Express 2013 Annual Report Download - page 62
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Table of Contents
Current assets
Cash and cash
equivalents $1,984
$283,707
$19,631
$6,562
$ —
$311,884
Receivables, net —
10,410
5,880
1,094
—
17,384
Inventories —
15,928
192,762
3,820
—
212,510
Prepaid minimum rent —
689
26,658
1,207
—
28,554
Intercompany loan
receivable —
28,080
—
—
(28,080)
—
Intercompany receivable —
—
114,258
5,784
(120,042)
—
Other 237
8,523
4,552
54
(237)
13,129
Total current assets 2,221
347,337
363,741
18,521
(148,359)
583,461
Property and equipment, net —
56,922
301,684
17,516
—
376,122
Tradename/domain name —
197,812
—
—
—
197,812
Investment in subsidiary 471,687
393,156
—
465,902
(1,330,745)
—
Deferred tax assets 661
6,637
10,182
78
—
17,558
Other assets —
6,295
1,416
6
—
7,717
Total assets $474,569
$1,008,159
$ 677,023
$502,023
$(1,479,104)
$1,182,670
Current liabilities
Accounts payable $ —
$150,420
$ 2,873
$1,443
$ —
$154,736
Deferred revenue —
1,004
27,264
168
—
28,436
Accrued bonus —
—
694
—
—
694
Accrued expenses —
40,087
74,465
1,026
(237)
115,341
Intercompany payable —
120,042
—
—
(120,042)
—
Intercompany loan
payable —
—
—
28,080
(28,080)
—
Total current liabilities —
311,553
105,296
30,717
(148,359)
299,207
Long-term debt —
199,170
—
—
—
199,170
Deferred lease credits —
4,963
103,129
6,417
—
114,509
Other long-term liabilities —
26,571
68,644
—
—
95,215
Total liabilities —
542,257
277,069
37,134
(148,359)
708,101
Commitments and Contingencies (Note 14)
Total stockholders’ equity 474,569
465,902
399,954
464,889
(1,330,745)
474,569
Total liabilities and stockholders’ equity $474,569
$1,008,159
$ 677,023
$502,023
$(1,479,104)
$1,182,670
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