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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 30, 2017
Apr. 01, 2017
Current assets:      
Cash and cash equivalents $ 132,398 $ 109,148 $ 72,701
Inventories 1,760,065 1,453,208 1,657,761
Prepaid expenses and other current assets 86,815 88,252 86,459
Income taxes receivable 4,815 4,760 7,339
Total current assets 1,984,093 1,655,368 1,824,260
Property and equipment:      
Land 99,336 99,336 96,535
Buildings and improvements 1,055,487 1,037,730 975,155
Furniture, fixtures and equipment 611,504 605,957 578,352
Computer software and hardware 273,104 266,898 231,091
Construction in progress 98,595 83,816 26,067
Property and equipment, gross 2,138,026 2,093,737 1,907,200
Accumulated depreciation and amortization (1,087,627) (1,049,234) (950,163)
Property and equipment, net 1,050,399 1,044,503 957,037
Goodwill and other intangible assets 124,492 124,492 125,717
Deferred income taxes 18,585 18,494 46,829
Other assets 30,218 25,912 22,559
Total assets 3,207,787 2,868,769 2,976,402
Current liabilities:      
Accounts payable 732,524 576,568 563,525
Accrued employee compensation 23,274 31,673 21,049
Other accrued expenses 200,053 201,656 187,247
Current portion of long-term debt 25,000 25,000 12,500
Current portion of capital lease obligations 3,545 3,545 1,356
Income taxes payable 29,539 10,772 31,407
Total current liabilities 1,013,935 849,214 817,084
Long-term debt 679,565 401,069 598,919
Capital lease obligations, less current maturities 31,717 32,617 25,525
Deferred rent 106,542 105,906 101,001
Other long-term liabilities 62,783 61,290 54,375
Total liabilities 1,894,542 1,450,096 1,596,904
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 March 31, 2018, December 30, 2017 and April 1, 2017; 170,498, 170,375 and 170,093 shares issued; 123,059, 125,303 and 129,349 shares outstanding at March 31, 2018, December 30, 2017 and April 1, 2017, respectively 1,364 1,363 1,361
Additional paid-in capital 728,588 716,228 683,012
Treasury stock – at cost, 47,439, 45,072 and 40,744 shares at March 31, 2018, December 30, 2017 and April 1, 2017, respectively (2,288,364) (2,130,901) (1,876,045)
Accumulated other comprehensive income 5,190 3,358 1,673
Retained earnings 2,866,467 2,828,625 2,569,497
Total stockholders’ equity 1,313,245 1,418,673 1,379,498
Total liabilities and stockholders’ equity $ 3,207,787 $ 2,868,769 $ 2,976,402