Dick's Sporting Goods 2004 Annual Report Download - page 40

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38
January 29, January 31,
2005 2004
(Dollars in thousands, except per share data)
Assets
Current assets:
Cash and cash equivalents $ 18,886 $ 93,674
Accounts receivable, net 30,611 10,185
Income tax receivable 7,202 232
Inventories, net 457,618 254,360
Prepaid expenses and other current assets 8,772 5,222
Deferred income taxes 7,966 1,021
Total current assets 531,055 364,694
Property and equipment, net 349,098 144,402
Construction in progress – leased facilities 15,233 10,927
Goodwill 157,245 –
Other assets:
Deferred income taxes 871 6,099
Investments 3,388 7,054
Other 28,158 10,184
Total other assets 32,417 23,337
Total assets $ 1,085,048 $ 543,360
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $ 211,685 $ 118,383
Accrued expenses 141,465 72,090
Deferred revenue and other liabilities 48,882 37,037
Current portion of other long-term debt and capital leases 635 505
Total current liabilities 402,667 228,015
Long-term liabilities:
Senior convertible notes 172,500 –
Revolving credit borrowings 76,094 –
Other long-term debt and capital leases 8,775 3,411
Non-cash obligations for construction in progress – leased facilities 15,233 10,927
Deferred revenue and other liabilities 96,112 60,113
Total long-term liabilities 368,714 74,451
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value, $.01 per share, authorized shares
5,000,000; none issued and outstanding ––
Common stock, par value, $.01 per share, authorized shares
200,000,000; issued and outstanding shares 34,790,358 and
33,052,882, at January 29, 2005 and January 31, 2004, respectively 348 331
Class B common stock, par value, $.01 per share, authorized
shares 40,000,000; issued and outstanding shares 14,039,529
and 14,107,644, at January 29, 2005 and January 31, 2004, respectively 140 141
Additional paid-in capital 181,321 175,748
Retained earnings 129,862 60,957
Accumulated other comprehensive income 1,996 3,717
Total stockholders’ equity 313,667 240,894
Total liabilities and stockholders’ equity $ 1,085,048 $ 543,360
See notes to consolidated financial statements.
consolidated balance sheets