Dick's Sporting Goods 2006 Annual Report Download - page 42

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February 3, January 28,
2007 2006
(Dollars in thousands, except per share data)
Assets
Current assets:
Cash and cash equivalents $135,942 $36,564
Accounts receivable, net 39,687 29,365
Income tax receivable 15,671 –
Inventories, net 641,464535,698
Prepaid expenses and other current assets 37,015 11,961
Deferred income taxes –429
Total current assets 869,779614,017
Property and equipment, net 433,071 370,277
Construction in progress – leased facilities 13,087 7,338
Goodwill 156,628 156,628
Other assets:
Deferred income taxes 17,440 8,959
Investments 3,008 3,197
Other 31,252 27,373
Total other assets 51,700 39,529
Total Assets $ 1,524,265 $ 1,187,789
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $286,668$ 253,395
Accrued expenses 190,365136,520
Deferred revenue and other liabilities 87,79862,792
Income taxes payable –18,381
Current portion of other long-term debt and capital leases 152 181
Total current liabilities 564,983 471,269
Long-term liabilities:
Senior convertible notes 172,500 172,500
Revolving credit borrowings ––
Other long-term debt and capital leases 8,3658,520
Non-cash obligations for construction in progress - leased facilities 13,087 7,338
Deferred revenue and other liabilities 144,780 113,369
Total long-term liabilities 338,732 301,727
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 39,691,277 and 36,545,332, at February 3, 2007 and January 28, 2006, respectively 397365
Class B common stock, par value, $.01 per share, authorized shares 40,000,000 issued
and outstanding shares 13,393,840 and 13,730,945, at February 3, 2007 and
January 28, 2006, respectively 134 137
Additional paid-in capital 302,766 209,526
Retained earnings 315,453 202,842
Accumulated other comprehensive income 1,800 1,923
Total stockholders’ equity 620,550 414,793
Total liabilities and stockholders’ equity $ 1,524,265 $ 1,187,789
See notes to consolidated financial statements.
DICK’S SPORTING GOODS, INC. 2006 ANNUAL REPORT
40
CONSOLIDATED BALANCE SHEETS