Harris Teeter 2010 Annual Report Download - page 36

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CONSOLIDATED BALANCE SHEETS
RUDDICK CORPORATION AND SUBSIDIARIES
(dollars in thousands)
October 3,
2010 September 27,
2009
ASSETS
Current Assets
Cash and Cash Equivalents ........................................ $ 73,612 $ 37,310
Accounts Receivable, Net of Allowance For Doubtful Accounts of $3,473
and $3,690 ................................................... 99,407 80,146
Refundable Income Taxes ......................................... 16,767 9,707
Inventories .................................................... 320,506 310,271
Deferred Income Taxes ........................................... 2,236 6,502
Prepaid Expenses and Other Current Assets ............................ 32,443 30,350
Total Current Assets ............................................ 544,971 474,286
Property
Land ......................................................... 21,398 21,430
Buildings and Improvements ....................................... 266,631 269,508
Machinery and Equipment ......................................... 1,046,532 1,001,572
Leasehold Improvements .......................................... 769,083 734,024
Total, at Cost ................................................. 2,103,644 2,026,534
Accumulated Depreciation and Amortization ............................ 1,035,837 946,208
Property, Net ................................................. 1,067,807 1,080,326
Investments ...................................................... 174,733 156,434
Deferred Income Taxes ............................................. 977 30,285
Goodwill ....................................................... 515 515
Intangible Assets .................................................. 21,434 23,754
Other Long-Term Assets ............................................ 79,449 78,721
Total Assets .................................................. $1,889,886 $1,844,321
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Notes Payable .................................................. $ 6,785 $ 7,056
Current Portion of Long-Term Debt and Capital Lease Obligations ........... 12,035 9,526
Accounts Payable ............................................... 228,748 227,901
Dividends Payable ............................................... — 5,825
Deferred Income Taxes ........................................... 159 68
Accrued Compensation ........................................... 64,102 65,295
Other Current Liabilities .......................................... 90,218 87,194
Total Current Liabilities ......................................... 402,047 402,865
Long-Term Debt and Capital Lease Obligations ........................... 296,131 355,561
Deferred Income Taxes ............................................. 1,721 580
Pension Liabilities ................................................. 185,445 168,060
Other Long-Term Liabilities ......................................... 105,619 98,892
Commitments and Contingencies ...................................... — —
Equity
Common Stock, no par value - Shares Outstanding: 2010 – 48,901,482;
2009 – 48,545,080 ............................................. 98,285 89,878
Retained Earnings ............................................... 918,843 830,236
Accumulated Other Comprehensive Loss .............................. (124,679) (108,524)
Total Equity of Ruddick Corporation ................................. 892,449 811,590
Noncontrolling Interest ........................................... 6,474 6,773
Total Equity .................................................. 898,923 818,363
Total Liabilities and Equity ......................................... $1,889,886 $1,844,321
See Notes to Consolidated Financial Statements
31