-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, MqWq914P6c0hTBKwCfrqJU8ALTIKXucAS2e9TjN0DLQAAqTIe9kSy6nFfoNnJHJR QKoHdxoVc/nV8TqADdvyGg== 0000029534-95-000024.txt : 199507130000029534-95-000024.hdr.sgml : 19950713 ACCESSION NUMBER: 0000029534-95-000024 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950430 FILED AS OF DATE: 19950712 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR GENERAL CORP CENTRAL INDEX KEY: 0000029534 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 610502302 STATE OF INCORPORATION: KY FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-11421 FILM NUMBER: 95553345 BUSINESS ADDRESS: STREET 1: 104 WOODMONT BLVD STE 500 CITY: NASHVILLE STATE: TN ZIP: 37205 BUSINESS PHONE: 6157832000 FORMER COMPANY: FORMER CONFORMED NAME: TURNER CAL DATE OF NAME CHANGE: 19710401 FORMER COMPANY: FORMER CONFORMED NAME: TURNER J L & SON INC DATE OF NAME CHANGE: 19710401 10-Q/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Amendment #1) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 - Amendment #1 For the quarterly period of April 30, 1995 Commission file number 0-4769 DOLLAR GENERAL CORPORATION (Exact name of registrant as specified in its charter) KENTUCKY 61-0502302 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 104 Woodmont Blvd. Suite 500 Nashville, Tennessee 37205 (Address of principal executive offices, zip code) Registrant's telephone number, including area code: (615) 783-2000 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No____. The number of shares of common stock outstanding at April 30, 1995 was 67,942,306. 4 DOLLAR GENERAL CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS As of April 30, 1995, January 31, 1995 and April 30, 1994 (in thousands)
ASSETS April 30, January 31, April 30, 1995 1995 1994 Current Assets: Cash and cash equivalents $ 41,145 $ 33,045 $ 30,282 Merchandise inventories 419,951 356,111 304,242 Deferred income taxes 12,277 11,785 9,893 Other current assets 13,533 9,212 8,465 Income Taxes 0 0 679 Total current assets 486,906 410,153 353,561 Property & Equipment, at cost 196,700 187,360 132,492 Less: Accumulated depreciation 67,129 62,108 50,935 129,571 125,252 81,557 Other Assets 5,535 5,463 4,684 $622,012 $540,868 $439,802 LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities: Current portion of long-term debt $ 1,442 $ 1,441 $ 1,303 Short-term borrowings 96,487 29,600 27,000 Accounts payable 122,772 111,675 101,060 Accrued expenses 53,486 61,037 46,547 Income Taxes 6,001 5,210 0 Total current liabilities 280,188 208,963 175,910 Long-term debt 3,857 4,767 4,801 Deferred income taxes 3,382 3,382 2,563 Shareholders' equity: Preferred stock 858 858 0 Common stock 33,971 33,971 27,248 Additional paid-in capital 286,047 283,323 73,861 Retained earnings 215,160 207,436 158,031 536,056 525,588 259,140 Less treasury stock 201,451 201,832 2,612 334,585 323,756 256,528 $622,012 $540,868 $439,802
The accompanying notes are an integral part of this statement. 5 DOLLAR GENERAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS for the three months ended April 30, 1995 and 1994 (in thousands) (unaudited)
April 30, 1995 April 30, 1994 Cash flows from operating activities: Net income $ 11,576 $ 9,514 Adjustments to reconcile new income to net cash provided by operating activities: Depreciation and amortization 5,405 3,684 Deferred income taxes ( 492) ( 229) Change in operating assets and liabilities: Merchandise inventories ( 63,840) ( 44,200) Accounts payable, trade 11,090 20,022 Accrued expenses ( 7,551) ( 1,359) Income taxes 791 884 Other ( 3,194) 138 Net cash provided (used) by operating activities ( 46,215) ( 11,546) Cash flows used in investing activities: Purchase of property & equipment ( 10,922) ( 7,922) Cash flows provided by financing activities: Issuance of short-term borrowings 67,117 17,000 Repayments of short-term borrowings ( 230) ( 8,000) Repayments of long-term debt ( 909) ( 909) Payments of cash dividends ( 3,846) ( 2,648) Proceeds from exercise of stock options 1,612 4,780 Tax benefits from exercise of stock options 1,463 4,162 Net cash provided by financing activities 65,237 14,385 Net increase (decrease) in cash and equivalents 8,100 ( 5,083) Cash and cash equivalents at beginning of year 33,045 35,365 Cash and cash equivalents at end of period $ 41,145 $ 30,282
The accompanying notes are an integral part of this statement. 10 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. DOLLAR GENERAL CORPORATION (Registrant) Date: June 13, 1995 By:/s/: C. Kent Garner C. Kent Garner, Vice President,Treasurer and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----