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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 30, 2017
Jul. 01, 2017
Current assets:      
Cash and cash equivalents $ 69,954 $ 109,148 $ 67,793
Inventories 1,632,280 1,453,208 1,468,254
Prepaid expenses and other current assets 103,379 88,252 90,409
Income taxes receivable 5,115 4,760 4,066
Total current assets 1,810,728 1,655,368 1,630,522
Property and equipment:      
Land 100,564 99,336 99,267
Buildings and improvements 1,072,866 1,037,730 995,716
Furniture, fixtures and equipment 619,284 605,957 584,275
Computer software and hardware 290,599 266,898 243,577
Construction in progress 125,945 83,816 48,521
Property and equipment, gross 2,209,258 2,093,737 1,971,356
Accumulated depreciation and amortization (1,127,715) (1,049,234) (988,998)
Property and equipment, net 1,081,543 1,044,503 982,358
Goodwill and other intangible assets 124,492 124,492 125,717
Deferred income taxes 20,741 18,494 52,960
Other assets 29,902 25,912 24,015
Total assets 3,067,406 2,868,769 2,815,572
Current liabilities:      
Accounts payable 649,665 576,568 510,820
Accrued employee compensation 22,758 31,673 14,264
Other accrued expenses 205,352 201,656 184,829
Current portion of long-term debt 25,000 25,000 20,000
Current portion of capital lease obligations 3,714 3,545 3,418
Income taxes payable 34,997 10,772 73,157
Total current liabilities 941,486 849,214 806,488
Long-term debt 516,410 401,069 433,676
Capital lease obligations, less current maturities 30,639 32,617 33,860
Deferred rent 107,827 105,906 102,525
Other long-term liabilities 65,002 61,290 56,457
Total liabilities 1,661,364 1,450,096 1,433,006
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 June 30, 2018, December 30, 2017 and July 1, 2017; 170,728, 170,375 and 170,184 shares issued; 121,811, 125,303 and 127,231 shares outstanding at June 30, 2018, December 30, 2017 and July 1, 2017, respectively 1,366 1,363 1,361
Additional paid-in capital 746,410 716,228 693,775
Treasury stock – at cost, 48,917, 45,072 and 42,953 shares at June 30, 2018, December 30, 2017 and July 1, 2017, respectively (2,383,446) (2,130,901) (2,009,645)
Accumulated other comprehensive income 5,742 3,358 1,521
Retained earnings 3,035,970 2,828,625 2,695,554
Total stockholders’ equity 1,406,042 1,418,673 1,382,566
Total liabilities and stockholders’ equity $ 3,067,406 $ 2,868,769 $ 2,815,572