Harris Teeter 2009 Annual Report Download - page 36

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32
CONSOLIDATED BALANCE SHEETS
RUDDICK CORPORATION AND SUBSIDIARIES
(dollars in thousands)
September 27,
2009
September 28,
2008
ASSETS
Current Assets
Cash and Cash Equivalents ....................................... $ 37,310 $ 29,759
Accounts Receivable, Net of Allowance For Doubtful
Accounts of $3,690 and $2,819 ................................. 80,146 91,528
Refundable Income Taxes ........................................ 9,707 8,607
Inventories .................................................... 310,271 312,589
Deferred Income Taxes .......................................... 6,502 6,477
Prepaid Expenses and Other Current Assets .......................... 30,350 28,196
Total Current Assets .......................................... 474,286 477,156
Property
Land ......................................................... 21,430 21,375
Buildings and Improvements ...................................... 270,145 238,413
Machinery and Equipment ........................................ 1,000,886 942,213
Leasehold Improvements ......................................... 734,073 619,677
Total, at Cost................................................ 2,026,534 1,821,678
Accumulated Depreciation and Amortization ......................... 946,208 854,347
Property, Net................................................ 1,080,326 967,331
Investments ...................................................... 156,434 143,902
Deferred Income Taxes ............................................. 30,285 361
Goodwill ........................................................ 515 8,169
Intangible Assets .................................................. 23,754 26,355
Other Long-Term Assets ............................................ 78,721 73,133
Total Assets................................................. $1,844,321 $1,696,407
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Notes Payable.................................................. $ 7,056 $ 11,150
Current Portion of Long-Term Debt and Capital Lease Obligations ........ 9,526 9,625
Accounts Payable ............................................... 227,901 236,649
Dividends Payable .............................................. 5,825 —
Deferred Income Taxes .......................................... 68 347
Accrued Compensation .......................................... 65,295 63,826
Other Current Liabilities ......................................... 87,194 89,206
Total Current Liabilities ....................................... 402,865 410,803
Long-Term Debt and Capital Lease Obligations .......................... 355,561 310,953
Deferred Income Taxes ............................................. 580 10,877
Pension Liabilities ................................................. 168,060 44,306
Other Long-Term Liabilities ......................................... 98,892 89,685
Minority Interest .................................................. 6,184 5,948
Commitments and Contingencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . — —
Shareholders’ Equity
Common Stock, no par value - Shares Outstanding:
2009 – 48,545,080 2008 – 48,278,136 ............................ 89,878 83,252
Retained Earnings .............................................. 830,236 767,562
Accumulated Other Comprehensive Loss ............................ (107,935) (26,979)
Total Shareholders’ Equity ........................................ 812,179 823,835
Total Liabilities and Shareholders’ Equity ............................ $1,844,321 $1,696,407
See Notes to Consolidated Financial Statements