Ross 2009 Annual Report Download - page 25

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— 23 —
Selected Financial Data
($000, except per share data) 2009 2008 2007 20061 2005
Financial Position
Merchandise inventory $ 872,498 $ 881,058 $ 1,025,295 $ 1,051,729 $ 938,091
Property and equipment, net 942,999 951,656 868,315 748,233 639,852
Total assets 2,768,633 2,355,511 2,371,322 2,358,591 1,938,738
Return on average assets 17% 13% 11% 11% 11%
Working capital 554,933 358,456 387,396 431,699 349,864
Current ratio 1.5:1 1.4:1 1.4:1 1.4:1 1.4:1
Long-term debt 150,000 150,000 150,000 150,000 —
Long-term debt as a percent
of total capitalization 11% 13% 13% 14% —
Stockholders’ equity 1,157,293 996,369 970,649 909,830 836,172
Return on average
stockholders’ equity 41% 31% 28% 28% 25%
Book value per common share
outstanding at year-end $ 9.41 $ 7.82 $ 7.24 $ 6.53 $ 5.80
Operating Statistics
Number of stores opened 56 77 98 66 86
Number of stores closed 7 11 5 3 1
Number of stores at year-end 1,005 956 890 797 734
Comparable store sales increase2
(52-week basis) 6% 2% 1% 4% 6%
Sales per square foot of selling
space3 (52-week basis) $ 311 $ 298 $ 301 $ 305 $ 304
Square feet of selling space
at year-end (000) 23,700 22,500 21,100 18,600 17,300
Number of employees at
year-end 45,600 40,000 39,100 35,800 33,200
Number of common stockholders
of record at year-end 767 754 760 749 756
1 Fiscal 2006 was a 53-week year; all other fiscal years presented were 52 weeks.
2 Comparable stores are stores open for more than 14 complete months.
3 Based on average annual selling square footage.