Petsmart 2000 Annual Report Download - page 37

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Prepaid expenses and other current assets (Note 6) 31,159 27,943
Total current as s ets 518,715 566,572
Property and equipment, net (Note 3) 263,327 279,727
Investments (Note 2) 30,802 5,378
Other ass ets (Note 1) 15,766 31,244
Deferred income taxes (Note 6) 6,780 49,078
Total assets $ 835,390 $ 931,999
Liabilities and Stock holders ’ Equity
Accounts payable and bank overdraft $ 144,076 $ 148,915
Accrued payroll and employee benefits 30,839 24,799
Accrued occupancy expenses 13,214 15,580
Accrued merger, business integration and restructuring
cos ts (Note 5) 10,410 19,833
Other accrued expenses 27,272 44,704
Current maturities of capital lease obligations (Note 11) 12,593 16,434
Total current liabilities 238,404 270,265
Subordinated convertible notes (Note 9) 200,000 200,000
Capital leas e obligations (Note 11) 63,951 79,771
Deferred rents and other liabilities (Note 6) 18,611 17,145
Total liabilities 520,966 567,181
Commitments and contingencies (Notes 7, 8, 11, 12 and
13)
Stockholders’ equity:
Preferred stock; $.0001 par value; 10,000 shares
authorized, none issued and outstanding
Common stock; $.0001 par value; 250,000 shares
authorized, 117,246 and 116,461 s hares iss ued and
outstanding 12 12
Additional paid-in capital 400,108 394,799
Deferred compens ation (1,903) (2,503)
Accumulated deficit (57,279) (24,857)
Accumulated other comprehensive los s (1,304) (2,633)
Less: treasury s tock, at cost, 5,550 s hares (25,210) —
Total stockholders ’ equity 314,424 364,818
Total liabilities and s tockholders’ equity $ 835,390 $ 931,999
The accompanying notes are an integral part of these financial statements.
F-4
PETsMART, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
9/16/2010 www.sec.gov/Archives/edgar/data/86…
sec.gov/…/0000950153-00-000575-d1.… 37/70