Ross 2014 Annual Report Download - page 27

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Selected Financial Data
($000, except per share data) 2014 2013 20121 2011 2010
Financial Position
Cash and cash equivalents $ 696,608 $ 423,168 $ 646,761 $ 649,835 $ 833,924
Merchandise inventory 1,372,675 1,257,155 1,209,237 1,130,070 1,086,917
Property and equipment, net 2,273,752 1,875,299 1,493,284 1,241,722 983,776
Total assets 4,703,134 3,896,797 3,670,561 3,301,209 3,116,204
Return on average assets 22% 22% 23% 20% 19%
Working capital 603,422 474,102 608,845 578,319 690,919
Current ratio 1.4:1 1.3:1 1.4:1 1.4:1 1.5:1
Long-term debt 398,375 150,000 150,000 150,000 150,000
Long-term debt as a percent
of total capitalization 15% 7% 8% 9% 10%
Stockholders’ equity 2,279,210 2,007,302 1,766,863 1,493,012 1,332,692
Return on average
stockholders’ equity 43% 44% 48% 47% 45%
Book value per common share
outstanding at year-end² $ 10.99 $ 9.41 $ 8.00 $ 6.58 $ 5.64
Operating Statistics
Number of stores opened 95 88 82 80 56
Number of stores closed 9 11 8 10 6
Number of stores at year-end 1,362 1,276 1,199 1,125 1,055
Comparable store sales increase³
(52-week basis) 3% 3% 6% 5% 5%
Sales per average square foot of
selling space (52-week basis) $ 372 $ 362 $ 355 $ 338 $ 324
Square feet of selling space
at year-end (000) 30,400 28,900 27,800 26,100 24,800
Number of employees at year-end 71,400 66,300 57,500 53,900 49,500
Number of common stockholders
of record at year-end 817 823 831 817 804
¹ Fiscal 2012 was a 53-week year; all other fiscal years presented were 52 weeks.
² All per share amounts have been adjusted for the two-for-one stock split effective December 15, 2011.
³ Comparable stores are stores open for more than 14 complete months.
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