Ross 2012 Annual Report Download - page 51

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49
The components of deferred income taxes at February 2, 2013 and January 28, 2012 are as follows:
($000) 2012 2011
Deferred Tax Assets
Accrued liabilities $ 72,266 $ 43,215
Deferred compensation 28,040 34,736
Stock-based compensation 28,781 16,969
Deferred rent 16,984 13,115
California franchise taxes 13,376 11, 286
Employee benefits 18,315 10,074
Other 3,686 3,260
181,448 132,655
Deferred Tax Liabilities
Depreciation (210,343) (199,119)
Merchandise inventory (18,802) (20,129)
Supplies (9,766) (9,024)
Prepaid expenses (6,431) (7,305)
(245,342) (235,577)
Net Deferred Tax Liabilities $ (63,894) $ (102,922)
Classified as:
Current net deferred tax asset $ 20,407 $ 5,598
Long-term net deferred tax liability (84,301) (108,520)
Net Deferred Tax Liabilities $ (63,894) $ (102,922)
The changes in amounts of unrecognized tax benefits (gross of federal tax benefits and excluding interest) at fiscal 2012, 2011,
and 2010 are as follows:
($000) 2012 2011 2010
Unrecognized tax benefits — beginning of year $ 56,524 $ 43,990 $ 33,349
Gross increases:
Tax positions in current period 11,009 9,245 8,957
Tax positions in prior period 4,167 12,193 4,343
Gross decreases:
Tax positions in prior periods (1,476) (4,491) —
Lapse of statute limitations (1,312) (682) (1,348)
Settlements (3,245) (3,731) (1,311)
Unrecognized tax benefits — end of year $ 65,667 $ 56,524 $ 43,990