Urban Outfitters 2010 Annual Report Download - page 52

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URBAN OUTFITTERS, INC.
Consolidated Balance Sheets
(in thousands, except share and per share data)
January 31,
2010 2009
ASSETS
Current assets:
Cash and cash equivalents ................................... $ 159,024 $ 316,035
Marketable securities ....................................... 342,512 49,948
Accounts receivable, net of allowance for doubtful accounts of $1,284
and $1,229, respectively ................................... 38,405 36,390
Inventories ............................................... 186,130 169,698
Prepaid expenses and other current assets ....................... 67,865 46,412
Deferred taxes ............................................. 12,277 5,919
Total current assets ..................................... 806,213 624,402
Property and equipment, net ...................................... 539,961 505,407
Marketable securities ........................................... 243,445 155,226
Deferred income taxes and other assets ............................. 46,474 43,974
Total Assets .......................................... $1,636,093 $1,329,009
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable .......................................... $ 78,041 $ 62,955
Accrued compensation ...................................... 21,913 11,975
Accrued expenses and other current liabilities .................... 88,595 66,220
Total current liabilities .................................. 188,549 141,150
Deferred rent and other liabilities .................................. 150,769 134,084
Total Liabilities ....................................... 339,318 275,234
Commitments and contingencies (see Note 11)
Shareholders’ equity:
Preferred shares; $.0001 par value, 10,000,000 shares authorized, none
issued ................................................. — —
Common shares; $.0001 par value, 200,000,000 shares authorized,
168,558,371 and 167,712,088 issued and outstanding,
respectively ............................................. 17 17
Additional paid-in capital .................................... 184,620 170,166
Retained earnings .......................................... 1,121,232 901,339
Accumulated other comprehensive loss ......................... (9,094) (17,747)
Total Shareholders’ Equity ............................... 1,296,775 1,053,775
Total Liabilities and Shareholders’ Equity ................... $1,636,093 $1,329,009
The accompanying notes are an integral part of these consolidated financial statements.
F-3