XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Mar. 26, 2016
Current assets:      
Cash and cash equivalents $ 72,701 $ 53,916 $ 74,501
Inventories 1,657,761 1,369,656 1,470,691
Prepaid expenses and other current assets 86,459 90,557 80,858
Income taxes receivable 7,339 3,680 0
Total current assets 1,824,260 1,517,809 1,626,050
Property and equipment:      
Land 96,535 94,940 87,005
Buildings and improvements 975,155 965,582 838,336
Furniture, fixtures and equipment 578,352 567,653 534,335
Computer software and hardware 231,091 224,370 187,477
Construction in progress 26,067 21,320 37,137
Property and equipment, gross 1,907,200 1,873,865 1,684,290
Accumulated depreciation and amortization (950,163) (911,557) (828,789)
Property and equipment, net 957,037 962,308 855,501
Goodwill and other intangible assets 125,717 125,717 10,258
Deferred income taxes 46,829 45,218 55,798
Other assets 22,559 23,890 16,921
Total assets 2,976,402 2,674,942 2,564,528
Current liabilities:      
Accounts payable 563,525 519,522 582,745
Accrued employee compensation 21,049 25,246 10,994
Other accrued expenses 187,247 215,650 178,747
Current portion of long-term debt 12,500 10,000 10,000
Current portion of capital lease obligations 1,356 1,294 1,081
Income taxes payable 31,407 5,482 29,830
Total current liabilities 817,084 777,194 813,397
Long-term debt 598,919 263,850 238,641
Capital lease obligations, less current maturities 25,525 25,919 21,761
Deferred rent 101,001 100,078 86,960
Other long-term liabilities 54,375 54,683 51,066
Total liabilities 1,596,904 1,221,724 1,211,825
Stockholders’ equity:      
Preferred stock, $1.00 par value; 40 shares authorized; no shares issued 0 0 0
Common stock, $0.008 par value; 400,000 shares authorized at April 1, 2017, December 31, 2016 and March 26, 2016; 170,093, 169,943 and 169,236 shares issued; 129,349, 130,795 and 133,302 shares outstanding at April 1, 2017, December 31, 2016 and March 26, 2016, respectively 1,361 1,360 1,354
Additional paid-in capital 683,012 671,515 613,686
Treasury stock – at cost, 40,744, 39,148 and 35,934 shares at April 1, 2017, December 31, 2016 and March 26, 2016, respectively (1,876,045) (1,761,498) (1,528,892)
Accumulated other comprehensive income 1,673 1,392 0
Retained earnings 2,569,497 2,540,449 2,266,555
Total stockholders’ equity 1,379,498 1,453,218 1,352,703
Total liabilities and stockholders’ equity $ 2,976,402 $ 2,674,942 $ 2,564,528