Cabela's 2011 Annual Report Download - page 80

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70
CABELA’S INCORPORATED AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in Thousands Except Par Values)
December 31,
2011
January 1,
2011
ASSETS
CURRENT
Cash and cash equivalents $ 304,679 $ 136,419
Restricted cash of the Trust 18,296 18,575
Accounts receivable, net 47,127 47,218
Credit card loans (includes restricted credit card loans of the Trust of $3,142,151 and $2,775,768),
net of allowance for loan losses of $73,350 and $90,900 3,094,163 2,709,312
Inventories 494,828 509,097
Prepaid expenses and other current assets 146,479 123,304
Income taxes receivable and deferred income taxes 5,709 2,136
Total current assets 4,111,281 3,546,061
Property and equipment, net 866,899 817,947
Land held for sale or development 38,393 21,816
Economic development bonds 86,563 104,231
Deferred income taxes - 12,786
Other assets 30,635 28,338
Total assets $ 5,133,771 $ 4,531,179
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT
Accounts payable, including unpresented checks of $19,124 and $27,227 $ 266,793 $ 214,757
Gift instruments, and credit card and loyalty rewards programs 227,414 202,541
Accrued expenses 143,695 138,510
Time deposits 88,401 148,619
Current maturities of secured variable funding obligations of the Trust 460,000 393,000
Current maturities of secured long-term obligations of the Trust 425,000 698,400
Current maturities of long-term debt 8,387 230
Income taxes payable - 2,880
Total current liabilities 1,619,690 1,798,937
Long-term time deposits 893,912 364,132
Secured long-term obligations of the Trust, less current maturities 977,500 892,500
Long-term debt, less current maturities 336,535 344,922
Deferred income taxes 26,367 -
Other long-term liabilities 98,451 106,140
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 - 69,641,818 and 68,156,154 shares; Outstanding - 68,840,883 and 68,156,154 shares 696 681
Additional paid-in capital 334,925 306,149
Retained earnings 862,914 720,294
Accumulated other comprehensive income (loss) 2,731 (2,576)
Treasury stock, at cost (19,950) -
Total stockholders’ equity 1,181,316 1,024,548
Total liabilities and stockholders’ equity $ 5,133,771 $ 4,531,179
Refer to notes to consolidated financial statements.