Ross 2006 Annual Report Download - page 33

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15
Selected Financial Data
($000, except per share data) 20061 2005 2004 2003 2002
Financial Position
Merchandise inventory $ 1,051,729 $ 938,091 $ 853,112 $ 841,491 $ 716,518
Property and equipment, net 748,233 639,852 556,178 516,618 429,325
Total assets2 2,358,591 1,938,738 1,741,215 1,691,465 1,406,129
Return on average assets 11% 11% 10% 15% 16%
Working capital2 431,699 349,864 416,376 409,507 313,878
Current ratio 1.4:1 1.4:1 1.6:1 1.6:1 1.5:1
Long-term debt 150,000 − 50,000 50,000 25,000
Long-term debt as a percent
of total capitalization 14% − 6% 6% 4%
Stockholders’ equity 909,830 836,172 765,569 752,560 640,856
Return on average stockholders’ equity 28% 25% 22% 33% 34%
Book value per common share
outstanding at year-end $ 6.53 $ 5.80 $ 5.22 $ 4.98 $ 4.14
Operating Statistics
Number of stores opened 66 86 84 66 60
Number of stores closed 3 1 3 5 5
Number of stores at year-end 797 734 649 568 507
Comparable store sales increase (decrease)
(52-week basis) 4% 6% (1)% 1% 7%
Sales per square foot of selling space3
(52-week basis) $ 305 $ 304 $ 297 $ 312 $ 316
Square feet of selling space at
year-end (000) 18,642 17,319 15,253 13,321 11,843
Number of employees at year-end 35,800 33,200 30,100 26,600 22,500
Number of common stockholders
of record at year-end 749 756 753 726 767
1 Fiscal 2006 was a 53-week year; all other fiscal years presented were 52 weeks.
2 A reclassification of deferred tax assets and liabilities of approximately $5.2 million was made in the 2004 consolidated financial statements to conform to the 2005
presentation.
3 Based on average annual selling square footage.