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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Jun. 25, 2016
Current assets:      
Cash and cash equivalents $ 67,793 $ 53,916 $ 151,112
Inventories 1,468,254 1,369,656 1,366,499
Prepaid expenses and other current assets 90,409 90,557 67,613
Income taxes receivable 4,066 3,680 3,311
Total current assets 1,630,522 1,517,809 1,588,535
Property and equipment:      
Land 99,267 94,940 94,387
Buildings and improvements 995,716 965,582 870,053
Furniture, fixtures and equipment 584,275 567,653 544,724
Computer software and hardware 243,577 224,370 199,058
Construction in progress 48,521 21,320 55,014
Property and equipment, gross 1,971,356 1,873,865 1,763,236
Accumulated depreciation and amortization (988,998) (911,557) (861,274)
Property and equipment, net 982,358 962,308 901,962
Goodwill and other intangible assets 125,717 125,717 10,258
Deferred income taxes 52,960 45,218 58,812
Other assets 24,015 23,890 19,199
Total assets 2,815,572 2,674,942 2,578,766
Current liabilities:      
Accounts payable 510,820 519,522 430,394
Accrued employee compensation 14,264 25,246 27,744
Other accrued expenses 184,829 215,650 201,077
Current portion of long-term debt 20,000 10,000 10,000
Current portion of capital lease obligations 3,418 1,294 1,081
Income taxes payable 73,157 5,482 54,139
Total current liabilities 806,488 777,194 724,435
Long-term debt 433,676 263,850 186,212
Capital lease obligations, less current maturities 33,860 25,919 21,494
Deferred rent 102,525 100,078 89,317
Other long-term liabilities 56,457 54,683 55,379
Total liabilities 1,433,006 1,221,724 1,076,837
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 July 1, 2017, December 31, 2016 and June 25, 2016; 170,184, 169,943 and 169,724 shares issued; 127,231, 130,795 and 133,703 shares outstanding at July 1, 2017, December 31, 2016 and June 25, 2016, respectively 1,361 1,360 1,358
Additional paid-in capital 693,775 671,515 647,719
Treasury stock – at cost, 42,953, 39,148 and 36,021 shares at July 1, 2017, December 31, 2016 and June 25, 2016, respectively (2,009,645) (1,761,498) (1,536,695)
Accumulated other comprehensive income (loss) 1,521 1,392 (1,362)
Retained earnings 2,695,554 2,540,449 2,390,909
Total stockholders’ equity 1,382,566 1,453,218 1,501,929
Total liabilities and stockholders’ equity $ 2,815,572 $ 2,674,942 $ 2,578,766