Big Lots 2013 Annual Report Download - page 196

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Supplemental Cash Flow Disclosures
The following table provides supplemental cash flow information for 2013, 2012, and 2011:
(In thousands) 2013 2012 2011
Supplemental disclosure of cash flow information:
Cash paid for interest, including capital leases $2,687 $ 3,369 $ 2,742
Cash paid for income taxes, excluding impact of refunds $122,672 $ 95,596 $ 114,406
Gross proceeds from borrowings under the bank credit facility $1,330,100 $ 1,448,800 $ 846,300
Gross payments of borrowings under the bank credit facility $1,424,300 $ 1,343,500 $ 780,400
Non-cash activity:
Assets acquired under capital leases $
—
$ 392 $ 2,925
Accrued property and equipment $5,296 $ 6,824 $ 8,711
Notes payable assumed in acquisition $
—
$
—
$ 16,664
Reclassifications
Wholesale Business
During the fourth quarter of 2013, we executed our wind down plan and ceased the operations of our wholesale business;
therefore, we determined the results of our wholesale business should be reported as discontinued operations. As such, we have
reclassified our results for all periods presented. Please see the Wholesale Business section of note 13 and note 14 to the
consolidated financial statements for further discussion of the wind down and the costs incurred during 2013.
Merchandise Categories
In the fourth quarter of 2013, we realigned select merchandise categories to be consistent with the realignment of our
merchandising team and changes to our management reporting in our U.S. segment. We moved our toys, books, and sporting
goods departments out of the Hardlines & Toys category and into our Seasonal category. We moved our table top, food
preparation, stationary, gift wrap, and greeting card departments out of our Home category and into our Hard Home. Additionally,
we moved our home décor and frames departments out of our Home category and into our Furniture category.
We subsequently renamed the remaining classifications in our Home category as Soft Home. We also renamed our Furniture
category to Furniture & Home Décor. Furthermore, we renamed our Electronics & Other category to Electronics &
Accessories.
Also in the fourth quarter of 2013, we separated several of our existing merchandise departments into new departments to be
consistent with the realignment of our merchandising team and changes to our management reporting. Prior to the fourth
quarter of 2013, our Food category consisted of our food and specialty food departments. We separated our food department
into two separate departments named candy & snacks and beverage & grocery. In our Home category, we separated our
domestics department into six new departments named fashion bedding, utility bedding, bath, window, decorative textile, and
flooring.
Our U.S. segment now uses the following merchandise categories, which match our internal management and reporting of
merchandise net sales: Food, Consumables, Soft Home, Hard Home, Furniture & Home Décor, Seasonal, and Electronics &
Accessories. The Food category includes our beverage & grocery, candy & snacks, and specialty foods departments. The
Consumables category includes our health and beauty, plastics, paper, chemical, and pet departments. The Soft Home category
includes the fashion bedding, utility bedding, bath, window, decorative textile, and flooring departments. The Hard Home
category includes our small appliances, table top, food preparation, stationary, greeting card, tools, paint, and home
maintenance departments. The Furniture & Home Décor category includes our upholstery, mattress, ready-to-assemble, case
goods, home décor, and frames departments. The Seasonal category includes our lawn & garden, summer, Christmas, toys,
books, sporting goods, and other holiday departments. The Electronics & Accessories category includes the electronics,
jewelry, apparel, hosiery, and infant accessories departments. In order to provide comparative information, we have
reclassified our results into the new alignment for all periods presented.