XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Nov. 30, 2013
Mar. 02, 2013
Dec. 01, 2012
CURRENT ASSETS:      
Cash and cash equivalents $ 111,916 $ 226,982 $ 168,154
Accounts receivable, net 12,340 14,768 12,025
Merchandise inventories, net 360,463 243,770 301,654
Income taxes receivable 16,228 0 10,417
Other 21,215 6,174 8,462
Total current assets 522,162 491,694 500,712
PROPERTY AND EQUIPMENT:      
Land 1,557 1,557 1,557
Building 42,545 42,460 42,397
Leasehold improvements 240,430 227,080 228,647
Furniture, fixtures and equipment 164,709 143,510 126,418
Construction in progress 50,824 36,339 38,149
Property and equipment, gross 500,065 450,946 437,168
Less accumulated depreciation 286,877 270,345 269,198
Property and equipment, net 213,188 180,601 167,970
Deferred income taxes 3,640 12,018 18,926
Goodwill 24,035 13,888 14,763
Other intangible assets 550 550 550
Other assets, net 9,995 7,671 6,864
Total assets 773,570 706,422 709,785
CURRENT LIABILITIES:      
Accounts payable 122,071 75,641 92,956
Employee compensation 17,588 15,579 15,425
Accrued property and sales tax 9,526 9,245 8,212
Income taxes payable 0 5,211 0
Deferred income taxes 8,060 7,239 8,997
Other liabilities and accrued expenses 23,511 21,122 20,019
Total current liabilities 180,756 134,037 145,609
Deferred credits from landlords 28,639 27,215 28,138
Other long-term liabilities 17,465 16,638 18,463
REDEEMABLE NONCONTROLLING INTEREST 2,034 3,669 4,535
SHAREHOLDERS’ EQUITY:      
Preferred stock, $.01 par value; 1,000 shares authorized; none issued 0 0 0
Common stock, $.01 par value, Shares authorized- 110,000, Shares issued-(November 30, 2013 -60,145; December 1, 2012 - 59,587; March 2, 2013 - 59,587), Shares outstanding-(November 30, 2013 - 48,254; December 1, 2012 - 49,262; March 2, 2013 - 48,193) 597 596 596
Additional paid-in capital 221,886 217,045 216,657
Retained earnings 528,526 504,883 473,921
Treasury stock—(November 30, 2013 – 11,504; December 1, 2012 – 10,325; March 2, 2013 – 11,394) (206,333) (197,661) (178,134)
Total shareholders’ equity 544,676 524,863 513,040
Total liabilities and shareholders’ equity $ 773,570 $ 706,422 $ 709,785