity 1,375,979 1,181,316
Total liabilities and stockholders’ equity $ 5,748,163 $ 5,133,771
Refer to notes to consolidated financial statements.