DSW 2012 Annual Report Download - page 44

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F- 4
DSW INC.
CONSOLIDATED BALANCE SHEETS
AS OF FEBRUARY 2, 2013 and JANUARY 28, 2012
(in thousands)
February 2, 2013 January 28, 2012
ASSETS
Cash and equivalents $ 81,097 $ 79,003
Short-term investments 232,081 296,697
Accounts receivable, net 26,756 16,900
Accounts receivable from related parties 28 96
Inventories 393,794 334,390
Prepaid expenses and other current assets 20,637 24,448
Deferred income taxes 67,397 116,473
Total current assets 821,790 868,007
Property and equipment, net 300,313 235,726
Long-term investments 96,712 53,858
Goodwill 25,899 25,899
Deferred income taxes 9,443 15,653
Other assets 7,946 8,757
Total assets $ 1,262,103 $ 1,207,900
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable $ 150,461 $ 148,944
Accounts payable to related parties 1,651 2,304
Accrued expenses 123,199 126,998
Warrant liability — 29,303
Total current liabilities 275,311 307,549
Other non-current liabilities 128,213 113,764
Commitments and contingencies — —
Shareholders’ equity:
Class A Common Shares, no par value; 170,000 authorized; 36,282 and 32,122 issued and
outstanding, respectively 706,087 624,948
Class B Common Shares, no par value; 100,000 authorized; 8,730 and 11,170 issued and
outstanding, respectively 165,939 171,864
Preferred Shares, no par value; 100,000 authorized; no shares issued or outstanding — —
Retained earnings (Accumulated deficit) 16,991 (1,739)
Basis difference related to acquisition of common control entity (21,680) —
Accumulated other comprehensive loss (8,758) (8,486)
Total shareholders’ equity 858,579 786,587
Total liabilities and shareholders’ equity $ 1,262,103 $ 1,207,900
The accompanying Notes are an integral part of the Consolidated Financial Statements.
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