Cabela's 2009 Annual Report Download - page 80

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71
CABELA’S INCORPORATED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in Thousands Except Par Values)
January 2, December 27,
ASSETS 2010 2008
CURRENT
Cash and cash equivalents $ 582,185 $410,104
Accounts receivable, net of allowance for doubtful accounts of $1,364 and $556 31,925 45,788
Credit card loans, net of allowances of $1,374 and $1,507 135,935 167,226
Inventories 440,134 517,657
Prepaid expenses and other current assets 150,913 133,439
Total current assets 1,341,092 1,274,214
Property and equipment, net 811,765 881,080
Land held for sale or development 30,772 39,318
Retained interests in securitized loans, including asset-backed securities 176,034 61,605
Economic development bonds 108,491 112,585
Other assets 23,731 27,264
Total assets $ 2,491,885 $2,396,066
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT
Accounts payable, including unpresented checks of $44,394 and $28,217 $ 215,229 $189,766
Gift certificates, and credit card and loyalty rewards programs 183,915 184,834
Accrued expenses 145,797 123,296
Time deposits 120,384 178,817
Current maturities of long-term debt 3,101 695
Income taxes payable 27,446 11,689
Deferred income taxes 25,866 11,707
Total current liabilities 721,738 700,804
Long-term debt, less current maturities 345,178 379,336
Long-term time deposits 356,280 307,382
Deferred income taxes 20,824 38,707
Other long-term liabilities 63,444 56,132
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $0.01 par value; Authorized – 10,000,000 shares; Issued – none - -
Common stock, $0.01 par value:
Class A Voting, Authorized – 245,000,000 shares; Issued – 67,287,575 and 66,833,984 shares 673 668
Class B Non-voting, Authorized – 245,000,000 shares; Issued – none - -
Additional paid-in capital 285,490 271,958
Retained earnings 697,293 647,676
Accumulated other comprehensive income (loss) 965 (6,597)
Total stockholders’ equity 984,421 913,705
Total liabilities and stockholders’ equity $ 2,491,885 $2,396,066
Refer to notes to consolidated financial statements.