O'Reilly Auto Parts 2014 Annual Report Download - page 49

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FORM 10-K
42
Consolidated Balance Sheets
(In thousands, except share data)
December 31,
2014 2013
Assets
Current assets:
Cash and cash equivalents $ 250,560 $ 231,318
Accounts receivable, less allowance for doubtful accounts $8,713 in 2014 and $6,661 in 2013 143,900 131,504
Amounts receivable from suppliers 69,311 66,619
Inventory 2,554,789 2,375,047
Other current assets 48,418 30,713
Total current assets 3,066,978 2,835,201
Property and equipment, at cost 3,993,509 3,606,837
Less: accumulated depreciation and amortization 1,334,949 1,181,734
Net property and equipment 2,658,560 2,425,103
Notes receivable, less current portion 13,349 13,066
Goodwill 756,384 756,225
Other assets, net 45,030 37,613
Total assets $ 6,540,301 $ 6,067,208
Liabilities and shareholders' equity
Current liabilities:
Accounts payable $ 2,417,167 $ 2,056,521
Self-insurance reserves 64,882 57,700
Accrued payroll 78,442 65,520
Accrued benefits and withholdings 62,946 41,262
Deferred income taxes 17,258 20,222
Other current liabilities 189,836 181,718
Current portion of long-term debt 25 67
Total current liabilities 2,830,556 2,423,010
Long-term debt, less current portion 1,396,615 1,396,141
Deferred income taxes 85,164 80,713
Other liabilities 209,548 201,023
Shareholders' equity:
Preferred stock, $0.01 par value:
Authorized shares - 5,000,000
Issued and outstanding shares - none ——
Common stock, $0.01 par value:
Authorized shares – 245,000,000
Issued and outstanding shares –
101,602,935 as of December 31, 2014, and
105,939,766 as of December 31, 2013 1,016 1,059
Additional paid-in capital 1,194,929 1,118,929
Retained earnings 822,473 846,333
Total shareholders' equity 2,018,418 1,966,321
Total liabilities and shareholders' equity $ 6,540,301 $ 6,067,208
See accompanying Notes to consolidated financial statements.