Supercuts 2003 Annual Report Download - page 62

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Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS, CONTINUED
2. OTHER FINANCIAL STATEMENT DATA
The following provides additional information concerning selected balance sheet accounts as of June 30, 2003 and 2002:
58
(Dollars in thousands)
2003
2002
Accounts receivable
$
35,633
$
28,738
Less allowance for doubtful accounts
(3,686
)
(1,837
)
$
31,947
$
26,901
Property and equipment:
Land
$
3,817
$
3,817
Buildings and improvements
38,113
29,518
Equipment, furniture and leasehold improvements
535,476
479,662
Internal use software
41,790
44,186
Equipment, furniture and leasehold improvements under capital
leases
22,147
15,135
641,343
572,318
Less accumulated depreciation and amortization
(273,059
)
(243,888
)
Less amortization of equipment, furniture and leasehold
improvements under capital leases
(11,559
)
(9,948
)
$
356,725
$
318,482
Accounts payable:
Book overdrafts payable
$
5,179
$
8,680
Other accounts payable
50,996
45,865
$
56,175
$
54,545
Accrued expenses:
Payroll and payroll related costs
$
45,388
$
38,580
Insurance
26,446
20,252
Taxes payable, primarily income taxes
13,309
3,605
Book overdrafts payable
3,540
3,189
Acquisition purchase price payable
877
9,771
Restructuring
679
1,489
Other
31,528
20,637
$
121,767
$
97,523
Other noncurrent liabilities:
Deferred income taxes
$
26,472
$
29,813
Deferred rent payable
10,242
9,221
Other
33,738
22,407
$
70,452
$
61,441