Stein Mart 2011 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2011 Stein Mart annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 53

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53

Table of Contents
Stein Mart, Inc.
Consolidated Balance Sheets
(In thousands, except for share data)
The accompanying notes are an integral part of these consolidated financial statements.
F
-
2
January 28, 2012
January 29, 2011
ASSETS
Current assets:
Cash and cash equivalents
$
94,053
$
80,171
Inventories
220,775
232,295
Prepaid expenses and other current assets
36,838
27,968
Total current assets
351,666
340,434
Property and equipment, net
104,141
79,964
Other assets
17,409
16,046
Total assets
$
473,216
$
436,444
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable
$
106,063
$
95,545
Accrued expenses and other current liabilities
72,731
72,587
Total current liabilities
178,794
168,132
Other liabilities
35,084
21,061
Total liabilities
213,878
189,193
COMMITMENTS AND CONTINGENCIES (Note 6 and 10)
Shareholders
’
equity:
Preferred stock
-
$.
01 par value; 1,000,000 shares authorized; no shares issued or outstanding
Common stock - $.01 par value; 100,000,000 shares authorized; 43,588,821 and 44,396,504 shares
issued and outstanding, respectively
436
444
Additional paid
-
in capital
15,268
21,126
Retained earnings
245,053
225,225
Accumulated other comprehensive (loss) income
(1,419
)
456
Total shareholders
’
equity
259,338
247,251
Total liabilities and shareholders
’
equity
$
473,216
$
436,444