Chili's 2014 Annual Report Download - page 51

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BRINKER INTERNATIONAL, INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
2014 2013
ASSETS
Current Assets:
Cash and cash equivalents .................................................... $ 57,685 $ 59,367
Accounts receivable ......................................................... 47,850 44,082
Inventories ................................................................ 23,643 24,628
Prepaid expenses and other ................................................... 65,506 65,584
Income taxes receivable ...................................................... 0 4,930
Deferred income taxes ....................................................... 16,170 0
Total current assets ...................................................... 210,854 198,591
Property and Equipment:
Land ..................................................................... 149,184 147,581
Buildings and leasehold improvements .......................................... 1,483,894 1,435,426
Furniture and equipment ..................................................... 593,344 580,115
Construction-in-progress ..................................................... 32,844 20,588
2,259,266 2,183,710
Less accumulated depreciation and amortization .................................. (1,202,812) (1,147,895)
Net property and equipment ............................................... 1,056,454 1,035,815
Other Assets:
Goodwill .................................................................. 133,434 142,103
Deferred income taxes ....................................................... 30,090 24,064
Intangibles ................................................................ 18,841 10,696
Other ..................................................................... 40,931 41,334
Total other assets ....................................................... 223,296 218,197
Total assets ............................................................ $1,490,604 $ 1,452,603
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current installments of long-term debt .......................................... $ 27,884 $ 27,596
Accounts payable ........................................................... 102,931 93,326
Accrued liabilities .......................................................... 328,017 269,465
Income taxes payable ........................................................ 7,278 0
Deferred income taxes ....................................................... 0 845
Total current liabilities ................................................... 466,110 391,232
Long-term debt, less current installments ............................................ 832,302 780,121
Other liabilities ................................................................. 129,098 131,893
Commitments and Contingencies (Notes 9 and 14)
Shareholders’ Equity:
Common stock—250,000,000 authorized shares; $.10 par value; 176,246,649 shares issued
and 64,558,909 shares outstanding at June 25, 2014 and 176,246,649 shares issued and
67,444,099 shares outstanding at June 26, 2013 ................................. 17,625 17,625
Additional paid-in capital ..................................................... 484,320 477,420
Accumulated other comprehensive loss .......................................... (940) 0
Retained earnings ........................................................... 2,306,532 2,217,623
2,807,537 2,712,668
Less treasury stock, at cost (111,687,740 shares at June 25, 2014 and 108,802,550 shares at
June 26, 2013) ........................................................... (2,744,443) (2,563,311)
Total shareholders’ equity ................................................ 63,094 149,357
Total liabilities and shareholders’ equity ..................................... $1,490,604 $ 1,452,603
See accompanying notes to consolidated financial statements.
F-15